Medtecs Intl    Last:0.123    -0.001

The next journey

what has changed? Same old directors. I remembered then they came out with initiatives to transfer shares from Singapore to Taiwan which were trading at higher price, Guess what, before I could apply, these directors aleady transferred theirs' leaving no quota for the ordinary shareholders. It was then that I realised the initiatives was created for themselves

Sharetrade8888      ( Date: 17-Nov-2021 21:03) Posted: Guess you are a very busy person. My condolence. If you do your research again recently and compare what the company's financial state now and still stick to the old mindset that it will go to 3cts again than you may wanna continue your busy schedules making money elsewhere. Situation has changed. Then cash very few mio but high debt load now debt very low free cashflow high. Dyodd

 

Wa daigor thanks for coming in with your wisdom. If the new business is not worth doing wonder why they bother also. This company was not making much pre COVID but now is financially sound and even if they go back to the old days of just filling the orders making a million USD annually the cashpile that they have now will evaporate anot. Unless really anyhow spunk it away lah. So in view of this what do to see the value of this stock post COVID? Kamsia

 

Bro, Jialat leow lah.

The Company& rsquo s 3Q 2021 performance is not expected to be as strong as the first half of the financial year ending 31 December 2021, but the Group will remain profitable.This is mainly due to existing customers completing their stockpiling exercises in 2020

Note: This statement is quite ambiguous, how can a 3 months result be compared to a 6 months result

Taiwanese English not so good lah.  Basically it means Q3 result not so good lor
Remember my previous assessment.  It is happening now.
DYODD

akasa888      ( Date: 17-Nov-2021 18:58) Posted: The Company&rsquo s 3Q 2021 performance is not expected to be as strong as the first half of the financial year ending 31 December 2021, but the Group will remain profitable.This is mainly due to existing customers completing their stockpiling exercises in 2020 Note: This statement is quite ambiguous, how can a 3 months result be compared to a 6 months result     We have several ongoing stockpiling projects for PPEs and military uniforms in the Philippines, which are expected to provide additional streams of revenue that will positively impact the Group&rsquo s bottom line for the financial year ending 31 December 2021. Note : This statement is quite positve, several ongoing stockpiling projects for PPEs and military uniform. But, it did not state the value

 

That announcement probably triggered a gap down from 80 to 70 perhaps due to the weekend effect that cause many weak holders to cut losses there after the share price went down till last week. Of cos the program selling in medical stocks have been successfully whacking the whole complex down but each of these stocks be it gloves ppe etc..have their own financial conditions on top of other fundamental factors so eventually the chain will decouple let's see when the short group stop the bite.

 

On August 13th announcement already mentioned a forward looking statement. Please open the sgx announcement to read. The stock price then and now. Cheers

 

I am surprised to see that people are still living in the 80s

 

The Group remains "profitable" please note. Not superior profits but normal profits is also good. Market probably have factored in this news. It could be that once this vague announcement is out of the way, the trigger for SBB is around the corner. To me, it will be another opportunity to buy on dips. Oversold territory.

 

Finally, that stray admitted that he based on instinct and feel to  ask people to sell

 

2019, this stock was 0.04 to 0.05 and had problems making profit unless the weather is hazy.
It should go to sub20 but not revisiting sub 10. Perhaps 0.15 is fair price post pandemic.

TheMatrix      ( Date: 17-Nov-2021 22:16) Posted: Few months ago, I still remember this stock is price at 0.925.... jackjack      ( Date: 17-Nov-2021 22:11) Posted: And i repeat myself again, creating fear and making the price drop does not benefit more since i already cover abv 50c. In fact, i really really hopes it can go up, let you people hu hu ha ha happy happy bash me, so at unreasonable price means it creates another opportunity to short this meant to be penny counter again.  Looks like that opportunity become slim now. Whether you want to listen to brutal honest truth, or you want to listen to fake nice lies, learn your lesson Good luck guys, i still hope it goes up ya, please beg a particular fella to buy up 30 mil shares from the market where he claim he made a lot from this counter alone

 

Few months ago, I still remember this stock is price at 0.925....

jackjack      ( Date: 17-Nov-2021 22:11) Posted: And i repeat myself again, creating fear and making the price drop does not benefit more since i already cover abv 50c. In fact, i really really hopes it can go up, let you people hu hu ha ha happy happy bash me, so at unreasonable price means it creates another opportunity to short this meant to be penny counter again.  Looks like that opportunity become slim now. Whether you want to listen to brutal honest truth, or you want to listen to fake nice lies, learn your lesson Good luck guys, i still hope it goes up ya, please beg a particular fella to buy up 30 mil shares from the market where he claim he made a lot from this counter alone

 

And i repeat myself again, creating fear and making the price drop does not benefit more since i already cover abv 50c. In fact, i really really hopes it can go up, let you people hu hu ha ha happy happy bash me, so at unreasonable price means it creates another opportunity to short this meant to be penny counter again. 
Looks like that opportunity become slim now.

