Post by
1rockit on Aug 10, 2024 5:55pm
Earnings!
I've been following this stock for some time. I haven't pulled the trigger because of no decent bottom line earnings! If they were grossing 50 mill a year and clearing 5 mill , I would have bought it 6 months ago. One other problem with it is they have to compete with regular concrete suppliers. Their razor sharp margins in this business don't justify me pulling the trigger. There are just too many really good companies out there to buy. Example is PNG . Take a look at their May 29th 2024 paragraph 2. First quarter earnings. Believe me you'll be impressed. Anyways, I do wish everyone lots of luck. And who knows, it might double in the next 30 days! It definitely wouldn't be my first mistake. LOL.
Comment by
kingscorpion on Aug 10, 2024 7:46pm
They made about $54 mil last year. This year analyst have revenues at $57 and change. I myself think it will be little over $60 mil
Comment by
Moon52 on Aug 11, 2024 4:33pm
Thanks for PNG (Kraken Robotics) suggestion. Impressive indeed. Will hold on to Cematrix, but might well buy shares in PNG tomorrow. Cheers.
Comment by
Hunk33 on Aug 11, 2024 6:21pm
TO 1rockit, take easy Mr Negative, we do not need you around, better days ahead, and coming fast.
Comment by
Hunk33 on Aug 11, 2024 6:22pm
TO 1rockit, take easy Mr Negative, we do not need you around, better days ahead, and coming fast.