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.

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CEMATRIX Corp > Finally, some Insider buying

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Comment by kingscorpionon May 26, 2022 12:20pm

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Post# 34709411

RE:RE:RE:RE:Finally, some Insider buying

May I remind you that CVX did not want to lay off workers during COVID outbreak so their wage cost in relative to sales were high. So with that they have a fixed cost on wage. Basically 5 mil per quarter for a yearly wage fixed cost of $20 mil. If your sales are around 5 or 6 mil you might be in the negative or flat. They did not wanna lay of workers because they did not wanna lose talent!!

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