RE:RE:RE:New Flyer - additional 110 buses ordered for WashingtonLook it this way.
1.The total market cap of BUS is 25M only.
2. It has about 500 (not sure) Bus on Road
3. It has about 200 Bus on order book
4. BUS is approved manufacturer of bus in their size and put a bid for every tender against NFI
Just to kill this competition and take over the part/service for 500 buses and oredr on the books is worth $100M for NFI in my opinion.
BUS is not going to go down without fighting. They will be profitable even if they supply 100 buses every year.
ratsnake220 wrote: some people dont understand their are no assets to buy from gwt....so no need to take them over....they have a sales office they rent in Aldergrove.....The do no manufacturing themselves.....and delegate the mfg aspect to Spartan and the China company which they do not own......Nfi have their own mfg plants....They own their own building.....So what can GWT offer them.....A few employeees?