
All the more that when the run starts, this baby is going gold.... And it may be today. DOW sees fours days up.
JustinQuek ( Date: 15-Sep-2011 21:50) Posted:
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Dow 11,370 +122.84 +1.09%, Germany - DAX is leading Euro +200pt or +3.8%  STI to test 2,800...

Central bank is printing money liao. STI to break out of 2,770...


Central Bank....Acted. " The governing council of the European Central Bank (ECB) has decided, in coordination with the Federal Reserve, the Bank of England, the Bank of Japan and the Swiss National Bank, to conduct three US dollar liquidity-providing operations with a maturity of approximately three months covering the end of the year," the ECB said in a statement.
JustinQuek ( Date: 15-Sep-2011 21:50) Posted:
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omg it did not rise for 3rd day in a row
NOTICE OF A DIRECTOR'S (INCLUDING A DIRECTOR WHO IS A SUBSTANTIAL SHAREHOLDER) INTEREST AND CHANGE IN INTEREST
Director. Mr Chen Wei Ping, bot 500,000 shr price at 0.415 or 0.04% and bring it stake  from 10.75%  to 10.79%
MIDAS | CPF | Op-0.430 | Cls-0.420 | 0.000 | 0.0 | Vol-5,430,000 | 724,000 | 0.420 | 0.425 | 203,000 | Hi-0.435 | Lo-0.420 |
Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
0.420 | 51 | 1,188,000 | 1,188,000 | 0 | 0 |
0.425 | 250 | 2,786,000 | 1,171,000 | 0 | 1,615,000 |
0.430 | 166 | 1,111,000 | 344,000 | 0 | 767,000 |
0.435 | 12 | 345,000 | 0 | 345,000 | 0 |
TOTAL | 479 | 5,430,000 | 2,703,000 | 345,000 | 2,382,000 |
Nothing wrong, mkt is turn more postive after those U.S. angmo rating agency hav their poo cleared.
MIDAS. Just awaiting to break new ground.
JustinQuek ( Date: 15-Sep-2011 02:08) Posted:
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lol whats wrong the pass few days still can drop price somemore when sti green. 
 
Today S& P already up 1.3 percent .Please dont down tmr lmao. 
Closed unchanged 0.420, as many 178 one loter is traded, out of 450 trade deal done. almost 40% one lot traded...? 
MIDAS | Op-0.425 | Cls-0.420 | 0.000 | 0.0 | Vol-3,546,000 | 524,000 | 0.420 | 0.430 | 662,000 | Hi-0.430 | Lo-0.415 |
Last | Trades | Volume | Bid Volume | Mid | Ask Volume |
0.415 | 24 | 77,000 | 77,000 | 0 | 0 |
0.420 | 282 | 1,857,000 | 816,000 | 37,000 | 1,004,000 |
0.425 | 143 | 1,611,000 | 348,000 | 0 | 1,263,000 |
0.430 | 1 | 1,000 | 0 | 0 | 1,000 |
TOTAL | 450 | 3,546,000 | 1,241,000 | 37,000 | 2,268,000 |
Following are a few EG.......
Time | Last | Volume | Bid/Ask |
17:05:02 | 0.420 | 3,000 | B |
17:05:02 | 0.420 | 1,000 | B |
17:05:02 | 0.420 | 1,000 | B |
17:05:02 | 0.420 | 3,000 | B |
17:05:02 | 0.420 | 6,000 | B |
17:05:02 | 0.420 | 10,000 | B |
17:05:02 | 0.420 | 17,000 | B |
17:05:02 | 0.420 | 3,000 | B |
17:05:02 | 0.420 | 30,000 | B |
17:05:02 | 0.420 | 5,000 | B |
16:58:50 | 0.425 | 10,000 | B |
16:58:48 | 0.430 | 1,000 | A |
Time | Last | Volume | Bid/Ask |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
11:12:07 | 0.420 | 1,000 | B |
 
 
teeth53 ( Date: 13-Sep-2011 20:59) Posted:
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Yup, they even tried to coverup the accident......
 
 
xing78 ( Date: 14-Sep-2011 15:25) Posted:
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It's old news and already taken in at these prices. Management has also come out to clarify that most of their projects are subway lines, which continues on as these are city transportation. Think we can see more upside for Midas.
New123 ( Date: 14-Sep-2011 16:53) Posted:
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The prices is already factored in all these bad news. Is a golden opportunity to pick up at current prices..
New123 ( Date: 14-Sep-2011 16:50) Posted:
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This is just temporary .. Things will kick-start again very soon. Railway is the main form of tptn for China...
xing78 ( Date: 14-Sep-2011 15:21) Posted:
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I read from some online news that... 
Corruption could be 1 of the reason on why the crash is not investigated thoroughly  with hard measures put in place after the crash. 
Andrew ( Date: 14-Sep-2011 15:16) Posted:
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You must be out of touch with what is happening in China.
All railway construction stopped immediately because money from government was put on-hold indefinitely.
 
New123 ( Date: 14-Sep-2011 11:02) Posted:
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Not at least for the next 5 years, as the recent crash is a design issue at the conceptual level.
Japanese and french took more than 2 decade to perfect the art before putting it into service.
The Chinese, being too greed too impetus, launch a service destine to fail with 5 years of R& D. They put profit ahead of safety.......
The reputation is dented.
New123 ( Date: 14-Sep-2011 11:02) Posted:
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Yup!Longer time  Midas will shine again as the train industry in China is  blooming and is speeding up for more railway construction projects...
Agreed, thus it is a matter of the last man standing who will make the money! Hahaha.
Midas has been paying dividends regularly for a long time already.  It pays quarterly, you know like DBS, every 3 months.
Laulan ( Date: 14-Sep-2011 10:30) Posted:
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Yes, also 0.5cts. Press release on 12 Aug 11.
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3MonthsByCompanyNameAndCategory/BC78F84F5D1BDAE3482578EA002076BA?opendocument
GuavaXF30 ( Date: 14-Sep-2011 09:14) Posted:
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Midas is a controlled stock.  You buy more, the price will come down, and you sell more the price will go up.  This paradox is  always happening for this counter. So sell off slowly and the price will slowly go up, if you want to recover some money.  Losing lesser is better off than stuck for long.  It is an anomaly, no doubt.  Sell off to buy other counter.

Announce is to attract buyer to the already dead still stock...After that when people keep buying, shot the Px down and money got stuck for few months. Company then use the money to put in bank and collect interest. Then use the interest to pay peanuts back to shareholders....On the retail shareholders side,, their 10 over thousand dollars now becomes paper loss but after company give them some sweets worth 0.002 cents per share one time tier hehehehe the forget their losses and said ho seyyyy...got dividend
Mida will not go above 0.425 today and will close lower
JustinQuek ( Date: 14-Sep-2011 00:06) Posted:
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I think should be hearing from them soon.. They still have cash-on-hand of RMB887.49M.
EdwardLiu ( Date: 14-Sep-2011 08:50) Posted:
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