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Gnoixed Member	09-May-2021 13:17        Gnoixed About Contact  Quote this Post!
x 0   x 0  Alert Admin	At least you did not book any losses. All your promoting have caught many retailers off-guard to jump on the bandwagon with you. gregtan123      ( Date: 09-May-2021 12:54) Posted: Cut with 5-figure loss: 100k, based on previous buy and 98 close price.  I went to do my sums, last year MT made realised gains: 120k. So now throw back 100k out of 120k, DAMN PAINFUL. Overall from MT Stock still make but LOST 100K, actually more cause if u sold 1.98 ATH (was in queue 1.99 on that very day). Sigh.  MT: Bye forever for me at least. Numbers have GROSSLY Changed, also personally for me I look at their New Products: Stylus Pen, Spray etc, Im doubtful those will fly or have high barriers. So for me is painful Cut Loss.
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Gnoixed Member	09-May-2021 13:15        Gnoixed About Contact  Quote this Post!
x 0   x 0  Alert Admin	You made a good point on the USD20mil+ contract won with Philippines  and Cambodia. Management have to come out and clarify. Lets take into consideration of 2 possible scenarios, if they have booked that in 2021Q1, then the results is really devastating because in pre-covid they were booking like USD15mil/quarter or so. Without this USD20mil+, the revenue would have been just low USD20mil, not much of an improvement to pre-covid. This would signify that demand has fallen short by alot or the group is losing their market share and newly added customers are not re-ordering and existing customers are already reducing their orders or even cancelling them. Need to monitor for the next quarter to see if this is due to timing or a seasonal issue where at the beginning of every year, clients need to secure budget for that entire year before having the capacity to place orders. If coming quarterly results does exhibit the same behaviour with weakness, then it will be a real concern as we don' t expect the group to continuously win USD20mil+ contract from  Philippines and  Cambodia  every quarter.  However, if it wasnt booked in 2021Q1, they might have intentionally push it to the next quarter so that the results don' t look too shabby when compared YoY with 2020 (Q2 is the second highest revenue for 2020), would certainly be hard to beat. The group did mentioned that they are already looking at new sites, but have not shared much information. Simple things like, the proposed site to be located in which country, or maybe its another site in Cambodia?), what is the planned capex they deciding to allocate? Are they waiting for commitment from their clients before moving ahead with the plans? What type of PPE are they looking to manufacture (if it is masks, this will be a huge concern). I felt that the group has been spending all their resources promoting in Taiwan (new masks design and MT shield), winning contracts with  Philippines and Cambodia. Instead, they should be focusing on the bigger markets and securing long term contracts with North America and Europe. Its quite shocking that they currently do not have any long-term contract with North America GPO such as Premier.. guess its just on a need basis. This is quite a concern because there is little to no commitment that they can always switch to another supplier. Hope the sticky relationship does work with their customers. Also, was quite surprised the AGM questions did not ask about current factory utilisation and their planned capex for the year, knowing that they expanded their capacity last year but if that has went back down. AhTan888      ( Date: 09-May-2021 12:12) Posted: I have a feeling Q2 results will be much better den Q1, maybe like wat we see in 2020. Why i say so, there are so many reports and vaguely verified by ceo of company winning contracts from Philippines and Cambodia worth 10 to 20 mil Usd each in the first quarter, the company did not make official announcement. Looking at the unaudited results, the company only reported 40 plus mil revenue, maybe the company haven't book in the revenue and keep for next quarter reporting or the company have no sales at all other den the two contracts. Company also mentioned looking at new sites to ramp up production of PPE, maybe they already have alot of long term contracts or else why ramp up production now and not last year. I personally feel that someone is intentionally pressing down the price to collect cheap. Just sharing my opinion and don't flame me. Hope everybody huat ah. ETLee8      ( Date: 08-May-2021 23:46) Posted: The fact that the q1 profit dropped by 75% indicate 2 big factors: 1.  Price of PPEs has dropped significantly 2.  Demand has dropped in countries of operations Note:  Medtecs may not hv any business with India, Brazil, Nepal, Pakistan ..(high impact countries). Unless they are able to penetrate into new countries, new products, ..etc, profitability declines is expected. DYODD
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gregtan123 Supreme	09-May-2021 12:54        gregtan123 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Cut with 5-figure loss: 100k, based on previous buy and 98 close price.  I went to do my sums, last year MT made realised gains: 120k. So now throw back 100k out of 120k, DAMN PAINFUL. Overall from MT Stock still make but LOST 100K, actually more cause if u sold 1.98 ATH (was in queue 1.99 on that very day). Sigh.  MT: Bye forever for me at least. Numbers have GROSSLY Changed, also personally for me I look at their New Products: Stylus Pen, Spray etc, Im doubtful those will fly or have high barriers. So for me is painful Cut Loss.
