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Midas

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chartreader
    05-Oct-2012 13:20  
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Wah everybody talks like they're well connected to BB somehow and know their very next move ... All must be very very important person ..
 
 
yabbest
    05-Oct-2012 13:12  
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ok BBs if want to short then short big big, dont do half past six job like ausgroup

drop more i load up more whoakaka

 
 
 
Sgshares
    05-Oct-2012 13:03  
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见 好 就 收 , Bro. : P

gavinl      ( Date: 05-Oct-2012 12:46) Posted:

To b fair to Sgshares,what he had shared olso make some sense. I m heavily vested in midas too, but i dun think bb will short it down becos other bb or bbs might b waiting to collect. Next 1 or 2 weeks might have a clearer picture. Contra players i humbly think better dun get involve. If really dun want to miss the boat, buy what u can afford in cash or cfd or cpf.

Sgshares      ( Date: 05-Oct-2012 12:37) Posted:

u pray harder...lol


 

 
Sgshares
    05-Oct-2012 12:57  
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Here comes the 1 cent retailer

stockmarketmind      ( Date: 05-Oct-2012 10:44) Posted:

really? I sometimes think retailers are smarter than the BBs

Sgshares      ( Date: 05-Oct-2012 10:20) Posted:

Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol


 
 
Sgshares
    05-Oct-2012 12:53  
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I'm very responsible to say 'Many ppl got 'killed' listening to all these...trade with care.' Go ask the Sifus here and see if I am wrong to say that. If you cant understand, too bad and good luck


khng2012      ( Date: 05-Oct-2012 10:46) Posted:



'Kill" what you mean, please define properly, I can't understand.

Midas price is 43cents now which is same in whole week. What is your definition?

Midas dual list in Hong Kong, not breaking resistance is normal. If you are BB, will you push it up when another counter listed in hong kong is holiday and may drag down on monday if Hong kong doesn't follow the price.

Please be responsible with you thread, don't post wrong message.

Sgshares      ( Date: 05-Oct-2012 10:34) Posted:

Many ppl got 'killed' listening to all these...trade with care.


 
 
gavinl
    05-Oct-2012 12:46  
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To b fair to Sgshares,what he had shared olso make some sense. I m heavily vested in midas too, but i dun think bb will short it down becos other bb or bbs might b waiting to collect. Next 1 or 2 weeks might have a clearer picture. Contra players i humbly think better dun get involve. If really dun want to miss the boat, buy what u can afford in cash or cfd or cpf.

Sgshares      ( Date: 05-Oct-2012 12:37) Posted:

u pray harder...lol

khng2012      ( Date: 05-Oct-2012 10:58) Posted:



You will be embrassing yourself in next 2 weeks by posting this message. Midas is going to cheong soon. Don't act smart and think BB will short it down.

There are a lot of BBs standing outside to take over the share of current BBs if they want to cash out Midas


 

 
Sgshares
    05-Oct-2012 12:37  
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u pray harder...lol

khng2012      ( Date: 05-Oct-2012 10:58) Posted:



You will be embrassing yourself in next 2 weeks by posting this message. Midas is going to cheong soon. Don't act smart and think BB will short it down.

There are a lot of BBs standing outside to take over the share of current BBs if they want to cash out Midas.

Sgshares      ( Date: 05-Oct-2012 10:20) Posted:

Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol


 
 
yabbest
    05-Oct-2012 12:22  
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so be it...suckers also can earn $ whoakakaka

 
 
Raindrops 
Member
Posted: 05-Oct-2012 12:07
  x 0 
  x 0


I am one of the suckers also! 

   

bbest Senior Posted: 05-Oct-2012 11:46 x 0 x 0 wow man...im one of the suckers lor...just loot up ytd somemore whoakakaka price movement 425 to 43, trying to break 435 lvl la dude 

   

Sgshares Elite Posted: 05-Oct-2012 10:20 x 0 x 0 Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol
yabbest 
Senior
Posted: 05-Oct-2012 11:46
  x 0 
  x 0


wow man...im one of the suckers lor...just loot up ytd somemore whoakakaka

price movement 425 to 43, trying to break 435 lvl la dude    

 
Sgshares   
Elite
Posted: 05-Oct-2012 10:20
  x 0   
  x 0
Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol


   

 
 
 
Raindrops
    05-Oct-2012 12:07  
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I am one of the suckers also!

