Medtecs Intl    Last:0.123    -0.001

The next journey

Still v. weak, unless company do shares buyback

 

Good if can break day conversion convincingly

 

Maybe got chance if 340 breaks. Something brewing? Hopefully some positive announcement. Cheers.

desmondxyz      ( Date: 16-Nov-2021 12:03) Posted: looks like good result coming   lailai      ( Date: 16-Nov-2021 11:44) Posted: Think 35c got to wait maybe the next few days or at best 2molo lah. Currently TW up max 10% restriction, at 67c, think sgx likely close at half price 33.5c for tdy.

 

looks like good result coming
 

lailai      ( Date: 16-Nov-2021 11:44) Posted: Think 35c got to wait maybe the next few days or at best 2molo lah. Currently TW up max 10% restriction, at 67c, think sgx likely close at half price 33.5c for tdy.  moron101      ( Date: 16-Nov-2021 11:36) Posted: Go go go. 35 cts possible today?

 

Think 35c got to wait maybe the next few days or at best 2molo lah.
Currently TW up max 10% restriction, at 67c, think sgx likely close at half price 33.5c for tdy. 

moron101      ( Date: 16-Nov-2021 11:36) Posted: Go go go. 35 cts possible today?

 

Go go go. 35 cts possible today?

 

GOGOGO!

 

How to go up when that running dog is still around,

barking at anyone who dare to buy

Obviously, he is paid to do the job

 

So far W2 31 is holding like an invinsible fort, but think W3 36 is impossible target to capture, not for the short term lah. 
Maybe weeks later can, though the current price in TW is 63c vs SGX' 31.5c, exactly twice. What a joke in the local market.

SgYuan      ( Date: 16-Nov-2021 08:35) Posted: w2 310 must hold then w3 come

 

Why sh WY buy now if he can get it much cheaper just days away.??
Anyway whatever he buys is just for Show not for Dol.

3jhuat      ( Date: 15-Nov-2021 19:07) Posted: Medtecs spend 2.85m for 3 m shares. Now if they spend 3+m can buy 10m shares I don't know why is WY waiting ETLee8      ( Date: 15-Nov-2021 16:44) Posted: The Malaysian gloves co used the share buy back strategy to support their share price. Medtecs certainly is not using this strategy and do not expect much from them now. From the last 2 years, it is clearly they are advocating different strategis. i expect Medtecs price to push down much further at this time before they initiate share buyback.  DYOD

 

That why it is important not to listen too much to those naysayers

These are just big mouth idiiots, creating fear without any substantial facts and figure

Make some peanuts money and thought he is very smart

And the worse thing is that he is talking nonsense without any position

To me, he is just an armchair critic, a hater and speak and shout without any responsibility 

He look down on penny and though that a penny will always remain a penny

Without knowing that all big companies start from small

 

Please note that he did not sell all his stake at 20 cents

He sell down and his average selling price is at 13.4 cents

He must be kicking him after it went up to 1.98

Not only that, at that time, many curse and swear at him

He resigned not long after this citing medical health issue

 

Exactly, those who have ridden the roller coaster from the day dy chairman dumped his stake down to $0.05 and thereafter a reversal comeback, should know well the beta risk associated with this counter. It is not a blue chip with steady trajectory. Highly speculative but yet the fundamentals are intact. For sure it is not losing money nor burning cash. And market demand still exists for their products.

akasa888      ( Date: 16-Nov-2021 08:34) Posted: Just to correct that the duputy Chairman, had since resigned immediately after he sold off his stake He was given this position after he took a private placement at $0.068 After he sold off at 20 cents, the stock went down to 5 cents and then recover and went up all the way to $1.98. He make about 10 millions, if he had hold on, he would have make hundred of millions

 

w2 310 must hold
then w3 come

 

Just to correct that the duputy Chairman, had since resigned immediately after he sold off his stake

He was given this position after he took a private placement at $0.068

After he sold off at 20 cents, the stock went down to 5 cents and then recover and went up all the way

to $1.98. He make about 10 millions, if he had hold on, he would have make hundred of millions

 

The ways to grow value for the company are sustainability in revenues and earnings, diversify markets and production and new products developmen, with strong R$D. The management are on track pursuing these.

Their performance is kept close to their chest. Remember their dy chairman sold all his stake below $0.20 ar the onset of pandemic. Being an insider, he should know better.

