CEMATRIX Corp T.CEMX

My 2 cents on NEWS RELEASE

[kingscorpion]

So I like the fact that 1st The company states that only $3.6 mil out of $22 mil will be realized in 2023 and the rest in 2024 yet they expect to generate over $35 mil in revenues this year. 2nd The contracts at hand which amounts to $93.2 mil are comprised of larger contracts. The reason IMO they said they expect margins to improve drastically. 3rd This bidding pipeline which is currently $430 mil are comprised of contracts ranging from $1 mil to $28 mil. And is expected to grow Ohh boy if we won that $28 mil project

[LWillingdon]

I almost feel optimistic today.  I'm sure it will pass, but I hope this is a catalyst for a steady slow climb.  GLTA 

[kingscorpion]

So the CEO said the margins will improve greatly Why and how. Well up until recently the contracts were mostly comprised of mostly few $100000 to about a million and so if they had a revenue of $21 mil This means they had to travel to 21 different places to get the job done Cost of moving equipment was greater then what we expected hence the reason why they are reporting small but negative results

[Aarman4]

Very good news release.... My only concern now is margin... How much are we thinking on the year here? Cheers!