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SmallSmall Supreme	31-Jan-2020 08:43        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Cash Upfront Required for Watchlist Counters SGX : 100% cash upfront for amount exceeding S$50,000 Internet trading is not allowed for Watchlist Counters gregtan123      ( Date: 31-Jan-2020 08:38) Posted: why lei? wat kind of restrictions? SmallSmall      ( Date: 31-Jan-2020 08:36) Posted: Medtecs has just been restricted by UOB Kay Hian. Just for information.
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Trader-101 Supreme	31-Jan-2020 08:42        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	Hahah UOB ah WL123456      ( Date: 31-Jan-2020 08:40) Posted: Really ? Too many shorts already hahaha. Now need to put cash to shorts . Everyday short sell 20-30 mil like nobody?s business . SmallSmall      ( Date: 31-Jan-2020 08:36) Posted: Medtecs has just been restricted by UOB Kay Hian. Just for information.
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WL123456 Supreme	31-Jan-2020 08:40        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Really ? Too many shorts already hahaha. Now need to put cash to shorts . Everyday short sell 20-30 mil like nobody?s business . SmallSmall      ( Date: 31-Jan-2020 08:36) Posted: Medtecs has just been restricted by UOB Kay Hian. Just for information.
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gregtan123 Supreme	31-Jan-2020 08:38        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	why lei? wat kind of restrictions? SmallSmall      ( Date: 31-Jan-2020 08:36) Posted: Medtecs has just been restricted by UOB Kay Hian. Just for information.
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Battle123 Elite	31-Jan-2020 08:38        Battle123 About Contact  Quote this Post! Style: Flexible   Mood:
x 0   x 0  Alert Admin	Declar emergency already, wat u think   Wind22i      ( Date: 31-Jan-2020 07:32) Posted: WHO declares coronavirus a global health emergency Now it gets a little tricky...btw buy and short
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SmallSmall Supreme	31-Jan-2020 08:36        SmallSmall About Contact  Quote this Post!
x 0   x 0  Alert Admin	Medtecs has just been restricted by UOB Kay Hian. Just for information.
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WL123456 Supreme	31-Jan-2020 08:29        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Not just China , the rest of Asia will need to stock up now . As government , you don?t wait till you run out of stocks , then you place order . Too late and the price will rocket due to the demand . Population in Asia has since increased tremendously since 2003 so more medical supplies are required . The fact that the company almost double their profit during sars will give you. a clue to its performance now . My point is when the financial results are out , I don?t think one can get it cheap. Justice888      ( Date: 31-Jan-2020 08:21) Posted: Got it . Thks boss. I think besides Hubei other cities in china may also order from them ba. WL123456      ( Date: 31-Jan-2020 08:15) Posted: Nope , all along their strength is in textile : medical suits and gowns . Their chairman has stated this all along. It?s just that the cost of manufacture is too high in Philippines so they open in China to reduce the cost . This time round , the contagion is worse than sars and they will enjoy even more robust sales particularly with their China sales office . Back then in sars , they were doing sales with their Taiwan office . Now they have a China office and has been opening up the China market since 2018 according to chairman clement .
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gregtan123 Supreme	31-Jan-2020 08:28        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	My friend work in the industry told me last time SARs, those pharma or medical equipment like gloves, gowns. they will try to report their top profits over a few years. so these workers can max out their bonus. All of them should hit KPI liao. now double KPI report. then they push the rest of profits to the following year. Not sure if this practice is good or bad.
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Trader-101 Supreme	31-Jan-2020 08:25        Trader-101 About Contact  Quote this Post!   Mood: Yells: "Don't trust what i say, Trust your decisions. "
x 0   x 0  Alert Admin	Especially isolation gown, very important in this Wuhan virus fight WL123456      ( Date: 31-Jan-2020 08:15) Posted: Nope , all along their strength is in textile : medical suits and gowns . Their chairman has stated this all along. It?s just that the cost of manufacture is too high in Philippines so they open in China to reduce the cost . This time round , the contagion is worse than sars and they will enjoy even more robust sales particularly with their China sales office . Back then in sars , they were doing sales with their Taiwan office . Now they have a China office and has been opening up the China market since 2018 according to chairman clement . Justice888      ( Date: 31-Jan-2020 08:10) Posted: I think during sars period they are more into mask ? Please correct me if I am wrong
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Superkilat Elite	31-Jan-2020 08:22        Superkilat About Contact  Quote this Post!
