Testingnickn
2022-04-28

Two things to expect from $MEDTECS LTD(546.SI)$ AGM tomorrow

1) Dividend, cash rich company (58.29M USD cash and fixed deposits with only 86.69M USD market cap!!!) + great price to book ratio (<0.5) = nice dividend liao

2) Renewal of share purchase mandate = this cash rich company will constantly do share buy back, just like they did in the past, latest being on 28 March 2022 where they purchase 1,500,000 shares

Disclaimer: am a proud owner of$MEDTECS LTD(546.SI)$shares

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Comments

  • TanWK88
    2022-04-28
    TanWK88
    the share price has been depressed while the revenue has been going down which underperforming board members and staff should be ashamed and work harder or quit.
  • JuliusGoldsmith
    2022-04-28
    JuliusGoldsmith
    for cash rich company, it may has nice profitability.
  • Ryanccs75
    2022-04-29
    Ryanccs75
    will be good if got
  • Tracccy
    2022-04-28
    Tracccy
    Waiting AGM, wish you have good earnings❤️‍🔥
  • Juliaaa11
    2022-04-28
    Juliaaa11
    dividends situation is worth to be focused
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