Q: Looks like NFI has a floor around this level. Think this would the time to start a position?
5i Research Answer:
NFI has settled in somewhat, but it still has significant balance sheet and economic risks. Debt is very very high. It could be impacted by tariffs. It is expected to make 72c a share this year. If it can execute the stock will do well. But it had negative cash flow last year and is highly economically sensisitive. We would not have huge confidence in it right now, considering the economic outlook, its size, debt, tariffs and other factors.