Medtecs Intl    Last:0.124    +0.001

The next journey

Not to say about Main Board Listing, inclusion in MSCI is of no use as the shares 

 

MEDTECS INTERNATIONAL TO JOIN MSCI SINGAPORE SMALL CAP INDEX
- Index inclusion to take effect from 30 November 2020
Singapore, 16 November 2020 &ndash Medtecs International Corporation Limited (美 德 向 邦 医 疗 国 际 股 份 有 限 公 司 ) (&ldquo Medtecs&rdquo and together with its subsidiaries, the &ldquo Group&rdquo ), a leading personal protective equipment (&ldquo PPE&rdquo ) and hospital service provider, is pleased to announce that Medtecs will be included in the MSCI Singapore Small Cap Index with effect from 30 November 2020, after the close of market trading1.
Mr. William Yang (杨 威 远 ), Executive Director and Chief Executive Officer of Medtecs, said, &ldquo We are delighted to be included in the MSCI Singapore Small Cap Index as this marks an important milestone in our growth story, from a medical consumables supplier to a strategic national stockpiling partner for governments with global procurement capabilities. The inclusion serves as a strong affirmation of our market leading position, and will bring about higher trading liquidity and visibility to investors globally. Backed by our diversified regional production facilities and worldwide distribution capabilities, Medtecs is well-positioned to ride on the paradigm shift in global PPE as we capitalise on our niche positioning of global PPE manufacturing with our own Medtecs-branded products. We will continue to seek strategic long-term growth opportunities to maximise value creation for all shareholders.&rdquo
 

 

is the company in MSCI? i sat on huge paper loss due to greed lol.... Is there a news that they have been promoted to MSCI? if yes that is good news!

akasa888      ( Date: 10-Nov-2021 12:07) Posted: The shares are controlled by syndicate, once they have collected enough   they will push it up because fundamentally it is still a very profitable company   People blamed the management for doing nothing, but " old yang"   knows better as he has been    in this business for twenty over years, He knows he can' t fight the syndicate, and the right thing to    do is to preserve the cash and work hard to improve their revenue.     Right now,  the upgrade  to the main board is immaterial. The shares are already in MSCI, but it is still    going down because it is heavily manipulated by the syndicate   There is nothing we can do about it   The strategy is to be patient and wait for the syndicate to eat their fill   The King of Jack thought he has a crystal ball, but tell me tell you it so happen or lucky that you are in the right trend with    the syndicate   Remember, during the initial phase, this share went up to 20 cents. It was then sold off to 5 cents   From 5 cents, it went up again all the way to $1.98

 

The shares are controlled by syndicate, once they have collected enough

 

Don' t know people are naive to think covid goes away, or people are naive to think covid will still bring more money to medtecs. Covid has already been almost 2 years. People are wearing mask daily, there would be more people wearing more mask. Same as hospital, there wouldnt be more people wearing more ppe. Demand the most at stagnant, or worse, slowly going down. Take the fact that many has jump into bandwagon producing PPE last since year. supply is increasing out there. Go do research yourself whether medtecs have tap in new market or more profitable customer. Give them continue 5M profit every quarter is already very optimistic figure, considering they have been earning less than 1M PER YEAR prior 2020. Worse still if they didnt manage to cut down their expenses from less year, they probably going perform worse

Go wait patiently la guys, slowly wait until taiwan price also down, and slowly wait the well below expectation FY result come out. Dont say i create fear. Use your instinct to think la, why last year so much business but got time count profit early early do profit guidance for Q3, and this year why so keep quiet.

 

You should highlight to Health minister OYK.

Death is inevitable. Request LHL to make a live telecast to address to all Singaporeans that we have to accept thousands of death from Covid as there is no cure.

As Ho Chin has suggested, all Singaporeans should contract Covid and recover from it. Those who can' t are too bad. Once the weak ones are gone, Singapore won' t need to fear about Covid until the next deathly virus appears.

akasa888      ( Date: 10-Nov-2021 10:19) Posted: People are very naive to think that Covid will go away   Even Gahment all over the world are telling you to live and sleep with Covid   For more than 20 years, they can' t even find a cure for Aids and Ebola    Do you think those vaccines that were developed in a hurry can cure Covid.   You are in dreamland if you believe them.   Spore gahment alway highlight what you want to hear, out of 1000(example) infected, they will highlight    those 50 that were not vaccinated. Then what about those 950 cases ?   Covid is real and there is no cure. In Spore, everyday people are dying when gahment decide to live    and sleep with covid. This is a fact from MOH (not make up by me) and it is reported everyday

 

Agreed to what u said. Kongsi no hew, sgx also no hew. If kongsi is interested, surely their IR can call up regulator to find out what is lacking, correct it, and reapply. After all it' s about a year, surely sgx would hv given them a reply. Or both sides not interested.

