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NFI Group Inc T.NFI

Alternate Symbol(s):  NFYEF | T.NFI.DB

Industrials
NFI Group Inc. is a Canada-based independent bus and coach manufacturer. The Company specializes in zero-emission electric mass mobility solutions. Its segments include Manufacturing Operations and Aftermarket Operations. Manufacturing Operations segment includes design, manufacture, service and support of new transit buses, motor coaches, medium-duty, cutaway buses, and installation of infrastructure for electric vehicles and fiberglass reinforced polymer components. It offers aftermarket parts for transit buses, coaches and medium duty/cutaway buses, both for the Company's and third-party products. It offers a range of sustainable drive systems, including zero-emission electric (trolley, battery, and fuel cell), natural gas, electric hybrid, and clean diesel. The Company's brands include New Flyer (heavy-duty transit buses), MCI (motor coaches), Alexander Dennis Limited (single- and double-deck buses), Plaxton (motor coaches), and ARBOC (low-floor cutaway and medium-duty buses).


TSX:NFI - Post by User

NFI Group Inc
Bullboard Posts
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Comment by johnathamiltonon Nov 07, 2018 9:45pm
254 Views
Post# 28941292

RE:I did warn you guys

RE:I did warn you guys
Hey CC,
I know you've called this correctly - and congrats. But I have to admit that I think you're going more on instinct than anything concrete evidence. The insider selling was mainly by one individual. A couple of others cashed in stock options - so if I were to make the same decision on similar data, I believe, I could just as easily be wrong. (Thank goodness, I followed my 6% rule with my kids' RESP - only lost a few hundred dollars)

- but I do agree with your sense of danger regarding this stock. There's something that smells with this stock and I think those of us who have been around for a couple of cycles are sensing something but just don't have the data.

This type of selling is incredibly damaging to a company's reputation and will take time and consistent success to turn around. Missing consensus estimates by 25% won't fix the stock price.

There's got to be more that is out there but making it to the discussion.

J.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities