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Midas

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NoMoney
    28-Feb-2013 15:31  
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good la its about time pls go back to 0.55
 
 
iPunter
    28-Feb-2013 11:18  
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Meh-meh kee wa...  Smiley

 
 
 
Bopanha
    28-Feb-2013 11:14  
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Wow, you speak Teochew well.   Hahaha.

vw2796      ( Date: 28-Feb-2013 11:11) Posted:

Ai Zai! Buay Si Gai! Smiley

wesely2k      ( Date: 28-Feb-2013 11:05) Posted:

Si Buay???


 

 
vw2796
    28-Feb-2013 11:11  
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Ai Zai! Buay Si Gai! Smiley

wesely2k      ( Date: 28-Feb-2013 11:05) Posted:

Si Buay???

 
 
Bopanha
    28-Feb-2013 11:05  
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Should cheong liao! Since it was expected to fall more, thus in conclusion... it did better!! Huat arh!!
 
 
wesely2k
    28-Feb-2013 11:05  
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Si Buay???
 

 
Octavia
    28-Feb-2013 10:46  
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Midas Holdings' profits fell 53.3% to CNY17.1m



It's just the tip of the iceberg.

According to OCBC Investment Research, Midas Holdings'  PATMI dipped 53.3% to  CNY17.1m.  This was however still above its  expectations.

Here's more:

Revenue rose 2.6% YoY to CNY216.5m.  For FY12, revenue fell 19.5% to CNY869.5m, or 2.6% above our forecast.

PATMI of CNY27.9m represented an 85.1% decline, but was still well ahead of our CNY6.8m forecast as its associated company Nanjing SR Puzhen Rail Transport (NPRT) turned in a surprising CNY20.0m share of profits in 4Q12, a stark contrast to the CNY25.7m share of loss for 9M12.

We believe that this could be due to recovery of expenses arising from transfer of certain metro projects due to regulatory requirement. This might be one-off in nature and we will seek further clarity with management later.

A final DPS of 0.25 S cent was declared, which was half of the preceding year, but in line with our forecast. Total DPS for FY12 equates to 0.50 S cent
 

 
 
sgxtrader2013
    28-Feb-2013 09:46  
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watch it out. just invest today  your pocket will gain more income.
 
 
vw2796
    28-Feb-2013 09:43  
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[Trading Central] Midas: below its lower Bollinger band

27 Feb 2013 08:57

Alternative scenario: the upside breakout of 0.544 would call for 0.575 and 0.593.

Short Term View
(Rise, Limited Rise, Consolidation, Limited Decline, Decline)
Limited Decline
Change In Short Term View None
Medium Term View
(Bullish, Range, Bearish)
Bullish
Change In Medium Term View None


0.544 is our pivot point.

Our preference: target 0.456.

Alternative scenario: the upside breakout of 0.544 would call for 0.575 and 0.593.

Comment: the RSI is below 50. The MACD is below its signal line and positive. The MACD must penetrate its zero line to expect further downside. Moreover, the stock is trading under its 20 day MA (0.55) but above its 50 day MA (0.5). Finally, Midas is trading below its lower daily Bollinger band (standing at 0.52).

Supports and resistances:
0.575 *
0.544 **
0.532
0.51 last
0.474
0.456 **
0.439 *

Copyright 1999 - 2013 TRADING CENTRAL



Click to view chart in actual size.

Disclaimer Source: ShareInvestor Express
 
 
nxos88
    27-Feb-2013 23:18  
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Sgxtrader, what make you so sure? Any basics? Chart or news?
 

 
sgxtrader2013
    27-Feb-2013 22:41  
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Alvingsy : tmr price drop? I don't think so. Orderbook with 3 billion + RMB on hand and march got more project coming to midas. Tmr sure will rebound. Time to collect now. 0.60 is the tp for friday
 
 
Blanchard
    27-Feb-2013 22:23  
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Glad to know that Midas still gives 0.25 cents dividend despite facing poor result... something good is better than nothing.

I am still holding onto mine at 0.85.
 
 
GoodMorningSir
    27-Feb-2013 21:34  
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Haha... thought the sky is going to collapse...  no bad for long term investment.

Good prospect.... still got chance to rebound.  : )
 
 
alvinngsh
    27-Feb-2013 21:34  
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tomorrow price drop buy and keep a good year for midas in 2013.
 
 
sgxtrader2013
    27-Feb-2013 21:25  
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Yes. Result as predicted dividend 0.0025

Tomorrow midas rebound date watch out. Toward 0.60 friday
 

 
skk888
    27-Feb-2013 21:20  
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it's finally out. http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_C5EEBBFD3970CA5348257B1F0047A92E/$file/Midas_ResultsAnnouncementFY2012_HK_English.pdf?openelement
 
 
GorgeousOng
    27-Feb-2013 17:17  
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beef rendangSelamat makan!!!
 
 
GoodMorningSir
    27-Feb-2013 17:13  
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tak mau cakap melayu ramai orang tak farham. Terima Kasik

result hari in keluar ??
 
 
GorgeousOng
    27-Feb-2013 17:02  
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Makan malam dulu, pukul tujuh setegah.
 
 
GoodMorningSir
    27-Feb-2013 13:43  
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I just call through to talk to midas.. he is taking his lunch now.. eating chicken rice.. he say..don't worry.. later he taking express train to main board..hahahahah  he call me to buy more now.hahahah
 
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