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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 kingscorpionon Nov 10, 2021 8:40pm
123 Views
Post# 34112984

RE:Ugly

RE:UglyIt was uglier when the results of Q2 came out with revenues $4.1 million and a loss of $900000 and the s.p as a result of 2 PP and not so good Q2 results and director selling portion of his shares took the share price down to a low of .34c and then rebounded to a mid .40c It seemed like nobody was sure of what the Q3 would look like so the s.p was stuck in a trading range Now we got the Q3 results and it is 77% higher than Q2 and we have Q4 that looks to be on solid ground. This deserves a higher share price appriciation because 1) we are rebuilding again from a close to bottom s.p of. 34c so bottoms up approach as opposed to top down What I mean is if the current share price was $2.00 then with these Q3 results, tomorrow, it would have tanked so top down sell off approach would have been in order 2) At current price of .38c for it to continue to tank tomorrow the revenues would had to be less than Q2 revenues and tomorrow it would have tanked further but it is the opposite. At $7.1 million revenues, and close to a bottom where Q2 results brought the s.p to a low of .34c. It could only mean bottoms up approach So this means last year's numbers don't matter when you are rebuilding from a low s.p of .34c Sorry I guess if you read it 3 times you ll get the picture as to what I mean here
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