Medtecs Intl    Last:0.124    +0.003

The next journey

Pharma stocks are the ones huating. Look at moderna YTD $100 USD now $400+

 

Ppe is oversupply everywhere. Wait you look the next result all will dumbfound

 

Very old news lah.  Last year December, no impact
Important to note are who are the " zombies" share owners.

the3nomads      ( Date: 16-Sep-2021 09:37) Posted: Thanks for sharing....hope will help move it's price 📈 Yatsa13      ( Date: 16-Sep-2021 08:00) Posted: Medtecs Chosen as Asian Development Bank' s Partner to Supply Vital PPE to Asian Developing Countries Amidst COVID-19 Pandemic TAIPEI,  Dec. 18, 2020  /PRNewswire/ --  Medtecs Group, a leading personal protective equipment (PPE) supplier based in  Taiwan, had passed the rigorous procurement process of the  Asian Development Bank  (ADB) in  June 2020  to become the ADB' s supplier of critical protective gear for frontline health workers risking their lives in the fight against the novel coronavirus (COVID-19). Medtecs has been operating in  Cambodia  since 1999 and employs more than 5,500 people at its Kampong Cham factory, with 82% of the workforce composed of female workers. These Medtecs workers have been working tirelessly to help produce more than 1.2 million medical garments for those who need them in 11 developing countries in the  Asia-Pacific  region, including their hometowns in  Cambodia. In response to global efforts to combat the COVID-19 pandemic, the Health Sector Group of ADB' s Sustainable Development and Climate Change (SDCC) Department had mobilized funding to address this global health crisis in the amount of  US$48.3 million, part of which was used to undertake procurement of urgently needed medical supplies. " Our vision is to provide world-class medical products, services and protective wear to ensure that every frontline healthcare worker returns home safe. We feel very proud to be involved in this ADB initiative," said Medtecs Group CEO,  William Yang. " Medtecs has always been committed to providing safe, comfortable protective clothing and equipment for healthcare professionals and workers since the company was founded more than 30 years ago." Medtecs was one of the suppliers selected through the ADB' s procurement process, and was awarded a contract of $5 million to PPE, including isolation gowns, coveralls and shoe covers, to be distributed to frontline health workers in 11 ADB member countries. Someone said Medtecs is downtrend, pretty obvious from $1 to now less than 50c, this where opportunity starts to form. So long as company is sound, just have to wait for the right moment. Yatsa dyodd

 

Thanks for sharing....hope will help move it's price 📈

Yatsa13      ( Date: 16-Sep-2021 08:00) Posted: Medtecs Chosen as Asian Development Bank' s Partner to Supply Vital PPE to Asian Developing Countries Amidst COVID-19 Pandemic TAIPEI,  Dec. 18, 2020  /PRNewswire/ --  Medtecs Group, a leading personal protective equipment (PPE) supplier based in  Taiwan, had passed the rigorous procurement process of the  Asian Development Bank  (ADB) in  June 2020  to become the ADB' s supplier of critical protective gear for frontline health workers risking their lives in the fight against the novel coronavirus (COVID-19). Medtecs has been operating in  Cambodia  since 1999 and employs more than 5,500 people at its Kampong Cham factory, with 82% of the workforce composed of female workers. These Medtecs workers have been working tirelessly to help produce more than 1.2 million medical garments for those who need them in 11 developing countries in the  Asia-Pacific  region, including their hometowns in  Cambodia. In response to global efforts to combat the COVID-19 pandemic, the Health Sector Group of ADB' s Sustainable Development and Climate Change (SDCC) Department had mobilized funding to address this global health crisis in the amount of  US$48.3 million, part of which was used to undertake procurement of urgently needed medical supplies. " Our vision is to provide world-class medical products, services and protective wear to ensure that every frontline healthcare worker returns home safe. We feel very proud to be involved in this ADB initiative," said Medtecs Group CEO,  William Yang. " Medtecs has always been committed to providing safe, comfortable protective clothing and equipment for healthcare professionals and workers since the company was founded more than 30 years ago." Medtecs was one of the suppliers selected through the ADB' s procurement process, and was awarded a contract of $5 million to PPE, including isolation gowns, coveralls and shoe covers, to be distributed to frontline health workers in 11 ADB member countries. Someone said Medtecs is downtrend, pretty obvious from $1 to now less than 50c, this where opportunity starts to form. So long as company is sound, just have to wait for the right moment. Yatsa dyodd

 

Today medical stocks start to rebound

 

Anyway all the best to everyone who are invested. Better not post lest someone will post after me.
If you have any updates please share so we can huat together

 

Medtecs Chosen as Asian Development Bank' s Partner to Supply Vital PPE to Asian Developing Countries Amidst COVID-19 Pandemic

TAIPEI,  Dec. 18, 2020  /PRNewswire/ --  Medtecs Group, a leading personal protective equipment (PPE) supplier based in  Taiwan, had passed the rigorous procurement process of the  Asian Development Bank  (ADB) in  June 2020  to become the ADB' s supplier of critical protective gear for frontline health workers risking their lives in the fight against the novel coronavirus (COVID-19).

