Latest Forum Topics /
Medtecs Intl
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Adventus Holdings Ltd
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3jhuat
Member |
18-Jun-2021 17:19
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Thank you Eagle for the fine and fair write out.
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FreeEagle
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18-Jun-2021 16:11
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My bad... press " Post" prematurely. For mid-term to long-term investors in 546, some facts we already know & hopefully REMEMBER to screen out the coffee-shop noise. Day traders, contra traders and shortist opportunists do not have to read. 1) CEO bought his own company shares out of his own pocket.  That' s a statement of intent by itself. 2) Based on established report (circulated recently), PPE demand will be growing for next 3 years and that is simply because hospitals need replenishments (whether or not Covid has been defeated) & many nations will be looking at PPE stockpiles in order not to be caught off guard by another medical emergencies.  Just have a look at the global death toll and how the healthcare systems in some countries are breaking down.  Look at how much negative impact on the production labor of many countries resulted from lack of preparedness.  PPEs are here to stay. Period.    3) Yes, profit margins are lesser in general if we compare them with 2020 period at the start of the pandemic when there was a mad rush for PPEs. But it also mean smaller players are going to exit the market (there are already confirmed news on this) because they do NOT have the economies of scale to be cost effective to compete with the market leaders like MT. 4) MT is increasing its manufacturing footprint for PPEs (this is a fact) to cater to the growing market. It is at the same time venturing into related product lines (still at infancy stage) for longer-term sustainability.  Besides increasing its manufacturing, its marketing channels are now well established (check out Alibaba for example), along with a very robust supply chain to deliver their products efficiently.
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FreeEagle
Member |
18-Jun-2021 15:36
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Without mentioning names, this forum is filled with price predictions from fortune-tellers, one insane bi-polar guy/gal whom everyone knows. So much coffee-shop uncle/auntie talks & fights. Skip this forum for a while but drop by once in a while and it is still same-old same-old.  I miss the past postings where there were facts  and credible inferences shared. For mid-term to long-term investors, below are few nuggets of facts everyone already know but hopefully REMEMBER to screen out the coffeeshop noise. 1),  |
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Hawker80
Senior |
18-Jun-2021 14:12
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This is not the way to give your assessments.  Medtecs will drift down to 30 cents... Medtecs biggiest source of income is from Masks..  Medtecs rejected dividend policy.. Medtecs did not apply for mainboard.. THESE ARE ALL FROM YOUR BULLSHIT MOUTH? COMMON, WHAT ASSESSMENT YOU HAVE?  
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lailai
Elite |
18-Jun-2021 14:04
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Remembered this ET was a strong supporter for MT to maintain uptrend, many months ago, as attached. Used to enjoy reading his posts, thought he posted a lot of sense. Also remembered his name ET reminded of the ever popular movies, " close encounters of the third kind' and ET, or something like that, in the 80' s. Wondered what went wrong, now read from others he posted lots of non-sense. Maybe the pandemic has a toll on him, maybe he shd stay away from the forum and the screen for a while. Just opinion, no ill intention intended. ![]()
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ETLee8
Master |
18-Jun-2021 13:45
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Bro Hawker80, This is my assessments.  Not necessary that it is cast in stone.  It is a possibility, particularly to a stock that drops from $1.94 to 90cts during the Peak of Covid. DYODD
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Hawker80
Senior |
18-Jun-2021 13:34
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Is this Answer Finite?? Looked at how you bull shit?
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Hawker80
Senior |
18-Jun-2021 13:32
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So thats explained why you estimated 30 cents share price, based on the fact that YOU think EPS for this year will be 12 cents. And Noted your 40 years Experience assuming Consistent Earning for the rest of 3 Quartes.  A side note to you... IF you think the ANSWER is not finite... Dont talk like the price WILL flush down to 30 cents for sure. Looked back your previous Bull Shit Post... I disagree with you... and lets see your 40 years Experience on the earning in 2Q2021 will be 3 cents sgd. 
