Join today and have your say! It’s FREE!

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.
Please Try Again
{{ error }}
By providing my email, I consent to receiving investment related electronic messages from Stockhouse.

or

Sign In

Please Try Again
{{ error }}
Password Hint : {{passwordHint}}
Forgot Password?

or

Please Try Again {{ error }}

Send my password

SUCCESS
An email was sent with password retrieval instructions. Please go to the link in the email message to retrieve your password.

Become a member today, It's free!

We will not release or resell your information to third parties without your permission.

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
Post by thinkyourmoneyon Jan 28, 2014 11:49am
340 Views
Post# 22142431

A couple of things

A couple of things

First ... Morningstar stated 1/24 that the fair market price for this stock is $9.55.  We are headed in that direction.

Second...the next generation of vehicles will be designed using aluminum.  Obama has declared new vehicles must burn less gas so like airplanes ... if you want to burn less fuel make the machine lighter.  Who will be moulding these aluminum parts?  Martinrea...they already have the processes ready for the 2015 model year when this concept will be for sale.

With this auditing and legal wrangling out of the way all should be clear for this company to make some real money and the SP should start to match industry P/Es and multiples. 

Bullboard Posts