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Bullboard - Stock Discussion Forum Cematrix Corporation V.CVX

Alternate Symbol(s):  CTXXF

CEMATRIX Corporation is a Canada-based company, which manufactures and supplies technologically advanced cellular concrete products developed from formulations across North America. The Company’s cement-based material with superior thermal protection delivers to a range of problems facing the infrastructure, industrial, energy and commercial markets. It supplies and installs lightweight... see more

TSXV:CVX - Post Discussion

Cematrix Corporation > Backlog is about 4x pre pandemic annual revenue
View:
Post by Tan4646 on Jan 27, 2023 12:33pm

Backlog is about 4x pre pandemic annual revenue

Product demand is there!!
Comment by prospector001 on Jan 27, 2023 1:00pm
Seems like a no-brainer buy at this level considering this is a recession-proof business. A recession for Cematrix would just result in lower costs and a larger available labour pool. Am I missing something? GLTA!
Comment by Tan4646 on Jan 27, 2023 2:02pm
Nope, positive ebitda, lots of cash, new equipment, 2x current ratio, infrastructure.   Etc etc
Comment by Bubbajohny50 on Jan 27, 2023 2:25pm
That is an understatement.  This is really starting to catch on.  Aecon, SNC, Lafarge of course are all starting to welcome it into their daily projects.  The MYO has given its approval.  If you don't believe me start asking around.  
Comment by Bubbajohny50 on Jan 27, 2023 2:26pm
MTO. Sorry.