Latest Forum Topics /
Medtecs Intl
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The next journey
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tofudidi
Supreme |
19-Jul-2021 08:55
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wow only counter gap up? any good news? | ||||
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StevenKan
Master |
18-Jul-2021 17:13
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MT jia you.... Show your power to those people doubt on u.... Ahahaha.... | ||||
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FreeEagle
Member |
18-Jul-2021 12:11
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Responding out of respect for my buddy Tony.   Moment of Truth will come next month when MT announces its 1H 2021 results and its business outlook for the remaining year & beyond and discusses its corporate initiatives going forward. Investors & Traders, stay tuned.   Investing needs patience and Trading needs precision.   All the best to both!!
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FreeEagle
Member |
18-Jul-2021 11:57
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I said before I will be back when it is time to celebrate the sound investment in this profitable company with fellow investors. KEYWORD is " fellow investors" .   I have immense respect for INVESTORS because we do our homework first. I also have immense respect for TRADERS, because they have to constantly evaluate charts and upgrade their trading software to stay ahead of the game.   Investors vs Traders.   No one is better than the other.   And if someone can be both, he is a rare gem and will be top of the pack. However, unfortunately there will always be a large majority who is neither one or the other. They take pride in being able to tell fortunes and predict stock prices without basis and foundation, not even anecdotal evidence.  Investing vs Trading.   I suggest choose one that suits you and learn from mentors. Babbling over whether a stock will go up or down is simply a waste of time.
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tonyja
Elite |
16-Jul-2021 22:14
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because mt tag along with Sgx glove counter.  be careful  https://www.globaltimes.cn/page/202107/1228783.shtml Chinese glove makers see rising orders from overseas 
By Yin Yeping  Published: Jul 15, 2021 08:48 PM
     
An employee works at a medical glove factory in Luannan county, North China' s Hebei Province. The county, with an annual output of over 4 billion yuan ($619.13 million) worth of medical gloves, has in recent years aimed to build itself into a manufacturing base for this product. Photo: cnsphoto Chinese glove makers are meeting rising demand from the US and Europe, with new order inquiries jumping by 10-20 percent in weeks, amid production disruption caused by a flare-up of epidemic in Malaysia, the world' s largest rubber-glove supplier.  In the face of the new orders, major industry players have been working at their full swing to expand production capacity, the Global Times learned. A person with Blue Sail Group, a leading glove maker based in East China' s Shandong Province, told the Global Times on Thursday that it had received rising orders these days, after production was suspended at factories in Malaysia. More than 90 percent of the orders come from developed countries, including the US and some European countries. The orders are in line with the company' s expansion plan, with a new production line with capacity of 20 billion gloves annually to go into operation this month.  Another production line with a capacity of 10 billion gloves is under construction in Weifang, Shandong Province. Another industry player, INTCO Medical, is part of the trend, with " conspicuous" growth in global orders from many of its clients starting in July, media reports said. Malaysia recently imposed stricter restrictions on movement, businesses and factories in its capital Kuala Lumpur, as well as neighboring Selangor state, until Friday to fight a spike in new COVID-19 infections, Reuters reported on July 8. " Malaysian glove manufacturers contribute up to 67 percent of the global supply or 320 billion pieces a year out of 480 billion pieces," The Malaysian Reserve, a business news provider, said in a report earlier in July. China contributes about 10 percent while Vietnam accounts for 3 percent of the global glove supply, the report said, citing Supramaniam Shanmugam, president of the Malaysian Rubber Gloves Manufacturers Association. Chinese glove production capacity used to be inadequate, but there have emerged more rubber glove plants since the epidemic outbreak, industry insiders said. There are 5,384 disposable glove-related companies in China at the moment, after 2,779 companies registered last year and 235 others registered from January to Thursday, data from market information online platform Qichacha showed. In addition to the newcomers, like the mask industry, some companies produced and stockpiled gloves during the outbreak and they are still in the process of releasing the stockpiles, meaning capacity is sufficient for now, Chen Hongyan, secretary-general of the Medical Appliances Branch of the China Medical Pharmaceutical Material Association, told the Global Times on Thursday. While the supply chain disruption in Malaysia is driving more orders to China, industry insiders said that the supply chain transformation is increasingly tilting toward China, with or without the outbreak. " Malaysia is mainly producing natural latex gloves, but the clinical and ordinary gloves used in all walks of life are not latex gloves, but nitrile and other synthetic gloves," Chen said. The sources of natural rubber are mostly located in Southeast Asian countries including Malaysia, making China heavily reliant on imports for natural rubber, which saw a jump in prices lately.  In order to reduce reliance on natural rubber, Chinese companies have focused their development and production efforts on gloves made of nitrile.  This chemical compound is not only less likely to cause allergic reactions and more likely to offer better tensile properties and protection. " The epidemic caused an increase of raw material prices, so we began to develop raw materials independently, and the production line and ingredients of nitrile gloves were independently developed. The yield is adequate," the person with Blue Sail Group said.  
