Post by
kingscorpion on May 03, 2024 1:36pm
Cematrix in perspective
CVX has moved 100% as a result.of Q3 results from about .18c-.19c to current .385c The Q4 results that came out was better than Q3 results but we have not seen the move yet. So the market could be waiting for the Q1 results to come out in the next 3 trading days. I am confident should the Q1 results be positive the stock could move another 50% to as high as 100%. In this case the company has demonstrated to the market that they were profitable for 3 quarters in a row. If it moves up another 100% then the analyst with a target price of .70c has to come out and reiterate another target price My opinion $1.00. We can also look at this potential price jump from the company fundementals If we look at year over year from last year's Q3 to This year's Q3 We will see Q3 2023 EPS of .015c profit Q4 2023 EPS of .015c profit Q1 2024 EPS of 01c and Q3 2024 (coming up) EPS .02c Total EPS in 2024 .06c PROFIT THE PE is this scenario is .385c/.06c= 6.5. In fact in this scenario the stock.has to move up 200% to reach a PE of 19.5 Very very very cheap
Comment by
Kpitreal on May 03, 2024 2:06pm
Agree with you 100%. Market is waiting for Q1 confirmation. Your number of 0.06 eps looks accurate. Anything 0.04 and up will have the desired effect. Lots of runway on this one.
Comment by
Kpitreal on May 07, 2024 11:16am
Stock will be 0.70 min by q4. Don't miss out.