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Bird flu or not, Medtecs is in an indrustry where its products & services are well positioned for the baby boomers who are at their golden age now. Its top shareholder holds 2.02% direct interest and 9.30% deemed interest as at 15/3/2013. At the last traded price of 7.2 cts per share, one will need about $3.6 m to accumulate enough shares to be the top shareholder.
oldflyingfox ( Date: 15-Apr-2013 10:40) Posted:
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Slow and steady beautiful
Get ready for the charge.... lol
Medtecs in Taiwan move up on high volume and down on low volume now at S$0.13
台 湾 新 增 9例 H7N9禽 流 感 疑 似 病 例 4例 未 排 除
Today volume is much higher than last few days but not top volume of the day, should be top20 % gainers of the day.
Counter in top volumes today, increasing 13.3% Counter used to be the " stock-in-play" during the SARS period, for their manufacturing of surgical masks/ medical equipment. On our posting last Friday, Medtecs International Corporation Ltd- which is dual-listed in Taiwan and Singapore, is an original product manufacturer (OPM) of a wide range of medical consumables for large multinational healthcare distributors, pharmaceutical companies and hospital groups in the United States and Europe. The Group also acts as agent to distribute other branded medical devices in Asia Pacific.
I think it will take longer time if there is a 2nd wave, and it will depends very much on the news of the bird flu.
Last monday chiong 40%. Is it going to happen again today?
There is some movement this morning, up > 10% with volume, watch out for 2nd wave.
Load more today.
There were 50 lots short sold on 12 /4/13 (Fri) at 7.6 cts ps.
Beijing first case of H7N9. Buy on dip do not chase the stock.
Bird Flu Causing Suffocation Shows Severe Spectrum of New Virus...
Sounds logical!
oldflyingfox ( Date: 12-Apr-2013 10:20) Posted:
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No matter how.... buy some if you can.... LOL
treat this counter as an insurance to your stock portfolio, when there is any outbreak, it will cover the losses from your other covers.
longterminvestor ( Date: 11-Apr-2013 21:24) Posted:
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Don't understand why people buy high sell low and short sell even lower !! Medtecs share was converted to TDR at 50+ cents per share, and it was last done at 2.71 NTD (about 11 cts), why?
Tmr cheong low low again?
mb7269 ( Date: 11-Apr-2013 21:27) Posted:
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Same case as those contra Healthway when medtecs went up.