Latest Forum Topics /
Medtecs Intl
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The next journey
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ec0101
Veteran |
07-May-2021 20:12
Yells: "Do what you have to do." |
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Actually, FY2021 Q1 vs FY2020 Q4 can be seen in DBS' s recent analysis.  There is a huge drop in revenue when comparing  FY2021 Q1 vs FY2020 Q4 which caused DBS to also immediately revise the TP from 1.25 to 0.92. The profit is definitely higher compared to FY2020 Q1 but FY 2020 Q1 was rather poor all along.
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kasuya
Member |
07-May-2021 20:10
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No need to gloat la. Damn bad taste.
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SgTrader17
Elite |
07-May-2021 20:06
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Just a 5 cents correction, don't worry. Next week will sure be better ... Towards target price of $2 and annual dividends of 6.1%! Hear say, big orders will be placed. Don't worry. Sure go up ... | ||||
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eric998
Supreme |
07-May-2021 19:39
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Wow, 1mil shares cost $1mil, Salute you, can show your buy orders? HUAT to you!
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ETLee8
Master |
07-May-2021 18:59
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Today as expected the drop is subdue, likely Chng Kay has not sell its intended amount of stocks yet. Going forward it will be range bound    |
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ETLee8
Master |
07-May-2021 18:43
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There is a tremendous difference between the Gloves companies and Medtecs. TG, Riverstone, .. management support of share prices, publicity, investors relations, share buy backs, reportings are excellent, spontaneous.and proactive.  They defended their share price earnestly. Medtecs management is elusive, does not show any concern of  their share price, reporting not prompt, in short investors were left guessing most of the time. The more u dig, the more danger to invest in, my 2 cts worth, DYODD  |
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shareabc
Member |
07-May-2021 18:30
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mgt playing game of ward, only mention 1q2021 vs 1q2020 the revenue and profit increase, but nvr mention 1q2021 vs 4q2020, revenue and profit drop by 2/3. market worry about the sustainability of company's revenue and profit.
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crystalbee
Veteran |
07-May-2021 18:17
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Just giving my opinion. Medtecs is the strongest counter among gloves, PPE in terms of having least loss from vaccine news. Riverstone closed at $1.89 before Pfizer vaccine news but now at $1.33....share price down 30%. Medtecs was $1.16 before Pfizer vaccine news and now down 15% to $0.98. Not bad not bad.Today itself down 5%......quite good considering Net Profit fell 70% compare with Q4. I think previous high profits was due to selling at " spot prices" for very urgent orders same like how Supermax got their high earnings. Now number of covid-19 cases have stabilised in some countries so there are less of very urgent orders and selling at super high prices so profit fall lor. My personal opinion....maybe right maybe wrong...learning to learn more. Not vested.  | ||||
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jimmysum
Member |
07-May-2021 18:12
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Bros,  can someone enlighten me here? Medtecs reported "   Net profit rose to US$13.2 million for the three months to March 31, up from US$3.67 million in the year-ago period" (https://www.businesstimes.com.sg/companies-markets/medtecs-q1-net-profit-jumps-to-us132-million-as-ppe-demand-remains-elevated) Why does the share price drop instead? Is there any other bad news?    |
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Blowyouoff
Veteran |
07-May-2021 18:06
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You use this term and you asking me who is BB? From your remark, I thought you know better 
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zandlery
Supreme |
07-May-2021 17:56
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Looks like your average price bought at high. Shld be from last year batch.
Now it make sense why the bombard of COVID-19 news here and IN. I do agree should not fall in love with a stock. U will miss taking profit even it's a small one and end up losing more.
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histoka
Member |
07-May-2021 17:54
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Bro Greg,  though I am out of MT I still wanted to say A BiG Thank You for all your efforts to engage MT IR and posted all your correspondences here for us to read.  As the Chinese proverb goes,,,  留 得 青 山 在 , 不 怕 没 柴 烧 .      With your fresh MT funds on hand, you will have a comeback on the other stock counter and strike BiG there.    Take Care and have a great weekend ahead!   
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CheongArgh
Master |
07-May-2021 17:40
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Go take a look at Shen Yao' s thread and you will see it' s vast difference from LionGold. It' s a new management, new business diversification, strategy n venture. They are now into hedge funds management, properties surrection.....not only just dealing in gold exploration like the old LionGold. Don' t trust what I said too much.....go dig out their website.....cheers !!!!!
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jesmarnew
Senior |
07-May-2021 17:35
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When the most fervent investor also give up in the counter...it' s time to accumulate!!! Today start my first 100 lots at 95 cts....next week will accumulate more...hope to buy up to 1m!!! I m investor no speculator go unless you are at my level plse do not follow blindly!!! | ||||
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boyboy61
Supreme |
07-May-2021 17:27
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I dun know, but to invest in Liongold (Shen Yao' s old name) is it a good idea or just speculation. I bought at 0.001 previoulsy but gave up. What cause it to rise to the present price? be careful.....
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CheongArgh
Master |
07-May-2021 17:07
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Bro Greg, if got time, take a look at Shen Yao.....it' s starting to move, and it' s being dubbed by many as Oceanus the 2nd, if not, better than Oceanus.....cheers !!!!!
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gregtan123
Supreme |
07-May-2021 17:06
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yes but I ask myself wat is the max upside from 0.98 today close (not sold yet). 1.05??? even that is hard, i do hope BB push but why would BB push? Anyway Bad Call by me on Medtecs, hand up, worst investment call of the century. Sorry for those who followed. Should have bought Doge Coin instead sigh.
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boyboy61
Supreme |
07-May-2021 17:00
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expect the unexpected....was ridiculed by some longists not too long ago for being too pessimistic but then, who knows what will happen in the next week or so..............
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shareabc
Member |
07-May-2021 16:57
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top glove already fly, when will this one move | ||||
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gregtan123
Supreme |
07-May-2021 16:52
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I have decided that I am SELLING Medtecs and Cutting Loss. Not sure if overall Medtec, actually make a loss or profit, will count and let everyone know perhaps when I finish selling all. Cannot fall in love with a stock. No Faith in Management actually in terms of revenue/profit. Macro and Micro factors by my metrics has changed. I wish every Longist the Best. I am not playing Medical Anymore once I sell, I think the boat has long sailed.  That said for longist, SG covid worsening. TTSH cluster stopped 2 days ago. There was 1 Community Case, then yesterday 2 Community Case, Now 4 Community Case. Sadly Medical also partly sentiment driven, if Community Case Doubling then got hope.  But I dont like hope, so I am selling soon, so Longtermer bro, you are the LAST man standing if u have not sold.  No More Medical. And Greg has Lost on the Medical Call. White Flag Already. Bye Medtecs, u have not been good recently but thanks for the memories.  |
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