Medtecs boom!

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3 years 6 months ago #25538 by Kapitan
Replied by Kapitan on topic Medtecs boom!
Finally some positive FUNDAMENTAL developments that will set the floor for the stock price and move it up in the near term!

1. Hot stock: Medtecs jumps 13% as firm eyes mainboard transfer

www.businesstimes.com.sg/companies-marke...s-mainboard-transfer

2. Medtecs CEO bought 1 million shares at 92 cents.

links.sgx.com/FileOpen/_eFORM1V2_William...cement&FileID=639710

Corporate Presentations done for 2 brokers' clients -- UOB Kay Hian and Phillip Securities.

What's next? Hopefully, a fund becomes a substantial shareholder!

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3 years 6 months ago #25542 by Joom
Replied by Joom on topic Medtecs boom!
Phillip Securities: No more restriction.

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3 years 6 months ago - 3 years 6 months ago #25543 by Joom
Replied by Joom on topic Medtecs boom!
[hr]

Fund managers running passive funds will be buying Medtecs!

Next milestone: LOOK out for transfer from Catalist to Mainboard. More fund managers will be able to buy Medtecs! (Most funds' mandate excludes Catalist stocks)
Last edit: 3 years 6 months ago by Joom.

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3 years 6 months ago #25547 by BagDadDough
Replied by BagDadDough on topic Medtecs boom!
wow thanks for sharing this

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3 years 6 months ago - 3 years 6 months ago #25551 by Val
Replied by Val on topic Medtecs boom!
Medtecs has steadily progressed from when I first took notice of it at $1.23. CEO has done roadshows for SG investors, CEO bought 1 million shares, Company has applied to upgrade to Mainboard, Company will surely commence share buyback after getting a mandate soon. Soon!

Medtecs sits in a strong position with 200 hospitals world wide as customers, an extremely valuable relationship that can only translate into long-term business for Medtecs, and a strategic position to grow even further. There must be easily thousands of hospitals that can look to partner with Medtecs.

Medtecs shares have been sold off in recent months after achieving nearly $2.00, as the vaccine news came around and investor sentiment turned cautious. This gives investors a good chance to buy in.
Last edit: 3 years 6 months ago by Val.

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3 years 6 months ago #25552 by Joom
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