Medtecs boom!

3rd week of Oct !

Medtecs boss met investors in TW this afternoon. He is bullish, according to posts in TW forum.

email response from Medtecs IR to investor.

The Company, as disclosed in last Friday' s announcement in response to queries from SGX, are not aware of any information that has led to the downward movement of our share price.

We continue to be proud of being a trusted supplier of PPE for governments and medical institutions around the world.

To address shareholder concerns, we target to release our profit guidance and outlook around the 3rd week of October.

Please be sure to check our Facebook page, the Companys official website and the SGXNet regularly for updates on the Company.'

Beautiful reply from the IR.
1) Reiterated that Medtecs is Trusted Suppliers of PPE (not just masks). Got brand and pricing power.

2) The Company's supplies to Governments and Medical institutions. This is a big deal becos of large orders and assured payments.



Let's excitedly look forward to the profit guidance in 3rd week Oct (15th to 22th Oct). Hope management will be very clear and forthcoming about the business progress and plans.

Dyodd.

Medtecs is riding a business boom which calls for top quality execution & management. They sell to global clients which are health authorities / health institutions.

1) The pandemic has woken up this supposedly sunset industry. It is now a growth industry!

2) The PPE industry is difficult to penetrate for newcomers because of high demands by customers on quality assurance and accreditation requirements.

It won't be long before "interesting" big-name investors report becoming substantial shareholders who have finally discovered this rare gem. Can be soon after CEO spoke at Alibaba event recently.



See the presentation slides: www.medtecs.com/en/news/latest-activitie...y-alibaba-com-taiwan

Combined explanation using TA and FA.

Get ready for the catalyst!