Medtecs Intl    Last:0.123   -

The next journey

Simply because there are still many diehard fans calling no $3.88 or $4, no sell.

They continue to think that the pandemic will continue for years, so that all these medical related companies can continue to draw huge profit margins.

In fact, this pandemic is much longer than SARS, so it gave the impression that it will continue for 5-10 years. Everytime, there is a news on new variant emerges, these people got many excited, and they are convinced that that the pandemic will continue for more years to come.

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.

 

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.

 

已 经 回 到 解 放 前

 

Another new low. Quote by some guy who ask you to believe him that we buy lowest and sell highest, " few cents only, just noise" . After drop to 20c region also few cents. Dont worry ya

Well well, past 1 month already drop 20%, if you buy earlier, worse still. Good luck to those who believe the clown.

 

Going to have short squeeze this week. Medtecs's NAV is 46 cents. don't sell cheap.

 

Actually, in all fairness, I still think Medtecs is doing very well compared to pre-covid. However, as this year financials have shown, the sales have been going down in comparison to last year. 

Forward looking market will say that the true value of their yearly revenue remains a big question mark as there is currently still no signs of stabilisation in their sales and revenue. If they can continue keeping up their revenue for the next few quarters without it dropping, I think only then you can really use the NAV/PE to determine value. At this moment, it is all but speculation.

One of the key reasons as to why I sold, despite the company management previously harping on the mainboard transfer, there has been no actual action taken. It' s been a year now since their mainboard application and there have been no consistent updates, no follow up with SGX, nothing. Moreover recollecting how they previously assured the stockholders that the demand is still there and that the prices of PPE and raw materials have somewhat stabilised, the latest financials definitely does not seem to be reflecting this. 

jackjack      ( Date: 08-Nov-2021 13:35) Posted: Great that you understand. Just there are always people bring up the history, past dividend, past profit and those NAV or PE nonsense to tell you how undervalue is it. Many end up will actually realize that there are stock traded well below their NAV for many years. NAV for manufacturing business really means nothing. Those can generate gain like AEM, UMS they can trade way high than their NAV because they are consistance generating high profit. Market is always forward looking. Even though covid is still on going, the company profit already sink terribly, way faster than other PPE counter. As said, no more new catalyst as world is working toward normal life. Seriously dont understand people still think this counter has high growth. Demand for ppe has peak previously and wont go up anymore, in fact is either going to stay or go down. Supply has been going up due to mass expansion previously. So where is the growth moving forward? I dont see medtecs venture into something which has potential with their cash. Like you said, the management are also NATO. And remember, before covid medtecs is a penny stock that doesn' t earn alot of money. Trust me, if they going to do better in H2, they will be the first to come out with a profit guidance announcement to show off. That is how medtecs works all the while in the past I have previously said before i have no prejudice on this stock and have no problem buying medtecs, if they are show or proof they can do well moving forward, but things are pretty clear on the table now. Just dont understand why people stiil delibrately to paint false nice picture to lure victim into this stock, maybe want some blacksheep for them to unload. And then they about being kind. I dont know whether telling the truth are kind people, or dragging people to sinking ship for their own benefit are kind people ec0101      ( Date: 08-Nov-2021 13:07) Posted: I' m not sure if anyone still remembers me, but I have been holding this stock for a very long time. To clear my position on the matter, I have sold out at a huge loss at 0.385 back in September. I personally see this as a big failure on my part for being stubborn and sticking to the fundamentals where I kept holding onto the fact where Medtecs profit is now way over what it used to be pre-covid, and the fact they' ve improved their supply chain, gone B2B, increased their profit margin due to OBM model... and it was still undervalued even at that point when I was in the green. Lesson to learn here, fundamentals alone mean nothing if there is no real support from the management. Someone mentioned NATO, and that applies the same to the management of Medtecs. After those small buybacks, nothing else has been done. Same for the news about moving to the mainboard. The sessions held previously together with UOB, Kim Eng, Philips and etc, all the reassurance about continuous good profit/sales, where have all those gone to? I finally decided enough is enough, truly regret that I did not follow people like Greg who sold off at $0.8X where looking back now, it is so much better than its current price. From the way I see it, there' s really no new catalysts for this stock. Unless a new pandemic starts.

