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Medtecs Intl
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Medtecs
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WL123456
Supreme |
21-Jan-2020 22:29
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Never mind , there will always be another chance . I think you missed my post in the morning . I posted that this stock will climb at least 50% in the morning based on historical evidence on SARS. I try to repost it again . Now the risk reward is not worth new entrants unless u r very nimble . Rather it?s better to watch sideline . I clear most of my trades today including a chunk at closing , leaving some spare tml just in case the outbreak worsen . If similar to SARS , tml Med tech will continue to climb but will be followed by heavy profit taking ( hence I advice nimble fingers). If you have a full time job and cannot commit , stay sidelines better . If possible , always wait for the next opportunity . Money in your pocket is better than money at risk .
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embracez
Senior |
21-Jan-2020 21:45
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So tomorrow 0.12.? Zhun bo |
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ozone2002
Supreme |
21-Jan-2020 21:33
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Medtecs International: The ?Forgotten? Healthcare Stock
Company Features Investor-One SOURCE: MEDTECS Keep updated with all Catalist news! SUBSCRIBE ▶ Stay informed as soon as news breaks on Investor-One Subscribe to our weekly newsletter to get updated with major news of the week! Note: To unsubscribe from Investor-One email alerts, please click here. Article Highlights Neglected healthcare stock with stable business model Riding on favourable tailwinds like rising disposable incomes and government's healthcare initiatives An Increase in trading volume and trading frequency Catalist-listed Medtecs International (MI) is a healthcare stock that is often overlooked by investors. This could be due to a number of factors including: 1. Small market capitalization (only S$15 million) 2. Not-so-glamorous medical consumables business 3. Low profile management or maybe even because its name is rather generic and doesn?t catch the eye Medtecs?s profile MI is both an Original Product Manufacturer (OPM) doing the manufacturing for the big brands, as well as a distributor holding the distribution rights for a wide range of medical consumables. The products that MI deals in or manufactures includes hospital beds, wheelchairs, linen, hospital apparel, blankets bandages, syringes, thermometers, monitors etc. MI?s origin lies in the Philippines where it was a manufacturer in the textiles industry, and its medical consumables business today has many textile-based products such as the hospital linen and apparel, surgical drapes and blankets. Today, its business spans the globe and is supported by 4 factories in the Philippines, 4 in China, 1 in Cambodia, and 1 in Taiwan. MI also has a hospital services division, providing non-core services for hospitals which include rental, washing of linens, management of laundry facilities. In Taiwan, the Group is currently the dominant provider for such hospital services, with a customer base of 24 hospitals. In the Philippines, the Group provides services for 31 hospitals.. Medtec?s statistics as of 16 Sep 2019 Listed: 1999 IPO Price: $0.25 Current share price: $0.028 Market Capitalisation: $15. 4 million FY2018 (31 Dec 2018) Revenue: $93. 2 million Net Profit: $1.25 million P/E: 12.3 NAV: $0.154 Medtec?s strengths and potential MI?s strength is its established track record and experience in the business. It has strong roots and networks in the Asia-Pacific countries that are the areas of its operations. MI?s potential is that it will be able to ride on the growth for modern healthcare facilities in the fast-growing economies of the Asia-Pacific region. Urbanisation, rising disposable incomes, demographic patterns and the healthcare initiatives of governments will underpin growth of MI?s medical?s business. In particular, its strong business network in the Philippines the fastest growing economy in ASEAN with a population of 105 million, and new economic initiatives under President Rodrigo Duterte, shows potential for strong growth. Medtec?s weaknesses Although Medtec operates a stable business model and has a good track record of profitability, the medical consumables and hospital laundry services business has very low margins. For example, FY2018 revenue came in at $93.2 million but net profits was only $1.35 million (merely 1.4% of total revenue). Its gross profit margin was only 15.9% and its net profit margin only 1.4%. Although the Group?s short-term liquidity is good (Current Ratio: 1.8), its efficiency in the use of capital is poor. Its Debt/Net Profit ratio is approximately 44 (versus 0.18 for a medical specialist like HC Surgical) and its Debt/Cash Flow ratio is 5 (versus 0.19 for HC Surgical). Technical Analysis of Medtecs 1-year chart of MI below shows that it is now stable at a level of performance above the FTSE ST Index. (Y-axis is in % showing relative performance). Trading Volume is still relatively low but there has been an increase in trading volume and trading frequency as compared to earlier periods in the chart. Conclusion The Board of MI and its Management recognize its weaknesses in operational efficiency and Group level productivity that will yield better Return on Equity ad Return on Assets. In the Annual Report FY2018, Chairman Clement Yang Ker-Cheng details the initiatives and action plan started in 4QFY2018 and to be continued in FY2019: Developed operational plans for 2019 and their progressive implementation schedule across production bases and medical services operations Adopted the 5S/6S lean management approach to optimize our manufacturing process and to improve workplace efficiency at various production bases and offices Created action plans which will drive the Group?s key sustainability initiatives as identified in the Group's Sustainability report and Introduced and incorporated the Enterprise Resource Management (ERP) and Customer Relationship Management (CRM) systems into our daily workflow. At the current share price of $0.028, the absolute capital cost of investing in MI is very small, and the Risk/Reward ratio is very low. |
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OKAYCAN
Master |
21-Jan-2020 21:07
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I'm stuck at OEL, if not I would have join the boat
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happietrade
Master |
21-Jan-2020 20:39
Yells: "be kind" |
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No dare that?s why missed today?s boat
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Gknight
Senior |
21-Jan-2020 19:37
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tmr short | ||||
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OKAYCAN
Master |
21-Jan-2020 19:25
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Who going enter again tomorrow? 🙂 | ||||
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ErosValkyrie
Member |
21-Jan-2020 19:18
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Shortsell report 21 Jan 2020 $ Medtecs Intl 9503800 SGD 656587.5 I think they havent cover finish |
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Sgvale
Supreme |
21-Jan-2020 19:00
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Tomorrow shoot 0.12 liao & can exit. | ||||
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OKAYCAN
Master |
21-Jan-2020 18:16
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I wonder who still enter at 92. Strong heart | ||||
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dimebag
Master |
21-Jan-2020 17:54
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Congrats on the very nice profits. I cancelled my buy order at 60 this morning 😭 . Now might be too late to play already.
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Maller
Elite |
21-Jan-2020 17:30
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Can try trendlines? Thinking it had grp of medical companies but didn' t rise today? Dyodd | ||||
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happietrade
Master |
21-Jan-2020 17:28
Yells: "be kind" |
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I didn?t dare go in. Still can go tmr?? Omg so scary this bull
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SgYuan
Supreme |
21-Jan-2020 17:26
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15m chart - w5 power up 130% of 23 (w1+w3) 
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easywin
Supreme |
21-Jan-2020 17:12
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May not be as good as today, however enough for Chinese New Year celebrations
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Gknight
Senior |
21-Jan-2020 17:06
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tmr rush to 120. | ||||
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ErosValkyrie
Member |
21-Jan-2020 17:04
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Target for tmr?
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easywin
Supreme |
21-Jan-2020 17:03
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For those has missed, dun worry tomorrow continue | ||||
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uiop1223
Supreme |
21-Jan-2020 17:03
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I got in at 0.078 😅 hope not too late | ||||
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yamseng
Supreme |
21-Jan-2020 16:58
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All the panis short-covering don' t worry, just go for other laggards Asiamedics/Healthway Med and Thomson Medical will move tmr |
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