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Midas

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teeth53
    26-Feb-2012 10:41  
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A chance for players to  sell into strength, assuming it beyond 0.42 cts

http://sg.finance.yahoo.com/q/ta?s=5EN.SI& t=6m& l=on& z=l& q=l& p=& a=m26-12-9& c=

moneycow      ( Date: 23-Feb-2012 13:00) Posted:



Could there be something they know and the public doesn't ?

Like perhaps the major shareholders wants report and clarification which the company refuses?

so they are suspicious and took their money off them ?

Why majority holders keep selling off their share in the open market at lower ?

There must be hint that - perhaps accounting flaws or doubts ?

Worrying...........trend...many other stocks have flew up a lot and this one fall and never get up.....most others up at least 30-50% up back after july/august where greece problem hoover overhead...

 
 
jamesng
    26-Feb-2012 09:47  
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S chip, I think Ying li is the best with RNAV around 87 cents compared to current price.....Chongqing and chengdu which is in sichuan is growing at a rate twice of china gdp which their properties will apprecaite in tines to come since they are currently tier 2 or 3........

What is Midas PE and order book currently? It seems to me that as and when there are accidents in china involving trains, this guy will be sold off.....not too sure, but correct me if I am wrong.....
 
 
Tomique
    26-Feb-2012 07:41  
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Checking and comparing prices and charts..Midas and Golden Agri used to be moving almost same prices mid-last year.

Now it is no longer at par prices, but about 30 cts off.   Thus if market is improving, Midas share price has much to pick up. Can't imagine it to shoot up to 75 cents now (GAR price), but I think it would try to break up above 40 cts next week.
 

 
hongche
    24-Feb-2012 14:29  
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Fill Form & Get Live Stock Picks, Online Stock Recommendation & Free Stock Picks - Online Share Prices
 
 
hlfoo2010
    24-Feb-2012 14:23  
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I think this train  soon will steam up again.  
 
 
Howe123
    23-Feb-2012 16:45  
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My aunt should be type she and not he, typo.

BTW, my aunt she also bought ipo of  Pfood , all these years pay dividends and even during 2009 STI low of 1420 in March, Pfood is still way above her buy price of ipo price 45 cts,

she  sold 20 lots at $1.20 in 2002, now left 8 lots for long-term, these 28 lots she got at ipo 45 cts

Howe123      ( Date: 23-Feb-2012 16:34) Posted:



any real eg, My chinese-educated single aunt he MOST PROFITABLE investment in her 2 decades of stock investment is COSCO which she bought at 24-26 cts in 2002 against the instructions of her young english-educated ex-broker who called her foolish to invest in china share.She sold off at $5 in 2007,

Many PRC-haters liars morons always grossly exacerbate this Cosco example to lie got pple buy at $8 and hold till 60 cts. They crazy ! Where gor pple sooo stupid to buy a stock at $8 which ipoed at below 50 cts and hold all the wayfrom $8   till 60 cts.

These PRC-haters  might as well  also bluff they   got  relatives so stupid to go buy Creative at $60 , CSM at $19 and DBS at $28 AND DIE DIE hold till forever

 

 
Howe123
    23-Feb-2012 16:34  
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any real eg, My chinese-educated single aunt he MOST PROFITABLE investment in her 2 decades of stock investment is COSCO which she bought at 24-26 cts in 2002 against the instructions of her young english-educated ex-broker who called her foolish to invest in china share.She sold off at $5 in 2007,

Many PRC-haters liars morons always grossly exacerbate this Cosco example to lie got pple buy at $8 and hold till 60 cts. They crazy ! Where gor pple sooo stupid to buy a stock at $8 which ipoed at below 50 cts and hold all the wayfrom $8   till 60 cts.

These PRC-haters  might as well  also bluff they   got  relatives so stupid to go buy Creative at $60 , CSM at $19 and DBS at $28 AND DIE DIE hold till forever
 
 
settowin
    23-Feb-2012 14:14  
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Fundamentals can change, and they really do change.  Midas is not really that bad.  It is some digruntled people secretly bad mouthing it after the China train crash and corruption thing, which really have nothing to do with Midas as it is never involved. 

Midas has really disappointed RichTan several times, hahaha.
 
