stockchase picture

Compiling comments that experts make about stocks while on public TV.

Company Index

List by Company Name

List by Symbol

Martinrea Stock Symbol: MRE-T

Notes:working to build "space frames" for autos

Definition:auto parts

Last Price Recorded: $11.3000 on 2015-09-03

Globe 5 day average
Google Discussions (view only)
yahoo discussion
Bloomberg
Date Signal Expert Opinion Price
2015-08-13 DON'T BUY David Burrows

He prefers MG-T, MRE-T is a specialized company.  Margins are stronger in LNR-T and strength is in MG-T as a global company.


Price:
$12.770
Subject:
NORTH AMERICAN - LARGE
Bias:
SELECTIVE
Owned:
Unknown
2015-08-10 BUY John Zechner

Give it time.  It will work itself higher.  They are delivering the numbers and meeting expectations.  Recent earnings were used to pay down debt.  He thinks it will go higher.


Price:
$13.270
Subject:
NORTH AMERICAN - LARGE
Bias:
CAUTIOUS
Owned:
Yes
2015-07-31 COMMENT David Cockfield

A good Canadian company, but sell a lot into the US, which is a great time with the Cdn$ being low, and he expects going lower. They seem to have sorted out some of their internal problems. A volatile stock and you have to believe that the auto industry has a few more years to run. The average age of cars and trucks in the US is over 11 years. This should do well, but you have to realize this is a cyclical industry and this one has shown some wild swings over time. If you have made 10%-20%, it might be time to take some profits.


Price:
$13.500
Subject:
CANADIAN
Bias:
CAUTIOUS
Owned:
Unknown
2015-07-29 COMMENT James Telfser

There has always been a problem in that it doesn’t ever get up to that same bar as the others. When you buy a stock like this you have to roll with the punches. They are going to miss a couple of quarters and are not going to execute perfectly. He is not interested in this. Would prefer Linamar (LNR-T) or Magna (MG-T).


Price:
$13.530
Subject:
CANADIAN
Bias:
UNKNOWN
Owned:
No
2015-07-21 DON'T BUY Hap (Robert) Sneddon FCSI

There were issues with management and the co-founders and once problems were settled the stock went higher. These things were reflected in the price. He recommends waiting before buying call options because it looks like it is starting to roll over a little bit. The indicators are getting a little bit soft. Wait for it to test, there is a divergence. No rush to buy, feels that it is heading down.


Price:
$13.350
Subject:
TECHNICAL ANALYSIS
Bias:
UNKNOWN
Owned:
Unknown
2015-07-20 TOP PICK Patrick Horan

This has a pretty good set up over the next couple of years. Have a new CEO who has a pretty good eye for margins and execution. Management is buying stock on the open market, which is showing a lot of confidence. Margins are about 350 basis points lower than the competition. It is still trading at about 10X earnings. If you normalize those margins and put a better multiple on, such as 11 or 12 times, the stock could be up 30%-40% from here. Dividend yield of 0.90%.


Price:
$13.260
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Yes
2015-07-07 COMMENT Jason Mann

Is this ripe for a takeover? He would not own a stock strictly based on the probability of being taken out. Large automakers do not want to see more consolidation in the industry. He looks at stocks in 3 ways. Good price momentum, good valuation, and reasonably low volatility. This scores well on most of those metrics. A little bit cheaper than some of their peers at 7X EBITDA. Reasonable balance sheet. They do need to start to generate more cash. (See Top Picks.)


Price:
$13.430
Subject:
NORTH AMERICAN
Bias:
CAUTIOUS
Owned:
Yes
2015-07-07 TOP PICK John Zechner

Even though valuation has moved up a lot in the past year, it is cheaper than the rest of the group in cash flow and earnings. More importantly, they have stuck money into new programs and facilities over the past couple of years and thinks they are just turning round now to the harvesting of those operations. They have a lot of new programs coming into place. You are looking at 10%-15% earnings growth a year at least, over the next 3 years. They are the biggest player on aluminum parts in cars, which is one of the highest areas of growth. Higher European luxury growth. Also, the Cdn$ benefits them. Dividend yield of 0.89%.


Price:
$13.430
Subject:
NORTH AMERICAN - LARGE
Bias:
BEARISH
Owned:
Yes
2015-06-22 WAIT Peter Brieger

He likes the business, but is more drawn by MG-T.  They made a marvelous recovery.  He would hold off for now.


Price:
$13.660
Subject:
NORTH AMERICAN - LARGE
Bias:
UNKNOWN
Owned:
No
2015-06-08 DON'T BUY Michael Sprung

Selling very close to the top of its range. Had a great run with the improvement in the auto industry. A few years ago they were having some management issues that seems to have been straightened out. Selling at around 13-14 times earnings with a yield of less than 1%. You have to count on the auto industry remaining fairly strong for some period of time to see any real capital appreciation.


Price:
$13.950
Subject:
CANADIAN LARGE
Bias:
CAUTIOUS
Owned:
No
2015-06-01 COMMENT Bruce Campbell (1)

Starting to do really well. Has gone from $9-$14 in the last 6 months. Had been down because of a lawsuit by former management, so it is at the cheapest valuation.


Price:
$14.130
Subject:
CANADIAN LARGE
Bias:
UNKNOWN
Owned:
Yes
2015-05-28 TOP PICK Patrick Horan

Lower PE compared to MG-T and they have margin expansion.  MRE-T has had very flat margins and he thinks they will now expand from 6 to 9% so you get faster earnings growth. 


Price:
$14.180
Subject:
NORTH AMERICAN
Bias:
OPTIMISTIC
Owned:
Yes
2015-05-26 DON'T BUY James Hodgins

Have recovered from their problems of a couple of years ago. Auto sales have been incredibly strong both in North America and globally. This is a fine enough company, but feels we have reached a peak in auto sales. You are starting to see this in the inventory numbers of the manufacturers. He would stay away from the whole sector.


Price:
$13.730
Subject:
SMALL & MID-CAP
Bias:
CAUTIOUS
Owned:
Unknown
2015-05-20 COMMENT Bruce Campbell (2)

(Market Call Minute.) This has come up the ranks in his process. He has his eye on it. It might break out to higher highs.


Price:
$13.600
Subject:
CANADIAN
Bias:
OPTIMISTIC
Owned:
No
2015-05-14 COMMENT Jim Huang

Thinks the bigger upside for this company will come from continuing improvement of their operations. They have been undervalued for a while to the group. Last quarter they seemed to be making some good progress.


Price:
$13.610
Subject:
NORTH AMERICAN
Bias:
UNKNOWN
Owned:
Unknown
Showing 1 to 15 of 180 entries
First Previous 1 2 3 4 5 Next Last

No Comments.


You must be logged in to comment.