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Drop quite alot these few days. The taiwan tdr is now left with only 6.9 twd.
Time to exit?
109% increase in net profit. Dividend to be disclosed later.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8013E9BA1190CE7A482576B0002E8955/$file/Medtecs_FSFYE2009.pdf?openelement
ohm136 ( Date: 01-Jan-2010 00:34) Posted:
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A total of 2618 lots was traded at the close of yr 2009. This volume was relatively high. It closed unchange at 15 cts but if you take a look at the overall transaction as follows, it may imply something:
627 lots were done at 16 cts, 1766 lots at 15.5 cts and 225 lots at 15 cts. Of the two 15 cts transactions, 200 lots were m. deal and 25 lots were done at the window period, ie 5 minutes after the close at 12.30pm.
I would appreciate view on its potential price movement in yr 2010, be it from chartists or fundamentalists.
Happy New Year!
Once u hv sold, it'll up... Always like dat.
Since u oredi hold so long liao... Hold till nxt yr & c how lor. ('',)
ppdghius ( Date: 29-Dec-2009 21:47) Posted:
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Seems like cannot break through 0.15 and H1N1 seems to have peaked.
Any ideas what to do now? Hold and wait for next quarter result (likely to be good) or sell now?
Hi, ezy123
I think the stock you are talking about is Medtecs not Meditech. It appears that its share price is consolidating at the current price (14 - 15 cts).
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Hi guys
the stock i am watching right now is Meditech on the SGX now trading around 0.145 cents; few months back it was trading around average 0.095 cents. I am looking at 0.18 to 0.19 cents before off loading my stocks or i just might keep it for a while longer. In Taiwan i understand from various business news it trades around 0.50 over cents.
Good Luck in your trade
ezycash
note: Meditech Group of companies is into manufacturing of medical equipment worldwide.
Disclaimer…The subject matters expressed above is based purely on technical analysis and personal opinions of the writer. it is not a solicitation to buy or sell.
He converted from 9.87 % to 1.53 % and 15.18 % to 6.83 % of his deemed interest.
Total is around 17% which works out to be around 37 million (conversion price 0.52sgd).
ohm136 ( Date: 06-Nov-2009 12:53) Posted:
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He converted around 8% (From 9.87 % To 1.53 %) to tdr.
Now he is buying back cheap again.
ohm136 ( Date: 06-Nov-2009 00:01) Posted:
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Medtecs performance will be superb for next financial report
Announcement to Clarify Newspaper Article in Today’s Commercial Times
This announcement clarifies in relation to the newspaper article published in today’s
Commercial Times
and face masks manufactured by Medtecs International Corporation Limited (the
“Company”) .
The article says that as countries around the world prepare themselves for the second
wave of outbreak of the H1N1 Flu, President Obama of the United States had
declared H1N1 Flu outbreak a national emergency on 24th October while the
European Centre for Disease Prevention and Control (ECDC) reported that the global
H1N1 flu death toll had climbed up to 5850.
As a result, a reporter from the
inquire about the increase in demand for the Company’s protective items and face
masks as part of the newspaper’s reporting on the pandemic preparedness of Taiwan
and other countries.
The articles says that the Company has increased shipments of protective wear to
Europe, and has received inquiries for protective wear (about 500, 000 pieces of
protective wear per month) from its American clients to be shipped in 2010. The
articles also points out that the Company had delivered two (2) million pieces of
isolation gowns to the buyer as announced back in July 24 2009, and had delivered
the 1
Control, with the 2
delivered in November. Moreover, the Company had already shipped one (1) million
pieces of FFP2 face masks to Europe and will be shopping an additional one (1)
million pieces of FFP2 face masks by the end of this year.
(��������) in Taiwan on the rising demand for protective wearCommercial Times had contacted the Company tost installment of 15,000,000 pieces of face masks to Taiwan’s Center for Diseasend installment of 15,000,000 pieces of face masks ready beMedtecs TDR closed at NTD 13.50 (about 59 S'pore cts) today vs 10.5 cts per share on sgx.
http://mis.tse.com.tw/Best5_new.html?StkNo=9103
FOXNEWS.COM
Posted: 9:35 pm
August 24, 2009
The H1N1 flu virus could cause as many as 30,000 and 90,000 deaths in the United States and "poses a serious health threat" the Obama administration's advisory group on Science and Technology said in a report released Monday.
Deaths would be concentrated among children and young adults, according to the report. In contrast, the typical seasonal flu kills between 30,000 and 40,000 annually -- mainly among people over 65.
The report predicts 1.8 million will be hospitalized during the epidemic, with up to 300,000 patients requiring intensive care units.
These patients could occupy 50-100 percent of all ICU beds in affected regions at the peak of the epidemic and would place "enormous stress" on ICU units.
More needs to be done to speed up the "preparation of flu vaccine for distribution to high-risk individuals," otherwise the vaccine campaign - currently scheduled to begin in mid October -- will have potentially missed the peak of the epidemic, according to the report.
To read the rest of this story, go to FoxNews.com.