ETLee8      ( Date: 10-Nov-2021 11:13) Posted: SGX must hv investigated and for some good reasons did not give immediate approval for move to Mainboard. The company on the other hand do not seem to bother whether it is approved or not.    No approval,  business as usual. My 2 cts worth. lailai      ( Date: 10-Nov-2021 10:16) Posted: Thks for your frank reply. Point taken. Kongsi IR like non existent. The last announcement in SGX was in aug when WY made a mistake buying for himself, instead of getting the kongsi to buyback since got mandate. Altogather, he has purchased 3 mil shares at various prices, probably lugi more than a $1 mil to the shorties. Now he also scared to touch liao, even though he talked so positive about the kongsi, but still cannot get out of sesdag to mainboard. Regulator like no hew, application like a long time ago, maybe a year liao, even aspen got transferred which now seems like a joke.  Also agreed with ETLee, highly manipulative stock, excellent fundamentals means nothing to the shorties

 

Bro, SGX counters are all manipulated we know..
Fundamentals will eventually prevail but need a steel heart and lots of patience.
Unless Medtecs started making losses..
Taiwan prices are much higher and CEO buying in Aug.
Ask why?
 

ETLee8      ( Date: 10-Nov-2021 09:55) Posted: This is a highyly manipulated stock.  One can not follow the fundamentals such as NAV, EPS, ..etc. When business was very good in July last year, the share price went up to $1.98 and never see tomorrow after that even though the pandemic got worse and business continue to do well. Now those who still holds substantial shares are waiting to cut lost.  There is only one way traffic now, whoever goes against the traffic is going to get hurt even more. Next level is 30 cts.  Once broken, u can see 25 cts coming. DYODD

 

SGX must hv investigated and for some good reasons did not give immediate approval for move to Mainboard.
The company on the other hand do not seem to bother whether it is approved or not.    No approval,  business as usual.
My 2 cts worth.

lailai      ( Date: 10-Nov-2021 10:16) Posted: Thks for your frank reply. Point taken. Kongsi IR like non existent. The last announcement in SGX was in aug when WY made a mistake buying for himself, instead of getting the kongsi to buyback since got mandate. Altogather, he has purchased 3 mil shares at various prices, probably lugi more than a $1 mil to the shorties. Now he also scared to touch liao, even though he talked so positive about the kongsi, but still cannot get out of sesdag to mainboard. Regulator like no hew, application like a long time ago, maybe a year liao, even aspen got transferred which now seems like a joke.  Also agreed with ETLee, highly manipulative stock, excellent fundamentals means nothing to the shorties. jackjack      ( Date: 10-Nov-2021 09:18) Posted: Im not god that predict every turning point. If you have following the thread all along you should have know that I have shorted at around 1 dollar to 50c+. If im so brilliant, i would have keep the short position until now. Unlike someone who just claim buy lowest sell highest after things have happened. Nonetheless im not shorting doesn't i am buying. I will buy if only i see potential or something which has good track record, so i dont have any magic ball to buy at lowest. But as said currently i dont see any potential from medtecs, especially with their management track recor

 

Get Real !! 

Medtecs is here to stay because there is no cure

Their products will be in demand for many years to come

We will have to live, eat and sleep with covid for a long, long time

and everyday, many more will die

This is the price to pay for living and sleeping with covid

 

 

People are very naive to think that Covid will go away

 

Thks for your frank reply. Point taken.
Kongsi IR like non existent. The last announcement in SGX was in aug when WY made a mistake buying for himself, instead of getting the kongsi to buyback since got mandate. Altogather, he has purchased 3 mil shares at various prices, probably lugi more than a $1 mil to the shorties.
Now he also scared to touch liao, even though he talked so positive about the kongsi, but still cannot get out of sesdag to mainboard. Regulator like no hew, application like a long time ago, maybe a year liao, even aspen got transferred which now seems like a joke.  Also agreed with ETLee, highly manipulative stock, excellent fundamentals means nothing to the shorties.

jackjack      ( Date: 10-Nov-2021 09:18) Posted: Im not god that predict every turning point. If you have following the thread all along you should have know that I have shorted at around 1 dollar to 50c+. If im so brilliant, i would have keep the short position until now. Unlike someone who just claim buy lowest sell highest after things have happened. Nonetheless im not shorting doesn't i am buying. I will buy if only i see potential or something which has good track record, so i dont have any magic ball to buy at lowest. But as said currently i dont see any potential from medtecs, especially with their management track record lailai      ( Date: 10-Nov-2021 08:30) Posted: No doubt Jj, u are right practically all the time regarding MT. Obviously u are very well connected. Would appreciate if u can sort of predict when the turning price will be, so that those who has the means to short can do so now, and cover later when it has reached rock bottom. Also those who think MT has a future can buy from that price onwards

 

You are king of shortists, from $1+ to $0.50+, i.e. more than 100%. 

