Latest Forum Topics /
Medtecs Intl
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The next journey
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3jhuat
Member |
07-May-2021 13:16
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Happy to see Medtecs alive, it's okay to go up or down.
I'm vested
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the3nomads
Supreme |
07-May-2021 13:12
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Hope all managed to buy in or add at lelong 92x to 9xx ...in time for Div next week ...! | ||||
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ss2017.
Supreme |
07-May-2021 12:50
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Anything can happen, may be by closing time, share price goes back to above $1. Contra people are more than happy and joyful. | ||||
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zandlery
Supreme |
07-May-2021 12:49
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Just curious what other product they sell as covid-19 sensitive as the mask?
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Abe2021
Veteran |
07-May-2021 12:47
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你 要 买 吗 就 现 在 . 在 接 下 来 就 可 能 没 有 这 个 价 钱 。 | ||||
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Abe2021
Veteran |
07-May-2021 12:44
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现 在 口 袋 有 钱 可 以 想 怎 么 做 来 扩 充 生 意 。 Blowyouoff you are correct, William Yang has shared about their expansion plan. They also have the mandate to buy back share.  没 事 , 没 事 。
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Abe2021
Veteran |
07-May-2021 12:39
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Bro, 2 more days lah .... XD 12 May meaning last day is Tuesday. That' s why they are asking youi to sell. Else left right pocket.  Today last day for the week. Next week only have Mon and Tues. Stay safe and dyodd. Don' t trade away pound for penny 🤣 🤣   🤣
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ss2017.
Supreme |
07-May-2021 12:32
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Three more days before xd, take care traders!! | ||||
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Abe2021
Veteran |
07-May-2021 12:31
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Clement Yang, family and institution have huge share in the coy. Free float is thinnnnnn.  Shortists have shorted the counter in the morning. Well if you afraid the sky is falling then sell lor. Exactly what they want you to do. Why would CEO, William Yang wants to move over to mainboard ? 屁 股 痒 ? First look at the revenue, dividends, book value ..... guess you have missed out on the presentation early this year.   
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Blowyouoff
Veteran |
07-May-2021 12:31
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Bro, Medtec doesn' t rely on surgical mask alone.. core business are in medical needs and I believe their main clientele are still hospitals your observation of reduction in 3-ply no doubt is correct but I think you underestimated world population.
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zandlery
Supreme |
07-May-2021 12:30
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U still trust analyst reports? They have agenda imho.
I just use it to anticipate their intention based on the timing of their releasing. Like u say right after business update they downgrade they could be encouraging a sell so they can collect lower.
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ec0101
Veteran |
07-May-2021 12:30
Yells: "Do what you have to do." |
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Sad to say, the Q1 revenue drop is really a big concern. No surprise the price dropped like coconuts
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AhTan888
Senior |
07-May-2021 12:23
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Actually what surprised me was the DBS report. For so many quarters when the company is making record profits, no analyst or bank cover medtecs. Suddenly, within hours of the announcement a, DBS was so quick to downgrade the counter. Really sounds like a conspiracy to me. Don't know whether to trust these reports nowadays or not.
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guards80
Supreme |
07-May-2021 12:22
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Medtecs Int' l Corporation: Longer-term concerns arise 
Key summary points
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zandlery
Supreme |
07-May-2021 12:16
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I believe due to acceptance of reality covid-19 will stay with us for quite a period of time, many people already switch to using reusable mask. I myself do that. And you can see the sign daily outside.
This is just in Singapore. So Q2 sustainability of revenue will be in question.
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ETLee8
Master |
07-May-2021 12:01
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Agree.  This is a new strategy which many other co may learn going forward.  I think they hv not started to collect yet.  More shows to come
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ss2017.
Supreme |
07-May-2021 11:54
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From now to dividend due next week, this counter is on wave one upward movement. Buy for dividend is a good idea. Sell just before xd is also another good idea. Dyodd | ||||
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ss2017.
Supreme |
07-May-2021 11:46
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According to sg yuan's idea, I think this counter should have fully corrected by now. Enjoy the wave ride upward. | ||||
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AhTan888
Senior |
07-May-2021 11:39
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Really ruthless. Release dis type of results to press the price down and happily collect cheap. | ||||
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ETLee8
Master |
07-May-2021 11:18
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Some info for consumption.  My perspectives. In Sg most people purchase 3-ply mask for 5cts per piece ($10 for 250 pieces), in Taiwan the people wear surgical mask when going out.  The cost of surgical mask is 20cts per piece.  They only use the 3-ply mask at home. Many countries can not afford surgical mask, some even not the 3-ply mask. The cost has gone down tremendous from last year' s peak.    Sales volumes could hv gone up, but profitability likely has come down. Besides, many countries have started their own factories like SG ST, Temasek Foundation,  Hence Medtecs profitability will be seriously impacted going forward. Of course it is a no brainer situation and management is fully aware and perhaps they already hv done forward planning as to where they can make the most money out of it.  DYODD pls  
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