Medtecs Intl    Last:0.122    -0.001

The next journey

Profit margin aside, I think the main issue is the supply and demand.

Medtecs 1HFY21 actually shows that their profits are a lot better (compared to years back) despite the fact that PPE prices have dropped and are somewhat stabilised. This is mainly because of their change in business model to go from OEM to OBM.

Yes, the demand is going to be around for a long time, but yet if we make reference to the 1H FY21 announcement, their sales dropped a whole lot compared to 1HFY20 and that contributed to a crazy drop from 0.85 > where it is now 0.41. over 50% drop.

boyboy61      ( Date: 08-Oct-2021 10:28) Posted: Yes, PPE, gloves and the rest are still needed. But need to remember the profit margin is more important. Dyodd akasa888      ( Date: 08-Oct-2021 10:18) Posted: Yes, PPE is now the SOP for hospitals all over the world   In the past, PPE did not sell well because it was hardly needed.      Medtecs being an internationally recognised, certified and trusted brand will definitely   benefit for the years to come.    Don' t forget, they supply PPE to hundreds of hospitals all over the world   That is why Lau Yang is working so hard that he doesn' t even bother about the share price.

 

As much as I believe this counter is way undervalued, this counter really has too much manipulation. Only if you got the time to monitor minute changes... else really best to avoid.

The sudden burst this morning can be either one of the following:-
1. Some parties have good news about the coming third-quarter results (last year announced on 13th Oct 2021)
2. Some parties are creating a false sense of item 1 to trap others to buy in due to FOMO but thereafter start selling heavily later on third-quarter news.
3. Some parties have material good news that has not been disclosed via official channels.

Do your own due diligence.

 

Ha Ha Ha, my toes laughing.
The person that makes the most money in this saga is Lau Yang.  Probably in the region of $500miliion dollars.
Why leh ?, Use your imagination lah.

akasa888      ( Date: 08-Oct-2021 10:18) Posted: Yes, PPE is now the SOP for hospitals all over the world   In the past, PPE did not sell well because it was hardly needed.      Medtecs being an internationally recognised, certified and trusted brand will definitely   benefit for the years to come.    Don' t forget, they supply PPE to hundreds of hospitals all over the world   That is why Lau Yang is working so hard that he doesn' t even bother about the share price.

 

Agreed....now that sustainability have been established, it is equally important, if not, should be more important.....

boyboy61      ( Date: 08-Oct-2021 10:28) Posted: Yes, PPE, gloves and the rest are still needed. But need to remember the profit margin is more important. Dyodd akasa888      ( Date: 08-Oct-2021 10:18) Posted: Yes, PPE is now the SOP for hospitals all over the world   In the past, PPE did not sell well because it was hardly needed.      Medtecs being an internationally recognised, certified and trusted brand will definitely   benefit for the years to come.    Don' t forget, they supply PPE to hundreds of hospitals all over the world   That is why Lau Yang is working so hard that he doesn' t even bother about the share price.

 

main board listing maybe? Hopefully medtecs will follow up with positive announcement today.

 

Yes, PPE, gloves and the rest are still needed. But need to remember the profit margin is more important. Dyodd

akasa888      ( Date: 08-Oct-2021 10:18) Posted: Yes, PPE is now the SOP for hospitals all over the world   In the past, PPE did not sell well because it was hardly needed.      Medtecs being an internationally recognised, certified and trusted brand will definitely   benefit for the years to come.    Don' t forget, they supply PPE to hundreds of hospitals all over the world   That is why Lau Yang is working so hard that he doesn' t even bother about the share price.

 

Yes, very likely.....looks like it' s institutional buying today.....

Hector      ( Date: 08-Oct-2021 10:06) Posted: who knows TH might relook healthcare sector for their investment portfolio, since most countries with decide to live with covid19, so PPE will be a necessity for long long time. So business outlook is good and PE should not be so low. DYODD

 

Yes, PPE is now the SOP for hospitals all over the world

 

happy to see this rebounding off 365 potentially forming a double bottom TA wise. Better not to chase for newcomers as this counter is heavily manipulated. Dyodd.

 

who knows TH might relook healthcare sector for their investment portfolio, since most countries with decide to live with covid19, so PPE will be a necessity for long long time.
So business outlook is good and PE should not be so low. DYODD 

 

For Medtecs, fast and furious is the game once they are in

Not too late for those whose who still don' t believe

Price still cheap

 

WOW !!!!! Siao liao lah.....look at the way it CHEONGGGGG.....

