Cematrix Corporation V.CVX

RBC fair value on CVX

[kingscorpion]

So  after a long while I finally decided to revisit the research side of RBC direct investment on CVX and see what has changed since my last visit.  Currently RBC has $24 mil YTD revenue This means RBC research expects CVX to make around $11 mil in Q3 and $41 mil for the whole year. Looking at fair value of the company RBC, has a fair value of .33c for CVX and enterprice value of .36c Last year the fair value of CVX was the current price .20c and states that the company is currently undervalued but also has a low moat going forward. That low moat is because its cc technology is relatively new to the market.  So be patient people I think after this market correction is when we will start to see the big rise in share price that will coincide with the good Q3 results. Overall the research has a strong buy recommendation and since RBC has annual revenue of $41 mil forecasted for CVX and Q3 revenues of $11mil then if NO booboo happens we could expect $14 mil for Q4 results which is what I would have done if I was the CEO. Revenues progressively higher quarter after quarter to give a sense of growing earnings as well as cash flow and EPS

[Bubbajohny50]

Yes their technology is new to the market.  But, remember the Bangladeshi article posted a week or so ago?   And I'm telling you, go start asking the infrastructure people, they are learning more and more about it.  If the workers running the paving machines know about it know, which a lot of them do, it's getting known.  It won't be long before it's implemented