| Latest Forum Topics / Midas Last:0.192 -- |
 Post Reply
|
|
Midas
|
|||||||||||||||
|
Cookie
Member |
25-Nov-2010 14:09
|
||||||||||||||
|
x 0
x 0 Alert Admin |
'plans' only.. nth concrete, shld it even be publised?? isn't it a case of no news is gd news
|
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
Hulumas
Supreme |
25-Nov-2010 13:03
Yells: "INVEST but not TRADE please!" |
||||||||||||||
|
x 0
x 0 Alert Admin |
Does it matter you?
|
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
|
|||||||||||||||
|
Bintang
Elite |
25-Nov-2010 08:32
|
||||||||||||||
|
x 0
x 0 Alert Admin |
Midas has gone into downtrend or rather sideway , it may take few months to do the correction .
|
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
bluesky88
Member |
25-Nov-2010 08:27
|
||||||||||||||
|
x 0
x 0 Alert Admin |
I'll advise you to cut lose & look at other counter with better hope... I cut lose & sold mine! Now aiming GenSp. |
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
harley22ez
Senior |
25-Nov-2010 08:06
|
||||||||||||||
|
x 0
x 0 Alert Admin |
0.93 now even with good news ...whats happening man? | ||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
|
|||||||||||||||
|
Bintang
Elite |
24-Nov-2010 15:53
|
||||||||||||||
|
x 0
x 0 Alert Admin |
Until now Midas still stays below 94 cents .
|
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
Bintang
Elite |
24-Nov-2010 15:49
|
||||||||||||||
|
x 0
x 0 Alert Admin |
Until now Midas still stays below 94 cents .
|
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
hlfoo2010
Veteran |
24-Nov-2010 13:32
|
||||||||||||||
|
x 0
x 0 Alert Admin |
Is Mr. Patrick Chew, Chief Executive Officer of Midas a singaporean? | ||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
|
|||||||||||||||
|
bsiong
Supreme |
24-Nov-2010 09:39
Yells: "The Greatest Wealth is Health" |
||||||||||||||
|
x 0
x 0 Alert Admin |
/cimb - i came i read i posted FYI only. |
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
stockwinner
Member |
23-Nov-2010 17:54
|
||||||||||||||
|
x 0
x 1 Alert Admin |
I already cut loss now....  |
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
Andrew
Master |
23-Nov-2010 11:02
|
||||||||||||||
|
x 0
x 0 Alert Admin |
Wow 935 broken.......HK 1021 trading at 542. | ||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
Buzzoo
Member |
21-Nov-2010 20:28
|
||||||||||||||
|
x 0
x 0 Alert Admin |
Will have to cut loss if it drops below 0.93...(break out from descending triangle..) | ||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
|
|||||||||||||||
|
lowchia
Veteran |
17-Nov-2010 21:03
|
||||||||||||||
|
x 0
x 0 Alert Admin |
On Tuesday, Midas breaks the support at $0.97 and closed at $0.96 with LOW volume of 4 million shares traded. An engulfing bearish line occurred (where a black candle’s real body completely contains the previous white candle’s real body). The engulfing bearish pattern is bearish during an uptrend. It then signifies that the momentum may be shifting from the bulls to the bears. Both RSI & MACD are bearish as RSI trend downwards. Important Resistance of Midas: $0.97 Immediate Support of Midas: $0.935 Currently prices are resisted by the 20/50/200 days MA but supported by 100 days MA. There are a total of 3 bearish signals for Midas 1) Bearish Candle Stick: Engulfing bearish line 2) Bearish trend line: Descending triangle 3) Bearish Indicators: RSI heading downwards and MACD about to cross down SEE ANALYSIS FOR GENTING HK Although we feel that $0.935 will be strong but we would warn investors to consider carefully before vested. |
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
Andrew
Master |
17-Nov-2010 11:29
|
||||||||||||||
|
x 0
x 0 Alert Admin |
BECAUSE RMB iS pEg to USD lor....for now. AlSO cUsToMeR is aLmost aMeRiCaNo lOr..... You like my font.....sexy right ??
|
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
pharoah88
Supreme |
17-Nov-2010 11:20
|
||||||||||||||
|
x 0
x 0 Alert Admin |
WHY in USD WHEN business is in CHINA ? ? ? ? So Share price went to the forex market ? ? ? ? Otherwise it should be shooting like rocket ? ? ? ?
|
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
Tanisha
Member |
17-Nov-2010 11:14
|
||||||||||||||
|
x 0
x 0 Alert Admin |
To me, its a good buying time ;) holding my lots until it shoots up...fundamentals are obviously strong... |
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
Andrew
Master |
17-Nov-2010 11:06
|
||||||||||||||
|
x 0
x 0 Alert Admin |
The small problem of dual listing........1021 is now trading at 5.35HK or 90 Scts below IPO price. Small volume done 302lots..... |
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
bsiong
Supreme |
17-Nov-2010 01:19
Yells: "The Greatest Wealth is Health" |
||||||||||||||
|
x 0
x 0 Alert Admin |
Midas Holdings – Results (Toh wei kiong) Recommendation: Buy Previous close: S$0.97 Fair value: S$1.16
· Revenue for 3Q10 up 34.5% y-y to S$49.7m, net profit up 45.5% to S$13.7m · 3Q10 results were slightly ahead of our expectations · Will pay out at least S$0.01 of dividends for FY10 (forecasting: S$0.013) · Maintain Buy recommendation and fair value estimate of S$1.16 Phillip Securities Research Pte Ltd Singapore |
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
stockwinner
Member |
16-Nov-2010 22:20
|
||||||||||||||
|
x 0
x 0 Alert Admin |
but the stock price keep dropping... | ||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||
|
enghou
Senior |
16-Nov-2010 16:53
|
||||||||||||||
|
x 0
x 0 Alert Admin |
Midas Holdings: BUY; S$0.97; Bloomberg Code: MIDAS SP Earnings on track Price Target : S$ 1.20 (Prev S$ 1.21) by: Paul Yong + 65 6398 7951 3Q10 net profit of S$13.7m (+45%), 10% above our expectation. Gross profit up 20% yoy from new extrusion lines with associate contribution up 250% to S$3.2m Declared 0.25 Scts dividend Maintain BUY, TP S$1.20 based on 20x FY11 EPS Comment on Results Midas’ 3Q10 results were slightly above expectations, growing 45% yoy to S $13.7m on revenue growth of 35% yoy to S$50m. Contributions from the 3rd and 4th production lines helped to drive revenue growth with gross profit up 20% yoy and contribution from associate Nanijng Puzhen up 250% to S$3.2m. Gross margin of 35.8% showed a 3.4ppt sequential improvement, as the new lines start to contribute. YTD Midas’ net profit increased by 27% yoy to S$34.7m on 35% growth in revenue to S$143.4m, on track to meet our full year forecast of S$47.8m. Recommendation Backed by c. RMB1.5bn order book for its core business and c. RMB7bn for its associate Nanjing Puzhen, Midas’ earnings growth prospects remain bright. Furthermore, with nearly S$200m raised on its dual-listing in HK, Midas would be in a net cash position of over S$150m, which would help to fund its future expansion plans (beyond its current 5 extrusion and 3 down-stream fabrication lines). The Group will continue to win more railway related contracts to sustain its growth momentum. We raised our FY10 and FY11 forecasts slightly and rolled over our target price to 20x FY11 earnings (fully diluted for the enlarged share cap) to derive our S$1.20 TP. Maintain BUY. Source: DBS Securities Make Love More, Don't Make More Enemies |
||||||||||||||
| Useful To Me Not Useful To Me | |||||||||||||||