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Bullboard - Stock Discussion Forum Memex Inc. V.OEE

Alternate Symbol(s):  MENXF

Memex Inc is a technology-based company which operates from its rented facilities in Burlington, Ontario. It develops, commercializes and manufactures a suite of products for its customers in the discrete manufacturing and aerospace sectors worldwide. Its flagship product MERLIN is a software-driven IIoT communications platform that provides manufacturing analytics in real time. MERLIN connects to any machine, old or new, utilizing native MTConnect or hardware adapters for older machines. Geographically the group's operations are primarily functioned through Canada.

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RE:Looks Like

Now that QTR report is released, I am afraid we will get stuck into a 1-year 1-2 cent flatiner with a dried up volume like in 2020. Hope I am completely wrong! I would be extremely pleased to see OEE...read more

Looks Like

 all the bad news was priced in. back to profitability next quarter, maybe oee can reach 3 cents. LOL  rate and reply

New Press Release - Memex Inc. Reports Q2-2022 Results

BURLINGTON, ON / ACCESSWIRE / May 26, 2022 / Memex Inc. ("Memex" or the "Company") (TSX-V:OEE), a leader in Industrial Internet of Things (IIoT) manufacturing productivity software, released financial and operational highlights for its second quarter ending March 31, 2022. All results are...read article.

RE:Now 1 Penny

This is not an easy stock to hold: dead money and portfolio value decreaser is what comes to mind. The coming QTR better be good, because we could be stuck with an underwater position for a long time.  rate and reply

Now 1 Penny

a true penny stock lol, everything is being hit. i think memex is  worth the risk to buy at this level.  rate and reply

RE:RE:52 week low

Ya I hate to say it but the price pushing down ahead of financials makes me nervous. At these levels in the long run we are either going to 0 or going up 10 times. we may have another 2 years of...read more

RE:52 week low

There we are: 1.5 cent ask now! Total nightmare.  rate and reply

RE:Q1 results???

Usually they are filed around May 26th each year so we will have to wait until then.  rate and reply

Q1 results???

When do Q1 results get released???  rate and reply

52 week low

1.5c the new 52 weeks low. i am afraid we will see 1.5c ask. I have rarely seen a stock easier than this one to easily get millions of shares. 1 million shares at 1.5c gives you a position of 15000...read more

flatliner

The problem with this stock is the price chart that is almost a horizontal line. Anyone think a reverse split would improve this?  rate and reply

This is why

Q2 AND Q3 will be much better, also covid will be a non factor maybe the stock can get up to the high single digits. First quarter bookingsi, totalled $956 thousand versus $478 thousand in...read more

RE:NEWS???

Not sure, the next set of financials is usually end of February but clearly something is causing some shares to move. Maybe we will see a news dump Friday afternoon  rate and reply

RE:NEWS???

I have no idea but 2 cents sell off? Really? Are you kidding me?  rate and reply

NEWS???

Something is going on........trades over 1.1M so far today!!! Anyone have any news as to whats happenning???  rate and reply

RE: RE:RE:RE: Q4-2021 Results

I think you are right, if Memex can continue to be profitable the SP will begin to rise again. Right now the market cap does not reflect the software and current customer base they have built. The SP...read more

RE:RE:RE: Q4-2021 Results

more information on the way with Q1 a month away. i think we will see Q2 and Q3 much better results with covid not as big as a factor. Management commentary: “A year ago, Memex transitioned our...read more

RE:RE: Q4-2021 Results

I guess we could look at this a couple different ways: 1. They aren't winning much new business to add to their backlog. OR 2. They are consistently winning new work but completing it faster so...read more

RE: Q4-2021 Results

Better than expected aside from this: Finished the quarter with $515 thousand in project backlogii, down 59% from September 30, 2020; Maybe they fixed this problem in Q1?  rate and reply

Q4-2021 Results

BURLINGTON, ON / ACCESSWIRE / January 13, 2022 / Memex Inc. ("Memex" or the "Company") (TSXV:OEE), a leader in Industrial Internet of Things (IIoT) manufacturing productivity...read more