Memex Inc V.OEE.H

RE:RE:For all the newbies - a quick refresher on OEE

[1969Enigma]

1969Enigma wrote: Good post.... and one that is actually about the stock rather than bashing one another on the board.

For those that do... you might consider hurling your insults at each other by private message.... or maybe have some self esteem and rise above the petty banter. If all else fails... then perhaps try the ignore button. Just a thought....

If there were newcomers to the board who are interested in this stock, they'd have to weed through an awful lot of nonsense to find any posts of relevance or value.

Birdlegs wrote: Here are the facts and insight from actually know a thing or two...

COLIN FISHER - STABLEVIEW ASSET MANAGEMENT (see below)
NOEL ATKINSON - CLARUS SECURITIES - 90C PRICE TARGET (see below)

ROB MCWHIRTER - https://smallcappower.com/expert-articles/robert-mcwhirters-top-stock-pick-soars-164percent-in-seven-months/ 

BNN -https://www.memex.ca/bnn-news-memex-praised-in-feature-on-investing-in-canadian-tech-companies/

CLIENTS OF MEMEX INCLUDE: BOEING, AIRBUS, FORD, MAZAK, MAGELLEN AEROSPACE

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I see some people hopping up and down trying to send the share price down.

I would say there are a number of strong fundamental and market reasons why the share price should hold in. This is of course barring a macro-economic shock that would send the whole market down.
 
1)     They just received about $800K from the warrant exercise.
         a.   This means they don’t need to raise dough for the foreseeable future. This materially takes pressure off of the stock.

2)     They are at IMTS which comes around only once every two years – this is a big deal.

3)     I believe that before and on the heels of an event like IMTS and the partnership with Mazak and Cisco that there could be additional news.

4)     Their financials are getting progressively stronger – so this is a strong signal to the market to anticipate the next quarter.
 
The one potential con is that the price has moved quickly to this level – so a reasonable pull back could be contemplated, but I think the first 4 reasons will win out in the medium, and possibly the short term as well.
 
Best regards,

Colin Fisher
Read more at https://www.stockhouse.com/companies/bullboard#7MiLygXbyreFwzXs.99

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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

Read more at https://www.stockhouse.com/companies/bullboard#TV7edwLyo10QlHEB.99