Whether you want to listen to brutal honest truth, or you want to listen to fake nice lies, learn your lesson

Good luck guys, i still hope it goes up ya, please beg a particular fella to buy up 30 mil shares from the market where he claim he made a lot from this counter alone

 

Indeed. Must read very carefully the announcement word by word ok. Also in order to understand the full context of the text if would good to not skip any part lah. I will not repeat again. Do your own analysis your money your call. For me selling may continue but when my most ideal price come i will gladly pick my fill. Cheers Dyodd

 

Well some people keep bashing me, saying that im creating fear WITHOUT FACTS. Am I?? Or they are Yang hired forumers asking create trap asking people to buy for them to unload. 

Profit drop faster than other PPE counter -> bad sign
Q2 result does not give anymore profitable guidance -> bad sign
Last year Q3 quick give guidance, this year no -> bad sign
In the past, always 1 time wonder -> bad sign
Many more bad sign that i lazy to repeat myself again

They talk like all this things is i created by myself. LOL
When this stock price go up few cts for 1-2 days all talk big big. HOW MANY TIMES ALREADY?? 
Can' t believe the company decided to tell you whatever i have been telling you all
I wonder what is that old tart akasha wants to give any further excuses, maybe now he will say Medtecs trying to create fear without facts, so they can buy low.
As a clown whatever excuses also can give one la, maybe all these clowns already medtecs unload finish already, now can tell you the truth

SO GUYS OPEN YOUR EYE BIG BIG, READ THE ANNOUCEMENT AND ASK YOURSELF WHETHER TO TRUST A GUY WHO TELLS YOU IT IS A NO BRAINER THAT THEY WILL EARN 40MIL BY YEAR END BECAUSE THEY WILL DO BETTER

This time not i say want har, is the company decided to tell you
 

 

If really no eyes see wouldnt it be better to move eslewhere why waste time here. One should do own due diligence before using own money to make own investment decision. Seriously everyone should do your own due diligence ok. Be it shorting or buying for investment.

 

Come let me clap for your one time glory dunno how old you are but would be more mature if you respond in a more civilise manner. Also unless you have any real proof you may wanna share it with us so that you can be the real hero in here. I dunno when the other experts will appear the give their repeated logic like you. I will thank you when i get my most ideal buy price filled. Btw of cos when put money on the table it would be better to use free cashflow lah if need to borrow to do than might as well go work hard and get paid after job is done why stress oneself up.

 

More than one year since the downtrend of medicals started. More than one year on and there are still people believing in this. 

Reality is indeed hard to accept sometimes

 

You're welcome. And good luck in buying and holding it. Dont sell and crate panic ya

3jhuat      ( Date: 16-Nov-2021 16:33) Posted: We all must thank Jack for his achievement in alerting people to sell Medtecs and pushing to this price for us to buy. Thank you Jack!

 

To all the jokers and clowns in this forum. You know who you are. What did i told you guys?? 2H will be worse than the 1H. Looks like company today decide to announce this HONEST TRUTH. Who is the one who claim they will make 40mil for FY??? What a joke. All my instinct and facts tells you that this company is hiding something and wont make more money. Believe to all this scumbags more la. GOOD LUCK YA

 

Guess you are a very busy person. My condolence. If you do your research again recently and compare what the company's financial state now and still stick to the old mindset that it will go to 3cts again than you may wanna continue your busy schedules making money elsewhere. Situation has changed. Then cash very few mio but high debt load now debt very low free cashflow high. Dyodd

 

I remembered I was holding Medtec at this price post SARS. Forgot to sell. Then it became $0.03 after 1 year, Worst is company claimed profitable every year but no dividends, and like typical Taiwanese, the directors are fayly paid every year. Sold off after a few years at a huge loss before COVID.

Advice to those holding is to quickly sell off before it went to $0,03 post covid