Q: Cematrix.This is a small Canadian company that manufactures and provides technologically advanced cellular concrete products. They seem to be getting some good contracts this year and have an interesting product. Please provide any comments. Thank you Gordo.
5i Research Answer:
Please also see this question; these general comments still apply. Market cap is currently $63M, with a 69% YTD gain. Positive momentum continues. Q1 results were good, with a 17% sales increase and positive cash flow of $4.8M. Since our prior answer earnings were the main news item, but CVX has also announced some new contracts which provide good revenue visibility. It remains an interesting small cap for sure, but on the somewhat expensive side at 23X earnings.