jackjack      ( Date: 10-Nov-2021 09:18) Posted: Im not god that predict every turning point. If you have following the thread all along you should have know that I have shorted at around 1 dollar to 50c+. If im so brilliant, i would have keep the short position until now. Unlike someone who just claim buy lowest sell highest after things have happened. Nonetheless im not shorting doesn't i am buying. I will buy if only i see potential or something which has good track record, so i dont have any magic ball to buy at lowest. But as said currently i dont see any potential from medtecs, especially with their management track record lailai      ( Date: 10-Nov-2021 08:30) Posted: No doubt Jj, u are right practically all the time regarding MT. Obviously u are very well connected. Would appreciate if u can sort of predict when the turning price will be, so that those who has the means to short can do so now, and cover later when it has reached rock bottom. Also those who think MT has a future can buy from that price onwards

 

This is a highyly manipulated stock.  One can not follow the fundamentals such as NAV, EPS, ..etc.
When business was very good in July last year, the share price went up to $1.98 and never see tomorrow after that even though the pandemic got worse and business continue to do well.
Now those who still holds substantial shares are waiting to cut lost. 
There is only one way traffic now, whoever goes against the traffic is going to get hurt even more.

Next level is 30 cts.  Once broken, u can see 25 cts coming.

DYODD

 

Im not god that predict every turning point. If you have following the thread all along you should have know that I have shorted at around 1 dollar to 50c+. If im so brilliant, i would have keep the short position until now. Unlike someone who just claim buy lowest sell highest after things have happened. Nonetheless im not shorting doesn't i am buying. I will buy if only i see potential or something which has good track record, so i dont have any magic ball to buy at lowest. But as said currently i dont see any potential from medtecs, especially with their management track record

lailai      ( Date: 10-Nov-2021 08:30) Posted: No doubt Jj, u are right practically all the time regarding MT. Obviously u are very well connected. Would appreciate if u can sort of predict when the turning price will be, so that those who has the means to short can do so now, and cover later when it has reached rock bottom. Also those who think MT has a future can buy from that price onwards. jackjack      ( Date: 10-Nov-2021 01:24) Posted: Tell you lets say medtecs able to maintain their last quarter profit about 5 mil for all the upcoming quarter for next few years, the current price also translate to pe ratio about 8 to 9, which is to me just a fair price. That is considering a big IF they can maintain such profit instead of going downtrend which they likely do, based on their past history. Before covid they made less than 1 mil for 1 whole year. Use your head think properly whether Yang family do you a miracle la. If they really venture into some other thing which has potential future, I dont mind long this stock. But for now i totally dont see they do anything useful

 

jackjack      ( Date: 10-Nov-2021 01:24) Posted: Tell you lets say medtecs able to maintain their last quarter profit about 5 mil for all the upcoming quarter for next few years, the current price also translate to pe ratio about 8 to 9, which is to me just a fair price. That is considering a big IF they can maintain such profit instead of going downtrend which they likely do, based on their past history. Before covid they made less than 1 mil for 1 whole year. Use your head think properly whether Yang family do you a miracle la. If they really venture into some other thing which has potential future, I dont mind long this stock. But for now i totally dont see they do anything useful

 

No doubt Jj, u are right practically all the time regarding MT. Obviously u are very well connected.
Would appreciate if u can sort of predict when the turning price will be, so that those who has the means to short can do so now, and cover later when it has reached rock bottom. Also those who think MT has a future can buy from that price onwards.

jackjack      ( Date: 10-Nov-2021 01:24) Posted: Tell you lets say medtecs able to maintain their last quarter profit about 5 mil for all the upcoming quarter for next few years, the current price also translate to pe ratio about 8 to 9, which is to me just a fair price. That is considering a big IF they can maintain such profit instead of going downtrend which they likely do, based on their past history. Before covid they made less than 1 mil for 1 whole year. Use your head think properly whether Yang family do you a miracle la. If they really venture into some other thing which has potential future, I dont mind long this stock. But for now i totally dont see they do anything useful

 

Tell you lets say medtecs able to maintain their last quarter profit about 5 mil for all the upcoming quarter for next few years, the current price also translate to pe ratio about 8 to 9, which is to me just a fair price. That is considering a big IF they can maintain such profit instead of going downtrend which they likely do, based on their past history. Before covid they made less than 1 mil for 1 whole year. Use your head think properly whether Yang family do you a miracle la. If they really venture into some other thing which has potential future, I dont mind long this stock. But for now i totally dont see they do anything useful

 

I try to warn people since dropping from 1 dollars, a lot people bash me trying talk down the stock ma. Drop to 80c also bash me. 50c also people bash me. 40c also people bash me. Now 30c. This society is like this. People like to listen to people who paint fake good picture, rather than harsh truth. Go listen to the guy who tell you that he is so smart that he buy at low and sell at high, and also bring out karma to talk ah, say those create fear will get punished in future ah. Who is the good guy and that bad guy now? The guy who drag you to sinking ship is a good guy huh. If you get trapped by this clown seriously serve you right

iinvestor      ( Date: 09-Nov-2021 21:40) Posted: Already advise sell many months ago....still got promoters talk n talk. NATO speaks a lot abt quality of this mgt and of course what was a lousy business before pandemic and still is. My last post.

 

As a matter of fact, the company did make good money during the pandemic.

The share price has soared from penny to mid-cap, $0.05 to $1.80++. Even at the current price, it is still a huge percentage gain.