$MEDTECS INTERNATIONAL CORP LTD(546.SI)$All i can say, for any stock in general, if in for short term, stock market is not for you. Please go casino instead. Price move because people always have an irrational mind, a gambler mindset. People can offer to buy cheap, but if those holding can think properly, analyze the business fundamentals and not sell cheap if it is indeed reasonably well, of cause the price will not drop. It is so simple as that.
$ASIAN PAY TELEVISION TRUST(S7OU.SI)$each quarter dividend maintain, yield is so good (proven to not be a one-off event) but price always never go up, in fact keep dropping despite maintaining dividends.
$MEDTECS INTERNATIONAL CORP LTD(546.SI)$no need to worry about vaccine, vaccine does not mean people will let their guard down. It will be a big mistake to humanity if we let our guard down because we have some protection against virus. Demand for PPE and masks going forward will still be high
$MEDTECS INTERNATIONAL CORP LTD(546.SI)$And when it goes up, those who sold will cry father cry mother. All i can say is know your own objective. If you are short term, please find a short term instrument or gamble in a longer term instrument at your own risk
Personally, to participate in the covid game, i prefer companies that are manufacturing PPE, masks, gloves as opposed to drug makers. So far from my observations, mask wearing seems to still be the default mode of protection as the virus spreads through the air. Masks, gloves, PPE continue to be the mode of protection in hospitals, i doubt hospitals will relax the requirements for their staff to wear their protective gear, unless they want history to repeat itself again. For drug makers, there is always legal risks involved, and large amounts of cash needs to be burnt in the process of research, hopefully it will yield positive results. So considering the cash burn requirement and legal risks, i still feel manufacturers of masks, gloves, PPE are a safer bet