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10281-10300 of 10484
Q3 -15.8%, 9 months ended +4.4%
MIDAS HOLDINGS LIMITED
Third Quarter Financial Statement And Dividend Announcement for the Period Ended 30/09/2008
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_AA84FECF8C9BDC8B482574FA001FA4E9/$file/Announcement-Q3FY08.pdf?openelement
Thank for your advise. Will hold on to Midas and hope it will take off.
knightbridge ( Date: 04-Nov-2008 17:01) Posted:
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I am vested recently at the earlier post. This counter got potiential, strong government linked with savvy investor inside. Will not sell short term to make little profit on this counter. I am going for the long haul. Right now only in my dream, seeing the counter shooting back to $2 in a few years time.
Mr Gay and Tommie Goh, these are investors will good foresight. They pump in money only when they see potiential in the business, they use $1 to make $5-10 in a longer term period. Unless the directors are crook, if not vested in this counter is a very good investment.
My view is they will perform as welll as Hyflux in long term, hopefully as good as venture (Star performer)
Making trains companies, only can count a handful in the world.
leechongpeng ( Date: 04-Nov-2008 16:33) Posted:
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knightbridge ( Date: 04-Nov-2008 16:11) Posted:
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Yeah.. up and up
http://www.chess.net23.net/Shares/Midas-081031-OIR.pdf
OCBC investment Research Maintain buy on 31 Oct 2008
With so many good news on this company, why is the share price keeps dropping? Could it be something investors don't know?
Any experts can advise.
chinton86 ( Date: 30-Oct-2008 15:25) Posted:
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Agreed. It is always good to release good news announcement immediately aka strike while the iron is hot.
Remember BIG good news waited until market coming down then announced. There was subsequently no interest after the CE mark was obtained for BIG. See?
MIDAS SIGNS LETTER OF INTENT WITH CHINALCO, CHINA’S LARGEST
ALUMINIUM PRODUCER
- Midas to hold 35% equity stake in proposed Sino-foreign joint
venture with Chinalco and NELA to manufacture thick aluminium
alloy plates and sheets
- Jilin Midas to be the controlling shareholder of proposed joint
venture with SWA to manufacture aluminium alloy extrusion
profiles
Singapore, October 30, 2008 – Mainboard-listed Midas Holdings Limited
(“Midas”) (麦达斯控股有限公司) is pleased to announce today that it has signed
a Letter of Intent (“LOI”) with Aluminium Corporation of China (“Chinalco”), the
largest aluminium producer in the PRC and one of the largest producers of
aluminium and alumina in the world. Chinalco is one of the key state enterprises
that is directly managed by the PRC Central Government. It is also the parent
company of the publicly listed Aluminium Corporation of China Limited
(“Chalco”).
“The signing of this LOI marks another step towards cementing our partnership
with Chinalco. We are set to leverage on each other’s competitive strengths and
are confident that our proposed collaborations will be excellent platforms for both
companies to capitalise on the vast opportunities in the PRC and international
markets,” commented Mr Patrick Chew (周华光), CEO of Midas.
Any idea why midas got halt ?