Midas    Last:0.192   -

Midas

No shorting, shortist scare gonna trap. No pushing, BB waiting for good news. Accummulation continue.

Be patient and wait...

 

Bro, this one I don't have ... but chart wise look like rounded top ... so it's just my speculative view. I don't know any BB nor connected to them.

I have warned about Yanlord yesterday, but people said I spread rumours

 

Another accummulation day... Ignore the fake sell by BB to chase out weakholders. The selling continue dry.

 

Noted, that.

Thks for the advise.  

khng2012      ( Date: 23-Oct-2012 13:23) Posted: So long as no train crash, we shall buy midas now. Somebody may think midas will be lower but i don't think it will happen since to a manufacturing company, share price close to NAV value is very cheap. The contract award in 2012 will reflect the profit in 4Q 2012 and 2013. Midas definitely has the production capacity to double up the current revenue with its expanded factory. I believe speculation of railway industry will be at peak in early 2013. It is what i believe. You should judge yourselves and take own risk. seltzer7814      ( Date: 23-Oct-2012 12:07) Posted: hi khng2012,   i'd bought midas at 0.4. Is it advisable to accumulate more based on current price at 0.42 ?

 

So long as no train crash, we shall buy midas now.

Somebody may think midas will be lower but i don't think it will happen since to a manufacturing company, share price close to NAV value is very cheap.

The contract award in 2012 will reflect the profit in 4Q 2012 and 2013. Midas definitely has the production capacity to double up the current revenue with its expanded factory.

I believe speculation of railway industry will be at peak in early 2013.

It is what i believe. You should judge yourselves and take own risk.

seltzer7814      ( Date: 23-Oct-2012 12:07) Posted: hi khng2012,   i'd bought midas at 0.4. Is it advisable to accumulate more based on current price at 0.42 ?   khng2012      ( Date: 23-Oct-2012 10:06) Posted: Hong kong holiday, friday in sg is holiday. Movement of midas is restricted in this week.

 

hi khng2012,

 

i'd bought midas at 0.4. Is it advisable to accumulate more based on current price at 0.42 ?

 

khng2012      ( Date: 23-Oct-2012 10:06) Posted: Hong kong holiday, friday in sg is holiday. Movement of midas is restricted in this week.

 

Hong kong holiday, friday in sg is holiday. Movement of midas is restricted in this week.

 

Play share with bias is a mistake. Master, you should know it. Dead cat also can survive, midas is sleeping dragon.

 

Actually, when i see similar post, i am very happy.

It mean midas still cheap.

GuavaXF30      ( Date: 23-Oct-2012 09:01) Posted: China plays out of favor. Now it's not a matter of if there will be a hard landing but how big a hard landing. khng2012      ( Date: 23-Oct-2012 07:51) Posted: Midas manufacturing plant expansion is completed and waiting for all these order inflow. When is it only? BB left midas? Not possible at all. Midas is golden in 2013.

 

China plays out of favor. Now it's not a matter of if there will be a hard landing but how big a hard landing.

khng2012      ( Date: 23-Oct-2012 07:51) Posted: Midas manufacturing plant expansion is completed and waiting for all these order inflow. When is it only? BB left midas? Not possible at all. Midas is golden in 2013.

 

Midas manufacturing plant expansion is completed and waiting for all these order inflow.

When is it only? BB left midas? Not possible at all. Midas is golden in 2013.

 

I loaded midas to wait for high speed rail project approval. News flowing around about 500bil high speed projecf plan in 2012 to 2013. High spees train project will double midas order book.

 

Hope it will do good for midas!

Efforts urged to fulfill railway investmentplan

Updated: 2012-10-22 10:14( Xinhua)Comments(0)PrintMailLarge Medium  Small0BEIJING -- China's National Development and Reform Commission, the country's topeconomic planner, has called for increasing efforts to reach this year's railway investmenttarget.Xu Xianping, vice-minister of the NDRC, said at a recent work conference that efforts shouldbe made to complete this year's railway investment plan so as to meet the country's railwayconstrauction target set for the 2011-2015 period.After years of torrid growth, investment in China's railways cooled remarkably in the wake ofa train crash in July last year that left 40 people dead and 172 injured.China set itself a target of investing 500 billion yuan ($79.4 billion) in railways this year.However, in the first three quarters, fixed-asset investments on railways only amounted to344.16 billion yuan, which means it has to catch up with the rest 31 percent in the fourthquarter.China aims to basically complete the construction of a high-speed railway network with atotal operating length of more than 40,000 km by the end of 2015.

