Latest Forum Topics /
Medtecs Intl
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The next journey
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lailai
Elite |
29-Jul-2021 07:39
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Agree, not many are waiting for 0.765 to crack before they start to pick. Think some are already picking now at 0.80, seems hard to down further, thanking the shorties. Think they are longists patiently waiting for LH to RH to push to say .90 or even 1.00, say for the next 6 months or a year for easy hefty cap gain, besides div. Anyway, each covid variant seems more infectious, the next one could push the demand of ppes beyond the roof. Currently in many countries, hospitals are running out of beds for patients. Even Japan is suffering as competitions in the Olympics are raging. Here shorties cont to trap more short term red faced contras, for long term longists to pick at dirt cheap. Yeah, best not to touch if u cannot hold. ![]()
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boyboy61
Supreme |
29-Jul-2021 05:07
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Expect the unexpected | ||||
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jackjack
Veteran |
26-Jul-2021 21:59
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Next stop will crack below last low 0.765 Personally dont believe waiting q result will help Last few q result also dont help If still want to hope, good luck | ||||
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Hellvish
Senior |
26-Jul-2021 20:07
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I think is better for us, longists to remain silent, collect the shares behind the scene and wait till august result. Just buy and hold if you believe in the company.  Promote too much will not increase the share price.   
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lailai
Elite |
26-Jul-2021 16:30
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Rock kept sinking day by day, like no bottom in sight. Mins ago was at 81. Some say it will cont to sink to 71, 61, 51, 41, ... ??? Others say on the way to rebound after BBs collected enough, b4 the 1H result on 11 aug. Looks like even Greg' s masterpiece emails all over got no reply, no comment, no news, no nothing. Even forumers got no interest liao, don want to talk about it, numbed by shorties day after day.  Whatodo! ![]()  
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Hawker80
Senior |
23-Jul-2021 09:46
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Bullshit bro... you should ask yourself why I will attack you... you always make bullshit statement.... Missleading statement False Statement... you had insulted a lots of MT holder pride... Now you ask not to attack you?  
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ETLee8
Master |
23-Jul-2021 09:45
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Greg, This is good.  Hv u sent it to them ? If u did, it will " rock" both Medtecs n the authorities.
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ETLee8
Master |
23-Jul-2021 09:42
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Bro,  No personal attack pls. It is yr opinion only, I hv mine. If u make money I happy for u. DYODD
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Hawker80
Senior |
23-Jul-2021 09:28
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Hi Bull shit bro with selfclaimed 40 years exp.. good to see you are back again. you stated last time Q2 eps just marginally better than Q1.. now you say Q2 eps can go to 5 cents, which is 66% more than Q1.... you very smart hor... quiet quiet change your estimate buy safer insurance for your statement.  But anyway... my take is Q2 EPS 6 cents and above...  If you correct... i agologise to you 10 times in this forum, stop saying you as Bullshit bro....and let you educate me... If i' m correct.... I will increase my Fxxx to you to max, including your mother, for being bull shit to max and to this group... Dare to take?
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lailai
Elite |
23-Jul-2021 08:16
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Wondering if Greg has email to them.  If so,would be interesting to see their comments/ replies, especially from SGX. Cheers to Greg for his courage to write to them.
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boyboy61
Supreme |
23-Jul-2021 00:36
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I am surprised GregTan is back
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StevenKan
Master |
22-Jul-2021 23:24
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Support Gregtan123!!!
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tritonyeah6666
Senior |
22-Jul-2021 19:30
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How would " when our country start living with Covid " will bring medtecs eps to drop? Firstly, are you suggesting that we will no longer be using as many PPE? I thought even to live with it as endemic doesn't mean putting guard down or ignoring protection but to move away from drastic containment measures eg. Lockdown. Further, don't think SG is one of medtecs major market ler.
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gregtan123
Supreme |
22-Jul-2021 18:50
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Regulatory: Listed Company [Is SGX sleeping on the job?]
 
To the Relevant Authorities and Media,
 
Singapore along with SGX/MAS prides itself in being a 1st World Financial Hub with Efficiency and Fairness at the Bedrock of whatever we do. Yet, it has come to the attention of minority investors in companies listed on SGX that SGX is being very inefficient and handling matters in a rather opaque manner.
 
1. Oceanus Exit Watchlist Application
 
It is exactly 100 Days since Oceanus made the Watchlist Application on 13th April. Yet there has been ZERO sound from SGX whether Approval or Rejection. There&rsquo s also no Timeline or Explanation given. We are not sure what&rsquo s the hold up because the criteria is very clear and whether a Company meets it or not, is also very clear.
 
