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CEMATRIX Corp T.CEMX

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 proprietary formulations across North America. It is engaged in the supply and placement of cellular concrete. The Company’s cement-based material with thermal protection, which delivers a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight cellular concrete with a cast density as low as 400 kg/m3. Its cellular concrete is commonly used as an insulation material for oil and gas facility slabs, roadways, shallow utilities and contaminated site remediation that requires ground heating. Its applications include retaining wall and bridge approach backfill, roadways and runways, and slope stabilization. Its wholly owned operating subsidiaries include CEMATRIX (Canada) Inc. (CCI), MixOnSite USA Inc. and Pacific International Grout Company.


TSX:CEMX - Post by User

CEMATRIX Corp
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(23)
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Comment by paperbullon Mar 02, 2018 7:26am
55 Views
Post# 27649796

RE:CEMATRIX Corporation Announces New Contracts

RE:CEMATRIX Corporation Announces New Contracts
Pretty strong statement from CEO just 2 months into the year. We should be testing $0.35-0.40 soon IMO.

Since breakeven for the Company is approximately $11 million annually, the Company is poised for a return to profitability in 2018. This does not include the proposed acquisition of Chicago based MixOnSite USA Inc. (MOS) as announced on February 26, 2018. Combined CEMATRIX and MOS contracted and verbally awarded projects are now in excess of $26 million for the year ended December 31, 2018 and expected to continue to grow.
Bullboard Posts
Dealroom for high-potential pre-IPO opportunities