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Shifu8888 Supreme	07-May-2021 07:43        Shifu8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I see. Will see what happen. Midtermer      ( Date: 07-May-2021 07:40) Posted: The net profit margin actually dropped compared with q4 2020 but this could become the baseline for next few quarters due to their business strategy. I'm expecting 10 - 20% drop in share price before recovery. Dyodd. Shifu8888      ( Date: 07-May-2021 07:17) Posted: May knee jerk down but will move up subsequently Market is always forward. This has been factored in. Overall not bad set of results. Not vested. I guess this will surprise and rebound today amid better profit margin which means eps improved and pe drop a lot. Buy on weakness. I may Tikam some later.
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Midtermer Master	07-May-2021 07:40        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	The net profit margin actually dropped compared with q4 2020 but this could become the baseline for next few quarters due to their business strategy. I'm expecting 10 - 20% drop in share price before recovery. Dyodd. Shifu8888      ( Date: 07-May-2021 07:17) Posted: May knee jerk down but will move up subsequently Market is always forward. This has been factored in. Overall not bad set of results. Not vested. I guess this will surprise and rebound today amid better profit margin which means eps improved and pe drop a lot. Buy on weakness. I may Tikam some later.
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Shifu8888 Supreme	07-May-2021 07:17        Shifu8888 About Contact  Quote this Post!
x 0   x 1  Alert Admin	May knee jerk down but will move up subsequently Market is always forward. This has been factored in. Overall not bad set of results. Not vested. I guess this will surprise and rebound today amid better profit margin which means eps improved and pe drop a lot. Buy on weakness. I may Tikam some later.
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ssrata Member	07-May-2021 07:14        ssrata About Contact  Quote this Post!
x 0   x 0  Alert Admin	Current price of $1+ is not based on 4Q2020 result but based on market expectation that demand for PPE and profit margin will drop, which unfortunately the Q1 result bares out.  MedBull      ( Date: 07-May-2021 01:14) Posted: Are you Mr Joker here?    Today with 3 meals taken, you are 1.8m tall.....    Tomorrow you have 1 meal,  you are going to immediately drop by 2/3 down to 0.6 m tall only ? Come on.... shareabc      ( Date: 07-May-2021 00:56) Posted: current price $1+ is based on the 4Q2020 result, which is about 3times better than 1Q21, can i say tmr price will drop 2/3 to $0.3+ð??
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Midtermer Master	07-May-2021 07:07        Midtermer About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro I feel you. I have been vested since Feb last year and kept averaging up. Always expect the unexpected. Dyodd. gregtan123      ( Date: 07-May-2021 00:20) Posted: Hand on heart, the results are VERY Disappointing. Only saving grace is the Board tries to sound VERY Positive about the Future. I think likely to gap DOWN. I am not sure how low it will go but if u ask me, I think Greg n Co have overstayed our Medtecs welcome. GG RIP. I am not very confident in the Management after this if u ask me. Didn' t strike when iron was hot on gowns etc.  Peace Out. If u lost money because u follow me on this, I apologise. I am NOT saying I am selling btw but I am inclined to think there s little chance medtecs breaches ATH.
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MedBull Member	07-May-2021 01:14        MedBull About Contact  Quote this Post!
x 0   x 0  Alert Admin	Are you Mr Joker here?    Today with 3 meals taken, you are 1.8m tall.....    Tomorrow you have 1 meal,  you are going to immediately drop by 2/3 down to 0.6 m tall only ? Come on.... shareabc      ( Date: 07-May-2021 00:56) Posted: current price $1+ is based on the 4Q2020 result, which is about 3times better than 1Q21, can i say tmr price will drop 2/3 to $0.3+ð??? stockman20      ( Date: 07-May-2021 00:45) Posted: For those who vested, some positive pointer to think about: 1.  with the recent rise of new variants of the Coronavirus Disease 2019 (COVID19) and new waves of infection across the globe, demand for the Group' s personal protective equipment (PPE) remains elevated despite global efforts to administer COVID19 vaccines, resulting in higher-volume orders with the Group. 2.  the Group has doubled up engagement with group purchasing organisations, institutional clients and government agencies to initiate provision of its PPE stockpiling services and as a result, has secured several supply contracts in the Philippines and Cambodia for the first quarter ended 31 March (&ldquo 1Q&rdquo ) 2021.  3.  the Group&rsquo s revenue increased by approximately 6% to US$42.17 million, with net profit increasing more than 2.5 times to US$13.21 million in 1Q 2021, compared to the corresponding period in 1Q2020. 4. the Group has started site selection for the construction of a PPE manufacturing facility to further strengthen the Group' s position as a leading PPE stockpiling provider and Asia&rsquo s first multi-national group procurement platform with onestop shop capabilities.  5.  the Group continues to expand its retail business, including through our Amazon US shop, which has increased its daily sales volume by more than 10 times compared to the 4th quarter ended 31 December 2020 6.  The Board believes that with increased consumer awareness, the Group&rsquo s retail business will not only bolster its revenue stream but will generate more recognition and confidence which will help the Group secure more long-term orders with a view to ultimately building a resilient global PPE supply chain with government agencies, brand owners and industry players.  7.  Barring unforeseen circumstances, the Company expects revenue in the second quarter ending 30 June 2021 to exceed that of 1Q 2021.
