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441-460 of 4854
Q 200lots @ 0.20 cents should come down soon, 20 cents I think still ex
Midtermer ( Date: 07-Oct-2021 07:48) Posted:
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Respire aid is available on shoppee for 90 SGD per box of 20 sachets. Hopefully these herbs can help beef up their revenue for now by selling in the 2 countries. Cheers.
akasa888 ( Date: 06-Oct-2021 21:48) Posted:
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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:
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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
This is a good sign.
Look like Medtecs is going to reward those who believe in them
Ho Say Liao lah...
Shake legs, lim kopi and wait to collect my rewards
Look like Medtecs is going to reward those who believe in them
Ho Say Liao lah...
Shake legs, lim kopi and wait to collect my rewards
ryanlimbk ( Date: 04-Oct-2021 14:46) Posted:
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We can only 🙏 🙏 🙏
ryanlimbk ( Date: 04-Oct-2021 14:46) Posted:
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Yes agreed with you, I'm also still collecting.
Let's invest in Medtecs happily since we profit from it.
akasa888 ( Date: 06-Oct-2021 10:47) Posted:
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No point arguing, to each its own
Every flow of water will find its own path
I have the faith and patience, still collecting to keep in the fridge
Money must be put to use, if not it has no economic value.
So far, in my 20 over years of investing in this counter, I was richly rewarded.
Thank you, Medtecs
Bro Jack is correct.
Machinery assets depreciates annually.
Noticed that despite profits in H1' 2021, its NAV drops
FY2019 FY2020 FY2021 H1
GP NAV 11.76 cts 35.40 cts 34.26 cts
CO NAV 4.45 cts 19.49 cts 18.29 cts
Machinery assets depreciates annually.
Noticed that despite profits in H1' 2021, its NAV drops
FY2019 FY2020 FY2021 H1
GP NAV 11.76 cts 35.40 cts 34.26 cts
CO NAV 4.45 cts 19.49 cts 18.29 cts
jackjack ( Date: 06-Oct-2021 10:00) Posted:
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Some people just stubborn one la, they first talks about dividend, then no more dividend now talk about NAV. They just dont understand that NAV for such company is nothing, except for the cash portion their assets are mostly depreciating asset, They are manufacturing company, not REITS where their asset can appreciate in time. Company like this some trading way high than their NAV because people expecting they will keep on make money overtime wheares some always trade below their NAV because people expect they can' t consistently make profit.
Some people just want to make reason out of it la, so many say 1 dollar already gone missing, Those 80c say cheap also gone missing. Recently that TKong guy talk cheap at 50c, say if dare just come down 46c let him buy, now also gone case. Haha
And i dont know which fools trying to believe that medtecs is so unique that they are the one who got regulatory approval for their PPE. If they are soooooo UNIQUE, seroiusly, what are they doing for the past 20 over years?
Some people just want to make reason out of it la, so many say 1 dollar already gone missing, Those 80c say cheap also gone missing. Recently that TKong guy talk cheap at 50c, say if dare just come down 46c let him buy, now also gone case. Haha
And i dont know which fools trying to believe that medtecs is so unique that they are the one who got regulatory approval for their PPE. If they are soooooo UNIQUE, seroiusly, what are they doing for the past 20 over years?
ETLee8 ( Date: 04-Oct-2021 10:52) Posted:
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always a reason why good masks not cheap and cheap masks.....what you think.
Aspen revival!! Chiong up 18%!!! Hope all similar counters like Medtecs and Riverstone will follow!
Please note that PPE and surgical masks supplied to hospitals are required to pass a rigorous testing and certification process by the Regulator (IFA).
Textile materials used as personal protective equipment (PPE) are subject to the strictest requirements. Hospitals will only use certified products, not from any other company
Medical face masks and PPE protect the wearer&rsquo s face - including the mucous membrane areas of the wearer&rsquo s nose and mouth - from contact with blood and other body fluids during medical procedures.
The production of PPE requires special skill to ensure that bodily fluids and blood do not seep in to contact any body part.
