OTCPK:PILBF - Post by User
Post by
FrozenInOntarioon Oct 26, 2015 8:57pm
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Post# 24229056
Cemex
CemexAgg, Care to comment on their results ? What I could read was price increases this year for October did not stick but they will have mid digits price increase in 2016. Note this comment on the California market price increase from the conference call : "In the case of California, which has been the -- its been our strongest growing market, frankly, there is also very -- I would say technically -- we believe technically-driven reason. And theres been some M&A activity. And in the interim process, it was difficult to affect the pricing increase there." The do mention that they expect their increase in 2016 to stick "So we do believe that -- and weve seen a -- others kind of makes similar announcements and that makes us feel comfortable about it." If Polaris could get mid-teens, that would be very very interesting. Regards