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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

Post by kingscorpionon Nov 13, 2023 2:10pm
161 Views
Post# 35732486

Q4 REVENUE ESTIMATE

Q4 REVENUE ESTIMATEThe way the CEO worded it Q4 revenues will be strong suggests The company is trying to place it as the 2nd highest revenue in the history of the company So this means this years Q4 revenue IMO will be higher than last years highest revenue of $11.7 mil and as much as $17 mil So that the 2023 annual revenues based on this scenario will be between $45 mil and $50 mil If you remember one of the analyst who WAS covering CVX awhile ago gave a target price of $1.25 based on I believe a revenue of $53 mil Well we are very close to that. So you can now buy with confidence because the CEO also said margins will continue to improve at a higher rate which means the earnings will be at a higher percentage. You held on till now while it was going thru the issues now that those issues have been resolved you should hold on to them even tighter as the light at the end of tunnel.is finally visible.  
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