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Secret_Squirrel Elite	09-May-2021 12:27        Secret_Squirrel About Contact  Quote this Post!   Yells: "Stay curious but skeptical"
x 0   x 0  Alert Admin	I have the same feeling too. But having better results may not necessary rise the share price in today' s irrational world. AhTan888      ( Date: 09-May-2021 12:12) Posted: I have a feeling Q2 results will be much better den Q1, maybe like wat we see in 2020. Why i say so, there are so many reports and vaguely verified by ceo of company winning contracts from Philippines and Cambodia worth 10 to 20 mil Usd each in the first quarter, the company did not make official announcement. Looking at the unaudited results, the company only reported 40 plus mil revenue, maybe the company haven't book in the revenue and keep for next quarter reporting or the company have no sales at all other den the two contracts. Company also mentioned looking at new sites to ramp up production of PPE, maybe they already have alot of long term contracts or else why ramp up production now and not last year. I personally feel that someone is intentionally pressing down the price to collect cheap. Just sharing my opinion and don't flame me. Hope everybody huat ah. ETLee8      ( Date: 08-May-2021 23:46) Posted: The fact that the q1 profit dropped by 75% indicate 2 big factors: 1.  Price of PPEs has dropped significantly 2.  Demand has dropped in countries of operations Note:  Medtecs may not hv any business with India, Brazil, Nepal, Pakistan ..(high impact countries). Unless they are able to penetrate into new countries, new products, ..etc, profitability declines is expected. DYODD
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AhTan888 Senior	09-May-2021 12:23        AhTan888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	In the meantime, just enjoy watching the show between the LH, RH kakis and the day traders. AhTan888      ( Date: 09-May-2021 12:17) Posted: I am sharing my opinion and not asking anyone to buy or sell. I am still vested and not looking to add. leleguo      ( Date: 09-May-2021 12:14) Posted: Then wait for the correction before buying in anticipation for next quarter's results. Waiting is FREE
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AhTan888 Senior	09-May-2021 12:17        AhTan888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am sharing my opinion and not asking anyone to buy or sell. I am still vested and not looking to add. leleguo      ( Date: 09-May-2021 12:14) Posted: Then wait for the correction before buying in anticipation for next quarter's results. Waiting is FREE. AhTan888      ( Date: 09-May-2021 12:12) Posted: I have a feeling Q2 results will be much better den Q1, maybe like wat we see in 2020. Why i say so, there are so many reports and vaguely verified by ceo of company winning contracts from Philippines and Cambodia worth 10 to 20 mil Usd each in the first quarter, the company did not make official announcement. Looking at the unaudited results, the company only reported 40 plus mil revenue, maybe the company haven't book in the revenue and keep for next quarter reporting or the company have no sales at all other den the two contracts. Company also mentioned looking at new sites to ramp up production of PPE, maybe they already have alot of long term contracts or else why ramp up production now and not last year. I personally feel that someone is intentionally pressing down the price to collect cheap. Just sharing my opinion and don't flame me. Hope everybody huat ah.