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ETLee8
Master |
18-Jun-2021 13:12
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Thanks Due-Dilligence. Hawker80, Share prices is not calculated like mathematics and statistics where the answer is finite. Just some simple hypothesis below: Lasy year' s Medtecs EPS was 32 cts.  Hence its PE is about 3.  Although there is no peers to compare,  many were expecting last year that it should traded at a PE of 10, which should translate to about $3.30.  But it did not happened. Q12021 profit was USD13.21 mil.  This is a about EPS of USD 2.4 cts or about 3 cts sing.  Assuming a consistent earnings for the rest of the 3 quarters, the annual EPS would be about 12 cts.  Based on your PE of 3, the share price by end of year is 36 cts. Why is 30 cts not possible ??  Why it never hit $3.30 last year ??, Why was it traded at ONLY 3 cts pre-pandemic  ?? Bro, everything is possible, it is man-made.
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ec0101
Veteran |
18-Jun-2021 11:55
Yells: "Do what you have to do." |
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Congratulations on your big fat profit. Some  good points here although there is always forward P/E not just historical P/E. For projections, although I have to admit at this current moment nobody can really project. however, there have been some reports projection on the demand and ASP landscape for PPEs which are deemed to be projected to continue to increase until 2026. Sorry, I cannot for the life of me remember where is that report but if anyone is interested, can look up this same forum thread as one of the bros posted it before. I also beg to differ on the low barrier of entry to this market, as this has been explained time and time again, there are certifications and PPE standards to meet. Any tom dick and harry can always set up a mask production line, but as for PPE, that is a whole different matter on creating a whole production process pipeline that ensures the quality of PPE meeting those medical standards. 1 thing I would agree however is that the price has no correlation to the P/E anymore and normal retail investors who have been burnt badly during the chase to $2, have all been played out and will probably not touch this counter anymore on the assumption this counter just reeks of manipulation. Even many of the hardcore supporters for this counter have long gone and sold out their major holdings despite holding for a very long time despite the drop from $1.9X all the way down to its current level.
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Hawker80
Senior |
18-Jun-2021 11:48
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1. You have seen PE 1, does not mean it must happen..... its about the probability... what is the probablity that a shares will go to PE 1? one in thousand? one in ten thousand? If this is something to be very weird to happen... then I am , in my view confident enough to say MT will not go to PE1..Or in other words.... I am saying that the chances that 2Q2021 revenue beats 2Q2020 revenue is higher than MT shares will go to PE 1.  2. Please take note that I an not talking about HISTORICAL PE. I refer to DBS report... stating that this year estiamte EPS to be about 15 cents. Based on this ...I am saying that MT will not go to 30 cents... but someone say it will.... So im just asking what is the reason behind? 3. Lastly... I am also a shareholder since 50 cents... However, I do not blow water like you telling the world how much I earned from MT. This is a forum for discussion , not to tell the world how much u earned.  Anyway... for your qestion below ... i think you can refer to this news that is just release yesterday.  https://news.cnyes.com/news/id/4662522 Can the ASP keeps going up. Or will it come down. Can MT gets new customers. Take note what MT is producing, except for its medical textile washing in the Philippines, are consumables that can be replicated. It does not need high technology to produce PPEs. The only bright spot for MT, I think it is management, who attempts to build good customer relation.  
