Post Reply
10101-10120 of 10484
I like the chart. Join in also..
This is probably profit-taking for yesterday's price rise, which is nothing unusual.
kkboy1 ( Date: 30-Apr-2009 16:31) Posted:
I see today there is selling pressure
richtan ( Date: 30-Apr-2009 14:45) Posted:
| There is also a bullish engulfing candle reversal from the support & bounce of the lower bollinger band |
|
|
|
I see today there is selling pressure
richtan ( Date: 30-Apr-2009 14:45) Posted:
There is also a bullish engulfing candle reversal from the support & bounce of the lower bollinger band.
richtan ( Date: 30-Apr-2009 14:29) Posted:
|
Midas is an extremely good buy at current price as chart shows it has bounce of the support & RSI turning up from 30. & has great upside potential to move to the resistance.
To the wise, this is the best time to fish & accumulate when the riverside is still not crowded. |
|
|
|
There is also a bullish engulfing candle reversal from the support & bounce of the lower bollinger band.
richtan ( Date: 30-Apr-2009 14:29) Posted:
|
Midas is an extremely good buy at current price as chart shows it has bounce of the support & RSI turning up from 30. & has great upside potential to move to the resistance.
To the wise, this is the best time to fish & accumulate when the riverside is still not crowded.
knightbridge ( Date: 15-Apr-2009 19:33) Posted:
| Where are the sharks in MIDAS.. Midas please dont become a laggard in the current surge... |
|
|
|
Midas is an extremely good buy at current price as chart shows it has bounce of the support & RSI turning up from 30. & has great upside potential to move to the resistance.
To the wise, this is the best time to fish & accumulate when the riverside is still not crowded.
knightbridge ( Date: 15-Apr-2009 19:33) Posted:
| Where are the sharks in MIDAS.. Midas please dont become a laggard in the current surge... |
|
| Date & Time of Broadcast |
30-Apr-2009 12:23:31 |
http://info.sgx.com/webcorannc.nsf/ef3ba6cb188613ea482571b2003641d3/764564d422c13f4a482575a800148cee?OpenDocument
| 1. |
Date of change of Interest |
28-04-2009 |
| 2. |
Name of Registered Holder |
(1) ASIA PACIFIC RE FIDELITY (2) FID FDS - ASEAN POOL (3) FID FDS - PACIFIC POOL (4) FID FDS - SINGAPORE POOL (5) FID AUS ASIA FUND (6) FIJ IT JPN ASIA GROWTH MOTHER (7) FID KOREA ASEAN EQ IT MTHR (8) FID PACIFIC BASIN FUND (9) FID SOUTHEAST ASIA FUND (10) VIP III MID CAP PORTFOLIO |
| 3. |
Circumstance(s) giving rise to the interest or change in interest |
Open Market Purchase |
| |
# Please specify details |
|
| 4. |
Information relating to shares held in the name of the Registered Holder |
| |
| No. of Shares held before the change |
41,717,000 |
| As a percentage of issued share capital |
4.94 % |
| No. of Shares which are subject of this notice |
3,488,000 |
| As a percentage of issued share capital |
0.41 % |
| Amount of consideration (excluding brokerage and stamp duties) per share paid or received |
0.43 |
| No. of Shares held after the change |
45,205,000 |
| As a percentage of issued share capital |
5.35 % |
|
Laggards, cat & dogs, are all your friends if you play by the market's rules
and not your own stubborn opinion... hehehe...
Where are the sharks in MIDAS.. Midas please dont become a laggard in the current surge...
Right on track. Congrats to all who invest in MIDAS
knightbridge ( Date: 13-Jan-2009 18:01) Posted:
Range Trading can profit when market is down.. opposite when market up. But risk is high when a sudden halt for good news annoucemnt will wipe clean the gain by doing naked shorting. (This one got institutional interest counter) Anyway, insider have been buying up at much much higher price over the years. 5 year track record, div record and fundamental due to the china gov spend have been good.. (Rather long than short on this one)
Other stocks also dropped alot, can gain by shorting also.. But the risk is high on this one, history show it has many sudden upsurge also..
