Everyone waiting now. Once the price moves, have to catch at higher price..haha
ThankYou ( Date: 15-Sep-2020 08:44) Posted:
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16 hard to break unless B.B. wants to play.
SmallSmall ( Date: 15-Sep-2020 08:42) Posted:
The share price of Tritech rose 23% post-lunch to 1.6 cents (+0.3 cent) after it announced a new venture. Like ISDN Holdings earlier,  Tritech Group has taken a step out of its core business  to  foray into the sanitiser and disinfectant industry.   
Unlike ISDN which is marketing top-end German products (see  ISDN: Completes 3-day pilot project to surface coat 130 buses), Tritech has  developed a proprietary product, VaVieTM  Clean Wash Sanitize (&ldquo CWS&rdquo ). It is targeting not just Singapore but also the China market where it has production facilities. It said the product was created by  leveraging on its established water and membrane technology and expertise. The NEA (National Environmental Agency), SFA (Singapore Food Agency) and HSA (Health Sciences  Authority) have in principle approved the manufacture and sales of the CWS product in Singapore as  the ingredients are classified as non-hazardous and of food grade quality. Produced with purified water and food grade materials by using electrical ionization technology,  VaVieTM  CWS is an environment friendly, odourless, colourless, and alcohol-free cleaning solution with  high alkalinity, said Tritech. Notably, this product has been tested effective by Microchem Laboratory,  USA in killing > 99.99996% of bacteria and &ge 99.90% of human coronaviruses after 15 seconds,  said Tritech. CWS  has been also proven to have strong antibacterial properties and superior cleaning capabilities in  addition to its high efficacy in eliminating human coronaviruses. This sets it apart from other products  available in the market, said Tritech. In addition to killing bacteria and human coronavirus, it can be used to remove  stubborn oil and dirt stains, sterilise surfaces and for washing fruit/vegetables, being a one-stop  cleaning solution for households,  said Tritech. Besides, it has been included in NEA&rsquo s Interim List of Household  Products/Cleaning Products Effective Against Coronavirus. With its high degree of cleanliness,  bactericidal and deodorising properties, CWS can also be used in the food processing industry and  commercial buildings,  said Tritech. The sanitiser and disinfectant  industry is among a handful of industries that have boomed during  the pandemic. Recently, the Food and Drug Administration, USA  has warned the public on the usage of dangerous alcohol-based hand sanitisers containing methanol,  a toxic chemical, which when absorbed through the skin or ingested can lead to adverse consequences.  (Source: Click  here). CWS  is non-alcohol based without any harmful chemicals.
The  product is targeted for sale to the retail, commercial and industrial markets. Dr. Jeffrey Wang, Managing Director of Tritech, said, &ldquo The sanitiser and  disinfectant industry has seen a large spike in growth due to coronavirus. This is not all one-time,  it is a change in consumer behaviour and a social shift towards increased awareness about  cleanliness. This presents a unique opportunity for the Group to diversify its product lines and  expand its revenue streams. We look forward to improving the Group&rsquo s profitability.&rdquo | |||||||||||||||||||
If Tritech can break $0.017 convincingly today, it will be marching towards $0.02. Limited downside for a potential multi-bagger as it moves into sanitiser and disinfectant business which will starts to contribute to its revenue this financial year ending 31-March 2021.
As a small cap with a new story, just buy a sizable amount and enjoy the sweet returns :)
TRITECH: Stock jumps 23%, maiden foray into sanitiser, disinfectant industry
 
 
 
| &bull Its new proprietary product,  VaVieTM  Clean Wash Sanitize has been proven to have very strong  antibacterial properties and superior cleaning capabilities, including killing bacteria and  human coronavirus. &bull To tap on the growth potential in the sanitiser and disinfectant industry as the demand for  sanitisers and disinfectants is expected to increase. Kuan Keng Mun, Chief Operating Officer (Product) of Tritech Group, with  VaVieTM  CWS.  Photo: Company |
The share price of Tritech rose 23% post-lunch to 1.6 cents (+0.3 cent) after it announced a new venture.
Like ISDN Holdings earlier,  Tritech Group has taken a step out of its core business  to  foray into the sanitiser and disinfectant industry. 
 
