Latest Forum Topics /
Medtecs Intl
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The next journey
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morventay
Member |
29-Sep-2021 11:18
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sian, oceanus also exit watchlist liao... but MT still haven' t transfer to Mainboard. | ||||
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jackjack
Veteran |
29-Sep-2021 11:09
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Sg side wont go up, only see by when taiwan side come down to close up the gap
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leroy55
Veteran |
28-Sep-2021 17:07
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Joseph thanos has been removed so happy he won' t misled | ||||
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money4life
Senior |
28-Sep-2021 11:44
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Sad to see the difference in price. I think is because maybe not be enough interest here, that' s why played by shorties
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peterwong321
Veteran |
28-Sep-2021 11:35
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My uncle brought $1.10 also never run, mortgage his condo to keep now he is moving to HDB Flat, he told me once go back to $2 he will move to a bigger condo | ||||
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Longtermer
Elite |
28-Sep-2021 11:29
Yells: "A disciplined investor is a wealthy investor" |
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Taiwan side trading 15.5twd or about 76c. Nibble nibble.. cheers.
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lailai
Elite |
28-Sep-2021 11:13
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TW$15.55 or S$0.76, while here in sgx it is $0.40.  What a joke, played by LH to RH shorties. If this is in china, P Xi might hv caught them and trained them for hard labor. Unfortunately it is a TW kongsi, played by sgx LH to RH kakias.
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leroy55
Veteran |
28-Sep-2021 10:45
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Better stay away ba
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PQTPQK
Supreme |
28-Sep-2021 10:36
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what is the price in taiwan ?
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akasa888
Veteran |
28-Sep-2021 10:24
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My advice is to hold on to it, things will get better Yes, this stock has been whacked hard by short sellers. But, don' t worry, nobody of sensible mind will short this stock at this price. Have faith and have patience, it' s a matter of time. Jia You!!
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yumsang
Member |
28-Sep-2021 10:20
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gap too wide really very pain also wondering when to cut loss cos not sure if it will recover
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newbieliu
Elite |
28-Sep-2021 10:12
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Dont forget some are short sellers so they could have been shorting it so naysayers roles are part of the routine lol.... I regretted to buy at a high price... now not sure when to cut loss le as the gap too wide.... So now waiting for the next wave only.... some new supporters could give some possible hopes on how retailers look at this beaten stock.... 
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akasa888
Veteran |
28-Sep-2021 09:54
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After I exited, I never bother to look at Medtecs forum
 
I used my time to make money at other counters.
 
I only come in recently when I bought back the share and was surprised to see many naysayers in the forum
 
Really don' t understand, if you are so negatively, move on, why waste time condemning  the stocks
 
Don' t they know that many are stuck or have lost big in this counter.
 
Please spare a thought for them and give them some hope
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akasa888
Veteran |
28-Sep-2021 09:39
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Agreed. How can you made comparison of Medtecs face mask with those on the street selling for $2 Anyway, just to share, these are the facts 1) Medtecs made a net profit of USD 18.5 millions in 1H 2021. Please note the 2nd Q profit was better than 1st Q, this tell us that the sales is improving. Tell me which penny stock company can made USD18.5 in six months
2 Traditionally, Medtecs do not release quarterly report, only half year report.  
3) Medtecs is global PPE company, exporting to over 30 countries in Europe, United States, South East Asia, North Asia, and Australia. Medtecs also serves as a one-stop vendor to hospitals, supplying PPE, workwear and medical consumables to more than 200 hospitals in Taiwan and the Philippines. It is also a key partner for Taiwan&rsquo s and Singapore&rsquo s national PPE stockpiles.
4)In April 2021, the Group entered into a number of agreements with the Ministry of Health of Cambodi, to supply N95 respirators, isolation gowns, shoe covers, and coveralls. The Group will continue to leverage its strength as the biggest PPE manufacturer and supplier in Cambodia to secure more long-term supply contracts with government agencies, and to position itself as the Cambodian government&rsquo s national stockpiling partner.  
Business Outlook
With the recent rise of new COVID-19 variants and new waves of infections across the globe, demand for the Group&rsquo s PPE remains elevated despite global efforts to administer COVID-19 vaccines, resulting in higher order volumes. This is due to enhanced safety and hygiene practices at hospitals and public areas, the potential need for regular COVID-19 vaccinations, and governments maintaining and replenishing national stockpiles.  
 
 
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lailai
Elite |
28-Sep-2021 08:28
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Shd be exclusive. Check the net, distributorship is listed in quite a few other countries, but not yet in Philippines and Cambodia. Price is not cheap, but under current covid situations, shd sell well in P and C as well. Shd add to good profit for MT. Will probably get a few boxes for family to build up immunity and emergency use.
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TA_Expert
Supreme |
27-Sep-2021 23:33
Yells: "The World has changed" |
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The company is still profitable. The only difference is that it can' t possibly make the extraordinary profit like last year.  
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Due_Dilligence
Veteran |
27-Sep-2021 22:54
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This is not being fearful when others are greedy and being greedy when others are fearful, this goes back to fundamental analysis and the fear of selling and realising your paper loses. This company cannot replicate its supernormal profits. Producing PPE is a low barrier entry. PPE prices are heading south. Just for comparison, now a box of masks is selling at $2 per box.
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Due_Dilligence
Veteran |
27-Sep-2021 22:48
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Is Medtec so desperate. This shows that thrust sales, profit margin and profits are going down. Jump ship
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akasa888
Veteran |
27-Sep-2021 21:58
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You can laugh all you can, time will tell who will have the last laugh
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bxylqwan
Master |
27-Sep-2021 21:38
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hahahahahahahhahahahahaa. i also bought tesla when it was $3 and sold it off when it was $900
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