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Medtecs Intl
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Medtecs
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easywin
Supreme |
18-Jun-2020 19:49
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Tomorrow by noon very likely can clear 0.345 easily. | ||||
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wolverine23
Supreme |
18-Jun-2020 19:27
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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in summary. this is why. the previous annoucment only gave breif guidance for Q2.  The latest 4 page Q& A is nothing short of spectacular. What an amazing news release. 1) Profit numbers are substainable till end of 2020 at least. Min. net profit will be USD16m on the most conservative estimates. I believe it would likely be closer to USD20m 2) The company has dropped a hint on possible dividend payout. I think the chances are extremely high 3) The company even has a 5-pronged approach to expand capacity in such a short notice. (i.e. they are experts in this field and are already well prepared) 4) The company addressed substainablity post COVID and they are moving in the correct direction. 5) Taiwan depository receipts. In summary, too much demand for their shares in taiwan. Why? Taiwanese investors are all gunning to receive their dividends (tax-free). These investors are chasing the prices up and holding the stock for the mid term!  
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Ww9696
Member |
18-Jun-2020 19:25
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yes kayhian. need buy tru ur broker
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Bennytan23
Senior |
18-Jun-2020 19:22
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Nice update!!
We will aim for next wall at 0.35 first.. shld not be a prob. Test level will be 0.38 likely. Cos too many ppl like the number 8. And yes.. another 10-12% and we will see it end 0.38 end of day. Volume is up for this counter.. trade w prudence 🤑 🤓
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nghonpo
Veteran |
18-Jun-2020 19:17
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Eat More Pineapple for tomorrow  |
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jupabao123
Member |
18-Jun-2020 19:17
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https://www.businesstimes.com.sg/companies-markets/hot-stock-medtecs-shares-rise-12-ahead-of-agm With coverage on business times, many banks will reiterate their decision to BUY. GLA. huat. Still holding since 0.19 and picked up more along the way. |
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K.I.S.S
Member |
18-Jun-2020 19:16
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is this restricted for UOB KH? | ||||
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Goldfinger
Supreme |
18-Jun-2020 19:15
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Can please share why you think so? Thanks
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Ww9696
Member |
18-Jun-2020 19:13
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Huat ah everyone
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wolverine23
Supreme |
18-Jun-2020 19:03
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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why not? This latest Q& A is much bteer news than the previous annoucement!
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Sg2022yu
Veteran |
18-Jun-2020 19:00
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Absolutely positive updates before AGM on the QNA. Basically answered all our concerns... not greedy, tml open 0.34 then up up  | ||||
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Ww9696
Member |
18-Jun-2020 19:00
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Sound good. 06/05/2020 gap up 24.56% on opening 19/06/2020 gap up 24.56% on opening? I thinking and dreaming only
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wolverine23
Supreme |
18-Jun-2020 18:59
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Taiwanese BBs not stupid leh... chase up.  TDR can only convert to SGX share, not the other around.  Lets see a strong open above 40 cents
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Superfast
Supreme |
18-Jun-2020 18:58
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O.36 very gd and power le...(opening)
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wenyen
Master |
18-Jun-2020 18:56
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If gap up to 34c I alr happy liao | ||||
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tofudidi
Supreme |
18-Jun-2020 18:55
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40c too greedy
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wolverine23
Supreme |
18-Jun-2020 18:41
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Bro Greg, they did not say Singapore cannot match but simple cited demand and supply. and these taiwanese investors are buying to hold till dividend payout. why would price drop.... hint hint The latest 2 page Q& A is nothing short of spectacular. What an amazing news release. 1) Profit numbers are substainable till end of 2020 at least. Min. net profit will be USD16m on the most conservative estimates. I believe it would likely be closer to USD20m 2) The company has dropped a hint on possible dividend payout. I think the chances are extremely high 3) The company even has a 5-pronged approach to expand capacity in such a short notice. (i.e. they are experts in this field and are already well prepared) 4) The company addressed substainablity post COVID and they are moving in the correct direction. 5) Taiwan depository receipts. In summary, too much demand for their shares in taiwan. Why? Taiwanese investors are all gunning to receive their dividends (tax-free). These investors are chasing the prices up and holding the stock for the mid term! For those who are expecting price to surge a lot post AGM, you will be disappointed becasue... Medtecs will open above 40 cents tomrrow morning! 
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wolverine23
Supreme |
18-Jun-2020 18:39
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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SGyuan, what if gap up above 36? able to project a case scenario?
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gregtan123
Supreme |
18-Jun-2020 18:39
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I read the annoucement in detail. Tmr likely GAP UP. this one is NO Brainer.  Anyway, I think ALL good esp vis profits and dividends. BUT one Bad: In short, the board has said that Taiwan 45 cents SGD. Singapore will not match. So I think we place less emphasis on price difference and premium. Unless of course taiwan investors come over to buy. that said, BB is IN. |
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SgYuan
Supreme |
18-Jun-2020 18:38
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1h chart w5 ext ew - on w3 - now w3 change to w3 ext ew(brown) on w3 - w3 ext ew w3 tgt 325 - if uturn next w4(iv) tgt 305 - then w5(v) tgt 355 1h chart ![]()  
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