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*DJ Midas Holdings Target Raised To S$0.60 From S$0.50 By DBS Vickers
13 Mar 2013 12:54
*DJ Midas Holdings Target Raised To S$0.60 From S$0.50 By DBS Vickers
(END) Dow Jones Newswires
March 13, 2013 00:54 ET (04:54 GMT)
Copyright (c) 2013 Dow Jones & Company, Inc.
Source: Dow Jones
Singlish in itself is an ART....
iPunter ( Date: 13-Mar-2013 12:38) Posted:
All languages have their own rules of grammar... even chinese language...
Only singlish got no grammar one... lol... 
GorgeousOng ( Date: 13-Mar-2013 12:24) Posted:
| Chinese got grammar meh!!! :))) Hahaha!!!:) |
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All languages have their own rules of grammar... even chinese language...
Only singlish got no grammar one... lol...
GorgeousOng ( Date: 13-Mar-2013 12:24) Posted:
Chinese got grammar meh!!! :))) Hahaha!!!:))
iPunter ( Date: 13-Mar-2013 12:13) Posted:
| You sure to get high points for your flawless grammar... lol... |
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Chinese got grammar meh!!! :))) Hahaha!!!:))
iPunter ( Date: 13-Mar-2013 12:13) Posted:
You sure to get high points for your flawless grammar... lol...
GorgeousOng ( Date: 13-Mar-2013 12:09) Posted:
| Hahaha! He is "assessing" my Chinese!!!:))) I love it!! |
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You sure to get high points for your flawless grammar... lol...
GorgeousOng ( Date: 13-Mar-2013 12:09) Posted:
Hahaha! He is "assessing" my Chinese!!!:))) I love it!!!
iPunter ( Date: 13-Mar-2013 11:48) Posted:
| Multi-lingual forum... value added... lol...
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Hahaha! He is "assessing" my Chinese!!!:))) I love it!!!
iPunter ( Date: 13-Mar-2013 11:48) Posted:
| Multi-lingual forum... value added... lol...
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Multi-lingual forum... value added... lol...
破 釜 沉 舟 不 留 余 地 义 无 反 顾 ！ ！ ！
wesely2k ( Date: 13-Mar-2013 10:05) Posted:
我 心 照 明 月 ， 明 月 照 沟 渠 ！
GorgeousOng ( Date: 12-Mar-2013 18:41) Posted:
同 心 千 载 痴 情 盼 ， 守 得 云 开 见 月 明 。
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我 心 照 明 月 ， 明 月 照 沟 渠 ！ GorgeousOng ( Date: 12-Mar-2013 18:41) Posted:
同 心 千 载 痴 情 盼 ， 守 得 云 开 见 月 明 。
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naked shorts need to buy back same day.
wesely2k ( Date: 13-Mar-2013 09:29) Posted:
i tot short seller have to buy back on the same day?
GorgeousOng ( Date: 13-Mar-2013 05:34) Posted:
| Haha! They have to buy back today!: |
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i tot short seller have to buy back on the same day?
GorgeousOng ( Date: 13-Mar-2013 05:34) Posted:
Haha! They have to buy back today!:)
Peter_Pan ( Date: 12-Mar-2013 19:49) Posted:
Short Sell Report for 12/03/2013 MIDAS 4414000 shares SGD 2206995
Wah seh!
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0.525 the most....0.60 long way to go.
You're welcome.
Bon3260 ( Date: 13-Mar-2013 08:46) Posted:
Thx Peter.
('',)
Peter_Pan ( Date: 12-Mar-2013 21:01) Posted:
Here at SGX's website:
http://www.sgx.com/wps/portal/sgxweb/home/marketinfo/marking_of_sell_orders/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gjR0cTDwNnA0t_E3NLA0_zQF9PT0NzA09fY6B8JLJ8KEg41CnQxCks1NDb04yAbj-P_NxU_YLciHIAu1pLpQ!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/ |
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Thx Peter.
('',)
Peter_Pan ( Date: 12-Mar-2013 21:01) Posted:
Here at SGX's website:
http://www.sgx.com/wps/portal/sgxweb/home/marketinfo/marking_of_sell_orders/!ut/p/c5/04_SB8K8xLLM9MSSzPy8xBz9CP0os3gjR0cTDwNnA0t_E3NLA0_zQF9PT0NzA09fY6B8JLJ8KEg41CnQxCks1NDb04yAbj-P_NxU_YLciHIAu1pLpQ!!/dl3/d3/L2dBISEvZ0FBIS9nQSEh/
Bon3260 ( Date: 12-Mar-2013 20:42) Posted:
Peter,
Where do u get tis info?
UOB KayHian can view?
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wow, you go into such details.
