| Latest Forum Topics / Medtecs Intl Last:0.121 -- |
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Medtecs
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Investor8
Master |
30-May-2020 11:51
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Exactly, because of low price, I could leverage. Don' t really need to worry because of sound fundamentals. Not a fly-by-night business. Not like others with frequent announcements trying to pump share price but actually no good financial backing and business prospects.
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Investor8
Master |
30-May-2020 11:46
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Same opinion here. So I didn' t want to look at Secura because he is one of the major shareholders there.
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wolverine23
Supreme |
30-May-2020 11:46
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Actually on the positive side, it gave many retails as well as BBs a good chance to accumulate lots at cheap prices.
Thus, much bigger profits
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Investor8
Master |
30-May-2020 11:44
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Agree. At the time, the pandemic has not started yet and demand for healthcare PPEs still so so only. Demand exploded after Xia unloaded his shares. I am pretty sure he would not have sold if he knew business would be so good. And I think many of the bros here would have hung on to their shares as well. Price would not have collapsed based on current financials and prospects. The negative implications of vice-chairman unloading his shares at that time was very damaging on retail investors' psyche.
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wolverine23
Supreme |
30-May-2020 11:38
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Arh, that stupid Rowsley. I also made so much till become complacent and cut when it crashes... That's why very wary of peterlim stocks. Some say never buy his stocks cos it only benefits him
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Investor8
Master |
30-May-2020 11:35
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Bro, mai suan leh. I cut my big losses (almost 6 figure) on Thomson Medical to switch to Medtecs. First bought in 1.2m at 10c level. So total cost was manageable. Then trade in and out until now. Suay lah, every time got to buy back at higher prices after selling. Fortunately I entered this counter after Xia' s debacle and price already dropped and rebounded. Sympathise with those bros who kena played out by him and suffered losses. I have quite a big position because of the strong fundamentals of the company.
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Goldfinger
Supreme |
30-May-2020 10:04
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Does Medtecs make gloves? Cannot see on the website. | ||||
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glann92
Senior |
30-May-2020 09:53
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ya lo he resigned. 
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Lumafa
Member |
30-May-2020 09:49
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Can't compare the loss making company CB with Medtecs which was backed by strong profit. The reason for sell-down for Medtecs previously was due to sabotage and the culprit gonna leave soon.
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Ryuuenji
Elite |
30-May-2020 09:17
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If just by looking at trading possibilities... Clearbridge traded high 0.38 and sold down as Low as 0.164. Medtec Sold down from 0.21 down to 0.056. From now to the next quarter announcement, price wont   go straight line. One has to ask, at this moment, is it accumulation to continue a upward trend or distribution? I feel that next week for those trading on contra basis have to observe well. BB trades both ways. For the price to go back to 0.196 can be a possibility. Not here to create fear but just to be cautious for everyone.   |
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StevenKan
Master |
30-May-2020 09:15
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US Medical stocks closed green & positive on Friday.... signing this sector still got space to go up higher.... Let' s see if Monday will open with gap up... HUAT HUAT HUAT.... sip sip tea.... pung pi pi.... | ||||
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wolverine23
Supreme |
30-May-2020 08:39
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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This quantity is considered little for him leh.
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Investor8
Master |
29-May-2020 22:29
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No. I also not sure. But I am confident of the company' s fundamentals. So even if price doesn' t go up, it is ok. Even if it goes down, I am not too concerned. I am prepared to hold. Looking forward to 19 June and early August.  Intra-day trading is my bad and lousy habit. I mentioned earlier in this forum that I sold some shares earlier in the morning and I am just buying back to restore my position, luckily making a small profit in the process. You will also recall that I had sold a few times and had to buy back at higher prices after that. But so far I have been fortunate in that prices had been on an uptrend and I have build up a decent profit buffer. So can take a bit more risk.
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gregtan123
Supreme |
29-May-2020 21:58
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Same company, dual listing/
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Bennytan23
Senior |
29-May-2020 21:55
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Noob question here:  why some of the ppl here compare it to taiwan medtec?  Advise pls |
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StevenKan
Master |
29-May-2020 21:49
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Bro.... u load so many quantities @ 0.250??  You are confident it will still go up next week?
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Investor8
Master |
29-May-2020 17:38
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I do agree with you on this.  Market will function only if people take opposite views.  If not, everybody wants to buy, nobody wants to sell, then no market.  I am a coward, I dare not short any stocks (naked) because there is no limit to potential losses.  If long, only lose all that is invested if price goes to zero.  In aftermath of Lehman collapse, I bought structured Put warrants on Singapore banks as a form of shorting.  But kena played out by market makers (financial institutions) because market was very shallow and they basically controlled the buy/sell.  So it wasn' t a fair market.  Otherwise, I would have done the same thing this time round at the start of the pandemic.
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WL123456
Supreme |
29-May-2020 17:29
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👍 . You always play it very safe. One of the most cautious investors around other than sgyuan.
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linsong88
Senior |
29-May-2020 17:28
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thats worth thinking.. but i think same goes to the shortist morning in Taiwan saying the same theory.. SGX medtec so low.. lets short it down close the gap... haha...
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Investor8
Master |
29-May-2020 17:21
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But the price gap between Taiwan and Sg is so big.  Even if it is 10% limit down for the day, still far far ahead leh.
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