Cematrix Corporation V.CVX

Stock has to go up 50%...

[cpac]

JUST to get to BOOK VALUE... current price is ridiculous, especially now that management has come out of hiding to confirm they are still executing well on their contracts and growing the business... Just may add if we stay at these levels...

[vinmick]

Now if they come out with positive earnings that will for sure help them moving towards the TSE listing.  Get on the big board the number of players will 10 fold.  I would like to see an increase in the number of projects they are tendering on also.   That could really put a boost in the stock price.   Fingers crossed.

[bushman33333]

This post has been removed in accordance with Community Policy

[vinmick]

Talking to them.  In order to even qualify they have to show some profitable quarters. 

[kingscorpion]

Now today's rise in price and volume will be noticed by money managers and retail investors who trade small caps. You guys say it needs to go up 50% to get to book value. I on the other hand see the book value at .65c Thats where they figured out what CVX book value should be when they did the PP and don't forget companies trade anywhere from 2x to 10x book value in good times!! That's

[Tan4646]

What are you talking about ? Book value is not arbitrary.

[Dunworkin2]

Wonder what King will say when the next financing takes place at 30-35 cents?  Is that the new book value? lmao. The only thing being "executed" are the dollar bills I invested here. Shot full of holes and buried in cellular concrete. Jeff should spend more time on the vernacular.

[vinmick]

It makes absolutely no sense to do another financing at this point.  They still have plenty of cash.  And if they start turning a profit they will have more cash.  Jeff would only be cutting his own throat by doing a financing at such a low price.  If they get in the 3-5 dollar range then yes.  But, till then it would be very very very stupid.