I haven't seen anything on NFI group here. I do have a position that was acquired in November. Up 65% since then.
Today they released guidance up to 2025. The growth estimates are ambition going from 2.9B to 4.1B in a matter of a few years. That being said it's a company that has a long successful track record.
The highlight being its ZEB (electric) revenue as a percentage of manufacturing sales line item. Obviously this area right now has seen significant positive investor sentiment, some would say even overblown.
The reason I choose NFI to begin with though was for its entrance into that area. It's not some speculative carmaker or battery marker with no history. Metro transit is already an established business segment and will continue to be in Canada due to our poor train infrastructure. It seemed like a safer pick to me at the time.
Take your own time to look and read the financial statements. I thought id bring this forward since I don't see it anywhere.
Looks like they will be focused on Zero-emission buses going forward and the stock is starting to run. Smart move.
Highlights from NFI's Investor Day include:
- reaffirmed NFI's 2020 financial guidance for Adjusted EBITDA of $145 million to $155 million ;
- unveiled 2021 financial guidance with an Adjusted EBITDA range $220 million to $240 million (implying a year-over-year improvement of over 50%);
- announced longer-term targets for 2025 including Adjusted EBITDA of $400 million to $450 million and a Return on Invested Capital ("ROIC") target above 12%;
- outlined NFI's strategic plan to lead the transition to ZEBs, including a target that 35% to 40% of NFI's manufacturing revenue will come from the sale of ZEBs by 2025;
- a detailed update regarding NFI's Environmental, Social, Governance ("ESG") program, including the environmental and social benefits of NFI's products and the Company's internal ESG performance metrics;
- a thorough review of the transformational "NFI Forward" initiative, which is expected to generate approximately $65 million of annualized savings in 2023 and an additional approximate $10 million of positive Free Cash Flow benefits through permanent reductions in NFI's fixed costs; and
- a panel discussion that explored the impacts of COVID-19 on public transit, increased government support for ZEBs in Canada , the United States and the United Kingdom , and the opportunities and challenges of the transition to zero-emission vehicles.
https://preview.redd.it/ccffw3d3im681.png?width=722&format=png&auto=webp&s=24faa5b9f6bc28eceb35efb041161302a4227c5e
Hiya peeps,
I thought I'd write up a little piece about warnings that I look out for in companies – 'red flags' if you will. These are issues I've seen in my few years of investing that make me look a little deeper into the company to assess risk.
Finding a red flag in a company doesn't necessarily render the investment as 'bad'. However, I've often found other governance concerns when digging a little deeper. These red flags are not always waved in your face, some are easier than others to spot – this is our job when diligently following companies to assess risk profile. Although undesirable when they appear in long term investments, these red flags can also land the company in a trading suspension, locking trader's capital away.
I've provided a few examples of companies below that I see displaying red flags.
I'm not recommending you sell (or buy, for that matter autists) any of the companies mentioned. I'm simply suggesting that when you spot a red flag, it can warrant further investigation.
When you see more red flags associated with a company than in a North Korean parade, take your money and run…
Usual disclaimers: NFA, DYOR, IMO, NFI.
So, what are some red flags we should be looking out for?
Red flag 1: A company fails to disclose information in a timely manner (or at all)
The most important requirement of listed companies on the ASX is 'continuous disclosure': timely and accurate release of information to the market that may be expected to have an impact on its share price or value.
Sounds simple right?
ASX publishes a 90-page guidance doc that can help with interpreting disclosure rules.
Quite simply, investors in a company expect (and have a right) to know about information that can (or will) affect the value of their shares. Without full and timely disclosure, the integrity of the whole market suffers (i.e. it becomes an uneven playing field).
If the company doesn't disclose information, how would we even know about it?
Sometimes it gets found out through later announcements, where the timing or sequence of events doesn't quite line up, or the company has twisted it's tales into a knot that can't be undone easily. Information can also be extracted from the company through an ASX query (as in our example below).
