Latest Forum Topics /
Medtecs Intl
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The next journey
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TA_Expert
Supreme |
10-Nov-2021 00:36
Yells: "The World has changed" |
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Simply because there are still many diehard fans calling no $3.88 or $4, no sell. They continue to think that the pandemic will continue for years, so that all these medical related companies can continue to draw huge profit margins. In fact, this pandemic is much longer than SARS, so it gave the impression that it will continue for 5-10 years. Everytime, there is a news on new variant emerges, these people got many excited, and they are convinced that that the pandemic will continue for more years to come.
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iinvestor
Veteran |
09-Nov-2021 21:40
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Already advise sell many months ago....still got promoters talk n talk. NATO speaks a lot abt quality of this mgt and of course what was a lousy business before pandemic and still is. My last post. | ||||
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yumsang
Member |
09-Nov-2021 16:53
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已 经 回 到 解 放 前 | ||||
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jackjack
Veteran |
09-Nov-2021 16:35
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Another new low. Quote by some guy who ask you to believe him that we buy lowest and sell highest, " few cents only, just noise" . After drop to 20c region also few cents. Dont worry ya Well well, past 1 month already drop 20%, if you buy earlier, worse still. Good luck to those who believe the clown. |
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moron101
Supreme |
09-Nov-2021 14:55
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Going to have short squeeze this week. Medtecs's NAV is 46 cents. don't sell cheap. | ||||
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ec0101
Veteran |
08-Nov-2021 18:50
Yells: "Do what you have to do." |
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Actually, in all fairness, I still think Medtecs is doing very well compared to pre-covid. However, as this year financials have shown, the sales have been going down in comparison to last year.  Forward looking market will say that the true value of their yearly revenue remains a big question mark as there is currently still no signs of stabilisation in their sales and revenue. If they can continue keeping up their revenue for the next few quarters without it dropping, I think only then you can really use the NAV/PE to determine value. At this moment, it is all but speculation. One of the key reasons as to why I sold, despite the company management previously harping on the mainboard transfer, there has been no actual action taken. It' s been a year now since their mainboard application and there have been no consistent updates, no follow up with SGX, nothing. Moreover recollecting how they previously assured the stockholders that the demand is still there and that the prices of PPE and raw materials have somewhat stabilised, the latest financials definitely does not seem to be reflecting this. 
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bxylqwan
Master |
08-Nov-2021 15:55
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Good luck. Doubt it will take long before you can " nibble" again at the 0.2x range classic example of a bottomless pit
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Longtermer
Elite |
08-Nov-2021 15:20
Yells: "A disciplined investor is a wealthy investor" |
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I am nibbling recently. Sold substantial holdings 5 to 6 months back but at this level, its time to accumulate imo. Taiwan TDR is trading at about 60c and closed about 0.5% up today. Wish me luck.. Cheers.   |
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Stocky901
Supreme |
08-Nov-2021 14:40
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Below 30 cents soon. Cut loss now. No regret. 🤕 🤕 | ||||
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jackjack
Veteran |
08-Nov-2021 13:35
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Great that you understand. Just there are always people bring up the history, past dividend, past profit and those NAV or PE nonsense to tell you how undervalue is it. Many end up will actually realize that there are stock traded well below their NAV for many years. NAV for manufacturing business really means nothing. Those can generate gain like AEM, UMS they can trade way high than their NAV because they are consistance generating high profit. Market is always forward looking. Even though covid is still on going, the company profit already sink terribly, way faster than other PPE counter. As said, no more new catalyst as world is working toward normal life. Seriously dont understand people still think this counter has high growth. Demand for ppe has peak previously and wont go up anymore, in fact is either going to stay or go down. Supply has been going up due to mass expansion previously. So where is the growth moving forward? I dont see medtecs venture into something which has potential with their cash. Like you said, the management are also NATO. And remember, before covid medtecs is a penny stock that doesn' t earn alot of money. Trust me, if they going to do better in H2, they will be the first to come out with a profit guidance announcement to show off. That is how medtecs works all the while in the past I have previously said before i have no prejudice on this stock and have no problem buying medtecs, if they are show or proof they can do well moving forward, but things are pretty clear on the table now. Just dont understand why people stiil delibrately to paint false nice picture to lure victim into this stock, maybe want some blacksheep for them to unload. And then they about being kind. I dont know whether telling the truth are kind people, or dragging people to sinking ship for their own benefit are kind people
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ec0101
Veteran |
08-Nov-2021 13:07
Yells: "Do what you have to do." |
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I' m not sure if anyone still remembers me, but I have been holding this stock for a very long time. To clear my position on the matter, I have sold out at a huge loss at 0.385 back in September. I personally see this as a big failure on my part for being stubborn and sticking to the fundamentals where I kept holding onto the fact where Medtecs profit is now way over what it used to be pre-covid, and the fact they' ve improved their supply chain, gone B2B, increased their profit margin due to OBM model... and it was still undervalued even at that point when I was in the green. Lesson to learn here, fundamentals alone mean nothing if there is no real support from the management. Someone mentioned NATO, and that applies the same to the management of Medtecs. After those small buybacks, nothing else has been done. Same for the news about moving to the mainboard. The sessions held previously together with UOB, Kim Eng, Philips and etc, all the reassurance about continuous good profit/sales, where have all those gone to? I finally decided enough is enough, truly regret that I did not follow people like Greg who sold off at $0.8X where looking back now, it is so much better than its current price. From the way I see it, there' s really no new catalysts for this stock. Unless a new pandemic starts. |
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Longtermer
Elite |
08-Nov-2021 12:00
Yells: "A disciplined investor is a wealthy investor" |
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Longtermer
Elite |
08-Nov-2021 11:42
Yells: "A disciplined investor is a wealthy investor" |
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Interesting to read ppl always said once pandemic is over, stock price go to old price.. Just want to share some views here. First, is the pandemic over? What is the new normal living with covid? The fact is covid cases are still high especially in our home country, nearby SEA countries, USA and Europe where Medtecs mkt is.. check it out. Living with Covid does mean hospitalisation rate are elevated, more medical facilities are created and many businesses need PPE for protection for both employees and customers etc unlike before .. Surely the panic buys are over and ASPs are down but sales volume i believe is still much higher than before. Medtecs are manufacturing PPE protective gowns and not just masks. They are working with gov bodies. The company has a cash and trade receiveables of US110m or $149m. NAV is 46c and make 4.7c for H1. The company is net cash and will still profitable going fwd. The money will not disappear but be used for expansion to genearate more earnings or may even be distributed to shareholders. The company is in a very good position imo.. Now trading 33.5c and ppl still shouting sell and sell. Worse is these ppl defaming CEO and the Yangs for manipulation and scaming etc. Why? Must have big short position?? Hope Medtecs mgtm ppl will act or do something against such ppl spread fear and falsehood. Guys, listen to all views and be steady. Yes, Dyodd and decide.   |
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Giant8888
Senior |
08-Nov-2021 11:33
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Agreed! Load up to support too. Oversold territory
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Arch1984
Member |
08-Nov-2021 11:27
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Bought a bit to support. More for long term holding. Price is below NAV and earnings if drop by half is still fairly decent at above 10%. I expect the need for PPE to continue but prices for them will remain competitive (i.e. no more super profits). |
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akasa888
Veteran |
08-Nov-2021 10:34
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To these people, my advice is to exercise a bit of kindness 
 
