Bullboard - Stock Discussion Forum 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... see more

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TSX:CEMX - Post Discussion

CEMATRIX Corp > Backlog is about 4x pre pandemic annual revenue

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Post by Tan4646 on Jan 27, 2023 12:33pm

Backlog is about 4x pre pandemic annual revenue

Product demand is there!!

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Comment by prospector001 on Jan 27, 2023 1:00pm

Seems like a no-brainer buy at this level considering this is a recession-proof business. A recession for Cematrix would just result in lower costs and a larger available labour pool. Am I missing something? GLTA!

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Comment by Tan4646 on Jan 27, 2023 2:02pm

Nope, positive ebitda, lots of cash, new equipment, 2x current ratio, infrastructure. Etc etc

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Comment by Bubbajohny50 on Jan 27, 2023 2:25pm

That is an understatement. This is really starting to catch on. Aecon, SNC, Lafarge of course are all starting to welcome it into their daily projects. The MYO has given its approval. If you don't believe me start asking around.

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