Bullboard - Stock Discussion Forum 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... see more

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TSXV:CVX - Post Discussion

Cematrix Corporation > Why CVX is going up

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Post by kingscorpion on Aug 12, 2022 10:20am

Why CVX is going up

So.you are wondering why CVX is going up. Few reasons. CVX is 1st ly over sold. It's revenues last year came down by about 28% yet its share price dropped over 70% from the high of .86c. 2nd ly we are moving into seasonal strength for CVX and they are it seems piling up all their big guns for Q3 Q4 and Q1 of next year. 3rd ly CVX expects Q3 to be the best in the history of CVX in terms of revenues. So I take that as the highest revenues ever for the company.

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Comment by kingscorpion on Aug 12, 2022 10:33am

https://voiceofthesouth.com.au/2022/08/09/cellular-concrete-market-2022-2028-top-key-players-analysis-hh-international-a-s-saint-gobain-xella-group-cellucrete-cematrix-saint-gobain-among-others/ This also could be the reason why CVX is going up

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Comment by vinmick on Aug 12, 2022 2:48pm

Going up means a price increase. Where do you see that. I see sideways at best.

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Comment by kingscorpion on Aug 15, 2022 9:50am

Yes it will.go up That $22.5 mil contract I did the math on it If they bring the equipment in Q4 ot early Q1 next year and say they finish it by end of March of 23 The math just on that contract alone is $22.5 mil x 35% net earnings is $7.885 mil The net earnings per share is $7.885 / 133 mil shares outstanding= .059c net earnings per share. PE ratio based on this is current price .24c/ .06 ...more

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Comment by Dunworkin2 on Aug 15, 2022 2:57pm

So, we just had two negative gross profit margin quarters. The boss has foreshadowed a nice increase in revenues for the second half, but I haven't heard him say anything about profit margins. Have you? That's quite the jump up you have pegged for CVX! And that's after expenses to! 35%! Thanks for the humour.

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Comment by kingscorpion on Aug 15, 2022 3:02pm

If you read the news release it says the profit margins will be consistent with the past when they got good results from gross margins and that was up.to 35% .

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