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shareabc Member	07-May-2021 00:56        shareabc About Contact  Quote this Post!
x 0   x 0  Alert Admin	current price $1+ is based on the 4Q2020 result, which is about 3times better than 1Q21, can i say tmr price will drop 2/3 to $0.3+ð??? stockman20      ( Date: 07-May-2021 00:45) Posted: For those who vested, some positive pointer to think about: 1.  with the recent rise of new variants of the Coronavirus Disease 2019 (COVID19) and new waves of infection across the globe, demand for the Group' s personal protective equipment (PPE) remains elevated despite global efforts to administer COVID19 vaccines, resulting in higher-volume orders with the Group. 2.  the Group has doubled up engagement with group purchasing organisations, institutional clients and government agencies to initiate provision of its PPE stockpiling services and as a result, has secured several supply contracts in the Philippines and Cambodia for the first quarter ended 31 March (&ldquo 1Q&rdquo ) 2021.  3.  the Group&rsquo s revenue increased by approximately 6% to US$42.17 million, with net profit increasing more than 2.5 times to US$13.21 million in 1Q 2021, compared to the corresponding period in 1Q2020. 4. the Group has started site selection for the construction of a PPE manufacturing facility to further strengthen the Group' s position as a leading PPE stockpiling provider and Asia&rsquo s first multi-national group procurement platform with onestop shop capabilities.  5.  the Group continues to expand its retail business, including through our Amazon US shop, which has increased its daily sales volume by more than 10 times compared to the 4th quarter ended 31 December 2020 6.  The Board believes that with increased consumer awareness, the Group&rsquo s retail business will not only bolster its revenue stream but will generate more recognition and confidence which will help the Group secure more long-term orders with a view to ultimately building a resilient global PPE supply chain with government agencies, brand owners and industry players.  7.  Barring unforeseen circumstances, the Company expects revenue in the second quarter ending 30 June 2021 to exceed that of 1Q 2021.
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stockman20 Senior	07-May-2021 00:45        stockman20 About Contact  Quote this Post!
x 1   x 0  Alert Admin	For those who vested, some positive pointer to think about: 1.  with the recent rise of new variants of the Coronavirus Disease 2019 (COVID19) and new waves of infection across the globe, demand for the Group' s personal protective equipment (PPE) remains elevated despite global efforts to administer COVID19 vaccines, resulting in higher-volume orders with the Group. 2.  the Group has doubled up engagement with group purchasing organisations, institutional clients and government agencies to initiate provision of its PPE stockpiling services and as a result, has secured several supply contracts in the Philippines and Cambodia for the first quarter ended 31 March (&ldquo 1Q&rdquo ) 2021.  3.  the Group&rsquo s revenue increased by approximately 6% to US$42.17 million, with net profit increasing more than 2.5 times to US$13.21 million in 1Q 2021, compared to the corresponding period in 1Q2020. 4. the Group has started site selection for the construction of a PPE manufacturing facility to further strengthen the Group' s position as a leading PPE stockpiling provider and Asia&rsquo s first multi-national group procurement platform with onestop shop capabilities.  5.  the Group continues to expand its retail business, including through our Amazon US shop, which has increased its daily sales volume by more than 10 times compared to the 4th quarter ended 31 December 2020 6.  The Board believes that with increased consumer awareness, the Group&rsquo s retail business will not only bolster its revenue stream but will generate more recognition and confidence which will help the Group secure more long-term orders with a view to ultimately building a resilient global PPE supply chain with government agencies, brand owners and industry players.  7.  Barring unforeseen circumstances, the Company expects revenue in the second quarter ending 30 June 2021 to exceed that of 1Q 2021.
