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Midas

think that the reason to BUY -)

 

kenkenken      ( Date: 19-Nov-2012 21:39) Posted: Alot peope say dropping going to drop more n u still dare to buy like us?? Bopanha      ( Date: 19-Nov-2012 19:25) Posted: Time to buy back my 130 lots sold 42 -43 cents.   Will buy 36 cents tomorrow.

 

Alot peope say dropping going to drop more n u still dare to buy like us??

Bopanha      ( Date: 19-Nov-2012 19:25) Posted: Time to buy back my 130 lots sold 42 -43 cents.   Will buy 36 cents tomorrow.

 

Time to buy back my 130 lots sold 42 -43 cents.   Will buy 36 cents tomorrow.

 

yeah possible 0.32 coming.. there's one more quarter's results for this year..
price getting near the optimal within the next months..

 

i think can see 32 cents soon..

 

All the best to you. Good luck.

This is just purely personal opinion and decision.

gavinl      ( Date: 18-Nov-2012 19:07) Posted: Friend, i m still holding on to my Midas bought @ 0.395. Will go up one u know :) khng2012      ( Date: 18-Nov-2012 18:50) Posted: I may be wrong. Vested with own risk. Good luck whoever vested.

 

Friend, i m still holding on to my Midas bought @ 0.395.

Will go up one u know :)

khng2012      ( Date: 18-Nov-2012 18:50) Posted: I may be wrong. Vested with own risk. Good luck whoever vested.

 

I may be wrong. Vested with own risk. Good luck whoever vested.

 

As I mentioned, market is speculating with railway and high speed train project now, but Midas doesn't go up but go down, once this round speculation is end, what Midas will go, I think the direction is quite clear.

I worry, so I don't bet on it. I shift to wilmar now, especially this down turn. I park my money in blue chip which was shot down in past 1 year. It may go down further but it
Will pump up fast once this downturn is end.

 

I sold all Midas.

You mentioned about speculation. I referred to 2009 rally of Midas to 1 dollar, Midas owned 2 things for speculation, one was project award from high speed train another one was profit. Midas doesn't has the 2nd one for speculation.

Market is speculating in railway project since 3 weeks ago, all railway related companies had been up 20 to 40% in last 2 weeks. But Midas went reverse and down 12%. Part of the reason is making loss. Sembmar and keppel secured billion project from petrobras but their price were shot down due to net profit dropping and profit margin lower.

kenkenken      ( Date: 18-Nov-2012 17:56) Posted: You even sold ur cash holding? Okay see how my luck on speculating this come out. I give it a long term view min 6mth. Risk reward to me is high. Aiya loss one qtr nia. Im bet on contract it will be awarded.khng u over trade on this lar. If not u got spare cash i believe u will just keep ur position open. khng2012      ( Date: 18-Nov-2012 17:47) Posted: I used to be Midas supporter since i believe the recovery of china railway industry. But I gave up after Midas make loss. I blamed myself why don't buy CSR listed in Hong Kong and buy Midas which the administration cost and finance cost are doubled or trible in 3 years. Midas used to be profitable in 2009 with revenue in last quarter but they make loss today. I asked myself how much profit Midas can make after high speed train project award with current finance cost, administration cost and low profit margin. It is a big question mark to me. So I sell with loss and never look back. All the best to whoever vested.

 

You even sold ur cash holding?
Okay see how my luck on speculating this come out. I give it a long term view min 6mth. Risk reward to me is high. Aiya loss one qtr nia. Im bet on contract it will be awarded.khng u over trade on this lar. If not u got spare cash i believe u will just keep ur position open.

khng2012      ( Date: 18-Nov-2012 17:47) Posted: I used to be Midas supporter since i believe the recovery of china railway industry. But I gave up after Midas make loss. I blamed myself why don't buy CSR listed in Hong Kong and buy Midas which the administration cost and finance cost are doubled or trible in 3 years. Midas used to be profitable in 2009 with revenue in last quarter but they make loss today. I asked myself how much profit Midas can make after high speed train project award with current finance cost, administration cost and low profit margin. It is a big question mark to me. So I sell with loss and never look back. All the best to whoever vested.

 

I used to be Midas supporter since i believe the recovery of china railway industry. But I gave up after Midas make loss.

