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
Comment by zalmonellaon Jun 17, 2016 12:27pm
121 Views
Post# 24974705

RE:Analyst Recommendation

RE:Analyst RecommendationThing is, the analysts never say is 'over what timeline'.  I keep looking at the long chart and seeing the Q3 dip every year, I see the Christmas dip this year is lower than 2015, I wonder whether the Q3 dip will be lower as well; then I look at the analysts' recommendations (and most of them do indeed say some variation of what you've repeated), and then I ask myself "but what are they thinking?".

I've tried to learn not to buck the trend - I wasted two years with T.AD when it went through its troubles and only recently came back above water, and all the while, most of the analysts were saying exactly the same thing - "Good company, expect more next year" and only one mentioned the troubles they were going through valuing one of their mishaps. My consolation was that I was being paid 5% divvy to wait around.  No such luck with MRE.

My DD says this is a good company, but it's apparent Mr. Market does not currently agree with me, nor is the divvy paying much to hang around.  Unless this temporary slump has been due to Brexit fears (and now with yesterday's tragedy, perhaps that will be put to rest, if not next week), I think it's time to find a good day and let this one go for now. 

I don't seriously expect to find it at $5, but maybe on a bad day....   and I'll continue watching.

Thank you for helping me straighten my thinking out.  Ever consider a career as a psychologist?
Bullboard Posts