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If you refer to the table below, Medtecs is performing better than UG and the rest.
They are expert in PPE and not mask. William Yang is young and confidence with the guidance from his father, Clement Yang. His sister also came in to expand the company.
https://www.businesstimes.com.sg/companies-markets/medtecs-strategises-to-be-more-than-a-one-hit-pandemic-wonder
Medtecs strategises to be more than a one-hit pandemic wonder
Medtecs International Corporation Limited (the &ldquo Company&rdquo or &ldquo Medtecs&ldquo ) is the world&rsquo s leading provider and distributor of personal protective equipment (PPE) and a trusted multi-national PPE stockpiling solutions provider to governments and group purchasing organizations around the world.
Will continue to monitor and watch, further dip could be an opportunity to collect. The dividend payout also quite good.
Yatsa13 ( Date: 15-Sep-2021 16:21) Posted:
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Why is it so .... both also from Malaysia
bxylqwan ( Date: 15-Sep-2021 16:32) Posted:
Topglove and riverstone were playing the same game a month ago. But currently Topglove is the clear winner. Loool
ringo88 ( Date: 15-Sep-2021 16:30) Posted:
| Between MT and UG, it almost seems like who can go lower faster.. |
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If what you said is true, then Medtecs got hope.
Monitoring and doing some homework.
Fundamentally looks healthy and the future is bright. Will let the big boy press the price down first then decide .... later
ETLee8 ( Date: 15-Sep-2021 16:18) Posted:
UG' s directors owned more tyhan 65% shares, Medtecs directors owned about 12%.
Besides raw materials for Gloves is limted from Malaysia, Indo, Thailand, Raw materials for Medtecs products are easily available.
Which co share price will be more supported ?, Clear right.
revolvingdoors ( Date: 15-Sep-2021 15:35) Posted:
| does anyone think Medtecs' price will dip below UG? |
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Medtecs International Corporation achieved a rare feat of making a clean sweep of all four awards categories for this sector. The Tai wan-based but Singapore-listed company specialises in providing personal protective equipment (PPE) for the healthcare industry. These ranged from masks to dispos able gowns.
Demand for the company&rsquo s products has seen a supranormal surge when the pandemic hit and hospitals and clinics around the world requiring personal protective equipment (PPE) to keep their healthcare workers safe.
TA_Expert ( Date: 15-Sep-2021 11:23) Posted:
| NTUC fairprice was selling masks of 50 at $3.95 last week. Cartons, not boxes sold one by one. |
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Start of a new beginning for our market.
One thing outsiders praise SG, when they said they will do it ...... good beginning
ahbui8 ( Date: 15-Sep-2021 11:04) Posted:
It will still continue to shrink and getting smaller.
Yatsa13 ( Date: 15-Sep-2021 09:46) Posted:
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Yesssss, ultimately they will move it down. This morning they tried to push at 8.4c 🧐
vivacious ( Date: 15-Sep-2021 10:50) Posted:
| super manipulated stk. Just now 36M buy queue at 82 then now suddenly 14M |
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Medtecs is big winner in this pandemic year
Medtecs International Corporation achieved a rare feat of making a clean sweep of all four awards categories for this sector. The Tai wan-based but Singapore-listed company specialises in providing personal protective equipment (PPE) for the healthcare industry. These ranged from masks to dispos able gowns.
Demand for the company&rsquo s products has seen a supranormal surge when the pandemic hit and hospitals and clinics around the world requiring personal protective equipment (PPE) to keep their healthcare workers safe.
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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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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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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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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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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Stanley, exactly just have to let it work its way - market weighted
Anyhow I have set my alerts.
Ciao
stanleytay ( Date: 15-Sep-2021 09:18) Posted:
There is a group of people here who wants to see smm die. Everytime the stock not moving or down, they will come in.
But its part of the process. Just have to let it work its way.
MANFREDTMK ( Date: 15-Sep-2021 09:14) Posted:
I meant affect my work. Monitoring the price is very time consuming. Even if it goes below 8 cents, it is likely to be temporary, perhaps due to hedge funds pushing it down to trigger Margin Call in order to collect the share cheaper. But the big question is, after collecting cheap, WHAT WILL THEY DO?
So, how wrong can one be buying below 8.2 cents.
