Latest Forum Topics /
Medtecs Intl
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The next journey
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the3nomads
Supreme |
06-May-2021 11:00
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What comes down must go up...hang in there, it still has until XD to rise....wishing you & all here Good Huat🙏 🙏 🙏
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ss2017.
Supreme |
06-May-2021 10:41
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Both counters have been dropping 4c, MT 3% drop today, UG about 6%. In that sense UG drops more.
But MT has been dropping since 115, a 10% drop liao |
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shareabc
Member |
06-May-2021 10:40
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entered at 1.11two days ago, thought that it is safe as dividend coming, ganna slap right and left now. just wondering how come keep dropping,like no support at all | ||||
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the3nomads
Supreme |
06-May-2021 10:35
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Ya...please don't let this thread become another Aspen....Aspen threads kena removed by Admin a few times liao...🙏 🙏 🙏
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ec0101
Veteran |
06-May-2021 10:27
Yells: "Do what you have to do." |
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Guys, can we all stop with all the personal attacks. It' s getting us nowhere and it doesn' t contribute anything except provoke more tit for tat replies back and forth. | ||||
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cucina
Master |
06-May-2021 10:26
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All medi counters sell down today ...  could be due to Biden' s intention to waive the IP of vaccines thus help in the roll out?  | ||||
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Hawker80
Senior |
06-May-2021 10:24
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your mother?
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Investor8
Master |
06-May-2021 10:22
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I guess those who bought medical PPE counters at the start of the pandemic should be considered unethical then.  In the same vein, I guess those companies manufacturing medical PPEs are also considered unethical too for benefiting from the pandemic (even though more might have perished if not for them).  The same goes for fund managers too.  LOL!!!!
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AhTan888
Senior |
06-May-2021 10:20
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Thats what happens when the day trader or shortis selling and the owner not doing anything to defend the share or the owner is part of the gang selling.
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ec0101
Veteran |
06-May-2021 10:13
Yells: "Do what you have to do." |
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UG dropped 6.43% currently. So far medtecs have always been following in the footsteps of UG for some reason. I guess same BBs/players?
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Longtermer
Elite |
06-May-2021 10:10
Yells: "A disciplined investor is a wealthy investor" |
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Shall we focus more on objective sharing and views on the counter performance or outlook rather than personal attacks? No use harping on past postings.. cheers bro.
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SgTrader17
Elite |
06-May-2021 09:58
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Someone whom encouraging for DORSCON RED and unnecessarily SPREADING FEARS is call vested in medical counters and he is not unethical... Well, well .... his motive is just to make ppl think that situation is good for buying up Medtec shares so he can profits from his purchases. Do you think he is really so ethical to care about the well being of the ppl affected? Even when I think of possible rise in Medtec share price, having that thinking of buying, and observing the prices, I also keep my mouth shut on our DORSCON situation, praying that it will not get worse. That is our country state of emergency and I doubt anyone will be better off when the crisis gets worse. That apply to everyone living in Singapore. All will be affected if the situation gets worse.
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the3nomads
Supreme |
06-May-2021 09:50
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And it's a Mad sell down today! | ||||
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Longtermer
Elite |
06-May-2021 09:41
Yells: "A disciplined investor is a wealthy investor" |
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Vested in medical counters are purely investment decisions and not unethical..  Every one has views and there is no need to attack ppl for their views or investment choice. This forum should be for sharing info, company updates, constructive comments and analysis. Lets all huat and be in peace..   
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ETLee8
Master |
06-May-2021 09:40
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I am afraid this may be the case too.  Then they will make more money from moving the shares down and up and down than company annual profits and dividends.
