Bro' , when I invested in Medtecs, you were not even here.
I know their history or background because i was in it before SAR
For your info, I bought 4.5 millions at 3-5 cents and sold off at $1.97
I have already made one round, this will be my second round
I will double or triple up if it drop further
 
I know their history or background because i was in it before SAR
For your info, I bought 4.5 millions at 3-5 cents and sold off at $1.97
I have already made one round, this will be my second round
I will double or triple up if it drop further
 
jackjack ( Date: 27-Sep-2021 16:27) Posted:
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This annoucement has impact on their earnings, why they did not make the announcement to all the shareholders.
If Medtecs management is sleeping, SGX must wake them up
If Medtecs management is sleeping, SGX must wake them up
akasa888 ( Date: 27-Sep-2021 09:42) Posted:
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Low??? Maybe next year 36cents will be the 52weeks high. Trade with care bro.
3jhuat ( Date: 24-Sep-2021 15:33) Posted:
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Going back 36c before year end more likely than going back 80c. Wait see their 3rd quarter result. By then will see another shock and sell down again. Medtecs has history for 1 time wonder and going back to where it start from for the past 20 years
money4life ( Date: 27-Sep-2021 13:35) Posted:
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Downside i think might go back 36 cents bah  

akasa888 ( Date: 27-Sep-2021 11:49) Posted:
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Good for the company, diversify into supplements to bring in extra income.
How much more can it go down(Limited downside), potential to go over 80 cents by year end.
Touch a high of $1.98 to $0.41
 
How much more can it go down(Limited downside), potential to go over 80 cents by year end.
Touch a high of $1.98 to $0.41
 
as if institutional investor are trading based on sgx annoucement
tofudidi ( Date: 27-Sep-2021 09:52) Posted:
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It does not mentioned it is the exclusive distributorship.
akasa888 ( Date: 27-Sep-2021 09:42) Posted:
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&ldquo Be Fearful When Others Are Greedy and Greedy When Others Are Fearful&rdquo
―   Warren Buffett
―   Warren Buffett
tofudidi ( Date: 27-Sep-2021 09:52) Posted:
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once annouce on sgx the price definitely will soar.. no competitior. easily back to $1.. cheap cheap now  

akasa888 ( Date: 27-Sep-2021 09:42) Posted:
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Thanks for all the warning. Medtecs is still a buy for me. 
Look around, and tell me which company is still doing well in this environment
Look around, and tell me which company is still doing well in this environment
wow this is a good piece of news... bb may revisit to this counter.. watch out :)
akasa888 ( Date: 27-Sep-2021 09:42) Posted:
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(TAIPEI, September 22, 2021) Medtecs International Corporation Limited (&ldquo Medtecs&rdquo ) is pleased to announce that the company will manage the distribution of RespireAid (NRICM101) 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-19.

RespireAid (NRICM101)
The Cambodian authority has certified RespireAid (NRICM101) for sale earlier this month. The official approval will facilitate the distribution of the supplement and boost consumer confidence in the safety and efficacy of RespireAid (NRICM101).
The supplement was developed by the National Research Institute of Chinese Medicine (NRICM) in Taiwan. Evidence-based clinical trials were conducted on the compound and the results have shown RespireAid (NRICM101) to be effective in reducing fever, stabilizing lung functions, and reducing the number of days of hospitalization.

RespireAid (NRICM101)

RespireAid (NRICM101)
&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.
Medtecs News
 
Agree, must look at market price also not just market demand. Nowadays prices are so transparent with massive competition from online retaling even distributors are doing direct sales to individuals, not trade secret anymore. Even if you are not into Shopee or Lazada, can just go neighbourhood value dollar shop and look at mask price you know many small and medium surgical mask factories going to fold soon.
ETLee8 ( Date: 27-Sep-2021 08:34) Posted:
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This is what medtecs blind followers think. Just like last quarter people say buy for dividend. End up significant poor q result with no dividend declare. Dont later become report loss then totally no dividend and share price plunge further. Dont expect anything from medtecs
bxylqwan ( Date: 27-Sep-2021 00:16) Posted:
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Be extremely careful.  36 cts is not the bottom.   
It' s mask business is almost as good as gone.  Those make in China is so cheap that Medtecs can not compete.
Even the other PPEs also faced haevy competitions from OEM vendors.
DYODD
 
It' s mask business is almost as good as gone.  Those make in China is so cheap that Medtecs can not compete.
Even the other PPEs also faced haevy competitions from OEM vendors.
DYODD
 
hahaha. that' s what everyone thought too when it crashed to 80 cents, then 60, and now 40
akasa888 ( Date: 25-Sep-2021 12:24) Posted:
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Current price provides a good opportunity to load up.  Current market sentiment because of the Evergrande meltdown where many countries fears of a  systemic risks. Bitcoin falls as crypto gets caught up in Evergrande selloff, so are many SGX stock also falls, not only Medtecs.
Medtecs has much more than disposable masks. 
https://www.medtecs.com/personal-protective-equipment
Medtecs has established a strong presence in the United States, Europe, and Asia Pacific. 
The Group has offices and facilities spanning across Asia including Singapore, Taiwan, the Philippines, the People&rsquo s Republic of China, Cambodia, and the United States of America for expansion into the global domestic PPE and medical consumables market.
Medtecs is an Integrated workwear hospitality services provider &ndash with supply of garment products, such as:
Medtecs has much more than disposable masks. 
https://www.medtecs.com/personal-protective-equipment
Medtecs has established a strong presence in the United States, Europe, and Asia Pacific. 
The Group has offices and facilities spanning across Asia including Singapore, Taiwan, the Philippines, the People&rsquo s Republic of China, Cambodia, and the United States of America for expansion into the global domestic PPE and medical consumables market.
Medtecs is an Integrated workwear hospitality services provider &ndash with supply of garment products, such as:
- Reusable Medical Garment
- Nurse Uniform
- Patient Gown
- Infant Shirt
- Lab Coat
- Isolation Gown
- Etc&hellip etc..
- Personal Protective Equipement
- Disposable Isolation Gown
- Disposable Dental Gown
- Disposable Lab Coat
- Disposable Scrub Suit
- Disposable Bouffant caps
- Disposable..etc&hellip etc.
- Linen & Blanket
At ths price, I am buying for dividend
Covid cases are still rising everywhere, Spore is a good example
When Spore only had a few cases, the price was more than a dollar
Now, with thousands of cases, it is at 40 cents
Logic tells you that it is time to buy
Say whatever you want, PPE and N95 masks are still needed because hospitals all over are still overwhelmed with covid patients
 
Covid cases are still rising everywhere, Spore is a good example
When Spore only had a few cases, the price was more than a dollar
Now, with thousands of cases, it is at 40 cents
Logic tells you that it is time to buy
Say whatever you want, PPE and N95 masks are still needed because hospitals all over are still overwhelmed with covid patients
 
Do not waste time on this lah.  Chow Kah.  Where is their mainboard listing ?