*Example
... keep reading on reddit ➡Digibyte 2021 Year in Recap
Lots of things happened in crypto during 2021. NFTs went mainstream, Bitcoin is now a recognized currency thanks to El Salvador, and China banned Bitcoin for the 143rd time.
But I want to take a look at Digibyte specifically. Take a look at the progress, partnerships, companies building on DGB and more. I'm going to try my best to keep these things in chronological order.
- January 10th - Digibyte Turns 7 years old, and it's claim as the longest UTXO blockchain continues to grow.
https://twitter.com/DigiByteCoin/status/1348297809406017539?t=3cZxOP79s6yDLazrJjBK-A&s=19
- January 11th - SimplexCC adds Digibyte to their platform. This is an EU licensed financial institution with a Visa partnership.
https://twitter.com/DigiByteCoin/status/1348637421727055873?t=brTo4UekRmr5nl-hyPNcfw&s=19
- January 15th - DigiAssetX.com brings us a very useful tool in DigiSweep.
https://twitter.com/digiassetX/status/1350178206092038144?t=o9xup4QOpdWpNCQxUfNfFg&s=19
- January 18th - StealthX.io lists Digibyte on their platform for quick and easy DGB swaps and exchanges.
https://twitter.com/StealthEX_io/status/1351150339240714241?t=505QxLFaNN-ghzvathe_og&s=19
- January 21st - Klever.io writes an in depth article discussing Digibyte and their partnership with Digibyte.
https://twitter.com/mishalederman/status/1352316027938484227?t=WhmTgGnQCbuC9VbZRE1FIw&s=19
- Souljaboy buys Digibyte and Tweets about it 😁
https://twitter.com/souljaboy/status/1352677013077647362?t=dfO_m7vgbk3NZd1ZmXFbxw&s=19
- January 23rd - BoxWallet adds Digibyte to its platform, allowing simple and quick setup of a Digibyte Node.
https://twitter.com/box_wallet/status/1353098896533286913?t=85oBBUnI8zP1CevZFV9wEA&s=19
- January 23rd - AntumID continues to utilize Digibyte's DigiID technology, and releases their new MyDigiPassword.
https://twitter.com/ANTUMID/status/1352862969919635467?t=yJMykVOUIkhLtSSBGMeG6A&s=19
- January 23rd - Humbl adds Digibyte to their "Block" ETFs.
https://twitter.com/DGBHodlers/status/1353037191107244032?t=zuZMsDRQkc8qFAkEsnONzw&s=19
- January 25th - ZelaaPayAE adds Digibyte to their debit card offerings. This is after they had already included Digibyte at ALL PoS's throughout the middle east.
https://twitter.com/zelaapay/status/1353793440396439552?t=sQRMHuYgK3lj12IAzdTu-Q&s=19
- February 2nd - Souljaboy, Bittrex, and others react to an NFT created
Do your worst!
It really does, I swear!
For context I'm a Refuse Driver (Garbage man) & today I was on food waste. After I'd tipped I was checking the wagon for any defects when I spotted a lone pea balanced on the lifts.
I said "hey look, an escaPEA"
No one near me but it didn't half make me laugh for a good hour or so!
Edit: I can't believe how much this has blown up. Thank you everyone I've had a blast reading through the replies 😂
(This post dedicated to putting the hours of my life I have wasted into something. Yes this is a post made by and for clowns, no do not attack anyone involved in this please. If you'd like to read this on google docs (includes extra parts I had to cut to meet word count), see here.)
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Picture this. You’re scrolling through bat*to, looking for something to read, and by chance you happen across this series in the ‘popular’ tab. But wait, something’s off. It’s marked as Japanese and claims to be licensed, but the series looks incredibly amateurish, lineart messy and all. How in the world is this trending with hundreds of thousands of views?!
