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Hi there Stormer, first time see you here, nice to meet you! Welcome to this forum.:) What you said, have noted! Enjoy n Huat in this forum yah!!!:) come sampan come!!!$$$come come come!!!!
Stormer ( Date: 07-Feb-2013 10:01) Posted:
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Waiting for upgrading.
Haha! I like it!:)
halleluyah ( Date: 07-Feb-2013 13:09) Posted:
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Too many boarded liao cos rushing home fr CNY....lol
GorgeousOng ( Date: 07-Feb-2013 12:58) Posted:
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Puncture al...ready?
True haha very true
NGBC6666 ( Date: 07-Feb-2013 11:54) Posted:
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Most of us know this but some inexperienced traders might not know:
Sometimes, brokerage houses call " Buy" because they want to sell you at a " high" price.
Likewise, at times, when they call " Sell" , their true intention is that they want to buy at a lower price.
That is why some people say, " If the calls of the brokerage houses can be trusted, SAI (means feces) also can eat." Something for you to ponder.
Essentially, their call only serve as a (note, not THE) reference point for traders to consider. So do not follow blindly.
Happy trading!
P/S: For the forummers who call buy buy buy in certain counters, what is their agenda? You guess.
Wrong timing to announce the contract also wan also after cny or 1-2 wks before cny then u will see 0.60
Midas Holdings: JV clinches CNY710m metro contract. Maintain BUY and S$0.60 fair value estimate, pegged to 1.2x FY13F P/B by OIR
I do agree with you that one should trade with care.
Pull the trigger at your own discretion, not based on people advocating buy buy buy.
But can't agree with you that Midas is volatile...its upward momentum is still pretty sluggish in my pov.
Stormer ( Date: 07-Feb-2013 10:01) Posted:
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Midas Holdings: JV clinches CNY710m metro contract Midas Holdings (Midas) announced last evening that its 32.5%-owned JV company Nanjing SR Puzhen Rail Transport (NPRT) has clinched a metro contract worth CNY710m. This encompasses the supply of 24 train sets, or 104 train cars for the Ningtian Intercity Line Phase 1 project. Delivery is scheduled to take place only from 2014 to 2015, but this could lead to potential contract wins for Midas as it is a supplier of NPRT. We note that this is NPRT’s second announced contract order of the year. Total contract wins amount to ~CNY1.05b for NPRT YTD. While NPRT has been a drag on Midas’ earnings in FY12, we believe that its fortune would likely reverse from FY13 given its order book schedule on hand. Midas’ share price is likely to react positively as a result of this announcement. MaintainBUY and S$0.60 fair value estimate, pegged to 1.2x FY13F P/B. (Wong Teck Ching Andy) |
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I am not vested in this counter.
Being an observer of this thread, something worrying is prevalent of late. A few individuals are advocating buy, buy, buy, come money come, sure go up one, etc, every day. Their agenda is pretty obvious.
Stock is not so simple lah. Where got 100% sure go up one?
Just want to remind the stock newbies and those who are not familiar with this counter to be careful. It is a highly volatile counter for those with high-risk appetite and extremely strong hearts. If you have both, go for it, the reward can be very handsome. Of course, on the flip side, the loss and suffering will be equally jia lut. If you do not have them, do think thrice before you MAU or HOOT, for the good of yourself and more importantly, your loved ones.
Do not merely listen to the loud voice or noise of buy buy buy and hoot hoot hoot. Take care!
Y jump in and out for a small profit?
This train will go up higher than this...
Pls hold tight....dun regret for jumping out later....
Cheers for those strong holders!!
Maybank Kim Eng says Midas already has an order book worth RMB500 million. " If they can expand that to RMB1 billion, the share price will go up to $1."
Shares in Midas are clearly already running up in anticipation of this, but analysts say a further re-rating is possible once the contracts flow in and start making contributions to the company's bottom line.
Not to worry, this train is still moving ahead.
stockwinner ( Date: 07-Feb-2013 09:23) Posted:
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very hard to say, need to see what happen after HK trading hours
Peter_Pan ( Date: 07-Feb-2013 09:12) Posted:
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On track towards 0.60
The BIG HINT!
Commenting on NPRT’s latest contract win, Mr Patrick Chew (周 华 光 ), CEO of
Midas, said, “NPRT has made a good start to the year, securing two contracts over
the past four weeks to boost its project portfolio by over RMB1.0 billion. We are
encouraged by these positive developments and remain optimistic of continued
opportunities from the PRC rail transportation industry in the years ahead.”
trade with careful.... could take some profit....