I think it is not over yet for Medtec. seem good support at 0.054. Company should do share buy back and if it does so, the price will surely go up.

Posted: September 18, 2015 10:32 am

Posted by: @bigmama

↑

Me dog did warn not to chase Medtech.

Posted: September 14, 2015 8:42 pm

Posted by: @bigmama

↑

Me dog wrong on psi but right on medtech.?

Me dog did warn not to chase Medtech.

Posted: September 14, 2015 8:42 pm

Posted by: @bigmama

↑

Me dog wrong on psi but right on medtech.?

Posted: September 13, 2015 11:46 pm

Posted by: @bigmama

↑

My dog say ..The psi willpeaks tonight for the year and will go down. Don't chase medtech tomorrow.

The share price should not just be dependant on the haze situation. The company is profitable year after year and will be proifitable this FY also. Moreover there will be a new Investor subscribing for 81m shares at $0.07. Accumulate if share price goes below 0.053.

Posted: September 17, 2015 6:57 pm

Posted by: @linbei

↑

All are not over yet.cheer...

All are not over yet.cheer...

went down to 0.054. Hope Medtecs will do share buy back

Posted: September 17, 2015 3:29 pm

Posted by: @outlook

↑

PSI reading has gone down (72 -91 at 3pm) and so have the share price to 0.055. I think there is good value in this company.. Mr Xia Junwei will be subscribing for 81,862,275 new ordinary shares at an issue price of S$0.07.

See announcement :

PROPOSED PLACEMENT OF 81,862,275 NEW ORDINARY SHARES
IN THE CAPITAL OF MEDTECS INTERNATIONAL CORPORATION LIMITED
(" PROPOSED PLACEMENT" )
1. INTRODUCTION
The Board of Directors (" Directors" or " Board" ) of Medtecs International Corporation Limited (" Company" , and " Group" refers to the Company and its subsidiaries) wishes to announce that the Company has on 2 September 2015 entered into a placement agreement (" Placement Agreement" ) with Xia Junwei (" Placee" ), pursuant to which the Placee will subscribe for, and the Company will allot and issue to the Placee, 81,862,275 new ordinary shares of a par value of US$0.05 each (" Placement Shares" ) in the share capital of the Company at an issue price of S$0.07 (equivalent to US$0.05 at the exchange rate of US$1.00:S$1.40) per Placement Share (" Issue Price" ), amounting to a consideration of S$5,730,359.25 (equivalent to US$4,093,113.75 at the exchange rate of US$1.00:S$1.40).
The Proposed Placement is non-underwritten and there is no placement agent appointed for the purpose of the Proposed Placement. The Proposed Placement is to be undertaken by way of a private placement pursuant to Section 272B of the Securities and Futures Act (Chapter 289) of Singapore. As such, no prospectus or offer information statement will be lodged with the Monetary Authority of Singapore in connection with the allotment and issue of the Placement Shares.
2. PRINCIPAL TERMS OF THE PROPOSED PLACEMENT
2.1 Issue Price
The Issue Price represents a premium of approximately 49% to the volume weighted average price of the Company' s shares (" Shares" ) of S$0.0471 based on trades done on the Catalist of the Singapore Exchange Securities Trading Limited (" SGX-ST" ) on 1 September 2015, being the last full market day preceding the date on which the Placement Agreement was signed. The premium of approximately 49% is compliant with the 10% discount limit as stated in Rule 811(1) of the Listing Manual, Section B: Rules of Catalist of the SGX-ST (" Catalist Rules" ).
2.2 Placement Shares
The Placement Shares are to be issued pursuant to the general share issue mandate (" General Mandate" ) approved and granted by shareholders of the Company (" Shareholders" ) at the annual general meeting of the Company held on 30 April 2015 (" AGM" ), whereunder the Directors are authorised to issue not more than 467,548,965 Shares, being 100% of the total number of issued Shares (excluding treasury Shares) as at the date of the AGM, of which the aggregate number of Shares that may be issued other than on a pro rata basis to existing Shareholders must not be more than 233,774,482

