Medtecs boom!
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4 years 3 weeks ago #25429
by pine
1Q2020: US$3.7 million net profit.
2Q2020: US$38.9 million net profit.
already announced
2nd half 2020: Medtecs announced the Group's revenue and profit is expected to exceed that of the first half of the year.
US$38.9 m x 2 = US$77.8 m = SGD107 m at least.
Market cap at S$1.00 share price = SGD550 m.
Therefore, PE 5.1 X.
Very cheap, target price can be $2.00 , in my view.
What do you think?
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3 years 11 months ago -
3 years 11 months ago #25482
by Joes
Pretty sure management will provide a nice 3Q update.
meeting with investors / analysts -- let's see, if this can be pulled off via Zoom. Keep fingers crossed.
Last edit: 3 years 11 months ago by
Joes .
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