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No worry about me. I am not first time to play.
I need to sharpen my skill. Any way thanks for your kind remind.
stockmarketmind ( Date: 01-Nov-2012 17:51) Posted:
Thank you sir. Just watch ur positions. The Low can go lower. Only long when the knife touched the floor.
khng2012 ( Date: 01-Nov-2012 17:45) Posted:
Just praise you. You ma hou Pao again.
Ok lah. You got your own agenda. Wish u has a crowded class this weekend |
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midas is so yesterday...
Thank you sir. Just watch ur positions. The Low can go lower. Only long when the knife touched the floor.
khng2012 ( Date: 01-Nov-2012 17:45) Posted:
Just praise you. You ma hou Pao again.
Ok lah. You got your own agenda. Wish u has a crowded class this weekend.
stockmarketmind ( Date: 01-Nov-2012 17:34) Posted:
| sir, dont salute me. I am not here to suan or create trouble. If I tell you I actually knew Midas would broke down, I bet no one would believe me. But I knew it when I took profits at 0.435, just timing issues only before we see a breakdown today. Also, I didnt blog about Midas after I took profits at 0.435, because it was so boring in the distribution phase that I would rather focus on some other stocks. Until yesterday when I saw it was holding at 0.405/0.41. I knew very soon, the breakdown is coming |
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Tomorrow's the China Premier Handover, right?
News will follow on stimulus to jack up the economy - with industrial activity and improved transportation as the main drivers for growth.
What'll happen here then? :) Vest in Midas little by little.
skk888 ( Date: 01-Nov-2012 17:40) Posted:
I think it's about time to enter it it hits near my dreamed entry price. On close watch now.
tonylim ( Date: 25-Oct-2012 15:03) Posted:
| Ya, agree and I am also quite optimistic of this counter but need to be a bit patien |
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Just praise you. You ma hou Pao again.
Ok lah. You got your own agenda. Wish u has a crowded class this weekend.
stockmarketmind ( Date: 01-Nov-2012 17:34) Posted:
sir, dont salute me. I am not here to suan or create trouble. If I tell you I actually knew Midas would broke down, I bet no one would believe me. But I knew it when I took profits at 0.435, just timing issues only before we see a breakdown today. Also, I didnt blog about Midas after I took profits at 0.435, because it was so boring in the distribution phase that I would rather focus on some other stocks. Until yesterday when I saw it was holding at 0.405/0.41. I knew very soon, the breakdown is coming.
khng2012 ( Date: 01-Nov-2012 17:23) Posted:
You are right this time. Salute you.
Apologise whoever listen to me. But I am bleeding like all of you.
I still can't believe it happen in this week. A big question mark???? Why??? since the whole train industry is so green today |
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I think it's about time to enter it it hits near my dreamed entry price. On close watch now.
tonylim ( Date: 25-Oct-2012 15:03) Posted:
Ya, agree and I am also quite optimistic of this counter but need to be a bit patient
skk888 ( Date: 25-Oct-2012 12:11) Posted:
| Back to my post two months ago when it was .395. The price did not rise much. Catalyst in Nov if China announces more infrastructure stimuli, and when the committed projects are fulfilled. Counter to watch out |
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No, timing is off. I am watching and watching until the timing is right.
PigIsOut ( Date: 01-Nov-2012 17:13) Posted:
Brokedown indeed! And I read somewhere you mentioned about waiting for it to get to 0.37+ when it was hovering around 0.405 - 0.415 for the longest time. Is it a good time to get in yet? I'm glad I waited:)
stockmarketmind ( Date: 01-Nov-2012 16:58) Posted:
| Wow Midas, brokedown seriously. |
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sir, dont salute me. I am not here to suan or create trouble. If I tell you I actually knew Midas would broke down, I bet no one would believe me. But I knew it when I took profits at 0.435, just timing issues only before we see a breakdown today. Also, I didnt blog about Midas after I took profits at 0.435, because it was so boring in the distribution phase that I would rather focus on some other stocks. Until yesterday when I saw it was holding at 0.405/0.41. I knew very soon, the breakdown is coming.
khng2012 ( Date: 01-Nov-2012 17:23) Posted:
You are right this time. Salute you.
Apologise whoever listen to me. But I am bleeding like all of you.
I still can't believe it happen in this week. A big question mark???? Why??? since the whole train industry is so green today.
stockmarketmind ( Date: 01-Nov-2012 16:58) Posted:
| Wow Midas, brokedown seriously. |
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May be Citigroup want to retrench their investment department staff and ask them to clear all their singapore investment after the Indian MD leave Citigroup.
