Mattr Corp T.MATR

Alternate Symbol(s): MTTRF

Energy Oil & Gas Equipment & Services

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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Comment by BlueJay2020on Mar 16, 2021 6:32pm

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Post# 32813237

RE:RE:RE:RE:Flush

Indeed. I am quite happy to be transparent about my purchases and sales. I took the same 1/3 strategy with Sir (Jack Astors) just recently and sold a third at 4.75 - its now at 6.25. You win some, you lose some.

Anyone following this stock for a while would have seen that it cannot hold a price increase. There was nothing really in the press release, other than making positive earnings, to justify me keeping a full holding and I was pleasantly surprised when it went up by 20 per cent - it was the time to take some dollars off the table.

I don't think it will get as low as 5.75 but we will see...after such a price increase it needs a period of consolidation before the next leg up. Still holding 2/3 of my investment, of course, so I am still a believer!