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bxylqwan Master	24-Sep-2021 15:46        bxylqwan About Contact  Quote this Post!
x 0   x 0  Alert Admin	No one expected it to be at today' s price either, after hovering between 90c to a dollar for so many months. Anything is possible.  3jhuat      ( Date: 24-Sep-2021 15:33) Posted: Don't talk about 20 cents even revisiting 36 cent chances is very low. What do you think? peterwong321      ( Date: 22-Sep-2021 22:19) Posted: The way medtecs Int price movement, it may go down 20 cents soon
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3jhuat Member	24-Sep-2021 15:33        3jhuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't talk about 20 cents even revisiting 36 cent chances is very low. What do you think? peterwong321      ( Date: 22-Sep-2021 22:19) Posted: The way medtecs Int price movement, it may go down 20 cents soon
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Longtermer Elite	23-Sep-2021 14:06        Longtermer About Contact  Quote this Post! Style: Flexible   Yells: "A disciplined investor is a wealthy investor"
x 0   x 0  Alert Admin	Medtecs NAV is 46c Net cash company and it is profitable last year, this year and more years to come.. Why go down so low? Its keeping very attractive imo. Likely spring back v fast when trend reverse. Cheers   peterwong321      ( Date: 22-Sep-2021 22:19) Posted: The way medtecs Int price movement, it may go down 20 cents soon
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alto26 Senior	23-Sep-2021 13:59        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	大 隻 講 。 today up le peterwong321      ( Date: 22-Sep-2021 22:19) Posted: The way medtecs Int price movement, it may go down 20 cents soon
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peterwong321 Veteran	22-Sep-2021 22:19        peterwong321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The way medtecs Int price movement, it may go down 20 cents soon
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jackjack Veteran	22-Sep-2021 18:23        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chicken out? No at least profit in the pocket is better than paper losing ya. There are lots of opportunities in the market, rather than just sit there and play 'hoping' games. Wait for supporters like you to buy up to 80c or 1 dollar. Ohh wait?? Today closing drop again?? How disappointing. So sad for you. Like i mentioned yesterday. 1 day show for people like you to get excited 🤣 Tkong214      ( Date: 22-Sep-2021 15:56) Posted: Sigh.... I wrote a bit then you chickened out and covered. Where' s the conviction? At least you are honest. But still I hope not to involve you in any of my meaningful discussions going forward, cos of different feathers 🪶 . jackjack      ( Date: 21-Sep-2021 22:03) Posted: So happening today lo. Hopefullt don't be like 18 Aug, 1 day rebound then later all gone case for 1 month. 🤣 Too bad already cover most short at 50c+ less earn extra few tenth of thousand. Tkong faster buy up to 80c or 1 dollar ya. Looking forward to those irrational pumping counters
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Tkong214 Member	22-Sep-2021 15:56        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Sigh.... I wrote a bit then you chickened out and covered. Where' s the conviction? At least you are honest. But still I hope not to involve you in any of my meaningful discussions going forward, cos of different feathers 🪶 . jackjack      ( Date: 21-Sep-2021 22:03) Posted: So happening today lo. Hopefullt don't be like 18 Aug, 1 day rebound then later all gone case for 1 month. 🤣 Too bad already cover most short at 50c+ less earn extra few tenth of thousand. Tkong faster buy up to 80c or 1 dollar ya. Looking forward to those irrational pumping counters
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CheongArgh Master	22-Sep-2021 09:38        CheongArgh About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Not today.....Aspen is pulling away..... ec0101      ( Date: 21-Sep-2021 17:40) Posted: Aspen and Medtecs, very likely the same group of BB playing around. The price movements are definitely too similar. Also need to beware not to get caught in this round of squeeze. There' s currently no rationale/reasoning as to why today the price is moving up so much, just like how it dropped so much previously. This counter doesn' t follow fundamentals but should should be traded using technicals
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jackjack Veteran	21-Sep-2021 22:03        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	So happening today lo. Hopefullt don't be like 18 Aug, 1 day rebound then later all gone case for 1 month. 🤣 Too bad already cover most short at 50c+ less earn extra few tenth of thousand. Tkong faster buy up to 80c or 1 dollar ya. Looking forward to those irrational pumping counters
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tritonyeah6666 Senior	21-Sep-2021 19:35        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm, It gets interesting when hearing you said so... SmallSmall      ( Date: 21-Sep-2021 15:16) Posted: Day high. This stock finally interest me after a long long fall.
