
For this counter dont buy or sell first dont invite uncessary nightmare and anguish....the best thing to do is RUN RUN RUN hehehe
hotokee ( Date: 08-Sep-2011 10:44) Posted:
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Don't buy first.  Always sell first.  Put fear into yourself trading the Singapore market.  This is the surest way to bet or inverse investment.
Oh oh. Looks like dropping now.... Can buy back at 0.41/0.415 I think.
GuavaXF30 ( Date: 08-Sep-2011 10:00) Posted:
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I took profit at 0.44. Waited at 0.445 but gave up when I saw sellers come out. Sg movement not convincing. Those waiting for DOW to run up tonight may be dissappointed. Can always buy back later.
Sgshares ( Date: 08-Sep-2011 09:26) Posted:
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It is forming the shooting star with black candle..
still q for $0.44?
JustinQuek ( Date: 08-Sep-2011 02:31) Posted:
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do you think you still got chance to get it? today sure gap up...
JustinQuek ( Date: 08-Sep-2011 02:31) Posted:
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a while ago i set buy trade for midas tomorrow @0.44 cents. 12 lots. hope can get in.
On Wednesday, Midas trend upwards and closed at $0.445 with LOW volume of 11.41 million shares traded.
Three white candles occurred in the last three days. Although these candles were not big enough to create three white soldiers, the steady upward pattern is bullish.
Both RSI & MACD are turning flat as RSI trend sideways.
Important Resistance of Midas: $0.48
Immediate Support of Midas: $0.38
Currently prices are supported by 20 days MA.
For the past 5 trading sessions............... READ MORE
 
still can move up.
http://www.tradestockdiary.blogspot.com
http://www.holistichealingnatural.blogspot.com
teeth53 thot: MIDAS is trading at about 22% lower then  beginning...1st Aug.
1 Aug 2011 | Opened - 0.58 | High - 0.58 | Low - 0.57 | Closed - 0.57 | Vol-23,356,000 | Last done - 0.57 |
Posted - 01-Sep-11. JP Morgan histroical prices, wk B4 announcement No. 137. Let see how BBs will be game enuf to play out over next 1-2 wks.
(Date: 01-Sep-2011 21:01)
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Jimmytai ( Date: 07-Sep-2011 18:30) Posted:
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It is easier to profit from shorts trade since market has been on a long term down-trend since the start of 2011.
1 day of down ticks can easily erase 1 week of up ticks.
 
Joe2020 ( Date: 07-Sep-2011 21:53) Posted:
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Isit due to Obama going to announcing US$300 billion dollar job creation?. 
+0.035c more or almost +8% to test 48c,  more likely tomoro tip toe  to 0.475,  and test, test 0.500  on Friday, guess oni hohh...today players test, test water at 0.450c, guess tomorro MIDAS  gap up on opening @0.455.
MIDAS | CPF | Op-0.430 | Cls-0.445 | +0.015c | +3.5% | Vol-11,411,000 | 557,000 | 0.440 | 0.445 | 91,000 | Hi-0.450 | Lo-0.430 |
stockwinner ( Date: 07-Sep-2011 17:28) Posted:
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I made some profit with midas but never in long position ...it is always a short position..LoL....tomorrow good to short at its peak...
xing78 ( Date: 07-Sep-2011 21:34) Posted:
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When most of the people see and feel the same way, it is time to consider to go in the opposite direction.
Good Luck :p 
MIDAS |
CPF | Op-0.430 | Cls-0.445 | +0.015C | +3.5% | Vol-11,411,000 | 557,000 | 0.440 | 0.445 | 91,000 | Hi-0.450 | Lo-0.430 |
what has it got to do with U.S?. There is more business oppotunities in China then in U.S. for MIDAS Holdings
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_4DE4B9DF68E92537482578E8003B673F/$file/Midas-KunmingGuangzhouContractWins-NR.pdf?openelement
NEWS RELEASE - MIDAS SECURES TWO METRO CONTRACTS WORTH RMB95 MILLION
i) Expands market reach to Kunming with contract worth RMB33m to supply 120 train cars for Kunming Metro
ii) Second contract worth RMB62m to supply 192 train cars for Guangzhou Metro Lines 1, 2 and 8
Mr Patrick Chew (周 华 光 ), CEO of Midas, said, “We are delighted to have secured two metro projects from CSR Zhuzhou Electric Locomotive Co., Ltd. The latest wins underscore the Grp’s proven track record and the quality of our products and services.”
“Kunming Metro project also marks the Grp’s foray into Kunming, one of the largest cities in China without an existing metro system. We remain positive about the market opportunities for metro systems in China as cities turn to metro systems to meet its public transportation needs. Moving forward, we will continue to seek new opportunities to strengthen our market position,” Mr Chew added.
The two contracts, expected to contribute positively to the Grp’s financials btw the financial years ending Dec 31, 2011 to 2013.
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_304885D934347091482578DB003A4DCA/$file/NPRTNanjingR-FinalJul2811-SG.pdf?openelement
NEWS RELEASE - MIDAS’ JV CO (Midas has a 32.5% equity stake in NPRT). NANJING SR PUZHEN Rail Transpot Secures. Two Metro Contracts Totalling RMB3.13 Billion.
NPRT is one of the four Licensed Metro Manufacturers licensed to undertake metro train projects on a nationwide basis in the PRC.
- First contract worth RMB2.15 billion to supply 276 train cars for the Nanjing Metro Line 3 Project
- Second contract worth RMB0.98 billion to supply 126 train cars for the Nanjing Metro Line 10 Project.
These two contracts, therefore expected to have a positive impact on the Grp’s financial results for the financial years ending 2013 to 2015.
Midas is one of six companies, and the only aluminium alloy extrusion products manufacturer, in Asia to be included in Forbes Asia’s “Best Under A Billion” list for four consecutive years from 2006 to 2009. The Company was also awarded the “Best Investor Relations Award (Gold)” at the Singapore Corporate Awards 2010 in the “S$300 million to less than S$1 billion market capitalisation” category. As testament to its strong brand name and reputation in the PRC, Midas was conferred the prestigious “China Well-Known Trademark” (“ 中 国 驰 名 商 标 ”) by the Trademark Office of the State Admin for Industry & Commerce of the PRC (“中 国 国 家 工 商 行 政 管 理 总 局 商 标 局 ”) (“SAIC”) in 2011.
If you have a longer horizon  and have patience with current low mkt sentiment. I think Midas will be able to  rise above  70 cents. Train futures will be the main thing/ growth for China in time to come...
   
Jimmytai ( Date: 07-Sep-2011 18:30) Posted:
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dont know why but i have this feeling this midas train is packing up with loads and loads of people and once the door closes..its going to zoom all the way to the top...CHOOT CHOOT!!
If tomorrow break 0.48 with high volume.... then huat ar........

New123 ( Date: 07-Sep-2011 16:36) Posted:
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Won't be at all surprised. This is a 0.80 stock. 
New123 ( Date: 07-Sep-2011 16:36) Posted:
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