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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

TSX:CEMX - Post Discussion

CEMATRIX Corp > l am not for buying shares back
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Post by Swampy99999 on Apr 16, 2024 4:58am

l am not for buying shares back

l would rather to buy 2 companies .one in Texas another in California , then CVX will be dominante in all North America, the Competitions will be totally dead, does that make a sense??? and Transprtation cost will be reduced, that would be beautifuuuuul.
Comment by kingscorpion on Apr 16, 2024 8:23am
I am not suggesting they should start buying back their shares now. I am saying this could be done 1.5 -2 years from now and all they have to do is announce a 5 year $1 million to buy back their shares. So this means $200k/year If they bought their shares in January then by end of  Q1 they will recuperate their investment back Is this not logical ?
Comment by kingscorpion on Apr 16, 2024 9:59am
Besides buy back plan  I am also all for the acquisitions Well we have $3.3 mil in cash, by the end of year if we can accumulate over $7 mil and above then, this cash can be used as leverage to buy a company or 2. The bigger CVX gets the more visibility they have and hence they get the bigger chunk of the bidding pipeline which currently sits around $400. Don't forget this bidding ...more  
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