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Midas

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lllusion
    18-Jan-2013 18:30  
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Off load at 0.53, will see if got opportunity to board this train again.

lllusion      ( Date: 18-Jan-2013 14:01) Posted:

4.5k waiting to dump at 0.53, its drifting between 0.525 - 0.53..

NICHOLASCHUA      ( Date: 18-Jan-2013 13:10) Posted:

I think it might test 55 cents a little while more when there's more share of the pie for Midas in time to come. Wishing all those who vested to put on their seatbelts for a small ride first


 
 
lllusion
    18-Jan-2013 14:01  
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4.5k waiting to dump at 0.53, its drifting between 0.525 - 0.53..

NICHOLASCHUA      ( Date: 18-Jan-2013 13:10) Posted:

I think it might test 55 cents a little while more when there's more share of the pie for Midas in time to come. Wishing all those who vested to put on their seatbelts for a small ride first!

GorgeousOng      ( Date: 18-Jan-2013 10:17) Posted:

Looking at the price, the captain has jump to "ship " n " plantation " lia!


 
 
NICHOLASCHUA
    18-Jan-2013 13:10  
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I think it might test 55 cents a little while more when there's more share of the pie for Midas in time to come. Wishing all those who vested to put on their seatbelts for a small ride first!

GorgeousOng      ( Date: 18-Jan-2013 10:17) Posted:

Looking at the price, the captain has jump to "ship " n " plantation " lia!

 

 
lllusion
    18-Jan-2013 12:39  
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ooh u r the only one who offload at 0.535 today

vw2796      ( Date: 18-Jan-2013 12:31) Posted:

got off train at 0.535

 
 
vw2796
    18-Jan-2013 12:31  
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got off train at 0.535
 
 
GorgeousOng
    18-Jan-2013 10:17  
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Looking at the price, the captain has jump to "ship " n " plantation " lia!
 

 
sacredmarket
    18-Jan-2013 08:44  
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CK push for you to take profit?  Smiley

sgxtrader2013      ( Date: 18-Jan-2013 08:17) Posted:

But I want to collect the profit before cny. I enter high at 0.54 I confident it will up within 3 months but prefer fast shot and take profit withdraw for cny money

 
 
sgxtrader2013
    18-Jan-2013 08:32  
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Captain of the train run away for 3 days hopefully he return to his post today. Driving the train with full speed before cny.
 
 
lllusion
    18-Jan-2013 08:31  
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Hopefully the train starts to moves soon.
 
 
GorgeousOng
    18-Jan-2013 08:23  
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Before you board this train have to make sure the train captain is in the train...... if not it move very slow or may not moving at all.:)
 

 
sgxtrader2013
    18-Jan-2013 08:17  
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But I want to collect the profit before cny. I enter high at 0.54 I confident it will up within 3 months but prefer fast shot and take profit withdraw for cny money
 
 
Bopanha
    18-Jan-2013 08:11  
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Looking for a good station to park the train, still can find one infront (ahead)   yet, hahaha.
 
 
h0ly0wl
    17-Jan-2013 23:34  
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Hold on to this gem tightly. More good news are coming soon: )

m.yahoo.com/w/legobpengine/news/china-eyes-104-bln-rail-spending-2013-state-085715384--finance.html?orig_host_hdr=sg.news.yahoo.com&.intl=SG&.lang=en-SG
 
 
sgxtrader2013
    17-Jan-2013 22:58  
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Midas need more support from vested to pass this red session. 3 days red index cause this counter quite a lot
 
 
sgxtrader2013
    17-Jan-2013 13:28  
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NGB6666 - You are partially correct. If company is really potential and huge no of project (RMB billion). Then it raise to like that is reasonable.

Good news connecting and TP will auto move up too. if another good news come in tp will re-grade again.

Good luck to all the vested.
 

 
NGBC6666
    17-Jan-2013 11:55  
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There are many good news connecting to Midas floating around of late, coupling with quite a number of houses calling 'Buy' and raising their TP. But the thing is, It has gone up too much and too fast since the first trading day of 2013 (from 0.42 on 31 Dec 12 to 0.52 on 16 Jan 13), a whopping twenty over percent within just 11 days. So it would be good to exercise some caution at this juncture.

Think  this magical train  needs to take a break to gather more steam before it can cheong up again. I am looking at buying some below 0.50.

