Martinrea International Inc T.MRE

Buzz on the Bullboards: Bombardier, world woes, a smart fridge, and top shelf weed

[Jonathon Brown]

A highlight of the week was Bombardier (TSX:BBD), which reported impressive growth in its Q3 2024 results. read article.

[Odinson]

I'm not so sure that that would help. The economies around the world are not doing as good as some would claim. MRE is large supplier to the auto industry and that industry is not having a good

[Kirkin]

Maybe it's time to look at MRE Executive Management and definately the Board of Directors. This stock has been in freefall all year. But of course it won't stop the Executive and Board of

[Odinson]

I tend to agree, we don't really know  how any future actions by the upcoming administration but we can be sure of one thing, it won't likely be to our benefit. After all MRE is a

[s2000duck]

i think the market reaction was not that surprising given the the state of automotive industry and now the added uncertainties about the Trump administration and the tariffs issue. Existing free trade

[Odinson]

Sure looks like a lot of people didn't like the news release! I didn't think it was all thaqt bad but ....... What do I know? I must have missed something.

[PressRelease]

TORONTO, Nov. 12, 2024 (GLOBE NEWSWIRE) -- Martinrea International Inc. (TSX : MRE), a diversified and global automotive supplier engaged in the design, development and manufacturing of highly engineered, value-added Lightweight Structures and Propulsion Systems, today announced the release of...read article.

[Blazentownes]

Q3 will be ok. Q4.not so much

[Odinson]

It would be nice to believe her but I've been around long enough on this play to know those numbers a  mostly from dreamers! I'd sure like to see it rise, they seem to be doing everything

[zack50]

CIBC’s Krista Friesen sets TP for Martinrea International Inc. at $17 with an “outperformer” rating.

[Odinson]

That is the problem that arises when a company has too many eggs in one basket. 

[Blazentownes]

Stellantis is in trouble. Vehicle inventories and high, and sales are slow. Volumes have dropped. I expect revnue to be down and proftit for MRE to be down. MRE needs volume for profit, margins aren

[Odinson]

So now we are seeing the problem of having too many eggs in one basket! Stellantis is suffering in their Chrysler division so much so that they are putting the Arizona Proving Grounds on to the market

[Odinson]

Normally we would see an up tick in price to reflect the production run for the new model year but, with the slow down of the big purchases because of the runaway inflation, the vehicle sales just

[Odinson]

That we will be seeing any real improvement on price here, at least in the reasonable future. This company does a considerable amount of work for the Stellantis / Chrysler group and they are going

[Possibleidiot01]

PAST TOP PICK Martinrea(MRE-T) 01/10/2024   (A Top Pick Nov 07/23, Down 8%) The car sector has disappointed, is floundering. He sold some car stocks