Latest Forum Topics / Midas Last:0.192 -- | Post Reply |
PROFIT WARNING
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ruanlai
Master |
16-May-2013 18:33
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CALL FOR BUY............................... | ||||
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New123
Elite |
11-Nov-2011 12:01
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I think short term is down.. Esp when they announce their result. It may go down further. If you need the money then  u hv to decide whether to  bite the pain/cut loss( base on yr own decision). Once it breakdown 38 cents then it may retest 32 cents...Can consider to buy back when it is 30 cents..
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GuavaXF30
Master |
11-Nov-2011 09:02
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I think profit warning here is to be expected given the curbs of train investment in China. But also think it will recover given time. Sooner or later China has to resume their train lines expansion. As for CEO resigning, alluding to Noble I believe. To be fair, the Noble  CEO was not long in the job having just taken over about  one year ago. But I guess he was a victim of circumstance. The real problem with Noble is, this kind of resulting losses couldn't have come from just one year's management. They were results of policies implemented from before that used to work but are now turning sour. So even with CEO resigning and old CEO stepping, does this turn the situation around ? My call is stay clear of both but for longer term, Midas can consider buying when drop further. But must have patience to wait for a few years  now.
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teeth53
Supreme |
10-Nov-2011 23:12
Yells: "don't learn through life, learn to grow with life " |
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Is this stk going to follow Noble style, still i believe it CEO is not resigning...right?. | ||||
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Hulumas
Supreme |
10-Nov-2011 22:53
Yells: "INVEST but not TRADE please!" |
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Oh no, what shall I do?
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wait4opp
Veteran |
10-Nov-2011 16:21
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Wow ! Profit warning........ Lucky I have a bad feeling in the morning and dump every QTY i got....... Another Coning China Company.....CHEY! |
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tianji
Member |
10-Nov-2011 15:02
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Company issued profit warning letter......... A Significant Drop in Profit for this coming Result anouncement on 14 November 2011. Shorted this counter by big timer...... |
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