Prices
Date Open High Low Close Volume Adj Close*
16 Jan 2013 0.52 0.52 0.51 0.52 8,870,000 0.52
15 Jan 2013 0.54 0.54 0.51 0.52 21,339,000 0.52
14 Jan 2013 0.51 0.55 0.51 0.53 37,064,000 0.53
11 Jan 2013 0.52 0.54 0.51 0.52 40,410,000 0.52
10 Jan 2013 0.50 0.52 0.50 0.51 48,025,000 0.51
9 Jan 2013 0.47 0.50 0.47 0.49 45,958,000 0.49
8 Jan 2013 0.47 0.48 0.47 0.47 19,162,000 0.47
7 Jan 2013 0.46 0.48 0.45 0.47 50,349,000 0.47
4 Jan 2013 0.46 0.46 0.44 0.45 9,485,000 0.45
3 Jan 2013 0.45 0.46 0.44 0.46 22,051,000 0.46
2 Jan 2013 0.43 0.45 0.43 0.44 33,951,000 0.44
1 Jan 2013 0.42 0.42 0.42 0.42 0 0.42
31 Dec 2012 0.42 0.43 0.42 0.42 2,644,000 0.42
Source - http://sg.finance.yahoo.com/q/hp?s=5EN.SI

NICHOLASCHUA      ( Date: 17-Jan-2013 09:21) Posted:

Thank you. In that case what do you think the target price should be now?

NGBC6666      ( Date: 16-Jan-2013 23:00) Posted:



 

Be careful, all bros and siss.  Old news actually (12 Jan 2013). 

A brother shared the link below with us in this tread a few days ago.

http://stock.stockstar.com/notice/JC2013011100003263.shtml 
See item 8 MIDAS拥 有 南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 32.5%的 股 份 。


8.本 公 司 控 股 子 公 司 南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 与 苏 州 高 新 有 轨 电 车 有 限 公 司 签 订 了 约 3.4 亿 元 人 民 币 的 100%低 地 板 有 轨 电 车 销 售 合 同 。  

 

Wish all HUAT with the magical train! But be cautious.


 
 
knightrider
    17-Jan-2013 11:14  
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Ti   Ti   Kee (hokkien) LOL
 
 
Peter_Pan
    17-Jan-2013 10:36  
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17-01-2013 10:25:07
STOCKS NEWS SINGAPORE-CIMB raises Midas Holdings target price

CIMB Research raised its target price for Midas Holdings 
, which supplies components for train projects, to 
S$0.59 from S$0.53 and kept its 'outperform' rating, as its 
recent contract win reflects strong orders for the railway 
industry going forward. 
At 0214 GMT, Midas shares were up 1 percent at S$0.525, and 
have gained 25 percent since the start of the year, compared to 
a 1.8 percent rise in the FTSE ST All Share Index < .FTFSTAS> . 
Midas's 32.5 percent-owned associate Nanjing SR Puzhen Rail 
Transport Co. Ltd (NPRT) won a tram contract worth 338 million 
yuan ($54.37 million), adding to NPRT's order book of 9 billion 
yuan, CIMB said. 
" This lends credence to our expectations of positive order 
flow momentum and could signify back-to-back contract win 
announcements and further re-rating potential," said CIMB, 
adding that major clients have restarted negotiations with key 
suppliers.
 
 
NICHOLASCHUA
    17-Jan-2013 09:21  
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Thank you. In that case what do you think the target price should be now?

NGBC6666      ( Date: 16-Jan-2013 23:00) Posted:



 

Be careful, all bros and siss.  Old news actually (12 Jan 2013). 

A brother shared the link below with us in this tread a few days ago.

http://stock.stockstar.com/notice/JC2013011100003263.shtml 
See item 8 MIDAS拥 有 南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 32.5%的 股 份 。


8.本 公 司 控 股 子 公 司 南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 与 苏 州 高 新 有 轨 电 车 有 限 公 司 签 订 了 约 3.4 亿 元 人 民 币 的 100%低 地 板 有 轨 电 车 销 售 合 同 。  

 

Wish all HUAT with the magical train! But be cautious.

Peter_Pan      ( Date: 16-Jan-2013 18:50) Posted:

NEWS RELEASE: MIDAS’ JV COMPANY NANJING SR PUZHEN RAIL TRANSPORT WINS FIRST 100% LOW-FLOOR TRAM CONTRACT VALUED AT RMB338 MILLION


 
 
NGBC6666
    16-Jan-2013 23:00  
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Be careful, all bros and siss.  Old news actually (12 Jan 2013). 

A brother shared the link below with us in this tread a few days ago.

http://stock.stockstar.com/notice/JC2013011100003263.shtml 
See item 8 MIDAS拥 有 南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 32.5%的 股 份 。


8.本 公 司 控 股 子 公 司 南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 与 苏 州 高 新 有 轨 电 车 有 限 公 司 签 订 了 约 3.4 亿 元 人 民 币 的 100%低 地 板 有 轨 电 车 销 售 合 同 。  

 

Wish all HUAT with the magical train! But be cautious.

Peter_Pan      ( Date: 16-Jan-2013 18:50) Posted:

NEWS RELEASE: MIDAS’ JV COMPANY NANJING SR PUZHEN RAIL TRANSPORT WINS FIRST 100% LOW-FLOOR TRAM CONTRACT VALUED AT RMB338 MILLION

 
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