Latest Forum Topics /
Medtecs Intl
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OEL OIL TURNABOUT THEMES?
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FrancisLim
Elite |
24-Feb-2021 17:10
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The announcement is that they incorporated a susbidiary in USA with the principal objective to distribute and manufacture PPEs.  As to whether the factory has been set-up(overnight?), and when it will be operational - no details provided.
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MooMoo
Senior |
24-Feb-2021 17:06
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Maybe MT will be the next shining star, the next STA.  ![]()
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boyboy61
Supreme |
24-Feb-2021 17:05
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Considering the rout on gloves/ppe counters, MT is holding well at 1.12 | ||||
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ec0101
Veteran |
24-Feb-2021 16:58
Yells: "Do what you have to do." |
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This statement is quite unfair. MT results will be good. that' s an indisputable fact. The only concern is whether they will beat the expectations people have on them which is to exceed US$130m profit for FY20. I agree that the dividends part is a big question mark as MT has never been one to give dividends historically. However with the recent dividend issue last year, I hope the new CEO sees the importance of it. On the capex, it wasn' t just a general statement, there was the factory in US although I do think it is important that they do provide updates for that end. I am hoping to see more clarity in this FY20 closing report.
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kiattttt
Veteran |
24-Feb-2021 16:55
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well supported even when the peers flushed down like mad. haha good sign!! :)  | ||||
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FrancisLim
Elite |
24-Feb-2021 16:52
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Exactly, STA good results and good dividends and clear capital expenditures plan. MT results - unknown, Dividends - wait long long.  Capital expenditures  - general statement. Just hope it get upgraded to Main Board, since it announced its intention in Nov 2020.           
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ec0101
Veteran |
24-Feb-2021 16:48
Yells: "Do what you have to do." |
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Not all though. STA now hit record high making me wish I never sold at $2 .I was also hoping to re-enter it it dips to 1.90 but looks unlikely. If I was daring enough to buy at 1.96 dip this morning, would have made around another 20cents by now. Oh well. Such is life.
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MooMoo
Senior |
24-Feb-2021 16:43
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The other gloves counters also started to trend down at the same time, so I don' t think it was a case of sell on news.  MT' s chart, however, does not look like it is trending down.  Hope for the best!!  🙏 🏻
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ringo88
Senior |
24-Feb-2021 16:18
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Yeah bro.. loaded and optimistic about MT.
But observe UG. Price build up from 0.57 and hit 0.825 just after result. But has been slipping steadily since.
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ringo88
Senior |
24-Feb-2021 15:59
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Buying is easy.. just have funds and press one button.
Selling is the most difficult part. If results is superb and also MB listing and everything good, will we know when to sell? |
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MooMoo
Senior |
24-Feb-2021 15:59
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MT usually trails UG, but today it is holding very well while UG is now down almost 8%.  Can expect excellent results and other good news. | ||||
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lailai
Elite |
24-Feb-2021 15:52
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Aspen was 21.5c b4 MBoard transfer announcement. After announcement, did go up to ard 25/26 max, but now fall back to 21.5c. Good for short term opportunists but not long termers. Becos it does not hv good earnings, its div for shareholders also so low not worth taking, only ard three tenths of a cent for the year. Of course transfer to MBoard would attract more funds and institutions buying MT, but likely big angpow div during CNY will impact more on shareholders to sail along long term with kongsi. If the kongsi does not give good angpow div at this most appropriate time of CNY and FY super result, what hope can investors hope in the future. Obviously the uncertainty that kongsi may not give good angpow is deterring buying, and encouraging selling, which is what seems to be happening now. Anyway Just opinion.
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histoka
Member |
24-Feb-2021 15:51
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Yes! Market needs to hear this 2 good news later evening and tomorrow.  MT will CHIONG high.   
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FrancisLim
Elite |
24-Feb-2021 15:49
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Results maybe good but dividends will be suck. So better have the Main Board news first.
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BerriesK
Member |
24-Feb-2021 15:46
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Yeah man, if tmr doesn' t go beyond 1.15, that' s it for medtec liao.  | ||||
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ringo88
Senior |
24-Feb-2021 15:43
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Yeah bro.. let's hope tomorrow wake up and roar : ) | ||||
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Battle123
Elite |
24-Feb-2021 15:40
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today still sleeping | ||||
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jacky80
Senior |
24-Feb-2021 15:36
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Best is tml mainboard n Fri FY results
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FrancisLim
Elite |
24-Feb-2021 15:14
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New on upgrade to Main Board is good enougn. Results can announce later.
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lailai
Elite |
24-Feb-2021 15:08
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MBoard transfer not likely yet lah. Like sgx is delaying, maybe becos of the bad publicity of former deputy chairman' s late disclosure in his share sales. Hopefully FY result can be announced 2molo, latest by lunch break. Otherwise think not much to expect in div. If release after chap goh meh trading day, hard to expect good angpow, maybe can expect nasi lemak with teh kosong. Anyway hope somebody or kongsi sa STA or even TG, or institutions big enough take over this sesdag kongsi, which makes such huge profits that can embarrass many blue chips. Expected eps likely ard 33c, with jus only 550m issued shares worth $615m. They will probably offer at least $2 instead of the current crawling price of 1.11, which is neither going much higher nor lower. What a joke! ![]() ![]()
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