Evaluation areas include (but not limited to):
-
Registration and approval -
Classification designations -
Marking and labeling -
Particulate Filtration Efficiency (PFE) -
Bacterial Filtration Efficiency (BFE) -
Differential pressure (breathability) -
Blood penetration resistance -
Flammability -
Microbial cleanliness -
Biocompatibility
It is not so easy for any company without the expertise and skills to jump in to make a fast buck
Medtecs is in this business for more than 20 years and is the leading manufacturer of PPE and the brand was trusted by hospitals all over the world
Bro Longtermer,
FY2019 Fy2020 h12021
Revenue USD 68,977 USD 400,327 USD 85,303
Gross Profit USD 10,531 USD 171,620 USD 30,774
Net Profit USD 1,166 USD 131,716 USD 18,505
EPS 0.211 23.973 Cts 3.489 cts
GP NAV 11.76 cts 35.40 cts 34.26 cts
CO NAV 4.45 cts 19.49 cts 18.29 cts
Share Price 3 cts $1-$1.98 36 cts
In 2019 when the NAV was 11.76 cts (USD) or 15.28 cts, the share price is only 3 cts.
Now NAV is 34.26 (USD) or 44.53 cts, the share price IS 36 cts
Come to next 1-2 years, when covid is over, likely EPS maybe even be negative, hence it is possible that share price may drop to a few cts.
It is normal for share to trade below its NAV as can be seen in many other companies in SGX.
Besides, this stock is highly controlled by the Yang family, u will never know how it will play out.
My 2 cts worth. DYODD
FY2019 Fy2020 h12021
Revenue USD 68,977 USD 400,327 USD 85,303
Gross Profit USD 10,531 USD 171,620 USD 30,774
Net Profit USD 1,166 USD 131,716 USD 18,505
EPS 0.211 23.973 Cts 3.489 cts
GP NAV 11.76 cts 35.40 cts 34.26 cts
CO NAV 4.45 cts 19.49 cts 18.29 cts
Share Price 3 cts $1-$1.98 36 cts
In 2019 when the NAV was 11.76 cts (USD) or 15.28 cts, the share price is only 3 cts.
Now NAV is 34.26 (USD) or 44.53 cts, the share price IS 36 cts
Come to next 1-2 years, when covid is over, likely EPS maybe even be negative, hence it is possible that share price may drop to a few cts.
It is normal for share to trade below its NAV as can be seen in many other companies in SGX.
Besides, this stock is highly controlled by the Yang family, u will never know how it will play out.
My 2 cts worth. DYODD
Longtermer ( Date: 01-Oct-2021 12:37) Posted:
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Sars and covid may be different, but people also react to it different. Companies ramp up their research for vaccine and medicine to counter these covid. , many PPE company and expanding their production and some other jump into bandwagon to produce medical PPE. These PPE are way easily produce and oversupply now. That time medical glove still sustaining begininning of these year but eventually their profit also plunge due to dropping ASP. Not to say medtecs, they performance way worse since the start of first quarter. PPE like medical gloves are selling cheap now. You might now be the consumer of these ppe and look at the mask now, last time you want to buy 1 box at $50 also hard to find. Now? selling at $5, buy 1 get 1 free. I believe all other ppe are also selling way cheap now. This PPE is not like Iphone, every year come out new model selling few thousands people still queue up to buy, while wearing mask is something people to get rid off except for people who work in hospital.
Hoping for this company to earn more? Go through the cycle
1) PPE is no longer on demand and too oversupply
2) Many companies decide to close down the production because it is not making money
3) Remaining companies probably have to sustain low profit or losses for some time
4) Another pandemic comes again to cause the surge in demand
Investment banker always has way quicker insight. So let the share price do the talking. Everyone have been saying there a huge gap between SG and TW market. SG wont go up, is only matter of time TW side coming down. Already start showing its colour. It might not go down to 3c any moment here, but going to 30c or 20c still possible
One more thing, last year 2nd week of Oct the company very quick to give update on their 3rd quarter result. Making one time big profit ma quickly want show off.
Lets see if they do that this year, or they decide to keep quiet until FY result
Hoping for this company to earn more? Go through the cycle
1) PPE is no longer on demand and too oversupply
2) Many companies decide to close down the production because it is not making money
3) Remaining companies probably have to sustain low profit or losses for some time
4) Another pandemic comes again to cause the surge in demand
Investment banker always has way quicker insight. So let the share price do the talking. Everyone have been saying there a huge gap between SG and TW market. SG wont go up, is only matter of time TW side coming down. Already start showing its colour. It might not go down to 3c any moment here, but going to 30c or 20c still possible
One more thing, last year 2nd week of Oct the company very quick to give update on their 3rd quarter result. Making one time big profit ma quickly want show off.
