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Midas
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New123
Elite |
14-Apr-2011 21:29
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I think the chances is high given the company is in the niche mkt and a well run established business and product. Is just a matter of time for it to unfold to you..May be the next contract secure will make it run faster...
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goldenpiggy
Senior |
14-Apr-2011 21:17
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What are the chances of it leaping to .84 - .85 after this news??? Chances of it dropping more lightly don't you think?
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New123
Elite |
14-Apr-2011 21:13
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Midas ‘share price is down 14% YTD on policy risks overhang following a change of top official at Ministry of Railways. Recent contract wins by its customers namely CNR and CSR, totalling
We now expect FY11 and FY12 net profit to come in
at S$66m and S$80m (old: S$71m and S$92m), which are both 5% below consensus. Our new
derived TP of S$0.98 is pegged to 18x FY11 P/E (old: 20x) to reflect lower earnings visibility into
FY12. Share price is likely to be order book driven and should see strong support at historical
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dennisb
Member |
14-Apr-2011 20:26
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Hi all, can someone advise me if i sell my stock on ex- dividend date, am i still entitle to receive the dividend? Thank you in advance. |
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New123
Elite |
14-Apr-2011 19:33
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Hope to see it leap up to 84.5 - 85 cents. | ||||
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wisann
Senior |
14-Apr-2011 16:43
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Strong buy queue | ||||
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Isolator
Supreme |
14-Apr-2011 14:50
Yells: "STI is hard landing to below 2000..." |
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Not smart... Just want to sleep well.... lol... | ||||
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GuavaXF30
Master |
14-Apr-2011 14:27
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Smart move. Whole market looks toppish.
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Isolator
Supreme |
13-Apr-2011 23:41
Yells: "STI is hard landing to below 2000..." |
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I took profit, but I am not going to short this... I want to sleep well by reducing my long position.... Anyway, gd luck! |
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New123
Elite |
13-Apr-2011 20:28
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Can we see more upwards movment tmr? May be 85 cents....
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Hulumas
Supreme |
13-Apr-2011 18:00
Yells: "INVEST but not TRADE please!" |
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I keep buying now!
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Isolator
Supreme |
13-Apr-2011 16:11
Yells: "STI is hard landing to below 2000..." |
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Take profit now...... | ||||
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excorfer
Member |
13-Apr-2011 07:34
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if midas can't hold at 0.795. U may want to take profit first. Just my 2 cents :) | ||||
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GuavaXF30
Master |
13-Apr-2011 00:53
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Sorry, think this will be broken. The rise up last week was too fast and for no real reason. This week's news not really substantial.
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amitkatyal
Member |
12-Apr-2011 18:06
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0.78
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Hulumas
Supreme |
12-Apr-2011 16:14
Yells: "INVEST but not TRADE please!" |
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0.8
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wisann
Senior |
12-Apr-2011 15:24
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Anyone can tell where the support for MIDAS? From my chart, it is at 79c (by moving average 50d) |
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Isolator
Supreme |
12-Apr-2011 15:07
Yells: "STI is hard landing to below 2000..." |
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Just in time to reenter Midas..... See you in 90ct when I am really back.... Enjoy.... | ||||
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RockyHero
Member |
11-Apr-2011 18:44
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MIDAS EMBARKS ON CAPACITY EXPANSION PLANS IN LUOYANG CITY SECURES MASTER SUPPLY AGREEMENT WITH LUOYANG CSR - Construction of new plant in Luoyang City, Henan Province targeted to be completed in the second half of 2012 - To supply 100% of Luoyang CSR’s requirements for aluminium alloy extrusion products and fabricated parts on a “preferred supplier basis” - Poised to leverage on proximity to customers and ease of transport to tap growth opportunities in Central and Southern China With the addition of new production capacity at Luoyang City, the Group’s total annual extrusion production capacity is set to increase by 40% from 50,000 tonnes currently to 70,000 tonnes. Its annual downstream fabrication capacity to process train car body components will also increase by 30% from 1,000 train cars currently to 1,300 train cars. The new production plant will be funded by proceeds raised from Midas’ Hong Kong secondary listing in October 2010 and internal resources. The above developments are not expected to have a material financial impact on the Group for the financial year ending December 31, 2011. |
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GuavaXF30
Master |
09-Apr-2011 16:09
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Okay lah. Midas should cover your GAR short loss. End of the day, still got other days to come back and play.... have a good rest.
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