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Memex Inc V.OEE.H

Alternate Symbol(s):  MENXF

Memex Inc. is a Canada-based company, which is an industry internet of things (IIoT) company. The Company’s manufacturing operations management system (MOMS) software products include MERLIN Tempus, MERLIN Tempus EE, MERLIN FOEE, MERLIN CI, MERLIN Operator Portal, MERLIN ERP, and Ax2245 ScanGun Bar Code Scanner. The Company is engaged in the development of MERLIN Tempus, a platform that delivers real-time, tangible increases in manufacturing productivity. The MERLIN Tempus suite provides quantification and management of overall equipment effectiveness (OEE) by revealing hidden capacity using real-time objective data. Its IIoT Hardware products include Ax760 MTConnect, and MERLIN Adapter for Siemens SINUMERIK 840D. The Company’s hardware solutions offer manufacturers the essential link that allows manufacturers to connect machines together. Its DNC & Memory Upgrades products include MERLIN DNC, MERLIN Dostek DNC, Behind-the-tape Reader (BTR), and Memory Upgrade.


TSXV:OEE.H - Post by User

Bullboard Posts
Post by Hawkdogon Aug 31, 2016 11:59am
123 Views
Post# 25195646

Long - Clarus target of $0.90

Long - Clarus target of $0.90

Clarus Securities analyst Noel Atkinson has a “Buy” rating and one-year target price of $0.90 on MEMEX (TSXV:OEE), implying a return of 562.5 per cent as of today’s date!

Not only is MEMEX partnered with two industry giants (San Francisco networking giant Cisco and the Japan-based machine-tool giant Mazak) but their flagship product MERLIN delivers a 10%-50% average productivity increase, earns 20%-plus profit improvement based on just a 10% increase in OEE and achieves payback in less than 4 months with an IRR greater than 300%.

https://setyourstop.ca/memex-industrial-internet-things/

Bullboard Posts