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Latest Forum Topics / Medtecs Intl    Last:0.122    -0.001  Post Reply
The next journey
Hellvish
Senior
27-Apr-2021 22:26     
 
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 Alert Admin 		Excited to see how the market will react tomorrow and the day after 😁
Hoepfully the Management will be more proactive in updating the shareholders on the current plan and what to expect 
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gregtan123
Supreme
27-Apr-2021 21:56     
 
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 Alert Admin 		please do. is it a Physical Meeting? Q1 results is KEY.

ETLee8      ( Date: 27-Apr-2021 21:53) Posted:

The response is not much different from previous webinar.  Of course has to be better than q1 fy2020, that is no brainer.
Do not waste this opportunity.  Grilled them on their share holdings ???  This will certainly reveal how the future share prices will move..
If Medtecs is confident its business will grow exponentially, certainly they will accumulate and increase their share holdings substantially.
If not, we can bid goodbye to Medtecs.


 

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gregtan123
Supreme
27-Apr-2021 21:55     
 
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 Alert Admin 		SGX bro. but that statement is lame. last year q1 revenue and profit was shit

Elf2000      ( Date: 27-Apr-2021 21:49) Posted:

Key words "The Group revenue in the first quarter of FY2021 *increased compared with the same period in 2020.*" wonder where did you get the breaking news? Thinking to hoot this counter but need to cut loss on my other counter which is still in the red😔

gregtan123      ( Date: 27-Apr-2021 20:33) Posted:

ALL IN PART 3

The Company&rsquo s strategy is to secure recurring orders of large volume from our customers, both existing and newly-acquired, so as to create long-term steady revenue streams as the foundation for our continued growth. Our goal is to enter such long-term supply contracts with at least two of the three largest group purchasing organizations in the North American region this year.

READ, the Question was:  In terms of total sales volume, is 2021 sales expected to decrease from the high base of 2020 by ~20%? 

ANSWER:  2020 was an exceptional year. It will be challenging for the Group to exceed our performance in FY2020. However, judging by the World Health Organization&rsquo s statistics of the COVID-19 situation, the Company is of the view that global demand for PPE will remain elevated for the foreseeable future, and the level of awareness for healthcare products will remain high. The Group&rsquo s revenue in the first quarter of FY2021 increased compared with the same period in 2020. The Group will continue to work towards becoming a leading PPE stockpiling services provider and Asia&rsquo s first multinational group procurement platform with one-stop shop capability to generate long-term revenue and growth.

THEY NEVER YES, i.e 81%-100% so maybe match last year? WOW
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ETLee8
Master
27-Apr-2021 21:53     
 
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 Alert Admin 		The response is not much different from previous webinar.  Of course has to be better than q1 fy2020, that is no brainer.
Do not waste this opportunity.  Grilled them on their share holdings ???  This will certainly reveal how the future share prices will move..
If Medtecs is confident its business will grow exponentially, certainly they will accumulate and increase their share holdings substantially.
If not, we can bid goodbye to Medtecs.


 
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Elf2000
Elite
27-Apr-2021 21:49     
 
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 Alert Admin 		Key words "The Group revenue in the first quarter of FY2021 *increased compared with the same period in 2020.*" wonder where did you get the breaking news? Thinking to hoot this counter but need to cut loss on my other counter which is still in the red😔

gregtan123      ( Date: 27-Apr-2021 20:33) Posted:

ALL IN PART 3

The Company&rsquo s strategy is to secure recurring orders of large volume from our customers, both existing and newly-acquired, so as to create long-term steady revenue streams as the foundation for our continued growth. Our goal is to enter such long-term supply contracts with at least two of the three largest group purchasing organizations in the North American region this year.

READ, the Question was:  In terms of total sales volume, is 2021 sales expected to decrease from the high base of 2020 by ~20%? 

