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Bullboard - Stock Discussion Forum 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... see more

TSX:NFI - Post Discussion

NFI Group Inc > Things are getting easier for NFI
View:
Post by classicact on Dec 23, 2020 9:15pm

Things are getting easier for NFI

NFI sounds very confident going into the new year in thier own right, add in the EV hype running rampant throughout global markets and you know we got something special here.

https://www.nfigroup.com/2020/12/23/nfi-group-announces-amendments-to-its-credit-facilities/
Comment by classicact on Dec 23, 2020 9:21pm
Meaning COVID is moving to the rear view mirror for NFI financially.
Comment by risky on Dec 24, 2020 7:59am
yea and I missed a buying opportunity at 24,00 yesterday, and didn;t try harder...big mistake. Will try and get some shares today. 
Comment by Arbutus22 on Dec 25, 2020 6:26pm
Agreed classicact. Unusually confident I would say. Specifically, per the press release: cancelled 250m unsecured credit facility owing to strong liquidity; bankers relaxed financial covenants related to other loans (reading into this: bankers are sufficiently confident going forward of NFI's ability to make payments); and CFO said this, "We anticipate stronger cash flow generation and ...more  
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