Cematrix Corporation V.CVX

Acquisition/s will come

[kingscorpion]

So you are the CEO and thinking of making an acquisitions Would you buy a complementary company or would you buy a rival ? Personally if I had $20 mil in cash as CVX does and if I was spending $10 mil to make 2 acquisitions i would try to buy 1 rival and one complementary companies $5 mil a.piece

[Rafaholic]

i have talk to Jeff he said acquisition are being pursued and evaluated but they didnt found the right one yet ..it is good that they take their time to choose the company they will acquire 

[kingscorpion]

Raf if you get a chance again ask them if they are considering buying rival or a complementary company. Thanx

[kingscorpion]

V.FBF A small cap with a market cap of under $4 mil serving British Colombia with only 9 mil shares outstanding can be easily tucked in by CVX Profitable with E/S= .03c Perhaps he can have a look at this company and buy them out around $3 mil

[TopStockBuy]

Jeff clearly said both are being considered (rivals/complementary).  They are looking at US compannies and expansion.  They are traveling too far to compete with jobs in Texas.  Doubt they would even consider a Canadian company.  They are already here and are speding money on expansion.  

[Kalsabor]

texas might be too far but they have to look toward warmer weather so they can pull year long job. Problem is ,like scorpion mention,that Biden plan as been accepted . the price of companies will go through the roof . might have to partner up with existing company. Or sell... which in my opinion might be the best options as Mr Kendrick is not getting any younger. Either way the s.p will go up no

[kingscorpion]

I think we should continue discussing the acquisition possibilities for CVX down in the states I mean if CVX buying a rival company, would that be considered another pure play cellular concrete company or would it be a cellular / concrete company together. Also how does CVX expand is, another topic I like to get your views on versus making acquisitions as Jeff put it Maybe by discussing it we

[Kalsabor]

what kind of companies revenue we're looking at? 5M/year..10M....15? East of U.S? Jeff said there was 2 major company in California so i think we should skip the west . Moving south but not too much? Missouri/ Kansas?

[kingscorpion]

I think it has to be by market cap around say $5 to $6 mil range that has earnings preferably more than $5 mil per quarter if its going to be 2 acquisitions or one acquisition with a market cap of $10 mil. If we list the companies here from different regions or states then, we can pick one by one and see who has what and come up with the hopefully best choice for CVX . There are as you know over

[Kalsabor]

that would narrow it down Missouri/Kansas/Pennsylvania....they could even buy south of Illinois since they got a foot in chicago