Latest Forum Topics /
Medtecs Intl
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The next journey
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ETLee8
Master |
15-Jun-2021 10:52
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Switch to Union Gas, now sitting on 25% profits happily. Forget this, many other good counters to look at.
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ADS2200
Veteran |
14-Jun-2021 23:21
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Secret_Squirrel, get ready.  Sign of recovery. Dyodd
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ETLee8
Master |
14-Jun-2021 14:01
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Ha Ha Ha, taking their hard-earned money to give them to shareholders ???  Must be joking !!!!!
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justin79
Senior |
14-Jun-2021 12:21
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Are we looking at a potential inverted hammer in the chart?  | ||||
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FreeEagle
Member |
13-Jun-2021 13:57
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https://www.ifc.org/wps/wcm/connect/1d32e536-76cc-4023-9430-1333d6b92cc6/210402_FCDO_GlobalPPE_Final+report_v14updated_gja.pdf?MOD=AJPERES& CVID=nyiUnTU | ||||
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Secret_Squirrel
Elite |
13-Jun-2021 11:13
Yells: "Stay curious but skeptical" |
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Looking at past pricing, entering below 95 cents seems a good option. (DYODD) But I won' t buy so early as money will get struck. Will consider it when nearing to reporting results and dividend. ![]()
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Abe2021
Veteran |
12-Jun-2021 14:09
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Hahahaha ... mainboard is a bonus. Anyway company is profitable and doing charity. Next they will reward shareholders.  Think about it currently price is still good. include the dividends collected still more than $1   |
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blacklabel
Member |
12-Jun-2021 11:11
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Must be on the way to delist as the price cant maintain above 1$ for any substantial period. unless a reverse split is done..
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stockman20
Senior |
12-Jun-2021 00:30
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If Im not wrong, I recall there was a confirmation from WY during AGM that MT has already submitted the application to Mainboard to SGX. Anyone can confirm? Or does he mean an INTENTION to transfer? There were no official update announcement in the SGX. I only recall there was INTENTION to transfer then no further updates. Look at ASPEN and UNION GAS.  Can MT update? If they are really waiting for SGX, then be PROACTIVE, management should try to ask the SGX for clarification. something is not right with 6 months of wait definitely, maybe 1 year also no news! |
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Gnoixed
Member |
11-Jun-2021 18:41
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Yup, because SGX probably took into account their last 2 years results as well. And MT is trying to prove that it is not a 1 time wonder due to pandemic and moving forward, it is able to substain its profit and growth as well. Hopefully with FY2020 results along with Q12021 and next quarter results, SGX can approve the transfer. If not, the Company will just enjoy huge profits + low fees by staying in the Catalist Board.
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eighthwonder
Member |
11-Jun-2021 17:30
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Original submission to transfer to Mainboard  was made around 16th Nov. 2020. Medtecs was a small company. WY did mention that he might have to submit  FY results in April to SGX. From April to  now it is about 2 months. Union Gas submitted on 27/4/2021  and was approved on 10/6/21 --about 7 weeks. Aspen submitted on 26/10/2020 and was approved on 23/12/20--about 2 months. But these are mature companies with regular revenues and profits, and approval was more easily maintained. If SGX had rejected Medtecs, the Company will make the necessary anouncement to share-holders
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Hawker80
Senior |
11-Jun-2021 17:27
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Bull Shit bro,  please shut up... u dont have any credit anymore.
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jesmarnew
Senior |
11-Jun-2021 17:18
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Next week rocket!!! Fantastic Q2 Mar - Jun....special dividend on the card!!! Huat ah!!! | ||||
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ETLee8
Master |
11-Jun-2021 17:10
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SGX will not inform the public but will inform the applicant why it was rejected.
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lailai
Elite |
11-Jun-2021 16:46
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Yeah, did attend their webinar, had also presumed that the application was submitted. But the llong silence from sgx is beginning to cast doubts, as it has been 7  months since WY mentioned about the application to transfer to Mainboard, and shareholders had already approved to transfer in meeting. Other counters have been approved in far shorter periods, such as ASPEN. There don' t seem to be any transparency why there is such a long delay. If application is rejected, sgx has the duty to inform the public, and inform the company why they were rejected. 
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Gnoixed
Member |
11-Jun-2021 14:31
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If you have been attended their online seminar, William Yang has mentioned that they have submitted the application and hopefully with the release of their full FY2020 results, SGX will be more confident with their forward looking plans to substain and grow their Company.
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Luzern
Supreme |
11-Jun-2021 13:56
Yells: "9" |
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Looking at the numbers. 1) Qtr vs Qtr performance----https://sginvestors.io/sgx/stock/546-medtecs-intl/company-announcement 2) US Active Covid cases----https://www.worldometers.info/coronavirus/ 3) Europe Active Covid cases----https://www.worldometers.info/coronavirus/ 4) World Active Covid cases----https://www.worldometers.info/coronavirus/ 5) Global vaccination numbers and rate ----- https://www.bloomberg.com/graphics/covid-vaccine-tracker-global-distribution/ 6) Reference to the event duration of similar events of global scale------https://www.britannica.com/story/how-long-did-the-flu-pandemic-of-1918-last#:~:text=The%20influenza%20pandemic%20of%201918,1918%2C%20during%20World%20War%20I. |
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Hawker80
Senior |
11-Jun-2021 13:48
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Not forgotten but intentionally did not submit perhaps.  ( How do you know? what is the basis of this statement?) Now people are talking about Covid Test Kits, Masks n PPEs no longer the trend      (So?) Many items not activated, just for show    ( What Item? what is the sales volume? what is MANY item?) Share buy backs - executed once only( As long as there is a second in the future when needed, whats the problem?)
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ETLee8
Master |
11-Jun-2021 13:20
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Not forgotten but intentionally did not submit perhaps. Now people are talking about Covid Test Kits, Masks n PPEs no longer the trend  Many items not activated, just for show  Share buy backs - executed once only  
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lailai
Elite |
11-Jun-2021 12:25
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Will not be too surprised if they hv not submitted, otherwise sgx will surely hv approved long ago. Sgx may be inefficient but not that inefficient. But remember MT has a case in early 2020 where the DEC, who had already resigned/retired (???), did not announce his sales of shares in sgx company announcement in time or in accordance to regulations. So will not be surprised if another blunder had taken place, ... someone forgot to send the application to transfer to Mainboard. That will be a good laugh but a bad joke.   Remembered reading Prof Mak' s governance article after the DEC incident regarding MT kena hit by the disclosure virus. How appropriate, cos the coronavirus was already circulating in the air at that time, tho it was quite mild and not yet mutated then.![]()
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  Remembered reading Prof Mak' s governance article after the DEC incident regarding MT kena hit by the disclosure virus. How appropriate, cos the coronavirus was already circulating in the air at that time, tho it was quite mild and not yet mutated then.