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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

Comment by Puma1backon May 06, 2022 9:00am
157 Views
Post# 34661558

RE:RE:RE:Q1 2022 Earnings Out

RE:RE:RE:Q1 2022 Earnings Out

yeah, could well be baked in as all 3 of the CDN peers have been pretty flat this month in the face of some of those steep declines in the markets.




Daudau11 wrote: I agree that if recession hits automobile demand will be hit as well but I think for parts manufactuer they won't bear the blunt of the hit cause they need to help restock auto inventory that is at all time lows from my understanding.  I believe the current price has already priced in most of the bad news.  Unless something even worse happens, if you have longer term horizon I believe current stock price is a good entry especially if its an intial position.

 

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