Post Reply
3921-3940 of 10484
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/7085D9F5B5739038482579A5001303E3?opendocument
UBS AG -- From
5.53 % To 4.37 % teeth53 ( Date: 18-Mar-2012 22:46) Posted:
It did went beyond 0.40 cts...think players took profit and others BBs oso selling abit here n there...some may hav gone below 5% liao.
viromics ( Date: 13-Mar-2012 16:40) Posted:
| Why is this guy so difficult to break $0.40? It is still a growing company. |
|
|
|
It did went beyond 0.40 cts...think players took profit and others BBs oso selling abit here n there...some may hav gone below 5% liao.
viromics ( Date: 13-Mar-2012 16:40) Posted:
| Why is this guy so difficult to break $0.40? It is still a growing company. |
|
On Friday, Midas trend sideways and closed at $0.395 with LOW volume of 6.67 million shares traded.
During the past 10 bars, there have been 3 white candles and 6 black
candles for a net of 3 black candles. During the past 50 bars, there
have been 17 white candles and 28 black candles for a net of 11 black
candles.
Both RSI & MACD are flat as MACD lines converge together.
Important Resistance of Midas: $0.435
Immediate Support of Midas: $0.375
Currently prices are resisted by 200 days MA at $0.435.
Since Sept 2011 ................
READ MORE
Saw some already starting to load up at 0.395. Will it cheong on monday after it goes into the main frame at FTSE ST CHINA?
Not related
Anyone knows if the US company (MDS-NYSE) and Midas Sgx (5EN) are related. They have similar name.
Midas, Inc. Common Stock (MDS)
-NYSE
11.50 
0.06(0.52%) 4:04PM EDT|After Hours:
11.46 
0.04 (0.31%) 6:09PM EDT
They took almost twice short term secured loans on 2011 than in 2010. These loans were provided to one of their subsidaries, Jilin Midas Aluminium Industries Co. However, no reasons were stated what the loans were used for.
Read some report saying that it took up quite a lot of short term payback debts. Not sure if holders can confirm it ?
Its due quite soon for payback.
Any one can clarify whom knows or very familiar with the matter clarify if its true ? pls.
Thought of vesting some but the short term financing news make me hold back till thing are clearer.
many Thanks.
MIDAS included in FTSE ST China Top Index from Monday 19 March!!
Watch for this as Funds need to buy into this stock.
Do not miss the boat!
FTSE Keeps Singapore STI Unchanged Hutchison Port on Reserve
2012-03-09 02:43:45.584 GMT
By Grant Clark
March 9 (Bloomberg) --
* Midas Holdings, Perennial China Retail Trust replace
Guocoland, People’s Food Holdings in FTSE ST China Top Index
from start of trading March 19
Why is this guy so difficult to break $0.40? It is still a growing company.
Cover back later.
Heard some naked short.
Noted... Tks...
hlfoo2010 ( Date: 05-Mar-2012 12:23) Posted:
| SECure more contracts than buy !!!!!!! |
|
SECure more contracts than buy !!!!!!!
Can buy?
richtan ( Date: 15-Oct-2009 15:17) Posted:
Midas does not just depend on trains, read extract from below:
Life after trains:
Over the longer term, management will look into other feasible, promising industries such as aviation to continue its growth.
I had been posting almost everyday the below writeup from Kim Eng:
Midas – Company update (James KOH 64321431)
Previous day closing price: $0.865
Recommendation: Buy (maintained)
Target price: $1.15 (Previously $0.985)
Still packing the theatre
We recently hosted a roadshow for Midas in the US, which was very well-received by funds.
The exciting growth prospects within the China rail infrastructure space continue to capture the
imagination, with the main discussion points being the competition within this space, the sustainability of growth for Midas and the progression on expansion.
A smaller share of the bigger pie
While Midas still holds a clear lead in terms of certification and track record,
management expects competition to intensify, with listed peers such as Shandong Nanshan (Shanghai) and Zhongwang (HK) stating their intentions to break into this market.
Going forward, they believe achieving a lower 50-60% market share of this growing pie would be a more reasonable target, which will still ensure strong growth.
Life after trains
Improving the rail infrastructure network is an important government initiative, with current directives providing clear visibility over the next 2-3 years. Even subsequent to the stimulus package, we expect this program to continue.
Over the longer term, management will look into other feasible, promising industries such as aviation to continue its growth.
Progress on the installation of 4th and 5th extrusion lines
We now expect the 4th and 5th extrusion lines to come on stream by 2Q09 and 4Q09, earlier than our earlier estimates.
Our model factors in Midas winning a 50%-60% market share of the upcoming round of orders, which is twice the size of the first round. This will already keep all its five extrusion lines busy at about 75% utilisation.
Much more tracks to run
We adjust our earnings to take into account higher effective capacity in FY10 and higher tax rates in FY11.
We now peg our target price to 20X FY10E.
We believe the Chinese rail industry is still at its early-mid cycle.
With the Ministry of Railway due to announce the 2nd round of high-speed train orders, we expect orders to flow down to Midas within 3-4 months |
|
lucky to sell at 98cts if not...that time all analysts tipped it to hit $1.18..lucky not greedy...remember someone in this forum bought a lot and strongly recommend hold..wonder if he is still holding
No . because they made a sell call when midas was at 35 2 months ago before it moves up. now they are giving it a buy call with TP of 52. what a joke.
ssseeel ( Date: 02-Mar-2012 17:59) Posted:
| different firm different call. cimb buy call target 52c. anyway, can trust all this so called analyst?
|
|
From 5.53 % To 4.37 %... Why are they, BBs selling...?.
Date of change of interest: 13-02-2012
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/7085D9F5B5739038482579A5001303E3?opendocument
Deemed interests arising by virtue of (a) UBS AG having an interest, or (b) Section 7(4) or 7(4A) of the Companies Act in shares over which subsidiaries/affiliates of UBS AG have an interest, by reason of the ability to exercise voting discretion and to acquire/dispose of shares.
Footnotes: 1. The percentages of issued share capital are calculated based on 1,217,617,800 issued voting shares (excluding 1,000,000 treasury shares).
2. This announcement will be released on the website of The Stock Exchange of Hong Kong Limited as an Overseas Regulatory Announcement pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
teeth53 ( Date: 16-Feb-2012 20:32) Posted:
|