Lets see if they do that this year, or they decide to keep quiet until FY result
Gone with the wind
Yes, it was a one time wonder in the past. It would go up during SAR or Haze and drop back and this had happened several times in the past especially in the early 2000s
The highest it went up was at 27 cents when SAR hit Spore.
When covid hit the world, Medtecs went up from 5 cents to 20 cents. At 20 cents, heavy profit took place and it went down to 5 cents again.
Note : Many think that it will be the same as SAR so they sold off at 20 cents
It then slowly climbed back to 20 cents and went up to 99 cents, went down again and climbed back, finally breaking $ 1dollar.
From $1 dollar, it was very fierce, keeps going up with a gain of 20-30 cents a day. It finally hit a high of $1.98 and start to come down
It is not easy to take this type of ride
Really takes a ball of steel to tahan all the way to $1.98
If you compare the two situation (SAR and Covid), there is a different
SAR was an epidemic outbreak in a localise region, while Covid was a pandemic which affect the whole world
For SAR, you only need to wear a face mask, while for Covid, you need PPE, mask, face shield, shoe covers etc.
SAR was brought under control in a matter of months while Covid was still ravenging the world for almost 2 years and is still spreading like wildfire
Medical Experts and our Government has come up and said that we need to live with covid.because it will not go away.
Please note that Medtecs is the world leading certified PPE manufacturer, and in hospital world wide, it is now a SOP to put on PPE
As such, the demand will be high for the years to come
This is the different from SAR or Haze, and you don' t need the best brain to tell you that it will not be a one time wonder and it will not come down to 3 cents ever again.
Have said this before. Last year Q2 result company give guidance that the second half will be more profitable. End up their revenue and profit both surge for 1 time wonder. This year Q1 result compay guidance that the revenue increase for Q2. The result for Q2 revenue just go up by small margin and profit shrink miserably, way below expectation for investor which causes the start of the plunge. In this Q2 result, company never mention any guidance for their second half, just say that FY will be remain profitable. So what do you expect what are the upcoming few quarters. Your own diligent!
Talk about giving numbers and facts, tell me in what sense the company will be more profitable? The profit shrink way quicker than other medical gloves firm. Now gloves company also start cannot suatain their profit. ASP is expected to reduce significantly. All these wont be improving at the mean time. Not because of covid 1 time huge profit, the company does not earn any significant of profit. The stock price has history of 1 time wonder in the past 20 years, with their share price surging multiple folds during pandemic and sink back to where it started. Today their NAV can be 46c, the upcoming year you never know it become 40c or 30c. And one thing for sure, the company still run by the same family management. Good luck to those who believe the people who only talk about the 1 time wonder past result numbers
Talk about giving numbers and facts, tell me in what sense the company will be more profitable? The profit shrink way quicker than other medical gloves firm. Now gloves company also start cannot suatain their profit. ASP is expected to reduce significantly. All these wont be improving at the mean time. Not because of covid 1 time huge profit, the company does not earn any significant of profit. The stock price has history of 1 time wonder in the past 20 years, with their share price surging multiple folds during pandemic and sink back to where it started. Today their NAV can be 46c, the upcoming year you never know it become 40c or 30c. And one thing for sure, the company still run by the same family management. Good luck to those who believe the people who only talk about the 1 time wonder past result numbers
Fully agreed. Such irresponsible behaviour cannot be tolerated.
Not a nice way to make money
Not a nice way to make money
Longtermer ( Date: 01-Oct-2021 12:19) Posted:
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Still cannot understand how you get 3c in 1 to 2 years?
Please share reason/s otherwise ppl cannot take you seriously..
The company is net cash.
Every year, the NAV and cash likely will increase as the revenue and profits will stablise and probably grow going fwd.
When ppl realise this, the counter becomes just too cheap to ignore at this level imo.
ETLee8 ( Date: 01-Oct-2021 11:57) Posted:
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