Medtecs boom!

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08 Oct 2020 10:45 #25501 by Joom
Replied by Joom on topic Medtecs boom!
Only 1 million shares traded so far at 1030 am. Stock at $1.19, expected PE about 5X or less for this year's earnings.


Shortists finally staying away-- or they will get burned -- because fantastic 3Q results will be released some time next week.

Buyers not so many either as those who want to can see the undervaluation of the stock have already done bought in, and positioned themselves for 3Q results.

Funds are the missing creatures. Probably they need to access management after 3Q for clarity.

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11 Oct 2020 18:07 #25504 by pine
Replied by pine on topic Medtecs boom!
3Q profit to be announced this week will be huge, hopefully. Will catch the eye of institutional investors. The thing about insti is, as Rodknight buddy says, they don’t just look at one or two quarters of excellent results....the 3rd qtr and 4th qtr results and outlook are crucial imho. by then how many of us are still in this stock if the institutional investors come? Hence, i thjnk if we want supernormal profits, must think big and far.....not everyday worry abt contra traders or shortists.

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13 Oct 2020 21:07 - 13 Oct 2020 21:12 #25508 by min1xyz
Replied by min1xyz on topic Medtecs boom!
Medtecs has guided that 4Q profit will be higher than 3Q. Thus, conservatively, the minimum 4Q profit and FY20 profit are as follows:
Attachments:
Last edit: 13 Oct 2020 21:12 by min1xyz.

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27 Oct 2020 12:43 - 27 Oct 2020 12:45 #25516 by Joom
Replied by Joom on topic Medtecs boom!



1. commenced operations in the Philippines in 1989 and has since established a strong presence in the United States, Europe, and Asia Pacific.

2. offices and facilities spanning across Asia - in Singapore, Taiwan, the Philippines, the People's Republic of China ("China"), and Cambodia.

3. listed in Singapore on October 6, 1999.

4. The Group's Taiwan Depository Receipts were listed on the Taiwan Stock Exchange (TWSE) on December 13, 2002.
Last edit: 27 Oct 2020 12:45 by Joom.

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03 Nov 2020 09:54 #25519 by Joom
Replied by Joom on topic Medtecs boom!
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The following user(s) said Thank You: BagDadDough

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16 Nov 2020 16:06 - 16 Nov 2020 16:07 #25535 by pine
Replied by pine on topic Medtecs boom!
Thursday, 212,000 shares naked short-sell.
T+2, today, Monday, Kana SGX buy-in at higher prices.
Plus CDP charges a processing fee of S$75.00 (S$80.25 inclusive of GST) for each failed contract.
+ brokerage rate of 0.75% .



SGX buy-in details: links.sgx.com/FileOpen/Buying-InSecuriti...cement&FileID=639376
Attachments:
Last edit: 16 Nov 2020 16:07 by pine.

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