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Metech Intl
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GoodLearner
Senior |
08-Apr-2022 08:46
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Patiently collecting... | ||||
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tedlim
Veteran |
08-Apr-2022 08:17
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I believe the initial concerns were that the lab-grown diamond machines keep getting delayed...now it seems that it is already in Singapore and test productions are starting soon. pls do your own DD.. |
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Everyday
Elite |
07-Apr-2022 20:04
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This news was dated 26th Jan 2022 when Metech got the rights on the use of Lab grown machine. Incidentally the share price was 0.19 at that time. About the same as now. Hopefully this time they may announce the start of the new diamond factory. Resurrecting the share price..... Metech JV Secures Patent Rights on Use of Lab-Grown Diamond Manufacturing MachineMT Newswires· 01/27 11:46
10:40 PM EST, 01/26/2022 (MT Newswires) -- Metech International (SGX:V3M) joint venture company Asian Eco Technology has secured exclusive rights on a patent to use and replicate Guangdong X Diamond Technology' s plasma-enhanced chemical vapor deposition machine. The company will use this machine to produce low-k dielectric constant material and a kind of technology used in the manufacturing of high thermal conductivity diamonds and aluminum composite materials. Both the machine and the technology are used to make lab-grown diamonds, which is the speciality of Asian Eco Technology. Shares of Metech, an e-waste management solutions provider, were marginally down recently. Price (SGD): S$0.19, Change: S$0.00, Percent Change: -0.54% |
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Everyday
Elite |
07-Apr-2022 18:53
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On 31st Mar SSH Simon Eng added another 108.3k shares at 0.188 per share.He and Wu have been increasing their investments regulary with Himself as the largest share holder. It is impt for Metech to make announcement on the lab factory progress officially via Sgx. |
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tedlim
Veteran |
07-Apr-2022 13:35
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This is interesting....based on the info below, the lab-grown diamond equipment for Metech JV has progressievly reached Singapore factory and they are doing the test production soon. 技 术 发 展 推 动 ， AET在 新 加 坡 打 造 " 超 级 钻 石 工 厂 " 据 X DIAMOND官 方 资 讯 ， 其 与 新 加 坡 上 市 企 业 Metech International Limited（ 股 票 代 码 ： V3M.SG） 合 资 成 立 ASIAN ECO TECHNOLOGY PTE.LTD. （ 简 称 " AET" ） 专 注 于 高 品 质 CVD培 育 钻 石 的 研 发 生 产 ， 目 前 生 产 设 备 已 陆 续 到 达 新 加 坡 工 厂 ， 技 术 人 员 正 在 加 紧 安 装 调 试 工 作 ， AET即 将 正 式 启 动 小 批 量 市 场 化 生 产 工 作 。 随 着 AET工 厂 的 正 式 投 运 ， 期 待 AET以 打 造 高 品 质 培 育 钻 石 研 、 产 、 销 基 地 为 目 标 ， 增 强 新 加 坡 在 新 材 料 技 术 领 域 的 竞 争 力 ， 同 时 也 为 新 加 坡 精 密 工 程 、 医 疗 仪 器 、 光 学 设 备 、 电 子 和 半 导 体 等 行 业 产 业 链 增 加 新 的 合 作 伙 伴 。 pls do your own DD... |
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WBdisciple
Elite |
07-Apr-2022 13:30
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For_The_Next_Leg
Master |
04-Apr-2022 13:38
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$MetechIntl(V3M.SI)
An interesting comment in the article indicating that lab-grown diamonds has really start taking market share from natural diamonds - " Lab grown diamonds sold 3:1 over naturals for us in 2021. The tide has shifted. Used to be that customers didn&rsquo t even want to hear about them, now it&rsquo s their first question. &mdash JOE KIRK, KIRK & COMPANY JEWELERS, MILFORD, OH"
https://instoremag.com/on-lab-grown-diamonds-our-february-lead-story-and-more-of-your-letters/
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For_The_Next_Leg
Master |
24-Mar-2022 11:31
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$MetechIntl(V3M.SI)
Due to the war between Ukraine and Russia, US has banned Russia Diamonds. This will definitely further boosted the requirement of lab-grown diamonds.
https://qz.com/2141706/russian-sanctions-could-boost-conflict-free-lab-grown-diamonds/
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GoodLearner
Senior |
21-Mar-2022 10:29
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It should be waiting for some solid good progress on the manufacturing plant/s. SSH intelligently accumulating the stocks at low cost/price | ||||
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WBdisciple
Elite |
21-Mar-2022 09:27
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Russian sanctions could boost lab-grown diamonds
REUTERS/MAXIM SHEMETOV
The US&rsquo s ban on Russian diamonds is burnishing the appeal of lab-grown stones.
