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TSE:NFI
This summary was created by AI, based on 6 opinions in the last 12 months.
New Flyer Industries Inc. (NFI-T) is currently viewed as a compelling investment opportunity, with experts noting a full order backlog and controlled supply chain issues. While the company has faced challenges such as battery recalls and supply shortages, these are viewed as transient problems. Analysts express confidence that stronger profitability is on the horizon as demand for their products grows. Additionally, the reduction in competition from peers that have exited the market has improved pricing power. Although the company does not offer a dividend currently, there is hope it may be reinstated in the coming years. Overall, investors are encouraged to be patient as the stock price is deemed lower than it should be, particularly in light of its essential service nature.
Negative run. Production and operational issues. Down here, a lot of the bad news is in. Balance sheet needs a little bit of work. Strong product line. Gone from a darling to a dog, and that's when he starts looking. Still not cheap on today's valuation, as they're coming off losses. Lots of potential to drive sales, lots of demand for the product. He's taken a small position and will watch the next couple of quarters.
On a longer term chart, you can see what's going on. A falling knife. Longer term, consistent down trend. Avoid. He loves industrials, but you want the ones with charts up and to the right. NFI is not along for the ride, and when you see that much of a divergence, it's a big warning flag. See his Top Picks.
Fantastically run business. Covid shortages hurt, weren't able to deliver buses, so inventory built up, stressed the balance sheet. Demand is great, but they can't supply. Looking to renegotiate debt. At cusp of supply challenges easing and turning around. Watch the next couple of months. Reports next week.