ANSWER:  2020 was an exceptional year. It will be challenging for the Group to exceed our performance in FY2020. However, judging by the World Health Organization&rsquo s statistics of the COVID-19 situation, the Company is of the view that global demand for PPE will remain elevated for the foreseeable future, and the level of awareness for healthcare products will remain high. The Group&rsquo s revenue in the first quarter of FY2021 increased compared with the same period in 2020. The Group will continue to work towards becoming a leading PPE stockpiling services provider and Asia&rsquo s first multinational group procurement platform with one-stop shop capability to generate long-term revenue and growth.

THEY NEVER YES, i.e 81%-100% so maybe match last year? WOW
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Gnoixed
Member
27-Apr-2021 21:23     
 
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 Alert Admin 		You all in, at least got PART 100+ or more.  laugh

gregtan123      ( Date: 27-Apr-2021 20:33) Posted:

ALL IN PART 3

The Company&rsquo s strategy is to secure recurring orders of large volume from our customers, both existing and newly-acquired, so as to create long-term steady revenue streams as the foundation for our continued growth. Our goal is to enter such long-term supply contracts with at least two of the three largest group purchasing organizations in the North American region this year.

READ, the Question was:  In terms of total sales volume, is 2021 sales expected to decrease from the high base of 2020 by ~20%? 

ANSWER:  2020 was an exceptional year. It will be challenging for the Group to exceed our performance in FY2020. However, judging by the World Health Organization&rsquo s statistics of the COVID-19 situation, the Company is of the view that global demand for PPE will remain elevated for the foreseeable future, and the level of awareness for healthcare products will remain high. The Group&rsquo s revenue in the first quarter of FY2021 increased compared with the same period in 2020. The Group will continue to work towards becoming a leading PPE stockpiling services provider and Asia&rsquo s first multinational group procurement platform with one-stop shop capability to generate long-term revenue and growth.

THEY NEVER YES, i.e 81%-100% so maybe match last year? WOW
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gregtan123
Supreme
27-Apr-2021 20:53     
 
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 Alert Admin 		Bro and the rest of the forum, I cannot attend tomorrow AGM. Can u all just ask 1 Question 4 Greg. Let' s just focus on Q1 Numhers, Revenue and Profit. They cannot tell us more than Q1 last year. Q1 last year is BS. Compared to Q4 last year how? Got at least 100 million???? 

Longtermer      ( Date: 27-Apr-2021 15:56) Posted:


Unfortunately .. this whole pandemic will drag longer than expected.. More cases are expected as economy cannot be shut for too long and ppl are tired of lockdown.. Sad truth.
----------------

Covid-19: India Continues Shattering Virus Records as World Pledges Aid

Last Updated.. April 27, 2021


The Biden administration plans to send AstraZeneca vaccine doses to other nations after a safety review. Vaccinated tourists from the United States can visit Europe this summer.

As a second wave of the pandemic rages in India, which set a global record for new cases for the fifth consecutive day on Monday, countries around the world are trying to help. But their efforts to send oxygen and other critical aid are unlikely to plug enough holes in India&rsquo s sinking health care system to end its deadly catastrophe.

The Indian health ministry reported almost 353,000 new cases and 2,812 deaths on Monday.
Enormous funeral pyres have spilled into parking lots and city parks. Experts say that India&rsquo s reported overall toll of more than 195,000 deaths could be a vast undercount.

The emergency in India, where a worrying virus variant is spreading rapidly, has global implications for potential infections worldwide, as well as for countries relying on India for the AstraZeneca vaccine, millions of doses of which are manufactured there.

&ldquo It&rsquo s a desperate situation out there,&rdquo said Ramanan Laxminarayan, the founder and director of the Center for Disease Dynamics, Economics & Policy, adding that donations will be welcome, but may make only a &ldquo dent on the problem.&rdquo

Scientists fear that part of the problem is the emergence of a virus variant known as the &ldquo double mutant,&rdquo B.1.617, because it contains genetic mutations found in two other difficult-to-control versions of the coronavirus. One of the mutations is present in the highly contagious variant that ripped through California earlier this year. The other mutation is similar to one found in the variant dominant in South Africa and is believed to make the virus more resistant to vaccines.

