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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

TSX:MRE - Post Discussion

Martinrea International Inc > John Zechner - BNN - PAST TOP PICK
View:
Post by Possibleidiot01 on Dec 02, 2024 3:41pm

John Zechner - BNN - PAST TOP PICK

PAST TOP PICK

Martinrea(MRE-T)

02/12/2024
Martinrea
 
(A Top Pick Nov 27/23, Down 17%) Everything that could go wrong, has. Potential tariffs of 25%. Concerns about capex

metal fabricators
 
$10.160
Owned
UnlockRating

Comment by sicnarf2 on Dec 05, 2024 7:16am
It's still a great company And cheap !
Comment by Odinson on Dec 09, 2024 11:40am
Yes, I agree but they  have far too deep involvement with Stelantis / Chrysler. Chrysler sales are way down because of their approach to pricing! They are offering Champagne priicing when they are producing a "beer product!" I think MRE should be actively looking for other sources of revenue to fill the shortfall from Chrysler. The Chrysler problem won't end overnight! They NEED ...more  
Comment by Kirkin on Dec 10, 2024 5:27pm
You are 100% right....Management and certainly a Board of Directors review is long overdue. Fortunately I sold $25000 of this POS in January in the $14.40 range. And then watched it tank to $10.00 range....
Martinrea International Inc
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