Advertising

CVE:CBX

4.54
0.01 (0.22%) 1d
0
Showing 1 to 9 of 9 entries
  • «
  • 1
  • »
BUY
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.
Business Services
HOLD

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.

Business Services
COMMENT

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.

Business Services
RISKY BUY

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.

Business Services
COMMENT

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.

Business Services
COMMENT

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.

Business Services
PAST TOP PICK
(Top Pick Aug 16/10, Down 20.00%)
Business Services
BUY
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.
Business Services
TOP PICK
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.
Business Services
Showing 1 to 9 of 9 entries
  • «
  • 1
  • »

Cortex Business Solutions(CBX-X) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

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, there was no coverage of Cortex Business Solutions published on Stockchase.

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

Cortex Business Solutions was recommended as a Top Pick by on . 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?

0 stock analysts 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.