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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
Comment by CarpyDimeon Nov 29, 2018 6:58am
108 Views
Post# 29038029

RE:New Poster - another big oops

RE:New Poster - another big oopsNot sure I understand "the panel miss". Alucoil, one of the biggest panel producers in the world, has just completed a new brazing line that has been designed to produce panels with CYM's SAF at their core. Both the brazing process and the foam have been specialized to allow for this integration. The work is the result of more than two years of collaboration between the companies.

Too early to say, but this has the potential to be a home run for CYM. Getting spec'ed into a major producer like Alucoil is something they have been working toward for well over a decade.

I wouldn't expect a huge gain in share price yet (the revenues are probably still another year out), but between this and the steady sales of Alusion, they have a solid base and are getting more and more attention from industry. A candidate for a buyout at some point IMO.
Bullboard Posts