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Tkong214 Member	19-Aug-2021 16:58        Tkong214 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Finally some sensible discussions with substance. This forum has degraded and become a platform for shortlists and manipulators to scaremonger people for their gains.    Here' s my 2 cts worth on fundamentals earlier: On expenses: 1H 2021 Distribution & selling expenses + Admin expenses over Revenue was high compared to 1H 2020. Management said it' s due to higher promotional and marketing expenses. Okay fine. I do not think these two expenses in 2H 2021 will be as high as 2H 2020 as lower projected revenue means lower freight-out and commission expenses. Finance expenses will be negligible with the redemption of loan. One thing the management has to do is to rein in wages and salaries, which jumped by over 10m in 2020. It' s okay to pay yourself good bonus when sales and profit are good, but when results is down everyone should suffer together.        On outlook: For 2H outlook, North America which is a huge market has been a bright spot in 1H and I hope the trend continues. Asia Pacific will depend much on the government stockpiling cycle. If it doesn' t come in 2H, it will come in 2022 or 2023 as eventually the stocks need to be replenished or expired. Unless MT is no longer the partner.        On numbers (1H 2021) NAV: US$0.3426 or S$0.46 Cash: US$61.1m or S$0.15 Receivable: US$47.6m or S$0.12 EPS: US$0.0349 or S$0.046 Alas, looking at the numbers alone, I don' t think my double average down target of $0.20 will be reached. As long as the company generates positive cash flow on operating activities, I am not that concerned at the current price level. The management can buy back a bit of shares as confidence booster. I hope it does not pay a generous dividend as some heartless people would sell immediately after the cheque is in. Cash should be conserved for M& A and other opportunities. Or leave it to boost the book value until S$1 first!! 🤣 Luzern      ( Date: 19-Aug-2021 14:17) Posted: The data/information are all out there in the internet. tritonyeah6666      ( Date: 19-Aug-2021 14:03) Posted: Generally agree. Pretty much supply & demand still. Though this view very much barring on 2 key assumptions here. PPE usage to decrease and/or low entry barriers of the industry leading to too many new entrants canabalizing. For the part of PPE usage to decline - I guess not sure & have not seen any publication suggesting so? 2nd, the huge amount of new entrants - Again not sure whether there is indeed already a lot of new entrants. In addition, I guess also depend on how much one trusts Medtecs CEO as he has explained several times during webinar that the entry barrier for PPE is pretty high. He even explained down to the stitches of a PPE that must be done by qualified personnel. I am not bullish not bearish on medtecs. Still neutral but couldn't quite figure & bit puzzling with it's qtr result
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jackjack Veteran	19-Aug-2021 14:37        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	Haha i dont know why people thinking im jialat judging that the price still going down. You should be worry those cheer leader yesterday on a dead cat bounce. Im not surprise to see 55c again very very soon tritonyeah6666      ( Date: 19-Aug-2021 13:05) Posted: Wah then Jack might end up jialat liao. I remember he said he won't cover his shorts until stubborn retailers sell their holdings ETLee8      ( Date: 19-Aug-2021 13:00) Posted: Chked, yesterday short sell is 5 millions shares, not short covering bu
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Luzern Supreme	19-Aug-2021 14:17        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	The data/information are all out there in the internet. tritonyeah6666      ( Date: 19-Aug-2021 14:03) Posted: Generally agree. Pretty much supply & demand still. Though this view very much barring on 2 key assumptions here. PPE usage to decrease and/or low entry barriers of the industry leading to too many new entrants canabalizing. For the part of PPE usage to decline - I guess not sure & have not seen any publication suggesting so? 2nd, the huge amount of new entrants - Again not sure whether there is indeed already a lot of new entrants. In addition, I guess also depend on how much one trusts Medtecs CEO as he has explained several times during webinar that the entry barrier for PPE is pretty high. He even explained down to the stitches of a PPE that must be done by qualified personnel. I am not bullish not bearish on medtecs. Still neutral but couldn't quite figure & bit puzzling with it's qtr results Luzern      ( Date: 19-Aug-2021 13:26) Posted: In a boom and with huge profit margin, capacities in the industry will increased, there will also be many new entrants.    