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SgYuan Supreme	14-Sep-2021 20:27        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	medtec day px 525 must hold lower trendline 525 520 then new wave start if not cyan w5 continue
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Yatsa13 Veteran	14-Sep-2021 19:45        Yatsa13 About Contact  Quote this Post!
x 0   x 0  Alert Admin	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. Yatsa13      ( Date: 14-Sep-2021 09:34) Posted: Why dropped so low ? Any reason ....
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des_khor Supreme	14-Sep-2021 18:20        des_khor About Contact  Quote this Post! Style: Flexible   Mood: Yells: "Tell me who is God or Market Fortune Teller in this forum ??"
x 0   x 0  Alert Admin	Previous One of the most powerful bull from 5cts to almost $2 !
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jackjack Veteran	14-Sep-2021 18:18        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wow below 50c. Expected for a penny company like medtecs. Too bad covered most short for other trades otherwise would have earn more from here. Nobody wants to buy this. Even there only supporter willing to buy only at 27c. Hahaha
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alto26 Senior	14-Sep-2021 16:40        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Soon it reached 30
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Tkong214 Member	14-Sep-2021 16:10        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Next target is my double average down of $0.27. Come come baby.. Tkong214      ( Date: 14-Sep-2021 15:46) Posted: Within striking distance. Still queuing at scrap value!! Will my discipline pay off?  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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Tkong214 Member	14-Sep-2021 15:46        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Within striking distance. Still queuing at scrap value!! Will my discipline pay off?  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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CheongArgh Master	14-Sep-2021 15:40        CheongArgh About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	alto26      ( Date: 14-Sep-2021 15:01) Posted: Really shit stock.broke 51. Maybe going to 30 cents.
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iinvestor Veteran	14-Sep-2021 15:39        iinvestor About Contact  Quote this Post!
x 0   x 0  Alert Admin	Pandemic is slowly ebbing...and every country has ramped up production. Going to have years of over supply?? 🥶
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alto26 Senior	14-Sep-2021 15:01        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really shit stock.broke 51. Maybe going to 30 cents.
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bxylqwan Master	14-Sep-2021 12:12        bxylqwan About Contact  Quote this Post!
x 0   x 0  Alert Admin	It is no longer even about what we need, as proven from the last one year lol shk363      ( Date: 14-Sep-2021 11:57) Posted: is it we no longer need so many ppe and masks going into endemic?
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shk363 Elite	14-Sep-2021 11:57        shk363 About Contact  Quote this Post!
x 0   x 0  Alert Admin	is it we no longer need so many ppe and masks going into endemic?
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Sgvale Supreme	14-Sep-2021 11:40        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Have. When diseases X comes alto26      ( Date: 13-Sep-2021 17:21) Posted: Dropped to the lowest. 沒 希 望 了 。
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ETLee8 Master	14-Sep-2021 11:34        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	More people are convinced mainboard listing will not happen lor. Institutions no support lor. Business dropping lor. Yatsa13      ( Date: 14-Sep-2021 09:34) Posted: Why dropped so low ? Any reason ..... alto26      ( Date: 13-Sep-2021 17:21) Posted: Dropped to the lowest. 沒 希 望 了 。
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Sgvale Supreme	14-Sep-2021 11:13        Sgvale About Contact  Quote this Post!
x 0   x 0  Alert Admin	Last time up from 3c .
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Yatsa13 Veteran	14-Sep-2021 09:34        Yatsa13 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Why dropped so low ? Any reason ..... alto26      ( Date: 13-Sep-2021 17:21) Posted: Dropped to the lowest. 沒 希 望 了 。
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Yatsa13 Veteran	14-Sep-2021 09:32        Yatsa13 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Woah dropped to the lowest. Another stk to watch
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alto26 Senior	13-Sep-2021 17:21        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Dropped to the lowest. 沒 希 望 了 。
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jackjack Veteran	13-Sep-2021 15:00        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ya like Tkong214. Paging for Tkong why still scare to buy??? bxylqwan      ( Date: 13-Sep-2021 10:53) Posted: Please don' t crush the dreams of those still in delusion TraderBen      ( Date: 13-Sep-2021 05:35) Posted: The hype is over. BBS are gone. Wait for the next pandemic .
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TraderBen Supreme	13-Sep-2021 11:31        TraderBen About Contact  Quote this Post!
x 0   x 0  Alert Admin	General market weakness..  staring the SGX stock screen will make u think that ur app or comp hanged..  Luzern      ( Date: 13-Sep-2021 11:16) Posted: Glove counter prices are just following the ASP down.
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