Like Stanley said, how many kind souls are there who take pity on you and sell you at 7 cents, bearing in mind, SM is now a stronger animal after the Rights issue with progress payment's slowly coming in and new contracts on the cards. |
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Yeah .... today' s news about Temasek planning to give local stocks a boost.
https://www.straitstimes.com/business/companies-markets/singapore-said-to-plan-local-stocks-boost-with-temasek-fund
Our market is shrinking smaller and smaller, it is about time to do something. Stock market is like the pride of any country.
Waiting for the news .... good news maybe is better than the former 91% 😜
MANFREDTMK ( Date: 15-Sep-2021 09:02) Posted:
I don't let the vagaries of the stock market, mostly driven by hormones rather than deep analysis, determine the share price in the short run. So, I will strive to avoid looking at the share until January. Not easy though, but must try.
Yatsa13 ( Date: 14-Sep-2021 21:44) Posted:
Where is Manfred ? Disappear
Everything is manipulation ... arh boh dan.
Cfmd tomorrow they will short the price down.
Watch and wait for it to happen if low enough will collect some ... bet you cheaper than the rights 8 |
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Stanley, thanks for being frank and honest. Maybe it will dip below 8c to shake the weak ones. They love to do that ....
I am all ready. All the best to you ! 😃
stanleytay ( Date: 14-Sep-2021 22:18) Posted:
To be honest.. if im a shortist fund, i will be the first to sell at 0.2.. 0.19 etc. Retailers being the weakest of all will be last to sell. Most likely from 0.13 to 0.09. Selling now and hoping to cover back at 7c, 6c or 5c. Frankly i dont think short funds interested. Thats how i view smm. I respect your target price, whether there will be kind souls selling it down for you to buy. I really doubt it.
Yatsa13 ( Date: 14-Sep-2021 21:44) Posted:
Where is Manfred ? Disappear
Everything is manipulation ... arh boh dan.
Cfmd tomorrow they will short the price down.
Watch and wait for it to happen if low enough will collect some ... bet you cheaper than the rights 8 |
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A-greed. Waiting for the result.
I' m not so sure if T is going to that generous.
Hahaha ... let' s see the result tomorrow
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Where is Manfred ? Disappear
Everything is manipulation ... arh boh dan.
Cfmd tomorrow they will short the price down.
Watch and wait for it to happen if low enough will collect some ... bet you cheaper than the rights 8c
stanleytay ( Date: 14-Sep-2021 20:26) Posted:
Shortists.. interesting to hear that big short funds will sell here.
But you dont bet lah, wait lose money .. you said its because of manipulation.
Yatsa13 ( Date: 14-Sep-2021 19:53) Posted:
Crazy ... so close to 8c !!! Does it even make sense to go for the excess rights.
Will wait for 7c, 6c or 5c
Better, do you really think the price will go higher ? Even with all your news posted, the price still went south 🤪
Before the RI, I rmb you are so bullish, everyday buy buy buy ... now you are telling people to subscribe for excess rights.
I bet tomorrow the shortists are going to bring the price down down down.
Just watch and see |
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Aiyo ... all the ka chaim puteh taking up of the rights, Please lor
Look at Tan Sri Mohd Hassan Marican sold off 4m rights and
Koh Chiap Khiong sold off 5.6m rights
desmodeus ( Date: 14-Sep-2021 20:24) Posted:
check out the announcent😉
Yatsa13 ( Date: 14-Sep-2021 19:58) Posted:
The management sold their rights by the millions ..... what mai tu liao !!!! 不 要 害 死 人 。
Your nickname is also danger.
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The management sold their rights by the millions ..... what mai tu liao !!!! 不 要 害 死 人 。
Your nickname is also danger.
desmodeus ( Date: 14-Sep-2021 19:50) Posted:
| management also took up the rights shares😉 mai tu lao. paynow at the comfort of your home. MCAS |
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Crazy ... so close to 8c !!! Does it even make sense to go for the excess rights.
Will wait for 7c, 6c or 5c
Better, do you really think the price will go higher ? Even with all your news posted, the price still went south 🤪
Before the RI, I rmb you are so bullish, everyday buy buy buy ... now you are telling people to subscribe for excess rights.
I bet tomorrow the shortists are going to bring the price down down down.
Just watch and see
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