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Medtecs Intl    Last:0.12    -0.002

Continuing the journey

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Andrew123
    06-Dec-2021 16:15  
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just bought 4 boxes of Medtecs Mask for family use
 
 
akasa888
    06-Dec-2021 16:14  
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Want to make millions, this is the time.

Whack big, big and hold for one year

 
 
 
Giant8888
    06-Dec-2021 16:09  
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This company is a 30 years old legacy business. Now they have established their niches amidst the pandemic and a strong demand for their brand in the global markets. And their strong holds in Philippines and Cambodia are not easy to replicate. If you are the owner don't you want to consolidate your grip as a majority before you let it fly again. I am prepared to wait longer since the founder waited 30 years and more

Giant8888      ( Date: 06-Dec-2021 15:53) Posted:

I look at it his way: what better opportunity to reclaim majority stake in a company that is cash cow now.

AhTan888      ( Date: 06-Dec-2021 15:46) Posted:

I agree with you. Its really quite despicable if they really do it this way.


 

 
akasa888
    06-Dec-2021 16:01  
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No big deal, even without the Omicron announcement, 

the lowest it went down was at 0.285

Buy and wait for investors with deep pocket

 
 
 
Giant8888
    06-Dec-2021 15:53  
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I look at it his way: what better opportunity to reclaim majority stake in a company that is cash cow now.

AhTan888      ( Date: 06-Dec-2021 15:46) Posted:

I agree with you. Its really quite despicable if they really do it this way.

Giant8888      ( Date: 06-Dec-2021 15:40) Posted:

How profits are recognised can be an art and not necessarily a science. True entrepreneurs with a good FC can do magic and illusion. The game is far from over.


 
 
AhTan888
    06-Dec-2021 15:46  
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I agree with you. Its really quite despicable if they really do it this way.

Giant8888      ( Date: 06-Dec-2021 15:40) Posted:

How profits are recognised can be an art and not necessarily a science. True entrepreneurs with a good FC can do magic and illusion. The game is far from over.

AhTan888      ( Date: 06-Dec-2021 15:35) Posted:

The way the owner or chng kay milk the retailers also very ruthless. Each time the price damage is so huge end up nobody wants to play with them. If they bother to let the retailers make abit, there will be more participation and the chng kay can make so much more money. Looking at the way they do now, i dun think they can make alot,


 

 
Giant8888
    06-Dec-2021 15:40  
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How profits are recognised can be an art and not necessarily a science. True entrepreneurs with a good FC can do magic and illusion. The game is far from over.

AhTan888      ( Date: 06-Dec-2021 15:35) Posted:

The way the owner or chng kay milk the retailers also very ruthless. Each time the price damage is so huge end up nobody wants to play with them. If they bother to let the retailers make abit, there will be more participation and the chng kay can make so much more money. Looking at the way they do now, i dun think they can make alot,

ETLee8      ( Date: 06-Dec-2021 15:25) Posted:

Mmmmmm, AhTan u are alert man.  Investors should analyse more when playing this stock.    Otherwise kena " milked" over and over again.
 


 
 
AhTan888
    06-Dec-2021 15:35  
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The way the owner or chng kay milk the retailers also very ruthless. Each time the price damage is so huge end up nobody wants to play with them. If they bother to let the retailers make abit, there will be more participation and the chng kay can make so much more money. Looking at the way they do now, i dun think they can make alot,

ETLee8      ( Date: 06-Dec-2021 15:25) Posted:

Mmmmmm, AhTan u are alert man.  Investors should analyse more when playing this stock.    Otherwise kena " milked" over and over again.
 

AhTan888      ( Date: 06-Dec-2021 15:18) Posted:

Honestly speaking, i agree with you that supply is ramping up and ASP coming down and Medtecs will never make super profit like last year. But i dun believe that Medtecs being one of the pioneer and biggest outside of china make less then 1 million profit for the last quarter, something is not right when the demand for PPE is still high and the others are still making high profit. Maybe there's some monkey business going on.


 
 
jackjack
    06-Dec-2021 15:07  
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No choice they thought because omicron people will wear more layers of ppe. They dont understand supply has been keep ramping up, but for demand the best is only stagnant or going lower. For company like medtecs already earning less than 1 mil per quarter how to sustain the price. Nevermind la joker says Full year will make 40M because they are leaders in this industry

Hock88      ( Date: 06-Dec-2021 14:57) Posted:

People are still holding on to the hopes that increase in covid omicron means gloves will surge.. this is no longer the case liao

In the beginning of covid, it was the case. But situation now has changed drastically. Gloves market has changed, people perception of covid has changed, and most importantly, gloves counters have already surged many times as compared to pre-covid...

