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Vicplas Intl
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Construction Material & Bio-Medical Outsourcing
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Contratrader
Elite |
10-Aug-2020 12:38
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  Bros here all so bullish here..excited about mkt tomorrow .now holiday sian le.. 1 day less to chiong the mkt ,,hahaha..
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muifan
Supreme |
10-Aug-2020 12:33
Yells: "Take the leap of faith dont regret 20 years later!" |
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Master shadow
Shout jeep I think I better jeep don?t wait Liao
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MBULLISH
Elite |
10-Aug-2020 11:26
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569 forecast for the upcoming days based on software predictions from the data collected for the whole month of July! Goodluck guys who are invested!!
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MBULLISH
Elite |
10-Aug-2020 11:15
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I think got very good chance to goreng like UG It depends whether Vicplas will be announcing plans to expand further their capacity or not There may be more dividend this coming Sept result announcement Just wait for things to unfold Tomorrow opening another exciting chapter for Vicplas!!!!
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MBULLISH
Elite |
10-Aug-2020 11:13
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https://www.fortunebusinessinsights.com/industry-reports/in-vitro-diagnostics-ivd-market-101443 | ||||||||||||||||||||||||||||||||||||||||||||||||
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MBULLISH
Elite |
10-Aug-2020 11:03
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EAGER to tap Singapore' s growing reputation for healthcare innovation and to spread out risks amidst uncertainty elsewhere in the world, homegrown medtech firm Forefront Medical Technologies (FMT) made a concerted effort two years ago to diversify its product and service offerings. This involved pumping in S$1.5 million to refurbish and expand its cleanrooms, building up automation capabilities, and diversifying its talent pool.  
Today, the firm - which started its Singapore plant in 2000 and was originally focused on making just one specific product for anesthesia and surgery - finds itself pivoting into the diagnostics space, in line with demand amidst the Covid-19 pandemic. FMT, which was highlighted by Deputy Prime Minister Heng Swee Keat as a firm that has benefited from early transformation, has snagged four projects centred on Covid-19-related products. One of them involves producing 3D-printed nasal swabs, its president Walter Tarca told The Business Times. " In this time of Covid-19, everybody wants things done yesterday. In this regard, we have been able to make use of readily available space and our engineering people to fulfil customers' orders promptly," he said. Mr Tarca said his team saw the opportunity to widen the range of products manufactured in its Singapore plant after much of its low-cost operations were relocated to China. The firm set up two plants in China, in 2007 and 2013. " Singapore is seen by our customers, many of them multinational firms, as a very safe place. Customers value its integrity and reputation for innovation. And with the growing uncertainty between China and the United States, many preferred to have their operations based in Singapore," he said. In preparing to take up new projects here, FMT invested in cleaning room capacity, upskilled its engineers, and also hired employees who could perform functions in other phases of its value chain. It also acquired product design and development firm XentiQ, which enhanced its vertical integration. A year ago, FMT also set up a technical centre, which houses five employees tasked to develop and enhance the firm' s capabilities in serving new market segments. " Diversification is important to de-risk a company. Good companies do not put all their eggs in the same basket," Mr Tarca said. And its investment seems to have paid off. According to Mr Tarca, the company raked in S$45 million in sales revenue at the end of its financial year in July 2019, compared to S$31.9 million in July 2018. Its six-month sales revenue in January this year stood at S$29.8 million, compared to S$17.8 million in January 2019. Because FMT is involved in manufacturing products that help in the fight against the ongoing pandemic, it has been able to continue operations during Singapore' s partial lockdown. In the coming years, FMT plans to expand its presence in Singapore' s medtech scene, Eyeing in particular the production of in vitro diagnostics, which Mr Tarca said is a sub-segment that has not yet seen many players here. The firm is also looking at widening its use of 3D printing and automation, he added. " Singapore is very highly regarded as a centre of excellence in technology. It makes sense for us to explore innovations here that can help us offer products at a better price and value for customers," he said. |
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shadow11
Veteran |
10-Aug-2020 09:40
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This one I am with u.
Sexy story plus back up with fundamental. If bb fierce go goreng to 1$
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MBULLISH
Elite |
10-Aug-2020 09:27
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Anyone can estimate the profits for this end sept ?
I think it may be close to 8-10 mil dollars That translates to PE around 18-20 Based on 40 cent now If hit $1, the PE is around 35-40 But if January half year results improve further, Then PE ratio will drop to 20 plus |
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MBULLISH
Elite |
09-Aug-2020 21:14
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Accumulated quite a lot
Next move is 50s Tuesday is exciting Everyone Huat here in vicplas
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Stevenebc
Member |
09-Aug-2020 19:10
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BH global looks interesting too but low volume. | ||||||||||||||||||||||||||||||||||||||||||||||||
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wolverine23
Supreme |
09-Aug-2020 18:59
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Monitor Acromec. Possible.
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des_khor
Supreme |
09-Aug-2020 17:31
Yells: "Tell me who is God or Market Fortune Teller in this forum ??" |
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Which one ? Asian health or SingMed ?
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johnng
Supreme |
09-Aug-2020 17:28
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Next week surely got 1 stock rise like VICPLAS....Must all eyes see... | ||||||||||||||||||||||||||||||||||||||||||||||||
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Slowandsteady
Senior |
09-Aug-2020 16:30
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Yes, volume stabilised significantly over the past few days. BBs still accumulating aggressively, Still much room for another breakthrough 
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MBULLISH
Elite |
09-Aug-2020 12:57
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Tuesday open and still 30 mil plus shares traded, I think it will shoot through the roof before pausing retracement for next round.
will be exciting Tuesday. Many results coming out August will spill over everywhere in medical stocks
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wiltay
Master |
09-Aug-2020 12:46
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Happy National Day to all too....  may the huat force to all medtech investors...    |
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churnw
Elite |
09-Aug-2020 12:45
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Right now will shoot up .. for the next week .
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muifan
Supreme |
09-Aug-2020 12:44
Yells: "Take the leap of faith dont regret 20 years later!" |
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I tot they reporting in sept is latest already
Why are they reporting in Dec so late ?
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MBULLISH
Elite |
09-Aug-2020 12:24
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Happy National Day everyone
SG55 Next week Vicplas SG55 lets Huat together 55 cent Hehe |
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MBULLISH
Elite |
09-Aug-2020 01:48
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Public float 62,275,521 444,941,178 hold tightly by 29 shareholders 507,216,699 Total shares Assuming so many years This 29 shareholders didn?t sell Number of shares traded past week Aug 3 4.3mil Aug 4 2.9mil Aug 5 7.9mil Aug 6 33mil Aug 7 37mil Available 62 mil shares . With so many shares traded or pick up, is there really so many buy sell queues on both sides of the depth? From the values suggested, I calculated the shares are already in strong hands. Very similar to the kind of float UG holds That?s why UG fly so fast and the volume thin down due to its expensive price now. With such Perpetual High demand vs Low supply, $1 May be achievable and if the results on end Sept can justify, it will be awesome Invest with only the monies you can afford in such medical bull which is expected to last for another year to 2021. |
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