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Memex Inc. V.OEE

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an Industry Internet of Things (IIoT) company. The Company’s segments include Software licensing, Hardware, and Support services and installation. Its flagship product, MERLIN Tempus, is a software-driven communications platform that delivers manufacturing productivity metrics, including Overall Equipment Effectiveness (OEE) in real time. MERLIN measures and analyzes manufacturing and production performance and provides its users with real-time insights on operational efficiency, as well as unparalleled visibility at all levels of the manufacturing process. Its MOMs Software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP and Ax2245 ScanGun Bar Code Scanner. Its IIoT hardware products include MERLIN MTC-One and Merlin Adapter for Siemens SINUMERIK 840D. Its DNC & Memory Upgrades products include MERLIN DNC, MERLIN Dostek DNC and more.


TSXV:OEE - Post by User

Comment by Geckom24on Jan 28, 2022 10:05am
174 Views
Post# 34370804

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

RE: RE:RE:RE: Q4-2021 ResultsI 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 is reflective of the last 2 years looking like Memex was going to 0. Now if they can continue to be profitable and build some cash, repay debt & provide positive outlook on sales the SP will float up significantly. The market will likely remain skeptical for another few quarters unless they hit on some large orders but Im bullish that this stock has gone through the worst times and can regain a market cap that reflects the long term potential of the company


GLTA

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