Medtecs Intl    Last:0.113    +0.001

Medtecs

Half yearly result

http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8C7BDAD116971CFF4825777C002B88CA/$file/Medtecs_Halfyearresults30June10_13Aug10.PDF?openelement

 

Dear Ohm136,

That is called Sgx market.  Over here, commonly, market always under values whatever foreign listing shares!

 

Medtecs' TDR (1TDR is back by 1 ordinary share) on Taiwan Stock Exchange closed at 9.45 new Taiwan dollars (NTDs) on 18/4/2008. Based on the exhange rate of S$1=23.20 NTDs, 9.45 NTDs are equal to 40.73 S'pore cents. However, Medtecs share on sgx closed only at 9 cents. I would appreciate it very much if anyone can advise me the reason for such a big price dicrepancy.