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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 Feb 21, 2022 3:51am
148 Views
Post# 34447379

RE:Just give us news of another medium sized contract and...

RE:Just give us news of another medium sized contract and...So practically CVX acquired Glavel and the company still has over $20 mil in the bank. In my opinion this is not the end of their acquisition and perhaps what they have in mind is to acquire more similar size companies totaling 3 to 5 Scaling up by expanding laterally. Glavel is one of ONLY two cellular glass companies in North America. Can you imagine the expansion prospects with this company. What if CVX decides to buy the other cellular glass company as well. So as to corner the market. Can they then get a patent? All these small companies under the umbrella of CVX. Man, I am looking 3,5 and maybe 6 years down the road and see $5 easy !! The pandemic is diminishing and the restrictions are scaling down. All this means more contracts will start to come in while CVX start to execute orders. It all means buy if you believe in CVX long term.
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