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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 May 26, 2022 8:32pm
121 Views
Post# 34710812

RE:RE:RE:Bid price,Stop loss and Market Price

RE:RE:RE:Bid price,Stop loss and Market PriceThey are actually very busy working on the backlog.  PIGCO is wrapping up (or just wrapped up) the Tunnel project in Redwood City.  (Silicon Valley Clean Water Pipeline).  Nice to see them pick up a California project since that's where their competition is.  I believe Jeff mentioned they had about 5 tunnel projects in their backlog that they were working on.  

It may appear like nothing is going on but I believe they are on track for a record year, and next year will be even bigger.  Otherwise, I am still a bit puzzled that they landed two huge contracts and nothing since then.  Blame Covid but that excuse is no longer applicable.  Waiting for a single $5M+ contract.  

Still nibbling away at these ridiculous prices.  The venture is dead and don't expect it to pickup for a while yet.  Looks like I may get 21.5 cents shares again.  

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