Medtecs has been operating in  Cambodia  since 1999 and employs more than 5,500 people at its Kampong Cham factory, with 82% of the workforce composed of female workers. These Medtecs workers have been working tirelessly to help produce more than 1.2 million medical garments for those who need them in 11 developing countries in the  Asia-Pacific  region, including their hometowns in  Cambodia.

In response to global efforts to combat the COVID-19 pandemic, the Health Sector Group of ADB' s Sustainable Development and Climate Change (SDCC) Department had mobilized funding to address this global health crisis in the amount of  US$48.3 million, part of which was used to undertake procurement of urgently needed medical supplies.

" Our vision is to provide world-class medical products, services and protective wear to ensure that every frontline healthcare worker returns home safe. We feel very proud to be involved in this ADB initiative," said Medtecs Group CEO,  William Yang. " Medtecs has always been committed to providing safe, comfortable protective clothing and equipment for healthcare professionals and workers since the company was founded more than 30 years ago."

Medtecs was one of the suppliers selected through the ADB' s procurement process, and was awarded a contract of $5 million to PPE, including isolation gowns, coveralls and shoe covers, to be distributed to frontline health workers in 11 ADB member countries.

Someone said Medtecs is downtrend, pretty obvious from $1 to now less than 50c, this where opportunity starts to form. So long as company is sound, just have to wait for the right moment.
Yatsa dyodd

 

UG Healthcare the composition
Zen UG Pte. Ltd.Corporation21 Dec 2020.    47.5666%.      293,133,293870,569-
Raydion Direct Global IncCorporation21 Dec 2020.    12.2764%.    75,654,253224,683-
Wong (See Keong)Individual Investor21 Dec 2020.      4.6930%28,921,28985,892-
Ang (Beng Teck)Individual Investor15 Sep 2020.          2.6868%      16,557,789296,592-
Employees Provident Fund (EPF)Investment Advisor08 Oct 2020.        1.7582%.      10,835,20010,835,200LOW

 

Yang (Ker-Cheng)Individual Investor.      19 Mar 2021                                              10.5110%              57,748,4830.                      LOW
Holdrich International Ltd.Corporation.    19 Mar 2021                                                2.3012%.            12,643,2606,321,630.        LOW
IFast Financial Pte Ltd.Corporation.        19 Mar 2021.                                                2.2061%            12,120,40012,120,400.      MED
Leow (Siew Choo)Individual Investor.    19 Mar 2021                                                  0.8813%.            4,841,9004,841,900.        MED
BlackRock Institutional Trust Company, N.A.Investment Advisor.      31 Aug 2021.      0.8339%.            4,581,800266,200.            LOW

 

Do not look at this.  No use.  How much the family can make from the business is peanuts as they owned so little shares (officially of course). 


 

Yatsa13      ( Date: 15-Sep-2021 22:46) Posted: If you refer to the table below, Medtecs is performing better than UG and the rest. They are expert in PPE and not mask. William Yang is young and confidence with the guidance from his father, Clement Yang. His sister also came in to expand the company. https://www.businesstimes.com.sg/companies-markets/medtecs-strategises-to-be-more-than-a-one-hit-pandemic-wonder Medtecs strategises to be more than a one-hit pandemic wonder Medtecs International Corporation Limited (the &ldquo Company&rdquo or &ldquo Medtecs&ldquo ) is the world&rsquo s leading provider and distributor of personal protective equipment (PPE) and a trusted multi-national PPE stockpiling solutions provider to governments and group purchasing organizations around the world.  Will continue to monitor and watch, further dip could be an opportunity to collect. The dividend payout also quite good.    Yatsa13      ( Date: 15-Sep-2021 16:21) Posted:

 

If back to 30c will collect or accumulate. For now will monitor the movement.
Cheers

peterwong321      ( Date: 15-Sep-2021 22:11) Posted: Back to 30 cents

 