 

Good luck. Doubt it will take long before you can " nibble" again at the 0.2x range

classic example of a bottomless pit

Longtermer      ( Date: 08-Nov-2021 15:20) Posted: I am nibbling recently. Sold substantial holdings 5 to 6 months back but at this level, its time to accumulate imo. Taiwan TDR is trading at about 60c and closed about 0.5% up today. Wish me luck.. Cheers.

 

I am nibbling recently.
Sold substantial holdings 5 to 6 months back but at this level, its time to accumulate imo.
Taiwan TDR is trading at about 60c and closed about 0.5% up today.
Wish me luck.. Cheers.

 

 

Below 30 cents soon. Cut loss now. No regret. 🤕 🤕

 

Great that you understand. Just there are always people bring up the history, past dividend, past profit and those NAV or PE nonsense to tell you how undervalue is it. Many end up will actually realize that there are stock traded well below their NAV for many years. NAV for manufacturing business really means nothing. Those can generate gain like AEM, UMS they can trade way high than their NAV because they are consistance generating high profit.

Market is always forward looking. Even though covid is still on going, the company profit already sink terribly, way faster than other PPE counter. As said, no more new catalyst as world is working toward normal life. Seriously dont understand people still think this counter has high growth. Demand for ppe has peak previously and wont go up anymore, in fact is either going to stay or go down. Supply has been going up due to mass expansion previously. So where is the growth moving forward? I dont see medtecs venture into something which has potential with their cash. Like you said, the management are also NATO. And remember, before covid medtecs is a penny stock that doesn' t earn alot of money. Trust me, if they going to do better in H2, they will be the first to come out with a profit guidance announcement to show off. That is how medtecs works all the while in the past

I have previously said before i have no prejudice on this stock and have no problem buying medtecs, if they are show or proof they can do well moving forward, but things are pretty clear on the table now. Just dont understand why people stiil delibrately to paint false nice picture to lure victim into this stock, maybe want some blacksheep for them to unload. And then they about being kind. I dont know whether telling the truth are kind people, or dragging people to sinking ship for their own benefit are kind people

ec0101      ( Date: 08-Nov-2021 13:07) Posted: I' m not sure if anyone still remembers me, but I have been holding this stock for a very long time. To clear my position on the matter, I have sold out at a huge loss at 0.385 back in September. I personally see this as a big failure on my part for being stubborn and sticking to the fundamentals where I kept holding onto the fact where Medtecs profit is now way over what it used to be pre-covid, and the fact they' ve improved their supply chain, gone B2B, increased their profit margin due to OBM model... and it was still undervalued even at that point when I was in the green. Lesson to learn here, fundamentals alone mean nothing if there is no real support from the management. Someone mentioned NATO, and that applies the same to the management of Medtecs. After those small buybacks, nothing else has been done. Same for the news about moving to the mainboard. The sessions held previously together with UOB, Kim Eng, Philips and etc, all the reassurance about continuous good profit/sales, where have all those gone to? I finally decided enough is enough, truly regret that I did not follow people like Greg who sold off at $0.8X where looking back now, it is so much better than its current price. From the way I see it, there' s really no new catalysts for this stock. Unless a new pandemic starts.

 

I' m not sure if anyone still remembers me, but I have been holding this stock for a very long time.

To clear my position on the matter, I have sold out at a huge loss at 0.385 back in September.

I personally see this as a big failure on my part for being stubborn and sticking to the fundamentals where I kept holding onto the fact where Medtecs profit is now way over what it used to be pre-covid, and the fact they' ve improved their supply chain, gone B2B, increased their profit margin due to OBM model... and it was still undervalued even at that point when I was in the green.

