Cematrix Corporation V.CVX

Alternate Symbol(s): CTXXF

Building Materials Building Materials

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from formulations across North America. The Company’s cement-based material with superior thermal protection delivers to a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its grout and flowable fill applications include tunnel grouting, annular pipe grout, pipe abandonment, and flowable fill. The Company’s wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), Chicago based MixOnSite USA Inc. (MOS) and Bellingham based Pacific International Grout Company (PIGCO).

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Cematrix Corporation > Ugly

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Comment by vinmickon Nov 10, 2021 9:52pm

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Post# 34113187

RE:RE:Ugly

The problem I am having with CVX is that going back 10 years ago it was a collapse of the oil and gas sector that hurt them. ( the oil and gas sector were CVX's initial customers). Then they make money and what happens? The Hollistor situation. ( they went bankrupt and hung CVX out to dry for a few hundred thousand ). Then COVID pops up to kick them between the legs. Then the stock starts to rocks. Oops! We have a PP that puts the breaks on again. Then holy hoot we have to go through an a warrants kicking the life out of any capital appreciation. My question is, when is something going to go right for this company? Like I mean in our lifetime. I don't see it.

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