Read more here..
https://www.nytimes.com/live/2021/04/26/world/covid-vaccine-coronavirus-cases
 

boyboy61      ( Date: 27-Apr-2021 15:42) Posted:

Take note that this will not drag too long.
Like I mentioned yesterday be nimble dun be the last one carrying this bab
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gregtan123
Supreme
27-Apr-2021 20:46     
 
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 Alert Admin 		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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gregtan123
Supreme
27-Apr-2021 20:33     
 
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 Alert Admin 		ALL IN PART 3

The Company&rsquo s strategy is to secure recurring orders of large volume from our customers, both existing and newly-acquired, so as to create long-term steady revenue streams as the foundation for our continued growth. Our goal is to enter such long-term supply contracts with at least two of the three largest group purchasing organizations in the North American region this year.

READ, the Question was:  In terms of total sales volume, is 2021 sales expected to decrease from the high base of 2020 by ~20%? 

ANSWER:  2020 was an exceptional year. It will be challenging for the Group to exceed our performance in FY2020. However, judging by the World Health Organization&rsquo s statistics of the COVID-19 situation, the Company is of the view that global demand for PPE will remain elevated for the foreseeable future, and the level of awareness for healthcare products will remain high. The Group&rsquo s revenue in the first quarter of FY2021 increased compared with the same period in 2020. The Group will continue to work towards becoming a leading PPE stockpiling services provider and Asia&rsquo s first multinational group procurement platform with one-stop shop capability to generate long-term revenue and growth.

THEY NEVER YES, i.e 81%-100% so maybe match last year? WOW
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gregtan123
Supreme
27-Apr-2021 20:19     
 
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 Alert Admin 		ALL IN PART 2

The general view was that the pandemic would soon be under control, or eradicated, when the vaccines started to become available to the general public in the fourth quarter last year. As a result, our clients became more conservative in the orders they placed during that quarter. However, with the surge of COVID-19 variants and new waves of infections in many parts of the world, the market has become less optimistic and the Company has observed a trend of clients placing higher-volume orders to rebuild their inventory level. Some countries have started to amass their first national stockpile of PPE and the Group will continue to pursue these opportunities for collaboration and service partnerships!

Looking ahead, the Board expects demand for PPE to remain elevated even as vaccinations gain pace due to the enhanced safety and hygiene practices at hospitals and public areas, change in consumer behavior and with governments and medical institutions building their own stockpiles of PPE and other medical consumables

Partnership with key raw material suppliers and industry players: We are in talks with key industry players to develop new product lines and broaden our PPE product range to include items such as gloves, syringes, rapid test kids, and medical devices such as ventilators and nebulizers to secure long-term supply contracts with major group purchasing organizations worldwide.  GLOVES???

 
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gregtan123
Supreme
27-Apr-2021 20:15     
 
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 Alert Admin 		ALL IN PART 1

The Group aspires to be the go-to personal protective equipment (PPE) total-solution provider and the PPE stockpiling partner for nations and global group purchasing organizations alike. Thanks to the Group&rsquo s unique position of being the biggest PPE provider in the Philippines as well as a founding member of the Confederation of Philippine Manufacturers of PPE, the Company&rsquo s subsidiary has won multiple local tenders amounting to US$10 million since the start of 2021. The Group has also acquired a PPE supply contract with the Philippine central government and PPE contracts with a number of local government unit (LGU) , amounting to a total value of US$10 million. The Group is also exploring opportunities to be a vendor of protective uniforms for the Philippine central government&rsquo s employees and civil servants and is concurrently applying for the relevant import and distribution permits for medical devices so that it may continue to serve the needs of the Philippine market. 