 

bbest Senior Posted: 05-Oct-2012 11:46 x 0 x 0 wow man...im one of the suckers lor...just loot up ytd somemore whoakakaka price movement 425 to 43, trying to break 435 lvl la dude

 

Sgshares Elite Posted: 05-Oct-2012 10:20 x 0 x 0 Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol
 
 
yabbest
    05-Oct-2012 11:46  
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wow man...im one of the suckers lor...just loot up ytd somemore whoakakaka

price movement 425 to 43, trying to break 435 lvl la dude  

 
Sgshares 
Elite
Posted: 05-Oct-2012 10:20
  x 0 
  x 0
Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol


 

 
 

 
khng2012
    05-Oct-2012 10:58  
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You will be embrassing yourself in next 2 weeks by posting this message. Midas is going to cheong soon. Don't act smart and think BB will short it down.

There are a lot of BBs standing outside to take over the share of current BBs if they want to cash out Midas.

Sgshares      ( Date: 05-Oct-2012 10:20) Posted:

Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol

 
 
khng2012
    05-Oct-2012 10:46  
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'Kill" what you mean, please define properly, I can't understand.

Midas price is 43cents now which is same in whole week. What is your definition?

Midas dual list in Hong Kong, not breaking resistance is normal. If you are BB, will you push it up when another counter listed in hong kong is holiday and may drag down on monday if Hong kong doesn't follow the price.

Please be responsible with you thread, don't post wrong message.

Sgshares      ( Date: 05-Oct-2012 10:34) Posted:

Many ppl got 'killed' listening to all these...trade with care.


Raindrops      ( Date: 05-Oct-2012 10:29) Posted:

Maintain Outperform. We roll
forward to CY14 EPS, with our target
now based on 15.5x (10% discount to
its 5-year forward average previously
-0.5SD). Our target price increases
accordingly. We change our valuation
to account for potential ROE and
growth normalisation. Stock catalysts
are expected from order flows, while
operational risks are contained.
Order outlook seems rosy
China’s National Development and
Reform Commission (NDRC) has
planned close to Rmb1tr of urban
railway projects up until 2020. CSR is
expecting high-speed contracts by
4Q12 or 1Q13. It typically takes 3-6
months before contracts tickle down
to downstream players like Midas
this means that orders could come as
early as 1Q13.
Balance sheet still strong
Midas has been relying on short-term
loans and receivable securitisation to
fund its working capital due to
liquidity tightness in the railway
industry. It will be entering a
capital-intensive phase once it
commences the construction of its
new production facility. However,
with sufficient debt headroom and
relatively decent interest coverage, its
balance sheet offers some buffer in
any prolonged order drought/lack of
liquidity. In addition, the Ministry of
Railway has successfully tapped bond
markets in recent months. Efforts to
boost alternative financing (private
investors, local government financing
etc.) are underway.
Valuations
We have applied a 10% discount to its
5-year forward average P/E on risks
of higher gearing. Nevertheless,
potential high-speed train-car
contracts could act as price catalysts.
Midas is trading at 10.65x CY14 EPS,
still attractive against its historical
forward average of 17.2x. Maintain
Outperform.



 
 
stockmarketmind
    05-Oct-2012 10:44  
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really? I sometimes think retailers are smarter than the BBs

Sgshares      ( Date: 05-Oct-2012 10:20) Posted:

Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol

 
 
Sgshares
    05-Oct-2012 10:34  
Contact    Quote!
Many ppl got 'killed' listening to all these...trade with care.