 

Sorry wrong thread haha👍

CheongArgh      ( Date: 08-Oct-2021 09:50) Posted: Yup, yup, not bad, not bad, 6 pip profit. Bought 114, sold at 120.....5k+ profit, easy, easy..... piscesmonkey      ( Date: 08-Oct-2021 09:40) Posted: --- Post Removed by User ---

 

Congrats to Meditec holder...still got hope in this counter

3jhuat      ( Date: 08-Oct-2021 09:47) Posted: Just by looking at the volume of Medtecs, supporters should be very happy. akasa888      ( Date: 08-Oct-2021 09:33) Posted: Slow and steady, this is just the start More to  come.... Those who have placed their faith and believe in Medtecs will be richly rewarded All the signs are there

 

Yup, yup, not bad, not bad, 6 pip profit. Bought 114, sold at 120.....5k+ profit, easy, easy.....

piscesmonkey      ( Date: 08-Oct-2021 09:40) Posted: --- Post Removed by User ---

 

Just by looking at the volume of Medtecs, supporters should be very happy.

akasa888      ( Date: 08-Oct-2021 09:33) Posted: Slow and steady, this is just the start More to  come.... Those who have placed their faith and believe in Medtecs will be richly rewarded All the signs are there

 

Slow and steady, this is just the start

More to  come....

Those who have placed their faith and believe in Medtecs will be richly rewarded

All the signs are there

 

Thank you, lailai for the very useful info.

I will buy one box to keep

lailai      ( Date: 07-Oct-2021 08:08) Posted: Yes, Respire Aid is available in Singapore. Not cheap, $90 for a box of 20 satchets. Got distributor in S' pore and also can get from Shopee. Only for use in treatment when there are symptoms of covid infection. And not for prevention which we all know is by vaccine, safe distancing, wearing masks, avoid crowded places, etc, etc. Think it is widely used in Taiwan hospitals and clinics, that could be the reason why they were able to quickly overcome their recent covid spread. Maybe good to buy for emergency standby when got mild symtoms. Note: herbs are for treatment, not for strengthening body immunity or prevention.  Think Medtecs management has adopted a humble attitude, published only in their own website, and not blah here and blah there, and not even supporting their absurd low mkt price, which seems obviously manipulated by BBs and their kakias. Quote from their low key website: &ldquo Medtecs is committed to combating the COVID-19 pandemic at home and abroad. With RespireAid (NRICM101), we hope to safeguard the health of the people in the Philippines and Cambodia and to share this wonderful Taiwan-developed remedy with the world,&rdquo remarked Mr William Yang, Medtecs Group CEO. Medtecs has long established a strong presence in the Philippines and Cambodia and is currently the biggest non-China-based personal protective equipment (PPE) provider in the Asia Pacific region. Medtecs believes the distribution of RespireAid (NRICM101) will further enhance the company&rsquo s position as a total solution provider for everyone&rsquo s infection prevention and health needs. akasa888      ( Date: 06-Oct-2021 21:48) Posted: My guess why Medtecs choose to distribute the chinese herb in Philippines and Cambodia  is    that these two are very poor country without much access to Pfizer and Morderna  vaccine     If the herb is effective, it will help these poor people and will sell like hot cakes   I may buy some if the herb is available in Singapore   No harm trying.

 

Yes, this " Lau Yang" only know how to work and do good

 

Yes, Respire Aid is available in Singapore. Not cheap, $90 for a box of 20 satchets. Got distributor in S' pore and also can get from Shopee.
Only for use in treatment when there are symptoms of covid infection. And not for prevention which we all know is by vaccine, safe distancing, wearing masks, avoid crowded places, etc, etc.
Think it is widely used in Taiwan hospitals and clinics, that could be the reason why they were able to quickly overcome their recent covid spread.
Maybe good to buy for emergency standby when got mild symtoms. Note: herbs are for treatment, not for strengthening body immunity or prevention. 
Think Medtecs management has adopted a humble attitude, published only in their own website, and not blah here and blah there, and not even supporting their absurd low mkt price, which seems obviously manipulated by BBs and their kakias. Quote from their low key website:

&ldquo Medtecs is committed to combating the COVID-19 pandemic at home and abroad. With RespireAid (NRICM101), we hope to safeguard the health of the people in the Philippines and Cambodia and to share this wonderful Taiwan-developed remedy with the world,&rdquo remarked Mr William Yang, Medtecs Group CEO.

Medtecs has long established a strong presence in the Philippines and Cambodia and is currently the biggest non-China-based personal protective equipment (PPE) provider in the Asia Pacific region. Medtecs believes the distribution of RespireAid (NRICM101) will further enhance the company&rsquo s position as a total solution provider for everyone&rsquo s infection prevention and health needs.

akasa888      ( Date: 06-Oct-2021 21:48) Posted: My guess why Medtecs choose to distribute the chinese herb in Philippines and Cambodia  is    that these two are very poor country without much access to Pfizer and Morderna  vaccine     If the herb is effective, it will help these poor people and will sell like hot cakes   I may buy some if the herb is available in Singapore   No harm trying. akasa888      ( Date: 06-Oct-2021 21:33) Posted: Medtecs really need to improve their Corp Comms   For example, some of the recent developments that has impact on their earning were not announced via SGX   1. Their contract with Myanmar government in May to provide PPE and masks   2 Their distributorship of RespireAid in the Philippines and Cambodia. The traditional chinese herbal compound is developed in    Taiwan and has already been proven effective for the treatment of Covid.   Any other company would blow this sky high to let everyone know   Don' t understand why they are so low key or their CorpComms is not doing their job