Latest Forum Topics /
Medtecs Intl
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The next journey
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Longtermer
Elite |
09-Apr-2021 12:33
Yells: "A disciplined investor is a wealthy investor" |
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Medtecs has been hovering 90 plus cents for a long long time.. underperforming the last few days of run up by gloves counters. Its time will come for such undervalued stock. Meanwhile, lets not speculate or come out with too many theories such as Yang warriors or SGX not approving etc.. Wait for more updates starting AGM news next week as mentioned by Bro Greg. Dyodd as always and no contra.   |
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lailai
Elite |
09-Apr-2021 10:26
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The usual pump to dump by LH to RH fulltime kakias. Remembered some kind forumer recently warned it got pumped to 101 and then dumped down to maybe around 95/96, trapping many unprepared contras. Favorite profitable pastimes by LH to RH but miseries for itchy finger contras. Usual tricks and traps. Whatodo. Think that' s y kongsi got wise, know buyback no use, cannot outplay the tang chiak players probably from broking houses and whatnots. Also maybe reason y sgx no approve MainBoard transfer for almost 5 months cos approve also no use, more contras will kena trapped and lose their pants to BBs and their kakias. They also cannot prevent these BBs and kakias playing their tang chiak games, otherwise where does their fees come in?
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the3nomads
Supreme |
08-Apr-2021 21:03
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Bloomberg: Overseas funds are loving Malaysian glove stocks again after selloff... | ||||
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gregtan123
Supreme |
08-Apr-2021 20:02
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BREAKING Reply from Medtecs IR
 
Thanks for reaching out.  The date of the AGM will be announced next week together with the annual report and AGM notice.  Dates for dividend payment will be announced soon in due course.
 
We will announce progress on our Mainboard transfer application if and when we have anything material  to share, of course.
 
As for  2, I' ll have to get back to you on that.
 
As for 1, the reporter had the amount for the Philippine military contract wrong  We would get in touch and ask the reporter to rectify.
 
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ETLee8
Master |
08-Apr-2021 19:20
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Both things are equally important.  Business and share price/holdings.  This is something that TG did very well. No point business doing very well, management holding only 10% share.  Someting very strange right.  No confidence in yr company ?  How can investors hv confidence too ??? |
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ec0101
Veteran |
08-Apr-2021 19:08
Yells: "Do what you have to do." |
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Of course, business comes first. However, it is never right for a public listed company to leave its shareholders hanging in the dark like now. During the corporate presentation previously, they clearly iterated that they will follow up and are hopeful that there will be updates soon. Moreover, based on SGX listing rules, AGM must be announced at least 14 days before excluding the date of the announcement. Since there has not been any announcement thus far on the AGM date, it seems it is definitely not going to be happening any time in the next 2 weeks.
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YouYongKu
Member |
08-Apr-2021 18:41
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Share price are secondary.
Medtecs business is primary focus here.
They are expending their branding so more folk knows about medtec. With more sales and revenue come good profit. With good profit then with good share price.
Imagine they spend all their focus on the share price buying back shares to support it. Then where do they have the cash to expend their business. But it would be nice if they could update us on the main board listing and Q1 sales.
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Longtermer
Elite |
08-Apr-2021 18:16
Yells: "A disciplined investor is a wealthy investor" |
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Thanks bro for the effort.. looking fwd to an update. Best is via SGX announcement soon.   
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jesmarnew
Senior |
08-Apr-2021 16:44
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Vaccine is a false illusion.....Covid will be here to stay a few years!! EVerywhere from Asia to Europe to Latin America all popping up 2nd or 3rd wave!!! Will be a long way before SIA can fly like before!!! Sweet dream folks!! | ||||
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the3nomads
Supreme |
08-Apr-2021 16:42
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My honest opinion....SG too...the will to do the world economic forum in Aug and travel bubbles coming up with various countries --- all will lead to increased community cases...hopefully we are well prep this time around
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ec0101
Veteran |
08-Apr-2021 16:07
Yells: "Do what you have to do." |
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India aside, the Philippines which is a lot closer to us is also having a major set back due to COVID right now. Many are just overly optimistic about the vaccines in my opinion. Just like how SIA share price is now even higher than pre-covid prices.. Mind boggling.
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the3nomads
Supreme |
08-Apr-2021 15:59
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See if this round can break 101 resistance... | ||||
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ETLee8
Master |
08-Apr-2021 15:44
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Greg, Much Appreciated n Tks..
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gregtan123
Supreme |
08-Apr-2021 15:19
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$Medtecs Intl(546.SI) Don' t say I never TRY.
 
Dear Christine and Medtecs Investor Relations Team,
May I ask about the Following Updates?
(1) Philippines Military Contract: SGX Update Perhaps?
Please take a look at this: 楊 威 遠 說 , 與 各 國 政 府 合 作 的 過 程 中 , 也 衍 生 出 醫 療 產 品 以 外 的 商 機 , 例 如 第 1季 就 接 到 菲 律 賓 軍 服 標 案 , 單 一 個 案 子 就 貢 獻 幾 千 萬 美 元 。
 
https://tw.stock.yahoo.com/news/%E7%BE%8E%E5%BE%B7%E9%86%AB%E5%B8%83%E5%B1%80%E5%BE%8C%E7%96%AB%E6%83%85%E6%99%82%E4%BB%A3-%E6%89%93%E9%80%A0%E5%85%A8%E7%90%83%E5%BD%88%E6%80%A7%E4%BE%9B%E6%87%89%E9%8F%88-124738505.html
 
(2) Quarter 1 is Over, Will there be a Quarter Update Like Last Year?
(3) Is there an Update on the Mainboard Listing?
(4) When is the AGM to Approve the Dividend?
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the3nomads
Supreme |
08-Apr-2021 15:15
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There was a report in US saying Covid is endemic...and what vaccine companies are not telling us is that they approached the vac development like the flu shots - meaning a profitable vaccine which may require booster shots annually (just like flu) cuz Covid virus mutates (jus like flu virus). So maybe it's bad news for humanity....but good news for med counters?!?
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gregtan123
Supreme |
08-Apr-2021 14:56
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India posts record COVID-19 cases, 13-fold jump over two months India' s second wave of COVID-19 infections continued to swell as it reported a record 115,736 new cases on Wednesday (Apr 7), a 13-fold increase in just over two months and raising pressure on the government to expand its vaccination campaign. https://www.channelnewsasia.com/news/india-posts-record-covid-19-cases-13-fold-jump-over-two-months-14573372   |
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ec0101
Veteran |
08-Apr-2021 13:56
Yells: "Do what you have to do." |
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Agreed. The management recent actions after the last presentation have been really poor. They have not given any updates on the mainboard listing, no AGM announcement, even the mentioned dividend has not been officiated. It is as if they just stopped all communication with their shareholders. I did notice however it seems they appear to have given up on the share price and instead are working on expanding their brand name and business in TW. If you look at their official Facebook account, there has been plenty of events in which they have actively participated.
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gregtan123
Supreme |
08-Apr-2021 13:40
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my bad EtLee, I feel you. the Management is POOR. also no updates on Dividend and EGM??? Sigh. Let me write to them again! Let' s see 2 SGD!
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ETLee8
Master |
08-Apr-2021 13:35
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Already 5 months (probably the longest in the history of SGX) and yet no updates on move to Mainboard.  NO CD yet, maybe change their minds ??? | ||||
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ETLee8
Master |
08-Apr-2021 13:33
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Yours is no $2 no sell, my is no $3 no sell.    Ha Ha ah Ha
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