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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

Comment by TopStockBuyon Aug 11, 2021 6:04pm
88 Views
Post# 33689241

RE:Just timing, good news concentrated in next two quarters

RE:Just timing, good news concentrated in next two quartersThey have a $15Million contract for bridge overpasses in the US that was supposed to start 2021 and end 2022.  I believe that is part of what they are referring to as I would have expected that to have started, but clearly not.  That contract alone is probably $5Million for the next three quarters...or $3.75M for the next four quarterly reports.  I think they will come back strong next quarter and beyond.  The $30Million tunnel contract is not scheduled to start until 2024.  By then they should be doing $50M+ annually.

They want to use $10Million to make two acquistions in the US and hopefully they execute on those before year end.  That will be two additional companies with revenues.  


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