CEMATRIX Corp T.CEMX

New Press Release - CEMATRIX Announces 2024 Second Quarter Financial Results

CALGARY, Alberta, Aug. 07, 2024 (GLOBE NEWSWIRE) -- CEMATRIX Corporation (TSX: CEMX) (OTCQB: CTXXF) ("CEMATRIX" or the "Company") a North American leading manufacturer and supplier of technologically advanced cellular concrete products announced the release of its consolidated financial results...read article.

[jofa]

I guess this explains the pp

[jsibbick]

Still have over 5 mil in cash and 6 mil in recievables before the PP. Not sure where your coming from! 

[jsibbick]

My guess is you don't understand how to read an income statement but like to voice an opinion. 

[Bubbajohny50]

The quarterly reports are so so.  They aren't bad but on the other hand there isn't anything to get excited about.  Hopefully there several more new contract releases over the next decade to get the price over $1.00

[jsibbick]

1 dollar in the next 5 years and you've beat the index's. Not sure what the complaint would be. You realize this is a business and not a casino 

[Bubbajohny50]

Yes I get that. Do you realize I have already been here for 10 years?   It's the same thing over and over again every year. It get boring. 

[jsibbick]

Infrastructure company's are boring. 

[Bubbajohny50]

No argument here. But this is very unique technology.  I have been for years educating cement and infrastructure people.  They like the technology.  It's the political folks that hold it back. 

[jsibbick]

One question i'm going to ask is why glavel and when can we start see money be made. 

[LWillingdon]

That's two great questions I hope you get answers to. 

[jsibbick]

We are still 11 percent higher in revenue than last year. We still have positive EBITDA which we didn't this time last year. If they can even match the 2 Q's from last year than we are better off. 

[Bubbajohny50]

Everytime it gets starting to move and our comes a new issue.  So now because of the warrants it won't see 60 cents for 3 years. 

[jsibbick]

I can agree with you on this Q being nothing great and having a PP with warrants at 60c makes me upset but if they can continue you to grow shareholders will be rewarded. Based on the balance sheet they didn't need cash so either it was to allow institutions in or they are planning to buy another company 

[Canadian_101]

Not sure what to make of CEMX at this point, I did the chart year chart and it looks like the share price has allways been between 20 to 40 cents, hitting 80 cents at one point. What in the heck will it take to get thisSP to a buck, 2 bucks 3 bucks another 20 years??? 

[Bubbajohny50]

Exactly my point and feeling.  Looks like she will be below 40 cents this morning.  It's like the world today.  We cater to the rich and we get average people get hammered.  I still don't get why they did a new issue so soon after getting uplifted to the TSE   

[Podios2]

They may have a good  deal on a company they can buy (must close fast) in order to take on larger work projects Hopefully????