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TSE:NFI

New Flyer Industries Inc. (NFI.TO)

22.69
-0.09 (0.40%)
as of Jun 19, 2026, 8:00:00 pm Market Open.
378 watching
0
BUY
Likes the bus business. Management has focused on fixing bottlenecks in the manufacturing area and margins should go up. Current bus fleets are getting older and need to be replaced. Has some very competitive products. Good yield.
BUY
A top 3 municipal bus manufacturer in North America. Difficult to make a call on future growth because it depends on different governments that are short of cash. However backlog looks very healthy.
BUY
Continues to like them. Just signed a big contract with the City of New York. The backlog is the largest he has ever seen it.
TOP PICK
Manufactures 40% of all the urban buses in North America. Very good cost structure and had a very good quarter. Buses need to be replaced and US has put up big subsidies to their cities and people are going green. Huge order backlog. 10.9% yield.
BUY
Very solid yield at about 11.5%. Payout ratio in the mid-to upper 70%s. Not an income trust but an income deposit security, which means part of the return, is in interest and part is in dividends so it won't be impacted at all by the tax changes. Order backlog has improved again and is now about 3 years.
BUY
Transit buses. About 11.5% yield. Still looking for growth in this trust because they have a backlog of about $3 billion, about 4 years of production.
HOLD
Worth holding on to this stock. Just got contracts. Budgets are tight in the US so this could delay some contracts for bus replacement in US cities. Shorter term there is some challenge, but medium to long term they will do just fine. Might way until it goes lower to get in.
TOP PICK
City transit buses across North America. Not actually a trust but an income deposit security. 12.25% yield. Stock dropped when they announced a slight decrease in their backlog order but it is still over 3 years long. Looking for slow, steady growth.
COMMENT
Leveraged to the bus industry. Because public transport is becoming more important, they should do quite well. Most of their customers are governments, which are subject to local politics and budgets. Should do reasonably well. Wouldn't want to hold it or a long-term.
BUY
Had a couple of difficult quarters. Manufactures almost 45% of the buses in North America and there is a huge government subsidy program for US cities. A couple of cities cancelled orders, which hurt them more than expected but the last quarter was very good. Likes the new management.
PAST TOP PICK
(A Top Pick Jan 28/09. Up 12.71%.) Reduced his holdings but at this point, would be a cautious buyer.
HOLD
(Market Call Minute.) Building buses is a tough business involving unions.
WEAK BUY
Public transportation should benefit from infrastructure spending. Eventually bus fleets will be replaced with more fuel-efficient vehicles. Long term you could be ok.
PAST TOP PICK
(A Top Pick Dec 19/08. Up 23.6% excluding the $1.17 distributions.) Ran into some problems in the 2nd quarter but solve them in the 3rd. Have a backlog of about 4 years. You would of almost 12%.
BUY
Urban bus manufacturer. Facilities in Winnipeg and Minnesota. Has dominant market share and winning a fair share of new orders. New CEO is very impressive. Generates a lot of cash flow. Almost 12% yield should be sustainable.
Showing 406 to 420 of 446 entries