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Mattr Corp T.MATR

Alternate Symbol(s):  MTTRF

Mattr Corp., formerly Shawcor Ltd., is a global material technology company serving critical infrastructure markets, including electrification, transportation, communication, water management and energy. The Company operates through a network of fixed and mobile manufacturing and service facilities. The Company operates through two business segments: Composite Technologies and Connection Technologies. Composite Technologies segment consist of two operating units: the Xerxes business, which manufactures fiberglass reinforced plastic underground storage tanks primarily for the retail fuel, storm water and wastewater markets; and the FlexPipe business, which manufactures flexible fiberglass reinforced composite pipe used for oil and gas gathering and water disposal lines and carbon dioxide injection lines. Connection Technologies segment supplies specialty wire and cable and integrated heat shrink solutions.


TSX:MATR - Post by User

Comment by BlueJay2020on Feb 02, 2021 4:10pm
129 Views
Post# 32449724

RE:RE:Quiet period

RE:RE:Quiet periodTotally agree.  The only positive thing I can think of in initiating a dividend would be it might forces some dividend funds to add Shawcor - however, pretty sure market cap is far too small at the moment to trigger anything.  Plenty of time to restart a dividend when we have a market cap of $1B.

Sabatooth wrote: If you care about this company, a divident is the last thing you want right now. Clean up the balance sheet and finish pivoting the business model. I'd rather them take that 100m and buy something in the EV supply chain. They need to pivot away from a market reputation as just a oil services company.

disclaimer: holding 30k+ long




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