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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 > What's not to like ?
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Post by forkliftguy on May 05, 2023 1:56pm

What's not to like ?

I thought the current results were pretty good .    I like that Martinrea has a relatively low number of shares ourstanding  especially compared to their almost 5 billion dollars of  annual sales  . Add to that , they are very profitable .Their debt level looks manageable .  As of this morning , I had a one third position in the company . I bought another third around  $12.20 late this morning ,  With all the the electric vehicles to be bought this decade , to me the future looks very bright for Martinrea . One of the real bargains on the Toronto Stock Exchange .   Just one retired salesman's opinion .
Comment by Odinson on May 05, 2023 2:56pm
Difficult to figure this one. Decent report, yet apparently some are unhappy.
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