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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
Post by JakubBullon Mar 03, 2015 2:08pm
187 Views
Post# 23484746

12% Breakout - Hold on!

12% Breakout - Hold on!

Such a nice breakout today 12%, I picked this one up back at 9.50$ have held it since and will continue to hold it through the earnings on March 19th.  I believe earnings will beat forecasts due to the tailwind generated by CDN manufacturing costs, while 30% US revenues and 20% Euro revenues (correct me if im wrong about the us/euro division its from what I last recall when picking this up).

 

If earnings are killer expect a new high !

Bullboard Posts