That might pique your curiosity enough to do some googling about the names. ‘Fujima kunisada’, ‘Kegan bryson’, ‘Contender Cody’, ‘Cryptoverse’, ‘kouchumisako’. And oops, before you know it, you’ve fallen down the rabbit hole.
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Part 1: Despite popular belief, Cryptoverse is not a Japanese series
1.1. Establishing (supposedly) Japanese claims
If we start at the bat*to page, it claims to be a Japanese series. If you check the edit history, the page was created by user kouchumisako and tagged as ‘Japanese’, and also reverted back to Japanese by him after a mod changed it to English. Clearly, kouchumisako here wants readers to think the series is Japanese.
If you search around, you’ll also find the series on Mangadex. And, just like the bat*to series, it’s been changed from Japanese (November 2) to English (November 9) and later back to Japanese (November 27), this time (likely) by the main uploader, 36u6soa.
The Mangadex guy uploads chapters to his group ‘Cryptoline Scans’ on Mangadex. (Bato group never got approved lmao, but here it is.) The discord in
... keep reading on reddit ➡They’re on standbi
Buenosdillas
Warmest greetings, share market casino enthusiasts! I'd like to start with a personal shoutout to the small but certainly very enthusiastic 75 of you who continue to upvote this series and provide comments etc. Knowing that approximately 0.001% of the sub’s membership enjoy this series is enough to keep me going, grateful as I am for small mercies. I am, as per Uriah Heep, ever so humble.
How are you going with your dog stocks anyway? I’ve recently invested in some dog stock myself, which is to say that I got an actual dog, and this morning that dog both peed and took a dump on my living room floor. Given that dogs these days aren’t cheap, I’d describe a freshly laid turd as a very poor ROI indeed, and my affection for said dog reached a 52 week low just before 6am today when this all went down.
At least I didn’t tread in it, which is a better result than my buying into VUL at $14.78.
Which brings me neatly to the subject of today’s instalment of my long-running and somewhat acclaimed series, in which we’ll take a look at small cap companies that also shat all over the trading room floor today by reaching their 52 week lows.
I’m fine with my stuff being chewed and my floors being redecorated. Should I get a dog?
I am going to give you the same sort of dog buying advice as I do financial advice, which is to say not at all. If you get a dog and it disrespects your floor coverings in the early hours of the day, that’s nothing to do with me. Similarly, if you buy a dog stock and it disrespects your portfolio just after 4pm, take it up with Barry or ring ASIC about it or post on HotCopper or take it out the back and shoot it if you must, but it’s also not my problem. Don’t rely or act on anything I say. DYOR NFI DOGGO.
Today’s doggiest of dog stocks
The parameters of today’s Labrador puppy frolic through the small cap tulip fields are simple: I will take a look at small cap companies that hit their 52 week trading low today, except for the ones that I can’t find anything interesting about.
First up is 4DS Memory Ltd (4DS), which today dropped 12.68% to reach its 52 week low. There seems to be a bit of a story behind this, as the company resumed trading today after a trading halt in early October followed by a voluntary suspension, and it seems that whatever caused all that made a lot of people very unhappy.
Working out what that was though
... keep reading on reddit ➡
Pilot on me!!
Dad jokes are supposed to be jokes you can tell a kid and they will understand it and find it funny.
This sub is mostly just NSFW puns now.
If it needs a NSFW tag it's not a dad joke. There should just be a NSFW puns subreddit for that.
Edit* I'm not replying any longer and turning off notifications but to all those that say "no one cares", there sure are a lot of you arguing about it. Maybe I'm wrong but you people don't need to be rude about it. If you really don't care, don't comment.
I won't be doing that today!
Current head of Oxfam India, Behra, is treasurer of NGO of Soros employee Harsh Mander,whose carehomes "unknowingly" employed wives of top Maoists.
