Medtecs boom!

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 admin2
Replied by admin2 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:
Last edit: 13 Oct 2020 21:12 by admin2.

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