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ETLee8 Master	21-Sep-2021 13:40        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	More n more selling into.  Ha Ha Ha
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alto26 Senior	21-Sep-2021 13:23        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha.you also dragon tiger door. bxylqwan      ( Date: 21-Sep-2021 11:03) Posted: in the last 5 days alone drop more than 25%.. today up a bit nia suddenly talk until got dragon got tiger
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peterwong321 Veteran	21-Sep-2021 11:51        peterwong321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I remember he was the one who taught and shown me what is trading and now he has to part with his landed property 3 level @ six avenue
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peterwong321 Veteran	21-Sep-2021 11:46        peterwong321 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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jackjack Veteran	21-Sep-2021 11:35        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya always the case 5-6 session down. 1 day technical rebound all come talk big. After all trapped and burned again bxylqwan      ( Date: 21-Sep-2021 11:03) Posted: in the last 5 days alone drop more than 25%.. today up a bit nia suddenly talk until got dragon got tiger
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bxylqwan Master	21-Sep-2021 11:03        bxylqwan About Contact  Quote this Post!
x 0   x 1  Alert Admin	in the last 5 days alone drop more than 25%.. today up a bit nia suddenly talk until got dragon got tiger
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ec0101 Veteran	21-Sep-2021 10:11        ec0101 About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Do what you have to do."
x 0   x 0  Alert Admin	Ya, technicals still don' t look good overall, only the 5m chart shows it trying to move up, but not convincing. Moreover, STA, TG is also red. jackjack      ( Date: 21-Sep-2021 09:49) Posted: You sure? More like they take some profit. Trap those hand itchy want go in one. Whole medical sentiment still weak af easywin      ( Date: 21-Sep-2021 09:23) Posted: Today shortists will payback to longists
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jackjack Veteran	21-Sep-2021 09:49        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	You sure? More like they take some profit. Trap those hand itchy want go in one. Whole medical sentiment still weak af easywin      ( Date: 21-Sep-2021 09:23) Posted: Today shortists will payback to longists
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easywin Supreme	21-Sep-2021 09:23        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	Today shortists will payback to longists
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jackjack Veteran	20-Sep-2021 23:38        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	No la the Yang meh meh wait you complain to suspend the stock lo. Quick lo else keep falling non stop oh hahahha Tkong214      ( Date: 20-Sep-2021 13:28) Posted: If I were the Yangs, I' ll do nothing and let it drop to around or below S$100m market cap and make a lowball offer to buy it out, having seen the potential of the business. That' s below $0.20.  lailai      ( Date: 20-Sep-2021 11:38) Posted: Think so, if dirs and kongsi no buyback when they got the mandate to support, who are we against the shorties who pass from LH to RH down the slope. Pity those who borrow from brokers and financial banks and play on margin. Some of them may have to give up their cars, or even downgrade their houses, or worse declare bankrupt.
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ETLee8 Master	20-Sep-2021 16:00        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, maotherhood statement and all wrong.  Yang do not bother what the share price is.  It is irrelevant. 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	20-Sep-2021 13:45        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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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ETLee8 Master	20-Sep-2021 13:35        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, the yangs are smarter than u think lah.  This is their pot of gold, nobody else hv it lah. Tkong214      ( Date: 20-Sep-2021 13:28) Posted: If I were the Yangs, I' ll do nothing and let it drop to around or below S$100m market cap and make a lowball offer to buy it out, having seen the potential of the business. That' s below $0.20.  lailai      ( Date: 20-Sep-2021 11:38) Posted: Think so, if dirs and kongsi no buyback when they got the mandate to support, who are we against the shorties who pass from LH to RH down the slope. Pity those who borrow from brokers and financial banks and play on margin. Some of them may have to give up their cars, or even downgrade their houses, or worse declare bankrupt.
