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Bullboard - Stock Discussion Forum 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... see more

TSX:MATR - Post Discussion

Mattr Corp > Strategic
View:
Post by Lindainvestor on May 17, 2021 11:06am

Strategic

I really believe now, that they are trying to keep the SP low. The CEO did talk a lot about strategy, he mentioned that word a couple of time, that's also why they hired Mike Reeves. I think their future step is Stock buyback, now that they know how much capex is needed and that they have paid off some debt to fix the balance sheet. He did mention all this at the Q4 meeting!! So.... I think it will be a low SP for a while and once the share buyback is done coupled with news of new contracts, maybe even news of dividends, it will up very quickly.... anyways , I think this is a good strategy...
Comment by Lindainvestor on May 17, 2021 11:27am
Does anyone know whether they annonce share buybacks before or after it has been done ? 
Comment by Nothingmatters on May 17, 2021 12:09pm
I dont think that there is any strategy to keep the sp low. This stock trades in a pattern. It will suddenly go berserk, then go back down then suddenly after a few months, obviously when conditions improve makes new highs.this stock has 10 percent moves. So sit tight.
Comment by Nothingmatters on May 17, 2021 12:10pm
This is my opinion only. I might be shooting in the dark.
Comment by Possibleidiot01 on May 17, 2021 4:47pm
Here's the answer to your question ; note that it has to be approved by the exchange What Is a Normal-Course Issuer Bid (NCIB)? A normal-course issuer bid is a Canadian term for a public company's repurchase of its own stock in order to cancel it. A company is allowed to repurchase between 5% and 10% of its shares depending on how the transaction is conducted.Key Takeaways  ...more  
Comment by Maxmoe on May 18, 2021 1:02am
Possiblebooboo second bullet. How is an NCIB used to raise cash? The company uses cash to buyback shares. 
Comment by Possibleidiot01 on May 18, 2021 6:19am
You got me ; was easier to cut and paste Investopedia . Did answer lindainvestor question
Comment by Maxmoe on May 18, 2021 9:33pm
That was nice of you but dont forget "Linda" might be a 300 lb janitor dude from Kalamazoo. LOL.  
Comment by Nothingmatters on May 19, 2021 10:19pm
Lol "linda"....lol
Comment by Lindainvestor on May 20, 2021 2:37am
Ya I saw that!!! Since we are here assuming things, I could also but a 6 feet tall Russian blond model!!!
Comment by Nothingmatters on May 20, 2021 4:14am
Lmao, good try LINDA. I dont think possible idiot is actually an idiot. Lol
Comment by Lindainvestor on May 20, 2021 7:00am
It wasn't intended for possible idiot it was intended for Maxmoe, but anyways, let's stick to SCL!! ;)
Comment by Nothingmatters on May 20, 2021 11:16am
I sold 4000 of the stock and bought more Athabasca oil....Highest upside in the coming days...
Comment by Nothingmatters on May 20, 2021 11:20am
It was my opinion only...
Comment by Maxmoe on May 20, 2021 10:21pm
Enjoy your time over at Ath. I'm going to take a nap here. Let's see how they spend all that cash. Wake me up in a couple months at 7+.
Comment by Nothingmatters on May 21, 2021 11:50am
Still have a little but left here. Will add more with the profits from ATH and ESI. I had 10000 shares down to 2000 now
Comment by Anthony13 on May 21, 2021 11:59am
Smart move.  This seems like it's in no mans land until next quarter.  Cannot get out of the $5 range. No news releases. This things is like a turtle but will eventually get there. 
Comment by GABY51 on May 18, 2021 8:05am
VOIS  TU  LE  TITRE  A  12$  A  LA  FIN  DE 2021
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