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Medtecs Intl
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The next journey
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Blue_Dragon
Member |
01-Mar-2021 21:10
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Yes exactly what I mean. Once contra contracts cleared, share price will move up. If you buy based on good results, nothing to fear. Just be patient.
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kiattttt
Veteran |
01-Mar-2021 20:35
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Then if tmr still red means downtrend?
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guards80
Supreme |
01-Mar-2021 20:01
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Mostly those bought last week. Today tank all contra weak holder flushout. If tmr close green should start uptrend
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gregtan123
Supreme |
01-Mar-2021 19:26
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Not much short sell today   $ Medtecs Intl 526,200 SGD 577070 |
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newbieliu
Elite |
01-Mar-2021 19:18
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yes agreed. if Wednesday briefing can give good insight of the future prospect of the diversified business. the price may bound back else going to Holland... still vested man sad
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bishan22
Supreme |
01-Mar-2021 19:14
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Ugly drop today... many jump ship.... | ||||
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nqing87
Supreme |
01-Mar-2021 19:10
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Share buyback don't work.. top glove bought RM 1.2bil worth of shares and it still got hammered.. all boils down to what investors expect for the results.. there is basically a worry that earnings had peaked since it did not manage to grow revenue.. if it can demonstrate that it can sustain this earnings even if earnings peak, then share price would eventually go up cos there aren't that many counters trading at such low p/e
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newbieliu
Elite |
01-Mar-2021 18:58
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LOL thanks for the assurance
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hongyuan
Senior |
01-Mar-2021 18:57
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Company should not release result just half hour before market open. While many people on the way to work dont know what is happening, shortseller just triggered sell down 2 pips only, many see price droping 109, 108 , 107 they just follow selling which caused free fall this morning toward 1.01 and diffucult to recover back even result is very good. | ||||
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ec0101
Veteran |
01-Mar-2021 18:54
Yells: "Do what you have to do." |
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Only a mere 2.4% short out of today' s 21,112,800 traded shares. Guess the price drop could be attributed to heavy selling by contras looking for a quick buck and also long term holders who have decided that its enough of waiting. |
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hokpin
Supreme |
01-Mar-2021 18:46
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Is there still any hope in this counter? | ||||
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AhTan888
Senior |
01-Mar-2021 18:39
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I m very sure it's either him or the owner pressing down the price. With this type of results and the share buyback program in place. Who dare to short the counter unless he or she can stop the company from buying back the shares to defend the share price.
Looking at the volume traded, how much can they make. With the results, I m sure they can make more pushing the price north. Keep squeezing the retailers this way will only make people frustrated and less participation.
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jacky80
Senior |
01-Mar-2021 18:24
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You mean contra ? They thought today can make tons of money but BB didn?t make their wish come true ?
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Blue_Dragon
Member |
01-Mar-2021 18:10
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I am seeing tons of force sell going on today. It's a dumping ground. LoL
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Starship
Supreme |
01-Mar-2021 18:09
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![]()
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ahberngh
Elite |
01-Mar-2021 17:56
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At current prices, won' t be surprised if management with funding from some vulture fund, initiate a low ball takeover offer at, say, between 1.10-1.20 .This type of action seems to be the current trend in SGX. |
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ETLee8
Master |
01-Mar-2021 17:37
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Not short sellers lah.  A weak BBs get out likely
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hokpin
Supreme |
01-Mar-2021 17:30
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Closed at Intraday lowest point.   
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halleluyah
Supreme |
01-Mar-2021 17:26
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may be he himself is selling too.....
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jacky80
Senior |
01-Mar-2021 17:26
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Today shortsellers must be laughing all the way , Announced Results and still kanna whack like punching bags. Those massive selling already no confidence in MT .. Mainboard and share buyback is the only way to boost investor confidence..
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