Medtecs Intl    Last:0.122    +0.001

The next journey

Last year was on a Thur, so this year possibly on the 25th, which is also on a Thur, ie 9 trading days more.
FY net profit could be around $180m, giving a eps of 33c. 
Wonder how much they will be giving for div to make it attractive for bystanders to come in?

FrancisLim      ( Date: 11-Feb-2021 11:40) Posted: last year, 27th Feb.  Should be around the same time.  However, so far, no announcement on notification of result announcement date. freeme      ( Date: 11-Feb-2021 11:11) Posted: Anyone when Medtecs is reporting earnings?

 

last year, 27th Feb.  Should be around the same time.  However, so far, no announcement on notification of result announcement date.

freeme      ( Date: 11-Feb-2021 11:11) Posted: Anyone when Medtecs is reporting earnings?

 

Anyone when Medtecs is reporting earnings?

 

Bro.. just a little more than a month ago UG was trading below 60¢.

That was the time to load, isn't it? Broke 80¢ a couple of days ago.

If i not mistaken, you like the "buy when others sell, sell when people buy" and "sell on news" phrases.

Cheers and huat!

boyboy61      ( Date: 11-Feb-2021 10:49) Posted: UG reported good results.....what happen to its' s share price...keep drifting downwards.....will it happen to Medtecs....hopefully not. Still vested Giant8888      ( Date: 11-Feb-2021 10:45) Posted: MT setting up US factory is clearly a strategic move in response to " Buy America First" policy as priority will be accorded to Made in US products. Also away from reliance on China' s products.  Once successful, it is easily replicated in all various states. Think BIG!

 

The announcement made late last year, was the setting up of a subsidiary in USA.  The appointment of a relative to the Chariman and CEO to manage the subsidiary.

No announcement on set-up of factory or the production of masks in USA if we look at the co' s announcments.

Giant8888      ( Date: 11-Feb-2021 10:45) Posted: MT setting up US factory is clearly a strategic move in response to " Buy America First" policy as priority will be accorded to Made in US products. Also away from reliance on China' s products.  Once successful, it is easily replicated in all various states. Think BIG!

 

UG reported good results.....what happen to its' s share price...keep drifting downwards.....will it happen to Medtecs....hopefully not. Still vested

Giant8888      ( Date: 11-Feb-2021 10:45) Posted: MT setting up US factory is clearly a strategic move in response to " Buy America First" policy as priority will be accorded to Made in US products. Also away from reliance on China' s products.  Once successful, it is easily replicated in all various states. Think BIG!

 

Best chance to get on the boat and buy on weakness.

 

MT setting up US factory is clearly a strategic move in response to " Buy America First" policy as priority will be accorded to Made in US products. Also away from reliance on China' s products.  Once successful, it is easily replicated in all various states. Think BIG!

 

Yes. US is one of Medtecs biggest mkt. US plants set up is to capture mkt share there.

desmondxyz      ( Date: 11-Feb-2021 10:26) Posted: US buying from medtecs? gregtan123      ( Date: 11-Feb-2021 10:12) Posted: $Medtecs Intl(546.SI) Still SHORTAGE of Quality Masks and PPE in USA, Huge Market. Next AEM.   https://www.youtube.com/watch?v=hYPAc8RST-w

 

US buying from medtecs?

gregtan123      ( Date: 11-Feb-2021 10:12) Posted: $Medtecs Intl(546.SI) Still SHORTAGE of Quality Masks and PPE in USA, Huge Market. Next AEM.   https://www.youtube.com/watch?v=hYPAc8RST-w

 

 

What if the next news from MT is any one of the following : 1) Confirmation of mainboard listing 2) Positive updates from US factory 3) Commencement of 1st tranche share buyback 4) More CEO purchase 5) Major dividend payout  6) new activist investor 7) Major funds major purchases and last but not least 8) > $200 mil profits for 2020? Any of the above news has a more than 50% probability chance to materialise. 

Just one year ago, MT did not even cross 0.20 cents.  My forecast for 2020 for MT came through: it did cross $1.  My next forecast is even more bullish $4-5.  This is definitely achievable if MT is listed in US or even HK.  Nevertheless, our local bourse is underperforming and hopefully, funds will flow in to seize the opportunity.  Time will tell. Huat to all for a Prosperous lunar year!

 

Probably the Co is weak in follow-up be it:

(1) mainboard listing
(2) share buyback
(3) dividend policy
(4) capital expenditures
 

boyboy61      ( Date: 11-Feb-2021 09:35) Posted: Just what is holding Medtecs back....future earnings post-COVID? FrancisLim      ( Date: 11-Feb-2021 09:12) Posted: When a company is listed on main board, it is able to attract funds, institutional investors..

 

Just what is holding Medtecs back....future earnings post-COVID?

FrancisLim      ( Date: 11-Feb-2021 09:12) Posted: When a company is listed on main board, it is able to attract funds, institutional investors..

 

When a company is listed on main board, it is able to attract funds, institutional investors..

 

Quite true. Main board or othewise. Wat diff does it make? Even record profit also mkt ignore. Just look at MT price? Is it justify? NO!

GoldBull      ( Date: 10-Feb-2021 14:45) Posted: In fact, not moving to the mainboard may be better as it will cost the company less money.  It was just like YZJ when it was withdrawn from the STI, the price sank but once earnings can support the price, the price is much better.  Likewise, whether mainboard or not is not a material concern.  The main concern should be on earnings and future prospects....

 

If SGX approved Aspen which is not making money, but still does not approve Medtecs which is making record profits rivalling Blue chips, then think MAS should be checking SGX as to why this is so, and let investors know. Transparency mah.
It' s almost 3 months since announcement to apply by Medtecs, but Aspen got approved in less than 2 months. From the forum, many investors seem to be hoping but wondering, cos like not logical.
Even got one forumer suggests not moving to Mainboard better for MT as it will cost kongsi less money. Sounds funny to me.
If that is the case, why don' t all the Mainboard kongsis downgrade to catalyst status, including the banks and of course SGX.
What a joke for LNY eve. SGX and the banks would probably be worth not much more than MT' s current price of 103, and more people can afford to trade in them, bringing in more much needed activities to Asia' s worxx stock market.

Longtermer      ( Date: 10-Feb-2021 17:04) Posted: Aspen not making money. Medtecs making record profits rivalling Blue chips.. Thats the difference..   boyboy61      ( Date: 10-Feb-2021 14:56) Posted: Yup, look at Aspen no

 

Correct. Cannot compare a just starting business with good potential profit with a business that is already showing amazing profits QoQ while also showing very good cash management.

Medtecs definitely a good long term investment prospect in my opinion.

At the end of the day, this isn' t a buy/sell call but just an opinion. Do your own due diligence.

Longtermer      ( Date: 10-Feb-2021 17:04) Posted: Aspen not making money. Medtecs making record profits rivalling Blue chips.. Thats the difference..   boyboy61      ( Date: 10-Feb-2021 14:56) Posted: Yup, look at Aspen no

 

Yes after cny. Huat ah

MooMoo      ( Date: 10-Feb-2021 21:31) Posted: Maybe MT will give us giant ang pows with a barrage of good news right after CNY: super good results & dividend, SGX approval for transfer to Mainboard, contract win announcements, etc. 😉 guards80      ( Date: 10-Feb-2021 17:12) Posted: This week many seller think all cashout for CNY

 

Maybe MT will give us giant ang pows with a barrage of good news right after CNY: super good results & dividend, SGX approval for transfer to Mainboard, contract win announcements, etc. 😉

guards80      ( Date: 10-Feb-2021 17:12) Posted: This week many seller think all cashout for CNY