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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

Comment by downwithdotcom1on Dec 02, 2021 11:03am
145 Views
Post# 34189970

RE:RE:RE:Closing of Bought Deal Financing

RE:RE:RE:Closing of Bought Deal Financing be very interesting as it will be the participants ie banks in this "bought deal" financing that now get stuck with UNLOADING these shares at a 20% discount..story was completely MIS-READ by those involved thinking that this sudden LUV IN for everything EV was going to work in their favour..yes maybe a little bad luck with the timing and this new COVID varient, but when you have a story of failing to execute, taking on massive debt, against a bad supply chain backdrop this was fodder for the shorters-wow, surprised that 2 analysts on BNN not only dislike the stock but actually declared a SHORTED position tells volumes . What i get from this story is MANAGEMENT IS NOT ALIGNED WITH SHAREHOLDERS..not a good place to be..watch what will happen but not buying even at these levels..dwdc
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