
Bye-bye, 0.49
From Midas CEO said that those previouly contracts win will benefit to its earning result of 2013, I believe the result should be better and Midas will win the 2nd high speed contracts again by next month, China is speeding up their railways recovery now, the  interval time for 1st and 2nd high speed trains bids only two months.
High speed contracts win  meant high profit for Midas, High speed mode reactivied now, cheaper ticket sold off for 0.4+ soon, lets say buy-buy to 0.4+.
Huah Ah
tenders coming out one by one...midas should have their share of the pie soon as long as their zeh suah managed to win the tender and subsequently award some contracts to midas...earnings out next week hopefully better than previous quarter...fingers crossed XXX
As predicted before, China just announced the 2nd round of High speed train bids for 180 sets of 350km/h and 78 sets of 250km/h , Midas shall fly on tomorrow if not let us all sell off,refer to below website for detail, sorry just for chinease reader.
http://www.cric-china.com.cn/contents/84/1936.html
http://www.cric-china.com.cn/contents/84/1935.html
Today lots of ppl will start to pui, pui, pui again, drop 1ct again!! Really a snail.
Got money hold till 2015 price will be 4 folds of now
No money run and regret in 2015
Tanhanpeng ( Date: 07-Nov-2013 16:34) Posted:
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Pls advise as wait or run ?
What do you think the next high or low ?
When is the right time or price to buy or sell   ? 
wait4opp ( Date: 07-Nov-2013 12:43) Posted:
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Thank you Bro.
53% on SSHs hands, the floats on 47% speculating  in the market.
47% = 571millions shares x $0.50 = $285millions.
Total 1218millions =   $609millions
Super laggard stocks with huge contracts won.
Will try compare with their Q2 and est Q3.
 
Blanchard ( Date: 07-Nov-2013 11:01) Posted:
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Shareholdings
As at 12 March 2013
As at 12 March 2013

wait4opp ( Date: 07-Nov-2013 10:49) Posted:
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Anyone know how much the floats in the market.
We want to calculate the total float of share  values vs the market value.
Maybe by then become SSHs.....
Check out Midas 3Q2012 & 9Q2012 performances...... I think  can hope for relatively better performances unless there are surprises. Keep our fingers crossed.     
alexmay ( Date: 07-Nov-2013 10:23) Posted:
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This is the interim report for 2013, 
  http://infopub.sgx.com/FileOpen/E-InterimReport2013.ashx?App=Announcement& FileID=256783
Can Q32013   be better?   DYODD 
 
In 3Q2012, Midas made a loss.  Thus, if Midas maintains her 2Q2013 performances,  we may see  relatively better performances in 3Q2013 & 9M2013. Keep our fingers crossed.
 

akchua ( Date: 07-Nov-2013 08:55) Posted:
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Hi, may I offer my view...agree that there is much prospect for the mid to long term for this counter.
1. Large Chinese contract are in for the rail system in CHINA. ( there main mode of transport bet cities for the mass)
2. Midas is one of the most qualify vendor. ( with history and experience)
3. They have survive well the past 2/3 years when the Chinese rail industry was hit hard.
4. No immediate results but certainly improvement on the way. Further they have win business from other areas beside depending mainly on China market.
All the best if you are holding onto this... ))
viromics ( Date: 07-Nov-2013 09:19) Posted:
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I share the same thought. Most of their orderes and deliveries  will not be reflected in the coming quarters. but the report will be slightly better than the last year.
I think this quarter result wont be good.
If you want to invest in Midas, need to hold for mid to long term like Cosco and Vard.
Is a good counter to buy now and hold. Now at the bottom of the curve like shipping and ship building industry.
Not vested.
At least the train will move a bit 0.52-0.53 before the financial result release, let's wait & see..
Wait for their financial results announcement on 14/11.
Tomorrow will be a good day for Midas?
Midas ah...Y U NO moving?