PURPOSES OF ISSUE AND USE OF PROCEEDS
Assuming that all the Placement Shares are successfully allotted and issued, the Proposed Placement will raise gross proceeds of S$5,730,359.25 and net proceeds of approximately S$5,509,359.25 (after deducting estimated expenses of approximately S$221,000.00) (" Net Proceeds" ). The Company intends to use 100% of the Net Proceeds from the Proposed Placement for the general working capital of the Company, including but not limited to its business development in the PRC and repayment of bank loans. The Company intends to expand its business in the PRC through the Group' s existing presence in Hangzhou, subject to such business plans as the Board may approve from time to time. The Board intends to use up to 50% of the Net Proceeds for the foregoing business expansion in the PRC.
Pending the deployment of the Net Proceeds from the Proposed Placement for the abovementioned intended purpose, the Net Proceeds may be placed as deposits with banks and/or financial institutions and/or invested in short-term money markets or debt instruments or for any other purposes on a short-term basis as the Board may deem fit in the interest of the Group.

PSI reading has gone down (72 -91 at 3pm) and so have the share price to 0.055. I think there is good value in this company.. Mr Xia Junwei will be subscribing for 81,862,275 new ordinary shares at an issue price of S$0.07.

See announcement :

PROPOSED PLACEMENT OF 81,862,275 NEW ORDINARY SHARES
IN THE CAPITAL OF MEDTECS INTERNATIONAL CORPORATION LIMITED
(" PROPOSED PLACEMENT" )
1. INTRODUCTION
The Board of Directors (" Directors" or " Board" ) of Medtecs International Corporation Limited (" Company" , and " Group" refers to the Company and its subsidiaries) wishes to announce that the Company has on 2 September 2015 entered into a placement agreement (" Placement Agreement" ) with Xia Junwei (" Placee" ), pursuant to which the Placee will subscribe for, and the Company will allot and issue to the Placee, 81,862,275 new ordinary shares of a par value of US$0.05 each (" Placement Shares" ) in the share capital of the Company at an issue price of S$0.07 (equivalent to US$0.05 at the exchange rate of US$1.00:S$1.40) per Placement Share (" Issue Price" ), amounting to a consideration of S$5,730,359.25 (equivalent to US$4,093,113.75 at the exchange rate of US$1.00:S$1.40).
The Proposed Placement is non-underwritten and there is no placement agent appointed for the purpose of the Proposed Placement. The Proposed Placement is to be undertaken by way of a private placement pursuant to Section 272B of the Securities and Futures Act (Chapter 289) of Singapore. As such, no prospectus or offer information statement will be lodged with the Monetary Authority of Singapore in connection with the allotment and issue of the Placement Shares.
2. PRINCIPAL TERMS OF THE PROPOSED PLACEMENT
2.1 Issue Price
The Issue Price represents a premium of approximately 49% to the volume weighted average price of the Company' s shares (" Shares" ) of S$0.0471 based on trades done on the Catalist of the Singapore Exchange Securities Trading Limited (" SGX-ST" ) on 1 September 2015, being the last full market day preceding the date on which the Placement Agreement was signed. The premium of approximately 49% is compliant with the 10% discount limit as stated in Rule 811(1) of the Listing Manual, Section B: Rules of Catalist of the SGX-ST (" Catalist Rules" ).
2.2 Placement Shares
The Placement Shares are to be issued pursuant to the general share issue mandate (" General Mandate" ) approved and granted by shareholders of the Company (" Shareholders" ) at the annual general meeting of the Company held on 30 April 2015 (" AGM" ), whereunder the Directors are authorised to issue not more than 467,548,965 Shares, being 100% of the total number of issued Shares (excluding treasury Shares) as at the date of the AGM, of which the aggregate number of Shares that may be issued other than on a pro rata basis to existing Shareholders must not be more than 233,774,482

