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Martinrea International Inc T.MRE

Alternate Symbol(s):  MRETF

Martinrea International Inc. is a Canada-based diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added lightweight structures and propulsion systems. The Company’s offerings include a range of products, assemblies and systems for small and large cars, crossovers, pickups and sport utility vehicles. The Company's operations are segmented on a geographic basis between North America, Europe and Rest of the World. The Company's solutions include lightweight structures, propulsion systems, flexible manufacturing, and graphene technology. Its lightweight structure products include complex assemblies and exterior trim. Its flexible manufacturing products include bus frame assemblies and front vertical corner modules. Its graphene products include graphene and nylon coated brake lines and electric vehicle batteries enhanced with graphene. It operates in around 59 countries, such as Canada, the United States and Mexico.


TSX:MRE - Post by User

Bullboard Posts
Comment by thinkyourmoneyon Jan 08, 2014 2:50pm
374 Views
Post# 22070786

RE:RE:Morningstar Fair Value Estimate

RE:RE:Morningstar Fair Value EstimateMorningstar puts these estimates out prolifically.  They are ad hoc.  When the legal action and production issues are settled I am sure that the estimate will change very shortly thereafter.  So the short answer to your question is no.  I am in this one to ride it out until these issues are solved or someone takes advantage and buys it out while it is so cheap.  That may be in the works as well over 20% of the stock changed hands in December of 2013 with 8% - 10% of the stock being traded on some days.  Once all issues are resolved and this business just gets back to business I think the posting on this bullboard address where the SP can go.   
Bullboard Posts