| Latest Forum Topics / Memtech Intl |
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Memtech - Good company to hold long term
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anonymoustrader
Member |
07-Jun-2017 15:40
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Not end of bull trend right | ||||
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bluekelah
Senior |
06-Jun-2017 14:15
Yells: "lock and loaded..." |
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More pushing yesterday. But its reaching NAV soon, can take profit liao. HUAT AH... http://research.sginvestors.io/2017/06/singapore-stock-alpha-picks-uob-kay-hian-research-2017-06-05.html |
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bluekelah
Senior |
06-Jun-2017 14:13
Yells: "lock and loaded..." |
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http://research.sginvestors.io/2017/05/memtech-international-mtec-sp-uob-kay-hian-2017-05-30.html UOB pushing TP $1.15
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Wind22i
Supreme |
06-Jun-2017 13:04
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Seem like Prc co price now heading towards holland.. | ||||
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bluekelah
Senior |
06-Jun-2017 09:26
Yells: "lock and loaded..." |
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Yes big volume changing hands. Not unusual for this stock since the last run. Boss buy in 90c++ early may so next q should be gud. Hang on. But if hit over NAV around $1.15 I will be profit taking. fingers crossed. HUAT AH!!! | ||||
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HVRRVH
Elite |
05-Jun-2017 11:00
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1.01!
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HVRRVH
Elite |
31-May-2017 17:13
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Like yo-yo swinging up and down. It's ok as long as it stay above 90 cents👍
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bluekelah
Senior |
31-May-2017 16:51
Yells: "lock and loaded..." |
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UOBKayhian analyst report yesterday push price to 96c, However today drop back to 93c. http://research.sginvestors.io/2017/05/memtech-international-mtec-sp-uob-kay-hian-2017-05-30.html  
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HVRRVH
Elite |
29-May-2017 17:21
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Knocking at $1 soon hopefully. | ||||
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bluekelah
Senior |
26-May-2017 16:47
Yells: "lock and loaded..." |
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No NAV no sell lah, the edge story seems to have increased trading to all time highs 2m+ traded today. | ||||
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HVRRVH
Elite |
26-May-2017 12:52
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Went up so much cause me thinking of selling some... but also thinking could this be like AEM and/or UMS? Ok no matter what do nothing for today first. | ||||
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HVRRVH
Elite |
26-May-2017 09:33
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Covered in the edge magazine today. Luckily didn't get influenced by direcotor's spouse selling. | ||||
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HVRRVH
Elite |
25-May-2017 19:50
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Agree with your view. 55 cents I also held on so I am unfazed by the price fluctuations. I see that the dividend should be sustainable so no plan to divest if the price is within current range.
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bluekelah
Senior |
25-May-2017 18:20
Yells: "lock and loaded..." |
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going up again but up and down, not stable, I think someone is playing around the stock. In any case hope 2Q result is stable but memtech usually dun do interim div, so I think slowly will no interest in this stock once the current craze for manufacturering stocks finish up. SG manufacturing already shows a slowdown in 1Q. Caixin PMI also almost negative again last month only 50.2 i think next month might be negative liao.
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HVRRVH
Elite |
24-May-2017 20:49
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Holding this for the past 2 years, relative short time but intend to hold longer. Thus far, I have collected 5.8 cents dividends. Price hit the low at 55 cents and high at 90 cents during my holding period. At times the price was below my cost price but at current price the paper gain is 28.8% with   dividends recevied factored in. The management is capable and shareholders friendly, with strong balance sheet and share price below NAV plus 40% dividend policy, I intend to stay vested for long term.  | ||||
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bluekelah
Senior |
24-May-2017 15:24
Yells: "lock and loaded..." |
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nope i already loaded up my allocation for this stock around 62c-63c time, when STI index was lower and they had resumed profitability. Will be holding till at least NAV to sell. Short term up and down doesn' t really concern me too much, not a day trader. SSH bought at 85.5c recently, so seems encouraging for next q results, but I think drop in auto sales in china and slowdown will make the next q results flat or dip a bit. The revenue from auto side shoud be around 40%+ to 50% liao so any slowdown in auto industry in China will affect Memtech, hence my projection. Longer term memtech should do well with the Apple Beats contract so long as Apple doesnt ' tua' them again. The contracts for Tesla and car parts producer Faurecia will also be good revenue coming in.  
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n3wbie
Elite |
24-May-2017 15:06
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all the manufacturers have been rerated and whole sector is flying up today. Memtech seems to be way lagging its peers. probably one of the few manufacturers still trading under book value (US$0.80 which is equivalent to about S$1.11). CIMB has a TP of S$1.09. | ||||
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Jfierce
Senior |
15-May-2017 17:43
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It seems that you have sold already? since you foresee it dropping
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bluekelah
Senior |
11-May-2017 08:42
Yells: "lock and loaded..." |
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I am surprised it rebounds, perhaps good sentiment in the market now. However I think this is short term, could very well go back lower. Depends on this q result which may not be so spectacular as China car sales was down this year from the sales tax hike. Year end christmas boom season also over for consumer electronics.
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HVRRVH
Elite |
10-May-2017 08:30
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If you can hold for long term. You see, big volume again and price went up. Director' s spouse' s holding was not much and sometimes, for whatever reasons, a decision is made to sell. Perhaps need money for somehting else, perhaps to cash in, perhaps for new investment elsewhere etc etc. NAV is around $1 so maybe want to sell nearing there? For me, I know the company is generous on dividend. In lean time they also tried and gave dividend. In good time, they usually payout around 40% of net profit. If the share price sustained at reasonable level, I will stay vested for the dividend yield.  
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