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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 Possibleidiot01on Mar 10, 2021 4:52pm
99 Views
Post# 32765583

RE:Growth

RE:GrowthI agree with you ; fewer pipelines built in the future which might mean more work maintaining the existing ones but overall the legacy business is not a growth story as the business rationalization , closing of plants shows.
I think I said quite awhile back that the company was guiding us towards results improving starting with Q1 results his year .  I don't expect great numbers  and no dividend ; I would expect for us to see how they will use some of the cash.
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