Bullboard - Stock Discussion Forum NFI Group Inc T.NFI

Alternate Symbol(s): T.NFI.DB | NFYEF

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NFI Group Inc. is a Canada-based independent global bus manufacturer. The Company provides a suite of mass transportation solutions under brands: New Flyer (heavy-duty transit buses), Alexander Dennis (AD) (single and double-deck buses), Plaxton (motor coaches), MCI (motor coaches), ARBOC (low-floor cutaway and medium-duty buses) and NFI Parts (aftermarket parts sales). It operates through two... see more

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TSX:NFI - Post Discussion

NFI Group Inc > Free Fall

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Post by RusticHit on Oct 24, 2022 3:19pm

Free Fall

OOhh No what a water fall 7.50--8 bottom

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Comment by rob1237 on Oct 24, 2022 4:27pm

Stock sold off %18 because of concerns of a possible capital raise which would dilute the share holders. What else is new. I bought a 100 shares today. I will trend follow. Looks really bad. I followed LEV Lion electric and it's down to around $4 a share but I never bought. . Any serious market correction and these kinds stocks get really hurt. I think this company is fantastic. Just the ...more

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Comment by NewfNewf on Oct 25, 2022 10:42am

It probably reaches into the 5's eventually on major dilution to existing shareholders. Hopefully the federal government doesn't acknowledge their their corporate welfare request. I will patiently wait to see what happens.

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Comment by WizardFuture on Oct 25, 2022 11:08am

$5 lol? Without supply chain issues, this is a $400M EBITDA company, you're dreaming.

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Comment by NewfNewf on Oct 25, 2022 11:15am

Lets see how this plays out since there are financial problems here that need to get resolved by the market. it won't be pretty for existing shareholders unfortunately.

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NFI Group Inc