to those who have lose big in this  stock and are hoping for a rebounce
 
Kindness is more than deeds, it is an attitude, an expression, a look, 
 
a touch that lifts  another people.
 
For all medtecs supporters, I don' t think they welcome or respect any armchair critics
 
sentencing all the buyers to death.
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akasa888
Veteran |
08-Nov-2021 10:00
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All these naysayers have no position Yet want to talk so much, talking like a judge waiting to sentence  everyone to death It is a fact that the profit will be more than USD 40 millions for this FY Really from NATO - No Action, Talk Only |
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jackjack
Veteran |
08-Nov-2021 09:48
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Aiya this people. When 38c up to 40c he come here show off "see is coming". No drop to 35c then tell you is few cents. Drop to 10c also tell you is few cents. Sounds like typical scammer right. Always tell you how well they do in stock where they buy lowest sell highest, then ask you to load all this sinking stock with bad intentions. Want listen to them, go Holland lor. When people pinpoint him, he come say ALLL THESE NAYSAYER NAYSAYER NAYSAYER. So damn obvious trend. Dont know this guys is typical invesrment scammer or Yang Yang hire one. Telling people 40mil FY profit LOL really a joke. Ohh ya today another new low ya, i hope people dont still live in pandemic with this naysayer guy. Hahahaha
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akasa888
Veteran |
07-Nov-2021 10:18
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In a range means if it comes down to a certain level, people will come in and
 
buy and sell at the top range. So, the price is strongly supported at that level. 
This will keep on trading at this range until the company announce a positive development  
For a trader or investor, it is very important to see where the level of support is.
 
That is where you start to whack big.
 
This stock is not dead, it will still make a profit of at least USD 40 millions in this FYI
 
For a trader or investor, it is very important to see where the level of support is.
 
That is where you start to whack big.
 
This stock is not dead, it will still make a profit of at least USD 40 millions in this FY
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peterwong321
Veteran |
06-Nov-2021 17:42
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In stock there is no range, is the people power will determine the price no buyer how to go up and no seller how does it come down 
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