 
 
Hock88
    06-Dec-2021 14:57  
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People are still holding on to the hopes that increase in covid omicron means gloves will surge.. this is no longer the case liao

In the beginning of covid, it was the case. But situation now has changed drastically. Gloves market has changed, people perception of covid has changed, and most importantly, gloves counters have already surged many times as compared to pre-covid...
 

 
eric998
    06-Dec-2021 14:41  
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Longists imo no need to enter too early, now is shortists and sellers market, can get lower price if really want to long, the next quarter if revenue don?t encourage then see 20c possible.

akasa888      ( Date: 06-Dec-2021 14:21) Posted:

Keep buying, shorties don' t have the gut to short down further

because when it rebounce, it will be fast and furious

The demand for PPE, gloves and its accessories is still there as long as 

it is still a requirement for staff in all the hospitals all over the world 

As medtecs is not in the business of selling coffin, whether it lead to more death or not is not 

important.

 

 
 
akasa888
    06-Dec-2021 14:21  
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Keep buying, shorties don' t have the gut to short down further

because when it rebounce, it will be fast and furious

The demand for PPE, gloves and its accessories is still there as long as 

it is still a requirement for staff in all the hospitals all over the world 

As medtecs is not in the business of selling coffin, whether it lead to more death or not is not 

important.

 
 
 
akasa888
    06-Dec-2021 11:51  
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Just buy and keep as long as the wearing of PPE in all hospitals is still

their SOP and is compulsory to do so.

Whether the virus will lead to more death or not is not important.
 
 
lp2000
    06-Dec-2021 11:03  
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So no bottom yet or is 335 the lowest for today? It seems that the buying walls are getting more support, and the selling down has slowed but too early to see a significant recovery

lailai      ( Date: 06-Dec-2021 09:48) Posted:

Yeah, it' s hard to beat the LH to RH shorties, no matter how good the counters can be. These shorties are obviously backed by their BBs.

eric998      ( Date: 06-Dec-2021 09:41) Posted:

Morning short at high, everyday short all 3 medical, RS, TG and MT cos still got volume to play. Today kopi money in already. All 3 medicals shorted 50000shares each counter.


 
 
lailai
    06-Dec-2021 09:48  
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Yeah, it' s hard to beat the LH to RH shorties, no matter how good the counters can be. These shorties are obviously backed by their BBs.

eric998      ( Date: 06-Dec-2021 09:41) Posted:

Morning short at high, everyday short all 3 medical, RS, TG and MT cos still got volume to play. Today kopi money in already. All 3 medicals shorted 50000shares each counter.

piscesmonkey      ( Date: 06-Dec-2021 09:34) Posted:

Morning PPE stocks pump up and those bought tio trap?


 

 
eric998
    06-Dec-2021 09:45  
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Added UG shorts at 330.

eric998      ( Date: 06-Dec-2021 09:41) Posted:

Morning short at high, everyday short all 3 medical, RS, TG and MT cos still got volume to play. Today kopi money in already. All 3 medicals shorted 50000shares each counter.

piscesmonkey      ( Date: 06-Dec-2021 09:34) Posted:

Morning PPE stocks pump up and those bought tio trap?


 
 
eric998
    06-Dec-2021 09:43  
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SGX game rules are like, can play longists or shortists.

eric998      ( Date: 06-Dec-2021 09:41) Posted:

Morning short at high, everyday short all 3 medical, RS, TG and MT cos still got volume to play. Today kopi money in already. All 3 medicals shorted 50000shares each counter.

piscesmonkey      ( Date: 06-Dec-2021 09:34) Posted:

Morning PPE stocks pump up and those bought tio trap?


 
 
jackjack
    06-Dec-2021 09:42  
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Dont know how many has actually listen and capitalize on this pump and dump. Obviously virus is still there all the while and ppe are still being use. Even so profit already drop like nobody business already gives you red flag that with all these demands, business is not growing in particular for medtecs due to the supply. Use your logical brain to think. What omicron do for you? Unless you tell me hospital going to change protocol to wear triple layer of ppe instead of one, citizen mandate to wear 3 layers of mask to go out. Then you only tell me demand will go up la
 
 
eric998
    06-Dec-2021 09:41  
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Morning short at high, everyday short all 3 medical, RS, TG and MT cos still got volume to play. Today kopi money in already. All 3 medicals shorted 50000shares each counter.

piscesmonkey      ( Date: 06-Dec-2021 09:34) Posted:

Morning PPE stocks pump up and those bought tio trap?

 
 
piscesmonkey
    06-Dec-2021 09:34  
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Morning PPE stocks pump up and those bought tio trap?
 
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