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Medtecs Intl
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The next journey
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Luzern
Supreme |
24-Jun-2021 11:35
Yells: "9" |
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And if have time and effort to check on where these numbers are from now versus back in Feb 2021, how many are from rich countries (who has the purchasing power) and how many are from developing/poor countries. Then........ | ||||
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Luzern
Supreme |
24-Jun-2021 11:30
Yells: "9" |
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Latest data:    https://www.worldometers.info/coronavirus/   ACTIVE CASES
11,369,388
Currently Infected Patients
11,287,961  (99.3%)
in Mild Condition
81,427  (0.7%)
Serious or Critical
---------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------------- Luzern           ( Date: 01-Feb-2021 10:49) Posted:  
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Careful2020
Senior |
24-Jun-2021 11:22
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Medtecs share is lack lustre despite making alot of profits in the past but sad to say, the situation of covid-19 is still far from over as many countries still faced an increase in number of cases and death toll is very. Medtecs is in better position as theie products are PPE and other related items which is very much in demand as hospitals use a lot of gloves every day and the volume of such gloves and personal effects are very high, thus there is no concern of business outlook.   |
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lailai
Elite |
24-Jun-2021 10:55
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That' s y regulator shd query kongsi. Hear it from the horse' s mouth, get them committed to what they say in black and white.
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justin79
Senior |
24-Jun-2021 10:55
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Really?! the MT MSW durian just dropped? Is the source reliable?
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justin79
Senior |
24-Jun-2021 10:52
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Good point.  The next point to think about is whether MT profits in other parts of the world are affecting the share price as a whole.  Somehow I do not think so as however good the performance of TW MT is, SG is left going in the opposite direction. Worse now with US manufacturing plant setup, will that decrease TW MT profit?
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ipolaris
Senior |
24-Jun-2021 10:51
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Somebody (trader)  just posted that he had cut loss of $30k an hour ago in investingnote forum. That' s panic selling at a loss. Not BB.  | ||||
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Luzern
Supreme |
24-Jun-2021 10:46
Yells: "9" |
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The US factory/production base is something I do not like.  Reasons 1) Production cost 2) More priority is given to US companies (previously posted the link  months back) 3) How many Companies in US are having demand issues in US? 4) What is US stand on US Companies with production bases in cheap overseas locations that are exporting back to US? Hence, IMO, US production/factory for MT is not a good idea.  But a MT Supply Chain warehouse is US is definately a good idea.   |
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ipolaris
Senior |
24-Jun-2021 10:38
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https://ec.ltn.com.tw/article/breakingnews/3570559 dated 15/6
 
Urgently dispatch 5million PPE to Taiwan, including air freight few hundred thousand N95 mask and ppe suit from USA. Secure cleansing contract for MRT. Set up 15 new production lines in Philippines and Cambodia to meet demand. More big contracts coming akan datang.
Select USA to set up factory with concession. President Biden had signed Executive Order to endorse Made in USA PPE. Non-USA made PPE are expected to face higher tariff and stringent import requirement. The aim of this invitation is to build strategic stockpilling supply chain for the entire Northern America, Central and Latin America market. Medtec had set up a factory in Dec 2020 and can look to expand production capacity to deepen its market penetration. Medtecs has more than $100m cash to fund this ambitious project. Link in chinese. Can google. Above forwarded from medtecs investingnote forum   |
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jackjack
Veteran |
24-Jun-2021 10:22
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it' s okay, stop loss is in place. win many day lose 1 day is fine. But of course hopefully can continue streak
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Abe2021
Veteran |
24-Jun-2021 10:19
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If they know what is about to happen, there is no need to panic. Start picking, I have collected mine. This counter low float.  May already over, we are about to enter into a new season July  Consider collecting more. Bonjour 🥸
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ipolaris
Senior |
24-Jun-2021 10:18
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I thought the daily transacted volume not a lot in the past few days. If BB dumping, should be much more than that in one go.
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lailai
Elite |
24-Jun-2021 10:15
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Regulator shd query kongsi why the shares is dropping day by day. If got manipulation, regulator shd apply their Practice Note 13.8.1 on Market manipulation, and nab those responsible. otherwise what for have the rule and don apply. If got negative news kongsi shd release thru sgx website to keep public informed. Maybe something BBs know and keep dumping and retailers don know, and keep on buying and kena and kena.
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coolbear123
Senior |
24-Jun-2021 10:13
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Love the smell of panic in the air..
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ipolaris
Senior |
24-Jun-2021 10:13
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Taiwanese more rational and steady la. Over here in SG, shortists anyhow shout fire and then their fire sale dream will materialise. Haha!
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boyboy61
Supreme |
24-Jun-2021 10:11
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be careful of the uptrend too....be nimble
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kiattttt
Veteran |
24-Jun-2021 10:05
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Funny how this tread is still active. Both technical and fundamental are so bad. So many ppl are trapped above $1.50. This will soon go to 0.5-.0.6 | ||||
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crystalbee
Veteran |
24-Jun-2021 09:57
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Misunderstanding? I did not mean Medtecs will see losses. Poorer results from last year' s highs do not mean losses. I was just thinking there was a chance to exit at $1.14 on 18 May 2021 and that with dividends $0.056 in bank. I agree and said we still need gloves and PPE but with cases down in some major countries, gone are days selling gloves and PPE at multiple times of pre-pandemic prices. Gloves and PPE counters still can buy but must have strong heart. Get ready lah....new vaccines and share price goes down. Increase in cases and share price stabilise or slightly increase. Like taking roller coaster ride. Just want to clear misunderstanding. 
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jacky80
Senior |
24-Jun-2021 09:57
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There' s one guy that mentioned once medtech hit 0.930 and will go up again . It had been going cycle for 2 or 3 times.. Never heard of him till now.. | ||||
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AhTan888
Senior |
24-Jun-2021 09:56
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Taiwan up 4%, spore down 4%. What a joke
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