Tuesday, December 12, 2017 3:14:05 PM
<<Is Cemtrex Inc’s (CETX) PE Ratio A Signal To Buy For Investors?
I did have another investment in a company called, I think, MCSI, a couple of years ago. It was an audiovisual company that grew by addition significantly. Problem was, there were some shady things going on there that didn't come out for a while and investors were left holding the bag. So when it comes to these smaller companies growing significantly by adding additional pieces, especially when they aren't part of their core competencies, I get a bit suspicious. The Key Tronic offer, for me, was a bit unusual. Maybe it is part of doing business that I don't understand but with my previous apprehensions related to MCSI, I sold about 2/3rds of my position within the last month. Hopefully, I am wrong about all of this. Good luck out there.
Recent CETX News
- Cemtrex, Inc. Announces Pricing of $10 Million Upsized Underwritten Public Offering • GlobeNewswire Inc. • 05/01/2024 12:59:00 PM
- Cemtrex’s Vicon Industries to Attend ISC West 2024 • GlobeNewswire Inc. • 04/09/2024 12:30:00 PM
- Vicon to Showcase Their New Unified Cloud Solution with Groundbreaking Face Authentication and Person of Interest Tracking at ISC West 2024 • PR Newswire (US) • 04/07/2024 11:25:00 PM
- Cemtrex’s Advanced Industrial Services Secures New Orders Totaling $2.1 Million • GlobeNewswire Inc. • 03/11/2024 12:45:00 PM
- Cemtrex Announces Beta Release of Pioneering AI Gun Detection Feature • GlobeNewswire Inc. • 03/06/2024 01:45:00 PM
- Cemtrex Issues Shareholder Letter and Provides Corporate Update • GlobeNewswire Inc. • 02/28/2024 01:30:00 PM
- Cemtrex Reports First Quarter 2024 Financial Results • GlobeNewswire Inc. • 02/12/2024 09:20:00 PM
- Cemtrex to Host First Quarter 2024 Financial Results Conference Call on Monday, February 12, 2024 • GlobeNewswire Inc. • 02/09/2024 01:30:00 PM
- Cemtrex Receives $0.8 Million Additional Vicon Industries Order from School District Customer • GlobeNewswire Inc. • 02/01/2024 01:30:00 PM
- Cemtrex Receives $3.8 Million for Two Advanced Industrial Services Projects • GlobeNewswire Inc. • 01/31/2024 01:30:00 PM
- Cemtrex Inc. to Reconvene Special Meeting Of Series 1 Preferred Stock Shareholders on Friday December 29, 2023 at 12:00 pm. Eastern Time • GlobeNewswire Inc. • 12/28/2023 02:15:00 PM
- Cemtrex Reports Unaudited Fourth Quarter and Full Fiscal Year 2023 Financial Results • GlobeNewswire Inc. • 12/21/2023 09:35:00 PM
- Vicon Boosts its Unified VMS Platform by Integrating with Omnilert's AI Visual Gun Detection System • PR Newswire (US) • 12/19/2023 09:11:00 PM
- Cemtrex to Host Fourth Quarter and Full Fiscal Year 2023 Financial Results Conference Call on Thursday, December 21, 2023 • GlobeNewswire Inc. • 12/07/2023 09:15:00 PM
- Cemtrex Subsidiary, Vicon Industries, Launches Anavio, A New Cloud Based, Security Software-as-a-Service Platform For Safer, Smarter Schools • GlobeNewswire Inc. • 10/10/2023 01:00:00 PM
- Cemtrex Receives $1.0 Million Contract from Pennsylvania Borough Stewartstown • GlobeNewswire Inc. • 09/26/2023 12:30:00 PM
- Cemtrex Receives to Present at LD Micro Main Event XVI Conference on October 3, 2023 • GlobeNewswire Inc. • 09/20/2023 12:30:00 PM
- Cemtrex Receives $1.5 Million Upgrade Order for Vicon Valerus System from Correctional Facility in Maryland • GlobeNewswire Inc. • 08/29/2023 12:30:00 PM
- Cemtrex Announces Share Repurchase Program for Series 1 Preferred • GlobeNewswire Inc. • 08/23/2023 01:00:00 PM
- Cemtrex Reports Third Quarter 2023 Financial Results • GlobeNewswire Inc. • 08/10/2023 08:15:00 PM
- Cemtrex to Host Third Quarter 2023 Financial Results Conference Call on August 10, 2023 • GlobeNewswire Inc. • 07/26/2023 12:30:00 PM
- Cemtrex Closes Acquisition of Heisey Mechanical Ltd. to Expand AIS Industrial Segment • GlobeNewswire Inc. • 07/07/2023 12:30:00 PM
- Cemtrex to Acquire Mechanical Contracting and Steel Fabrication Company to Expand AIS Industrial Segment • GlobeNewswire Inc. • 06/08/2023 12:30:00 PM
- Cemtrex to Present at LD Micro Invitational XIII Conference on June 6, 2023 • GlobeNewswire Inc. • 05/23/2023 12:30:00 PM
- Cemtrex Reports Second Quarter 2023 Financial Results • GlobeNewswire Inc. • 05/11/2023 08:15:00 PM
ILUS Files Form 10-K and Provides Shareholder Update • ILUS • May 2, 2024 8:52 AM
Avant Technologies Names New CEO Following Acquisition of Healthcare Technology and Data Integration Firm • AVAI • May 2, 2024 8:00 AM
Bantec Engaged in a Letter of Intent to Acquire a Small New Jersey Based Manufacturing Company • BANT • May 1, 2024 10:00 AM
Cannabix Technologies to Deliver Breath Logix Alcohol Screening Device to Australia • BLO • Apr 30, 2024 8:53 AM
Hydromer, Inc. Reports Preliminary Unaudited Financial Results for First Quarter 2024 • HYDI • Apr 29, 2024 9:10 AM
Avant Technologies to Implement AI-Empowered, Zero Trust Architecture in Its Data Centers • AVAI • Apr 29, 2024 8:00 AM