| Latest Forum Topics / Medtecs Intl Last:0.122 -- |
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Medtecs
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SgYuan
Supreme |
09-Mar-2020 13:47
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now week chart
- cloud upper 62 - cloud lower 49.5 px hit low 57
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gregtan123
Supreme |
09-Mar-2020 13:45
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bro only 1-2 retailers left la.
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SgYuan
Supreme |
09-Mar-2020 13:42
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really bad now break now low
i still doesn't see the link of medical and oil
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uiop1223
Supreme |
09-Mar-2020 13:41
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Its difficult to buy. Need to ask broker. My broker quite slow to respond..
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TA_Expert
Supreme |
09-Mar-2020 13:40
Yells: "The World has changed" |
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You have been shorting for more than 1 week. I believe that you have made easy money of $100K and above. Congrats! This penny stock helps you to become rich. History has repeated same as 17 years ago and yet many retails chose not to believe.
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gregtan123
Supreme |
09-Mar-2020 13:37
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still need to survie tomorrow bro.
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Shifu8888
Supreme |
09-Mar-2020 13:37
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Bottom beckoning..... | ||||
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Justice888
Supreme |
09-Mar-2020 13:37
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Previously the chiong up is entice by bb... so now bb left. Retailers don?t dare to buy. Those who got stuck slowly sell down .
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Goldfinger
Supreme |
09-Mar-2020 13:35
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It?s quite crazy that given the severe shortage of mask and other medical protective gear that Medtecs is at this level. Quite severe manipulation it seems. By whom though? | ||||
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uiop1223
Supreme |
09-Mar-2020 13:34
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U rich liao
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Superkilat
Elite |
09-Mar-2020 13:27
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Covered my short. Thank you :) now i switch to LONG! | ||||
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gregtan123
Supreme |
09-Mar-2020 13:22
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Send liao sorry bro haha.
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Shifu8888
Supreme |
09-Mar-2020 13:15
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Can you don send first. Let me average more? Scarly they halt and release business update later?
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Shifu8888
Supreme |
09-Mar-2020 13:14
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Wow bro. Your England dam powderful leh.
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gregtan123
Supreme |
09-Mar-2020 13:13
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I wrote letter to Medtecs, i listed all their emails on their website. if u got CEO email u let me know. Dear Management of Medtecs,   I am a concerned Singaporean shareholder of your company Medtecs International. I am writing to the Management to ask for clarity on a few matters:   Issue 1: Huge Price Differential Between the Taiwan ADR of Medtecs and Singapore&rsquo s Medtecs Share Price   As we speak, Medtecs Taiwan share price is TWD 3.90 which is SGD 0.179 versus Singapore SGD 0.063 that&rsquo s a 284% Price Difference or 2.84x Price Difference. Given that both shares rank pari passu to one another especially vis dividends, gains etc, has the owners and Board considered doing anything to close the difference? Perhaps, doing a Buy-Out and De-Listing from the Singapore Market since it is so under-appreciated and there&rsquo s so much lisitng costs involved?   Issue 2: Medical Masks/PPE Orders and Investor Engagement   As we speak now, 50 Medical Masks are being sold for 259.99 USD in USA on Amazon and even at this price point, it is Sold Out. Given the news about global shortage on Masks, PPE and Pandemic equipment, what is Medtecs Current Book Order and Client Profile?   Given that the Board of Directors owe an obligation to Maximise Shareholder Value, what steps are the Board doing to help shareholders realize their value? As shareholders, we impore the Board to be forthcoming with Orderbooks till date, and the capacity of Medtecs across all their factories globally especially Cambodia, PH, Hangzhou etc.   Issuance or profit guidance, order book updates like the Board of AEM would be ideal.   Issue 3: Sales Price, Charity and Shareholder Interests   On the Social Media front, it seems to Shareholders that Medtec is doing a lot of Charity, giving away free masks or pricing masks very lowly in Philippines and Taiwan. Whilst doing charity is both an intrinsic good (we love to do good too) and outer good in terms of goodwill, governmental goodwill on the long term, as shareholders we must ask: Is this done to the extent which Shareholder&rsquo s interest are harmed?   What is the Board&rsquo s approach and division between for Sale products and for Charity? How will this affect shareholder interests.   Issue 4: Xia Junwei Directorship and Breach of Listing Rules   What is the Update on Xia Junwei directorship? In your letter to SGX, you said that you were discussing his directorship at end Feb. What&rsquo s the outcome? Given that the Deputy Chairman breached rules and harmed shareholder&rsquo s interest, what is the Board doing to protect our interest.   Issue 5: Global Mass Order and/or Takeover Offer   As a well-connected shareholder with businesses spanning China and SEA, I would like to enquire with the Board, two things: (a) Is it possible that Medtecs enter into a binding mass order from me or my company? We are looking to buy up to 1 million masks if you can deliver in. 1-2 weeks. We can buy at whatever price you want, and we assure you that at least 20% would be given to charity.   (b) Would the owners especially Yang family CEO owners be open to selling the entire Medtecs? The current price of 0.063 SGD is dirt cheap and our group is willing to offer up to 0.11 SGD subject to due diligence.   Best,  
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Shifu8888
Supreme |
09-Mar-2020 13:10
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No matter what, ppe all Bao dry dry by governments. It is a weapon against this invisible enemy. Retailers cant buy it. Other liquid disinfectant still have stock. Till now, no stock for masks. Medtec last financial statement inventory Value is about $37m. Easily convert this value into sales and profit. I will keep averaging and will not believe there is no U turn.
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gregtan123
Supreme |
09-Mar-2020 13:08
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u give me email i send u picture now. not fake news la. my clientele all big shots in USA. I send u all the picture NOW. 
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shadow11
Veteran |
09-Mar-2020 13:01
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Wah zhun zhun go back 5c. | ||||
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TA_Expert
Supreme |
09-Mar-2020 12:48
Yells: "The World has changed" |
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No government in the world will allow any manufacturers to sell masks like gold as the world is facing a health crisis. WHO won' t allow it too. | ||||
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TA_Expert
Supreme |
09-Mar-2020 12:46
Yells: "The World has changed" |
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Fake news. Amazon does not allow such pricing. These sellers are banned. Go to Amazon.com to see the current selling prices. Which sellers selling at US$259?
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