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Cematrix Corporation V.CVX

Alternate Symbol(s):  CTXXF

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).


TSXV:CVX - Post by User

Comment by kingscorpionon Sep 24, 2023 6:00pm
81 Views
Post# 35651418

RE:Cellular Concrete as a Road Base is Catching on Worldwide

RE:Cellular Concrete as a Road Base is Catching on WorldwideInterestingly these road contruction using c.c are all being done around the same time around the world.  CVX's study cases with Lafarge and Waterloo University and the recent road construction using CVX c.c for revenue this time for example . Well for those patient ones this should pay off very handsomely if you take 1.5 to 5 year time frame. The bidding pipeline is the perfect indication as to how much the cc business is expanding. Last year we were talking about bidding pipeline around $320 mil. 2-3 years ago the bidding pipeline as McWhirter reported was his words a juicy $150 mil. Today we are talking about $450 mil Articles have shown the c.c business to grow over $650 mil in the next 2-3 years. This of course does not include Bidens infrastructure spending bill. That is about $100 billion geared towards roads and bridges There are 30000 bridges in desperate need of repair in USA So think about that and think about now CVX is slowly moving into roads and highways construction. Are there risks? Yes. Just like with any stock you buy there are always risks associated with any stocks not the least the market conditions which could also effect individual stocks. However CVX with every passing day seems to be DERISKING their business going forward. So now we are at the precipice waiting for the Q3 results. If it turns out to be as the company suggested then it should be the indication that the company has turned the corner and the stock should start to move up handsomely. All this  bidding  pipeline for 3 or 4 key players in the c.c segment. 

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