medtecs share price forum

The share price of Medtecs has soared from 3.7 cents at the end 2019 to 92.00 cents as of Nov 19. Reply. ShareJunction is a FREE Singapore Stocks, Investment and Finance portal providing share investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. Medtecs International revenue skyrockets by 480.4%. The Company is an original product manufacturing (OPM) manufacturer and distributor of healthcare, hospitality and work wear products for the global healthcare and hospitality industry. Updated at 21 Apr 2021 17:16. Access detailed information about the Medtecs International Corporation Ltd (MTCS) Share including Price, Charts, Technical Analysis, Historical data, Medtecs International Corporation Reports and more. Disclaimer: Fusion Media would like to remind you that the data contained in this website is not necessarily real-time nor accurate. However, we expect Medtecs International Corporation (MED) ASPs and sales volumes to remain at 90% and 60% above pre-COVID levels, boosted by a higher proportion of sales of self-branded products and new customer relationships formed during the … (3) Leveraging the corporate brand and the overall goodwill and trust in the Group, which was strengthened as the COVID-19 crisis progressed, to develop the Group’s own CoverU line of PPE. (1) Implementation of the "Source and Sell Globally" strategy to provide one-stop, bundled services to meet our customers’ demand for head-to-toe protection by supplementing our existing products with those from third-party vendors from varied locations. Share price: 95.5 c. Target: $1.25 • PPE demand in 1H21 holding steady vs 2H20 with selling prices only inching down • On the lookout for expansion opportunities including M&A • Maintain BUY with a slightly lower TP of S$1.25: FY20 revenue and earnings in line . Medtecs shares had started a price run-up on January 21 when they closed at $0.092 compared to $0.052 the day before, an increase of 77%. Taiwan sister Medtecs already $2.70. ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for SGX shares. Taiwan-headquartered and SGX-listed Medtecs International Corporation Limited's revenue soared by 480.4% to $532.6m (US$400.3m) for the year-ended 31 December 2020. The Company offers various products, such as healthcare textiles work wear, medical devices and equipment, and hospitality textiles. Stable Share Price: AWX is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 5% a week. Final dividend of US$0.0418 per share declared, bringing total FY20 dividend to US$0.0503 or S$0.067 per share. Access detailed information about the Medtecs International Corporation Ltd (MTCS) Share including Price, Charts, Technical Analysis, Historical data, Medtecs International Corporation Reports and more. Shares of Medtecs have rallied this year following the onset of the Covid-19 outbreak, as investors piled into the pandemic beneficiary. The increase followed the announcement of the first confirmed cases of COVID-19 (Wuhan coronavirus) outside of Mainland China on January 20. (Note: The percentage of sales of own label products in the first three quarters of 2020 has exceeded 68% of the Group’s total sales). Medtecs, which makes personal protective equipment, closed at $0.68, down 21.8 per cent or $0.19, with some 137 million shares changing hands. Medtecs Intl: General Announcement :: Entry Into Joint Venture Agreement with ACO International Limited Source: SGXNet. Medtecs reported net profits of US$83.4 million for the first three quarter of 2020, which is a phenomenon return when you consider that the company’s net profit for FY2019 was US$1.2 million. Medtecs International Corporation Limited is an integrated healthcare products and services provider in the Asia Pacific region. How has Medtecs International's share price performed over time and what events caused price changes? Taiwan shares trading at TWD54.70= S$2.59. It manufactures products, such as medical bandages, patient apparels, surgical drapes, crochet blankets and bed linens, and other medical supplies. The Trendlines Group Ltd creates and develops companies to improve the human condition. A lot of room for growth. It invents, discovers, invests in, and incubates medical and agricultural technologies. Year Yield Total Amount Ex Date Pay Date Particulars; 2021: 5.45%: USD 0.042: USD0.0418 2021-05-12: 2021-05-28 Rate: USD 0.0418 Per Security: 2020: 1.11%: USD 0.009 Medtecs' share price rise today is probably due to DBS' initiating report on the company, with a price target of $1.30. sweetcyanide Going by the EPS of USD0.15 for the first three quarter of 2020 and P/E 10x, the price should be around S$2 per share. Medtecs' last bourse filing on June 4 provided details on its annual general meeting, to be held on Friday at Holiday Inn Atrium. Posts: 55 Threads: 1 Joined: Feb 2016 Reputation: 6 #6. DBS expects profit margins to fall, but still well above pre-Covid days. Medtecs International stock has surged 8X from 4 cents to 32 cents this year, a beneficiary of the Covid-19 pandemic. i also missed the boat on this one. Personal protective equipment (PPE) demand and average sales price (ASP) are undoubtedly expected to decline as the COVID-19 situation improves. The Medtecs International PE ratio based on its reported earnings over the past 12 months is 0.391k. A key takeaway is the management's statement on what 2H profit is expected to be. Medtecs announced today it has entered into a Letter of Intent with Enimmune Co (whose mother ADIM is listed on Taiwan Exchange), with intention to explore marketing of the latter's "Speedy Covid-19 Ag Rapid Test in the Phillipines. Medtecs' PPE worn by medics in a UK hospital. Medtecs Surgical Face Mask has been authorized by the FDA under an EUA for use in healthcare settings by HCP as PPE to provide a physical barrier to liquids and particulate materials to prevent HCP exposure to respiratory droplets and large particles during the COVID-19 pandemic.. The share price peaked on January 29 at $0.21 before closing at $0.196 that day – an increase of 277% from