 
Howe123
    23-Feb-2012 13:43  
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aiya, last dec former SSH  ABERDEEN also sold down its holdings to below 5 % in Yanlord in open market, that time yanlord shares 1.07-1.03, many forumners espcially PRC-haters came out in FULL FORCE to post gongkias sporeans kenna conned by the 3 tycoons  and the CEO  to buy yanlord at 1.10ISH, these China-haters also said sure Yanlord this s-chip sure will have problem or esle why Aberdeen sold its stake to below 5 % suddenly........

Looks like now proven these PRC-haters forumners are the real gongkias, becos yanlord now 1.46!
 
 
settowin
    23-Feb-2012 13:14  
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Question directors often when you all attend any AGM, don't stick forever to be a timid Singaporean shareholder. Any company that tells a lie, take class action against it.  This never happen in Singapore, but is common overseas.  Despite top leaders teaching all to sue any body whom one think wronged, nobody (shareholder) has learned anything. Aiya...
 

 
teeth53
    23-Feb-2012 13:06  
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Straits Time paper got mentioned China super train, their seat is super expensive and oso their tiolet sos...
 
 
moneycow
    23-Feb-2012 13:00  
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Could there be something they know and the public doesn't ?

Like perhaps the major shareholders wants report and clarification which the company refuses?

so they are suspicious and took their money off them ?

Why majority holders keep selling off their share in the open market at lower ?

There must be hint that - perhaps accounting flaws or doubts ?

Worrying...........trend...many other stocks have flew up a lot and this one fall and never get up.....most others up at least 30-50% up back after july/august where greece problem hoover overhead...
 
 
teeth53
    23-Feb-2012 12:32  
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Can buy, but buy at lower price. ? is how lower??, go chk it out. Is ur money, ur decision.

Tomique      ( Date: 17-Feb-2012 07:38) Posted:



Midas can buy?

 
 
settowin
    23-Feb-2012 11:07  
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Midas has been a nightmare for many.  Always downtrend.  Shorting this counter can make some money if you keep shorts for long time.
 
 
Tomique
    17-Feb-2012 07:38  
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Midas can buy?
 

 
teeth53
    16-Feb-2012 20:32  
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http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/A6A9FEF7FCE385D7482579A30030DCD9?opendocument

Notice date 13-02-2012  - JPMorgan Chase & Co. and its affiliates

09-02-2012.  From 5.72 % To 4.69 % Sales in Open Market at Own Discretion and

http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/960833E3DCC4DD6B482579A30031E26D?opendocument

Notice date 13-02-2012 - JPMorgan  Asset mgt...

09-02-2012. From 5.33 % To 4.37 % Sales in Open Market at Own Discretion

   
 
 
teeth53
    16-Feb-2012 20:26  
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JPMorgan and JPMorgan asset.....oso below 5%....humm.

100 MIDAS HLDGS LIMITED NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING Feb 13 2012 05:43:33 PM
97 MIDAS HLDGS LIMITED NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING Feb 13 2012 05:42:28 PM
 
 
spices
    16-Feb-2012 16:49  
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possible scenario....

teeth53      ( Date: 16-Feb-2012 15:46) Posted:



Date Transacted Feb 10, 2012. (Last Previous Friday) bought at 0.39 ts, then sold on Feb 13, 2012...?.

NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/7085D9F5B5739038482579A5001303E3?opendocument


 
 
teeth53
    16-Feb-2012 15:46  
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Date Transacted Feb 10, 2012. (Last Previous Friday) bought at 0.39 ts, then sold on Feb 13, 2012...?.

NOTICE OF CESSATION OF SUBSTANTIAL SHAREHOLDING
http://info.sgx.com/webcorannc.nsf/AnnouncementToday/7085D9F5B5739038482579A5001303E3?opendocument

 
 
spices
    16-Feb-2012 13:33  
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Just like to share that I found this in the Insider Trading today on Midas...

 
No. Date Date Company Name Relation Type Details Quantity Price
Announced Transacted Name
13 2/15/2012 2/10/2012 MIDAS HLDGS LIMITED UBS AG Substantial Shareholder Buy # Others 59,084,000 0.39

 

 

teeth53      ( Date: 15-Feb-2012 17:38) Posted:


 
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