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 > Mathieu Martin - Stocks and Stones - The Good, The Bad......

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Post by Possibleidiot01on Oct 02, 2024 9:28am

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Post# 36249741

Mathieu Martin - Stocks and Stones - The Good, The Bad......

The BAD

Cematrix (TSX: CEMX), a manufacturer and supplier of cellular concrete, announced unforeseen delays on some of the projects in its backlog. The delays will cause 2024 revenues to be lower than expected, while 2025 should be stronger. It's not the first time Cematrix has experienced project delays, and investors didn't like it. The stock went down 25% following the news.

Reputation is something. IMO