I blamed myself why don't buy CSR listed in Hong Kong and buy Midas which the administration cost and finance cost are doubled or trible in 3 years. Midas used to be profitable in 2009 with revenue in last quarter but they make loss today.

I asked myself how much profit Midas can make after high speed train project award with current finance cost, administration cost and low profit margin. It is a big question mark to me. So I sell with loss and never look back.

All the best to whoever vested.

 

Seem like the hyped is over here.

so i have just brought some 0.385 last week. Slightly red nevermind.Will only accumulate if significant drop again

 

Sometimes it is good to stick to one's analysis and belief than to listen to some soothsayers or technical advisers who have other hidden agenda. Got played out before where they say sell due to some bad news but it up instead eg SAT

Jimmytai      ( Date: 12-Nov-2012 14:03) Posted: i notice that there is this huge selling wall at 0.385. i remember a few days ago there was this wall as well and when the buying starts the wall drops from 2000 lots sell que to like 200 plus. i am just curious, why does the BBs want to create a huge wall and discouraging people to buy? is it because they want to keep prices low for accumulation later? thanks for answering my quires and if im wrong in my statment do correct me as well. thank you!

 

i notice that there is this huge selling wall at 0.385. i remember a few days ago there was this wall as well and when the buying starts the wall drops from 2000 lots sell que to like 200 plus. i am just curious, why does the BBs want to create a huge wall and discouraging people to buy? is it because they want to keep prices low for accumulation later? thanks for answering my quires and if im wrong in my statment do correct me as well. thank you!

 

I think the big take away is the holidays in tues.

sncm3425      ( Date: 09-Nov-2012 21:56) Posted: Not only that. With Dow losing streak again will mean that Monday's trend will follow, not forgetting that Tue is a holiday again.

 

Not only that. With Dow losing streak again will mean that Monday's trend will follow, not forgetting that Tue is a holiday again.

 

Midas looks real bad, on the verge of breaking down.

 

Whatever. I fail in midas and ezion. I am successful in ausgroup, alpha and nol. That's all.

Who always win? Tell me i follow him.

eurekaw      ( Date: 09-Nov-2012 12:08) Posted: No need to reply my post as I dont always here. Just here to read for leisure at times. Period. eurekaw      ( Date: 09-Nov-2012 12:06) Posted: Hi, been following your posts. Is nice that you posted information but seemed like whenever you are in certain counter, you started to promote very fiercely, posted many analysts reports (which cannot be trusted) and pressed down hard on others who posted against your view. You have been going against sgshares and finally he was right for Midas & Ausgroup. I've realised that you have sold your holdings in Midas and jumped into shorting Ezion for awhile then out and jumped back into Ausgroup and now jumped in Wilmar. You were promoting Midas so fiercely only realised you were wrong. You encouraged ppl to buy Ausgroup at $0.51 / $0.52 then so strongly and it dropped. Now you entered Wilmar. Btw, Wilmar is still in their downtrend (I am not saying it wont go up) Ermm...anyway, not posting here to argue with you but please dont post those assumption of the future which may mislead newsbie. Looked like some newbies have lost and disappeared from the forum already. Xin9999, are you still around? Hope you are ok. Thank you for your understanding.

 

No need to reply my post as I dont always here. Just here to read for leisure at times. Period.

eurekaw      ( Date: 09-Nov-2012 12:06) Posted: Hi, been following your posts. Is nice that you posted information but seemed like whenever you are in certain counter, you started to promote very fiercely, posted many analysts reports (which cannot be trusted) and pressed down hard on others who posted against your view. You have been going against sgshares and finally he was right for Midas & Ausgroup. I've realised that you have sold your holdings in Midas and jumped into shorting Ezion for awhile then out and jumped back into Ausgroup and now jumped in Wilmar. You were promoting Midas so fiercely only realised you were wrong. You encouraged ppl to buy Ausgroup at $0.51 / $0.52 then so strongly and it dropped. Now you entered Wilmar. Btw, Wilmar is still in their downtrend (I am not saying it wont go up) Ermm...anyway, not posting here to argue with you but please dont post those assumption of the future which may mislead newsbie. Looked like some newbies have lost and disappeared from the forum already. Xin9999, are you still around? Hope you are ok. Thank you for your understanding. khng2012      ( Date: 09-Nov-2012 09:48) Posted: Very painful to cut midas. Now in Wilmar