Q: I purchased some shares of Martin Rea (MRE) some time ago then purchased about 80% more when there began issues with the Board. My shares are now up by about 60% reflecting, I believe, the resolution of the fight within the Board. When I compare MRE to Magna, I see that MRE is essentially flat over the past year whereas MGA is up about 50%. Since the 50% for Magna is reflected to some degree in its higher PE ratio than MartinRea’s, is it reasonable to expect that MRE still has some opportunities to increase in value at a faster pace than Magna? I have no plans to sell my MRE because of the potential catchup of PE ratio unless you feel that I should be exchanging the MRE for Magna recognizing the quality of Magna versus MRE. My percentage of MRE is only about 2-3% of my entire portfolio. At this time in the auto business cycle would you recommend me increasing the percentage to the 5% range or stay cautious. If you recommend I should buy more again which of the two (or others?) would you recommend? As always, I highly respect your opinion and recommendations even if I don’t always follow them.
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Investment Q&A
Not investment advice or solicitation to buy/sell securities. Do your own due diligence and/or consult an advisor.
Q: Hello,
What is your opinion on MRE considering the latest developments. It seems that the internal fights were resolved and new board selected.
Is it a buy at this levels? I have Magna in the portfolio, should I replace MG or complement it with MRE for more growth?
Thank you
What is your opinion on MRE considering the latest developments. It seems that the internal fights were resolved and new board selected.
Is it a buy at this levels? I have Magna in the portfolio, should I replace MG or complement it with MRE for more growth?
Thank you
Q: Hello Peter , i would like your opinion on Martinrea International Inc. (MRE.TO) for a two year hold, has the accounting issues been resolved ? Which other company in the same space you would recommend ? Thank you
Q: Can you please comment on the Martinrea results and can you please provide an assessment of Blackrock? Thx
Q: please give an update on mre. Martinrea International
thanks
thanks
Q: Morning,
Your comments on MRE results. Thanks
Your comments on MRE results. Thanks
Q: What are you thoughts on why Martinrea (MRE) has dropped about 10% in the last couple of days? As far as I can tell there is no news other that that they announced today that they will report year end financials on March 31st.
Q: I see magna and Linamar have both reported results. do you know when martinrea is set to release results. thanks
Q: Greetings 51 on this cold, now blustery day.
My question is on Martinrea. Is there any updated information regarding their legal troubles. I note there was a new director appointed in January. What is your opinion of this stock. Certainly it seems to be an excellent time for other partsmakers. Any chance MRE can make strides to join the party?
Thank you
My question is on Martinrea. Is there any updated information regarding their legal troubles. I note there was a new director appointed in January. What is your opinion of this stock. Certainly it seems to be an excellent time for other partsmakers. Any chance MRE can make strides to join the party?
Thank you
Q: HNL,MRE: It seems that two money management cos.had prior info. on HNL's poor profit this quarter and they downgraded the company. This is further evidence that the retail investor is being played the goat.Don't you think the regulator should be on top of this immediately?
MRE has been going up in price recently. Any rumors floating around that you may have heard.
Thanks for your help and support.
MRE has been going up in price recently. Any rumors floating around that you may have heard.
Thanks for your help and support.
Q: What is your take on MRE- The auto part company. According to an article in Seeking Alpha it has upto 60% upside.
Thanks
Thanks
Q: Since MRE is so cheap, what are your thoughts on it being taken over by Magna or the like?
Q: At what point does MRE become attractive? I would imagine that the stock will trade below replacement value at some point with all the nonsense going on.
Thank you for your feedback.
Thank you for your feedback.
Q: with all the garbage going on with martin rea what are the chances that somebody in upper management and possibly people on the board get their ass booted to the curb. If blue collar workers did this i know they would be in the unemployment line. For the auto companies having the best run in years and they have to fudge results what a joke, what a bunch of morons. thanks.
Q: I hold MRE(Martirea)bought at $9.30 Do you recommend chasing it
down? It is not a tax loss candidate
down? It is not a tax loss candidate
Q: Re: MRE.TO
Could you please give an update and evaluation on the new development of Martinrea's litigation and operational updates?
Thank you very much and have a great holiday!
Could you please give an update and evaluation on the new development of Martinrea's litigation and operational updates?
Thank you very much and have a great holiday!
Q: How much money are we taking about in M. Rea claim?
Q: would you be a buyer of martinrea here. its seems incredibly cheap. also what would be the downside here. thanks.
Q: MRE & Nat Rae: later suing MRE saying the co. fudged results going back a ways? Who is Nat. Rae -holding company or what? I'd like to buy at some point maybe; but, would like to know what the current situation is and the facts concerning the law suit. Thank you...James
Q: Hi,
MRE dropped very heavily today. What should I do. Looks like capitulation.
MRE dropped very heavily today. What should I do. Looks like capitulation.