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Mattr Corp T.MATR

Alternate Symbol(s):  MTTRF

Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection Technologies. Composite Technologies segment consist of two operating units: the Xerxes business, which manufactures fiberglass reinforced plastic underground storage tanks primarily for the retail fuel, storm water and wastewater markets; and the FlexPipe business, which manufactures flexible fiberglass reinforced composite pipe used for oil and gas gathering and water disposal lines and carbon dioxide injection lines. Connection Technologies segment supplies specialty wire and cable and integrated heat shrink solutions.


TSX:MATR - Post by User

Comment by longrun86on Aug 15, 2023 11:21am
161 Views
Post# 35589039

RE:early reactions

RE:early reactionsAnalysts are funny. You look back two years ago and it was so clear that the Company was trading well below a fair price and these same analysts would have like $8 price targets on the stock.

Happy to see this has worked out for everyone. There could be further upside; however, as I mentioned when I first bought into the Company, I would be a seller between $18 and $22.

Good luck to everyone, and remember.... analysts have a very short term view. If you find a situation (especially in a cyclical industry) where you feel analysts aren't looking at the full picture, you can look past their short term views and make your own decisions!

LR
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