Russia contributes nearly a third of the global natural diamond supply, according to the US Treasury, with around 90% of Russian production coming from state-backed Alrosa, the world&rsquo s largest diamond mining company.
Industry experts are expecting a two-digit jump in diamond prices in coming months&mdash and a boost in sales of lab-grown stones.
Even before the US announced the ban, part of wide-ranging measures to punish Russia for its Ukraine invasion, consulting firm Kenneth Research was expecting the lab-grown diamond market to grow by an average 9% until 2028. Even traditional natural diamond giants like De Beers have begun selling them.
Demand for diamonds has surged
The ban comes at a time when supply is already tight. Retail sales of diamond jewelry jumped 29% last year versus 2020, and are up 11% over pre-pandemic levels, a report from consulting firm Bain & Co. report said.
&ldquo For the jewelry industry, it has been a historical bonanza,&rdquo said Monil Kothari, founder of the fine jewelry brand Haus of Brilliance. &ldquo Everyone you talk to has made money because supply had been reduced. You had liquidity in the market and people just bored at home that had discretionary cash.&rdquo
Higher labor costs in India, where the majority of jewelry manufacturing is done, has also fueled the rise in diamond prices.
Coinciding with this is pent-up demand in the wedding market as covid restrictions subside. There will be an estimated 2.5 million weddings in 2022, according to The Wedding Report, the most in the US since 1984. This means wedding attendees&mdash both brides and guests&mdash will be looking for jewelry for the occasion.
The promise of lab-grown diamonds
The full impact of the ban is unclear. Rough diamonds are usually sent to India or China for cutting and other processing, obscuring the country of origin. But if Burmese rubies, which were also banned by the US, are any indication, the Biden administration will move to seal out opportunities for diamonds to arrive via intermediaries.
Amish Shah, founder of ALTR Created Diamonds, which sells lab-grown stones, believes consumers will turn to synthetic options in greater numbers, whether for ethical or budget reasons. He estimates that if US officials are strict about scrutinizing Russian diamonds, prices could jump 15 to 25%, although the impact would not trickle down for several months.
Typically, shoppers can get a nearly 50% larger stone for the same price as a naturally mined diamond, without compromising on quality. At the same time, these lab-grown diamonds have a lower carbon footprint and are guaranteed to be conflict-free, something Shah expects will resonate strongly with global consumers who object to the war in Ukraine.
However, while lab-grown diamonds could fulfill some of the consumer demand, they would not be able to fully replace Russian supplies. The total production of lab grown diamonds is around 8 million carats, much smaller than the 32.4 million carats Alrosa alone supplied in 2021.
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gummybear133
Member |
20-Mar-2022 10:28
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https://www.newsfilecorp.com/release/116981/The-Jewelry-Brand-X-DIAMOND-Singapore-to-Open-the-Flagship-Store-at-Ion-Orchard-Singapore | ||||
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Everyday
Elite |
18-Mar-2022 21:37
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16th Mar SSH Simon Eng added 12.5k at 0.191. His total share is 16.226%. The largest share holder. Nobody invest for nothing.. He and Wu kept on investing in Metech...there must be some future benefit.... |
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Everyday
Elite |
18-Mar-2022 17:36
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Great !  the share will jump once the diamond machine start production...
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yuenkf
Member |
18-Mar-2022 12:06
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Their last FS mentioned tat the diamond-manufacturing equipment already with China forwarder. So I suspect there will be upcoming news abt the factory starting soon! Dyodd! | ||||
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LowLow12
Elite |
18-Mar-2022 12:02
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Trade with caution stock
Once trade and caution No one has ever come back again One word Dead |
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Everyday
Elite |
18-Mar-2022 11:53
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likely pocket smaller  but maybe something is brewing 
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LowLow12
Elite |
18-Mar-2022 09:13
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Last time bought is in few Hundred k worth but nowadays buy is few k to ten k worth ?
Appetite getting smaller or pocket already very shallow because keep supporting Lol |
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Everyday
Elite |
18-Mar-2022 08:46
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SSH Wu Yongqian added 49.4k at 0.193 on 15th Mar. He is second largest holder with 15.486% shares. |
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Everyday
Elite |
16-Mar-2022 17:11
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Why SSH Simon Eng keep on adding if there is no future for the Co?
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LowLow12
Elite |
16-Mar-2022 13:48
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Kena trade with caution already
Hard to push ever again Will remain dead as Sgx keep monitoring Example memiontec and LS |
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