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3901-3920 of 10484
Was RichTan, I remember his nick. He was really very attached to this stock, but alas the market played him out with the BBs pressing down from $1.00 over to today's 31 cents. Pathetic BBs shortists, got no heart for " poor" investors.
starlene ( Date: 09-May-2012 22:40) Posted:
Wow the way they trapped pple---one moment gd next moment lost in earnings...typical os S chips matter of time go below 30cts and difficult to go bk to his hey days of $1...there was a guy here actively promoting this stock previously when the counter kept announcing won contracts but its price remain range struck 85cts -$1.02,was lucky to escape at about 98cts.
Was at Capital land AGM at Westin when many investors also attend the AGM of Midas next door...many remain stuck at high level and hence waiting to sell
teeth53 ( Date: 29-Apr-2012 22:42) Posted:
Midas is looking attractive again for collection??. Last:0.365 Vol:3,972,000  -0.0050
Midas...JV Co NANJING SR PUZHEN Rail Transport secures RMB526.9 million metro contract, to supply 115 train cars for the Suzhou Metro Line 2 Project - Delivery from 2013 to 2014. Midas holds a 32.5% stake in the JV, so its share of the revenue is RMB171 m. Divided by 2 years = rmb86 m. This adds about 8-9% to its topline in each year (assuming the rmb 1 billion in revenue in FY2011 and FY2010). |
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If this baby falls to 0.28 I'm buying 9 lots! Need to recover my loss from when I bought one lot at 0.82 :(
u bot how many lots at wat price?
EddieLeong ( Date: 09-May-2012 20:52) Posted:
I think it already sell into strength.
Q1 profit is expected base on last year incidents
that Q1 profit lost is quite expected for many because of the train clash last year +
now the economics from euro like back to square 1.
2 main factors to consider
--- Will china lead the economics from Q2 onwards?
--- Will china government focus on infrastructure
Vested some. |
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Wow the way they trapped pple---one moment gd next moment lost in earnings...typical os S chips matter of time go below 30cts and difficult to go bk to his hey days of $1...there was a guy here actively promoting this stock previously when the counter kept announcing won contracts but its price remain range struck 85cts -$1.02,was lucky to escape at about 98cts.
Was at Capital land AGM at Westin when many investors also attend the AGM of Midas next door...many remain stuck at high level and hence waiting to sell
teeth53 ( Date: 29-Apr-2012 22:42) Posted:
Midas is looking attractive again for collection??. Last:0.365 Vol:3,972,000 -0.0050
Midas...JV Co NANJING SR PUZHEN Rail Transport secures RMB526.9 million metro contract, to supply 115 train cars for the Suzhou Metro Line 2 Project - Delivery from 2013 to 2014. Midas holds a 32.5% stake in the JV, so its share of the revenue is RMB171 m. Divided by 2 years = rmb86 m. This adds about 8-9% to its topline in each year (assuming the rmb 1 billion in revenue in FY2011 and FY2010). |
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I think it already sell into strength.
Q1 profit is expected base on last year incidents
that Q1 profit lost is quite expected for many because of the train clash last year +
now the economics from euro like back to square 1.
2 main factors to consider
--- Will china lead the economics from Q2 onwards?
--- Will china government focus on infrastructure
Vested some.
do u guys think midas will fall below 30 cts?
I'm not vested yet
If it is expected to make lesser profits, sell better why do you say hold? Many other shares expected better profits, mah.
katak88 ( Date: 09-May-2012 15:13) Posted:
STOCKS NEWS SINGAPORE-Midas falls on Q1 profit warning
Reuters – 4 hours ago Shares of Midas Holdings, which supplies aluminium components to trains in China, shed as much as 8.5 percent after the company forecast a significant drop in quarterly net profit. Midas shares fell to S$0.325, the lowest since end-December. The company said the expected profit fall in its first-quarter was mainly due to lower revenue, higher operating expenses and finance costs, as well as share of losses from an associated firm, Nanjing SR Puzhen Rail Transport Co Ltd. OCBC Investment Research forecast Midas' first-quarter revenue to fall 31 percent and net profit to drop 47 percent from a year ago, given the challenging conditions in China's railway sector. It maintained its hold rating and a price target of S$0.375. http://link.reuters.com/qac28s 1010 (0210 GMT)
(Reporting by Eveline Danubrata in Singapore eveline.danubrata@thomsonreuters.com)
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STOCKS NEWS SINGAPORE-Midas falls on Q1 profit warning
Reuters – 4 hours ago Shares of Midas Holdings, which supplies aluminium components to trains in China, shed as much as 8.5 percent after the company forecast a significant drop in quarterly net profit.
Midas shares fell to S$0.325, the lowest since end-December.
The company said the expected profit fall in its first-quarter was mainly due to lower revenue, higher operating expenses and finance costs, as well as share of losses from an associated firm, Nanjing SR Puzhen Rail Transport Co Ltd.
OCBC Investment Research forecast Midas' first-quarter revenue to fall 31 percent and net profit to drop 47 percent from a year ago, given the challenging conditions in China's railway sector. It maintained its hold rating and a price target of S$0.375.
http://link.reuters.com/qac28s
1010 (0210 GMT)
(Reporting by Eveline Danubrata in Singapore eveline.danubrata@thomsonreuters.com)
"
6. Brighter outlook: CEO: “W'e hope this is a transition year, and hopefully by next year we will see a recovery. Wen Jiabao (China premier) has said that China’s funding and development for rail will go according to(what ????) plan. ”
MIDAS all strength, focus to get JOBS ....... JOBS not JV.
CEO stop hoping.
" hopefully by next year to will see a recovery" ,what sort of target is this??????
Midas is not a bad stock -- you need some patience to get rewarded with 50% gain : from 36 cents to 54 cents....:-)
MIDAS: Will its train recover speed fast next year? 
Midas is looking attractive again for collection??. Last:
0.365 Vol:
3,972,000 -0.0050
Midas...JV Co NANJING SR PUZHEN Rail Transport secures RMB526.9 million metro contract, to supply 115 train cars for the Suzhou Metro Line 2 Project - Delivery from 2013 to 2014. Midas holds a 32.5% stake in the JV, so its share of the revenue is RMB171 m. Divided by 2 years = rmb86 m. This adds about 8-9% to its topline in each year (assuming the rmb 1 billion in revenue in FY2011 and FY2010).
Not bad, manage to close at 0.37.
ice_red ( Date: 26-Apr-2012 17:36) Posted:
| Today Midas has awaken from its deep sleep.
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Today Midas has awaken from its deep sleep.
This forum maybe more approriate....Happi trading.
MIDAS Last:0.38 Vol:3357k 
+0.0050
if overcome 40 again, probably an opportunity to test 50 .....
This worthiness of this gem would soon be realized by all.
Of course it will break with all the good news around. Just wait for accumulation to complete. Think a day or two. They (BBs) also won't want to miss the opportunity when it spikes soon.
viromics ( Date: 13-Mar-2012 16:40) Posted:
| Why is this guy so difficult to break $0.40? It is still a growing company. |
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If U like to vest or speculate on short term for immediate win and or err...a loss.
UPP, IPC, Yoma, Artivision, Fragrance and many others....A safer bet is STXsov...thou pice had gone up.
Pls do ur sum and homework n don listen to everone, I am just as human - can be wrong.
viromics ( Date: 13-Mar-2012 16:40) Posted:
| Why is this guy so difficult to break $0.40? It is still a growing company. |
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