Latest Forum Topics /
Medtecs Intl
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The next journey
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nqing87
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02-Mar-2021 13:09
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bro, i actually had sent the questions to which i think is the host of the webinar last week.. below are my questions.. i think ur questions earlier also works fine, not sure if they had answered u already or not..   
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chiachiawee
Elite |
02-Mar-2021 13:02
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Bro greg. I only hold a small portion as compared to the initial holdings I have exited in October (posted on the same day last October). It' s little and the loss is not much so I have cleared everything. It seems the downtrend has started quite some time and the picture is clear. However, it could be a good time for the bottom scoop too. I leave it to experienced traders. Meanwhile, for CEO yang, I think the hard fact he can answer is there will be a decline in revenue as it is obvious too. Certainly, it will but the percentage is unknown.
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gregtan123
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02-Mar-2021 12:51
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Bro are you still IN? I thik market has priced in that PPE is a Sunset Industry.  Anyway I saw many questions. Can the 1st Question be: (1) Can the CEO address the Decline in Revenue for Q4 from Q3/Q2, answering directly is that an Indication that Revenue has peak and will be on a downward spiral from now on?  DECLINE REVENUE is the KEY question. 
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chiachiawee
Elite |
02-Mar-2021 12:38
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Guys, an observation from the &lsquo glove&rsquo counters. Take a start date from 1/9/2020 until the time of this post. Top Glove (SGX) 2.89 to 1.61 (44% down) Riverstone (SGX) 2.06 to 1.33 (36% down) UG Healthcare (SGX) 0.77 to 0.58 (25% down) Medtecs (SGX) 1.55 to 0.95 (39% down) Hartalega (BURSA) 16.46 to 9.40 (43% down) Supermax (BURSA) 10.69 to 4.24 (60% down) KOSSAN (BURSA) 7.90 to 3.77 (53% down) Careplus (BURSA) 3.48 to 1.59 (54% down) Rubberex (BURSA) 1.91 to 1.13  (41% down) Medtecs is not the only counter that was attacked/manipulated whatever you call it. In fact, it is one of the counters that experienced the least percentage fall in the period I mentioned. Probably due to the strong earnings that have caused it sustained in some way. It&rsquo s the overall downtrend in the industry. So my take is to ask constructive and relevant questions during the webinar, nothing much the CEO could help in this. Look at Top glove, Directors and EPF have been buying, has it spared from the downtrend? No. When the overall industry will rebound is to anybody' s guess. Meanwhile, you should decide how would you want to allocate the funds in your hand. |
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ETLee8
Master |
02-Mar-2021 12:12
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Guys, this is an opportunity if not taken wisely u hv to wait another 3-4 months.  Investing in Medtecs is extremely taxing and the impact is devastating. Again, do not waste time in asking irrelevant questions.  Be direct to the point and push for an answer.  At least u will know how to decide your next course of action. Without which your mental strength will continue to be drained till u give up.
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FrancisLim
Elite |
02-Mar-2021 11:40
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(1)  What are the company' s plan to diversify from over reliance on Covids-19 sale of PPEs as the vaccinations lead to better management of covids-19 cases. (2)  Why is the undue delay in upgrading to MainBoard listing?  What are the company doing in respect of getting the approval? (3)  Can the company commits to a dividend policy so that investors can be assurred on sharing the fruits of the company successes. (4)    Could the Company consider hiring professional IR to engage the investment community and analysts?  The only report is that done by DBS under the Research Talent Sponsorship Grant.  In addition to this sponsorship research, the Company needs to move to the coverage by the broking houses. (5) Could the Company shed more light on its subsidiary planned operations and timeline in USA besides the injection of the minimal issued capital into the newly incorporated USA subsidiary? (6)  Are there plan to capture other markets i.e. Europe, Africa, etc..
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ETLee8
Master |
02-Mar-2021 11:36
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AiYoh, Bro Nging87,  Now is not the time to ask vague questions.  Vague questions derserved vague answers. The " enenmy" is already at the door-step, we need hard, quick actions.  If no action it will be overrun. If u ask any investors what is the most important, the answer is the share price.  Therefore we should narrow down the questions n be specific. What is Medtecs defence strategy in maintaining shareholders value?    1. What if the market cap of the company shot  dn fm $550m to say $200m, what is the imapct to the company ?, will Yang resign ? Bank support ? 2.  Yang' s shareholding is only 7%, do he intend to increase his holdings ?  What if a group of major investors band together, will this be a threat ?  ............ so on  
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gregtan123
Supreme |
02-Mar-2021 11:17
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Bro can u type 3 relevant questions u would like to ask here so other forummers can ask?