Lesson to learn here, fundamentals alone mean nothing if there is no real support from the management. Someone mentioned NATO, and that applies the same to the management of Medtecs. After those small buybacks, nothing else has been done. Same for the news about moving to the mainboard. The sessions held previously together with UOB, Kim Eng, Philips and etc, all the reassurance about continuous good profit/sales, where have all those gone to?

I finally decided enough is enough, truly regret that I did not follow people like Greg who sold off at $0.8X where looking back now, it is so much better than its current price.

From the way I see it, there' s really no new catalysts for this stock. Unless a new pandemic starts.

 

The threat of COVID-19 continues. As vaccine development fails to keep up with the rate the virus mutates, countries around the world have started exploring ways to &ldquo coexist with the virus,&rdquo meaning that personal protective equipment (PPE) such as face masks and coveralls are becoming part of our daily lives, and not just for healthcare workers. While other precautions including the use of antiviral spray now also make their ways into our daily necessity. In light of this, Medtecs, the world&rsquo s leading and devoted provider of PPE and hospital services from Taiwan, will be making its debut at INDEX&trade 20, the world&rsquo s leading nonwovens exhibition organized by European Disposables and Nonwovens Association (EDANA). The exhibition will take place at Palexpo Exhibition and Congress Centre in Geneva from October 19th to 22nd. Medtecs will be showcasing its three main PPE lines that are aimed towards preventing Healthcare-associated infections (HAIs): CoverU series, medical grade face masks, and Medtecs Shield collections. Through the exhibition, Medtecs hopes to demonstrate its mission and technological capacity with respect to medical protective equipment and provide new solutions to the daily protection needs in the current and the post-pandemic era.

Renowned as one of the world&rsquo s three largest nonwovens exhibitions together with the IDEA in USA and ANEX in Asia, INDEX is held once every three years and comprises a total of six categories including: Filtration, Geotextiles & Civil Engineering, Hygiene & Cleaning, Medical: Infection Prevention, Transportation, and Packaging &ndash attracting prominent exhibitors of the nonwovens industry from around the world. More than 730 nonwovens exhibitors from over 43 countries have registered to date and it is expected that the exhibition will attract 12,700 visitors from more than 100 countries. A virtual exhibition will also be made available online for the first time in history to accommodate the pandemic and to engage people who are unable to physically attend.

Medtecs, the world&rsquo s leading provider of PPE and hospital services from Taiwan with more than 30 years of manufacturing experience in medical consumables, will be an exhibitor at INDEX&trade 20 this year to showcase Taiwan&rsquo s advanced design and manufacturing capabilities in medical protective equipment.
Medtecs has long been committed to expanding its markets share overseas, and has facilities and offices established throughout North America, Europe, and Southeast Asia for the supply of isolation gowns, coveralls, fly jackets, medical face masks, and anti-viral sprays. It is a long-time service provider to major hospitals in USA, Singapore, and the Philippines.

Since the global spread of COVID-19 in 2020, Medtecs has been actively supporting disease control efforts in Taiwan, it is also committed to relieving worldwide shortage of medical supplies during challenging times. Several emergency arrangements were made to deliver medical protection supplies to Cambodia, Singapore, USA, France, and countries in Europe where they were urgently needed. Furthermore, in consideration of how COVID-19 has changed the world&rsquo s demand for PPE, Medtecs optimized the production process and delivery service, and expanded its production, logistics, and warehousing capabilities to the United States in 2020. Medtecs will be participating in the upcoming exhibition with a focus on the prevention of HAIs. Data shows that chances of HAIs were 1/15 in Europe and 1/31 in the United States. Not only does HAI increase the time and cost of hospitalization and death rate of the patients, it also leads to significant loss of medical service capacity as well as economic losses.
As the pandemic persists, people have become accustomed to the idea of &ldquo coexisting with the virus,&rdquo and the risk of HAIs has also made its way from hospitals into people&rsquo s homes. Medtecs has always upheld the brand&rsquo s philosophy of &ldquo safeguarding every tomorrow&rdquo and aims to supply healthcare workers and the general public with adequate supply of professional medical equipment so that they can prevent infections. For this reason, Medtecs will be showcasing three main product lines of medical protective equipment during INDEX&trade 20, namely: CoverU series, medical face masks, and Medtecs Shield collection...
 

