Post by
jsibbick on Nov 08, 2024 2:42pm
Margins
The biggest positive of all is the margins improving if they can continue to sustain / or increase margins than when they hit 20mil plus a 1/4 the money they will profit will be much greater.
Comment by
tony08 on Nov 08, 2024 3:35pm
I agree with Jsibbick and AYCEBuffett's last posts......Plus the fact that the delays are going to be short and a good 2025 year is awaiting. Today i bought back 2/3 of the position i had when i sold a big part of my CEMX at $0,49 It's an easy decision......Buying them back half the price i sold themfew months ago....
Comment by
jsibbick on Nov 08, 2024 7:19pm
I think it's better than higher revenues. Less risk on money being out. Who doesn't want to be paid more having to do less.
Comment by
Tan4646 on Nov 08, 2024 10:25pm
Good for you tony, i only sold about 10% in the mid 40's, then bought it back sub 30, but i wish i had done like you but I see long term success here and trying to time the market moves is just too sketchy for me. I would have completely recoved from the Xebec debaucle.
Comment by
tony08 on Nov 08, 2024 11:11pm
Thanks Tan, but in this case I was more lucky than anything else....I was already making a very good profit with CEMX and at the same time I needed cash to buy another stock. That's why I sold a big part of my CEMX at $0.49 then. Today, i had my cash back and after Q3 results plus the webinar, I am convinced that Cematrix will be successful again. Hope my luck won't let me down...lol
Comment by
LWillingdon on Nov 11, 2024 6:07pm
So nice to hear from sane, knowledgeable long term investors. Appreciate the positivity.