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tritonyeah6666 Senior	09-May-2021 12:16        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Agree AhTan888      ( Date: 09-May-2021 12:12) Posted: I have a feeling Q2 results will be much better den Q1, maybe like wat we see in 2020. Why i say so, there are so many reports and vaguely verified by ceo of company winning contracts from Philippines and Cambodia worth 10 to 20 mil Usd each in the first quarter, the company did not make official announcement. Looking at the unaudited results, the company only reported 40 plus mil revenue, maybe the company haven't book in the revenue and keep for next quarter reporting or the company have no sales at all other den the two contracts. Company also mentioned looking at new sites to ramp up production of PPE, maybe they already have alot of long term contracts or else why ramp up production now and not last year. I personally feel that someone is intentionally pressing down the price to collect cheap. Just sharing my opinion and don't flame me. Hope everybody huat ah. ETLee8      ( Date: 08-May-2021 23:46) Posted: The fact that the q1 profit dropped by 75% indicate 2 big factors: 1.  Price of PPEs has dropped significantly 2.  Demand has dropped in countries of operations Note:  Medtecs may not hv any business with India, Brazil, Nepal, Pakistan ..(high impact countries). Unless they are able to penetrate into new countries, new products, ..etc, profitability declines is expected. DYODD
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leleguo Member	09-May-2021 12:14        leleguo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Then wait for the correction before buying in anticipation for next quarter's results. Waiting is FREE. AhTan888      ( Date: 09-May-2021 12:12) Posted: I have a feeling Q2 results will be much better den Q1, maybe like wat we see in 2020. Why i say so, there are so many reports and vaguely verified by ceo of company winning contracts from Philippines and Cambodia worth 10 to 20 mil Usd each in the first quarter, the company did not make official announcement. Looking at the unaudited results, the company only reported 40 plus mil revenue, maybe the company haven't book in the revenue and keep for next quarter reporting or the company have no sales at all other den the two contracts. Company also mentioned looking at new sites to ramp up production of PPE, maybe they already have alot of long term contracts or else why ramp up production now and not last year. I personally feel that someone is intentionally pressing down the price to collect cheap. Just sharing my opinion and don't flame me. Hope everybody huat ah. ETLee8      ( Date: 08-May-2021 23:46) Posted: The fact that the q1 profit dropped by 75% indicate 2 big factors: 1.  Price of PPEs has dropped significantly 2.  Demand has dropped in countries of operations Note:  Medtecs may not hv any business with India, Brazil, Nepal, Pakistan ..(high impact countries). Unless they are able to penetrate into new countries, new products, ..etc, profitability declines is expected. DYODD
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AhTan888 Senior	09-May-2021 12:12        AhTan888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I have a feeling Q2 results will be much better den Q1, maybe like wat we see in 2020. Why i say so, there are so many reports and vaguely verified by ceo of company winning contracts from Philippines and Cambodia worth 10 to 20 mil Usd each in the first quarter, the company did not make official announcement. Looking at the unaudited results, the company only reported 40 plus mil revenue, maybe the company haven't book in the revenue and keep for next quarter reporting or the company have no sales at all other den the two contracts. Company also mentioned looking at new sites to ramp up production of PPE, maybe they already have alot of long term contracts or else why ramp up production now and not last year. I personally feel that someone is intentionally pressing down the price to collect cheap. Just sharing my opinion and don't flame me. Hope everybody huat ah. ETLee8      ( Date: 08-May-2021 23:46) Posted: The fact that the q1 profit dropped by 75% indicate 2 big factors: 1.  Price of PPEs has dropped significantly 2.  Demand has dropped in countries of operations Note:  Medtecs may not hv any business with India, Brazil, Nepal, Pakistan ..(high impact countries). Unless they are able to penetrate into new countries, new products, ..etc, profitability declines is expected. DYODD
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gregtan123 Supreme	09-May-2021 11:12        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	True hence why to me dynamics and macro factors have changed, hard to hold MT any longer. any rebound to above 1 (if any) would be a time to slowly unwind n get out so as to not to crash the price for other longist bros. Overall medtecs Q1 results is Way Too Disappointing hence for me at least, it is a SELL N Cut Loss. In the past, there was FA to back Medtecs so can hold but for now to me cannot. But don' t let me affect all of u. After I sell I still hope go to above 2 SGD. ETLee8      ( Date: 08-May-2021 23:46) Posted: The fact that the q1 profit dropped by 75% indicate 2 big factors: 1.  Price of PPEs has dropped significantly 2.  Demand has dropped in countries of operations Note:  Medtecs may not hv any business with India, Brazil, Nepal, Pakistan ..(high impact countries). Unless they are able to penetrate into new countries, new products, ..etc, profitability declines is expected. DYODD
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leleguo Member	09-May-2021 08:32        leleguo About Contact  Quote this Post!
