Latest Forum Topics /
Medtecs Intl
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The next journey
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jackjack
Veteran |
18-Aug-2021 14:12
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Q2 only make 5 mil. 1 year is 20 mil usd (considerint they can maintain the profit for all upcoming quarter). Lets say 25mil sgd. How even you translate to eps 9 to 10 cts when their total share is 546mil?? Your are the one should check your numbers
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Luzern
Supreme |
18-Aug-2021 14:11
Yells: "9" |
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There is difference between creating value versus creating bubble.  Bubbles eventually pop and the higher the price goes before popping, the more damage done to retailers who buy high. Then there is also the pump and dump.  The higher the price they managed to pump before the dump, the more losses inflicted to the retailers who buy high.
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ETLee8
Master |
18-Aug-2021 11:46
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Here I want to say something for everyone to THINK. If u are the owner, knowing that your business is a one off hot stuff during the pandemic and not sustainable, do u want to see your wealth climb (maybe become a billionaire) and goes down to base value (maybe drop to 20-30 millions) when the pandemic is over ??  What will u do ??? *****Pls note that officially as announced in SGX, u hardly buy any shares.*  
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yamseng
Supreme |
18-Aug-2021 11:33
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do not need to explain to those who do not wish to listen, we cannot expect everyone to sell, if this happens, the share price may collapse to 20 to 30 cents. moreover, we need  someone to store the shares in their freezer for us to make more money in the future !! |
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Tkong214
Member |
18-Aug-2021 11:32
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Jackjack, thanks for your contribution but I think you can be more sensitive to others who suffer a great deal with the huge paper or realised losses.  Be more  empathetic to others who, as a result of the losses, may have lost a year or two of earnings, may need to borrow to pay for the family' s expenses, may suffer from depression, may have a family breakdown, may lose the sense of worth.... Empathy is one' s essential quality, don' t lose it. Don' t add to others' agony when things go your way. Remember karma?! It doesn' t need to be a zero-sum game. 
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tritonyeah6666
Senior |
18-Aug-2021 11:19
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Nah. This sounds far more neutral. Yes, do not rule out the possibility of shorts covering. Also, not to rule out the possibility of short squeeze by BBs who have been waiting sidelines for quite a while as part of their rotational play
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Midtermer
Master |
18-Aug-2021 11:16
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I respect your views and to some extent I agree. But please check your numbers before you post. If medtecs profit maintains for the year the full year EPS will be around 9 to 10 cents.
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ETLee8
Master |
18-Aug-2021 11:14
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Bro, I hv been vested in this for 1.5 yrs now.  They hardly doing buyback since. This morning' s volume (12 million done within 1 hr) looks like a share buyback or cover shorts. |
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jackjack
Veteran |
18-Aug-2021 11:09
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Up to you guys ya. there is no need to repeat myself. Go buy the hype if you want to and see how long it last. Winning in market is not only buying the market, it can be done also by selling.
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Tkong214
Member |
18-Aug-2021 11:08
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For those who had sold, I think it' s better to delete the stock from your watchlist. The rebound will only add to your mental suffering. For those who want to trade the rebound, you better think twice. It can go either way. That' s what the stock manipulators are best at- capitalising on your fear and greed. Aiya, why trade? It' s hazardous to your wealth and mental health! Just lead a simple life. Stock investing is not for everyone. 
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tritonyeah6666
Senior |
18-Aug-2021 11:04
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Busy tahan you ah. No buyback you said see no buyback company also do not believe in themselves. Got buyback you said company buyback temporary bounce only lar. You ah ...
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GoodLearner
Senior |
18-Aug-2021 11:03
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Those are the winners. Because they are trading daily with little cost. They control the market until some big players come in.   |
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jackjack
Veteran |
18-Aug-2021 11:02
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Why many people lose money in market? Because they like to chase after the price so sky rocket. Not that i want to bash the counter after it is going down. If you are following the whole thread i have already warn since it was about 80c or 90c. Q1 result already tells company can't tap the advantage pandemic fully. Gloves stock still reporting steady profit but their stock price plunging due to market expectation of no potential growth. While this has already plunge in profit way before them. Q2 result has further proven it. 5 mil profit in Q2. Let just say for the sake of argument they can maintain their profit for the rest of the quarter (which i highly doubt so) 20 mil per year with the price today translate about 15 PE. This is already being optimistic that their profit will not drop further. Hoping it to go 1 dollar??? Yeah market can be irrational sometimes but it's to trap next stuckist. Wouldn't bet money on that
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TokKong71
Senior |
18-Aug-2021 11:00
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Hahaha. Well said! Don't come here and talk down a share and create panic. Oh btw, today the chart keep going up... Hmmm... May reach 70c perhaps? Let's see what Jackjack*ss has to say 😂 😂 😂
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ahwing
Member |
18-Aug-2021 10:53
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cut my loss at 50% this morning, abit too soon. but its ok live to fight another day. hope the rebound will be a meaningful one for you guys. | ||||
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StevenKan
Master |
18-Aug-2021 10:52
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Since you are so power & accurate, why not u recommend us a powerful stock which will go up still and we can huat all together here?
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Hector
Veteran |
18-Aug-2021 10:48
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Hi Jack, I am neutral about Medtecs. many of us have made very huge gain last year when it shoot up from penny to above $1+ price level. So we are very grateful Anyway, can I understand why you are so negative over Medtecs Need to learn from you
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Tkong214
Member |
18-Aug-2021 10:47
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My apologies for the distasteful joke in this very difficult time for many who are vested here. The point I want to make is that if you are not controlled by your emotions of fear and greed in an investment, you can think more rationally. If you have done your due diligence, you will not be scared by the stock manipulators. 
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jackjack
Veteran |
18-Aug-2021 10:41
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Can't believe these people. When we warn before the plunge, if people listen how much money they can save. Instead some people thinks we are doing bad thing and have bad karma. For sure if you guys has such thinking, you will most likely won't win in market. Only think market go in 1 direction where buy is a good thing and selling is a bad thing | ||||
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StevenKan
Master |
18-Aug-2021 10:40
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Ahahaha.... thank for your comments but also can see your selfishness by hoping it down to $0.20. :p
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