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CSR, the nation?s biggest train maker, gained 7.2 percent to 5.08 yuan. China CNR, the second largest, jumped 8.4 percent to 5.56 yuan. China Railway will boost investment in new projects this year to 471.3 billion yuan ($77.4 billion) from a previously planned 416 billion yuan, National Business Daily reported, citing the company. Nine projects will be added, it said.
don't know why everyone is unloading at just 50c ???
Winning contracts is good.
Making money from the contracts is better.
Making a lot of money from the contracts is the best!
Losing money from the contracts is bad.
Losing some money from the contracts is worse.
Losing a lot of money from the contracts is the worst!
Midas? You guess.
Making money from the contracts is better.
Making a lot of money from the contracts is the best!
Losing money from the contracts is bad.
Losing some money from the contracts is worse.
Losing a lot of money from the contracts is the worst!
Midas? You guess.
Stormer ( Date: 31-Oct-2013 16:34) Posted:
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Sold mine and dump the balance $$$ to SIA Engineering as there must be something brewing,
contract won a lot but still sleeping.
Above mention are my view and good luck to those vested !
Winning contracts is good.
But making money from the contracts is better.
Making a lot of money from the contracts is the best!
Midas?
But making money from the contracts is better.
Making a lot of money from the contracts is the best!
Midas?
danger ( Date: 28-Oct-2013 10:48) Posted:
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be careful, might not close above 0.505, sensed throwing down at 0.50. not vested.
The sleeping giant is just going to wake up !!!!!!!!
super undervalued with multi billions of contract on hand.. and more contracts coming
LOAD ON MIDAS WHEN SO CHEAP NOW
MIDAS is trading well above the 50days MA and now slightly over the 200 days MA ....
MACD lines are over the zero line .
MIDAS had secured over RMB 2.01 BILLION contract in 2013 till now . Estimated about another RMB 300+ million to be won by year end .
That could bring total contract value to RMB 2.3 BILLION . The highest ever in MIDAS history .
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Midas ST: short term rebound
Trading Central | 2013-10-22 00:22:00
The MACD must break above its zero level to trigger further gains. Our pivot point stands at 0.447. Our preference: short term rebound. Alternative scenario: below 0.447, expect 0.43 and 0.42. Comment: the RSI is above 50. The MACD is above its signal line and negative. The MACD must break above its zero level to trigger further gains. Moreover, the share stands above its 20 day MA (0.46) but below its 50 day MA (0.48). Supports and resistances: 0.516 * 0.506 ** 0.495 0.475 last 0.454 0.447 ** 0.43 * Copyright 1999 - 2013 TRAD 
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It is not useful to open many threads on a stock:
23-Oct-2013 08:13 OCBC SAID AWAKEN THE SLEEPING GIANT MIDAS
21-Oct-2013 19:11 MIDAS WINS RMB 167.6 MILLION BULLET TRAIN CONTRACT
16-Oct-2013 19:33 MIDAS BAGGED ANOTHER RMB221.8m CONTRACTt
14-Oct-2013 16:35 China railway shares jumped 10% on Thai HSR win
But just imagine , only 1 tender out in AUG/Sept 2013 already more tha RMB 50 BILLION for CSR and CNR
The pie is so huge .. just 1 slice of it is easily a few BILLIONS at least
Another 2nd BIG tender coming out next month by year end
Maybe they only indicated those directly won by MIDAS holdings itself , maybe NRPT 's contract not included
Total YTD order wins why so little until only CNY812.6millions
The following two major one no counted meh? both are talking about BILLIONS and either one is more than the abovementioned in one contracts....
| 36 | MIDAS HLDGS LIMITED | MISCELLANEOUS :: NEWS RELEASE: MIDAS' JV COMPANY NPRT SECURES RMB1.26 BILLION TRAIN CONTRACT | Jun 11 2013 | 05:10:44 PM |
| 30 | MIDAS HLDGS LIMITED | MISCELLANEOUS :: NEWS RELEASE: MIDAS' JV COMPANY NPRT & CONSORTIUM PARTNERS WIN RMB1.1 BILLION METRO TRAIN CONTRACT | Jun 5 2013 | 05:10:48 PM |
Maths FAIL......????????? This two already 2.36billions RMB = CNY2370millions.....
Following last week?s CNY221.8m international train and China metro contract wins, Midas Holdings (Midas) announced last evening that it has secured contracts to supply aluminium alloy extrusion profiles and certain fabricated parts for the manufacture of high-speed trains in China. These contracts are worth CNY167.5m in total, with delivery expected from 2013 to 2014. Total YTD order wins for Midas has now hit ~CNY812.6m (FY12: CNY324.9m). We view Midas? latest high-speed train contract success as a strong re-rating catalyst for its share price given that its last high-speed contract win came in Feb 2011. We believe this may also set the momentum for further such contract wins to come.
Re-rating catalyst ignited maintain BUY
We view Midas? latest high-speed train contract success as a strong re-rating catalyst for its share price and believe that it may set the momentum for further such contract wins to come