PURPOSES OF ISSUE AND USE OF PROCEEDS
Assuming that all the Placement Shares are successfully allotted and issued, the Proposed Placement will raise gross proceeds of S$5,730,359.25 and net proceeds of approximately S$5,509,359.25 (after deducting estimated expenses of approximately S$221,000.00) (" Net Proceeds" ). The Company intends to use 100% of the Net Proceeds from the Proposed Placement for the general working capital of the Company, including but not limited to its business development in the PRC and repayment of bank loans. The Company intends to expand its business in the PRC through the Group' s existing presence in Hangzhou, subject to such business plans as the Board may approve from time to time. The Board intends to use up to 50% of the Net Proceeds for the foregoing business expansion in the PRC.
Pending the deployment of the Net Proceeds from the Proposed Placement for the abovementioned intended purpose, the Net Proceeds may be placed as deposits with banks and/or financial institutions and/or invested in short-term money markets or debt instruments or for any other purposes on a short-term basis as the Board may deem fit in the interest of the Group.

Haze reading at 8am, Sept 16

24-hour PSI: 102-122
3-hour PSI: 82

3-hour PSI readings at 8am on Sept 16 was at 82. The 24-hour PSI was 102-122, which is the lower end of the ' Unhealthy' air quality range.

Posted: September 15, 2015 11:01 am

Posted by: @outlook

↑

Haze reading at 10am, Sept 15

24-hour PSI: 126 - 151
3-hour PSI: 107

3-hour PSI readings at 10am on Sept 15 is at 107, which is the lower end of the ' Unhealthy' air quality range.

http://l.yimg.com/os/publish-images/news/2015-09-10/9d79a300-57c0-11e5-bd73-f1df44489749_Screen-Shot-2015-09-10-at-9-25-06-PM.pn g" style="width:310px" title="PSI readings" />PSI readingsAccording to the haze.gov.sg website, Environment and Water Resources Minister Dr Vivian Balakrishnan spoke to Indonesian Environment and Forestry MInister Dr Siti Nurbaya Bakar yesterday afternoon, following up followed up on a letter he sent last week. Dr Balakrishnan emphasised Singapore' s concern over the haze situation and reiterated Singapore&rsquo s offer of help to Indonesia. According to the report on haze.gov.sg, Dr Siti Nurbaya said Indonesian authorities have deployed resources, including aircraft and helicopters as well as military and police forces, to control fires and conduct law enforcement. However, she added that she will consult Indonesian President Joko Widodo on Singapore&rsquo s offer. Dr Siti Nurbaya also agreed to Dr Balakrishnan&rsquo s request for Indonesia to share the names of companies suspected of causing the fires.

Singapore assistance package, which it has offered the Indonesian government since 2005, comprises one C-130 aircraft for cloud seeding operations up to two C-130 aircraft to ferry a fire-fighting assistance team from the Singapore Civil Defence Force (SCDF) a team from SCDF to provide assessment and planning assistance to our Indonesian counterparts in their fire-fighting efforts high resolution satellite pictures and hotspot coordinates and one Chinook helicopter with one SCDF water bucket for aerial fire-fighting.

The National Environment Agency (NEA) also issued a health advisory, which reads as follows: The health impact of haze is dependent on one&rsquo s health status, the PSI level, and the length and intensity of outdoor activity. Reducing outdoor activities and physical exertion can help limit the ill effects from haze exposure. Given the air quality forecast for the next 24 hours, healthy persons should reduce prolonged or strenuous outdoor physical exertion. The elderly, pregnant women and children should minimise prolonged or strenuous outdoor physical exertion, while those with chronic lung or heart disease should avoid prolonged or strenuous outdoor physical exertion. Persons who are not feeling well, especially the elderly and children, and those with chronic heart or lung conditions, should seek medical attention.

Posted: September 15, 2015 9:57 am

Posted by: @ysh2006

↑

Last yr also got haz the counter shoot up how come this year no ?...

