Section 1: Introductio

Section 2: Company Overview

Martinrea International Inc. (TSX: MRE) is a Canadian producer of steel and aluminum parts and fluid management systems. Its products are used primarily in the automotive sector by most vehicle manufacturers. Martinrea manufactures aluminum engine blocks, specialized products, suspensions, chassis modules and components, and fluid management systems for fuel, power steering and brake fluids.

2.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section3:  Financial Highlights

3.1 Key Financial Highlights

Section 4:  Key Metrics

The company has successfully improved its Return on Invested Capital and Asset turnover ratio in the current quarter. Below charts depict the change in Return on Invested Capital, Asset turnover Ratio, Current Ratio and Cash Cycle days for the firm in past one year.

Section 5:  Stock Recommendation Summary

5.1 Valuation Methodology Illustrative EV to Sales Based

5.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~14.97% in 1 month and an upside of ~14.87% over the last 3 months. Moreover, the stock is trading above the average of 52-week high price of CAD 13.98 and 52-week low price of CAD 7.43 providing an opportunity to ride the trend.

5.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of February 23, 2023). Source: REFINITIV, Analysis: Kalkine Group

5.4 Technical Summary

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is February 23, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

Technical Indicators Defined: -

Support: A level at which the stock prices tend to find support if they are falling, and a downtrend may take a pause backed by demand or buying interest.

Resistance: A level at which the stock prices tend to find resistance when they are rising, and the uptrend may take a pause due to profit booking or selling interest.

Stop-loss: In general, it is a level to protect further losses in case of any unfavourable movement in the stock prices.

Section1: Company Overview

BMTC Group Inc. (TSX: GBT) is a holding company. The company through its subsidiaries manages and operates furniture and household and electronic appliance retail sales networks in Quebec. The company manages and operates a retail network of furniture.

1.1 The Key Positives, Negatives, Investment Highlights, and Risks

Section2:  Financial Highlights

2.1 Key Financial Highlights

Section 3:  Key Metrics

The company’s current ratio has been improved.  Below charts depict the change in Return on Invested Capital, Asset turnover Ratio and Cash Cycle days for the firm in past one year.

Section 4:  Stock Recommendation Summary

4.1 Valuation Methodology (Illustrative): EV/ Sales based.

4.2 Price Performance and Stock Recommendation

The stock has witnessed an upside of ~22.70% in 3 months and a downside of ~4.93% over the last 6 months. Moreover, the stock is trading above the average of 52-week high price of CAD 16.00 and 52-week low price of CAD 11.15 providing an opportunity to ride the trend.

4.3 One-Year Technical Price Chart

One-Year Technical Price Chart (as of February 23, 2023). Source: REFINITIV, Analysis: Kalkine Group

4.4 Technical Summary

Note 1: Past performance is not a reliable indicator of future performance.

Note 2: The reference date for all price data, currency, technical indicators, support, and resistance levels is February 23, 2023. The reference data in this report has been partly sourced from REFINITIV.

Note 3: Investment decisions should be made depending on an individual's appetite for upside potential, risks, holding duration, and any previous holdings. An 'Exit' from the stock can be considered if the Target Price mentioned as per the Valuation and or the technical levels provided has been achieved and is subject to the factors discussed above.

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Disclaimer

The advice given by Kalkine Canada Advisory Services Inc. and provided on this website is general information only and it does not take into account your investment objectives, financial situation and the particular needs of any particular person. You should therefore consider whether the advice is appropriate to your investment objectives, financial situation and needs before acting upon it. You should seek advice from a financial adviser, stockbroker or other professional (including taxation and legal advice) as necessary before acting on any advice. Not all investments are appropriate for all people. The website www.kalkine.ca is published by Kalkine Canada Advisory Services Inc. The link to our Terms & Conditions has been provided please go through them. On the date of publishing this report (mentioned on the website), employees and/or associates of Kalkine do not hold positions in any of the stocks covered on the website. These stocks can change any time and readers of the reports should not consider these stocks as advice or recommendations later.