When the reason/s for the boom is eroded and/or no longer valid, we enters the bust cycle. There will be lots of redundant capacities in the industry, some companies will start marking losses and there will be write-offs and pressure by buyers to re-negotiation contracts. The good thing with Medtech is that, they did not expand their capacities too much, rather, they increases the utilization rate of their pre-Covid production resources and to source from external parties.  Hence, I do not expect them to burn-off the cash/profit which they accumulated during the last few qtrs too fast, unless they do something to sabo the longer term share price like share buy back and huge dividend pay out.  Share buy back and dividend would only provide a short term positive for the share price, longer term wise, price will suffer as a result
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tritonyeah6666 Senior	19-Aug-2021 14:03        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Generally agree. Pretty much supply & demand still. Though this view very much barring on 2 key assumptions here. PPE usage to decrease and/or low entry barriers of the industry leading to too many new entrants canabalizing. For the part of PPE usage to decline - I guess not sure & have not seen any publication suggesting so? 2nd, the huge amount of new entrants - Again not sure whether there is indeed already a lot of new entrants. In addition, I guess also depend on how much one trusts Medtecs CEO as he has explained several times during webinar that the entry barrier for PPE is pretty high. He even explained down to the stitches of a PPE that must be done by qualified personnel. I am not bullish not bearish on medtecs. Still neutral but couldn't quite figure & bit puzzling with it's qtr results Luzern      ( Date: 19-Aug-2021 13:26) Posted: In a boom and with huge profit margin, capacities in the industry will increased, there will also be many new entrants.    When the reason/s for the boom is eroded and/or no longer valid, we enters the bust cycle. There will be lots of redundant capacities in the industry, some companies will start marking losses and there will be write-offs and pressure by buyers to re-negotiation contracts. The good thing with Medtech is that, they did not expand their capacities too much, rather, they increases the utilization rate of their pre-Covid production resources and to source from external parties.  Hence, I do not expect them to burn-off the cash/profit which they accumulated during the last few qtrs too fast, unless they do something to sabo the longer term share price like share buy back and huge dividend pay out.  Share buy back and dividend would only provide a short term positive for the share price, longer term wise, price will suffer as a result. tritonyeah6666      ( Date: 19-Aug-2021 13:10) Posted: Yep. Don't know whether the stock piling is a seasonal thing, gov/cust reorder & that bulk reorder happen at certain quarter in a year like any other yearly or half yearly contract renewa
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Luzern Supreme	19-Aug-2021 13:26        Luzern About Contact  Quote this Post!   Yells: "9"
x 0   x 0  Alert Admin	In a boom and with huge profit margin, capacities in the industry will increased, there will also be many new entrants.    When the reason/s for the boom is eroded and/or no longer valid, we enters the bust cycle. There will be lots of redundant capacities in the industry, some companies will start marking losses and there will be write-offs and pressure by buyers to re-negotiation contracts. The good thing with Medtech is that, they did not expand their capacities too much, rather, they increases the utilization rate of their pre-Covid production resources and to source from external parties.  Hence, I do not expect them to burn-off the cash/profit which they accumulated during the last few qtrs too fast, unless they do something to sabo the longer term share price like share buy back and huge dividend pay out.  Share buy back and dividend would only provide a short term positive for the share price, longer term wise, price will suffer as a result. tritonyeah6666      ( Date: 19-Aug-2021 13:10) Posted: Yep. Don't know whether the stock piling is a seasonal thing, gov/cust reorder & that bulk reorder happen at certain quarter in a year like any other yearly or half yearly contract renewal Luzern      ( Date: 19-Aug-2021 13:03) Posted: $0.5+ to 0.6+ level should last for awhile due to the NAV and cash holding of the company. However, if the company starts logging loses due to whatever reasons, this $0.5+ to $.6+ level will adjust downward.    Conversely, if the company somehow manages to improve their revenue and profit in the qtrs ahead, the share price will adjust upwards. As it is and with the norm with boom and bust business cycle, I expect profit and revenue to continue to go lower in the qtrs ahead.