Haze reading at 10am, Sept 15

24-hour PSI: 126 - 151
3-hour PSI: 107

3-hour PSI readings at 10am on Sept 15 is at 107, which is the lower end of the ' Unhealthy' air quality range.

http://l.yimg.com/os/publish-images/news/2015-09-10/9d79a300-57c0-11e5-bd73-f1df44489749_Screen-Shot-2015-09-10-at-9-25-06-PM.pn g" style="width:310px" title="PSI readings" />PSI readingsAccording to the haze.gov.sg website, Environment and Water Resources Minister Dr Vivian Balakrishnan spoke to Indonesian Environment and Forestry MInister Dr Siti Nurbaya Bakar yesterday afternoon, following up followed up on a letter he sent last week. Dr Balakrishnan emphasised Singapore' s concern over the haze situation and reiterated Singapore&rsquo s offer of help to Indonesia. According to the report on haze.gov.sg, Dr Siti Nurbaya said Indonesian authorities have deployed resources, including aircraft and helicopters as well as military and police forces, to control fires and conduct law enforcement. However, she added that she will consult Indonesian President Joko Widodo on Singapore&rsquo s offer. Dr Siti Nurbaya also agreed to Dr Balakrishnan&rsquo s request for Indonesia to share the names of companies suspected of causing the fires.

Singapore assistance package, which it has offered the Indonesian government since 2005, comprises one C-130 aircraft for cloud seeding operations up to two C-130 aircraft to ferry a fire-fighting assistance team from the Singapore Civil Defence Force (SCDF) a team from SCDF to provide assessment and planning assistance to our Indonesian counterparts in their fire-fighting efforts high resolution satellite pictures and hotspot coordinates and one Chinook helicopter with one SCDF water bucket for aerial fire-fighting.

The National Environment Agency (NEA) also issued a health advisory, which reads as follows: The health impact of haze is dependent on one&rsquo s health status, the PSI level, and the length and intensity of outdoor activity. Reducing outdoor activities and physical exertion can help limit the ill effects from haze exposure. Given the air quality forecast for the next 24 hours, healthy persons should reduce prolonged or strenuous outdoor physical exertion. The elderly, pregnant women and children should minimise prolonged or strenuous outdoor physical exertion, while those with chronic lung or heart disease should avoid prolonged or strenuous outdoor physical exertion. Persons who are not feeling well, especially the elderly and children, and those with chronic heart or lung conditions, should seek medical attention.

Posted: September 15, 2015 9:57 am

Posted by: @ysh2006

↑

Last yr also got haz the counter shoot up how come this year no ?...

Last yr also got haz the counter shoot up how come this year no ?...

September 14, 2015
CIDRAP: More MERS in three Saudi cities as WHO recaps mission
Via CIDRAP, Lisa Schnirring writes: More MERS in 3 Saudi cities as WHO recaps mission.
Saudi Arabia reported four more MERS-CoV cases in the past 3 days, two of them likely linked to an outbreak in Medina, and the World Health Organization (WHO) yesterday issued a statement on a recent mission to probe a large hospital outbreak in Riyadh.
A WHO emergency committee earlier this month raised concerns about circulation of the virus as more than 2 million pilgrims are gathering in Saudi Arabia for the Hajj pilgrimage, considered the world' s largest mass gathering.
Though MERS-CoV (Middle East respiratory syndrome coronavirus) activity seems to be slowing some in an outbreak in Riyadh, new infections are popping up in some of the country' s other major cities, such as Jeddah&mdash a primary arrival spot for international travelers&mdash and Medina, one of the country' s major holy sites.

3 Hr PSI is 113 at 9am.

Posted: September 14, 2015 10:48 pm

Posted by: @linbei

↑

1100 hotspots. how many helicopters u need to put off the fire.

1100 hotspots. how many helicopters u need to put off the fire.

The worsening air quality in Riau province in Sumatra prompted the Indonesian government to declare a state of emergency.

• By Sujadi Siswo, Channel NewsAsia

http://www.channelnewsasia.com/news/asiapacific/state-of-emergency/2125578.html

Me dog wrong on psi but right on medtech.?

Posted: September 13, 2015 11:46 pm

Posted by: @bigmama

↑

My dog say ..The psi willpeaks tonight for the year and will go down. Don't chase medtech tomorrow.

3hr psi 223