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PeterAng
Member |
16-Jul-2021 18:05
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Hawke80 bro Support you,this guy only post nonsense message to hope share price drop.so that he can make money..short short hahaha | ||||
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Hawker80
Senior |
16-Jul-2021 15:34
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I dissapear because the price keep on going down. That is the only honest reason...  Anyway, I did not shout the price up or initiate a open topic regarding MT. I only reply to people statement which I think i can kepo to interrupt when i disagree with their point. So i dissapear when the price down or not , it does not relate to anything. Unlike, you are the more geng one, Your assessment says MT core business is Masks, Will go down to 30 cents, and say MT did not do the request for Mainboard Transfer.  For me is bullshit... 40 years experience... I will respect you if you proof your assessment, otherwise, like a *** ( fill in the blanks)
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ETLee8
Master |
16-Jul-2021 15:09
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Bro, say what u like.  U disappeared from 2nd July till 15th July Medtecs went dn fm near 90 to 77 cts. I do not bull shit,  it is my assessment. DYODD
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Hawker80
Senior |
16-Jul-2021 13:49
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There are 2 elements here. Please dont simply bullshit and twist my words. 1. Im holding MT now, so i give positive view to MT. I didnt say buy buy buy at whatever cost. What I disagree is that your point of bull shitting down to 30 cents, which does not make any sense. For you Bullshit bro is very easy, once there is a price drop, you can just simply come out and tell the world your view is correct, and keep quiet again when the price go up. I believe you have more chance to do all this again in the near future. The things is you gave all the nonsense facts which is not true, and self claimed to be 40 years Exp. 2. MT core business is not during MASKs. Please stop promoting this, as this is a wrong info. @ETLee8 aka Bull Shit bro.
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Hellvish
Senior |
16-Jul-2021 13:27
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Wa so sourgrape ah.  Also not use your money to buy  Chill 
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ETLee8
Master |
16-Jul-2021 13:20
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Buy, Buy, Bye lor if u think is good.
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lailai
Elite |
16-Jul-2021 12:31
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What u said is of cos generally right. At current price of 0.83, PE is just 2.6, and yld is 8.1%. Am expecting some div to be announced in 1H b4 or ard mid aug. Even if the profit drops to say PE of 5.0, and they reduce the yld to say 5%, it is still good to many investors. Cos where to get 5% yld, when bank fd gives only 0.5%, or just 1/10. Of cos RH to LH manipulators will try to bang the price down and down, and contra players, soft leg and margin holders will run out of cash and kena from their brokers to cut loss.  But some portion u said not so very right, but generally okay lah.  ![]()
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Hawker80
Senior |
16-Jul-2021 11:42
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Apology for previous reply if I had offended you. 1. Yeap we are looking at the same result announcement. Which to me it says Q2 revenue to be more than Q1, by how much I dont know ( but refer to point 2 ) , so to me since Company dare to say this, means it is definitely Q2 > Q1. Maybe more exceed 10M, 1M. or 1 Dollar , also consider exceed. 2.  https://news.cnyes.com/news/id/4662522 Refer to the link above. - 5 Million pieces of MT PPE delivered to Taiwan. We dont talk about profit margin since it is their home country maybe they give a big discount which we dont know. The fact is, if PPE with ASP of 1 dollar ( which is impossible ) will give revenue of 5M ASP of 10 USD will give revenue of 50M ASP of 20 USD will give revenue of 100M.  - Another point in the Link, there are 30++ new customers. - 1H2020 Revenue is about 160M. So Qeustion is we need to see whether 1H2021 revenue will exceed 160M. I put my bet = YES. 3. Sorry again. Full Year result 2019 compared to Full Year result 2020 was different by 1 week. So I think your point to take profit couple of days before estimated annoucement day based on the reference from Last Year will have a stadard deviation of +- 7 days. couple of days versus standard deviation of 7 days probably translated into accuracy of 50%. which i think is funny to say this because you are just flipping coins head or tails to guess whether you can sell on time before announcement.   
