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Medtecs Intl
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Medtecs
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gregtan123
Supreme |
17-Apr-2020 15:03
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Found this on Rex forum   Gilead Pours Cold Water On Report That Sent Market Soaring: " Anecdotal Reports With No Statistical Powerhttps://www.zerohedge.com/health/gilead-pours-cold-water-report-sent-market-soaring-anecdotal-reports-no-statistical-power |
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Superkilat
Elite |
17-Apr-2020 14:32
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Hahaha. Shate price reflect future situation. You think ppl still wear mask if the drug is proven to be treatment? Just like you get flu, doctor give you antibiotic lah. You bother to wear must to avoid flu? | ||||
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$$WinWin$$
Member |
17-Apr-2020 14:26
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Just to share to you that China people are still wearing masks now even though those places have " ZERO" cases in past more than one month. The price of mask is still high. 
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gregtan123
Supreme |
17-Apr-2020 12:54
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There are largely three main groups of enterprises in this mask production army: one, factories that originally produced masks two, medical and health industries related to mask production and three, enterprises unrelated to mask production but boast of strong financial power like Gree (a major appliance manufacturer based in Zhuhai, Guangdong) and BYD (an auto-manufacturer based in Shenzhen). Thus came their immediate windfall: an enterprise could produce 500,000 masks on a daily basis with a cost price of roughly 1 RMB (approximately S$0.20). Sell them at 3 RMB apiece and the enterprise earns a profit of 1 million RMB in a single day. |
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gregtan123
Supreme |
17-Apr-2020 12:51
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China is estimated to be making 200 million masks daily and may have too many mask-making factories in the near future. Chinese commentator Cai Enze envisages the likely scenario facing these enterprises scrambling to turn a quick profit out of mask manufacturing. Looking at the statistics, the world needs to better coordinate how these masks can reach pandemic-stricken countries in dire need of masks. &ldquo Industry experts generally believe that the peak demand for masks will last until April. Be a little more optimistic and extend that until May or June &mdash but what about the second half of the year then? Until then, many mask-manufacturing enterprises &mdash especially the small and medium enterprises that came into the picture much later and do not possess strong foundations &mdash would have to face closure when they have a surplus of masks and profits begin to plunge...&rdquo https:://www.thinkchina.sg/china-will-have-too-many-mask-making-factories?fbclid=IwAR1IOIdhZ-2AvsiCjvP0mu7jXgnNTUuVFEMrsrz7UTF0f3fBtXxgX6VXwAc |
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gregtan123
Supreme |
17-Apr-2020 12:38
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Longist, if keen for more Managemenr PR, write to them:  [email protected] their annual report say got question just ask. |
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hohokit
Veteran |
17-Apr-2020 11:27
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Since Medtecs is in medical in this crisis do the management see other opportunity to invest. | ||||
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Smallball
Senior |
17-Apr-2020 11:21
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93 strong support no down waiting buy cheap | ||||
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Innocent
Veteran |
17-Apr-2020 11:13
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@Superkilat, why not we all pray that this counter is suspended for u! like that better than fall to 0.02 leh!   Btw, my prayers majority always work.   Lolllll
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Hellvish
Senior |
17-Apr-2020 11:08
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This is just a durg treatment for COVID-19. Thailand came up with cocktail to treat their patients as well. Unless they really came out with vaccine, then this stock will fall to 0.02. In the meantime, hospital will still need PPE, masks, gloves 
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Superkilat
Elite |
17-Apr-2020 10:54
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Once this drug is proven, i can see my short to 0.02 maybe. Hahaha. | ||||
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Superkilat
Elite |
17-Apr-2020 10:53
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https://www.cnbc.com/2020/04/16/sp-500-etf-jumps-2percent-after-hours-on-report-gilead-drug-showing-effectiveness-treating-coronavirus.html A lovely news to longists. Hehehe.... | ||||
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albeniz
Veteran |
17-Apr-2020 10:03
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Yes!  This is the most SOLID advice!
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albeniz
Veteran |
17-Apr-2020 10:01
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No, not worth to short.  Let' s long together.  Yay!  
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wolverine23
Supreme |
17-Apr-2020 09:54
Yells: "Medical Bull 2020 !!!!!!!! = Internet Bull 2000 !!!!!!!!" |
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Really worthwhile to short meh?
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Superkilat
Elite |
17-Apr-2020 09:53
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I a. Already in big Short position! I cannot short further. Others please gang up. | ||||
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churnw
Elite |
17-Apr-2020 09:51
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Pls short someMore so I can collect at low ...
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Hector
Veteran |
17-Apr-2020 08:58
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Medtecs will have good profit this year and next since there are shortage of PPE globally.  Just that, they remain low profile and do less PR, or else we should see them fly higher than previous high... |
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Superkilat
Elite |
17-Apr-2020 08:57
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Hahaha. Buy queue disappear liao. | ||||
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Superkilat
Elite |
17-Apr-2020 08:47
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Longists you can try hard to stir up by saying possible announcement in the sfternoon. The fact is it is reported on news spread in locol community remains stable for past 2 eeeks. | ||||
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