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nqing87
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02-Mar-2021 11:09
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there are investors who wanted to ask hard questions, but the share price question has stolen all the limelight and opportunity to ask about other more important questions that are within management' s ability to control and answer
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FrancisLim
Elite |
02-Mar-2021 10:59
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I believe that the investors that questioned the dividend policy in the last meeting, has caused the company to give a decent dividend this time. Therefore, we have to thank those investors for asking hard questions.  Not those who continually gave excuses for the inept management as shown by the delay in upgrade to mainboard and also in terms of its plans etc.
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ec0101
Veteran |
02-Mar-2021 10:55
Yells: "Do what you have to do." |
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My only thoughts about this whole matter are that this is all due to the counter being in the spotlight. With the counter being so high profile, there is a lot of room for manipulators to play around and profit at the expense of small investors/retailers. Honestly speaking, our regulators at SGX are seriously sleeping on the job and yet still go around tooting their own horn about being a world-class exchange.
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nqing87
Supreme |
02-Mar-2021 10:45
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it is actually the investors who dunno how to ask questions.. back then at the webinar, ppl are asking about share buybacks, dividends and depressing share price issues.. those are not the important questions to ask but we got flooded by those.. for dividends, they kind of give a decent action by declaring something decent which investors had expect to be insignificant since they mention they are not committing a dividend policy (which means they could very well give none if they want to).. for the capital expenditures, i remember replying to your post and mentioned that the management had mentioned the capital expenditure in 2020 would be about same as 2019 (in fact there is a page that shows the capital expenditure in the presentation slides that can be accessed in sgx).. if u look at the full year 2020 results, at page 7, there is about 6.6mil spent for " property, plant, equipment" .. i dont think it is fair to make them commit a figure on capital expenditure, cos it really depends on the demand dynamics which is very fluid.. u do not want to excessively commit a capital expenditure only to be made redundant later on.. they do need to at least mention something about their US set-up, since this is something that kind of hypes up investors, but to be frank, US market was not their main contributor of revenue.. in order to commit certain level of commitment on capital expenditures, they basically need to secure long term stockpiling contract with governments, so that those will be recurring revenue and they can increase the production capacity on the long term basis, and sustain their profits in long run.. so basically to sum up, what investors are worry about is whether they can sustain this earnings few years down the road.. if they can secure some long term contracts, that will help allay the fears
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ec0101
Veteran |
02-Mar-2021 10:45
Yells: "Do what you have to do." |
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https://maybank.zoom.us/webinar/register/4216141631406/WN_jx_tnmdeTnm8R7bZTs2yEg Webinar hosted by Maybank KimEng 
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boyboy61
Supreme |
02-Mar-2021 10:40
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TG -0.05 -2.96% UG -0.029 -4.72% MT -0.045 -4.5% Still stuck....no repreive
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Abe2021
Veteran |
02-Mar-2021 10:40
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What Webinar ? Cannot find on their website
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lailai
Elite |
02-Mar-2021 10:31
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U may be able to hold, but many can' t. Contras who bought recently, and long term holders who bought when it was in the highs of 1.50 -1.90, think majority giving up. Worst would likely be the margin players who leverage on multiples, thru brokers, banks, etc etc. Can sense from the forum, many strong hangers are losing their grips, selling at huge losses, some saying they will leave SGX for good to other markets. All kena. MT was dumped from 198 on 19/8 to current 90+ with less than a PE3 and an annual div of 6.7c(?) While in ABL days, they were pumped to unimaginable levels with nil PE and no div., resulting in CAD, MAS, and SGX after the manipulators. Some broking houses were raided. Wonder why nothing done by SGX, not even a query?  At least in ABL they did something, some were brought to court, but nothing here in MT. ![]() Some think the fault lies in Management giving vague responses, but personally whatever vague response is very minor lah as compared to the ridiculous decline with a pe of less than 3, and a div yld of 7%(?). 
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FrancisLim
Elite |
02-Mar-2021 10:19
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Agree. Dont let managment give vauge responses like in the past. Top Glove a share under short attack, but at least you witnessed the directors and the company repeatedly buy back share.  At least, their interests and shareholders are aligned. Seriously, no clarity on its capital expenditures and investments.. need more details.  The US subsidiary just incorporated and injected capital, some of our contributors her think that the factory is up and running. Need a timeline ...  
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Abe2021
Veteran |
02-Mar-2021 10:18
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What webinar? What is the topic about? Can share If I buy today can attend or too late? |
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ETLee8
Master |
02-Mar-2021 10:11
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Now is the time to activate share buybacks or the CEO sh buy back as a show of support. Tomo is the webinar, I hope fellow investors will not waste the opportunityto talk C' ' K like past sessions but instead grill the management for directions. |
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Abe2021
Veteran |
02-Mar-2021 10:08
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The free float is low. May pick up some 😃   | ||||
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