Cortex Business Solutions

CBX-X

Analysis and Opinions about CBX-X

Signal
Opinion
Expert
BUY
BUY
February 13, 2020
It is a greener form of cement. They use a lighter form of concrete to be a base, instead of Styrofoam. The product is fairly new but well received so far. They will probably look at making acquisitions.
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It is a greener form of cement. They use a lighter form of concrete to be a base, instead of Styrofoam. The product is fairly new but well received so far. They will probably look at making acquisitions.
HOLD
HOLD
December 2, 2016

A tech company based in Calgary. They have a platform through which oil companies can take in receivables. If you are a driller and work for an oil company, you would send in your invoice through this platform. Oil companies like this, because it allows them to save quite a bit of money. The stock has done poorly, because the oil market has been bad, and oil is their major customer. CEO is very good, and thinks he is going to turn it around.

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A tech company based in Calgary. They have a platform through which oil companies can take in receivables. If you are a driller and work for an oil company, you would send in your invoice through this platform. Oil companies like this, because it allows them to save quite a bit of money. The stock has done poorly, because the oil market has been bad, and oil is their major customer. CEO is very good, and thinks he is going to turn it around.

COMMENT
COMMENT
July 21, 2016

New management has been in for about a year, and have reduced expenses. The big challenge is that this company basically connects end customers, mainly in the oil patch, where there has been a reduction in drilling activity. He guesses that two thirds of their business is in the oil patch. They are now diversifying into other industries. If their transactions increase, then with a lower cost base, you will see significant positive business levered.

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New management has been in for about a year, and have reduced expenses. The big challenge is that this company basically connects end customers, mainly in the oil patch, where there has been a reduction in drilling activity. He guesses that two thirds of their business is in the oil patch. They are now diversifying into other industries. If their transactions increase, then with a lower cost base, you will see significant positive business levered.

SPECULATIVE BUY
SPECULATIVE BUY
August 12, 2015

Hasn't done well. An interesting software company that has a fast invoicing system that allows suppliers to invoice clients quickly. Saves their clients money. Did a reverse stock split 50 to 1, which was a bad idea.. Thinks it has bottomed. Has a new CEO that he likes. Looking at this as a turn around. They need to diversify beyond the oil businesses. He thinks they could have a lot of upside. High risk, high potential.

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Hasn't done well. An interesting software company that has a fast invoicing system that allows suppliers to invoice clients quickly. Saves their clients money. Did a reverse stock split 50 to 1, which was a bad idea.. Thinks it has bottomed. Has a new CEO that he likes. Looking at this as a turn around. They need to diversify beyond the oil businesses. He thinks they could have a lot of upside. High risk, high potential.

COMMENT
COMMENT
June 2, 2015

A tech company with an online accounts receivables system. Companies who employ it ask their suppliers to invoice them using this company’s technology, and they get paid on a per use basis. They dominated the oil/gas industry and have done very well there. The oil/gas business is hurting them a little right now and they have had a management turn over.

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A tech company with an online accounts receivables system. Companies who employ it ask their suppliers to invoice them using this company’s technology, and they get paid on a per use basis. They dominated the oil/gas industry and have done very well there. The oil/gas business is hurting them a little right now and they have had a management turn over.

COMMENT
COMMENT
January 28, 2015

A web-based software for invoicing, which allows corporations to speed up the invoicing system processes. Has been a bit of a laggard for the last few years. He and his subscribers have bought a lot of the stock, because they think it is going to turn around. Not so much the business, because the business does quite well. Their revenues grew 45% in the last quarter. This is more of a stock turnaround. If they can turn it around and start producing profits and telling the story better, it has a very bright future. He has told his subscribers to bid up to $0.10, but don’t go beyond that and let the sellers come to them.

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A web-based software for invoicing, which allows corporations to speed up the invoicing system processes. Has been a bit of a laggard for the last few years. He and his subscribers have bought a lot of the stock, because they think it is going to turn around. Not so much the business, because the business does quite well. Their revenues grew 45% in the last quarter. This is more of a stock turnaround. If they can turn it around and start producing profits and telling the story better, it has a very bright future. He has told his subscribers to bid up to $0.10, but don’t go beyond that and let the sellers come to them.

PAST TOP PICK
PAST TOP PICK
July 19, 2011
(Top Pick Aug 16/10, Down 20.00%)
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(Top Pick Aug 16/10, Down 20.00%)
BUY
BUY
November 26, 2010
Likes. Continue to execute strategy. Processes payments, purchase orders and receivables online primarily for oil/gas companies and hopes they will expand out of that. Early stage.
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Likes. Continue to execute strategy. Processes payments, purchase orders and receivables online primarily for oil/gas companies and hopes they will expand out of that. Early stage.
TOP PICK
TOP PICK
August 16, 2010
Enterprise network largely for oil/gas companies and suppliers for processing payments, purchase orders and receivables online, which eliminates paper/staffing. Also has connectivity to Blackberry for field work. About $2 million revenue growth but at the turning point of ramping this up.
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Enterprise network largely for oil/gas companies and suppliers for processing payments, purchase orders and receivables online, which eliminates paper/staffing. Also has connectivity to Blackberry for field work. About $2 million revenue growth but at the turning point of ramping this up.
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Cortex Business Solutions(CBX-X) Rating

Ranking : 4 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 1

Stockchase rating for Cortex Business Solutions is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

Cortex Business Solutions(CBX-X) Frequently Asked Questions

What is Cortex Business Solutions stock symbol?

Cortex Business Solutions is a Canadian stock, trading under the symbol CBX-X on the TSX Venture Exchange (CBX-CV). It is usually referred to as TSXV:CBX or CBX-X

Is Cortex Business Solutions a buy or a sell?

In the last year, 1 stock analyst published opinions about CBX-X. 1 analyst recommended to BUY the stock. 0 analysts recommended to SELL the stock. The latest stock analyst recommendation is BUY. Read the latest stock experts' ratings for Cortex Business Solutions.

Is Cortex Business Solutions a good investment or a top pick?

Cortex Business Solutions was recommended as a Top Pick by Bruce Campbell (2) on 2020-02-13. Read the latest stock experts ratings for Cortex Business Solutions.

Why is Cortex Business Solutions stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is Cortex Business Solutions worth watching?

1 stock analyst on Stockchase covered Cortex Business Solutions In the last year. It is a trending stock that is worth watching.

What is Cortex Business Solutions stock price?

On 2019-06-29, Cortex Business Solutions (CBX-X) stock closed at a price of $4.54.