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 > $5.5 Million in New Contracts

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Comment by Joe455on Sep 16, 2021 12:33pm

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Post# 33871039

RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:RE:$5.5 Million in New Contracts

Kpitreal wrote: Agree completely. Great post. Earnings estimates are conservative also lots of upside.

kingscorpion wrote: So you are wondering how they plan on making revenues in $40 mil and above well The $91 mil contracts CVX has, and bidding for over $367 mil are actually for 2 years revenues $45 mil and $45 mil and by then CVX will have more contracts signed, to continue beyond the 2 year revenues This $45 mil revenue for next year is enough to push CVX share price to $3 mark You know the fix cost per annum is $20 mil so with revenue of $40 mil and above, their net earnings will be $20 mil Divide $20 mil to 132 mil shares =.15c profit This means PE= .46c .15c= 3.06 is considered extremely cheap The sector is expected to become hot next year and so the PE multiple can will be pushed up to 25 -30. In CVX s case a PE multiple of 12 to 22 can be achieved and with that the s.p is a minimum $1.84 to close to $3 just based on earnings. Contracts signed. Bidens infrastructure plan. If government gives CVX part of COVID relief fund. Acquisitions. All push the s.p further up

And it has 22 million in cash.

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