Usually people sell on news and current market condition is not very good. I think Midas will be range bounded instead of surging.
cheongsl ( Date: 13-Mar-2013 07:37) Posted:
This is hard to say as the benefit from the JV contract is less then 5% and the awarded price don't seems attractive. MRT weights around 100tonnes when empty, thus will be approximately 16tonnes per car, but current aluminium prices base on the contract sum only allow around 15 tonnes. If the aluminium price goes up in the next two year midas might run into red. Unless the price continue to be same or go below, or they hedge the price, but hedging will also have hedging cost, die tooling etc is also currently not consider yet.
| |
Total Contract sum |
109.6 |
% of the contract |
train sets |
car per train |
Total Car |
Price per car |
USD per car |
tonne of aluminium allow |
| Wuxi Metro Line 2 |
668 |
27 |
4.04% |
23 |
6 |
138 |
0.195652 |
31430.07 |
15.71503 |
| Dongguan Rapid Railway R2 Line |
526.9 |
22.7 |
4.31% |
20 |
6 |
120 |
0.189167 |
30388.22 |
15.19411 |
| Nanjing-Gaochun Intercity Rail |
588 |
17.6 |
2.99% |
15 |
6 |
90 |
0.195556 |
31414.55 |
15.70727 |
| Hangzhou Metro Line 2 |
756 |
31.7 |
4.19% |
27 |
6 |
162 |
0.195679 |
31434.38 |
15.71719 |
| Wuhan Metro Line project |
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10.6 |
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14 |
4 |
56 |
0.189286 |
30407.34 |
15.20367 |
GorgeousOng ( Date: 13-Mar-2013 05:34) Posted:
| Haha! They have to buy back today!: |
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This is hard to say as the benefit from the JV contract is less then 5% and the awarded price don't seems attractive. MRT weights around 100tonnes when empty, thus will be approximately 16tonnes per car, but current aluminium prices base on the contract sum only allow around 15 tonnes. If the aluminium price goes up in the next two year midas might run into red. Unless the price continue to be same or go below, or they hedge the price, but hedging will also have hedging cost, die tooling etc is also currently not consider yet.
| |
Total Contract sum |
109.6 |
% of the contract |
train sets |
car per train |
Total Car |
Price per car |
USD per car |
tonne of aluminium allow |
| Wuxi Metro Line 2 |
668 |
27 |
4.04% |
23 |
6 |
138 |
0.195652 |
31430.07 |
15.71503 |
| Dongguan Rapid Railway R2 Line |
526.9 |
22.7 |
4.31% |
20 |
6 |
120 |
0.189167 |
30388.22 |
15.19411 |
| Nanjing-Gaochun Intercity Rail |
588 |
17.6 |
2.99% |
15 |
6 |
90 |
0.195556 |
31414.55 |
15.70727 |
| Hangzhou Metro Line 2 |
756 |
31.7 |
4.19% |
27 |
6 |
162 |
0.195679 |
31434.38 |
15.71719 |
| Wuhan Metro Line project |
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10.6 |
|
14 |
4 |
56 |
0.189286 |
30407.34 |
15.20367 |
GorgeousOng ( Date: 13-Mar-2013 05:34) Posted:
Haha! They have to buy back today!:)
Peter_Pan ( Date: 12-Mar-2013 19:49) Posted:
Short Sell Report for 12/03/2013 MIDAS 4414000 shares SGD 2206995
Wah seh!
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Haha! They have to buy back today!:)
Peter_Pan ( Date: 12-Mar-2013 19:49) Posted:
Short Sell Report for 12/03/2013 MIDAS 4414000 shares SGD 2206995
Wah seh!
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in current market conditions i highly doubt it. lets be honest to ourselves
Bopanha ( Date: 12-Mar-2013 22:30) Posted:
60 cents will now come faster, I think.
Peter_Pan ( Date: 12-Mar-2013 19:49) Posted:
Short Sell Report for 12/03/2013 MIDAS 4414000 shares SGD 2206995
Wah seh!
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60 cents will now come faster, I think.
Peter_Pan ( Date: 12-Mar-2013 19:49) Posted:
Short Sell Report for 12/03/2013 MIDAS 4414000 shares SGD 2206995
Wah seh!
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Have tabulate the contract for aluminium and the total contract for the project, seems relatively small for the %.
| |
Total Contract sum |
109.6 |
% of the contract |
train sets |
car per train |
Total Car |
Price per car |
| Wuxi Metro Line 2 |
668 |
27 |
4.04% |
23 |
6 |
138 |
0.195652 |
| Dongguan Rapid Railway R2 Line |
526.9 |
22.7 |
4.31% |
20 |
6 |
120 |
0.189167 |
| Nanjing-Gaochun Intercity Rail |
588 |
17.6 |
2.99% |
15 |
6 |
90 |
0.195556 |
| Hangzhou Metro Line 2 |
756 |
31.7 |
4.19% |
27 |
6 |
162 |
0.195679 |
| Wuhan Metro Line project |
|
10.6 |
|
14 |
4 |
56 |
0.189286 |
