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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 Jul 19, 2023 10:16am
94 Views
Post# 35547801

RE:SHORTS

RE:SHORTS I saw the short report. Yes I agree the shorts will have a hard time when Q2 results come out.  But also because I am a long term investor. Should the Q2 results be positive as the company has said numerously or at least cash flow positive then this IMO might be the turn around we've been waiting for. So far this year we've recorded $27 mil in contracts and over $60 mil year over year meaning since last August 2022 till now about 11.5 months. If we continue in this trajectory then by year end we may end up recording OVER $60 mil to $70 mil My reasoning is the the bidding pipeline which has now grown to $460 mil is mostly a million and up projects 
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