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gregtan123 Supreme	07-May-2021 00:33        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	bro which part of my statement u dont get? coolbear123      ( Date: 07-May-2021 00:27) Posted: Breach ATH? Come on get real bro.... gregtan123      ( Date: 07-May-2021 00:20) Posted: Hand on heart, the results are VERY Disappointing. Only saving grace is the Board tries to sound VERY Positive about the Future. I think likely to gap DOWN. I am not sure how low it will go but if u ask me, I think Greg n Co have overstayed our Medtecs welcome. GG RIP. I am not very confident in the Management after this if u ask me. Didn' t strike when iron was hot on gowns etc.  Peace Out. If u lost money because u follow me on this, I apologise. I am NOT saying I am selling btw but I am inclined to think there s little chance medtecs breaches ATH.
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coolbear123 Senior	07-May-2021 00:27        coolbear123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Breach ATH? Come on get real bro.... gregtan123      ( Date: 07-May-2021 00:20) Posted: Hand on heart, the results are VERY Disappointing. Only saving grace is the Board tries to sound VERY Positive about the Future. I think likely to gap DOWN. I am not sure how low it will go but if u ask me, I think Greg n Co have overstayed our Medtecs welcome. GG RIP. I am not very confident in the Management after this if u ask me. Didn' t strike when iron was hot on gowns etc.  Peace Out. If u lost money because u follow me on this, I apologise. I am NOT saying I am selling btw but I am inclined to think there s little chance medtecs breaches ATH.
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gregtan123 Supreme	07-May-2021 00:20        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Hand on heart, the results are VERY Disappointing. Only saving grace is the Board tries to sound VERY Positive about the Future. I think likely to gap DOWN. I am not sure how low it will go but if u ask me, I think Greg n Co have overstayed our Medtecs welcome. GG RIP. I am not very confident in the Management after this if u ask me. Didn' t strike when iron was hot on gowns etc.  Peace Out. If u lost money because u follow me on this, I apologise. I am NOT saying I am selling btw but I am inclined to think there s little chance medtecs breaches ATH.
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ETLee8 Master	07-May-2021 00:11        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Bro, if i am not mistaken, they are not short sellers but distributors. Let us see tomorrow which way it goes. ss2017.      ( Date: 06-May-2021 23:57) Posted: Short sellers need time to buy back before dividend time soon. The time is limited for them as company profit keeps turning green qtr by qtr as acknowledged by demands ahead due to more variants already know.
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ss2017. Supreme	06-May-2021 23:57        ss2017. About Contact  Quote this Post!
x 0   x 0  Alert Admin	Short sellers need time to buy back before dividend time soon. The time is limited for them as company profit keeps turning green qtr by qtr as acknowledged by demands ahead due to more variants already know.
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like2learn Veteran	06-May-2021 23:25        like2learn About Contact  Quote this Post!
x 0   x 0  Alert Admin	" the Group&rsquo s revenue increased by approximately 6% to US$42.17 million, with net profit increasing more than 2.5 times to US$13.21 million in 1Q 2021...." https://links.sgx.com/FileOpen/Medtecs%20-%20Announcement%20on%20Unaudited%20First%20Quarter%20Results%20and%20Outlook_May%206%202021.ashx?App=Announcement& FileID=665327 great compilation by greg in the post below. So while Q1 is better than Q1 last year, it is quite far off from Q4 last year. Does it mean expectations shd be tamed for this year, or are there seasonal factors to be considered ? in any case, i hv exited my position not long ago, not that it' s bad, but it' s really hard to predict the financials. gregtan123      ( Date: 27-Apr-2021 20:46) Posted: FAIRNESS Post: They said Q1 this year exceed Q1 last year but that' s LAME. MEDTECS share price turn on Q1 Results.  Q4 Revenue: 113,128, Gross Profit: 54,735, Net: 47,081 Q3 Revenue: 124,591, Gross Profit: 65,463, Net: 45,742 Q2 Revenue: 122,798, Gross Profit: 44,268, Net: 35,221 Q1 Revenue: 39,811, Gross Profit: 7154, Net: 3672 *all add 000 behind! So the key is Q12021 Revenue, Gross, Net. It needs to be least 100 Million and above.
