Bullboard - Stock Discussion Forum Martinrea International Inc T.MRE

Alternate Symbol(s): MRETF

Consumer Cyclical Auto Parts

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... see more

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TSX:MRE - Post Discussion

Martinrea International Inc > i got in at 16 thinking zacks estimates would be correct

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Post by gobig69 on Jan 28, 2021 3:05am

i got in at 16 thinking zacks estimates would be correct

so ZACKS estimates is not reliable i thought id give it a try...what do you martinera share holders think..im down already...like 1000 plus...should i take loss now or wait...

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Comment by fishcarrier on Jan 28, 2021 3:22pm

Wait. You got in a little high, but it should bounce back. I think it will hit $16 again in a month's time or earlier. I am holding at least until MRE reports early March I believe. I'd buy some more if it wants to dip below $14. again.

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Comment by Odinson on Jan 29, 2021 9:28am

Yes, maybe a bit high entry point but looking at this company ..... it is a solid, well run business. I don't think it is unreasonable to think we could see it climb into the higher teen or low 20s at some point within a year or so.

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Martinrea International Inc