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Medtecs Intl
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Medtecs
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Investor8
Master |
31-May-2020 20:18
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Bro thanks for the update. I am a bit skeptical about the vaccine. It may or may not provide protection for the long term. Think about it, how much time did they take to develop the vaccine? It is only 4 months from start. And how much of that time taken to test the longevity of its effectiveness? By this, I am asking how long will the vaccine protect a person. If it lasts only 3 months, do you want to get vaccinated? I certainly won't want to be. And 100 miliion to 120 million vaccines in 7 months for less than 10% of China's population? I really do not think it will be a big setback for healthcare PPE manufacturers including Medtecs. At least not for the next 1 year. I think a bigger issue will be if a cure is found. With that, people will not be so worried anymore and they may even acquire natural immunity. I think we can go back to Sars period to see how long the heightened demand for PPEs lasted. I don't have the answer. But will be good benchmark. Since this virus is more infectious, we can project a 50% increase in the demand period. My 2c worth.
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Justice888
Supreme |
31-May-2020 19:31
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Yeap. Nowadays I learn to cut loss and move on
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Bennytan23
Senior |
31-May-2020 18:56
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Lots of orders coming in now for mask gloves face shield cos of ecoy opening up.  another run for this medtec soon?  once price down gonna load up 🤑
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wolverine23
Supreme |
31-May-2020 18:48
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Any idea which company manufacture needles and syringes?
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LowLow12
Elite |
31-May-2020 18:37
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Then it won?t last very Long because China has alrdy found the vaccine as announced today and they will mass produced 100-120 mil capsules By end of this year
So enjoy the hay while sunshine It will still be a great year though But once a vaccine is going mass produce then there is no need for masks at all already
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Investor8
Master |
31-May-2020 18:02
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I do agree with you that there are many people who try to talk up shares without any basis, even on other counters. But anyone relying on info posted by forummers here surely must do their own due diligence and be discerning. If they lose money because they fail to fact-check, then they will have to accept their losses gracefully. Lol. No offense meant to anybody.
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Investor8
Master |
31-May-2020 17:48
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Thanks for the support bro. Most appreciated.
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StevenKan
Master |
31-May-2020 17:15
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Well said bro... I would be more than happy if there are more people like you in this forum.... 
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Justice888
Supreme |
31-May-2020 15:15
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The share price won?t collapse again I believe. It will only drop due to consolidation or positive news on virus .
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Investor8
Master |
31-May-2020 15:12
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In a *casino | ||||
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Investor8
Master |
31-May-2020 15:11
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Trading in stock market even more dangerous than in casino because everything digital. In a case, you can feel fear when you see your chips disappearing. But in the stock market you won't feel it physically because everything goes through your bank account. So, it is easier to lose control.
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Investor8
Master |
31-May-2020 15:03
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I am not familiar with Trend lines. Didn't do any research. I was working in stockbroking industry from 1993 to 2001 and investing since then. But I can admit that most of the time I lose money when I follow the crowd or rumours without researching company and market. But in those companies that I did research and bought in (even late), I have more often than not made money. And for all those punter stocks, I can only say that they are not supported by fundamentals such as financials and business prospects. These stocks are manipulated by BBs, so those who buy in got to be very careful and nimble. But I have bought Medtecs and I don't consider myself to be a cheerleader. Of course, I will make money if price goes up and I have declared that I am vested. I am putting my money where my mouth is and my decision is based on Medtecs' solid financials and business prospects. I also understand that this counter is probably "controlled" by the BBs. But I think they are also smart enough to realise that they are taking a big risk if they try to collapse the share price again. The present market and business dynamics are quite different from the time when Xia offloaded his shares. My 2 cents worth of opinion.
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Justice888
Supreme |
31-May-2020 14:37
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I bought trendlines last week . It was holding very well above $0.12 for few days . I thinking shld be break up soon. But turn out to be i am wrong . Is distribution and shortist at work . The sell down was fast and furious ...lol.
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Justice888
Supreme |
31-May-2020 14:33
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During medtecs first run up I make over $40k profits . But got many lose money . It reminded me again . Our gains will be others loss. So must be careful . Don?t cheer too much . And also must lock in profits . I also learn hot to set stop loss and cut loss . I am learning each time . I still lose money . But hope to gain more than lose
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Justice888
Supreme |
31-May-2020 14:28
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I no expert. And don?t know how to read chart . Don?t want to Guess . Although I want to earn . But I try my best not to be a cheer leader. If I ever did then is Bec I went out of control. Lol. I try my best to control .
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Bennytan23
Senior |
31-May-2020 14:23
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Lol! So what is ur view for tmr' s price? New month.. ecoy opening.. dual listing in Taiwan Medtec rose super high again last week.   
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Justice888
Supreme |
31-May-2020 14:20
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Be careful of cheer leaders in the forum . Everyday non stop talk up shares. And u could be obsessed . I play shares more than 10 years . Sometimes I will also get con. Now I more sober ... lol
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ckyee82
Member |
31-May-2020 14:17
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thanks a lot for all ur advice and concern. really appreacite it. ill not go toliet as frequent jus to  watch the stock.. and i will pay for attention in works also whne i m on duty.. very thnak you all the wonderful words. i know i m new to SGX.. and i will learn from you all and ur advise s important for me to listen and learn.  i do worry i may get addicted in playing the stocks.... i will control and do my best to handle my emotion and heart....not to be greedy..  |
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Investor8
Master |
31-May-2020 09:55
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Agree. This can be very addictive. It is like gambling. You will lose concentration on your job and will want to monitor the market every so often. However, if you are very senior (maybe a doctor or specialist) and are looking at investing your SPARE funds, then by all means. But don't make excuses to go to toilet frequently to check share prices. We need you to focus on the job during these critical times. If you are prepared to stay the course for next 3 months and your heart can block out all the daily share price fluctuations, then I think Medtecs is ok to buy and hold for 3 months and reassess again after that. I am very poor in technical analysis, so I can't advise you when is a good time to enter.
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Investor8
Master |
31-May-2020 09:20
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Oh, forgot to mention that Pre-Open market price matching mechanism uses the aggregate volume of share on buyers and sellers side. As an example, if there are buyers for 3 million shares at 30c and there are sellers for less than this at 26c and above up to 30c, then the price will be matched at 30c. So all the sellers queueing to sell at 26c, 26.5c...until 30c will be matched as sold at 30c. If the 30c sellers volume exceed the buyers volume, then the volume beyond the 3m will not be matched.
For a very actively traded counter with daily volume running into tens of millions, this situation is not likely to happen if you key in to buy say 50k or 100k. But if you are buying a counter that is very inactive in the Pre-Open market, it becomes very uncertain and you may end up paying more than what you hope to buy at. Hope this helps.
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