In April 2021, the Group entered into a number of agreements with the Ministry of Health of Cambodia to supply N95 respirators, isolation gowns, shoe covers, and coveralls. The Group will continue to leverage its strength as the biggest PPE manufacturer and supplier in Cambodia to secure more long-term supply contracts with government agencies, 3 and to position itself as the Cambodian government&rsquo s national stockpiling partner. 
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gregtan123
Supreme
27-Apr-2021 20:11     
 
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 Alert Admin 		ALL IN GO READ MEDTECS BREAKING NEWS
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SgYuan
Supreme
27-Apr-2021 20:04     
 
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 Alert Admin 		w3 hit 115
now on w4 108
day 200ma 109
this must hold then w5 come

 
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the3nomads
Supreme
27-Apr-2021 16:25     
 
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 Alert Admin 		Maybe tomorrow below 10X liao...can lelong top up and get ready lor 👍 👌 🉑 👌 👍
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lailai
Elite
27-Apr-2021 16:16     
 
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 Alert Admin 		Don quite understand the Eliot Wave that master yuan draws.
But just wondering did w3 peak at 115 ytd and tdy, and then reversing to w4 at 110 tdy.
If 110 is w4 bottom, there is hope that next few days will see another upward reversal to w5, meaning hitting 116 and the beyond, who knows to 126???  wink
Maybe Yuan if he not to busy can give us his forcast, lah.laugh

SgYuan      ( Date: 23-Apr-2021 20:06) Posted:

w3 112 my mistake 
to climb the fib levels
watch 1h conversion hold
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ETLee8
Master
27-Apr-2021 16:03     
 
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 Alert Admin 		Like I said, we hv the Chng Kay, The BBs, The Trading boys, The Retail Investors.
Tomo, very important is to grill Yang (Chng Kay) about his share holdings ?????
 
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gregtan123
Supreme
27-Apr-2021 15:57     
 
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 Alert Admin

1 community case among 12 new COVID-19 infections in Singapore

https://www.channelnewsasia.com/news/singapore/covid-19-new-cases-april-27-imported-community-dormitory-moh-14701980
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Longtermer
Elite
27-Apr-2021 15:56     
 
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Yells: "A disciplined investor is a wealthy investor"
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 Alert Admin


Unfortunately .. this whole pandemic will drag longer than expected.. More cases are expected as economy cannot be shut for too long and ppl are tired of lockdown.. Sad truth.
----------------

Covid-19: India Continues Shattering Virus Records as World Pledges Aid

Last Updated.. April 27, 2021


The Biden administration plans to send AstraZeneca vaccine doses to other nations after a safety review. Vaccinated tourists from the United States can visit Europe this summer.

As a second wave of the pandemic rages in India, which set a global record for new cases for the fifth consecutive day on Monday, countries around the world are trying to help. But their efforts to send oxygen and other critical aid are unlikely to plug enough holes in India&rsquo s sinking health care system to end its deadly catastrophe.

The Indian health ministry reported almost 353,000 new cases and 2,812 deaths on Monday.
Enormous funeral pyres have spilled into parking lots and city parks. Experts say that India&rsquo s reported overall toll of more than 195,000 deaths could be a vast undercount.

The emergency in India, where a worrying virus variant is spreading rapidly, has global implications for potential infections worldwide, as well as for countries relying on India for the AstraZeneca vaccine, millions of doses of which are manufactured there.

&ldquo It&rsquo s a desperate situation out there,&rdquo said Ramanan Laxminarayan, the founder and director of the Center for Disease Dynamics, Economics & Policy, adding that donations will be welcome, but may make only a &ldquo dent on the problem.&rdquo

Scientists fear that part of the problem is the emergence of a virus variant known as the &ldquo double mutant,&rdquo B.1.617, because it contains genetic mutations found in two other difficult-to-control versions of the coronavirus. One of the mutations is present in the highly contagious variant that ripped through California earlier this year. The other mutation is similar to one found in the variant dominant in South Africa and is believed to make the virus more resistant to vaccines.

Read more here..
https://www.nytimes.com/live/2021/04/26/world/covid-vaccine-coronavirus-cases
 

boyboy61      ( Date: 27-Apr-2021 15:42) Posted:

Take note that this will not drag too long.
Like I mentioned yesterday be nimble dun be the last one carrying this baby

gregtan123      ( Date: 27-Apr-2021 12:53) Posted:

INDIA sees DROP In Cases BUT BUT

India records more than 300,000 new COVID-19 cases for 6th consecutive day



India' s new COVID-19 cases stayed above 300,000 for a sixth consecutive day on Tuesday (Apr 27), while its armed forces pledged urgent medical aid to help battle the staggering spike in infections.

