
If the wall .505 clears then we see the train move
OSK DMG Securities says?
MIDAS HOLDINGS LTD | BUY | TP: S$0.75
Midas? 3Q13 revenue surged 48.5% y-o-y to CNY301.0m, as utilisation of its production lines continued to improve (3Q13: 55%, 2Q13: 50%)
However, as it took on more low-margin jobs, the gross margin dipped to 20.8% (2Q13: 22.5% 3Q12: 31.5%)
Going forward, we expect profitability to improve as more high-speed train orders, which command higher margins, are secured
The China Railway Corporation recently released a second tender for train cars
China CSR Corp (1766 HK, NR) and China CNR Co (601299 CH, NR) secured the bulk of the first tender?s orders a few months ago
The results of the second tender are expected to be announced in Dec 2013, with China CSR and China CNR being the likely winners again
As both companies are major customers of Midas, it is in a good position to secure more orders
This is expected to boost its current orderbook of CNY900m, with deliveries scheduled for 2014 and 2015
In the meantime, its associate Nanjing SR Puzhen Rail Transport (NPRT)?s orderbook is currently at CNY8.5bn
Midas? FY13 PATAMI is expected to be boosted by NPRT?s strong performance this year
NPRT?s 3Q13 performance has already exceeded our FY13F numbers
We raise our revenue estimates after taking into account the expected continued improvement in Midas? capacity utilization
However, we lower our gross margin assumption for FY13 and factor in higher operating expenses, which results in our PATAMI estimate of CNY32.9m for the period (from CNY80m)
FY14 is expected to be stronger, as gross margins improve along with higher revenue and strong contributions from NPRT
Maintain BUY
 
traded volume increasing......so stay tune
Peter_Pan ( Date: 21-Nov-2013 13:53) Posted:
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midas chor simi dong dong
If there is a fall coming, never mind, I have prepared for it to collect more at lower price.
 
Huat Ah.
Midas ST: as long as 0.477 is support look for 0.546
Trading Central | 2013-11-20 00:16:00
Our preference: as long as 0.477 is support look for 0.546.
Our pivot point stands at 0.477.
Our preference: as long as 0.477 is support look for 0.546.
Alternative scenario: below 0.477, expect 0.455 and 0.442.
Comment: the RSI is above 50. The MACD is below its signal line and positive. The stock could retrace in the short term. Moreover, the stock is trading above both its 20 and 50 day MA (respectively at 0.5 and 0.48).
Supports and resistances:
0.56 *
0.546 **
0.532
0.5 last
0.486
0.477 **
0.455 *
Copyright 1999 - 2

南 京 地 铁 运 营 公 司 总 经 理 助 理 展 晓 义 告 诉 记 者 , 2014年 地 铁 10号 线 建 成 后 , 一 号 线 和 一 号 线 南 延 线 将 贯 通 运 营 , 而 安 德 门 站 至 南 京 站 的 区 域 内 , 客 流 量 会 比 较 大 , 车 辆 不 能 满 足 现 有 的 客 流 量 , 只 有 通 过 增 车 来 满 足 乘 客 舒 适 出 行 的 需 要 。
本 月 , 南 京 地 铁 公 司 出 资 5.89亿 元 , 向 南 京 浦 镇 城 轨 公 司 增 加 购 买 13列 地 铁 1号 线 列 车 , 新 购 买 的 列 车 将 在 明 年 下 半 年 开 始 陆 续 交 付 。
midas most ideal dividend assured stock
You Are Right Hold Tight ! Everybody Can See Market Was Down !
Don't Listen To The Empty Vessels Keep Making Bad Remark Without Facts ! 
MADIS Has Billions Dollar Contract & Good Profitable Result So Nothing To Worry !
You Can See Many Of The Securities Firm Strongly Recommended As Worth Holding!
 
 
 
Davidson ( Date: 20-Nov-2013 23:05) Posted:
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Damp hard like metal. Give up with him.
MetalTrader ( Date: 20-Nov-2013 18:03) Posted:
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May b u r right. Did i overlook it? I have doubt r they accumulating at 0.50cents or time for them to sell down? Since so many securities firm has strongly recommended this penny share worth holding. How can I be wrong? I will choose to believe them. Hold tight!!!
Empty vessels makes the most noise.
MetalTrader ( Date: 20-Nov-2013 18:03) Posted:
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High Q volume means this stock is currently being controlled at the moment, BBs are accumulating & waiting for the right time to rocket up, maybe till the next round of projects win announcement next month. Any drastic up or down is unlikely without any catalyst.
Prediction (Midas)
19 Nov night- I predicted Midas of $0.50 is an over-priced stock. Its run up from $0.35 to $0.50 within a year is not sustainable, as its IPO only valued at $0.115. Given the speculators pushed to the limit of $0.50, downtrend is to be expected.
20 Nov-  I  warned that 941k of Midas is a poor support. The value of Midas is overly aggregated & will fall once support is gone.
19 Nov night- I predicted Midas of $0.50 is an over-priced stock. Its run up from $0.35 to $0.50 within a year is not sustainable, as its IPO only valued at $0.115. Given the speculators pushed to the limit of $0.50, downtrend is to be expected.
20 Nov-  I  warned that 941k of Midas is a poor support. The value of Midas is overly aggregated & will fall once support is gone.
Again its all about DYODD.....Strong q ing on both ends would either mean accumulation or distribution.....so its more of a 50/50. Again i may be wrong...
MetalTrader ( Date: 20-Nov-2013 16:18) Posted:
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贱 !
MetalTrader ( Date: 20-Nov-2013 15:48) Posted:
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941k of Midas is not a good support. The value of Midas is overly aggregated, & will down soon once support is gone. Be Prepared for a big fall :)
You can test your luck. But it will end sooner or later :)
wait4opp ( Date: 20-Nov-2013 13:15) Posted:
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Believe or prepare inevitable losses.
Tanhanpeng ( Date: 20-Nov-2013 14:48) Posted:
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MIDAS today transaction so low but both buy & sell Q so long.............