Latest Forum Topics /
Medtecs Intl
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The next journey
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ec0101
Veteran |
08-Oct-2021 11:07
Yells: "Do what you have to do." |
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Profit margin aside, I think the main issue is the supply and demand. Medtecs 1HFY21 actually shows that their profits are a lot better (compared to years back) despite the fact that PPE prices have dropped and are somewhat stabilised. This is mainly because of their change in business model to go from OEM to OBM. Yes, the demand is going to be around for a long time, but yet if we make reference to the 1H FY21 announcement, their sales dropped a whole lot compared to 1HFY20 and that contributed to a crazy drop from 0.85 > where it is now 0.41. over 50% drop.
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ec0101
Veteran |
08-Oct-2021 11:00
Yells: "Do what you have to do." |
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As much as I believe this counter is way undervalued, this counter really has too much manipulation. Only if you got the time to monitor minute changes... else really best to avoid. The sudden burst this morning can be either one of the following:- 1. Some parties have good news about the coming third-quarter results (last year announced on 13th Oct 2021) 2. Some parties are creating a false sense of item 1 to trap others to buy in due to FOMO but thereafter start selling heavily later on third-quarter news. 3. Some parties have material good news that has not been disclosed via official channels. Do your own due diligence. |
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ETLee8
Master |
08-Oct-2021 10:45
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Ha Ha Ha, my toes laughing. The person that makes the most money in this saga is Lau Yang.  Probably in the region of $500miliion dollars. Why leh ?, Use your imagination lah.
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CheongArgh
Master |
08-Oct-2021 10:41
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Agreed....now that sustainability have been established, it is equally important, if not, should be more important.....
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Midtermer
Master |
08-Oct-2021 10:29
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main board listing maybe? Hopefully medtecs will follow up with positive announcement today. | ||||
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boyboy61
Supreme |
08-Oct-2021 10:28
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Yes, PPE, gloves and the rest are still needed. But need to remember the profit margin is more important. Dyodd
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CheongArgh
Master |
08-Oct-2021 10:19
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Yes, very likely.....looks like it' s institutional buying today.....
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akasa888
Veteran |
08-Oct-2021 10:18
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Yes, PPE is now the SOP for hospitals all over the world
 
In the past, PPE did not sell well because it was hardly needed. 
 
 
Medtecs being an internationally recognised, certified and trusted brand will definitely
 
benefit for the years to come. 
 
Don' t forget, they supply PPE to hundreds of hospitals all over the world
 
That is why Lau Yang is working so hard that he doesn' t even bother about the share price.
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Midtermer
Master |
08-Oct-2021 10:14
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happy to see this rebounding off 365 potentially forming a double bottom TA wise. Better not to chase for newcomers as this counter is heavily manipulated. Dyodd. | ||||
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Hector
Veteran |
08-Oct-2021 10:06
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who knows TH might relook healthcare sector for their investment portfolio, since most countries with decide to live with covid19, so PPE will be a necessity for long long time. So business outlook is good and PE should not be so low. DYODD  |
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akasa888
Veteran |
08-Oct-2021 10:04
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For Medtecs, fast and furious is the game once they are in Not too late for those whose who still don' t believe Price still cheap |
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CheongArgh
Master |
08-Oct-2021 09:59
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WOW !!!!! Siao liao lah.....look at the way it CHEONGGGGG.....
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piscesmonkey
Supreme |
08-Oct-2021 09:56
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Sorry wrong thread haha👍
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SG-Insider
Veteran |
08-Oct-2021 09:50
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Congrats to Meditec holder...still got hope in this counter
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CheongArgh
Master |
08-Oct-2021 09:50
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Yup, yup, not bad, not bad, 6 pip profit. Bought 114, sold at 120.....5k+ profit, easy, easy.....![]()
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3jhuat
Member |
08-Oct-2021 09:47
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Just by looking at the volume of Medtecs, supporters should be very happy.
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akasa888
Veteran |
08-Oct-2021 09:33
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Slow and steady, this is just the start More to  come.... Those who have placed their faith and believe in Medtecs will be richly rewarded All the signs are there |
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akasa888
Veteran |
07-Oct-2021 11:27
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Thank you, lailai for the very useful info. I will buy one box to keep
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akasa888
Veteran |
07-Oct-2021 09:12
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Yes, this " Lau Yang" only know how to work and do good
 
He has always been like that, very humble and low key
 
He work hard for the company, not like some other company that only 
 
concentrate/speculate on their share price. 
 
Government all over the world know that they have to live with covid, it will not go away
 
1st jab, 2nd jab, now 3rd jab also no use. Yet people refuse to believe that we have to live with it.
 
Yesterday, record of 3577 casese and 3 more death
 
Death is knocking on our door and yet people still think that this is a one time wonder.
 
I pity those that invested in airline, hotel, F & B, events, construction etc because these companies will not see 
 
the daylight. It' s a matter of how long they can tahan losing money
Rather than putting my money in the bank, I am putting it on Medtecs Must support company that do good for mankind  
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lailai
Elite |
07-Oct-2021 08:08
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Yes, Respire Aid is available in Singapore. Not cheap, $90 for a box of 20 satchets. Got distributor in S' pore and also can get from Shopee. Only for use in treatment when there are symptoms of covid infection. And not for prevention which we all know is by vaccine, safe distancing, wearing masks, avoid crowded places, etc, etc. Think it is widely used in Taiwan hospitals and clinics, that could be the reason why they were able to quickly overcome their recent covid spread. Maybe good to buy for emergency standby when got mild symtoms. Note: herbs are for treatment, not for strengthening body immunity or prevention.  Think Medtecs management has adopted a humble attitude, published only in their own website, and not blah here and blah there, and not even supporting their absurd low mkt price, which seems obviously manipulated by BBs and their kakias. Quote from their low key website: &ldquo Medtecs is committed to combating the COVID-19 pandemic at home and abroad. With RespireAid (NRICM101), we hope to safeguard the health of the people in the Philippines and Cambodia and to share this wonderful Taiwan-developed remedy with the world,&rdquo remarked Mr William Yang, Medtecs Group CEO. Medtecs has long established a strong presence in the Philippines and Cambodia and is currently the biggest non-China-based personal protective equipment (PPE) provider in the Asia Pacific region. Medtecs believes the distribution of RespireAid (NRICM101) will further enhance the company&rsquo s position as a total solution provider for everyone&rsquo s infection prevention and health needs.
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