I vested since 28cent buying all the way up with afew cover short when it move up to fast.. (The up are sudden as well). But this is one of the counter to stay vested in at this price.. as sales looking to double in 2009.. (Doing range trading better be covered, naked is not advisable on this one)
Prudent is the game, all it takes is one big surge like at 30cent to 37cent based on historical will wipe clean the profit. Check the historical data.. See many people become bankrupt before, no one is smarter than the market.
I still believe 2009 Dec 31 price will be higher than the current still got 300 more days to result |
|
Nobody can tell u except MFT.& they maybe right by luck or if unlucky, wrong.
There is no shortcut to trading, u have to learn TA & trade based on your own analysis as nobody is answerable to your pockets & not responsible for your losses if any.
U have to learn how to catch your own fish as nobody can catch fish for u everyday.
TA is never 100% guaranteed, tats why setting stop-loss is important.
battouchai ( Date: 06-Apr-2009 16:06) Posted:
| Hi..i am new here. Midas can still cheong from here? |
|
Hi..i am new here. Midas can still cheong from here?
Yippeeeeee!!!!!
MIDAS followed the TA to a Tee, flagpole (Majulah Singapura, hahaha), break the sloping resistance at 50 ct, more good times to come, this is just the start of the party, there maybe bouts of slight correction, consolidation, take a breather (chuan kui) b4 upward climb again.
50 cts now becomes the potential support if unbroken as nothing is guaranteed, no TA is 100% guaranteed. Set your own stop-loss
richtan ( Date: 03-Apr-2009 17:08) Posted:
MIDAS could be forming a flag pole, consolidating (chuan kui) b4 resuming upward climb again. The show just started, "more good days" to come, patience is the key man
richtan ( Date: 03-Apr-2009 02:13) Posted:
|
Hoorayyy!!! to MIDAS & congrats to those who bot.
Still more upside potential to come, the show just begins, the ride just started.
it is still never too late to jump into the bandwagon, otherwise, u will end up just salivating. |
|
|
|
Push up the counter
Now is waiting for the midas production managers to deliver what they are suppose to do?? Ramp up that capacity and fulfilll all that contracts.. Bonus will be extremely good for them in 2009.
MIDAS could be forming a flag pole, consolidating (chuan kui) b4 resuming upward climb again. The show just started, "more good days" to come, patience is the key man
richtan ( Date: 03-Apr-2009 02:13) Posted:
|
Hoorayyy!!! to MIDAS & congrats to those who bot.
Still more upside potential to come, the show just begins, the ride just started.
it is still never too late to jump into the bandwagon, otherwise, u will end up just salivating.
richtan ( Date: 02-Apr-2009 12:08) Posted:
|
To my awareness, so far, there are 3 broking houses buy recommendation, namely, DBSV, DMG & Kim Eng.
|
|
|
|
Hoorayyy!!! to MIDAS & congrats to those who bot.
Still more upside potential to come, the show just begins, the ride just started.
it is still never too late to jump into the bandwagon, otherwise, u will end up just salivating.
richtan ( Date: 02-Apr-2009 12:08) Posted:
|
To my awareness, so far, there are 3 broking houses buy recommendation, namely, DBSV, DMG & Kim Eng.
richtan ( Date: 02-Apr-2009 12:03) Posted:
|
DBSV Buy Recommendation dated 27/2/09
FY08 results were largely in line with expectations, with
earnings up 2% yoy to S$33m on top line growth of
3% yoy to S$144m. A final dividend of 0.25cts was
declared. Looking ahead, we expect Midas to ride on
China’s booming railway sector to win more contracts
for both its core aluminum extrusion business and its JV
Nanjing Puzhen for metro train assembly. Maintain BUY,
continued to do well, growing revenues by 17% yoy as
more railway-related projects were won. Despite PBT for
the full year rising by 15% yoy, net profit was quite flat
due to higher taxes (+136% yoy) as a series of tax
incentives expired. Earnings in line. Core aluminium alloy business
More contracts and order book delivery from 2009
onwards.
delivered less than 100 cars in 2008 but with a bulging
order book of 768 train cars to be delivered from 2009
onwards, we believe that its contribution to Midas’
bottom line will grow significantly this year. Meanwhile,
the Group is in the midst of installing its third
production line, which will raise its production capacity
by 50% to 30,000 tonnes per annum by 1H10. (Please
see inset for B/S and C/F discussion.)