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ETLee8 Master	19-Aug-2021 13:14        ETLee8 About Contact  Quote this Post!
x 1   x 0  Alert Admin	Well said.  Being realistic and adjsut accordingly to markets. Luzern      ( Date: 19-Aug-2021 13:03) Posted: $0.5+ to 0.6+ level should last for awhile due to the NAV and cash holding of the company. However, if the company starts logging loses due to whatever reasons, this $0.5+ to $.6+ level will adjust downward.    Conversely, if the company somehow manages to improve their revenue and profit in the qtrs ahead, the share price will adjust upwards. As it is and with the norm with boom and bust business cycle, I expect profit and revenue to continue to go lower in the qtrs ahead.
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tritonyeah6666 Senior	19-Aug-2021 13:10        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yep. Don't know whether the stock piling is a seasonal thing, gov/cust reorder & that bulk reorder happen at certain quarter in a year like any other yearly or half yearly contract renewal Luzern      ( Date: 19-Aug-2021 13:03) Posted: $0.5+ to 0.6+ level should last for awhile due to the NAV and cash holding of the company. However, if the company starts logging loses due to whatever reasons, this $0.5+ to $.6+ level will adjust downward.    Conversely, if the company somehow manages to improve their revenue and profit in the qtrs ahead, the share price will adjust upwards. As it is and with the norm with boom and bust business cycle, I expect profit and revenue to continue to go lower in the qtrs ahead.
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tritonyeah6666 Senior	19-Aug-2021 13:05        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Wah then Jack might end up jialat liao. I remember he said he won't cover his shorts until stubborn retailers sell their holdings ETLee8      ( Date: 19-Aug-2021 13:00) Posted: Chked, yesterday short sell is 5 millions shares, not short covering buy tritonyeah6666      ( Date: 19-Aug-2021 12:57) Posted: Don't know. Only know yesterday short average price was $0.58. kena squeezed. You can say shorts covering accidentally squeezing ownself als
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Luzern Supreme	19-Aug-2021 13:03        Luzern About Contact  Quote this Post!   Yells: "9"
x 1   x 0  Alert Admin	$0.5+ to 0.6+ level should last for awhile due to the NAV and cash holding of the company. However, if the company starts logging loses due to whatever reasons, this $0.5+ to $.6+ level will adjust downward.    Conversely, if the company somehow manages to improve their revenue and profit in the qtrs ahead, the share price will adjust upwards. As it is and with the norm with boom and bust business cycle, I expect profit and revenue to continue to go lower in the qtrs ahead.
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ETLee8 Master	19-Aug-2021 13:00        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Chked, yesterday short sell is 5 millions shares, not short covering buy tritonyeah6666      ( Date: 19-Aug-2021 12:57) Posted: Don't know. Only know yesterday short average price was $0.58. kena squeezed. You can say shorts covering accidentally squeezing ownself also ETLee8      ( Date: 19-Aug-2021 11:33) Posted: I am curious leh, who bought the shares yesterday ?  Was it short covering
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tritonyeah6666 Senior	19-Aug-2021 12:57        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Don't know. Only know yesterday short average price was $0.58. kena squeezed. You can say shorts covering accidentally squeezing ownself also ETLee8      ( Date: 19-Aug-2021 11:33) Posted: I am curious leh, who bought the shares yesterday ?  Was it short covering ? bxylqwan      ( Date: 19-Aug-2021 11:26) Posted: We are now back to the same price as Jun/Jul 2020... Lol
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tritonyeah6666 Senior	19-Aug-2021 12:53        tritonyeah6666 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Walao eh, you salah bor flipped until like that. the correct statement shd be - See yesterday so many come out and talk down the stock lar.. jackjack      ( Date: 19-Aug-2021 12:49) Posted: Simple yesterday is just to rebound and trap people. See yesterday so many come out and talk down the short seller? Rebound is not strong. Yesterday closing also weak. Today show sign more weakness to come. No need look on the market. Some stock already run up while this has been going down. When market goes bad this will go worse
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jackjack Veteran	19-Aug-2021 12:49        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	Simple yesterday is just to rebound and trap people. See yesterday so many come out and talk down the short seller? Rebound is not strong. Yesterday closing also weak. Today show sign more weakness to come. No need look on the market. Some stock already run up while this has been going down. When market goes bad this will go worse
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lailai Elite	19-Aug-2021 12:28        lailai About Contact  Quote this Post!