x 0   x 0  Alert Admin	https://amp.scmp.com/news/hong-kong/health-environment/article/3048176/china-coronavirus-tensions-high-thousands-queue
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Justice888 Supreme	31-Jan-2020 08:21        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Got it . Thks boss. I think besides Hubei other cities in china may also order from them ba. WL123456      ( Date: 31-Jan-2020 08:15) Posted: Nope , all along their strength is in textile : medical suits and gowns . Their chairman has stated this all along. It?s just that the cost of manufacture is too high in Philippines so they open in China to reduce the cost . This time round , the contagion is worse than sars and they will enjoy even more robust sales particularly with their China sales office . Back then in sars , they were doing sales with their Taiwan office . Now they have a China office and has been opening up the China market since 2018 according to chairman clement . Justice888      ( Date: 31-Jan-2020 08:10) Posted: I think during sars period they are more into mask ? Please correct me if I am wrong
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WL123456 Supreme	31-Jan-2020 08:15        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Nope , all along their strength is in textile : medical suits and gowns . Their chairman has stated this all along. It?s just that the cost of manufacture is too high in Philippines so they open in China to reduce the cost . This time round , the contagion is worse than sars and they will enjoy even more robust sales particularly with their China sales office . Back then in sars , they were doing sales with their Taiwan office . Now they have a China office and has been opening up the China market since 2018 according to chairman clement . Justice888      ( Date: 31-Jan-2020 08:10) Posted: I think during sars period they are more into mask ? Please correct me if I am wrong WL123456      ( Date: 31-Jan-2020 08:08) Posted: Ok, here?s what some requested from me : From the business times in 2003 sars outbreak. Medtecs posts 95% jump in H1 net profit (2003-08-05) THE Sars outbreak proved to be a shot in the arm for Medtecs International Corporation in its first half year. The Sesdaq-listed company - whose principal activity is the manufacture of medical consumables - yesterday posted a 95 per cent increase in net profit to US$2.81 million for the six months ended June 30, 2003. Turnover also rose 29 per cent to US$28.5 million as sales of medical consumables in Asia received a boost from the Sars outbreak. Medtecs' half-year gross profit rose 54 per cent to US$6.7 million, and net margin also expanded to 9.9 per cent from 6.5 per cent previously. Earnings per share hit 0.93 US cent, up from the previous corresponding first half's 0.48 US cent. Shares in Medtecs ended at 30 cents each yesterday, more than double the 14.5 cents seen at the beginning of April. Analysts attributed the price jump to expectations of a performance boost from the Sars outbreak. This time round , I expect the sales to be even more robust sales as during sars , they don?t even have a manufacturing plant in China . Now they do in Hangzhou in close proximity to Wuhan .
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Justice888 Supreme	31-Jan-2020 08:10        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think during sars period they are more into mask ? Please correct me if I am wrong WL123456      ( Date: 31-Jan-2020 08:08) Posted: Ok, here?s what some requested from me : From the business times in 2003 sars outbreak. Medtecs posts 95% jump in H1 net profit (2003-08-05) THE Sars outbreak proved to be a shot in the arm for Medtecs International Corporation in its first half year. The Sesdaq-listed company - whose principal activity is the manufacture of medical consumables - yesterday posted a 95 per cent increase in net profit to US$2.81 million for the six months ended June 30, 2003. Turnover also rose 29 per cent to US$28.5 million as sales of medical consumables in Asia received a boost from the Sars outbreak. Medtecs' half-year gross profit rose 54 per cent to US$6.7 million, and net margin also expanded to 9.9 per cent from 6.5 per cent previously. Earnings per share hit 0.93 US cent, up from the previous corresponding first half's 0.48 US cent. Shares in Medtecs ended at 30 cents each yesterday, more than double the 14.5 cents seen at the beginning of April. Analysts attributed the price jump to expectations of a performance boost from the Sars outbreak. This time round , I expect the sales to be even more robust sales as during sars , they don?t even have a manufacturing plant in China . Now they do in Hangzhou in close proximity to Wuhan .