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ec0101 Veteran	21-Sep-2021 17:40        ec0101 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Do what you have to do."
x 0   x 0  Alert Admin	Aspen and Medtecs, very likely the same group of BB playing around. The price movements are definitely too similar. Also need to beware not to get caught in this round of squeeze. There' s currently no rationale/reasoning as to why today the price is moving up so much, just like how it dropped so much previously. This counter doesn' t follow fundamentals but should should be traded using technicals
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Tkong214 Member	21-Sep-2021 16:40        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Turn them into biofuels. At least contribute a bit in their afterlife. Lol ahberngh      ( Date: 21-Sep-2021 15:31) Posted: After discarded, burn until chowtar ??? Tkong214      ( Date: 21-Sep-2021 15:08) Posted: Hopeful for a similar short squeeze like Biolidics!!!! Squeeze them dry like discarded sugarcane waste!! Go go 美 德 ！ But wait, let me double average down at cash & receivables of $0.27 first!!
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ahberngh Elite	21-Sep-2021 15:31        ahberngh About Contact  Quote this Post!
x 0   x 0  Alert Admin	After discarded, burn until chowtar ??? Tkong214      ( Date: 21-Sep-2021 15:08) Posted: Hopeful for a similar short squeeze like Biolidics!!!! Squeeze them dry like discarded sugarcane waste!! Go go 美 德 ！ But wait, let me double average down at cash & receivables of $0.27 first!!! Tkong214      ( Date: 20-Sep-2021 13:45) Posted: At current price of $0.37, the market cap is about $202m. It' s now priced for below-liquidation like certain sector. Cash is S$84m or $0.155. Is $0.155 the bottom
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easywin Supreme	21-Sep-2021 15:22        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Shortist faster cover, no more cheap sales
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alto26 Senior	21-Sep-2021 15:19        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha now. ETLee8      ( Date: 21-Sep-2021 13:40) Posted: More n more selling into.  Ha Ha Ha
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SmallSmall Supreme	21-Sep-2021 15:16        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Day high. This stock finally interest me after a long long fall.
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Tkong214 Member	21-Sep-2021 15:08        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hopeful for a similar short squeeze like Biolidics!!!! Squeeze them dry like discarded sugarcane waste!! Go go 美 德 ！ But wait, let me double average down at cash & receivables of $0.27 first!!! Tkong214      ( Date: 20-Sep-2021 13:45) Posted: At current price of $0.37, the market cap is about $202m. It' s now priced for below-liquidation like certain sector. Cash is S$84m or $0.155. Is $0.155 the bottom? Tkong214      ( Date: 20-Aug-2021 15:18) Posted: Here' s just a summary of my recent sharings before I go on hibernation mode. Please do your own homework.  This shall not be construed as an offer or solicitation to buy, sell or subscribe for any investment product or the giving of advice thereof. Please seek advice from a financial adviser regarding the suitability of the investment product, taking into account the specific investment objectives, financial situation or particular needs of any person in receipt of the recommendation, before making a commitment to purchase any financial product. Whilst all care is taken in the preparation of this material, no warranty is given in respect to the information provided and accordingly no responsibility for errors or omissions.  Good luck, everyone!!! Dear all MT retail sufferers,  I can feel your pain and despair in this brutal selldown as I am also stuck with 10 lots at above $1. But this doesn' t affect me too much as I think I can stomach the loss although I still kick myself for not selling on Monday opening at $0.70. The key is not overstretching yourself in any investment, especially penny stocks. I  feel that MT has reached a near term capitulation this morning at $0.535. Even dead cat bounds after the point of max pessimism. I hope not many here were flushed out this morning. This would be a very sad ending for those who did and I can understand your situation and feel your pain. That' s not to say I believe it will be smooth sailing for the stock from now on. On the contrary, I hope the stock manipulators will continue to whack this down to the cash level of $0.20 or lower so I can double averaging down. I also do so in support of a company that has had protected the world from the ongoing pandemic and any new pandemic to come for the past 30 odd years. I hope it does not  go bankrupt will do. Take care, everyone! Just my 2 cts worth on fundamentals: On financial numbers (1H 2021) NAV: US$0.3426 or    S$0.46 Cash: US$61.1m or    S$0.15 Receivable: US$47.6m or    S$0.12 