Latest Forum Topics /
Medtecs Intl
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The next journey
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ETLee8
Master |
13-Aug-2021 19:08
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The writings on the wall long long ago.  Many refused to accept. The Result of 4.6 cts EPS for the whole of H1 21 is worse than I expect (EPS 5-7 cts). As I mentioned the co is not very positive of hving a dividend policy.  As expected NO dividend. Business Overview The Group&rsquo s revenue decreased by 47.5% from US$162.6 million in 1H20 to US$85.3 million in 1H21 on lower sales of Personal Protective Equipment (PPE) and facemasks to customers for the purposes of stockpiling, after the build-up of stocks by most of our customers in the previous year. The Group has stepped-up our marketing efforts coming from the heightened brand awareness of the Medtecs brand as a healthcare supplier of choice. The Group&rsquo s net profit after tax decreased by 52.4% from US$38.9 million in 1H20 to US$18.5 million in 1H21 due to lower sales and higher selling and distribution expenses Q1 2021 Profit : US$13.5M,  H1 2021 Profit : US$18.5M, that means Q2 21 Profit only US$5M.   |
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OKAYCAN
Master |
13-Aug-2021 19:00
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Hahaha but to be honest, even if good results also hard to chiong because its sgx | ||||
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newbieliu
Elite |
13-Aug-2021 18:53
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The Group affirms its continued intention in effecting the proposed transfer of the Company&rsquo s listing to the Mainboard of the Singapore Exchange Securities Trading Limited. Further updates on the outcome will be provided to shareholders in due course, via a separate SGXNet announcement. Hopefully to hear this good news soon .... it is also tried to diversity its business and build more networking with other countries like Cambodia and Philipines... not sure how good it is... today it also announced on acquitsition of two new subsidiaries ...alamak why some so negative about them... i am kinda worried lol. 
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OKAYCAN
Master |
13-Aug-2021 18:37
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the expectation of decline in profits not priced in ever since Q1 results is out ah? Hmmmm | ||||
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jackjack
Veteran |
13-Aug-2021 18:18
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So still insist no basic? They say second quarter expect more revenue than the first one and it is pathetically 0.8mil more lol
Profit drop
0 dividend. I repeat 0 dividend. For those who still dare to say 3c to 5c dividend
Already said ya better run before q result
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WarChild
Member |
13-Aug-2021 18:07
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Monday gone. Already pumped to distribute and trapped new wave of retailers | ||||
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jackjack
Veteran |
13-Aug-2021 10:05
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Free fall again. Mini run last week all gone. As predicted the bounce last max 3 days Don't expect much from the result ya. Even those report good profit increase in 1H also sink terribly. This one might react even worse after result | ||||
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lailai
Elite |
12-Aug-2021 17:22
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Hate u? No lah! Frankly hv to be thankful to u, cos u are right all the time, if not most of the time. If not for your posting, many would hv stubbornly buy and buy from hi to lo. Many peanut picking contras probably hv stayed sideline, otherwise sure kena big time from LH to RH kakias. Thanks anyway! 
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jackjack
Veteran |
12-Aug-2021 17:10
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Close day low. Easy win. Stubborners will see their capital slowly become dust Rmbr this stock was below 10c. I wont go into extreme that it will go back to 10c but there so much meat to sell down. Dyodd. Instead of hating me? Do some wise decisions | ||||
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jackjack
Veteran |
12-Aug-2021 16:43
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Yesterday you say 82.5 want buy also cannot buy
Today 81c want but cannot buy?
Tomorrow 79c want buy cannot buy?
Next week 76c want buy also cannot buy
Well i hope you are not the one keep buying ya
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jackjack
Veteran |
12-Aug-2021 16:38
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No basis? Look all the glove stock. Fantastic result and where the share price is heading? It is known their profit is heading down so there is no growth prospects. And medtecs is worse than glove. See their q1 profit their q-o-q revenue drop like shit and people still think there a growth prospects? Come on. Wait until all show on paper that their profit drop like hell then people only willing to sell. That time, you collected 10c dividend from them and lose 50c in capital
Good luck to all stubborners. I am certainly betting it to go down
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FreeEagle
Member |
12-Aug-2021 15:51
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Hi bro Jack, with due respect, there is no basis for the scenario you are describing here.  I know this counter has tested many people' s patience and caused much angst among the hopeful folks.  Speaking only to investors (traders, shortist opportunists can ignore).  Medtecs is very under-valued at the moment but the company will continue to be profitable for the foreseeable future, so there will be dividends to collect as we stay invested.
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lailai
Elite |
12-Aug-2021 15:51
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Still not many sellers at 82.5, only 36 lots only. But buyers at 82 got almost 300 lots.  Think will be stuck at this range until result out. Think with 20 cents ready cash in hand, coy can easily distribute 3-6cts div. Most shh not selling or buying, but waiting for result lah. That' s y volume so low, and so few wanto sell. Of course many kakias waiting to buy for their BBs, but hard to get. ![]()  
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jackjack
Veteran |
12-Aug-2021 14:48
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Last 2 days for you to sell before blood bath after results Those keep say pe only 3 based on past result, wait till the profit shrink back to 10% your pe become 30 with this price Those say 82.5 is cheap until no chance to buy, next week sell at 76 Company wont do buyback. They are well aware with the situation and will be more dumb to waste $ to do buyback | ||||
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3jhuat
Member |
12-Aug-2021 12:35
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But I hope they do share buyback, better right?
Share price has been depressed.
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jackjack
Veteran |
12-Aug-2021 12:24
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Well it will keep on remain as your dream only
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morventay
Member |
12-Aug-2021 11:38
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there is announcement tmr? 
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boyboy61
Supreme |
12-Aug-2021 11:17
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Most unlikely
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lailai
Elite |
12-Aug-2021 11:06
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Kongsi is cash rich, has 20c cih available, so giving 5c div is chicken feed to Medtecs, unless they wanto conserve to acquire some other related but highly profitable kongsi, sa gloves, esp under current highly infectious delta variant, which has outpaced vaccination jabs, resulting in many hospitals running out of beds, and global lockdowns in many countries, even 1st world status. Covid will take years to eradicate, not just months. Div yld at current price of 82.5 is 8.2%. Let' s see if kongsi will be generous 2molo after 1H result, as someone said on 13th, what a lucky day to choose!
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desmondxyz
Veteran |
12-Aug-2021 09:37
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I had a dream last night....Medtecs giving out 5 cts dividend in the coming annoucement....> < | ||||
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