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Medtecs Intl
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Medtecs
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gregtan123
Supreme |
08-May-2020 20:54
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Lol on what basis? LOSSES? CB used to be 0.13 b4 the test-kits of Bio. Bio used to be 0.26 b4 test kits. (or even 0.18 a few monthd back). Both of them LOSS making :) Medtecs SUPER results, last time speculation 0.21. Now REAL results, 0.176 only? Taiwan Medtecs Dual List now is 5.14 TWD which is 0.245 SGD. U smarter than Taiwan BB?  Come on la
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gregtan123
Supreme |
08-May-2020 20:42
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Market open Gap UP 0.164 from 0.158 closign, so up 0.06 then run up to 17.x/18 then soften then Close Lunch at Day High (as of lunch time) at 0.185.  After Lunch Gap UP from 0.188, up 0.03, went to All-Day High: 0.193. Then Fast retrace to 0.180 then some support then super fast retrace to Day Low 0.160 then fast rebound to 0.181 then drop back to 0.170 then run 0.179 then down again to 0.174. Close 0.176.  Many many opportunity to make and lose money. Roller coaster bro.
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StevenKan
Master |
08-May-2020 19:12
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Wah... Today so happening.... I was busy with something. Missed out this interesting game today. Anybody can share with me what happens huh? Sorry I have got no time to read all chats here yet. | ||||
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gregtan123
Supreme |
08-May-2020 18:30
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Bro bro, so your Monday prediction? U said close 0.17x then got upside to 0.205? or 0.21? say reasons lei bro. 
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gregtan123
Supreme |
08-May-2020 18:24
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Nice la brother. I hope Monday can at least test the previous high. Come la release more good news lei. 
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wolverine23
Supreme |
08-May-2020 18:12
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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i a bit lucky on this today. was supposed to cut a little bit more around 0.168 to 0.165 range.... for some reason my computer lost connection to the trading platform and i had to restart it. when i came back online, it was already around 170+....    
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Djsoul80
Master |
08-May-2020 17:59
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Anyway, all shares pricing including the blue chips can fluctuates like no other business during a day.. Up like rocket and down like no ending. Then before you know any news again, it rockets up like reaching climate!. So always trade only what you can afford. There's no logic in the trading price sometimes. Also there's people who shouted ridiculous low price to buy. Yuu can't stop these fellows. Just see see forum and take it as side dish to disgest. Or maybe they also have their logic how they derived into such low price prediction. 😊 | ||||
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Djsoul80
Master |
08-May-2020 17:46
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Test kits yes for this coronavirus. But I'm not interested for short term. There's money to be made for sure. Push factors for me is the high cost on labs and labours etc.. But when no more coronaviruses, no need these test kits already.. They cannot over produce these test kits too. And as test kits not cheap.. Not all countries will get the supplies. People die die loh.. And of coz, each country also trying to invent their own test kits. Nevertheless, any companies doing medical supplies or products are making money for these few quarters. So good that you guys invested in whichever medical companies you guys vested in. Just do own read up and forums are only for side reads. Don't take in too much. Everyone has their own philosophy. I'm not professional and I also depend on side informations.
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wolverine23
Supreme |
08-May-2020 17:40
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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noted. I made a big killing from bio / CB tho.  And I think they will also release solid sales numbers to boost the stock price very very soon. Looking at oil also now... Hang tight!
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gregtan123
Supreme |
08-May-2020 17:32
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Sound like a Smart BB, though I dont like CB and Bio I think the test kids still crucial cause if you want to Re-OPEN economy, u need testing. Like for me I want go back China, I heard they will allow soon but must be tested before and after fly. So sure got testing demand in the ST. Also if 2nd wave also GG. but yes PPE needs confirm there. Also, I am gonna write to Investor Relations again, I ask them to update on their PPE/Mask Certification? I think if they release more news will be good BUT note this Medtecs Taiwanese don' t like the Bio Jeremy, love to release news to play market up. Medtecs from my exp is the silent do work type, got good and bad. Bad is no supportt or mass increase. Good is if increase means got something good.
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happietrade
Master |
08-May-2020 17:30
Yells: "be kind" |
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qns, the candle that ended today, like means monday will drop?? im vested so curious to find out i not good at charts. | ||||
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Djsoul80
Master |
08-May-2020 17:27
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And also, I've let go all my banking positions and oil related products.. No other industry to play with. So got into medical ones. But not those Biolidics or clearbridge.. Test kits no need when virus over. Vaccine not that easy. High cost and maybe not successful as well. Mask and PPE will still be in demand and also need to stock up by all countries going forward. So still got business flowing into this company after all the virus numbers going down. It's going to be a need to wear mask trend when going out to protect yourself from others.
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gregtan123
Supreme |
08-May-2020 17:23
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Depends on alot of factors bro. I give u the DOWNSIDE risk first. Downside is over the weekend, Covid-19 drastic drop in cases or Vaccine progress or Dow Futures or SSH announce sell shares.  Upside I think have to wait: (a) Analyst Broker cover (possible if any of u know people), (b) Monday Taiwan MAX 10% UP (not really linked but good indication), (c) Covid-19 numbers worsen (Sunday numbers key), (d) this one most unlikely Medtecs board decide to be nice release some more info on numbers or clients, (e) say another PPE maker like UG also release stellar numbers(together they move).  These are all short term pull and push factors for those contra or looking for 1-week turnaround. If u ask me, I think 50-50 for now UP or Down but I think show not over. Monday, if things goes well 0.20-0.22. Turn south may go back 0.15-0.16 then wait for next catalyst.
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Djsoul80
Master |
08-May-2020 17:17
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For penny stocks, I'm extra careful for sure. For this one, I've looked through the trading share price traded over the years since the very beginning of their start of listing. Their products.. Supply and demand in the market in long term. Pandemic not going to be over soon. Not this year at least. Numbers are there. Factory in China. Good. Factory in Philippines. Good. Both cheap labour cost. Certified surgical mask. Yes. Most ideal to deal with this virus compared to those cloth or recycle mask. High demand in both retail and big organizations for their products. Good. Their product is not just for one type of industry only. Good. Although many competitors but it's still okay. And also, they've not giving dividends for so long!!! This pandemic will bring profit and I'm holding and hoping for dividend!! 😊 But don't follow me ya.. My trading philosophy is only for brave hearts. The only thing I dislike is they have Philippines guys on the board. If run by Singaporean, sure this company fly up high.
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wolverine23
Supreme |
08-May-2020 17:16
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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yes, lets do it.  Seems like old days at 9 cents. haha
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westpoison
Veteran |
08-May-2020 17:15
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Can you let us know what' s the forecast for Monday?
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gregtan123
Supreme |
08-May-2020 17:15
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Bro. did u see 0.176 got 300,000 shares ALL EATEN UP? If down, BB dumb? Huat ah. I like this close. Less than perfect day/week but stock price LINEAR up is NOT good. Monday lets test 0.205/0.21?
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stockshort
Supreme |
08-May-2020 17:13
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as expected close 17x... listen to me no wrong | ||||
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wolverine23
Supreme |
08-May-2020 17:10
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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ok listen to you.  unload some Clearbridge and Trendlines. added to treasure chest Medtecs.
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WL123456
Supreme |
08-May-2020 17:10
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We see how it goes but I am staying with my $0.20 target slightly below the improved $0.205 nav.
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