So many counters are attacked with loss in these few days when other market is green.
casino ( Date: 01-Nov-2012 17:03) Posted:
| I bought @ 0.39,0.38 and 0.375.All sold by citigroup.Maybe Sandy caused too much damage to US and they liquidate? |
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You are right this time. Salute you.
Apologise whoever listen to me. But I am bleeding like all of you.
I still can't believe it happen in this week. A big question mark???? Why??? since the whole train industry is so green today.
stockmarketmind ( Date: 01-Nov-2012 16:58) Posted:
| Wow Midas, brokedown seriously. |
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Brokedown indeed! And I read somewhere you mentioned about waiting for it to get to 0.37+ when it was hovering around 0.405 - 0.415 for the longest time. Is it a good time to get in yet? I'm glad I waited:)
stockmarketmind ( Date: 01-Nov-2012 16:58) Posted:
| Wow Midas, brokedown seriously. |
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tdy hugh selling down. it may test 35 cents soon.
I bought @ 0.39,0.38 and 0.375.All sold by citigroup.Maybe Sandy caused too much damage to US and they liquidate?
One guru told me before:
the winner must know when to keep the winning and understand the odd to winIt's stick with me ever since. Winning itself is already very hard to come by. It's a pity to give up your winning.
khng2012 ( Date: 01-Nov-2012 16:36) Posted:
If you follow my thread, today 38.5cents nearly touch my breakeven level 36.6cents.
I earned a lot from Ausgroup in my CFD account close to 150% and NOL about 30%. I am playing with Midas with my profit actually.
No worry about me. If today train crash in china, I will run but it doesn't.
I am going to hold my share.
I am going to sell my midas in CFD account batch by batch if reach margin call. Today, my margin call is touch, my broker will call me tomorrow.
tiancai007 ( Date: 01-Nov-2012 16:17) Posted:
| Dont always use 'see tomorrow' as an excuse not to cut. Once hit ur stop, just cut. Never be too hopeful.. |
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Wow Midas, brokedown seriously.
I am really very curious what is the behind strength to let BB to short it down till 37.5cents
fortunecat ( Date: 01-Nov-2012 16:55) Posted:
I think many many others are being attacked these few days, and most of them have not been moving these few weeks even when STI, Europe or Dow are green green...
khng2012 ( Date: 01-Nov-2012 16:50) Posted:
My 2 favourite shares, Ausgroup and Midas are attached by shortist these few days. I sold Ausgroup early at 52cents but still keep Midas till today.
The most simple reason is Midas is in booming industry, Ausgroup is in gloomy industry now and 2013.
Hope I am right. All the best for new comer for Midas. |
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I think many many others are being attacked these few days, and most of them have not been moving these few weeks even when STI, Europe or Dow are green green...
khng2012 ( Date: 01-Nov-2012 16:50) Posted:
My 2 favourite shares, Ausgroup and Midas are attached by shortist these few days. I sold Ausgroup early at 52cents but still keep Midas till today.
The most simple reason is Midas is in booming industry, Ausgroup is in gloomy industry now and 2013.
Hope I am right. All the best for new comer for Midas. |
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They are BB mah...they moved the market...if they want it down....what can we do? Just go with them...
khng2012 ( Date: 01-Nov-2012 16:03) Posted:
I show my respect and applause to this shortist BB. You really dare to short Midas which is the most bullish industry in this week.
Let's see how is tomorrow. |
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My 2 favourite shares, Ausgroup and Midas are attached by shortist these few days. I sold Ausgroup early at 52cents but still keep Midas till today.
The most simple reason is Midas is in booming industry, Ausgroup is in gloomy industry now and 2013.
Hope I am right. All the best for new comer for Midas.
CSR is china no.1 trains and truck manufacturer from truck, coal locomotive, electrical train till high speed train. 60% market share in china belong to them.
CSR has subsidiary CSRPZ which manufacture metro train (or MRT you are more familiar with), Midas and the other 2 parties and CSR form as consotium and Midas own 32.5% share of CSRPZ.
If you notice properly, Midas biggest customer is CSR since Metro train and high speed train which are using electrical driven system require very light material as the body components, so Aluminium is the choice.
CSR good mean Midas is good since the aluminium components of high speed train and metro train contract will go to Midas automatically which counted 5 to 10% of total contract or revenue of CSR high speed train and metro business.
solomonster ( Date: 01-Nov-2012 16:34) Posted:
khng2012, why are you comparing with CSR? Sorry, never read old thread if you have explained before.
It has correlation until mid-march, but it’s opposite correlation until now. Should take opposite position instead?
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