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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 > Mathieu Martin - Stocks and Stones - The Good, The Bad......
View:
Post by Possibleidiot01 on Oct 02, 2024 9:28am

Mathieu Martin - Stocks and Stones - The Good, The Bad......

  • The BAD

    Cematrix (TSX: CEMX), a manufacturer and supplier of cellular concrete,
    announced unforeseen delays on some of the projects in its backlog. The delays will cause 2024 revenues to be lower than expected, while 2025 should be stronger. It's not the first time Cematrix has experienced project delays, and investors didn't like it. The stock went down 25% following the news.

    Reputation is something.  IMO

     



Comment by cpac on Oct 02, 2024 12:20pm
So the timing sucked, but when you are a company that provides a service that is a part of an overall project, you are often at the mercy of when that project gets executed; and delays in construction are very, very, very common.  What CEMX needs to do is to have a robust enough pipeline that if a couple projects get delayed, you're focused on the others; also, these projects didn't ...more  
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