|
Stock price  |
1.6 c |
|
52-week range |
1.0 &ndash 4.5 c |
|
Market cap |
S$15.4 m |
|
PE  (ttm) |
-- |
|
Dividend yield  |
-- |
|
Year-to-date  |
-27% |
|
Shares outstanding |
965 m |
|
  Source: Yahoo! |
|
Unlike ISDN which is marketing top-end German products (see  ISDN: Completes 3-day pilot project to surface coat 130 buses), Tritech has  developed a proprietary product, VaVieTM  Clean Wash Sanitize (&ldquo CWS&rdquo ).
It is targeting not just Singapore but also the China market where it has production facilities.
It said the product was created by  leveraging on its established water and membrane technology and expertise.
The NEA (National Environmental Agency), SFA (Singapore Food Agency) and HSA (Health Sciences  Authority) have in principle approved the manufacture and sales of the CWS product in Singapore as  the ingredients are classified as non-hazardous and of food grade quality.
Produced with purified water and food grade materials by using electrical ionization technology,  VaVieTM  CWS is an environment friendly, odourless, colourless, and alcohol-free cleaning solution with  high alkalinity, said Tritech.
Notably, this product has been tested effective by Microchem Laboratory,  USA in killing > 99.99996% of bacteria and &ge 99.90% of human coronaviruses after 15 seconds,  said Tritech.
CWS  has been also proven to have strong antibacterial properties and superior cleaning capabilities in  addition to its high efficacy in eliminating human coronaviruses. This sets it apart from other products  available in the market, said Tritech.
In addition to killing bacteria and human coronavirus, it can be used to remove  stubborn oil and dirt stains, sterilise surfaces and for washing fruit/vegetables, being a one-stop  cleaning solution for households,  said Tritech. Besides, it has been included in NEA&rsquo s Interim List of Household  Products/Cleaning Products Effective Against Coronavirus.
With its high degree of cleanliness,  bactericidal and deodorising properties, CWS can also be used in the food processing industry and  commercial buildings,  said Tritech.
The sanitiser and disinfectant  industry is among a handful of industries that have boomed during  the pandemic.
Recently, the Food and Drug Administration, USA  has warned the public on the usage of dangerous alcohol-based hand sanitisers containing methanol,  a toxic chemical, which when absorbed through the skin or ingested can lead to adverse consequences.  (Source: Click  here).
CWS  is non-alcohol based without any harmful chemicals.
| Tritech has production facilities in  Singapore and Qingdao (China) to address different geographical demand for the product. Batch  production has started and Tritech expects this product to contribute revenue in this financial year ending  31 March 2021. |
The  product is targeted for sale to the retail, commercial and industrial markets.
Dr. Jeffrey Wang, Managing Director of Tritech, said, &ldquo The sanitiser and  disinfectant industry has seen a large spike in growth due to coronavirus. This is not all one-time,  it is a change in consumer behaviour and a social shift towards increased awareness about  cleanliness. This presents a unique opportunity for the Group to diversify its product lines and  expand its revenue streams. We look forward to improving the Group&rsquo s profitability.&rdquo
Later open at 16 maybe like yesterday the dumping continues at 15. Just my Guess.
Bro, you queue at 16?
Shifu8888 ( Date: 15-Sep-2020 08:14) Posted:
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Yesterday after the news also never go higher than 16. So many queuing to buy at 16 now instead of 15.
To all Bros who wants to play or invest this stock, 15 can get one. No need to rush in. Queue at 15 and wait for people to dump.
I trust you, yesterday after news came out I wanted to buy at 16 also but suddenly there&rsquo s dumping, and I waited to see it drops further. Definitely can hold, I will queue some at 15, thanks bro!
Shifu8888 ( Date: 15-Sep-2020 08:14) Posted:
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I don mind holding. This needs some good bb to push. With this development, it is getting very interesting. Gloves, Masks/apparel stocks all trading at least twice the nta, tritech should easily be 3 cents but I will state 2 conservatively. I better not promote now. Let me buy some first.
ThankYou ( Date: 15-Sep-2020 08:06) Posted:
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yesterday I observed the price. I think need to buy first and hold. If you buy 15 and try to sell 16 maybe still possible. But in contra, safest  fast in fast out, do not get caught.
Shifu8888 ( Date: 15-Sep-2020 08:01) Posted:
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This company looks much promising now with this staple product. Odorless and food grade. Diverse use. Hope not too late to scoop some. May run up easily to 2 plus.
Goldenfire ( Date: 15-Sep-2020 06:28) Posted:
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This is real. Approval obtained. Production started. Unlike many others medical counters just speculate.
The price is damn cheap now. Ride before it flies.
Vested
SmallSmall ( Date: 14-Sep-2020 13:02) Posted:
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https://www.businesstimes.com.sg/companies-markets/tritech-makes-foray-into-sanitiser-disinfectant-industry
disinfectant boom ah
disinfectant boom ah
The eligible employees were conditionally granted 40,000,000 share awards
Granted at $0.029 under performance share plan.
AGM coming soon. The price may push above 0.030 for the benefit of that.
It reminds me about Rex Intl.
maybe matching 14 can long abit but thier usual pattern is force selling day eat back 13. haha
noobnub ( Date: 14-Sep-2020 13:11) Posted:
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Looking at the past graph is a good thing to do. But now and the past is different. We are in a covid19 situation. New product is gonna be a hit! Start production means.....got interested buyers in the market.
Fluffyclouds ( Date: 14-Sep-2020 13:28) Posted:
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Lol
noobnub ( Date: 14-Sep-2020 13:11) Posted:
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Can see shortist scare and take cover. lol!
Fluffyclouds ( Date: 14-Sep-2020 13:25) Posted:
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Nearest TP : 0.05
Next hurdle : 0.10
Next hurdle : 0.10
Fluffyclouds ( Date: 14-Sep-2020 13:24) Posted:
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Obviously not the right time, The product is gonna be a hit, just like biolidics.