Raindrops      ( Date: 05-Oct-2012 10:29) Posted:

Maintain Outperform. We roll
forward to CY14 EPS, with our target
now based on 15.5x (10% discount to
its 5-year forward average previously
-0.5SD). Our target price increases
accordingly. We change our valuation
to account for potential ROE and
growth normalisation. Stock catalysts
are expected from order flows, while
operational risks are contained.
Order outlook seems rosy
China’s National Development and
Reform Commission (NDRC) has
planned close to Rmb1tr of urban
railway projects up until 2020. CSR is
expecting high-speed contracts by
4Q12 or 1Q13. It typically takes 3-6
months before contracts tickle down
to downstream players like Midas
this means that orders could come as
early as 1Q13.
Balance sheet still strong
Midas has been relying on short-term
loans and receivable securitisation to
fund its working capital due to
liquidity tightness in the railway
industry. It will be entering a
capital-intensive phase once it
commences the construction of its
new production facility. However,
with sufficient debt headroom and
relatively decent interest coverage, its
balance sheet offers some buffer in
any prolonged order drought/lack of
liquidity. In addition, the Ministry of
Railway has successfully tapped bond
markets in recent months. Efforts to
boost alternative financing (private
investors, local government financing
etc.) are underway.
Valuations
We have applied a 10% discount to its
5-year forward average P/E on risks
of higher gearing. Nevertheless,
potential high-speed train-car
contracts could act as price catalysts.
Midas is trading at 10.65x CY14 EPS,
still attractive against its historical
forward average of 17.2x. Maintain
Outperform.


 
 
Raindrops
    05-Oct-2012 10:29  
Contact    Quote!
Maintain Outperform. We roll
forward to CY14 EPS, with our target
now based on 15.5x (10% discount to
its 5-year forward average previously
-0.5SD). Our target price increases
accordingly. We change our valuation
to account for potential ROE and
growth normalisation. Stock catalysts
are expected from order flows, while
operational risks are contained.
Order outlook seems rosy
China’s National Development and
Reform Commission (NDRC) has
planned close to Rmb1tr of urban
railway projects up until 2020. CSR is
expecting high-speed contracts by
4Q12 or 1Q13. It typically takes 3-6
months before contracts tickle down
to downstream players like Midas
this means that orders could come as
early as 1Q13.
Balance sheet still strong
Midas has been relying on short-term
loans and receivable securitisation to
fund its working capital due to
liquidity tightness in the railway
industry. It will be entering a
capital-intensive phase once it
commences the construction of its
new production facility. However,
with sufficient debt headroom and
relatively decent interest coverage, its
balance sheet offers some buffer in
any prolonged order drought/lack of
liquidity. In addition, the Ministry of
Railway has successfully tapped bond
markets in recent months. Efforts to
boost alternative financing (private
investors, local government financing
etc.) are underway.
Valuations
We have applied a 10% discount to its
5-year forward average P/E on risks
of higher gearing. Nevertheless,
potential high-speed train-car
contracts could act as price catalysts.
Midas is trading at 10.65x CY14 EPS,
still attractive against its historical
forward average of 17.2x. Maintain
Outperform.

 

 
Sgshares
    05-Oct-2012 10:20  
Contact    Quote!
Maybe BB is waiting for the last batch of suckers to take up their shares before they start to open shorts? But retailers are getting smarter now...never fall into the trap. lol
 
 
yabbest
    05-Oct-2012 09:35  
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definitely agree

someone just nd to remove the junk of shit at 0.435 and viola

whoakakaka

 
 
tonylim 
Veteran
Posted: 05-Oct-2012 09:01
  x 0 
  x 0
Today Midas looks set to surge

yabbest           ( Date: 04-Oct-2012 19:58) Posted: 



download the pdf format by cimb, those believe in midas shld also buy china railway

http://sgx.i3investor.com/servlets/ptres/3105.jsp

 
 
tonylim
    05-Oct-2012 09:01  
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Today Midas looks set to surge

yabbest      ( Date: 04-Oct-2012 19:58) Posted:



download the pdf format by cimb, those believe in midas shld also buy china railway

http://sgx.i3investor.com/servlets/ptres/3105.jsp

 
 
yabbest
    04-Oct-2012 19:58  
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download the pdf format by cimb, those believe in midas shld also buy china railway

http://sgx.i3investor.com/servlets/ptres/3105.jsp
 
 
khng2012
    04-Oct-2012 18:04  
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There is no 45 cent resistance. 43 to 43.5 is the strongest resistance. Once break, will fly.

dicksonh      ( Date: 04-Oct-2012 13:52) Posted:



waiting for midas to breach the 0.45 resistance !!

chiong ah! 

 
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