 

Interesting to read ppl always said once pandemic is over, stock price go to old price.. Just want to share some views here.
First, is the pandemic over?
What is the new normal living with covid?
The fact is covid cases are still high especially in our home country, nearby SEA countries, USA and Europe where Medtecs mkt is.. check it out.
Living with Covid does mean hospitalisation rate are elevated, more medical facilities are created and many businesses need PPE for protection for both employees and customers etc unlike before ..
Surely the panic buys are over and ASPs are down but sales volume i believe is still much higher than before.
Medtecs are manufacturing PPE protective gowns and not just masks. They are working with gov bodies.
The company has a cash and trade receiveables of US110m or $149m.
NAV is 46c and make 4.7c for H1.
The company is net cash and will still profitable going fwd.
The money will not disappear but be used for expansion to genearate more earnings or may even be distributed to shareholders.
The company is in a very good position imo..

Now trading 33.5c and ppl still shouting sell and sell.
Worse is these ppl defaming CEO and the Yangs for manipulation and scaming etc.
Why? Must have big short position??
Hope Medtecs mgtm ppl will act or do something against such ppl spread fear and falsehood.
Guys, listen to all views and be steady.
Yes, Dyodd and decide.

 

 

Agreed! Load up to support too. Oversold territory

Arch1984      ( Date: 08-Nov-2021 11:27) Posted: Bought a bit to support. More for long term holding. Price is below NAV and earnings if drop by half is still fairly decent at above 10%. I expect the need for PPE to continue but prices for them will remain competitive (i.e. no more super profits).

 

Bought a bit to support. More for long term holding. Price is below NAV and earnings if drop by half is still fairly decent at above 10%.

I expect the need for PPE to continue but prices for them will remain competitive (i.e. no more super profits).

 

To these people, my advice is to exercise a bit of kindness 

 

All these naysayers have no position

Yet want to talk so much, talking like a judge waiting to sentence 

everyone to death

It is a fact that the profit will be more than USD 40 millions for this FY

Really from NATO - No Action, Talk Only

 

Aiya this people. When 38c up to 40c he come here show off "see is coming". No drop to 35c then tell you is few cents. Drop to 10c also tell you is few cents. Sounds like typical scammer right. Always tell you how well they do in stock where they buy lowest sell highest, then ask you to load all this sinking stock with bad intentions. Want listen to them, go Holland lor. When people pinpoint him, he come say ALLL THESE NAYSAYER NAYSAYER NAYSAYER. So damn obvious trend. Dont know this guys is typical invesrment scammer or Yang Yang hire one. Telling people 40mil FY profit LOL really a joke. Ohh ya today another new low ya, i hope people dont still live in pandemic with this naysayer guy. Hahahaha

bxylqwan      ( Date: 06-Nov-2021 16:38) Posted: Drop from $1 to 30+ cents is " just drop by a few cents" keep telling yourself that ba akasa888      ( Date: 06-Nov-2021 16:28) Posted: All these naysayers can say whatever they want   Time will tell and let see who will have the last laugh   Just drop by a few cents, and they have already sentenced this stock to death.   Just like a frog in the well, they though the sky is only that big   They don' t  know the world is so wide and the blue ocean is so beautiful These are the people who will never make it big(I am talking about making millions) in any investment

 

In a range means if it comes down to a certain level, people will come in and

 

In stock there is no range, is the people power will determine the price no buyer how to go up and no seller how does it come down 

akasa888      ( Date: 06-Nov-2021 17:11) Posted: You got it wrong, I am talking about current range of 40 cents to 35 cents bxylqwan      ( Date: 06-Nov-2021 16:38) Posted: Drop from $1 to 30+ cents is " just drop by a few cents" keep telling yourself that b