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4341-4360 of 10484
It may go up to test 48 cents...
teeth53 thot: Mon STI look to Nikkei to give Japan new PM a big boost and follow Hand Seng faithfully. STI fall can be a gain for bargain hunters.
http://www.channelnewsasia.com/stories/afp_asiapacific/view/1151007/1/.html
Posted: 04-Sep-11 1322 hrs. Japan's new leadership wins polls backing...
TOKYO: Japan's new prime minister Yoshihiko Noda and his cabinet on Sunday won solid backing in opinion polls, with respondents expressing confidence in his ability to lead the post-quake recovery.
Announcement no 166:
Midas has a strategic 32.5% stake investment in Nanjing SR Puzhen Rail Transport Co., Ltd (南 京 南 车 浦 镇 城 轨 车 辆 有 限 责 任 公 司 ) (“NPRT”), an associate Co engaged in the development, manufacturing and sale of metro trains, bogies and their related parts. NPRT is one of the four Licensed Metro Manufacturers licensed to undertake metro train projects on a nationwide basis in the PRC.
In recognition of its consistent growth and profitability, Midas is one of only six companies, and the only aluminium alloy extrusion products mfg, in Asia to be included in Forbes Asia’s “Best Under A Billion” list for four consecutive years from 2006 to 2009.
Midas has built an established track record in supplying to the PRC passenger rail transportation sector, which includes participation in landmark contracts such as trains for the Beijing-Tianjin High Speed Train Project, and intercity high speed trains for the CRH3-380 Project. Midas’ customers include domestic PRC licensed train manufacturers from China South Locomotive & Rolling StockCorporation Limited (中 国 南 车 股 份 有 限 公 司 ) (“CSR”) and China CNR Corporation Limited (中 国 北 车 股 份 有 限 公 司 ) (“CNR”), as well as international customers such asAlstom Transport (“Alstom”), Siemens AG (“Siemens”) and Bombardier Transportation.
teeth53 thot: It the West in trouble, like Euro and not East, those angmo got themself shot @...X_X. On a positive note: It now East time for S-chip turn to HUAT...ARHH. MIDAS, over time can benefit on China transport system as it transport system have not reach where it is been over develop - MIDAS now appearing closer to hit a billion .
Monday STI look to Nikkei to give Japan new PM a big boost and follow Hand Seng faithfully. STI fall can be a gain for bargain hunters.
Looking at most stocks, locally and globally, they are at the year's bottom and some making new lows. A spring up is waiting around the corner for global stocks. August stagnant job data will give incentives for the US to come up with growth measures to prevent further down-sliding of the economy. More jobs can only be created with economy getting better than getting worse.
Midas will see its share price moving upwards towards the end of the year, I think. China's determination to have more investments in the transport system can help give more contracts to Midas. I will give a rather high target price, " paiseh" to mention, hahaha.
Yup, at oneself own risk as well (no risk, no gain). Following boss direction (Exe-Dir and CEO) over mid term for me. Short term when read into it, too much, it can get alittle confuse, fussy, volatile and directionless.:))
New123 ( Date: 03-Sep-2011 20:36) Posted:
| Short term prices will be affected by mkt down/sentiment. Long term Midas might be able to see above 70 cents...Invest base on your own strategy. Good Luck! |
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Short term prices will be affected by mkt down/sentiment. Long term Midas might be able to see above 70 cents...Invest base on your own strategy. Good Luck!
Announcement 193. MISCELLANEOUS :: NEWS RELEASE - MIDAS SECURES TWO METRO CONTRACTS WORTH RMB95 MILLION
Kunming Metro Project, is expected to contribute positively to the Grp’s financials btw financial years ending Dec 31, 2011 to 2013.
Announcement 166. MISCELLANEOUS :: NEWS RELEASE - MIDAS' JV COMPANY NANJING SR PUZHEN RAIL TRANSPORT SECURES TWO METRO CONTRACTS TOTALLING RMB3.13 BILLION
MIDAS’ JV CO (MIDAS has 32.5% equity stake in NPRT). NANJING SR PUZHEN Rail Transport. is expected to have a positive impact on the Grp’s financial results for the financial years ending 2013 to 2015.
Mr Patrick Chew (周 华 光 ), CEO of Midas, said.
teeth53 ( Date: 03-Sep-2011 09:29) Posted:
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Why Exe Director loaded up more share..?. A forumer enquiry.
why...huhh..?. Basically is for mid to long term investment as it sounded, it good time to add another 500 lots, opportunity to buy into weakness.
