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NFI Group Inc T.NFI

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

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

Post by sunshine7on Nov 16, 2021 11:15pm
405 Views
Post# 34134716

No pain no gain....

No pain no gain....It was unfortunate 2 years with covid then supply chain issues but NFI needed to shore up the balance sheet to take advantage of the EV opportunities coming their way. Potential customers need to know that their vendor is in strong financial condition before committing. Then they need to have the flexibility to invest in their business growth. This was not possible without the moves they made. Call it one step back then 2 steps forward or a necessary evil. May take a while for significant results, but if you are looking for a bottom and willing to hold 2 years, we may be there this week IMO.
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