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Just to add, last year UG got rights and bonus but Medtecs non.
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? |
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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? |
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Call what may, this looks to go down further. Their super profits are a one off.
does anyone think Medtecs' price will dip below UG?
Haha... If you scared got no meat buy 1 piece to test first.
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.
easywin ( Date: 15-Sep-2021 13:02) Posted:
| Do not hesitating, opportunity to pickup good and cheap durians. |
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He will do it but at a much lower price.
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 |
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their net cash position is at 0.27?
Tkong214 ( Date: 15-Sep-2021 13:03) Posted:
ET ET, 10% gone no big deal.. Eagerly waiting for you and Jaack at cash $0.27!! Quick quick...
ETLee8 ( Date: 15-Sep-2021 12:30) Posted:
Their mask business is almost totally gone due to heavy competition from many other companies.
Expect significant drop in earnings this quarter and going forward too.
30 cts is getting more realistic now |
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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.
easywin ( Date: 15-Sep-2021 13:02) Posted:
| Do not hesitating, opportunity to pickup good and cheap durians. |
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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.
easywin ( Date: 15-Sep-2021 13:02) Posted:
| Do not hesitating, opportunity to pickup good and cheap durians. |
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ET ET, 10% gone no big deal.. Eagerly waiting for you and Jaack at cash $0.27!! Quick quick...
ETLee8 ( Date: 15-Sep-2021 12:30) Posted:
Their mask business is almost totally gone due to heavy competition from many other companies.
Expect significant drop in earnings this quarter and going forward too.
30 cts is getting more realistic now.
TraderBen ( Date: 15-Sep-2021 11:25) Posted:
| OMG.. those who didnt sell off during the $1.50 - $2.00 period really cursing.. Medical stocks only boom during pandemic.. long wait for the next one.. |
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Soft n breathable...I like it...
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. |
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Do not hesitating, opportunity to pickup good and cheap durians.
Mister ' expert' , masks account for only 10% of revenue. 搞 错 、 会 不 会 的 喔 &hellip &hellip
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. |
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Yeah, scarp value buy is now profitable. What a great start! Oh wait, please let me double average down first. $0.27! Quicker to break even!
We are behind you, 美 德 , in this fight against this evil force and of course, COVID-19!! 加 油 !!Tkong214 ( Date: 15-Sep-2021 10:29) Posted:
Average down target hit! Next one is my double average down target of $0.27 at cash level. If you are like still holding it from high, I think we can tahan another 20 cents drawdown. Let' s do it, quickly!! 别 婆 婆 妈 妈 。 Will not sell a single share to traders and short sellers until my target price!
Tkong214 ( Date: 07-Sep-2021 16:22) Posted:
I maintain my earlier revised Average-Down and Double Average-Down Targets:
Average Down Target: up by an jaw-dropping 53.33% from $0.30 to $0.46 (at scrap value)
Double Average Down Target: up by an equally eye-watering 35% from $0.20 to $0.27 (at cash & receivables value) |
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Their mask business is almost totally gone due to heavy competition from many other companies.
Expect significant drop in earnings this quarter and going forward too.
30 cts is getting more realistic now.
TraderBen ( Date: 15-Sep-2021 11:25) Posted:
| OMG.. those who didnt sell off during the $1.50 - $2.00 period really cursing.. Medical stocks only boom during pandemic.. long wait for the next one.. |
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OMG.. those who didnt sell off during the $1.50 - $2.00 period really cursing.. Medical stocks only boom during pandemic.. long wait for the next one..
NTUC fairprice was selling masks of 50 at $3.95 last week. Cartons, not boxes sold one by one.
Th company explain drop in sale due to purchasing cycle. The hospital will not purchase very month, but rather when stock is low or they see demand coming, then they purchase.
I suspect the Taiwan sale in May may not have been reflected in their HY results. DYODD.
Medtecs is big winner in this pandemic year
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.Speediman ( Date: 15-Sep-2021 10:11) Posted:
Price is looking attractive
Endemic still far away, the pandemic bulls are still in control.
Delta Variant may burst thru last frontier China with thousands of cases
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