PHX

0.00%

3.7¢ pharmx technologies limited

Thanks for the info roboshan. Corum may be an above average...

First 9 Last

Share
Profile

Follow
spider_webb

90 Posts.

1

02/04/18

13:29

Post #: 32166172
Share

Originally posted by roboshan ↑

If I understand Corum's Cloud based systems correctly its main benefit (apart from automated backup of data) is that the program operates from the Cloud based software and not off the hard drive of the master pharmacy computer. In case of internet interruption with the Cloud the pharmacy can still operate from the master as a backup system. With non Cloud based systems if you have a master hard drive crash or other local software problems you are non operational and relying on manual methods in the dispensary and front of shop until you get it fixed. So the Cloud based system are far more robust and reliable. So investing in upgrading Corum's software to a Cloud system is a very smart move for not just the present but for future developments.

The new developments in E-Health such as electronic health records will make connectivity of pharmacy patient records to other health providers much more important in the future. In future having pharmacy patient data in Corum's secure central Cloud based system will make connectivity far more efficient and reliable. Otherwise the National Prescription and Dispense Repository (developed by Fred for the Gov't) will rely totally on connectivity with more than five thousand individual Corum pharmacy clients. Development in this area is currently underway with all pharmacy software companies involved with the Australian Digital Health Agency.

E-health is an evolving story and I think Fred, Minfos, Simple Retail and Corum are best positioned. Not sure that RxOne, Z-Software and Mountaintop have the customer base to be long term players in an increasingly complex E-health network. Cloud based reliability, security and connectivity is a big part of this.

Still would like to see Corum involved in consolidation activity in the pharmacy software space.

Expand

Thanks for the info roboshan.

Corum may be an above average business in their niche and the future story may be interesting, but that doesn't mean they are going to be a great investment...

Qantas is a very well run airline, one of the best. Not a great investment though...

COO Price at posting: 2.6¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

FHE

Frontier Energy achieves key milestone for Waroona energy project

STX

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

EMD

Emyria's Empax Centre chosen for mental health clinical trial

RDN

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

AML

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

SBW

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

BRX

Belararox delineates another porphyry in Argentina at Tambo South

There are more pages in this discussion • 10 more messages in this thread...

First 9 Last

Add PHX (ASX) to my watchlist

(20min delay)
Last 3.7¢		Change 0.000(0.00%)		Mkt cap ! $22.14M

Open	High	Low	Value	Volume
3.7¢	3.7¢	3.7¢	$21.07K	569.4K

Buyers (Bids)

No.	Vol.	Price($)
3	489358	3.1¢

Sellers (Offers)

Price($)	Vol.	No.
3.7¢	121596	2

View Market Depth

No.	Vol.	Price($)
3	489358	0.031
2	567100	0.030
1	890000	0.029
1	219999	0.026
1	22901	0.025

Price($)	Vol.	No.
0.037	121596	2
0.039	112667	1
0.040	2502503	1
0.042	27000	1
0.047	220000	1

Last trade - 12.41pm 21/06/2024 (20 minute delay)

PHX (ASX) Chart

Thanks for the info roboshan. Corum may be an above average...

Frontier Energy achieves key milestone for Waroona energy project

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Emyria's Empax Centre chosen for mental health clinical trial

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Belararox delineates another porphyry in Argentina at Tambo South

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

Thanks for the info roboshan. Corum may be an above average...

Top Stories

Frontier Energy achieves key milestone for Waroona energy project

Strike Energy secures $153 million for Perth Basin gas projects

Plagues precede widespread power shifts. We’re living in one – and minerals are at the fore

Emyria's Empax Centre chosen for mental health clinical trial

If you thought lithium was dead, think again. The Pilbara will be central to the next upswing

Cultural heritage agreement puts Walford Creek exploration back on the map

With financials holding the fort, materials must step up with some heavy lifting to stimulate stocks

ASX Market Update: Shares fall flat as GYG soars on debut | 20 June, 2024

Shekel Brainweigh CEO Nir Leshem weighs in on AI adoption ahead of FY25

Belararox delineates another porphyry in Argentina at Tambo South

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News