CEMATRIX Corp T.CEMX

CVX should hold onto cash

[Tan4646]

Big Caroilina project not showing revenue to CVX until summer 2022 and even then the added cost of fuel, materials and labour (if available) will negatively impact the revenue and margins.  Other projects pushed back into late 2022 and into 2023.  Will these contracts get amended to reflect shortages and cost increases. 

They have a lot of cash but will need to hold onto it. Look at the dilution in the past year because of low revenues and almost zero gross margins the last two quarters and negative earnnigs, 

Mgt can not do anything about macro level shortages in the supply chain and raw material inflation.

[kingscorpion]

I am getting really sick and tired of listening to you about dilution Bone head it's only 132 mil shares Once they start having earnings they can always buy back their shares There are plenty of other small caps that have way more shares outstanding Some in the 300 mil zone. Besides we haven't used that cash and if we were to buy back shares with the cash from p.p then CVX would have only

[Tan4646]

"would have only 30-40 mil shares outstanding"  are you suggesting they buy back 100M shares?  At say .25 a share is $25 M,  minimum.  From $21M cash on the books at June 21, not counting what has been spent since then.  They have no earnings!  What kind of earnings do you expect in the next couple quarters to help finance this buy back.  Am I reading

[kingscorpion]

What I am saying is that with the pp cash they got of $22.5 mil. If they were to use all that cash to buy back their shares They will buy back more shares than the pp that resulted in some dilution. So if they released 65 mil as a result of pp then at current price with the cash at hand they COULD BUY alot more. I am not advocating that they use all that cash to buy back shares. I don't mind

[Undertaker]

To Tan4646, you have a a in your head instead  of  brain ,the situation will Change in summer, the fuel costs will change, and CVX WILL DEDUCT FUEL COSTS FROM INCOME TAX, AND IN CANADA AND USA GOVERNMENTS WILL COMPENSATE FOR HIGH COST, KAPEEECH DUMMY Tan4646, go see your moma to feed you from her water melon Whoopers .

[Tan4646]

ha ha Undie,,   gee you English got worse from a previous message you wrote, on your phone?  since when did Governments compensate construction companies for high costs of doing business,,    are finacial statements hard for you to read?  Of course fuel costs will change? It is only the busiest fuel consumption season and Russian oil is embargoed, and domestic

[Tan4646]

domestic prucers CAN'T produce more

[bushman33333]

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[Undertaker]

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