 

Bingo!!!

I also learnt from mistake. Hard to teach and hard to explain in detail. I may be wrong sometimes too.

New123      ( Date: 22-Oct-2012 23:13) Posted: there is no such things as free lesson. no pain no gain. no risk no reward. t4, hv to learn thru trial and error. nobody is willing to teach u everything. one day u will know which method works for u..

 

NP, many thanks!

khng2012      ( Date: 22-Oct-2012 22:42) Posted: This is what I believe when I read the chart. You can choose to believe it or study yourselves. Sometimes, this is subjective. All the best to you. punter2012      ( Date: 22-Oct-2012 22:34) Posted: Thanks....but how you determine BB accummulated 2 times at 36 to 42 cents before the huge run from 42? There are quite a few trading days within past 1 yr where the vol is more than 20m, unless you are referring to the 2 days where the vol exceed 30m...  1 in Jan 12 and 1 in Apr 12, when you first started buying Ausgroup for this run

 

there is no such things as free lesson. no pain no gain. no risk no reward. t4, hv to learn thru trial and error. nobody is willing to teach u everything. one day u will know which method works for u..

 

Np.just for reference only.

khng2012      ( Date: 22-Oct-2012 23:00) Posted: I am not a good teacher to explain. All the best to you all. Self learning is important, master your analysis skill and trust yourselves instead of others. I am here just to share and post useful information and create some fun when my share is up as per my analysis. Hehehe...

 

I am not a good teacher to explain.

All the best to you all.

Self learning is important, master your analysis skill and trust yourselves instead of others.

I am here just to share and post useful information and create some fun when my share is up as per my analysis. Hehehe...

 

3qns.
1.what is ur margin leverage when u mean cfd to max.
2.u have another portfolio solely base on cash and another cfd.
3.how u set cut loss?

khng2012      ( Date: 22-Oct-2012 22:42) Posted: This is what I believe when I read the chart. You can choose to believe it or study yourselves. Sometimes, this is subjective. All the best to you. punter2012      ( Date: 22-Oct-2012 22:34) Posted: Thanks....but how you determine BB accummulated 2 times at 36 to 42 cents before the huge run from 42? There are quite a few trading days within past 1 yr where the vol is more than 20m, unless you are referring to the 2 days where the vol exceed 30m...  1 in Jan 12 and 1 in Apr 12, when you first started buying Ausgroup for this run

 

This is what I believe when I read the chart. You can choose to believe it or study yourselves. Sometimes, this is subjective. All the best to you.

punter2012      ( Date: 22-Oct-2012 22:34) Posted: Thanks....but how you determine BB accummulated 2 times at 36 to 42 cents before the huge run from 42? There are quite a few trading days within past 1 yr where the vol is more than 20m, unless you are referring to the 2 days where the vol exceed 30m...  1 in Jan 12 and 1 in Apr 12, when you first started buying Ausgroup for this run? khng2012      ( Date: 22-Oct-2012 21:28) Posted: for Ausgroup 1) BB has accummulated 2 times at 36 to 42cents in past 1 year 2) Civmec listed in SGX provide a good platform for Ausgroup to raise since PE 19 VS PE6. Something is not right here 3) The postive new for Ausgroup to hit in past is order book and dual list plan. Dual list plan is on hold due to MD resigned in 2011. new MD is back and will re-activate it.(I was right even I pointed many time in my previous post but nobody believe that time) 4) The selling  was dry when it sold from 39 cents down till 35.5cents after Civmec rally. Expect a rally is approaching 5) After detecting dry selling and buy in, I waited for a month and price slowly go up with low volume and BB accummulation, confidence level increased use CFD to buy in more to maximise 5 times share holding and set cut loss level at 38cents (But it never drop below) after pass and test 42cents, I fully loaded with CFD and all in. Luck also did partially since dual list plan re-activated. Without dual list plan, Ausgroup still up but with lower speed