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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 Nov 25, 2023 2:29pm
103 Views
Post# 35752919

RE:Thoughts

RE:ThoughtsI am of the opinion these recent big volumes are a result of an institution/ fund manager/ shark trying to get in. Already in the past week or so over 4 mil shares have been traded and this fund or institution already must have over a million or 2 mil shares by now. CVX does not need to be bought out. It can, over time achive a billion $ market cap This means I am putting my big bet, ROADS and highways will become the big chunk of their revenues. If you know what the road construction revenues for each company across North America is then you will know if CVX got just a few percent of that revenue it will turn into a billion market cap company in just a few years. Will it stay at these prices before the next ER. I think not Its been depressed for so long that it looks like a.sling shot stretched fully ready to be released. Will we see more parabolic moves. My answer yes Thats why I am saying you the day trader should stop trading it and hold it. Before the pandemic the s.p of CVX reached .86c with annual revenue at that time around $29 mil. Now, we have surpassed it and it looks to be we are poised to make between $45 mil- $50 mil. So ask yourself if CVX before the pandemic was .86c with revenues of $29 mil then where should it be now with revenues between $45-$50 mil. Simply put CVX is now in a hurry to move up to more proper valuations
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