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Arch1984
Member |
16-Jul-2021 11:07
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Yea. For the next 10 years at the very least, PPE will definately be required. But to put things in perspective, it will be difficult to repeat 2020 results where the demand is sky high (everyone is trying to stock pile PPE, ppl probably want to order more instead of running out later on) and supply is low and trying to catch up. End up, the profit margins is godlike. As it is not a very difficult product to set up new production lines and to increase supply, the supply side have been catching up. So we would expect prices to come down (good example will be like mask prices last year and now. Now like dirt cheap already) and profit margins to come down also. Thats probably the reson why MT P/E ratio is below 3. So now, it is to see how MT continue to grow their revenue and not let their margins drop too much.  
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Arch1984
Member |
16-Jul-2021 10:18
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Thanks for the points below. Can you share the links to points 1 (latest profit guidance) and 2 (Taiwan orders from MT)? On the profit guidance, I only see from Q1 result announcement in May and they said (Barring unforeseen circumstances, the Company expects revenue in the second quarter ending 30 June 2021 to exceed that of 1Q 2021.)  Which is alot more toned down than earlier quarters (e.g. Q3 2020 - With long-term indicative orders in hand and stabilizing raw material prices, the Company expects to report record revenue and profit in the fourth quarter and financial year ending 31 December 2020). So, i never really see it as like very positive. Wont say it is definite. But you have good points on Taiwan also. Shall see. On the result announcement, why funny lei, companies usually announce around the same time every year. Can just look at last year H1 announcement lo. 11 Aug 2020. Anyway i am a fellow holder, not trying to bash MT down. Just sharing what i observed about MT since last year. Price will still go up so can continue to load. 
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lailai
Elite |
16-Jul-2021 10:04
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What u said is excellent advice. 2 months ago, it was trading at 1.13, and got shorted by LH to RH to 0.765  two days ago. Think they are pushing up to sell their cargo collected cheaply. At current price of 0.835, yld is still excellent at 8.1%. Think there shd be still some good div coming in 1H expected 3-4 weeks time. If not as good as 5.7c, maybe got 3.7c, also can lah. With covid cases soaring all over the globe, even the KTV in Sp is not spared lah. How can countries reduce their purchase of PPEs when their hospitals hv to work non stop with ever increasing covid cases cos by the highly infectious variant. Whatodo, people cannot wait to reopen, end up shut down here and shut down there. Think another 2 years, the variant could be mutated many times, and vaccines produced tday is obsolute in the next few months liao. Sian lah, cannot go karaoke. ![]()
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Hawker80
Senior |
16-Jul-2021 09:49
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1. in the latest profit guidance, Q2 will be better than than Q1. This is an official statement. No need to debate on this. Everyone know.( Although BullShit Bro say until like on he know) 2. In my view, 1H2021 may be better than 1H2020, due to sudden surge in cases during this few months. Taiwan alone ordered alot PPE from MT. So 1H2021 revenue should be better than 1H2020, hopefully.  3. You made a funny statement, you said you will take profit before few days before result, but you dont know when is the actual result day. 
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CheongArgh
Master |
16-Jul-2021 09:39
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Not too sure, but last year was 11 Aug.....