If you refer to the table below, Medtecs is performing better than UG and the rest.
They are expert in PPE and not mask. William Yang is young and confidence with the guidance from his father, Clement Yang. His sister also came in to expand the company.
https://www.businesstimes.com.sg/companies-markets/medtecs-strategises-to-be-more-than-a-one-hit-pandemic-wonder

Medtecs strategises to be more than a one-hit pandemic wonder
Medtecs International Corporation Limited (the &ldquo Company&rdquo or &ldquo Medtecs&ldquo ) is the world&rsquo s leading provider and distributor of personal protective equipment (PPE) and a trusted multi-national PPE stockpiling solutions provider to governments and group purchasing organizations around the world. 

Will continue to monitor and watch, further dip could be an opportunity to collect. The dividend payout also quite good. 
 

Yatsa13      ( Date: 15-Sep-2021 16:21) Posted:

 

Back to 30 cents

 

Bro, u mistaken me.  It is the other way round.  UG directors are more confident of their co and hence will try to maintain or raised their share price.
 

Yatsa13      ( Date: 15-Sep-2021 16:27) Posted: If what you said is true, then Medtecs got hope.  Monitoring and doing some homework.  Fundamentally looks healthy and the future is bright. Will let the big boy press the price down first then decide .... later ETLee8      ( Date: 15-Sep-2021 16:18) Posted: UG' s directors owned more tyhan 65% shares, Medtecs directors owned about 12%.    Besides raw materials for Gloves is limted from Malaysia, Indo, Thailand,    Raw materials for Medtecs products are easily available. Which co share price will be more supported ?,  Clear right

 

WY last year yaya papaya go webninar now hide one corner liao. There is nothing to expect from this company already. He also buy high price got stuck, now rather he use the remaining earnings and happy happy liao. Still buy up for those stuckist here meh? Reminder, last quarter result they dont even do and forward guidance on the revenue and profit. Dare dare next quarter close to 0 earnings or worse at a loss

3jhuat      ( Date: 15-Sep-2021 13:49) Posted: Was wandering at this price WY should have done some share buyback. Company is cash rich. Midtermer      ( Date: 15-Sep-2021 13:33) Posted: Duno whether durian inside got meat anot. lol. Jokes aside the share price is getting ridiculous. I hope WY can wake up and start to do DCA

 

Why is it so .... both also from Malaysia 

bxylqwan      ( Date: 15-Sep-2021 16:32) Posted: Topglove and riverstone were playing the same game a month ago. But currently Topglove is the clear winner. Loool ringo88      ( Date: 15-Sep-2021 16:30) Posted: Between MT and UG, it almost seems like who can go lower faster..

 

Topglove and riverstone were playing the same game a month ago. But currently Topglove is the clear winner. Loool

ringo88      ( Date: 15-Sep-2021 16:30) Posted: Between MT and UG, it almost seems like who can go lower faster... revolvingdoors      ( Date: 15-Sep-2021 15:35) Posted: does anyone think Medtecs' price will dip below UG?

 

Between MT and UG, it almost seems like who can go lower faster...

revolvingdoors      ( Date: 15-Sep-2021 15:35) Posted: does anyone think Medtecs' price will dip below UG?

 

If what you said is true, then Medtecs got hope. 
Monitoring and doing some homework. 
Fundamentally looks healthy and the future is bright. Will let the big boy press the price down first then decide .... later

ETLee8      ( Date: 15-Sep-2021 16:18) Posted: UG' s directors owned more tyhan 65% shares, Medtecs directors owned about 12%.    Besides raw materials for Gloves is limted from Malaysia, Indo, Thailand,    Raw materials for Medtecs products are easily available. Which co share price will be more supported ?,  Clear right. revolvingdoors      ( Date: 15-Sep-2021 15:35) Posted: does anyone think Medtecs' price will dip below UG?

 

Medtecs International Corporation  achieved a rare feat of making a clean sweep of all four awards categories for this sector. The Tai­ wan-based but Singapore-listed company specialises in providing personal protective equipment (PPE) for the healthcare industry. These ranged from masks to dispos­ able gowns.

  Demand for the company&rsquo s products has seen a supranormal surge when the pandemic hit and hospitals and clinics around the world requiring personal protective equipment (PPE) to keep their healthcare workers safe.

TA_Expert      ( Date: 15-Sep-2021 11:23) Posted: NTUC fairprice was selling masks of 50 at $3.95 last week. Cartons, not boxes sold one by one.