x 0   x 0  Alert Admin	With such dismay drop in revenue, dont think another share buy back will be done until the share price falls off the cliff. 3jhuat      ( Date: 08-May-2021 17:46) Posted: If at this price you think management will just sit there and see? Medtecs is cash rich now. Let see if it will go below 90 or not next week. Sgsw0chh      ( Date: 08-May-2021 12:13) Posted: Medtec has been holding firm at 0.93 since 7 Dec 2020. If it break at 0.93 next week, the next support is 0.865. It may reach hibernation between 0.865 to 0.93 until next quarter result when 0.93 resistance could be cleared to reach $1 gradually. Good luck guys!!
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ETLee8 Master	08-May-2021 23:46        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	The fact that the q1 profit dropped by 75% indicate 2 big factors: 1.  Price of PPEs has dropped significantly 2.  Demand has dropped in countries of operations Note:  Medtecs may not hv any business with India, Brazil, Nepal, Pakistan ..(high impact countries). Unless they are able to penetrate into new countries, new products, ..etc, profitability declines is expected. DYODD
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Blowyouoff Veteran	08-May-2021 23:38        Blowyouoff About Contact  Quote this Post!
x 0   x 0  Alert Admin	The symptoms of covid ranges from mild to severe, vaccines supposed to prevent all of these   Some only shows mild whereas some progress to have severe illness requiring hospitalisation, icu, intubation etc etc tritonyeah6666      ( Date: 08-May-2021 20:50) Posted: Yep. I know the carrier part. Didn't know the prevent symptoms part. Quite scary indeed. Maciam Covid goes stealth mode Blowyouoff      ( Date: 08-May-2021 19:54) Posted: Bro, I said ' one of the main objective' of vaccination is to prevent symptoms. Vaccination also has other objective, as mentioned by you. unknown to most people, a vaccinated person can still be carrier and can still pass the covid to another person. Vaccination can be seen as double edge sword, on one hand it protects. On the other hand, it masks the symptoms of covid and thus if a vaccinated person got covid, he/she doesn' t present any symptoms but could be a carrier. He can walk pass screener without being detected because he won' t have fever.
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ss2017. Supreme	08-May-2021 22:55        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hope that coming week, share price can hit up to 110 before dividend due. After dividend, hope again it will stay above 105. Many possibilities, just be patient.
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tritonyeah6666 Senior	08-May-2021 20:50        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yep. I know the carrier part. Didn't know the prevent symptoms part. Quite scary indeed. Maciam Covid goes stealth mode Blowyouoff      ( Date: 08-May-2021 19:54) Posted: Bro, I said ' one of the main objective' of vaccination is to prevent symptoms. Vaccination also has other objective, as mentioned by you. unknown to most people, a vaccinated person can still be carrier and can still pass the covid to another person. Vaccination can be seen as double edge sword, on one hand it protects. On the other hand, it masks the symptoms of covid and thus if a vaccinated person got covid, he/she doesn' t present any symptoms but could be a carrier. He can walk pass screener without being detected because he won' t have fever.  tritonyeah6666      ( Date: 08-May-2021 18:27) Posted: Hmm, is that correct? Vaccine is to prevent us from having the symptoms? I thought is to prevent ppl from being critically ill due to body munting defense against virus. Nevertheless, if yes, does it mean that we will see more & more silent transmission & infections as majority (assuming most ppl vaccinated) no longer show symptoms? And can only be detected thru proactive screening? That sounds scar
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Blowyouoff Veteran	08-May-2021 19:54        Blowyouoff About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, I said ' one of the main objective' of vaccination is to prevent symptoms. Vaccination also has other objective, as mentioned by you. unknown to most people, a vaccinated person can still be carrier and can still pass the covid to another person. Vaccination can be seen as double edge sword, on one hand it protects. On the other hand, it masks the symptoms of covid and thus if a vaccinated person got covid, he/she doesn' t present any symptoms but could be a carrier. He can walk pass screener without being detected because he won' t have fever.  