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Well it depends on individual interpretion of the announcement. For me I read profit guidance but some read it as profit warning so to each his own. Regarding share buybacks we don't know when it will suddenly happen or not but we know that their war-chest is there and if need to can be activated. Local mkt is very transparent and strict numbers don't lie. The boss collected about 4mio dividends recently no one knows if he will pump in to pick some values one day. Only he will know.
Perhaps there were rumors that they are no longer profitable or making loses. Thus, wanted to clarify that they are still profitable but fair warning that Q3 is not as strong as 1H
They still very cash rich no need warning just do share buyback will do.
Stocky901 ( Date: 17-Nov-2021 19:24) Posted:
Warning shortists not to short? I think company very stupid. 🙄 🙄
Midtermer ( Date: 17-Nov-2021 19:04) Posted:
| Just thinking aloud why need profit guidance for volunteery financial update? Something's not right imo. Seems like a warning shot to some shareholders to take action |
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Local market likes transparency so you may interpret what the full text of this announcement means, it makes you guessing be it you are on the buy side or the sell side. But one thing for sure is this stock has scared away many short term contra ppl hence going forward a healthier state of stock price movements.
Warning shortists not to short? I think company very stupid. 🙄 🙄
Midtermer ( Date: 17-Nov-2021 19:04) Posted:
Just thinking aloud why need profit guidance for volunteery financial update? Something's not right imo. Seems like a warning shot to some shareholders to take action.
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
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I am still trying hard to understand why they compare it in this way
or is there a hidden meaning and need us to read between the lines
Can anyone here help to explain
Finally the much anticipated news us out. Next will probably be the analyst reports and from the way the price been moving can't expect them to say much good about the latest performance but much of these events are already baked into the price at present rate. Guess the short side will try to come in from time to try choke the topside hoping that those weak holders sell so that they can continue with the program selling. Lets hope script supplies are thinning out there making them having to work harder to squeeze last last punches of blood from here from here on. Not much meat left for them going forward
Just thinking aloud why need profit guidance for volunteery financial update? Something's not right imo. Seems like a warning shot to some shareholders to take action.
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
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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
PROFIT GUIDANCE FOR THE QUARTER ENDED 30 SEPTEMBER 2021..https://links.sgx.com/1.0.0/corporate-announcements/B2GD7UTYU2L4HYNJ/691202_Medtecs_Profit_Guidance.pdf
Price difference is very normal.
This is similar to the Korean co Pan Ocean where the price in Korea converted to sing is almost twice the SG share price.
However if TW share goes up, perhaps u may use it as a reference.
Beware too maybe a trap to get more into the labyrinth
DYODD
lailai ( Date: 16-Nov-2021 18:04) Posted:
Volume traded in TW tdy is also very hi at 8.6mil.compared to the last 4 weeks usually with daily trades of just 1.0+ mil.
Shows TW may know something we are ignorant in sgx, that' s y their share price is 2x (67c) that of in sgx (33.5c).
Hope it is an indicarion of better price to come.
easywin ( Date: 16-Nov-2021 16:27) Posted:
| Taiwan Medtecs now S$0.65, Singapore more to catch up |
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momentum is fast then my chart
hope it continue
Volume traded in TW tdy is also very hi at 8.6mil.compared to the last 4 weeks usually with daily trades of just 1.0+ mil.
Shows TW may know something we are ignorant in sgx, that' s y their share price is 2x (67c) that of in sgx (33.5c).
Hope it is an indicarion of better price to come.
easywin ( Date: 16-Nov-2021 16:27) Posted:
| Taiwan Medtecs now S$0.65, Singapore more to catch up |
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maybe 3 cts dividend on the way
Money, Money, Money
Very funny
In a rich men world
Don' t be too happy too soon
SPCA still have not catch that stray
Very dangerous, got mad dog disease and rabies
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!
Taiwan Medtecs now S$0.65, Singapore more to catch up
ole ole ole....
Hold tight..
Today Taiwan limit up 10% to 1.375 or 67c.
Dyodd and dun sell cheap.