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Arch1984
Member |
16-Jul-2021 09:35
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I think Q2 may not be definitely better than Q1. Q1 2021 vs Q4 2020 we already see a huge drop. That said, we all know the super high profits wont last forever. If it does, then the stock already many times this price liao. We expect a drop but hopefully not too much. Now still cheap la, can buy still. MT always rise before result announcement. Pesonally, will take profit nearer to result announcement. MT usually start tanking again after result announcement.  
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1c2e3s
Veteran |
16-Jul-2021 09:33
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KUALA LUMPUR: The resurgence in global Covid-19 cases and supply shortage in the US will continue to support elevated average selling prices (ASPs) for gloves, which bodes well for glove makers like    Hartalega Holdings Bhd .While demand for gloves is expected to stay strong, there have been notable concerns about the pace of growth in ASPs amidst the rollout of vaccines globally and with more capacity coming onstream.  
While steep ASP hikes are expected to be on hold for now as players realign their supply away from the US & ndash which offers a premium in the 5%-10% range & ndash Hartalega noted that the demand-supply equilibrium remains favourable for manufacturers. Management expects the upcoming quarter to realise higher ASPs on a quarter-on-quarter (q-o-q) basis. & ldquo Management believes ASPs have found a bottom over the near term as the overall demand-supply imbalance remains extremely favourable, highlighting that equilibrium is likely to be achieved only in two years.   & ldquo Besides, instances of a country-specific Covid-19 spike did lead to increased enquiries, such as from India, & rdquo highlighted UOB Kay Hian Research (UOBKH) in a report. The stronger ASP helped buoy Hartalega& rsquo s fourth-quarter revenue despite lower sales volume. The glove maker& rsquo s revenue for the fourth quarter of financial year 2021 (FY21) grew by 196% year-on-year (y-o-y) to RM2.3bil due to ASP increase of 273% y-o-y. However, sales volume was down by 23% y-o-y due to the temporary closure of production lines to curb the spread of Covid-19 in its plants as well as a lack of shipment availability, given the global container shortage. Consequently, the utilisation rate was much lower during the quarter ended March 31,2021 at 64%, as compared to 96% in the fourth quarter of FY20. But as a result of the rising ASPs, Public Investment Bank noted that net margins improved by 33.8 percentage points y-o-y to 48.7%. Net profit also grew by more than eight-fold y-o-y to RM1.12bil. The group is confident that the container shortage will be resolved in the next quarter, which should boost its sales volume in the near term. However, Kenanga Research pointed out that the recently announced results of industry peers suggest that the nitrile ASP uptrend could be waning and is expected to soften albeit at a slower pace on the back of still robust demand. & ldquo But it is unlikely to fall off a cliff, & rdquo the research house said. Kenanga still expects ASP to be higher in the first quarter of FY22. According to the Malaysian Rubber Glove Manufacturers Association, the global shortage of rubber gloves will last beyond first-quarter 2022, with growth rate averaging between 15% and 20% per annum going forward. Lead times are still expected to be high, averaging at six to eight months, which is lower compared to 12-14 months previously. Kenanga opined that the lead times suggest that 2022 demand will remain strong. & ldquo To date, six out of 10 lines in Hartalega& rsquo s Plant 7 have been commissioned. Upon full commissioning, Plant 7 will have an annual installed capacity of 2.7 billion pieces. & ldquo In addition, construction for the upcoming expansion, NGC 1.5, is currently underway and expected to commission the first line by December 2021. & ldquo NGC 1.5 expansion plans include four additional production plants, which will contribute 19 billion pieces to the annual installed capacity. This is expected to increase to 63 billion pieces over the next two to three years, & rdquo it said. Analysts have mainly remained positive on Hartalega& rsquo s prospects, although most have reduced their target price on the counter to factor in the impact of a decline in pricing. Public Investment and Kenanga have & ldquo outperform& rdquo calls on the stock with target prices of RM15.90 and RM16, respectively. UOBKH, meanwhile, called a & ldquo hold& rdquo on the company with a target price of RM9.30. & ldquo We think sentiment should gradually diminish as Hartalega approaches its peak quarterly earnings but is still supported by its windfall earnings. Hartalega deserves to trade at a premium relative to its peers, & rdquo the brokerage said. |
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