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Tkong214 Member	20-Sep-2021 13:28        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	If I were the Yangs, I' ll do nothing and let it drop to around or below S$100m market cap and make a lowball offer to buy it out, having seen the potential of the business. That' s below $0.20.  lailai      ( Date: 20-Sep-2021 11:38) Posted: Think so, if dirs and kongsi no buyback when they got the mandate to support, who are we against the shorties who pass from LH to RH down the slope. Pity those who borrow from brokers and financial banks and play on margin. Some of them may have to give up their cars, or even downgrade their houses, or worse declare bankrupt.    TheMatrix      ( Date: 20-Sep-2021 11:29) Posted: SGX is one of the few stock market allowed short sell and naked short, right
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Tkong214 Member	20-Sep-2021 13:21        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Judging by the price action, I guess my double average down target of $0.27 is near. I am waiting. Meantime, I hope the damage isn' t too great for everyone here. Punting on penny stocks on this exchange is inherently very very risky. Just look at the number of companies that got suspended or delisted.  Tkong214      ( Date: 15-Sep-2021 10:29) Posted: Average down target hit! Next one is my double average down target of $0.27 at cash level. If you are like still holding it from high, I think we can tahan another 20 cents drawdown. Let' s do it, quickly!!   别 婆 婆 妈 妈 。 Will not sell a single share to traders and short sellers until my target price!    Tkong214      ( Date: 07-Sep-2021 16:22) Posted: I maintain my earlier revised Average-Down and Double Average-Down Targets: Average Down Target: up by an jaw-dropping   53.33%  from $0.30 to $0.46 (at scrap value) Double Average Down Target: up by an equally eye-watering  35%  from $0.20 to $0.27 (at cash & receivables value)
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7ocean Master	20-Sep-2021 13:11        7ocean About Contact  Quote this Post!
x 0   x 0  Alert Admin	OMG.. Drops like pool lailai      ( Date: 20-Sep-2021 11:38) Posted: Think so, if dirs and kongsi no buyback when they got the mandate to support, who are we against the shorties who pass from LH to RH down the slope. Pity those who borrow from brokers and financial banks and play on margin. Some of them may have to give up their cars, or even downgrade their houses, or worse declare bankrupt.    TheMatrix      ( Date: 20-Sep-2021 11:29) Posted: SGX is one of the few stock market allowed short sell and naked short, right
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lailai Elite	20-Sep-2021 11:38        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	Think so, if dirs and kongsi no buyback when they got the mandate to support, who are we against the shorties who pass from LH to RH down the slope. Pity those who borrow from brokers and financial banks and play on margin. Some of them may have to give up their cars, or even downgrade their houses, or worse declare bankrupt.    TheMatrix      ( Date: 20-Sep-2021 11:29) Posted: SGX is one of the few stock market allowed short sell and naked short, right? lailai      ( Date: 20-Sep-2021 11:16) Posted: Esp in sgx. Looks like a shortists exchange, no wonder got Asia' s #1 worxx stock mkt award. Current price in TW is more than 2x of Sgx. TW, currently on holiday, is at S$0.80, whereas sgx is at S0.39. What a useless market, might as well shut down, to avoid the embarrassment of a world class becoming a worxx class.
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bxylqwan Master	20-Sep-2021 11:32        bxylqwan About Contact  Quote this Post!
x 0   x 1  Alert Admin	39c still very high leh. still got another 20 plus cents to drop
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TheMatrix Elite	20-Sep-2021 11:29        TheMatrix About Contact  Quote this Post!
x 0   x 0  Alert Admin	SGX is one of the few stock market allowed short sell and naked short, right? lailai      ( Date: 20-Sep-2021 11:16) Posted: Esp in sgx. Looks like a shortists exchange, no wonder got Asia' s #1 worxx stock mkt award. Current price in TW is more than 2x of Sgx. TW, currently on holiday, is at S$0.80, whereas sgx is at S0.39. What a useless market, might as well shut down, to avoid the embarrassment of a world class becoming a worxx class.   alto26      ( Date: 17-Sep-2021 14:05) Posted: This medtech very cham.easy target for shortist
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ETLee8 Master	20-Sep-2021 11:20        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not yet but is coming.  I guess he went to hawk already. TheMatrix      ( Date: 20-Sep-2021 11:05) Posted: Your prediction is coming soon. I still remember someone mock at your prediction. ETLee8      ( Date: 20-Sep-2021 10:59) Posted: 30 cts coming very very soo
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