EPS (1H2021): US$0.0349 or    S$0.046 On revenue composition in 2020 Isolation gowns and coveralls and others:    50% Shoe covers, face shields, bouffant caps, non-disposable uniforms:    30% Face masks:    20% On expenses 1H 2021 Distribution & selling expenses + Admin expenses over Revenue was high compared to 1H 2020. Management said it' s due to higher promotional and marketing expenses. Okay fine. I do not think these two expenses in 2H 2021 will be as high as 2H 2020 as lower projected revenue means lower freight-out and commission expenses. Finance expenses will be negligible with the redemption of loan. One thing the management has to do is to rein in wages and salaries, which jumped by over 10m in 2020. It' s okay to pay yourself good bonus when sales and profit are good, but when results is down everyone should suffer together.    On outlook For 2H outlook, North America which is a huge market has been a bright spot in 1H and I hope the trend continues. Asia Pacific will depend much on the government stockpiling cycle. If it doesn' t come in 2H, it will come in 2022 or 2023 as eventually the stocks need to be replenished or expired. Unless MT is no longer the partner.    The main revenue contributor of isolation gowns and overalls has a very good margin. The usage is not confined to just healthcare sector electronic and semiconductor sectors can also use its range of products. I am not particularly concerned about its capex or excess capacity. Medtecs can adjust the production of masks rather flexibly. The utilisation rate prior to Covid-19 was less than 10%. It can ramp up production quickly to meet demand. At max capacity, it can now produce 2m masks daily. Production can go up to 3m pieces/day in 2022 if the US plant commissions production and if demand is there.   Alas, looking at the numbers alone, I don' t think my double average down target of $0.20 will be reached. As long as the company generates positive cash flow on operating activities, I am not that concerned at the current price level. The management can buy back a bit of shares as confidence booster. I hope it does not pay a generous dividend as some heartless people would sell immediately after the cheque is in. Cash should be conserved for M& A and other opportunities. Or leave it to boost the book value until S$1!!!   Imagine if Medtecs is appointed as a PPE stockpiling provider by the US government in addition to S' pore, Taiwan, Philippines, and Cambodia..,. Huat liao. US likes and supports Taiwanese companies. Chairman Yang has worked on the ground for the past 30 odd years, and has built up good relationships with the local governments in the Philippines and Cambodia. He' s even elected as the chairman of Chinese-Philippines Business Council and founding chairman of Confederation of Philippines Manufacturers of PPE. PM of Cambodia Hun Sen even visited Medtecs' plants in Cambodia and credited the elder Yang for developing the area, the PM' s hometown. Relationship takes decades to build. It has survived in the past 30 years. With the new pot of cash, I don' t think it cannot survive in the next 3-5 years.    For traders who cannot even look beyond today, you are always the lunch of the stock manipulators!!! If you have a huge position in this or if you borrow to buy or if you are doing day trading, you should be very concerned. The stock manipulators can depressed the prices for longer than you can remain solvent. But if your time frame is 3-5 years, I am hopeful that it will revisit $1...
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Tkong214 Member	21-Sep-2021 15:03        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Check the annual report yourself. Never read those things before investing meh?  alto26      ( Date: 21-Sep-2021 14:54) Posted: 1 million share can be major shareholder? Think small fly only.here many bbs
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alto26 Senior	21-Sep-2021 14:54        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	1 million share can be major shareholder? Think small fly only.here many bbs
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Tkong214 Member	21-Sep-2021 14:44        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Probably can see your uncle' s name in the annual report as one of the Twenty Largest shareholders alongside the Yangs. 1.1m shares can already.. peterwong321      ( Date: 21-Sep-2021 11:46) Posted: yesterday run into my uncle who owns F& B business due to poor sales, he invested heavily into medtecs Int through friend & agent recommendation. Firstly he brought about 100 lots @$1.10 in the beginning when he saw it coming down he becomes greedy and does average until yesterday and the broker give him up to 10 times the margin, now he owns the broker almost 1 million as he hold up to 1000 lots and he strongly believes it will 1 day go back $1. Age 65 he says bankrupt also never mind as now cannot travel and do anythings ........worse than a zombie
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