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Mistake.
The 3Q result has released on last friday 26 Oct and post at the other corner of the website. This is the reason why CSR raise today since the revenue increase and profit almost same as last year.
However, the fast speed train revenue and metro train revenue are dropped in 3Q, may be somebody read this report and sell Midas today.
http://www.csrgc.com.cn/manager/uploadfiles/1351213039944.pdf
All the best, may need to cover all my long position if tomorrow price still drop.
saw ur post about margin call tmr(maybe). please update us again.
kenkenken ( Date: 29-Oct-2012 19:58) Posted:
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what ur cut loss price? im interested to know.
khng2012 ( Date: 29-Oct-2012 17:38) Posted:
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Didn't manage to get at 0.405
Tomorrow see how it performs to decide entry again.
Tomorrow see how it performs to decide entry again.
I long at 42.5 cents mar. Quite a lot and keep some money to maintain margin. 41 cents has touch my initial margin. My broker will call me tomorrow.
If tomorrow cannot raise back 41.5 cents, I have to force sell some long lots. It is not my habit to top up and maintain margin. Lose mean lose, never top up and lose more. It is my principles for playing cfd.
I got a lots of share in normal stock, I don't worry them but only have to keep monitor my cfd long at Midas.
If tomorrow cannot raise back 41.5 cents, I have to force sell some long lots. It is not my habit to top up and maintain margin. Lose mean lose, never top up and lose more. It is my principles for playing cfd.
I got a lots of share in normal stock, I don't worry them but only have to keep monitor my cfd long at Midas.
gavinl ( Date: 29-Oct-2012 17:54) Posted:
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If general market is bad, most counters will follow regardless of any news. TA is very important. Be careful. Cut loss short, if needed. Protect capital.
halleluyah ( Date: 29-Oct-2012 17:36) Posted:
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Bro,i thought you asked me to believe in Midas and myself earlier?
Then why do you want to force sell partial of your long?
Wasnt that was what i did?
Midas sure got potiential but i still have to protect my resources as well.
khng2012 ( Date: 29-Oct-2012 17:38) Posted:
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Hope Midas back to 41.5. Otherwise I have to force sell partially of my long position.
tis 400lots buy in b4 close r actually HOPE to get 0.405 frm ppl who intend to sell by tdy. try luck to get cheap one.
khng2012 ( Date: 29-Oct-2012 17:13) Posted:
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It shall be out today or tomorrow. According to Google finance, result shall be out today, presentation is tomorrow, AM on 12 Nov.
This is why Midas has to report on 14Nov since she has 32.5% share of CSR subsidiary CSRPZ which manufacturing metro train.
China no.1 is CSR(south), no.2 is CNR (north). The new high speed train project is
At west area, whole project take 5 years to complete. Hope CSR will secure the high speed train manufacturing contract, then, the aluminium components contract will flow to Midas naturally.
This is why Midas has to report on 14Nov since she has 32.5% share of CSR subsidiary CSRPZ which manufacturing metro train.
China no.1 is CSR(south), no.2 is CNR (north). The new high speed train project is
At west area, whole project take 5 years to complete. Hope CSR will secure the high speed train manufacturing contract, then, the aluminium components contract will flow to Midas naturally.
All-In-Trader ( Date: 29-Oct-2012 17:22) Posted:
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Bro Khng,
You said CSR 3Q results will be out later?
" I am waiting for CSR 3Q result which will be announced today after market close.."
Please post here once out, thanks! :)
There are total of 500 lots buy at 41 cents in last 5 minutes and 400 lots buy in before close.
CSR in Hong Kong close at 5.59 with 4% gain. I don't know if any BB will come sgx to scoop Midas tomorrow since they are related to each other.
Who short mean you never read news, waiting to burn.
CSR in Hong Kong close at 5.59 with 4% gain. I don't know if any BB will come sgx to scoop Midas tomorrow since they are related to each other.
Who short mean you never read news, waiting to burn.
rayyeo ( Date: 29-Oct-2012 17:09) Posted:
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Bro. You don't need to believe me.
You shall believe Midas and yourself.
I am not your brokers or agents and not taking any benefit from u. I am here to post fact and news.
I am waiting CSR 3Q result. If profit is raised, it will contribute to Midas profit since Midas report loss from CSRPZ in last 2Q which eat Midas total of profit.
You shall believe Midas and yourself.
I am not your brokers or agents and not taking any benefit from u. I am here to post fact and news.
I am waiting CSR 3Q result. If profit is raised, it will contribute to Midas profit since Midas report loss from CSRPZ in last 2Q which eat Midas total of profit.
gavinl ( Date: 29-Oct-2012 17:04) Posted:
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dropped -0.05 nia, so many kan jiong spiders sell until machiam it dropped -0.10 like tht.
-.-
I believe u but still have to stick to my belief. Have cut 25% of my holdings @ 0.41. Next i ll cut another 25% @ 0.4 if still gg down which i seriously dun think so.
khng2012 ( Date: 29-Oct-2012 16:52) Posted:
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if break $0.40...I believe many ppl will dump.
Today's market is bearish and it is no surprise that it dips a bit. No need to panic lah
khng2012 ( Date: 29-Oct-2012 16:52) Posted:
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No. Cannot sell. No matter believe or not.
Midas rally is coming. High speed train contract is coming much earlier.
Who sell who is going to regret.
Midas rally is coming. High speed train contract is coming much earlier.
Who sell who is going to regret.
Sgshares ( Date: 29-Oct-2012 16:49) Posted:
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Boss, now $0.405...meaning ? can sell now?
khng2012 ( Date: 29-Oct-2012 14:40) Posted:
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Trying to see if can get at 0.405 at matching closing.