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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 tony08on Jan 29, 2024 9:49am
68 Views
Post# 35850151

RE:"Over $200 Million US in Seasonally Adjusted Production.....

RE:"Over $200 Million US in Seasonally Adjusted Production.....

Tu fais bien de le rpter  Prospector, ( puisque j'ai dj post ces infos les 26 et 27 janvier....), car ceux qui vendent leurs CVX au prix actuel vont srement le regretter en 2024....

 

Voici les deux posts que j'ai fait:

 

26-01-2023

Yesterday Jeff Kendrick said:
 

 

« Our backlog is still close to $100M even though we placed over $40M in product in 2023.

 

We have the production capacity in place to grow our sales dramatically from our record levels in 2023. »

 

I don't know for you guys, but I would surely not sell my CVX at the current price.

 

 

27-01-2023

You're probably right kingscorpion, let's hope Jeff and his team can manage the growth well.

 

But initially it should be easy for them:  In the webcast Jeff said that they already have a production capacity for $200M US and they also have well cross trained staff that are underutilized.

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