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Midas

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Emptyhand
    07-Mar-2013 10:30  
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im in the same position as you. feeling a little frustrated as i purchased at 0.485. my TP was 0.60. ah well sometimes shit happens.

bingwenw      ( Date: 07-Mar-2013 10:21) Posted:



This is my humble opinion guys...i'm vested in this counter as well

The market is heading downwards for now...(we had a couple of days when DJ went up and made new highs but  STI not moving much), no matter how good the stock is, in general it will not buckle the trend. So for those who are not contra players, can pick up the stock (hopefully mid term wise price action will recover), or if not, can choose to cut loss and protect capital and live to fight another day.

 

For me, it has passed my cut loss price, so i'm holding on to it for the time being.

Good Luck All

 

 

 
 
bingwenw
    07-Mar-2013 10:21  
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This is my humble opinion guys...i'm vested in this counter as well

The market is heading downwards for now...(we had a couple of days when DJ went up and made new highs but  STI not moving much), no matter how good the stock is, in general it will not buckle the trend. So for those who are not contra players, can pick up the stock (hopefully mid term wise price action will recover), or if not, can choose to cut loss and protect capital and live to fight another day.

 

For me, it has passed my cut loss price, so i'm holding on to it for the time being.

Good Luck All

 

 
 
 
Emptyhand
    07-Mar-2013 10:13  
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dont get it 

wesely2k      ( Date: 07-Mar-2013 09:58) Posted:

遍 地 狼 烟 , 一 片 血 海 。 。 。 。 。 。 如 果 是 这 样 , 你 不 要 悲 哀 。 。 。 共 和 国 的 旗 帜 上 有 我 们 的 。 。 。 。 。 。 。 。 。 血 染 风 采 ! ! !

 

 
wesely2k
    07-Mar-2013 09:58  
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遍 地 狼 烟 , 一 片 血 海 。 。 。 。 。 。 如 果 是 这 样 , 你 不 要 悲 哀 。 。 。 共 和 国 的 旗 帜 上 有 我 们 的 。 。 。 。 。 。 。 。 。 血 染 风 采 ! ! !
 
 
GorgeousOng
    07-Mar-2013 09:22  
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Just continue and think why n why n why......$$$$$$$$$$$
 
 
Emptyhand
    07-Mar-2013 09:03  
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Must be the financial report that came out, funny thing is the they have already said they did not make good profit for 2012. Contracts are still in though, lets wait and see
 

 
sgxtrader2013
    07-Mar-2013 00:11  
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Bullet train start slow down after long run, it need maintainance. The fees is costly so the price will drop significant from day to day.

Kindly take note on the counter. If china stock exchange drop tmr. This baby will drop 3-5%
 
 
Emptyhand
    06-Mar-2013 14:57  
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sian, midas stuck for so long already
 
 
iPunter
    06-Mar-2013 13:41  
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[[If anyone knows, they will not tell you...

    If they can tell you, it means they don't know... lol...]]


The logic is that when they tell you, they will not be able to tell you for sure whether it will go up or go down. Those who say they can are really dishonest. This is because they will still be at the mercy of the market.


Bopanha      ( Date: 06-Mar-2013 10:46) Posted:

This is not real logic, sifu.

 
 
GorgeousOng
    06-Mar-2013 13:23  
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吃 包 买 包
 

 
NoMoney
    06-Mar-2013 11:08  
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Don't know think the train hor LAN Liao... Also lost Liao don't know wanna hold o not
 
 
Bopanha
    06-Mar-2013 11:03  
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When sifu Ipunter says something, always remember it has deeper meanings. Hahaha.
 
 
solomonster
    06-Mar-2013 10:52  
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I know..... It will fluctuate....  Smiley

iPunter      ( Date: 06-Mar-2013 10:06) Posted:



If anyone knows, they will not tell you...

    If they can tell you, it means they don't know... lol...  Smiley


NICHOLASCHUA      ( Date: 06-Mar-2013 09:59) Posted:

Sifus and fellow members, what is your outlook for Midas in the near to mid term?


 
 
Bopanha
    06-Mar-2013 10:46  
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This is not real logic, sifu.
 
 
iPunter
    06-Mar-2013 10:06  
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If anyone knows, they will not tell you...

    If they can tell you, it means they don't know... lol...  Smiley


NICHOLASCHUA      ( Date: 06-Mar-2013 09:59) Posted:

Sifus and fellow members, what is your outlook for Midas in the near to mid term?

 

 
NICHOLASCHUA
    06-Mar-2013 09:59  
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Sifus and fellow members, what is your outlook for Midas in the near to mid term?
 
 
cheongsl
    05-Mar-2013 00:23  
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Current downward trend have appear, the support should be around 0.435, but whether this will be forming as a support is still questionable, as too many report asking for this counter to be buy. The FY result is so bad as the income decline by 85% compare to the year before. The railway industries face uncertainty in the governing. The share have raise from 27.5cts from june last year to this year high of 50++ cts which is double (but net income decline by 85%, it is overboil by all buying reports).  Last year average pricing is around 32cts.  To my believe it might be further decline to around  32cts to get the support.

sgxtrader2013      ( Date: 04-Mar-2013 23:58) Posted:

Just wait it reach 0.44 then board again. 100% can reach bcos it push by US debt wakakaka

 
 
sgxtrader2013
    04-Mar-2013 23:58  
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Just wait it reach 0.44 then board again. 100% can reach bcos it push by US debt wakakaka
 
 
cheongsl
    04-Mar-2013 23:02  
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铁 道 部 长 :不 清 楚 是 不 是 最 后 一 任 支 持 大 部 制 改 革

Even the railway minister also uncertain whether he will be last minister. That is why it would expect that railway sector will be further affected. And in Midas Annual report it also mention the railway industries experience slow down and the speed of taking over of goods have reduce significantly and result in increase of inventory of 222 million RMB.

I believe even it is clear that the railway department will be incorporate into the transport department, it might takes time to formulate the scope and regulation. Thus the performance might still be continue to be affected, and from my observation of China Tender, usually delay in the schedule you can't claim variation order. Thus this standby of resouce, storage etc. will be quite a loss.

 

cheongsl      ( Date: 04-Mar-2013 12:32) Posted:

There are news that the Railway department might be remove, and current railway department handing issue will be go under the transport department, there might be new relation need to be build if this major change is imprement, still waiting for “两 会 ”for further details.

 
 
NICHOLASCHUA
    04-Mar-2013 19:13  
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Based on TA? How about for those who can hold?

sgxtrader2013      ( Date: 04-Mar-2013 17:43) Posted:

SI LIAO LIAO...MIDAS toward to 0.44

 
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