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Midas
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iPunter
Supreme |
06-Dec-2006 22:52
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Midas closed at 1.12. But seems like the stock went to a low of 1.04 on the chart today. Hey, if it really went down to 1.04 today, this is very dicey, man! |
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jimitan
Member |
06-Dec-2006 22:14
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thanks cashiertan.will hold on to it. |
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cashiertan
Elite |
06-Dec-2006 12:36
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this co got good FA, i guess thou price drop i believe it should go up in long term.. |
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jimitan
Member |
06-Dec-2006 12:33
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wow very high vol. Bought some at 1.13 now tomp due to marriage deals. Anyone with info on this ctr? Who is buying and who is selling ? What is target price? |
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singaporegal
Supreme |
03-Dec-2006 17:11
Yells: "Female TA nut" |
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Trend uncertain... be cautious for this one |
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iPunter
Supreme |
03-Dec-2006 12:28
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Anyway today U can go $Starbucks relax a bit, Tomorrow fresh for more action. :) |
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iPunter
Supreme |
03-Dec-2006 12:25
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That's true. :) |
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cashiertan
Elite |
03-Dec-2006 12:12
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i highlight MAY. it is not confirmed till formed so can expect some resistance at prev high. personally wont enter till prev high is broken with ease.. |
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iPunter
Supreme |
03-Dec-2006 11:54
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May be in the process of forming a Double Top. :) |
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cashiertan
Elite |
03-Dec-2006 11:49
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Midas soon be making a move soon.. watch out |
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zhuge_liang
Supreme |
23-Nov-2006 21:12
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Beijing plans to build expand its subway system to 273km by 2010 and to 561km by 2020, to surpass London with the world's longest subway. This will ease the city's worsening traffic gridlock. As the dominant supplier of aluminium alloy extrusion profiles to major train manufacturers in China, Midas is well positioned to benefit from Beijing's move. Midas looks overbought and could undergo a little correction before it moves higher. |
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cashiertan
Elite |
23-Nov-2006 00:33
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i think the upward may be limited with 1 thrust upwards before it goes down again. RSI is pointing south.. however, we can never outsmart the insider thus, i keep my finger cross. as for me, i keep out as i think profit is limited.. |
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jimitan
Member |
23-Nov-2006 00:29
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Hi guys, the Bollinger Bands are opening up and prices are along the upper band. Got a feeling it is going up soon. Anyone care to share opinion? |
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knightrider
Elite |
15-Nov-2006 15:09
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I was waiting for it to go down since Oct till now, I think it will stay and always stagnat at 0.995 to 1.03. The big timer has already corner out this share. The latest news is from this businessman Gary Gay or someone connected to this former Army officer who turn businessman Tommy Goh - former Omins group which sold away and form a venture funding company for investment. They bought at 0.96 the latest round. FYI. |
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singaporegal
Supreme |
15-Nov-2006 14:45
Yells: "Female TA nut" |
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Looks to be on downtrend.... wait a few days to be clear. |
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maxsyn
Veteran |
14-Nov-2006 21:56
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MIDAS THIRD QUARTER NET PROFIT JUMPS 54% TO S$6.6 MILLION - Proposes interim 3Q cash dividend of 0.50 Singapore cents per share 3QFY06 Financial Highlights: - Revenue up 73% to S$27 million Revenue up 73% to S$27 million- Net Profit up 54% to S$6.6 million Net Profit up 54% to S$6.6 million- EPS up 39% to 0.78 Singapore cents EPS up 39% to 0.78 Singapore cents- NAV up 60% to 19.28 Singapore cents NAV up 60% to 19.28 Singapore cents |
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Nostradamus
Supreme |
01-Nov-2006 23:49
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Rose on talks of institutional buying. |
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savvysamyeo
Member |
26-Oct-2006 02:26
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"DBSV has increased its target price to $1.17 as it expects strong growth potential from its new joint venture, China Northeast Light Alloy Co. "This (joint venture) is a positive development for Midas, as it would allow the group to move into high-end aluminium products that cater to the aerospace, aviation, shipbuilding and petrochemical industries," DBSV told clients in a note. " There is no doubt that with this joint venture Midas has catapulted herself to become the top 1 or 2 alumininium alloy producer in China. China has high ambitions to be the Detroit of the East and is actively looking into developing herself as an aerospace centre for this part of the World with expertise and jv with the West. There will be more annoucements likely in the near future with regard to these high value manufacturing projects which will boost Midas prospect long into the future. Mida is a stock to be kept for long. as long as China continues developing into a global manufacturing superpower. |
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Nostradamus
Supreme |
26-Oct-2006 01:06
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2 married trades totalling 20.5m shares at $0.92. Talks was that the placement went to a S'pore based fund manager. |
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Nostradamus
Supreme |
27-Sep-2006 23:21
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Besides analyst upgrade, Midas is said to be benefiting from falling aluminium prices. China's only alumina producer Chalco, slashed its alumina price by 22%. Alumina is the raw material used to produce aluminium. |
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