x 0   x 0  Alert Admin	It' s quite obvious. Ytdy, mostly green, so MT also green. Tdy mostly red, so follow red. Yuan' s EW chart also say hard to punch up. Think also hard to punch down belo 58. But in spite of 282 reds, and STI minus 30.5 pts tdy, MT relatively holding well, only 3 bids down, cos their eps is still very hi compared to others who are in the red. Anyway waiting for my lunch. ETLee8      ( Date: 19-Aug-2021 11:33) Posted: I am curious leh, who bought the shares yesterday ?  Was it short covering ? bxylqwan      ( Date: 19-Aug-2021 11:26) Posted: We are now back to the same price as Jun/Jul 2020... Lol
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SgYuan Supreme	19-Aug-2021 12:03        SgYuan About Contact  Quote this Post!
x 0   x 0  Alert Admin	medtec 1h at this stage hard to punch up w2 wabc dn wa dn 590 wb up 615 wc dn 575 px hit 580 w2 dn 61.8% 570
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ETLee8 Master	19-Aug-2021 11:33        ETLee8 About Contact  Quote this Post!
x 0   x 0  Alert Admin	I am curious leh, who bought the shares yesterday ?  Was it short covering ? bxylqwan      ( Date: 19-Aug-2021 11:26) Posted: We are now back to the same price as Jun/Jul 2020... Lol
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bxylqwan Master	19-Aug-2021 11:26        bxylqwan About Contact  Quote this Post!
x 0   x 0  Alert Admin	We are now back to the same price as Jun/Jul 2020... Lol
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jackjack Veteran	18-Aug-2021 21:51        jackjack About Contact  Quote this Post!
x 0   x 0  Alert Admin	Another ah beng talk loud but still ask people keep quiet. Did i say it will go halt? Can't read sentence properly want kpkp. You so bullish go buy 100k in la. If not you also keep quiet la alto26      ( Date: 18-Aug-2021 19:43) Posted: Everday come in say drop la sell la.now another say halt.you buay sian ah .wana bet 100 k halt by this week if not just keep quiet la . jackjack      ( Date: 18-Aug-2021 19:36) Posted: Good that someone thinks rationally. I would say it wont go to a phase where it needs to be halt. There is no huge issue like huge debt or something. The company is still sitting with some cash. That's said the problem is the company does not know how to grow further. No growth share price for sure wont grow to
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if-only Senior	18-Aug-2021 21:18        if-only About Contact  Quote this Post!
x 0   x 0  Alert Admin	Yesterday market was all RED sea.  Nano was down from $6 to $3.77, calculate for yourself how many % is that.    Why zero in to Medtec which only drop 6% ?  Very irrational indeed.  Please DO NOT talk bad of a stock which you do not have.
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alto26 Senior	18-Aug-2021 19:43        alto26 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Everday come in say drop la sell la.now another say halt.you buay sian ah .wana bet 100 k halt by this week if not just keep quiet la . jackjack      ( Date: 18-Aug-2021 19:36) Posted: Good that someone thinks rationally. I would say it wont go to a phase where it needs to be halt. There is no huge issue like huge debt or something. The company is still sitting with some cash. That's said the problem is the company does not know how to grow further. No growth share price for sure wont grow too Octega      ( Date: 18-Aug-2021 17:37) Posted: I follow the arguement of jackjack. Today is small correction rebounce of yesterday bloodshed fall. Those vested at higher should dump and recoup something better than nothing. The report card and company FA does not reflect its business performance to be sustainabe for the remaining quarters. The big recent sell down indicates big problem surfacing soon. Run while you still can and dont regret if this counter suddently Halt trading without warning. DYODD please !
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