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).

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NFI Group Inc > Issuing at $29 and $24

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Comment by ferret_caon Mar 10, 2022 11:52am

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Post# 34503306

RE:Issuing at $29 and $24

this was one good thing nfi did, they raised capital at 29 and 24, would you rather they did it a t 14???? wtf? if they hadn't it would now be a sub 10 buck stock with probably insurmountable debt. their debt is bad enough as it is.

I don't own this one but am watching it and other posters are right imho when they say to wait to buy, this will drift for a while and probably downwards in this volatile market, cash on the sidelines will buy quality companies with solid financials, not turn around stories or show me stories like this one is now.

cheers ferret

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