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 > TSX Down 350, DOW Down over 900, NFI in the GREEN

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Comment by RayDonovan78on Dec 15, 2022 4:49pm

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Post# 35174369

RE:RE:TSX Down 350, DOW Down over 900, NFI in the GREEN

I have no doubt they will get there refinancing. NFI is not an over hyped tech stock or a Covid pump and dump stock. NFI is a real company that is in demand and continue to get substancial orders. Most banks will not move in on them at this point because they are still selling busses. To move in on them costs money and is a logistic nightmare with a ton of Lawyers and paperwork

WizardFuture wrote: I dunno, but I had the feeling in the past weeks that NFI was up on red days and down on green days. To be honest, I think the shorts are leading the show now.

They're vultures thinking NFI can't refinance.

I think they are wrong. We'll see...

I think we won't have a bottom until the debt and the covenants situation is clear. The new contracts are profitable. Legacy contracts will not be profitable, but they're almost done with them.