CEMATRIX Corp T.CEMX

Very strong buy on CVX

[kingscorpion]

I visited so many sites and all of them have a very STRONG BUY ON CVX. One site shows one analyst covering the company with a .60c target price. So we still.dont know who he is but based on past 3 weeks of trading volume he and his institution must have accumulated anywhere between 3% to 7% Perhaps they already anticipate a very strong infrastructure boom next year and on and might become CVX insider with a I believe a minimum ownership of 9% of the company. I think the minimum to become an insider is 9% or was it just under 10% of the company Sorry I forgot that part!!

[Bubbajohny50]

Once you equal or exceed 10% you become an insider and must declare buys and sells.  If you equal or exceed 20% I believe you must make an offer to buy the company out.  As far as the infrastructure boom, look at the performance of Flour, Aecon, SNC Lavalin, Stantec, Byrd Construction etc over the past six months.  All are in an upward trend heading back to their pre-COVID highs

[Bubbajohny50]

Brookfield infrastructure partners had a nice day today also and has turned into an upward trend in the past two or three weeks.  Infrastructure going into a bull market makes sense in trying to re-stimulate the North American economy. 

[Kalsabor]

That's a reason we have to check Bird construction, Cuglietta could be a very precious card in our deck

[AYCEBuffett]

Hello, Long time lurker on this board and decided to finally post. Few things: 1. The firm behind the 60 cent target this week is Beacon, which has a nice distribution network and should get a lot of eyes on it. They tend to keep conviction on their picks for some time. That said, I think their target is intentionally low to leave room for increase if and when Cematrix wins more projects next

[kingscorpion]

So AVCBuffet  was the $1.25 target price given by you ? This means we have 2 or 3 analyst who are now independent that I know of from other sites Which is superb 

[AYCEBuffett]

Yes that was me. To be clear, I am no longer an equity analyst (I buy companies now), but this remains my favourite stock and I tout it to friends and family. My network is holding a lot of stock long-term

[kingscorpion]

Acebuffett Wow to say the least!! You are the 2nd or 3rd independent analyst who owns cematrix now. So I suppose we can depend on some insights from you from time to time 

[AYCEBuffett]

Yes I will probably comment quite frequently. As I said, I have been watching this board for years, I just never bothered opening an account. But now that Cematrix is getting wider attention, I figured it was time to join in the conversation