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Yatsa13 Veteran	15-Sep-2021 11:00        Yatsa13 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Thanks for your input. yes, I am monitoring this stock. Waiting Yeah, also monitoring SCM.    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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Yatsa13 Veteran	15-Sep-2021 10:55        Yatsa13 About Contact  Quote this Post!
x 0   x 0  Alert Admin	They cited a &ldquo disappointing&rdquo performance for 1QFY2021, noting the decline in revenue to US$42.2 million ($55.87 million).  Is it because of this report. Interesting to compare 1QFY2021 with 1QFY2020. Anyway the revenue is still healthy. Plague don' t seem to go away.  Personally I believe is man-made, from initial c19 to delta and mu and what' s next. jackjack      ( Date: 15-Sep-2021 10:33) Posted: So true. With the cases in high number, the company profit drop so drastically. Blind believers still wants to believe. Imagine if covid is really gone, what the company is doing?? bxylqwan      ( Date: 15-Sep-2021 10:15) Posted: If until now you have yet to already realise, the number of cases has zero relevance on share pric
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easywin Supreme	15-Sep-2021 10:51        easywin About Contact  Quote this Post!
x 0   x 0  Alert Admin	I bought at such an attrative price, where can find such a good opportunity very offen. Just look at Frenken yesterday $2.32 no many interested, now all chasing.
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Tkong214 Member	15-Sep-2021 10:41        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Jaack, waiting for you at $0.27!! I am in this for the long haul in the next 3-5 years i.e. stuck in your language! Will my part and support it until the pandemic is behind us! Don' t expect to get even 1 share from me.  jackjack      ( Date: 15-Sep-2021 10:33) Posted: So true. With the cases in high number, the company profit drop so drastically. Blind believers still wants to believe. Imagine if covid is really gone, what the company is doing?? bxylqwan      ( Date: 15-Sep-2021 10:15) Posted: If until now you have yet to already realise, the number of cases has zero relevance on share pric
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stanleytay Master	15-Sep-2021 10:36        stanleytay About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not many people know what is downtrend and undervalued..
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jackjack Veteran	15-Sep-2021 10:33        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	So true. With the cases in high number, the company profit drop so drastically. Blind believers still wants to believe. Imagine if covid is really gone, what the company is doing?? bxylqwan      ( Date: 15-Sep-2021 10:15) Posted: If until now you have yet to already realise, the number of cases has zero relevance on share price Speediman      ( Date: 15-Sep-2021 10:11) Posted: Price is looking attractive  Endemic still far away, the pandemic bulls are still in control.  Delta Variant may burst thru last frontier China with thousands of cases
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bxylqwan Master	15-Sep-2021 10:29        bxylqwan About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha. This has been said every 10 cents it has been dropping since $1 Someone else gonna say the same thing when it' s another 10 cents cheaper MTHIT5      ( Date: 15-Sep-2021 10:27) Posted: I agree this 46 price at NAV is attractive to keep some for rebounce back if you have no or few share. The down side is limited at around 46, , but a lot of room for upside.  Short seller dare not do it becase co or boss have bullet to buy back.
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Tkong214 Member	15-Sep-2021 10:29        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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) 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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MTHIT5 Member	15-Sep-2021 10:27        MTHIT5 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I agree this 46 price at NAV is attractive to keep some for rebounce back if you have no or few share. The down side is limited at around 46, , but a lot of room for upside.  Short seller dare not do it becase co or boss have bullet to buy back.
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Speediman Veteran	15-Sep-2021 10:18        Speediman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ask Medical sales reps in the streets, they will tell you they are enjoying great sales.  All covid19 related equipment is still in heavy demand.