January 20. ; Sales volumes are also expected to be c.60% higher in FY22F compared to FY19 supported by new customers acquired during the pandemic. Sumeria Member. The Medtecs brand logo, CoverU, is visible on the PPE. The shares are currently trading at S$0.98. Start a 14-day free trial to Morningstar Premium to unlock our take on 9103. Latest Share Price and Events. Post-pandemic, the Group could sustain gross margins of c.33% led by a higher share of Medtecs-branded product sales. Singapore Stock Market & Finance report, prediction for the future: You'll find the Medtecs International Corporation share forecasts, stock quote and buy / sell signals below. Divs; Anns; Trans; Notes; Articles; Dividend Yield(TTM) = 1.11% If you find any of the dividend record is wrong or duplicated, please contact me. Share Price & News. ; Sales volumes are also expected to be c.60% higher in FY22F compared to FY19 supported by new customers acquired during the pandemic. Sector / Industry Group / Industry: Health Care / Health Care Equipment & Services / Healthcare Equipment and Supplies. Cash holdings expected to rise to about US$100 million, or 35% of market cap in one year's time. According to the filing, Mr Yang was not previously holding Medtecs shares. Medtecs International revenue skyrockets by 480.4%. Medtecs offers compelling value at 6.8x blended FY21/22F P/E. Personal protective equipment (PPE) demand and average sales price (ASP) are undoubtedly expected to decline as the COVID-19 situation improves. The Company is an original product manufacturing (OPM) manufacturer and distributor of healthcare, hospitality and work wear products for the global healthcare and hospitality industry. This is about 37 cts more than the closing price of 15 cts per Medtecs share on sgx. Medtecs' share price surge comes shortly after Aspen Holdings similarly saw a meteoric rise in its shares after announcing a proposed placement, with the latter eyeing a mainboard transfer as well. ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for … Medtecs replied a standard reply: "We are not aware of any reasons for the unusual trading on 18 Sept." DBS expects profit margins to fall, but still well above pre-Covid days. This comes despite lower supply as production in Southeast Asia continues to be limited in the winter season. Initiate with BUY and target price representing 40% upside. Find. Taiwan shares trading at TWD54.70= S$2.59. Creating an account means you’re okay with InvestingNote's Terms and Conditions. How has AEM Holdings's share price performed over time and what events caused price changes? Medtecs Intl: Share Buy Back - Daily Share Buy-Back Notice :: Share Buy Back Source: SGXNet. 03 Mar 2021 09:00. Shares of Medtecs have rallied this year following the onset of the Covid-19 outbreak, as investors piled into the pandemic beneficiary. Stock analysis for Medtecs International Corp Ltd (9103:Taiwan) including stock price, stock chart, company news, key statistics, fundamentals and company profile. Taiwan-headquartered and SGX-listed Medtecs International Corporation Limited's revenue soared by 480.4% to $532.6m (US$400.3m) for the year-ended 31 December 2020. It's FREE to post and participate in Medtecs Intl's discussion. Medtecs' share price surge comes shortly after Aspen Holdings similarly saw a meteoric rise in its shares after announcing a proposed placement, with the latter eyeing a mainboard transfer as well. Disclaimer: The purpose of this blog is not intended to induce or promote any insider trading or manipulation activity. Stable Share Price: 546 is not significantly more volatile than the rest of SG stocks over the past 3 months, typically moving +/- 6% a week. Medtecs shares which were converted to TDRs for sale in Taiwan were sole at NTD 11.93 per TDR (about 52 cts per share). Key Statistics. Medtecs International Corporation Limited is an integrated healthcare products and services provider in the Asia Pacific region. This blog is created for the sole purpose of education, discussion and knowledge sharing. Find out if 9103 (XTAI) is the best investment for you. Medtecs International Corporation Limited is an integrated healthcare products and services provider in the Asia Pacific region. Portfolio Watchlist. It has operations across the United States, Asia Pacific and Europe. Its volume increased to more than 178 million shares compared to about 14 million the day before. Much room for growth. * medtecs international corporation - 1q net profit $3.7 million versus $227,000 BRIEF-Medtecs International Corp Says William Yang Weiyuan Replaced Clement Yang Ker-Cheng As CEO It's FREE. 08-12-2020, 09:56 AM . Shareholders submitted questions in advance of the AGM, and the answers were provided by Medtecs on the SGX website. ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price quotes and market data for … The dividend represents ~7% yield based on the last Medtecs International’s closing price of S$0.955. Volatility Over Time: 546's weekly volatility has decreased from 17% to 6% over the past year. DBS expects a conservative 10% dividend payout for FY2021, which translates to about 1.9 Singapore cents. Medtecs posts FY2020 profit of US$131.7m on demand surge for PPE Source: Business Times. Find the latest MEDTECS INTERNATIONAL CORP (9103.TW) stock quote, history, news and other vital information to help you with your stock trading and investing. ShareJunction is a FREE Singapore Stocks, Shares, Investment and Finance portal providing share, stock investors and traders forum, charts, news, email alerts, price … Two other positives that might have already been partly priced in are: Medtecs' share price rise today is probably due to DBS' initiating report on the company, with a price target of $1.30. View more and participate in our discussion now. (4) Securing recurring orders and cultivating long-term relationships with customers. Shareholders submitted questions in advance of the AGM, and the answers were provided by Medtecs on the SGX website. 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