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SgTrader17
Elite |
06-May-2021 09:36
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According to someone who posted confidently here, Government will be placing BIG ORDERS on the products, PPE etc ... So don't worry of the fall in share price. Will recover, will go to his target price of $2. By then, only he will bring the money with him when human beings crisis go into catastrophic situation. I congratulate him first, in advance. In case I won't be around by then such situation evolved. | ||||
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tonyja
Elite |
06-May-2021 09:32
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Moderna booster increases antibodies against COVID-19 variants, early data shows06 May 2021 05:22AM
World
A vial and syringe are seen in front of a displayed Moderna logo in this illustration taken Jan  11, 2021. (Photo: REUTERS/Dado Ruvic) (Updated:  06 May 2021 06:52AM)
BookmarkNEW YORK: Moderna said on Wednesday (May 5) early human trial data shows that a third dose of either its current COVID-19 shot or an experimental new vaccine candidate increases immunity against variants of COVID-19 first found in Brazil and South Africa. The booster shots, given to volunteers previously inoculated with Moderna' s two-dose vaccine regimen, also boosted antibodies against the original version of COVID-19, Moderna said. The early data comes from a 40-person trial testing both Moderna' s existing shot and a version developed to protect against the South African variant of COVID-19 called mRNA-1273.351. Moderna is also studying a shot that combines both the new and existing vaccine. READ:  WHO lists Moderna' s COVID-19 vaccine for emergency useREAD:  US preparing for 1-year COVID-19 booster shots Pfizer chief sees needThe results show that while booster shots of either version of the vaccine increased antibodies against all of the variants of COVID-19 tested in the trial, the new booster had a bigger response against the South African variant than the original vaccine. " We are encouraged by these new data, which reinforce our confidence that our booster strategy should be protective" against the newer variants of COVID-19, Stephane Bancel, Moderna' s chief executive officer, said in a statement. Both booster shots were well tolerated, with side effects similar to what volunteers in previous studies experienced from the second dose of its vaccine, Moderna said. The new variants of COVID-19 first discovered in South Africa and Brazil are thought to be more resistant to existing vaccines. Both variants have been detected in the United States but comprise only a small fraction of US  cases so far, according to federal data last updated in April. Moderna' s study is looking at levels of antibodies in participants' blood that combat COVID-19, an early indication that they will be protected against the virus. It first announced it was studying ways to protect against the variants of COVID-19 in February. Moderna expects to share additional data soon on another potential booster shot that mixes its existing COVID-19 vaccine with the newly developed shot. The US  government scientists at the National Institute of Allergy and Infectious Diseases (NIAID) is conducting a separate early stage study of mRNA-1273.351, Moderna said.  |
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tonyja
Elite |
06-May-2021 09:21
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Supermax: Rubber glove spot prices on downtrend, fall 15% to 25% /  May 05, 2021 19:20 pm +08 Supermax: Rubber glove spot prices on downtrend, fall 15% to 25% KUALA LUMPUR (May 5): As more new capacities are available in the market, rubber glove prices have started falling, said Supermax Corp Bhd. " The glove prices have since dropped by between 15% and 25%. Currently, the spot market prices are lower than the contracted prices," said the rubber glove maker in its quarterly results' announcement. The group, which posted a net profit of RM1 billion for the third quarter ended March 31, 2021 (3QFY21), said it anticipates the competition to intensify going forward. There have been more new glove players jumping on the bandwagon in view of the surge in demand. In addition, the current players are increasing capacities in a large scale, especially players who are public-listed companies based in China, Malaysia and Thailand, Supermax commented. " We are confident that our sound business model and well-established distribution networks built up since 1989 have prepared us well for all challenges ahead," it said. On prospects, the group said the demand for gloves as personal protective equipment remains strong as the world continues to fight the Covid-19 pandemic. While it is widely expected that the roll-out of Covid-19 vaccines will cause glove demand and consumption to moderate, the company believes that the drop will likely be gradual due to the structural changes in consumption, such as new consumption, new customers and greatly heightened healthcare and hygiene awareness. Supermax announced a quarterly net profit of RM1 billion for 3QFY21, 5.2% lower compared with RM1.06 billion recorded in 2QFY21. Its quarter revenue fell 3% to RM1.94 billion in 3QFY21 compared with RM2 billion in 2QFY21. Supermax commented its earnings would have been even better if not for the temporary shutdown of its Meru plants for sanitisation following detection of positive Covid-19 cases among the foreign workers. According to Supermax, the group currently exports 58% of production under its own brands via its own distribution centres and 40% through independent distributors the remaining 2% is for original equipment manufacturer (OEM) production. " Due to the current robust demand, we are taking the opportunity to build new relationships with new customers and distributors in anticipation that they will continue with repeat orders post pandemic," it said. |
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Investor8
Master |
06-May-2021 09:01
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I guess parties aligned to them (not revealed as SSHs and probably hidden in the bank nominees accounts) collectively hold more than 50%.  That' s why they are not worried about hostile takeover.  If not, this would have happened already.  Could have easily been taken over by Top Glove or any of the other glove manufacturers to become a vertically integrated medical PPE conglomerate.  Cheers and huat to all!!! 
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lailai
Elite |
06-May-2021 08:34
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Yeah, kongsi does not seem proactive to defend share price, nor update shareholders unless being prompted, esp by Greg. Got buyback mandate, but only activate once only. That' s y many loyalists hv given up this counter, even got good div, and leave it to the LH to RH kakias to lure and trap the contras. Even sgx like no hew the management. Application for mainboard transfer like being chuck into waste paper basket. What a joke, applied since last Nov, about half a year. Is the regulator sleeping, or should some BusinessTime reporter write about it in their papers for the public to laff the joke, and wake up the regulator? Anyway for those interested to hv a share of the 5.6c div for 2H, just to take note that only 4 days left b4 XD. ![]()
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