1. Exit Case: NFI Group Inc. 

Overview:

NFI Group Inc. (TSX: NFI) is a Canadian automobile manufacturer. The company organizes itself into two segments: Manufacturing operations, and Aftermarket operations. Manufacturing operations, which represents more than half of the company's revenue, includes the manufacture of transit buses for public transportation, and motor coaches. Aftermarket operations include spare parts and servicing related to transit buses and motor coaches.

NFI has been a part of the ‘Value Portfolio’ since 27 June 2025, however, considering decent rally in the share price of the stock, an ‘Exit’ is recommended from the stock at the price of CAD 19.68, as on 25^th July 2025.  

1.1 Support and Resistance Summary as provided in our last published report dated 27 June 2025.

NFI Group Inc.

2. New Entry Case: Dollarama Inc. 

Overview:  

Dollarama Inc. (TSX: DOL) is a Canada-based company principally engaged in operating discount retail stores. The company provides a broad range of everyday consumer products, general merchandise, and seasonal items, with merchandise at low fixed price points. General merchandise and consumer products jointly account for the majority of the company's product offerings. The company's stores are throughout Canada, generally located in convenient locations, such as metropolitan areas, midsize cities, and small towns. All the stores are owned and operated by the company.

Technical Analysis: On the daily chart, DOL prices are trading above a trendline, indicating positive momentum. The 14-period Relative Strength Index (RSI) stands at approximately 47.28, reflecting a buying interest. Additionally, prices are positioned above the 20-period Simple Moving Average (SMA), which could serve as a support level. The key support for stock is at CAD 160.47, while the critical resistance level is at CAD 220.18. 

Considering the above mentioned factors, technical analysis, support & resistance levels, an ‘Entry’ is recommended in the ‘Value Portfolio’ at the closing market price of CAD 186.59, as on 25^th July 2025. 

2.1 Support and Resistance Summary (as on 25^th July 2025)

2.2 Dollarama Inc. (TSX: DOL)

Note 1: Past performance is neither an Indicator nor a guarantee of future performance.

Note 2: The reference date for all price data, and currency as of (25^th July 2025). The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings.

Disclaimer

This information should not be relied upon as personal financial advice by Kalkine on (i) the stocks or (ii) the use or suitability of the model portfolios. Only an investor knows about their circumstances to make an investment decision.

Model Portfolio has been prepared for illustrative purpose only and does not take into account the objectives, financial situation or needs of any particular investor. Accordingly, investors should, before acting on the information, consider its appropriateness, having regard to their objectives, financial situation and needs. Past performance is not necessarily indicative of future performance results. Actual investment returns will vary, and the value of investments can go up or down.