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Did you read this?
Sgshares ( Date: 20-Oct-2011 20:50) Posted:
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Anyone think this stock might hit $0.57cents anytime soon? That's all I'll need for it to hit so I don't lose a cent.. :(
Look like coming Monday morning, tis stk is to be lov by many, to be again sell into strength after rising.
Happy trading and take care.
Sgshares ( Date: 21-Oct-2011 10:05) Posted:
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I did that long ago. This counter is more " controlled" than Noble counter.
Joe2020 ( Date: 21-Oct-2011 12:05) Posted:
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4 Easy Step to handle MIDAS
Honestly I only make money from outside sg, because of some funny market system and high brokerages here.
Laulan ( Date: 21-Oct-2011 10:23) Posted:
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How to generate income from stocks? Very difficult. I cannot break the code.
JustinQuek ( Date: 20-Oct-2011 21:17) Posted:
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Take turns.... Cannot give her attention always... others will be jealous... Need to pacify others first... lol
This counter is not attractive today...not many players love her...
Govt spending will help stocks to rise. RISE RISE RISE. lol lmao who cares about this Midas . Trading other stocks help generate more income than this bugger left as residue in my portfolio
MIDAS
S$0.40-MIDS.SI
The Associated Press reported that China’s rail and road building boom is running short of cash and some projects have been suspended as workers and suppliers go unpaid. Many of the 6mln migrant
workers employed in China’s railway construction have not been paid for months with some 10,000km
of projects halted due to a lack of money.
According to My Wang Mengshu, a member of the Chinese Academy of Engineering, contractors also
owe huge sums of money to cement and steel suppliers. Last month, spending on railway
construction fell 19% yoy due to the suspension or delays in railway projects following a high speed train crash in July’11 and a metro train crash in Sept ’11.
China’s well-known financial magazine Caijing recently reported that railway and highway construction
projects face pressure to repay loans to banks that they would normally expect to roll over as banks
tighten lending in China.
The above suggests that investors should not attempt to bottom-fish yet, notwithstanding its depressed
share price.
Having mentioned it. Once below < 5% for JP held shr. Price may fall cheap, cheap can become cheaper and JP may again start buying, to average their losses.
It is more becoming a more volatile play, Good for short term oni. Trade with care.
Learn to respect the mkt. " don't learn through life, learn to grow with life "
teeth53 ( Date: 20-Oct-2011 20:18) Posted:
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SGshares wrote: This news is not good
101% - confirmed. Pls do ur homework and don expect much up side, OVER SHORT TERM.
Substantally: It will become into volatile play, with BBs support trade prices.
JP Morgan remain a substantial Share Holder with 6.60%. when JP share held and it hit below 5%. JP don hav to make further announcement.
Just sharing my trade experience. Sell into strength and on regional good news, Trade with care.
Laulan ( Date: 20-Oct-2011 11:31) Posted:
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This news is not good
teeth53 ( Date: 20-Oct-2011 19:58) Posted:
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http://info.sgx.com/webcorannc.nsf/AnnouncementToday/F727A1DF7C849E404825792F002F8DE8?opendocument (Sale of shares)
Dated OCT 19. Today SGX Announcement no 64: JP Morgan Asset Management SOLD 5 million shares.
Shares held B4 7.01% or 85,400,000 shr. Shares held after 80,400,000 shr.
http://sg.finance.yahoo.com/q/hp?s=5EN.SI (Deal done on Oct 19 (Wed)
| 19 Oct 2011 | Open-0.41 | High-0.41 | low-0.40 | Closed-0.40 | Volume - 35,121,000 | Adj- Close-0.40 |
New123 ( Date: 20-Oct-2011 11:15) Posted:
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How's your minah? doing ok?
Sgshares ( Date: 20-Oct-2011 15:05) Posted:
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yes.
Isolator ( Date: 20-Oct-2011 14:22) Posted:
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Always take some profit.... lol
all the way......lol down
Isolator ( Date: 20-Oct-2011 14:07) Posted:
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