From wiki:
>Quakers are people who belong to a historically Protestant Christian set of denominations known formally as the Religious Society of Friends.[2] Members of these movements are generally united by a belief in each human's ability to experience the light within or see "that of God in every one".Some 89 per cent of Quakers worldwide belong to "evangelical" and "programmed" branches,
>
>The proto-evangelical Christian movement known as Quakerism arose in mid-17th-century England from the Legatine-Arians and other dissenting Protestant groups breaking with the established Church of England.[14] The Quakers, especially the Valiant Sixty, sought to convert others by travelling through Britain and overseas preaching the Gospel. Some early Quaker ministers were women.[15] They based their message on a belief that "Christ has come to teach his people himself," stressing direct relations with God through Jesus Christ and direct belief in the universal priesthood of all believers.[16]
>
>Following the Christian revivals in the mid-19th century, Friends in Great Britain sought also to start missionary activity overseas. The first missionaries were sent to Benares (Varanasi), in India, in 1866. The Friends Foreign Mission Association was formed in 1868 and sent missionaries to Madhya Pradesh, India, forming what is now the Mid-India Yearly Meeting. Later it spread to Madagascar from 1867, China from 1896, Sri Lanka from 1896, and Pemba Island from 1897.[
https://en.wikipedia.org/wiki/Quakers#Missions_to_Asia_and_Africa
>Founded at 17 Broad Street, Oxford, as the Oxford Committee for Famine Relief by a group of Quakers, social activists, and Oxford academics in 1942 and registered in accordance with UK law in 1943, the original Oxford Committee for Famine Relief was a group of concerned citizens including Henry Gillett (a prominent local Quaker), Theodore Richard Milford, Gilbert Murray and his wife Mary, Cecil Jackson-Cole and Alan Pim. The Committee met in the Old Library of University Church of St Mary the Virgin, Oxford, for the first time in 1942, and its aim was to help starving citizens of occupied Greece, a famine caused by the Axis occupation of Greece and Allied naval blockades and to persuade
... keep reading on reddit ➡
https://hindupost.in/politics/he-who-pays-the-piper-calls-the-tune-the-arvind-kejriwal-saga/
Let us look at the Ford Foundation’s kripa in Bharat.
Click on http://www.fordfoundation.org/grants/search. Open “Regions” and select “India, Nepal and Sri Lanka”. Continue down (below “Regions”) and tick “Include Non-Initiative Grants”. You’ll get a list of 320 grantees.
Even a cursory look will impress with the rivers of money that the Ford Foundation is pouring into the organizations it favours in our country.
I’ve picked just a few grantees, mainly connected in some way or other with this so-called “civil society war against corruption” and primarily from the FF-funded initiative in “Promoting Transparent, Effective and Accountable Government” and “Strengthening Civil Society”. There are some others too but, really, the entire list merits study, especially the FF interest in tribal communities and areas (where, as it happens, there is a powerful Christian conversion apparatus at work).
1. AMAN Public Charitable Trust $450,000 (2008, 2010)
(It gets influential Bharatiya and foreign support)
2. Centre for Budget Governance and Accountability (CBGA) $650,000 (2007, 2010)
(Governing Board includes Sandeep Dikshit, MP, who was active in the negotiations to get Hazare back to the dining table – http://www.cbgaindia.org/about_board.php).
3. Centre for Communication and Development Studies (CCDS) $480,000 (2007, 2010)
(Headed by John Samuel, with links to National Centre for Advocacy Studies. He has helped to establish more than 10 organisations and networks at the national and international l
... keep reading on reddit ➡You take away their little brooms
This morning, my 4 year old daughter.
Daughter: I'm hungry
Me: nerves building, smile widening
Me: Hi hungry, I'm dad.
She had no idea what was going on but I finally did it.
Thank you all for listening.
There hasn't been a post all year!
I'm surprised it hasn't decade.
When I got home, they were still there.
What did 0 say to 8 ?
" Nice Belt "
So What did 3 say to 8 ?
" Hey, you two stop making out "
