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CEMATRIX Corp T.CEMX

Alternate Symbol(s):  CTXXF

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

Post by retiredcfon Dec 22, 2020 1:19pm
236 Views
Post# 32161724

Back In

Back InWas a long time shareholder but bailed a few months ago as despite the potential, the SP didn't seem to be doing much. 

But this latest contract could be the gamechanger that we've been waiting for. And looking at Bob McWhirter's comments from June (note that the SP then is the same as today) the backlog has now doubled so it's safe to assume that this may be a top pick the next time he's on Market Call. Anyway, I'm back in again and will stick around for awhile. GLTA

BUY
 
Cematrix Corporation
(CVX-X)
June 30, 2020
 
He owns a lot of this. Earnings are expected to be 4 cents next year. They boast a big $50 million sales backlog, spiking up from last year. The business is quite sound--they remove stones and sand out of cement, so this will benefit from announced infrastructure spending. Upside to come.
 
Robert McWhirter 
 
 
Price
$0.540
Owned
Yes
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