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Bullboard - Stock Discussion Forum 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... see more

TSX:NFI - Post Discussion

NFI Group Inc > What is wrong with NFI
View:
Post by hrgoyal on Nov 12, 2020 9:59am

What is wrong with NFI

Share price is down another 8.5% in early Thursday morning. Results were not bad
Comment by BudFox198777777 on Nov 12, 2020 12:48pm
Don't know. But it's good for me as I want more time to load up at these prices.
Comment by Stuffitnow on Nov 12, 2020 1:41pm
5% div. until that thing doubles up, no problem with that ! Just backed up the truck, half my cash is in, the other half in case it goes to 16$ 
Comment by Arbutus22 on Nov 12, 2020 3:45pm
Back up the truck... absolutely. If anything, the sp run above 18 showed that as soon as confidence returns, that covid is going away or will be managed with a vaccine, transportation stocks will run. NFI, like AC, is a recovery play. NFI is near 60% off its Feb high. Business is improving. Moving more into electric and fuel cell space, which is attractive long term. See little dowsnide risk from ...more  
Comment by MrAcc0untant on Nov 12, 2020 5:03pm
Only reason I see today's dump is Manitoba (their Headquarters) going into lockdown. Out of so many manufacturing facilities, only one is in Manitoba. So such a sharp decline is just uncalled for unless there is something we are missing. Volume today is way above average which is another bad sign. Guess someone sold all their shares in NFI to buy Bitcoin LOL. Btw, Bitcoin covered my 2 years of ...more  
Comment by Arbutus22 on Nov 12, 2020 6:07pm
MB is symbolic of rest of world dealing with covid. Most of market down today owing to Powell's comments about recovery - https://www.wsj.com/articles/fed-chair-powell-says-rising-virus-cases-could-challenge-economic-recovery-11605201548. This is most likely the cause of NFI dropping; minor stampede for the exits today. Buying Bitcoin ... what do you think of NetCents Technology?
NFI Group Inc