Vicplas Intl    Last:0.079    -0.001

Construction Material & Bio-Medical Outsourcing

Bank borrowings increased to $8.6 million at the end of FY2019 from $2.8 million at the end of FY2018 mainly due to additional banking facility utilised to finance the business expansion of the medical devices segment.

Extracted from the 2019 annual report
They have already expanded their medical in anticipation of increase in sales order ?

 

20 years ago it?s highest price ever was 43 cent
It took vicplas 20years later to going to overcome this historical high price.
It is really really Long two decades.
What a Long wait
Better late than never.

muifan      ( Date: 08-Aug-2020 18:10) Posted: One thought that I have, vicplas is reporting in sept I think should be one of the last , while the main medical related counters are reporting in Aug. That means there is a high chance when those that sell off their holdings of other medical / Gloves counters , the liquidity might all Into this one to speculate. Hope I am right lol...

 

Really cannot Imagine right ?
$1
Previously , the directors kept very Low profile and keep doing share buyback.
Now they want buy back Low price also hard because the bbs already scooped up so many shares
Furthermore, almost all the gloves and masks companies will have reported earnings after ndp.
Vicplas results is almost the last in end Dec
Traders from those post results gloves and masks may join in here to have fun.
So $1 in September is a crazy dream.
Absolutely breathtaking If it can follow UG pattern
Hold and watch with excitement

muifan      ( Date: 08-Aug-2020 18:35) Posted: I expected the retrace on Friday as I want to hop in .. but it didn?t come .. so I think this bull quite power Isdn reporting done , maybe those that cash out will Chiong in here , With a few more gloves related counters next week, the liquidity might spill over to vicplas which in September is one of the last to report , maybe the Bb already anticipated it thus the steep rise ... AttasBoss      ( Date: 08-Aug-2020 18:25) Posted: A profit making Co for past years, the qns now is how much increase and benefit from this covid. Need to retrace and consolidate for the next running, now the price is too steep up its not healthy.

 

I expected the retrace on Friday as I want to hop in .. but it didn?t come .. so I think this bull quite power

Isdn reporting done , maybe those that cash out will Chiong in here ,
With a few more gloves related counters next week, the liquidity might spill over to vicplas which in September is one of the last to report , maybe the Bb already anticipated it thus the steep rise ...

AttasBoss      ( Date: 08-Aug-2020 18:25) Posted: A profit making Co for past years, the qns now is how much increase and benefit from this covid. Need to retrace and consolidate for the next running, now the price is too steep up its not healthy.

 

A profit making Co for past years, the qns now is how much increase and benefit from this covid.

Need to retrace and consolidate for the next running, now the price is too steep up its not healthy.

 

One thought that I have, vicplas is reporting in sept I think should be one of the last , while the main medical related counters are reporting in Aug.

That means there is a high chance when those that sell off their holdings of other medical / Gloves counters , the liquidity might all Into this one to speculate.

Hope I am right lol...

 

This is a company with fundamentals to make profits for years before covid and unlike some who have been posting years of losses
With this covid boom, we don?t know how much profits they have generated till now
But for sure, they won?t be losing money Nor their profits will be lower than the previous year
The issue is their second half of profits increase by how much
I can see 50 cent breakout soon and will it follow UG path and quicken to 80-90 before a correction.
We wait to see.
Stock won?t rise in a straight line
So maybe it will do a 80 then correct a 20 pct then move up again which is healthy

May this Vicplas bring us a new avenue of medical bull stock

 

Article in June, but just posting again! Forefront medical has invested in refurbishing their clean rooms to serve their advanced manufacturing processes for medicalc products. This alone puts a lot of competitors off, unlike surgical masks / PPEs where competition is high and margin is low. We won' t know how high, the BBs do and 27th seems like awhile more. Excited to see how strong this bull can be. Just in my humble opinion, cheers

Firm' s $1.5m investment to refurbish facility pays off 
https://www.straitstimes.com/singapore/firms-15m-investment-to-refurbish-facility-pays-off?xtor=CS3-18& utm_source=STiPhone& utm_medium=share& utm_term=2020-08-08%2015%3A08%3A26
 

 

bro.. anything can be possible in stock market. hahaha 
haiyaa..  some counter without strong fundamental also shoot up that why make no sense.. for others.
And this counter been doing well past few years also make no sense to other why didnt go up in the past. 
If stock investment is so easy just by looking at fundamental.. " FOR sure profit making" then everyone will be millionaire. 
but in realiity this is not happening. Fundamental is just a guide prevent you from investing into bad debt or empty shell.     

muifan      ( Date: 08-Aug-2020 09:49) Posted: $1? i cannot imagine ...

 

Boss Expert, you are here to provide your opinion?

From SingTel, to Sembcorp . You are truly an Influencer of the Highest Order.

Dear Forumer, do becareful of this " Mother Of All Mouth"

TA_Expert      ( Date: 02-Mar-2020 01:56) Posted: The same counter as Medtec punted by many. Many spread positive about the company to attract buyers so that they can cash out at high. Some directors also took this opportunity to cash out. Watch out the valuations and the sustainability after this outbreak is over. Medtec has been trading at $0.03-0,05 for years before pushed up by speculators. Why did the company trade at this level for years? You should go and study the business to dervive your own conclusion.

 

$1? i cannot imagine ...

 

We are on our way to 50 next week 
looks like the medical segment of this company is going to balloon due to covid 
27th sept results seem like the bbs alrd have news of it

May we have the fortune that it will run beyond our imagination pass $1 after breaching 50 cent 
I hope to see share placement and stock split as bonus if the price ever surges to $1.
wish everyone Huat here 

churnw      ( Date: 07-Aug-2020 18:07) Posted: Last min closed at 0.39.... Next week will ready to open at $0.4

 

Last min closed at 0.39....
Next week will ready to open at $0.4

 

wow super strong..on the way to 50c next week

 

Nice closing 39
 

 

next week open 40 likely 

 

Any Counter belong to TCM..maybe can try hahahaha

 

Next week is the 50 cent day
quite excited about it
bb collected a lot at 38-39
ready next week

wiltay      ( Date: 07-Aug-2020 16:18) Posted: i think that group of panic sellers...got influenced by the medtecs counter.. weak hearts... cherrs for next week Slowandsteady      ( Date: 07-Aug-2020 16:15) Posted: Sell wall so thick, yet 0.385 still so attractive. Not sure if concluded for the day or not. Excited for next tuesday morning action again

 

i think that group of panic sellers...got influenced by the medtecs counter.. weak hearts... cherrs for next week

Slowandsteady      ( Date: 07-Aug-2020 16:15) Posted: Sell wall so thick, yet 0.385 still so attractive. Not sure if concluded for the day or not. Excited for next tuesday morning action again

 

Sell wall so thick, yet 0.385 still so attractive. Not sure if concluded for the day or not. Excited for next tuesday morning action again