We also expect both Midas’ core aluminium business
and JV NPRT to win more rail-related projects for its
future growth. We estimate that Nanjing Puzhen (NPRT)
Maintain BUY
Analyst
Paul Yong CFA +86 21 6888 3372
paulyong@dbsvickers.com |
|
|
|
The only thing we can do is wait... and buy some more on dip.. Sweet 5 cent up today..
To my awareness, so far, there are 3 broking houses buy recommendation, namely, DBSV, DMG & Kim Eng.
richtan ( Date: 02-Apr-2009 12:03) Posted:
|
DBSV Buy Recommendation dated 27/2/09
FY08 results were largely in line with expectations, with
earnings up 2% yoy to S$33m on top line growth of
3% yoy to S$144m. A final dividend of 0.25cts was
declared. Looking ahead, we expect Midas to ride on
China’s booming railway sector to win more contracts
for both its core aluminum extrusion business and its JV
Nanjing Puzhen for metro train assembly. Maintain BUY,
continued to do well, growing revenues by 17% yoy as
more railway-related projects were won. Despite PBT for
the full year rising by 15% yoy, net profit was quite flat
due to higher taxes (+136% yoy) as a series of tax
incentives expired. Earnings in line. Core aluminium alloy business
More contracts and order book delivery from 2009
onwards.
delivered less than 100 cars in 2008 but with a bulging
order book of 768 train cars to be delivered from 2009
onwards, we believe that its contribution to Midas’
bottom line will grow significantly this year. Meanwhile,
the Group is in the midst of installing its third
production line, which will raise its production capacity
by 50% to 30,000 tonnes per annum by 1H10. (Please
see inset for B/S and C/F discussion.)
We also expect both Midas’ core aluminium business
and JV NPRT to win more rail-related projects for its
future growth. We estimate that Nanjing Puzhen (NPRT)
Maintain BUY
Analyst
Paul Yong CFA +86 21 6888 3372
paulyong@dbsvickers.com |
|
DBSV Buy Recommendation dated 27/2/09
FY08 results were largely in line with expectations, with
earnings up 2% yoy to S$33m on top line growth of
3% yoy to S$144m. A final dividend of 0.25cts was
declared. Looking ahead, we expect Midas to ride on
China’s booming railway sector to win more contracts
for both its core aluminum extrusion business and its JV
Nanjing Puzhen for metro train assembly. Maintain BUY,
continued to do well, growing revenues by 17% yoy as
more railway-related projects were won. Despite PBT for
the full year rising by 15% yoy, net profit was quite flat
due to higher taxes (+136% yoy) as a series of tax
incentives expired.
Earnings in line. Core aluminium alloy business
More contracts and order book delivery from 2009
onwards.
delivered less than 100 cars in 2008 but with a bulging
order book of 768 train cars to be delivered from 2009
onwards, we believe that its contribution to Midas’
bottom line will grow significantly this year. Meanwhile,
the Group is in the midst of installing its third
production line, which will raise its production capacity
by 50% to 30,000 tonnes per annum by 1H10. (Please
see inset for B/S and C/F discussion.)
We also expect both Midas’ core aluminium business
and JV NPRT to win more rail-related projects for its
future growth.
We estimate that Nanjing Puzhen (NPRT)
Maintain BUY
Analyst
Paul Yong CFA +86 21 6888 3372
paulyong@dbsvickers.com
Compare to the others railway related counters in China or Hong Kong.. This one is trading at a much lower forward PE.. With gov connect venture, sure will be a star again.. Got to be patience and wait... Study the financial carefullly to watch for potential pit hole just in case..
For me it is a long 5 years from 2009..