So the market can only guess the upcoming results. There may be strong upside surprises. Those who are selling and shorting do not have the full facts. The company stock is not worth nothing for sure. Stay vested

Sharetrade8888      ( Date: 16-Nov-2021 00:32) Posted: Hi all im newbie here please help me understand whats the value of this stock post pandamic because after looking at its performance since 2003 to date it seems like its financial condition has reached a different state i.e alot of free cashflow etc..even if strip out the inventories and mark to mkt at only 25% of last reported figure its still got easily more then 100mio worth.Just wondering why afew of the experts here keep talking like this stock is worth close to nothing. I just want to learn from the experts here thank y'all so so much

 

Very good question, glad you are here.

You hit the bull eye

Let see how that smart aleck answer 

 

Hi all im newbie here please help me understand whats the value of this stock post pandamic because after looking at its performance since 2003 to date it seems like its financial condition has reached a different state i.e alot of free cashflow etc..even if strip out the inventories and mark to mkt at only 25% of last reported figure its still got easily more then 100mio worth.Just wondering why afew of the experts here keep talking like this stock is worth close to nothing. I just want to learn from the experts here thank y'all so so much

 

because someone tell them they can then they thought can ma. hahaha. if can do many will do already lo
only fund managers who has access to multiple market may do arbitrage by increasing position at lower price and reducing postion from the one at higher price, or open short position if they are allowed to until the price converge.
that said the price difference shows this stock has little to no interest for big institution

Due_Dilligence      ( Date: 15-Nov-2021 12:18) Posted: You can never do this conversion. Just stop this. It just no brainer. lailai      ( Date: 15-Nov-2021 12:16) Posted: If can convert to TDR, think many will do it lah. Even got to wait for 2 months, many will buy at half price in sgx, transfer to Tw, and wait for 2 months to sell there for huge profit of 90% at current price. At current price of 31.5c in sgx, how much lower can it go?

 

With all the big talks going on, how pandemic worsen, the share price go nowhere, slightly up today because driven by Top glove because Malaysia glove counter will up today. Not surprise at all, nobody expecting demand will increase as it has already peak
If I would want to invest money on medical, i would rather go for recovery play. Raffles, Q& M Singmed etc. Even if i would want to bet on recovery on PPE, I would go into big guns like top glove or riverstone, who has better reputation on earning substantial profit, and not a penny company who earn peanut like medtecs before covid. Worse still has most firm has provide their result and give investor a grasp on how the current ASP and whether the share price justify. But medtecs is the only one who is hiding something. Last year give Q3 guidance, this year skip. And some other say, one day announce want to transfer to mainboard and now all quiet (although to me, going mainboard is nothing so significant).  This kinda management you want to trust and invest? Choices are yours

If you think im here to create fear to make the price down, i honestly tells you, the price going down doesn' t benefit me anymore since i have told i have covered the short position since it was 50c+. Im just here to provide fair and factual view which makes me decide to short on the company back then. Unlike those Yang hire scumbag who try to do marketing with fake beautiful picture, telling you that they are undervalue, they are the leaders in PPE, they will make more in 2H etc, so they can find scapegoat to unload their shares. In fact, i hope the price will go up unreasonably too, so it creates new opportunity to short at more unjustify price. To think about it, the share price also need to go up about 70-80% to reach my last short cover price. Look at how much this stock and fall, how much all these clown has promote to people to buy and make them lose money.

If you are really stuck in this stock, please PM the particular scumbag to beg him buy from the market since he claim that he sold 5 mil share at 1.97. With that he can buy his beloved stock, at the same time saving many retailers from getting out, since he also likes karma so much. This also create good opportunity for our traders too.

I sincerly hope those pity retailers have a chance to get out, especially those who pm-ed me and say they are really lost. I am no position to save you, learn a lesson when you trust all these people, who try to flame me when i give a warning with facts. By any slim chance if there are a pump and dump to trap new retailers, please dont be greed and reduce loss. Afterall if this stock really go up 35c, 38c or 40c, these people will come hu hu ha ha again and tell you things like
" see i tell you it is going up?"
" where is JackJack, must be the runner run away"
all these nonsense, and poeple will start forget the fundamental of this penny stock again, and they also forget can these people also the one ask you to buy since 1 dollar, 90c, 80c and 60c, but making a big fuss when it goes up 5c or 10c

Good luck people