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Cymat Technologies Ltd V.CYM

Alternate Symbol(s):  CYMHF

Cymat Technologies Ltd. is a manufacturing company. The Company holds licenses and related patents to manufacture and sell Stabilized Aluminum Foam (SAF), a cellular metallic material. SAF is produced utilizing a process in which gas is bubbled into molten alloyed aluminum containing a dispersion of fine ceramic particles to create foam, which is then cast into strong, lightweight panels and shapes. The Company is manufacturing SAF for use in architectural, blast mitigation and energy absorption applications. It develops applications for use in the automotive and industrial markets. Its divisions include SmartMetal and Alusion. Its SmartMetal stabilized aluminum foam products are effective at absorbing an amount of energy in a lightweight and recyclable package. SAF is used in such industries as architectural design, military and automotive. It markets its architectural SAF under the Alusion brand and its automotive and military SAF under the SmartMetal brand.


TSXV:CYM - Post by User

Bullboard Posts
Post by opporloonieon Feb 16, 2011 10:46am
291 Views
Post# 18142773

Plasan

PlasanPlasan and AM General used Cymat's foam in the AUSA show last fall. This recent demo is a very positive sign and clearly indicates Plasan's intentions for using the product as a unique solution. Even a modest order from this opportunity, along with something from Otokar, positions the foam very well. One would think that we are very close to a renewed RFI/RFP on the Humvee front. If past trends predict future value, the share price will be rebounding in the next few months. While not without some risk, this is an excellent entry point. For once, cash in the bank is not a spring time crisis. I believe revenue for the recent quarter will be strong.
Bullboard Posts