Latest Forum Topics /
Medtecs Intl
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The next journey
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boyboy61
Supreme |
09-Mar-2021 16:42
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Sudden buy up again now at 97
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SmallSmall
Supreme |
09-Mar-2021 16:41
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$0.96 cleared ! | ||||
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Investor8
Master |
09-Mar-2021 12:51
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My view is that BBs and other intra-day players will now be more wary if they plan to do aggressive shorting.  Never know when they might be caught by company buying or main shareholder buying for keeps.  On the other hand, we can also expect market volume/trade to drop if these players " disappear" .  Maybe that' s why today so " quiet" .  Cheers!!!!
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lailai
Elite |
09-Mar-2021 12:32
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What u said is so right. Becos of kongsi buyback ytd, the price shotted in the last 5 min, from 92 to 96. Think if kongsi cont again tdy, maybe in the last 5 min shoot from 95 to 100. That will be good for all, even for BBs with their big basket collecting low now while their LH to RH kakias distribute hi later. Of course investors can still hope kongsi will follow up their good div payment of 5.5c in the next 1H. That would give 11c for yearly div. Wow! No wonder, BBs, kakias, brokers collecting from those who run road cos cannot tahan their suppression from LH to RH.
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bxylqwan
Master |
09-Mar-2021 12:27
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Lol, people still continuing to delude themselves. 
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Longtermer
Elite |
09-Mar-2021 12:07
Yells: "A disciplined investor is a wealthy investor" |
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The shares buyback yesterday should offset or reduce short-term speculation and help bolster many longer term shareholders' confidence imo. The CEO is an action guy! Companies buys back their own shares when they think its shares are deeply undervalued or being manipulated. With such low PE ratio traded and high dividends announced, the buybacks also enhance the EPS and NTA per Share. The est avg 95c bought actually cost company 89.5c with the dividend 5.5c to returned. It a good deal and benefit the company and shareholders going fwd. Just my opinion and dyodd as always.  
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boyboy61
Supreme |
09-Mar-2021 11:25
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If it is done judiciously, it will benefit both the company and the shareholders
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iinvestor
Veteran |
09-Mar-2021 10:42
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What a waste of shareholders money.....should have given out more cash dividends better... | ||||
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crystalbee
Veteran |
09-Mar-2021 10:17
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So simple to make money meh. Silverlake Axis always share buyback also same price leh.
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tofudidi
Supreme |
09-Mar-2021 09:45
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Blue_Dragon
Member |
09-Mar-2021 09:43
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USD 1.9 trillion coming. Be patient! 😃
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tofudidi
Supreme |
09-Mar-2021 09:40
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too late to do share buyback imo.. already lost many interested supporters. sad | ||||
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MTHIT5
Member |
09-Mar-2021 09:39
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MT has cash 82m, net profit is   131m. Even if they buy 10% of 550m, they still can afford the s$55m (assume share price s$1). Yesterday, they  brough 3m, still  can buy back another  52m shares. That mean price will have the  support level. If there is no  big seller, the price will go up very fast. DYODD. |
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SmallSmall
Supreme |
09-Mar-2021 09:27
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Buy on weakness  at current level and sell for few ticks when they execute the share buy backs. Share buy backs just started yesterday. The first of the many to come I suppose. :) |
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boyboy61
Supreme |
09-Mar-2021 09:05
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Average price of 0.95
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gregtan123
Supreme |
09-Mar-2021 08:23
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LAI LIAO Medtecs BUY BACK: 3,000,000 or 3 Million Shares from 0.925 to 0.96!!!! | ||||
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gregtan123
Supreme |
08-Mar-2021 21:58
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Quarter 1 end is 23 days away, not sure if there will be a Q1 Update but for me their Q1 revenue is Key. will determine if hold or sell.  | ||||
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ec0101
Veteran |
08-Mar-2021 20:35
Yells: "Do what you have to do." |
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I don' t think anyone can predict the profit after this/next year, but based on the reason in their change of business model is the main reason to their increase in net profit margin, you can be perfectly sure their profits will no longer look the same. If I recall their net profit margin has increased over 30+% due to the changes. Taking a conservative approach, that there is only a  20+% change and the remaining are attributed to hike in ASP, then you can more or less put out some figure. Also this year wouldn' t really have a big change in numbers unless you' re saying COVID has totally gone by now and nobody needs PPE any longer and that all those countries have already sufficiently replenished their stockpile. 
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newbieliu
Elite |
08-Mar-2021 17:44
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think caught most by surprise... not sure if it is sharebuyback? wish to have averaged a bit too lol too difficult to tell...can only long
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like2learn
Veteran |
08-Mar-2021 17:23
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low p/e likely another year or two only. https://www.businesstimes.com.sg/government-economy/most-countries-in-apac-looking-at-2022-2023-before-herd-immunity-can-be-achieved during pre-covid years, i think net profits were trending ard +- USD 1 mil. what cld be the p/e after this/next year ?
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