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ETLee8 Master	06-May-2021 23:19        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seow Leow lah.  No wonder I guess it is Chng Lay keep throwing. The recent Covid situation indirectly helps to push it higher.    More retail  investors going to get hurt big time. USD 13m is about one-quarter of 3rd Q (USD 45.7M) last year. AhTan888      ( Date: 06-May-2021 16:26) Posted: What if the parties involved are the owner themselves? Who have so much share to sell or who dare to short so much? ETLee8      ( Date: 06-May-2021 16:22) Posted: How u know which party is doing this ?  Chng Kay or BBs
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nqing87 Supreme	06-May-2021 23:19        nqing87 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looks like medtecs has a jaw dropping results in a negative way.. q4 2020 was 113mil revenue with 47mil profit if I'm not wrong.. q1 2021 becomes 42mil revenue and 13mil net profit.. although the guidance for q2 2021 says will exceed in revenue for q1 2021, but it stops short at saying stronger profit.. based on 13mil this quarter, annualised this amount will be abt 12.5cents sgd.. which translates to about 8+ p/e.. now question is if 2022 results will be sustainable or worse off than 2021
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SgTrader17 Elite	06-May-2021 22:26        SgTrader17 About Contact  Quote this Post!
x 0   x 1  Alert Admin	According to hear say, big orders will be placed, so big profits will be expected, towards $2 target price. According to someone posted few days ago. I just help to spread.
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shareabc Member	06-May-2021 22:18        shareabc About Contact  Quote this Post!
x 0   x 0  Alert Admin	good job LOBSTER, hope it can recover abit tmr Lobster      ( Date: 06-May-2021 22:02) Posted: Huh? id there two sets of results?   Medtecs Q1 net profit jumps to US$13.2 million as PPE demand ' remains elevated' CATALIST-LISTED protective gear maker Medtecs International Corp more than tripled its first-quarter earnings year on year, as demand for its output " remains elevated" . Net profit rose to US$13.2 million for the three months to March 31, up from US$3.67 million in the year-ago period, according to unaudited results out on Thursday. Revenue rose 5.9 per cent on year, to US$42.2 million, amid the raging Covid-19 pandemic. The board noted that " it will be a challenge" for its full-year performance to bust the record revenue and profit of 2020. Still, it expects turnover to grow quarter on quarter for the April-to-June period, barring unforeseen circumstances.  The spread of new virus variants has driven higher-volume orders for Medtecs, and the group has ramped up engagements for group purchases, the board disclosed.   superstartup      ( Date: 06-May-2021 21:22) Posted: No need wave liao. . . Result out. . . Really really lousy compared with street estimates and all the rosy outlook bros here believe in. . .
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Lobster Elite	06-May-2021 22:02        Lobster About Contact  Quote this Post!   Yells: "Even Adam Khoo believes in the Black Market!"
x 0   x 0  Alert Admin	Huh? id there two sets of results?   Medtecs Q1 net profit jumps to US$13.2 million as PPE demand ' remains elevated' CATALIST-LISTED protective gear maker Medtecs International Corp more than tripled its first-quarter earnings year on year, as demand for its output " remains elevated" . Net profit rose to US$13.2 million for the three months to March 31, up from US$3.67 million in the year-ago period, according to unaudited results out on Thursday. Revenue rose 5.9 per cent on year, to US$42.2 million, amid the raging Covid-19 pandemic. The board noted that " it will be a challenge" for its full-year performance to bust the record revenue and profit of 2020. Still, it expects turnover to grow quarter on quarter for the April-to-June period, barring unforeseen circumstances.  The spread of new virus variants has driven higher-volume orders for Medtecs, and the group has ramped up engagements for group purchases, the board disclosed.   superstartup      ( Date: 06-May-2021 21:22) Posted: No need wave liao. . . Result out. . . Really really lousy compared with street estimates and all the rosy outlook bros here believe in. . . SgYuan      ( Date: 06-May-2021 21:04) Posted: sorry mistake then w5 adjusted 125-8=117
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Shifu8888 Supreme	06-May-2021 21:49        Shifu8888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am not vested. I don think it s that bad. Margin has improved a lot due to them selling directly to end customer. Also their forward statement is very rosy. I guess today a drop has factored in somewhat.s superstartup      ( Date: 06-May-2021 21:22) Posted: No need wave liao. . . Result out. . . Really really lousy compared with street estimates and all the rosy outlook bros here believe in. . . SgYuan      ( Date: 06-May-2021 21:04) Posted: sorry mistake then w5 adjusted 125-8=117
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