Mattr Corp T.MATR

Alternate Symbol(s): MTTRF

Consumer Cyclical Home Furnishings & Fixtures

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.

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Mattr Corp > Reaches

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Comment by BlueJay2020on Feb 09, 2021 10:02pm

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Post# 32521255

RE:Reaches

I think that's pretty unlikely to be honest, mainly because of the negative sentiment towards oil and gas, which is unlikely to get better from here. That is going to cause multiple contraction no matter how how profitable the business is. However, that's OK (as long as you didn't buy at $25!).

I started buying this at a buck fifty and have been in and out of the stock, and I now have a cost base of about $3.25. I'd like to see the stock get into double figures and I think that is a realistic target. That would be a triple for me, and quite sufficient. If that happened, I would have greatly exceeded my usual cap on individual stock holdings, so couldn't hold beyond that...