This are a very good opportunity don come very often as Executive Director cun CEO, they has vested interest in owning more share.
http://info.sgx.com/webcorannc.nsf/AnnouncementLast3Months/227AA59363099721482578ED000F6CCF?opendocument
MIDAS
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CPF |
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Op-0.445 |
Cls-0.440 |
-0.010 |
-2.2% |
Vol-8,728,000 |
133,000 |
0.435 |
0.440 |
132,000 |
406 lots were bot up (A) after trading hours
SGX buyin today. Friday. 2-Sep-11. MIDAS HLDGS 62,000 S$ 28,520.00, on average 0.460 cents.
Trade Summary - sign of mkt confident after it hit a low, as 36.45% bot (A) by punters after trading is closed.
Bid (B) : volume done at buyer's price.
Ask (A) : volume done at seller's price.
teeth53 thot, just sharing and posting info for would be Investors / Players and Punters. Happy trading. :))
wah...Midas going into buz of making aircraft body structure liao huh? how come Tiger SIA here and there? :P
oops sorry, the post was meant for tiger air thread not MIDAS.
SIA shud sell off this beggar tiger,,,jia liao bi, struggling so hard for so long, and pulling down SIA.
think so..
Joe2020 ( Date: 02-Sep-2011 14:49) Posted:
JUNWEI9756 ( Date: 02-Sep-2011 12:53) Posted:
| But Tigerair has already dropped 30% due to that.. dont think it will go down further. |
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JUNWEI9756 ( Date: 02-Sep-2011 12:53) Posted:
But Tigerair has already dropped 30% due to that.. dont think it will go down further..
xing78 ( Date: 02-Sep-2011 12:51) Posted:
1. Tiger will be making a significant loss in this fiscal year due to the grounding orders in Australia previosuly.
2. The recent rights issue.
Above 2 items is already factored into the price.
What is not factored in fully will be the movement of Crude Oil when it hits above $100 which is a real possibility when QE3 comes into the equation.
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tiger that stays green while rest stay red. anyth is possible right now. haha
As the saying goes…
Those who say that they are poor are the richest...
Those who say that they are dying will be the last man standing...
Heck care the fundamentals and prospects.. When it times to soar, it will
xing78 ( Date: 02-Sep-2011 13:08) Posted:
I would rather long Air Asia as compared to Tiger at anytime.
It will take a long time before Tiger returns to profit.
:p
JUNWEI9756 ( Date: 02-Sep-2011 12:53) Posted:
| But Tigerair has already dropped 30% due to that.. dont think it will go down further. |
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I would rather long Air Asia as compared to Tiger at anytime.
It will take a long time before Tiger returns to profit.
:p
JUNWEI9756 ( Date: 02-Sep-2011 12:53) Posted:
But Tigerair has already dropped 30% due to that.. dont think it will go down further..
xing78 ( Date: 02-Sep-2011 12:51) Posted:
1. Tiger will be making a significant loss in this fiscal year due to the grounding orders in Australia previosuly.
2. The recent rights issue.
Above 2 items is already factored into the price.
What is not factored in fully will be the movement of Crude Oil when it hits above $100 which is a real possibility when QE3 comes into the equation.
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But Tigerair has already dropped 30% due to that.. dont think it will go down further..
xing78 ( Date: 02-Sep-2011 12:51) Posted:
1. Tiger will be making a significant loss in this fiscal year due to the grounding orders in Australia previosuly.
2. The recent rights issue.
Above 2 items is already factored into the price.
What is not factored in fully will be the movement of Crude Oil when it hits above $100 which is a real possibility when QE3 comes into the equation.
JUNWEI9756 ( Date: 02-Sep-2011 12:35) Posted:
| i think 90 cents is already cheap enough. haha |
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1. Tiger will be making a significant loss in this fiscal year due to the grounding orders in Australia previosuly.
2. The recent rights issue.
Above 2 items is already factored into the price.
What is not factored in fully will be the movement of Crude Oil when it hits above $100 which is a real possibility when QE3 comes into the equation.
JUNWEI9756 ( Date: 02-Sep-2011 12:35) Posted:
i think 90 cents is already cheap enough. haha.
xing78 ( Date: 02-Sep-2011 12:33) Posted:
70-80 cents may come true in my opinion within the end of 2011.
50 cents may be a tad too bearish but you never know.
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i think 90 cents is already cheap enough. haha.
xing78 ( Date: 02-Sep-2011 12:33) Posted:
70-80 cents may come true in my opinion within the end of 2011.
50 cents may be a tad too bearish but you never know.
JUNWEI9756 ( Date: 02-Sep-2011 12:19) Posted:
That is why i don't follow..
TigerAir's target price $0.50.. u think it will come true ?? lol. i doubt so..
i love it when broker's recommend sell call.. i will buy instead.. haha |
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Buying-InExecutedon02September2011.pdf