Post Reply
2301-2320 of 10484
Midas Holdings Limited announced that its joint venture company, Nanjing SR Puzhen Rail Transport Co., Ltd. has won a RMB710 million metro contract. Awarded by Nanjing Metro Company Limited for the supply of 26 train sets, or 104 train cars, for the Ningtian Intercity Line Phase 1, delivery is slated to take place from 2014 to 2015. This contract is expected to contribute positively to the Group's financial performance for the 2014 and 2015 financial years...
Don't miss the train woh...cny rush hour woh...
$0.80 is my target...
$2 is the limit.....
Come come $$$....
this round of contract giving session already 4 billion+
You sure you saw million instead of billions? China 1 railway project cost billions rmb liao
bingwenw ( Date: 06-Feb-2013 23:40) Posted:
Hmm, am i reading it wrongly?OCBC said china will spend only rmb 650m on railway projects? out midas here already got 710m contract....
Peter_Pan ( Date: 06-Feb-2013 19:39) Posted:
Articles from The Edge
Some of these stocks are also on the buy-lists of a number of other brokerage firms. Midas, in particular, appears to be regaining a broad analyst following. The stock was once a hot play on the development of China's rail infrastructure, but it collapsed in the face of the global economic crisis and a clampdown by China on railway spending following train accidents and reports of corruption involving its top railway officials. Shares in Midas are up more than 34% in the past month, but they are still about 51% below their pre-crisis levels.
Analysts are expecting Midas to benefit from renewed spending on railway infrastructure in China this year. According to OCBC Investment Research, China could spend RMB650 million this year on railway investments. " We believe China's Railway Ministry could resume high-speed train-car tenders in 1Q2013," the research house says in a recent report. Wei Bin, an analyst at 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," he says. 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.
|
|
|
|
Hope my train to nowhere the other day, now can reach 60cts destination tomolo.
sgxtrader2013 ( Date: 06-Feb-2013 20:50) Posted:
|
If u profitted, then both parties r happy....it is gd lah.
NoMoney ( Date: 06-Feb-2013 21:40) Posted:
Ya the one happy is te broker zzz
tonylim ( Date: 06-Feb-2013 20:59) Posted:
| Too much of jumping in and out is bad for the pocke |
|
|
|
Hmm, am i reading it wrongly?OCBC said china will spend only rmb 650m on railway projects? out midas here already got 710m contract....
Peter_Pan ( Date: 06-Feb-2013 19:39) Posted:
Articles from The Edge
Some of these stocks are also on the buy-lists of a number of other brokerage firms. Midas, in particular, appears to be regaining a broad analyst following. The stock was once a hot play on the development of China's rail infrastructure, but it collapsed in the face of the global economic crisis and a clampdown by China on railway spending following train accidents and reports of corruption involving its top railway officials. Shares in Midas are up more than 34% in the past month, but they are still about 51% below their pre-crisis levels.
Analysts are expecting Midas to benefit from renewed spending on railway infrastructure in China this year. According to OCBC Investment Research, China could spend RMB650 million this year on railway investments. " We believe China's Railway Ministry could resume high-speed train-car tenders in 1Q2013," the research house says in a recent report. Wei Bin, an analyst at 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," he says. 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.
|
|
Most importantly is everyone huat together!
As i said earlier, this is still the start of the ride! This stock is undervalued based on current won contracts and more contracts are coming.....
Queue to buy for those who wants more $$$. Think further and you will be left behind....
Final Call !!! Buy Now !!!
Huat for all believers !!! UP it goes !!!
Ya the one happy is te broker zzz
tonylim ( Date: 06-Feb-2013 20:59) Posted:
Too much of jumping in and out is bad for the pocket
NoMoney ( Date: 06-Feb-2013 19:50) Posted:
| Jumping on the platform don't know want to jump in o not lol already jump out few wks ago. |
|
|
|
Too much of jumping in and out is bad for the pocket
NoMoney ( Date: 06-Feb-2013 19:50) Posted:
Jumping on the platform don't know want to jump in o not lol already jump out few wks ago.
GorgeousOng ( Date: 06-Feb-2013 19:48) Posted:
|
|
|
Tmr 3-5c up
Jumping on the platform don't know want to jump in o not lol already jump out few wks ago.
GorgeousOng ( Date: 06-Feb-2013 19:48) Posted:
Jump in or jump out?
NoMoney ( Date: 06-Feb-2013 18:56) Posted:
|
|
|
Jump queue
GorgeousOng ( Date: 06-Feb-2013 19:48) Posted:
Jump in or jump out?
NoMoney ( Date: 06-Feb-2013 18:56) Posted:
|
|
|
Jump in or jump out?
NoMoney ( Date: 06-Feb-2013 18:56) Posted:
|
Articles from The Edge
Some of these stocks are also on the buy-lists of a number of other brokerage firms. Midas, in particular, appears to be regaining a broad analyst following. The stock was once a hot play on the development of China's rail infrastructure, but it collapsed in the face of the global economic crisis and a clampdown by China on railway spending following train accidents and reports of corruption involving its top railway officials. Shares in Midas are up more than 34% in the past month, but they are still about 51% below their pre-crisis levels.
Analysts are expecting Midas to benefit from renewed spending on railway infrastructure in China this year. According to OCBC Investment Research, China could spend RMB650 million this year on railway investments. " We believe China's Railway Ministry could resume high-speed train-car tenders in 1Q2013," the research house says in a recent report. Wei Bin, an analyst at 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," he says. 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.
Np. If u no need the urgently then u might wan to hold . I sold mine at .52 as I made 38% already and need the money to pay off some bills else I will hold
GabbYoonA ( Date: 06-Feb-2013 19:32) Posted:
Thanks for the advice! Will monitor the market tml before making a decision
NoMoney ( Date: 06-Feb-2013 19:25) Posted:
| Alot of people gt this thinking, sell on good news and buy on bad.. But many still belief this will still go up to 0.60-0.80 .. So the choice is still yours are you happy of ur profits? |
|
|
|
Thanks for the advice! Will monitor the market tml before making a decision
NoMoney ( Date: 06-Feb-2013 19:25) Posted:
Alot of people gt this thinking, sell on good news and buy on bad.. But many still belief this will still go up to 0.60-0.80 .. So the choice is still yours are you happy of ur profits?
GabbYoonA ( Date: 06-Feb-2013 19:12) Posted:
| Dear brothers, advice on whether to sell tomorrow following the news release of signing of contract or hold it as there might be even more potential for it to rise? |
|
|
|
Alot of people gt this thinking, sell on good news and buy on bad.. But many still belief this will still go up to 0.60-0.80 .. So the choice is still yours are you happy of ur profits?
GabbYoonA ( Date: 06-Feb-2013 19:12) Posted:
| Dear brothers, advice on whether to sell tomorrow following the news release of signing of contract or hold it as there might be even more potential for it to rise? |
|
Dear brothers, advice on whether to sell tomorrow following the news release of signing of contract or hold it as there might be even more potential for it to rise?
