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Bullboard - Stock Discussion Forum 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... see more

TSX:MRE - Post Discussion

Martinrea International Inc > Great financial report !
View:
Post by bossu on Nov 11, 2020 5:25pm

Great financial report !

When I saw the MG and LNR result this morning and the 16% gain for LNR I took a position at noon today.The MRE results and a dividend instalment is a good mix.
Probabbly a 10% plus to-morrow.
Note a ''Blind shot'' ....!!!!
Comment by MoneyGuy101 on Nov 12, 2020 1:19am
I completely agree, the share price does not come close to reflecting the recent financials and expected financials for next quarter. The SP most Definitely will jump huge tomorrow. 
Comment by bossu on Nov 12, 2020 8:22am
Just to add some ''gas''on the flame:s A big upgrade from different analysts ! From the Globe and Mail : Raymond James analyst Michael Glen sees a “favourable backdrop” for Martinrea International Inc. ( increase. In a research note released Thursday, Mr. Glen raised his financial expectations for the Vaughan, Ont.-based auto parts manufacturer after its third ...more  
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