tritonyeah6666      ( Date: 08-May-2021 18:27) Posted: Hmm, is that correct? Vaccine is to prevent us from having the symptoms? I thought is to prevent ppl from being critically ill due to body munting defense against virus. Nevertheless, if yes, does it mean that we will see more & more silent transmission & infections as majority (assuming most ppl vaccinated) no longer show symptoms? And can only be detected thru proactive screening? That sounds scary Blowyouoff      ( Date: 08-May-2021 14:30) Posted: Bro, all the vaccines company didn' t promise 100% success rate.. what we are seeing are expected base on published result. This few numbers happened to be those few % who are not protected despite being vaccinated. One of the reason why they are protected despite being vaccinated could be their body did not produce sufficient antibodies.  also, there wil be more asymptomatic cases once they do more routine screening. Vaccinated patients could potentially be carrier but because of the vaccination, they do not present symptoms(this is one of the main objective of the vaccination which is to prevent us from having the symptoms
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tritonyeah6666 Senior	08-May-2021 18:27        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hmm, is that correct? Vaccine is to prevent us from having the symptoms? I thought is to prevent ppl from being critically ill due to body munting defense against virus. Nevertheless, if yes, does it mean that we will see more & more silent transmission & infections as majority (assuming most ppl vaccinated) no longer show symptoms? And can only be detected thru proactive screening? That sounds scary Blowyouoff      ( Date: 08-May-2021 14:30) Posted: Bro, all the vaccines company didn' t promise 100% success rate.. what we are seeing are expected base on published result. This few numbers happened to be those few % who are not protected despite being vaccinated. One of the reason why they are protected despite being vaccinated could be their body did not produce sufficient antibodies.  also, there wil be more asymptomatic cases once they do more routine screening. Vaccinated patients could potentially be carrier but because of the vaccination, they do not present symptoms(this is one of the main objective of the vaccination which is to prevent us from having the symptoms) des_khor      ( Date: 08-May-2021 09:30) Posted: Think the vaccine not effective as we can see local case from TTSH how many of them are doctors and nurses who already received 2 doses !
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3jhuat Member	08-May-2021 17:46        3jhuat About Contact  Quote this Post!
x 0   x 0  Alert Admin	If at this price you think management will just sit there and see? Medtecs is cash rich now. Let see if it will go below 90 or not next week. Sgsw0chh      ( Date: 08-May-2021 12:13) Posted: Medtec has been holding firm at 0.93 since 7 Dec 2020. If it break at 0.93 next week, the next support is 0.865. It may reach hibernation between 0.865 to 0.93 until next quarter result when 0.93 resistance could be cleared to reach $1 gradually. Good luck guys!!! ETLee8      ( Date: 07-May-2021 23:09) Posted: Yes, worth waiting to collect 4.18 cts (usd).  No more chance going forward as this quarter earnings only 2.4cts (usd).  For whole year may be less than 10 cts (usd) assuming consistent profit for the next 3 quarters.  Next year may be 5 cts eps.
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tonyja Elite	08-May-2021 17:23        tonyja About Contact  Quote this Post!
x 0   x 0  Alert Admin	U also have Sri trang stock. I won' t be surprise u will buy   Sri trang glove on Monday  zandlery      ( Date: 08-May-2021 16:44) Posted: Haha.... Sri Trang shareholders see your post might "choy choy choy".... Coming down to meet medtec?... Just kidding. TodaySgCny      ( Date: 08-May-2021 16:38) Posted: Covid cases increasing in most part of countries,sooner medical stock will be back in play with a bang.BB collecting cheap from weak holder.Medtec and Sri Trang will hopefully meet each other in same price once again.
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zandlery Supreme	08-May-2021 16:44        zandlery About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Haha.... Sri Trang shareholders see your post might "choy choy choy".... Coming down to meet medtec?... Just kidding. TodaySgCny      ( Date: 08-May-2021 16:38) Posted: Covid cases increasing in most part of countries,sooner medical stock will be back in play with a bang.BB collecting cheap from weak holder.Medtec and Sri Trang will hopefully meet each other in same price once again.
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