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Medtecs Intl
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The next journey
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Secret_Squirrel
Elite |
30-Apr-2021 19:45
Yells: "Stay curious but skeptical" |
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I think they just want to concentrate running the business well. They did not want people or BB to manipulate the share price, so will not make any forward looking statement.
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ec0101
Veteran |
30-Apr-2021 19:35
Yells: "Do what you have to do." |
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Correct, it is standard. After all, rightfully I don' t think they should be disclosing such dates via email but it ever it should be officially on SGXnet in compliance with SGX rules. Also, note that I did not mention that there will be any news coming but instead I am reaffirming my " nobody knows" by pointing out the IR response to it in bold.
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Hellvish
Senior |
30-Apr-2021 18:45
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But the Reply from the IR team was quite generic and standard Dont think there will be any news coming 
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ec0101
Veteran |
30-Apr-2021 18:02
Yells: "Do what you have to do." |
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Nobody knows unless you wish to make reference to last year when they released their unaudited first quarter results on the 5th of May 2020. This is what bro Greg managed to find out from Investor Relations.  Quoting bro Greg' s previous post about it:
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Blue_Dragon
Member |
30-Apr-2021 17:18
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When is the Q1 announcement date? Appreciate | ||||
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ec0101
Veteran |
30-Apr-2021 17:01
Yells: "Do what you have to do." |
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It' s hard to say. If you look at the AGM substantial questions response, they are being very cautious not to mislead investors into thinking that 2021 will be better than 2020. Key thing to note from their response, there' s no guarantee 2021 will beat 2020 even though Q1 2021 is definitely going to beat Q1 2020. The key question remains as to how would Q1 2021 be in comparison to Q4 2020. 1) The Company&rsquo s strategy is to secure recurring orders of large volume from our customers, both existing and newly-acquired, so as to create long-term steady revenue streams as the foundation for our continued growth. Our goal is to enter such long-term supply contracts with at least two of the three largest group purchasing organizations in the North American region this year. 2) 2020 was an exceptional year. It will be challenging for the Group to exceed our performance in FY2020. However, judging by the World Health Organization&rsquo s statistics of the COVID-19 situation, the Company is of the view that global demand for PPE will remain elevated for the foreseeable future, and the level of awareness for healthcare products will remain high. The Group&rsquo s revenue in the first quarter of FY2021 increased compared with the same period in 2020. The Group will continue to work towards becoming a leading PPE stockpiling services provider and Asia&rsquo s first multinational group procurement platform with one-stop shop capability to generate long-term revenue and growth. The above is based on a preliminary assessment of the latest unaudited management accounts of the Group and is not based on any financial figures or information which have been audited or reviewed by the Group' s auditors. Accordingly, shareholders are cautioned not to place undue reliance on any forward-looking statements, which are based on the current view of management regarding future events. The Company will provide further details of the Group&rsquo s performance as and when appropriate (including providing relevant business updates between the announcements of its financial results)
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zandlery
Supreme |
30-Apr-2021 16:50
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Err.... I thought the AGM mention 2021 not easy to exceed 2020? Said many countries cut order......
So who is correct?
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Spike18
Member |
30-Apr-2021 16:48
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Why contra ? There is dividend coming ?  The CEO already hinted that 2021 will be good.  If one look at the quarterly results of 2020, it can be expected that 2021 will surely exceed 2020.   
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the3nomads
Supreme |
30-Apr-2021 16:47
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TTSH cluster now also 9....so plus today 4 is only 13 ...at least not as bad!
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trader1970
Elite |
30-Apr-2021 16:37
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Breaking news:- 9 new COVID-19 community cases, including 4 linked to Tan Tock Seng Hospital nurse - CNA (channelnewsasia.com)   9 new COVID-19 community cases, including 4 linked to Tan Tock Seng Hospital nurse |
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trader1970
Elite |
30-Apr-2021 16:31
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9 new community cases in S' pore on Apr. 30, 4 linked to Tan Tock Seng Hospital clusterA total of 24 new cases. https://mothership.sg/2021/04/singapore-covid-19-april-30/ |
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lailai
Elite |
30-Apr-2021 16:27
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Not likely lah. If BBs wants to distribute they will do so after pushing up to 120-130, and trap the chasers. Then they    collect the 5.6c div after 11 May, then get their RH to LH kakias to do the dumping to say current 112/113. By then, they would hv made huge profits from the chasers and the div. Think by next week, the price will be chased higher as the days get closer to xd which is 12th may. Just opinion. ![]()  
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Elf2000
Elite |
30-Apr-2021 16:24
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Not likely distribution lah today probably will at $1.09 to $1.11
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lailai
Elite |
30-Apr-2021 16:16
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What u said about contras is true. They may make 1 bid for peanuts, but risk the loss of 3 bids for coconuts. Having said that, think if it shd drop to 108/109, then can contra. Cos at that price, chances of gaining 3 bids for coconut is better than losing 1 bid of peanuts. Think tdy will close at 112/113. But imo, looks like by last day of CD, likely to move to 120-130. At 120, and with the yr' s div at 6.75c, the div yld is 5.6, better than FD of the best banks which probably hover ard 1c lah. But taking into consideration that CEO got say that he will reward div to shareholders, likely future half yearly div can be expected to be good, as good as the current 5.6c, or even higher, cos the kongsi can afford it as their eps is expected to stay high, with their ppes and masks in greater demands with current trends of covid virus mutating into variants making it hard to eliminate them even with vaccines. Already many reports that people who have 2 dosages of the vaccine still can get it. Look at India, spreading like wildfire, it' s truly scary. ![]()
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ETLee8
Master |
30-Apr-2021 16:08
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More like distribution leh.  Hope it is not the case.
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Elf2000
Elite |
30-Apr-2021 16:04
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Probably TGIF effect.
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eric998
Supreme |
30-Apr-2021 15:46
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contras selling? contras in trouble again.. sign.. this counter better dont contra.. difficult to up 1-2 pips but can down 3-4 pips easily.. 
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the3nomads
Supreme |
30-Apr-2021 15:21
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India in just one week raised world Covid cases by 2.5million + | ||||
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gregtan123
Supreme |
30-Apr-2021 15:17
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India reports more than 386,000 new COVID-19 cases, another record daily rise  All vaccination centres in India&rsquo s financial capital Mumbai will be shut for three days from Friday (Apr 30) due to a shortage of COVID-19 vaccines, said authorities.   This comes as India reported a record daily rise of 386,452 new COVID-19 cases, while the death toll jumped by 3,498 in 24 hours, according to health ministry data. https://www.channelnewsasia.com/news/asia/india-record-daily-rise-covid-19-cases-deaths-14718334 |
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jacky80
Senior |
30-Apr-2021 15:00
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UG Healthcare shootup, waiting for mectech
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