Latest Forum Topics /
Medtecs Intl
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The next journey
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tritonyeah6666
Senior |
19-Nov-2021 11:14
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Jack - you covered Liao still camp here daily ah? LoL | ||||
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jackjack
Veteran |
19-Nov-2021 09:34
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Hahaha yesterday post is quite entertaining huh.. I deliberately leave it 1 day to see what others can say about him A clown himself, but complain on the others, who are actually right, is a comedian. He laugh at people make decision based on instinct and management past history (which is based on all the given hints), but he make decision based on PANDEMIC and guesses (40 mil profit by year he said) Probably really a old stubborn old tart who never want to admit mistake Still insisting PPE is hard to get certified, as if like doing vaccine, or some apple patented product, Until now even medtecs management made an announcement themselves, he is still DENYING Now, he is saying that he is not recommending people to BUY WHAT A JOKE. Really good entertainment indeed Now he says he is leaving this forum, not sure is leaving, or maybe he going to create another account come here again, like he did since recommeding buy from 1 dollar Or rather the Yang' s hired marketer already finish their job. All the insider already unload finish, that' s why now willing coming out with this annoucement, and our Yang' s hired clown also going off. Like that hor, share price might be going up hor. hmmmmm 
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akasa888
Veteran |
18-Nov-2021 16:21
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Thanks for all the advice I am not asking people to buy, but I will keep buying I believe in it and will keep buying My fridge is almost full, I will buy a container This will be my last post, don' t want to waste my time here. Got to take care of my other investments Good luck to those who are invested whether you are in short or long |
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TA_Expert
Supreme |
18-Nov-2021 15:53
Yells: "The World has changed" |
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It is always good to keep the dream instead of waking up.
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ETLee8
Master |
18-Nov-2021 15:47
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This is either one of the " Yang Warriors" or ignorant being milked by the Old Cow without knowing what is happening. Last year from Aug to Dec the fundamentals and business of Medtecs were so much much better than now and yet its share price keeps tumbling down. Now the ASP of PPEs hardly make any money at all and yet he is advocating buy. Did he " Buy" or " BYE" Keep for 3-5 years?, by then 5 cts, how can it be better than SG Bonds ????
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nott1965
Veteran |
18-Nov-2021 15:27
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The next steps for investors who are stucked here is to see what the directors do with the money. Do they use it to pay themselves highly and stinge on dividends like what they did post SARS previously. If so, better run before it falls back to $0.05
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JessTrang
Veteran |
18-Nov-2021 15:23
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Covid-19 infection and death rates should be on a par with seasonal flu by mid-2022: Bill Gates https://www.straitstimes.com/singapore/covid-19-infection-and-death-rates-should-be-on-a-par-with-seasonal-flu-by-mid-2022-bill That' s moving forward... is Covid having that FEAR FACTOR? |
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nott1965
Veteran |
18-Nov-2021 15:19
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Medtecs already admitted what we all knew why the price kept falling '   This is mainly due to existing customers completing their stockpiling exercises in 2020, subsequent inventory adjustment attributable to certain customers, and the stabilization of the supply and prices of the PPE market globally' . Unless there are still customers that we don t know who are still stockpiling? Dont expect another round of supernormal profit |
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bxylqwan
Master |
18-Nov-2021 14:58
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Yeah, do your own research and homework before putting money into a bottomless pit countless other better counters out there  |
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akasa888
Veteran |
18-Nov-2021 14:39
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Please do your research and homework before you invest Money is hard to earn, and please don' t invest without even knowing the  basic facts of the company and who are their customers and how difficult it is to be a certified  PPE manufacturer with the certification recognised in Euro, Asia, and US |
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akasa888
Veteran |
18-Nov-2021 14:35
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You are entitled to your own opinion
 
But, do not forget that Medtecs is the leading PPE manufacturer and there 
 
are not many qualified and certified manufacturer(other than 3M) in the world 
 
By the way, Medtecs is not a low end brand and you don' t find Medtecs brand selling in Sheng Siong or in 
the main street.  
Their main customers are government and hospitals all over the world because they only buy from
 
certified manufacturers. That is why Medtecs is Singapore and Philippines government stockpiling partner,
 
not any Tom, Dick or Harry manufacturers 
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nott1965
Veteran |
18-Nov-2021 14:26
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Last year was an exceptional year as PPE were in short supply and many countries were low in stockpiles. Many had no choice but to pay high prices to get hold of PPE from even low end brand like Medtecs. Now there are so many competitors not only from the high end and established brands but also those who just came in and compete on low prices. Sorry to say the good times for supernormal profit is gone. An example, surgical grade masks were sellin at $30 plus for 50 pieces last year, Recently saw Sheng Shiong selling $5 for 2 boxes | ||||
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akasa888
Veteran |
18-Nov-2021 14:24
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To the naysayers, they deem the  current price as high and 
 
expect the price to drop to 20 cents or even worse 3 cents
 
To me, it is a golden opportunity to buy and keep in the fridge because it is oversold and undervalue considering 
 
its current earning and future potential earning once the stockpiling kicks in
 
To each his own as every stream of water will find its own path.
 
Who is right or wrong is not important
 
Look ahead and do your own calculation/due diligence 
 
I am here to make money, not to quarrel with anyone and Medtecs is just only a small percentage of my 
 
investment portfolio
 
 
 
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akasa888
Veteran |
18-Nov-2021 13:58
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When you talk, please use your brain and talk with some sense.
 
In this pandemic situation, not many companies can make money
 
There is no cure for the Delta variants, the situation can only get worse
 
Once countries start to stockpile again, Medtecs will be the one to benefit
 
I am confident of this and is holding quite a substantial stake for long term investment
 
The return in 3-5 years time will be better than putting my money in the bank or buying 
 
Temasek bonds with only a 1.8% interest.
 
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nott1965
Veteran |
18-Nov-2021 13:24
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like I did post SARS
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alto26
Senior |
18-Nov-2021 13:05
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nobody can tell tge future. you are lao jiao?
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bxylqwan
Master |
18-Nov-2021 12:27
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the best time to sell was over a year ago. 6 months ago, those who sold end of last year were glad they did so.  those who hesitated obviously regretted not selling. but if they did eventually decide to sell 6 months ago, they would be thankful they did so today.  don' t look back another 6 months from now with even more regrets.  |
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JessTrang
Veteran |
18-Nov-2021 11:35
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Tide has changed. Now is no 20c no buy...
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ETLee8
Master |
18-Nov-2021 11:25
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The Old Cow is laughing at you clowns
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akasa888
Veteran |
18-Nov-2021 11:05
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7th month over already, still got so many comedians coming to Medtecs forum to perform Not sure, who will be paying for their performances |
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