I quote a fellow minority investor: "   It is very disappointing to have SGX take such a long time to review the watchlist application, when the criteria they have set is clear on their website.  As far as Oceanus and its auditors can confirm, they have met those said criteria (see:  http://rulebook.sgx.com/rulebook/1314...  & Practice Note 3.1:  http://rulebook.sgx.com/rulebook/practice-note-132-watch-list...).  Also, there are currently no other exit application submitted for review, so there is no excuse for an administration overload.
 
What this points to is inability by SGX to make important decisions.  It is likely SGX is cautious to make the announcement, taking a " wait and see" approach till after Oceanus' s H1 2021 results.  But let' s be clear.  While I expect a great H1 2021 earnings, those results are  not  part of the exit criteria that SGX has set.  Read the above sources again.&rdquo
 
It is very clear: Does Oceanus meet the Exit Criteria? SGX has to decide, it has been 100 days. Are we supposed to wait another 10,000 Days because SGX is too inefficient?
 
Doesn&rsquo t MAS also regulate the Regulator (SGX)? Isn&rsquo t the Ministry of Finance looking  into the way SGX functions?
 
2.  Medtecs Mainboard Application
 
I  didn&rsquo t follow this but I am sure as well it&rsquo s  been more than 100 Days.
 
3. Quick  Approval of  &ldquo Shady&rdquo Companies ASPEN and FJ Benjamin
Yet, SGX has  chosen to Give Approval to  &ldquo shady&rdquo companies like Aspen Group (their upgrade to Mainboard was approved very quickly, using that news certain people pumped the share before releasing fake news to crash the shares). The same exit watchlist by FJ Benjamin  was approved  quickly.
 
May we as minority shareholders and retail  participants of the market know why the DOUBLE Standards? For credible Singapore-led company like Oceanus, there is a 100-Day Delay whilst  &ldquo shady&rdquo Malaysian companies like Aspen gets their approval quickly. Surely, there must be an objective standard or timeframe?
Failing which, would Minority Investors issuing a Letter of Demand to SGX push SGX along to make their decisions?
 
It is frustrating that SGX  wields ALL the power but is not transparent or efficient in their job.
 
I have included all the relevant ministries, parties that can help  Singapore  achieve it&rsquo s 1st World Financial Hub Status. SGX needs to start being more  transparent and efficient.
 
Greg
Shareholder of the above listed companies, market participant
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ETLee8
Master |
22-Jul-2021 17:12
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Bro, 3.7cts div is almost imposiible lah.  Q1 eps 3 cts, Q2 eps 4-5 cts ?, total eps avg 7 cts, how to give 3.7 cts ??? happy to get 1-2 cts. This counter is highly manipulated, who the real owners ?, who owned ths shares now ?, mainboard listing any problems ?,  too many unknowns. For now business still intact, even till end of year.  Once covid recovers, or countries start living with covid, eps will drop.  So it is not sustainable with high eps. Got profits take lah. DYODD  
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lailai
Elite |
22-Jul-2021 16:26
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If u are looking at 5 or 10 years away, hard to predict lah. But if lookin at the next 2 years or so, think, covid is not going away soon. The way variant delta is spreading, and with countries throwing caution into the wind, think hospital beds will not be enough. likely PPEs, such as gowns, coveralls will be in great demand, rev and profit shd still be hi, MT expected to work overtime non stop.  Jus look at what happens to the Jurong Fisheries, not to mention the KTVs. Anyway, 1H result on the way, 3 weeks or so, then can guage their earnings, but more important their profit sharing. Last H was 5.7c, if this one can get repeat will be excellent, but if cannot, 3.7c also good lah, for a share that is hovering at 84.5/85.0c, when comparing with FD only give 0.5c for every lollar u deposit for a year. Think BBs probably collecting quietly. Anyway just opinion, not asking contras to jump in and kena trapped by LH to RH kakias. ![]()  
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stockman20
Senior |
21-Jul-2021 22:29
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earning not sustainable over long run. medical play wont be long so trade with cautious. | ||||
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Arch1984
Member |
21-Jul-2021 16:32
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Yea volume still low. Feels like the move is just starting. Still a fair bit to move before it is overbought and it is  moving very consistently compared to past result anouncements period. Think it should go past $1 within the next 2 weeks. Having said this, trading always have its surprises. Lets see.
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boyboy61
Supreme |
21-Jul-2021 09:08
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dun get caught....still low volume.....this phase will go away ........be careful
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Arch1984
Member |
19-Jul-2021 09:37
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Np. Anyway, we just sharing info only. H1 result announcement has been very consistent. 11 Aug in 2020, 14 Aug in 2019. My plan will be to offload the week before and thats by 6 August. If they announced before 6 August, then too bad lo. Will also just offload. For now just buy at every dip.
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