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Due_Dilligence
Veteran |
18-Jun-2021 11:23
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Take note that PE is always historical. I knew some shares that have traded below PE of 1. What drives share price is its future profits and not past profits. In that case historical PE should this be just a rough guide. Now look at MT. Can it improve on its past profits. Does MT made a claim that it will continue to give the same amount of dividends in future. Is the previous year profits just a hump and future profits will be normalised. Can the ASP keeps going up. Or will it come down. Can MT gets new customers. Take note what MT is producing, except for its medical textile washing in the Philippines, are consumables that can be replicated. It does not need high technology to produce PPEs. The only bright spot for MT, I think it is management, who attempts to build good customer relation. This begets well for the company. I was in MT when the share price was in the 20s and 30s. I was researching this company for many hours before I pulled the trigger to buy big. And I was watching my Poems app when the share price hit the high above $1.90. And mind you, I was about to pull the trigger to sell but I hesitated, thinking that the price could break $2 in the buying frenzy. In the end, I sold all my holdings at $1.48. Just dumped into the buy quote. And I scroll to see about 50 small buyers buying my share. And the price immediately tanked to $1.40 and it never recover to that level again till today. I made a few hundred thousands. And the profits I made was the best in my 30 years of trading.
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Abe2021
Veteran |
18-Jun-2021 10:03
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Someone mentioned today is witching day. As for the month is a fruitful season, I will called it Opportunity Day 😜 Together WOWW Day Quadruple witching refers to a date on which stock index futures, stock index options, stock options, and single stock futures expire simultaneously. While stock options contracts and index options expire on the third Friday of every month, all four asset classes expire simultaneously on the third Friday of March, June, September, and December.    Triple  or    quadruple witching  is often said to cause volatility in the underlying markets, and in the expiring contracts themselves, both during the week preceding, and on the expiration    day. WOWW Day is when you collect and see it quadruple. Bonjour  🤣 🤣 🤣 🤣 🤣 🤣 🤣 🤣 |
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Luzern
Supreme |
18-Jun-2021 10:02
Yells: "9" |
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- This pandemic have created a lot of capacities and new entrants, especially with low barrier industries. - Old working relationships with Suppliers and Clients (especially OEM clients) have evolved.....cause and effect, action and re-action.   |
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Abe2021
Veteran |
18-Jun-2021 09:44
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MT TW is treading well. SInce 18 May, it has maintain above the low of 20.80. Look like it is finding its footing. Patience 😃 Bonjour
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Hawker80
Senior |
17-Jun-2021 22:51
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Firstly I apologise to you , as a person who claimed traded for 45 years . So I should respect your age and experience .
Do you know , you had made a lot of false statements here and there throughout the year ? When people asked you to proof , and you ignore and change to another false statement . What I think going to happen ? To 90 cents yes ? to 80 cents yes ? to 70 cents maybe yes ? To 30 cents ? I would say no ? reason is it will touched PE 1.5 to PE 2 ? with dividend , how can a stock stand at PE 1 ? I found that you are ridiculous when making statement like this .. So now .. would you like to explain why is the share going to 30 cents please ?
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ETLee8
Master |
17-Jun-2021 22:02
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Hawker80, I know u get irritated easily.  Do not call names here pls.  We hv experienced Medtecs for 1.5 years and it is not what u think it is going to happen. I hv traded for 45 years, never encountered 1 llike that ok.  DYODD.
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ec0101
Veteran |
17-Jun-2021 17:40
Yells: "Do what you have to do." |
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Those shouting 10 cents, 30 cents, can just ignore lah. Not the first time. One moment says going to fly to $2, or got acquisition in the works next moment shout 10 cents. Just throwing fake news all over irresponsibly. Thanks for the clarification on the " shorting" part. Although I prefer to call it market movers/manipulators as harsh as it sounds. You' re also absolutely right, nothing much we can do since the regulators themselves not taking action. Furthermore historically when action is taken, it is only years later and after all the small timers already lost their money. You will never also see any backwards compensation since investments understandably come with risks and only some peanut penalties towards those found guilty of manipulation.
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Hawker80
Senior |
17-Jun-2021 17:11
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Different bro... one is ... A dog acted like a human   another is .... A human acted like a dog... @ETLee8 is the 1st case... sometimes i really dont know he is really that stupid that do not follow MT news, or just simply want to create fear. 
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Abe2021
Veteran |
17-Jun-2021 17:10
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SG is trailing behind TW. If MT TW continues to pick up momentum, we should see the price going above $1  
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