
Relying on haze to spike up the share price does not sound fundamental to me.
Best to avoid such counter,imo.
Fires in Riau have been under control as reported in CNA.The Indon  has more to loose if the region is covered with haze that is why the President reacts differently from his ministers.With the watchful eyes of the  enforcers and plantation stakeholders,the probable return of haze is very remote.Major plantation operators would not want to risk their license and have ramification on their businesses.Probably left are small farmers  doing monkey see monkey do business. 
With the current SW monsoon wind blowing across the region from April to Oct,we would have experience  the haze  should there be any ongoing fires in Sumatra.
Yes, the present price didn't reflected this event too. Whether this counter will go to sleeping mood or continue to play by some big players after stirring it lately, only time will tell.
Good luck to  all.   
The chance of it moving to mainboard does not seem to be high. Note that sgx has rejected medtecs move to the mainboard before. Anyway, it is not very comforting to know that the ceo has been selling a lot of his shares.
oldflyingfox ( Date: 09-Jul-2013 22:59) Posted:
|
Of course it's business don't depend on haze and it has been profitable for the last few years. The increase trading volume was mainly caused by the speculation although it does help push up it's profit.
Anyway, It is a small company waiting to move to mainboard.
Most of us now wld have some masks at home, and seem like its under control. When I have this stock 2 mths back, its the same way, no one vested and price keep going down. The sudden uptrend just give me a long waited chance to run. Anyway, hope Im wrong, good luck.

ohm136 ( Date: 09-Jul-2013 16:57) Posted:
|
The point is that Medtecs is not only making & selling masks, it  also offers other products & services. So, does it mean that the trading of its shares is not significantly depending on haze?
what is the point of having a down trend vol. We are very prepared even if the haze returns. Not vested
ohm136 ( Date: 09-Jul-2013 15:00) Posted:
|
Seems like the big players still in the counter and I suspect there will be a second round of push up when the haze is back as dry season will only end in September. For now, looks like moving side line.
Surprisingly, this counter still remains rather active after haze its trading volume used to be very low or zero.
When Chairman/CEO sold, a lot of people followed. Why?
ppdghius ( Date: 26-Jun-2013 13:07) Posted:
|
see the old price again  

librajet ( Date: 28-Jun-2013 14:31) Posted:
|
No haze/ No virus = No rally
Octavia ( Date: 30-Jun-2013 22:31) Posted:
|
Might be game over for this counter.
Could touch  65 support,100day MA and a break may see 61/60,200day MA.
librajet ( Date: 28-Jun-2013 14:31) Posted:
|
The 24-hour Pollutant Standards Index (PSI) reading is expected to be in the " moderate" range from 6pm Sunday to 6pm Monday, said the National Environment Agency (NEA) in an advisory.
" The showers this morning helped to improve the air quality over Singapore," said the agency, adding that the prevailing southwesterly winds are expected to persist for the next few days.
But the 24-hour average readings of PM2.5 concentration - referring to particles which are 2.5 microns or smaller - will remain slightly elevated. Studies have shown that rain does not fully wash the PM2.5 particles from the air.
The three-hour PSI reading at 6pm stood at 28, after dipping to 17 at 2pm and 3pm - the lowest reading since the haze blanketed Singapore two weeks ago. The 24-hour average PSI at 5pm was 55-61, down from 56-61 at 4pm.
Air in the 51-100 PSI range is considered " moderate" . A reading of between 101 and 200 is considered " unhealthy" , between 201 and 300 is " very unhealthy" , and anything above 300 is hazardous.
However, the 24-hour average readings of PM2.5 concentration remain elevated at 42-57 at 5pm. Health advisories kick in when that figure breaches 40.
" The showers this morning helped to improve the air quality over Singapore," said the agency, adding that the prevailing southwesterly winds are expected to persist for the next few days.
But the 24-hour average readings of PM2.5 concentration - referring to particles which are 2.5 microns or smaller - will remain slightly elevated. Studies have shown that rain does not fully wash the PM2.5 particles from the air.
The three-hour PSI reading at 6pm stood at 28, after dipping to 17 at 2pm and 3pm - the lowest reading since the haze blanketed Singapore two weeks ago. The 24-hour average PSI at 5pm was 55-61, down from 56-61 at 4pm.
Air in the 51-100 PSI range is considered " moderate" . A reading of between 101 and 200 is considered " unhealthy" , between 201 and 300 is " very unhealthy" , and anything above 300 is hazardous.
However, the 24-hour average readings of PM2.5 concentration remain elevated at 42-57 at 5pm. Health advisories kick in when that figure breaches 40.
Indonesia says haze fires greatly reduced
Still, keeping a box of masks is a good practice. We are all too used to live in a safe place, have to start changing our mind set and not wait till thing happened then start to  complaint.
Thanks God, the haze seemed to be under control.Latest news on the hot spots is under 10.Can expect clear sky and passing showers over the wkend.
Mask is readily available at NTUC fairprice,Guradian and other pharmaceutical outlets.There is no need to panic buy or overstocked.
Instead ppl are queueing to buy Hello Kitty more than nything else.lol
almost back to my buying price .064 two months back
librajet ( Date: 26-Jun-2013 15:30) Posted:
|
We need to prepare for it as we all know it is not over yet. Don't wait till it comes then rush to get the masks. Lesson need to be learn. Next week school opening so better to prepare it now.