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Medtecs Intl
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Medtecs
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Contratrader
Elite |
08-May-2020 14:31
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sellers detected .. dont know is it ssh selling ? scare le .. . always like that .. BBs push so hard .. never give chance ..must at least see 20c ma... | ||||
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WL123456
Supreme |
08-May-2020 14:30
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It?s not just mask. They have PPEs which is their main growth engine. And even if ST wants to do mask, setting up the production arm is not easy and takes time. The making of mask for ST is more for strategic purpose, telling others that sg can make our own mask so that we have bargain power when it comes to purchases. You can never make mask as cheap as those by specialist like Medtecs. They are in this for the main business. Also, Medtecs Is selling the mask and PPEs worldwide, not just to Singapore( which In fact I think is only a small figure.)
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Fluffyclouds
Master |
08-May-2020 14:29
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Bro i understand what the market move like that. But poor chap who just started prolly join the chase.. See up he also buy
... I dont want spoil the fun ma.
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machidrain
Veteran |
08-May-2020 14:28
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told u all not to chase. shorted 185. buy back 175 pray | ||||
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lovetoshare
Elite |
08-May-2020 14:28
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you will never understand LOL  that is the fact. Nobody understand. LOL Got money just take. 
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Fluffyclouds
Master |
08-May-2020 14:26
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Thats why i don't understand. Why suddenly the price hike when st also doing. Gg whoever buy. Faster sell at abit lost..
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lovetoshare
Elite |
08-May-2020 14:25
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Just dont be the last one holding it will do... MEDTEC anytime also can reverse. ST Engineering also do masks liao.   |
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Djsoul80
Master |
08-May-2020 14:22
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Yup I agree with you and I was lucky to make profit in Rex. I was like so glad I didn't greed over my target price to sell.
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wolverine23
Supreme |
08-May-2020 14:21
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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188 to 192 shorts cover...... 185 to 181 shorts double short... next..... guess? |
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WL123456
Supreme |
08-May-2020 14:21
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Yes. To test buying interest. No point props buying and selling ownself. And some of them are buying for clients so they must also account to their clients if there is buying interest from the market.
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glann92
Senior |
08-May-2020 14:19
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Is this like part of the retracement?
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SgYuan
Supreme |
08-May-2020 14:19
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15m chart support look strong got chance ![]()
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WL123456
Supreme |
08-May-2020 14:19
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Actually I disagree one bit. Rex has no profit to support the price as it?s making losses but Medtecs this time round is doing well. Profit level increase by 1517%. Eps is up by 0.04 at least. Plus they push their production to 2 times the current capability. Nav is around $0.205 at least, could be more if the revenue goes above my estimate of 15-20%. It should be more since production is doubled.
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Shareskiat89
Elite |
08-May-2020 14:16
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just curious, how does the price fall so sudden? how many shares do you need to sell to take out all the buy Q below.  
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stockshort
Supreme |
08-May-2020 14:15
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17x close la then have room for upside | ||||
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Djsoul80
Master |
08-May-2020 14:14
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Just ride on the boat smoothly like how you guys did on Rex. I did fairly well by selling at the right time at the high before it crashes. | ||||
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WL123456
Supreme |
08-May-2020 14:14
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It?s normal for shares to have some pull back along the way. The can?t go in straight line and the pull back is also a test of buying interest from the big props. I can say the buying interest is there as queue came back after the retrace. If the buying interest is back, so is the price. Anyway now the price is heading towards a level back by profit and confirmed orders. It?s not speculative like those who announced tie up, distributor ship etc where the tea figures are not in. The management have already provided guidance for the whole year. | ||||
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Djsoul80
Master |
08-May-2020 14:12
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Ain't working for anyone, so no need to disclose to compliance or the board.
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SgYuan
Supreme |
08-May-2020 14:12
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5min chart
- low bollinger 180 cannot break - then got chance - else will test cloud support 169 To break up must clear mid 187.5 first
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wolverine23
Supreme |
08-May-2020 14:11
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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ok i reload 183 | ||||
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