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bxylqwan Master	15-Sep-2021 10:15        bxylqwan About Contact  Quote this Post!
x 0   x 0  Alert Admin	If until now you have yet to already realise, the number of cases has zero relevance on share price Speediman      ( Date: 15-Sep-2021 10:11) Posted: Price is looking attractive  Endemic still far away, the pandemic bulls are still in control.  Delta Variant may burst thru last frontier China with thousands of cases
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Arch1984 Member	15-Sep-2021 10:12        Arch1984 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yea. At NAV liao. Quick and decisive. Luzern      ( Date: 15-Sep-2021 09:57) Posted: Was expecting 46 to reach within one year based on their cash, assets value and normal burn rate...........never expected it to reached within one week.......... Luzern      ( Date: 08-Sep-2021 12:43) Posted: 我 是 普 通 人 。 你 等 的 4毛 6分 在 一 年 内 应 该 可 以 看 到 。
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Speediman Veteran	15-Sep-2021 10:11        Speediman About Contact  Quote this Post!
x 0   x 0  Alert Admin	Price is looking attractive  Endemic still far away, the pandemic bulls are still in control.  Delta Variant may burst thru last frontier China with thousands of cases
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Tkong214 Member	15-Sep-2021 10:08        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Averaged down at scrap value. Next double average down target is cash level of $0.27. Won' t sell a single share until my target price.  Luzern      ( Date: 15-Sep-2021 09:57) Posted: Was expecting 46 to reach within one year based on their cash, assets value and normal burn rate...........never expected it to reached within one week.......... Luzern      ( Date: 08-Sep-2021 12:43) Posted: 我 是 普 通 人 。 你 等 的 4毛 6分 在 一 年 内 应 该 可 以 看 到 。
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Yatsa13 Veteran	15-Sep-2021 09:59        Yatsa13 About Contact  Quote this Post!
x 0   x 0  Alert Admin	When collect enough, hope you can jack it up. Kamsia 🤩 jackjack      ( Date: 15-Sep-2021 09:30) Posted: how are all the investor doing oh? still believing this penny company and going against trend?  Dont later i come back i see left 20c only, i will be sad for not shorting longer
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Luzern Supreme	15-Sep-2021 09:57        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	Was expecting 46 to reach within one year based on their cash, assets value and normal burn rate...........never expected it to reached within one week.......... Luzern      ( Date: 08-Sep-2021 12:43) Posted: 我 是 普 通 人 。 你 等 的 4毛 6分 在 一 年 内 应 该 可 以 看 到 。 Tkong214      ( Date: 08-Sep-2021 12:05) Posted: 好 汉 不 提 当 年 勇 、 梅 花 不 提 前 世 绣 。 请 问 专 家 ， 现 在 是 做 空 还 是 做 多 呢 ？ 谢 谢 🙏
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Yatsa13 Veteran	15-Sep-2021 09:57        Yatsa13 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Monitoring the movement. This stock seems ok fundamentally https://www.theedgesingapore.com/billion-dollar-club/billion-dollar-club-2021/medtecs-big-winner-pandemic-year Probably collect in tranches. This is one biz that is essential and likely to live with it. Already 2yrs still no answer. This virus is man made one. After c19 then what ....... yesterday 837 new c19 cases
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jackjack Veteran	15-Sep-2021 09:30        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	how are all the investor doing oh? still believing this penny company and going against trend?  Dont later i come back i see left 20c only, i will be sad for not shorting longer
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stanleytay Master	14-Sep-2021 21:00        stanleytay About Contact  Quote this Post!
x 0   x 0  Alert Admin	0.3.. Haha. Yatsa13      ( Date: 14-Sep-2021 19:45) Posted: This stk is going to be on my radar. Watching as usual. Company financial looks sound. Plague is not going away, be prepared for the worst. All these ppe, mask and so forth will be needed. Will let it drop more  I feel the potential is really good 👍 If 30c, it is 1/3 of the value. Very good to invest  👏 👏 👏 👏 👏 👏 👏 👏 👏 ETLee8      ( Date: 14-Sep-2021 11:34) Posted: More people are convinced mainboard listing will not happen lor. Institutions no support lor. Business dropping lor
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SgYuan Supreme	14-Sep-2021 20:38        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	medtec day breakdown 525 w5 dn continue in wabc wc 455 px hit 485
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