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Bullboard - Stock Discussion Forum Cematrix Corporation V.CVX

Alternate Symbol(s):  CTXXF

Building Materials Building Materials
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

TSXV:CVX - Post Discussion

Cematrix Corporation > 2nd analyst
View:
Post by kingscorpion on May 14, 2024 5:49pm

2nd analyst

We have analyst Kammermayer (sorry if I misspelled his name) starting coverage on CVX I have not seen the research paper but if one of you guys do please post And yes on few sites 2nd target price with a $1.00 has been uploaded The average between 1st target price of .70c and 2nd target price of $1.00 is .85c.
Comment by tony08 on May 14, 2024 10:12pm
Mr. Kammermayer forecasts that 2024 revenues will reach $57.5 million and $66.1 million in 2025. Based on “a shift to larger projects, coupled with the fixed overhead already in place,”  he’s looking for EBITDA to jump to $6.9 million this year (12.1% margin) and $11.7 million (17.7% margin) in 2025.  I think that these forecasts for 2024 are certainly achievable. For 2025, I can' ...more  
Comment by kingscorpion on May 14, 2024 10:41pm
Let's not forget this forecast by analyst Kammermayer in my opinion is conservative. They could do a revenue low to mid $60 mil in 2024 that would be about .045c profit PER share
Cematrix Corporation
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