Over the past 24 hours, India recorded 323,144 new cases, below Monday' s worldwide peak of 352,991, with overrun hospitals continuing to turn away patients due to a shortage of beds and oxygen supplies.
 

It reported 2,771 new deaths, but health experts believe the tally runs significantly higher.

" Please note that a huge fall in daily cases ... is largely due to a heavy fall in testing. This should not be taken as an indication of falling cases, rather a matter of missing out on too many positive cases!" Rijo M John, a professor and health economist at the Indian Institute of Management in the southern state of Kerala, said in a post on Twitter.

https://www.channelnewsasia.com/news/asia/covid-19-india-more-than-300-000-new-cases-6th-consecutive-day-14703050


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gregtan123
Supreme
27-Apr-2021 15:52     
 
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 Alert Admin 		if u trading yes. if not, for those long term longists, no reason to sell. Like I said i prefer to base my decision on rational factors. Wait for Q1 Update, see EPS n Decide. 

For now, wait for short term news. Also India Short Term is NOT going to get any better. Only going to get Worse, same for most countries. At least 1-2 weeks so we do have some tailwinds to support the Sails of Medical. But again Sentiment Driven, See SG Cases also.

boyboy61      ( Date: 27-Apr-2021 15:42) Posted:

Take note that this will not drag too long.
Like I mentioned yesterday be nimble dun be the last one carrying this baby

gregtan123      ( Date: 27-Apr-2021 12:53) Posted:

INDIA sees DROP In Cases BUT BUT

India records more than 300,000 new COVID-19 cases for 6th consecutive day



India' s new COVID-19 cases stayed above 300,000 for a sixth consecutive day on Tuesday (Apr 27), while its armed forces pledged urgent medical aid to help battle the staggering spike in infections.

Over the past 24 hours, India recorded 323,144 new cases, below Monday' s worldwide peak of 352,991, with overrun hospitals continuing to turn away patients due to a shortage of beds and oxygen supplies.
 

It reported 2,771 new deaths, but health experts believe the tally runs significantly higher.

" Please note that a huge fall in daily cases ... is largely due to a heavy fall in testing. This should not be taken as an indication of falling cases, rather a matter of missing out on too many positive cases!" Rijo M John, a professor and health economist at the Indian Institute of Management in the southern state of Kerala, said in a post on Twitter.

https://www.channelnewsasia.com/news/asia/covid-19-india-more-than-300-000-new-cases-6th-consecutive-day-14703050


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boyboy61
Supreme
27-Apr-2021 15:42     
 
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 Alert Admin 		Take note that this will not drag too long.
Like I mentioned yesterday be nimble dun be the last one carrying this baby

gregtan123      ( Date: 27-Apr-2021 12:53) Posted:

INDIA sees DROP In Cases BUT BUT

India records more than 300,000 new COVID-19 cases for 6th consecutive day



India' s new COVID-19 cases stayed above 300,000 for a sixth consecutive day on Tuesday (Apr 27), while its armed forces pledged urgent medical aid to help battle the staggering spike in infections.

Over the past 24 hours, India recorded 323,144 new cases, below Monday' s worldwide peak of 352,991, with overrun hospitals continuing to turn away patients due to a shortage of beds and oxygen supplies.
 

It reported 2,771 new deaths, but health experts believe the tally runs significantly higher.

" Please note that a huge fall in daily cases ... is largely due to a heavy fall in testing. This should not be taken as an indication of falling cases, rather a matter of missing out on too many positive cases!" Rijo M John, a professor and health economist at the Indian Institute of Management in the southern state of Kerala, said in a post on Twitter.

https://www.channelnewsasia.com/news/asia/covid-19-india-more-than-300-000-new-cases-6th-consecutive-day-14703050

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