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Justice888 Supreme	31-Jan-2020 08:08        Justice888 About Contact  Quote this Post!
x 0   x 0  Alert Admin	True. gregtan123      ( Date: 31-Jan-2020 07:33) Posted: I think depends what price la. and see market reaction. Long can turn short. short can turn long.
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WL123456 Supreme	31-Jan-2020 08:08        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Ok, here?s what some requested from me : From the business times in 2003 sars outbreak. Medtecs posts 95% jump in H1 net profit (2003-08-05) THE Sars outbreak proved to be a shot in the arm for Medtecs International Corporation in its first half year. The Sesdaq-listed company - whose principal activity is the manufacture of medical consumables - yesterday posted a 95 per cent increase in net profit to US$2.81 million for the six months ended June 30, 2003. Turnover also rose 29 per cent to US$28.5 million as sales of medical consumables in Asia received a boost from the Sars outbreak. Medtecs' half-year gross profit rose 54 per cent to US$6.7 million, and net margin also expanded to 9.9 per cent from 6.5 per cent previously. Earnings per share hit 0.93 US cent, up from the previous corresponding first half's 0.48 US cent. Shares in Medtecs ended at 30 cents each yesterday, more than double the 14.5 cents seen at the beginning of April. Analysts attributed the price jump to expectations of a performance boost from the Sars outbreak. This time round , I expect the sales to be even more robust sales as during sars , they don?t even have a manufacturing plant in China . Now they do in Hangzhou in close proximity to Wuhan .
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WL123456 Supreme	31-Jan-2020 07:41        WL123456 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Heres the latest : WHO has finally announced a Global Health Emergency (GHE) on the Wuhan viral outbreak. This will our further strain on markets and will propel investors/ Traders to medical suppliers as similar to SARS , there will be a global shortage of medical supplies like gloves and PPEs as countries stock them up. Infected cases : 9871 Death toll : 220 I predicted 10000 cases by Friday . It will take place . I already state that China government has underestimated the strength of the virus. Now they are calling for urgent medical supplies and hospital equipments like PPEs manufactured by Medtecs. The sudden spike in death indicates the speed of the viral contagion has move on to the second phase . Similar to SARS , market will likely to gravitate towards healthcare stocks as a hedge .( disclaimer :past market reaction does not guarantee future performance ) Medtecs : a call to place order for PPEs on Medtecs has been met with negative response with no new orders taken , indicating they have likely ran out of stocks . During the last AGM, chairman Clement has confirmed they are growing their business division in Hangzhou. I am pretty sure sales are now robust sales in their China division .
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s100125 Elite	31-Jan-2020 07:38        s100125 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Buying interest still intact, just follow the bbs. Wind22i      ( Date: 31-Jan-2020 07:32) Posted: WHO declares coronavirus a global health emergency Now it gets a little tricky...btw buy and short
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gregtan123 Supreme	31-Jan-2020 07:33        gregtan123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I think depends what price la. and see market reaction. Long can turn short. short can turn long.
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Wind22i Supreme	31-Jan-2020 07:32        Wind22i About Contact  Quote this Post!
x 0   x 0  Alert Admin	WHO declares coronavirus a global health emergency Now it gets a little tricky...btw buy and short
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trademaster Supreme	31-Jan-2020 07:29        trademaster About Contact  Quote this Post!
x 0   x 0  Alert Admin	So today everyone buying or selling this counter? 🤔 Not vested yet.  trademaster      ( Date: 30-Jan-2020 10:15) Posted: My  key point is - everyone think the same way...then it seems so easy to make money...but reality is hard to outsmart the mkt. WL123456      ( Date: 30-Jan-2020 09:52) Posted: That one is intangible but this viral contagion is tangible . Different case dude. This one the economic impact can be calculated.
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