Post Reply
4481-4500 of 10484
Dont fear if want to play stock.
How much are you picking
New123 ( Date: 17-Aug-2011 22:15) Posted:
When people is fearful/doubtful this is the good time to buy. All the bad news has already factored/disounted the current share prices. Soon you will see it going up...
JustinQuek ( Date: 17-Aug-2011 21:28) Posted:
lol i am reading so much on Midas every news everyday that i can take an exam paper consisting of midas financials and score with good grades.Alright i give up dollar averaging. Perhaps i am going to control myself to not see this news for the next week.
Another Set of 2 cents worth
In terms of RSI-Severely Oversold
MACD - Point out to BAD trend ( i am afraid of this trend thing) If it doesnt hit above the 0.43 resistance thing and above.Its kinda Really BAD BAD news. That means bleeding begins again .
NAV-Under NAV of 0.46
My hopes
The railway industry is bleeding each day contracts are not given out. No news is Bad News now.Apparently for Midas i wonder 1. something billion of back orders is just worth less than 200 m of revnue SGD in total .Even more worst when you consider this back orders stretch out far beyond 2011. That means when AUG the new production line comes out? what to produce? off day for workers is it, only hope is that the billions of dollars secured by NPRT. HOpefully NPRT gives little brother some contracts from their big order book. Whoever announce to stop railway contracts seriously whack this stock price jia lat jia lat.Yes railways are dangerous, lets stop all railways close down all roads and expressways.
Insider trading-Well lol sucks to be on the same boat with the directors buying at their prices. I think they are dollar averaging as well lol. Lol my recommendation is please while Midas is still ok please sell this bugger to some bigger national company that is willing to pay a premium to watever you have build.60 cents would be good. That way we all win .
|
|
|
|
Let us sell down this counter until it drops to Sunmoon Px....
knightrider ( Date: 19-Aug-2011 15:56) Posted:
|
Cry also no tears !!!
EdwardLiu ( Date: 17-Aug-2011 17:37) Posted:
| Lost patience with this burger already. |
|
bro... you still hold a lot ???
If today can't hold at 0.40... more down side to see...
Anyway... good luck...
New123 ( Date: 17-Aug-2011 22:15) Posted:
When people is fearful/doubtful this is the good time to buy. All the bad news has already factored/disounted the current share prices. Soon you will see it going up...
JustinQuek ( Date: 17-Aug-2011 21:28) Posted:
lol i am reading so much on Midas every news everyday that i can take an exam paper consisting of midas financials and score with good grades.Alright i give up dollar averaging. Perhaps i am going to control myself to not see this news for the next week.
Another Set of 2 cents worth
In terms of RSI-Severely Oversold
MACD - Point out to BAD trend ( i am afraid of this trend thing) If it doesnt hit above the 0.43 resistance thing and above.Its kinda Really BAD BAD news. That means bleeding begins again .
NAV-Under NAV of 0.46
My hopes
The railway industry is bleeding each day contracts are not given out. No news is Bad News now.Apparently for Midas i wonder 1. something billion of back orders is just worth less than 200 m of revnue SGD in total .Even more worst when you consider this back orders stretch out far beyond 2011. That means when AUG the new production line comes out? what to produce? off day for workers is it, only hope is that the billions of dollars secured by NPRT. HOpefully NPRT gives little brother some contracts from their big order book. Whoever announce to stop railway contracts seriously whack this stock price jia lat jia lat.Yes railways are dangerous, lets stop all railways close down all roads and expressways.
Insider trading-Well lol sucks to be on the same boat with the directors buying at their prices. I think they are dollar averaging as well lol. Lol my recommendation is please while Midas is still ok please sell this bugger to some bigger national company that is willing to pay a premium to watever you have build.60 cents would be good. That way we all win .
|
|
|
|
When people is fearful/doubtful this is the good time to buy. All the bad news has already factored/disounted the current share prices. Soon you will see it going up...
JustinQuek ( Date: 17-Aug-2011 21:28) Posted:
lol i am reading so much on Midas every news everyday that i can take an exam paper consisting of midas financials and score with good grades.Alright i give up dollar averaging. Perhaps i am going to control myself to not see this news for the next week.
Another Set of 2 cents worth
In terms of RSI-Severely Oversold
MACD - Point out to BAD trend ( i am afraid of this trend thing) If it doesnt hit above the 0.43 resistance thing and above.Its kinda Really BAD BAD news. That means bleeding begins again .
NAV-Under NAV of 0.46
My hopes
The railway industry is bleeding each day contracts are not given out. No news is Bad News now.Apparently for Midas i wonder 1. something billion of back orders is just worth less than 200 m of revnue SGD in total .Even more worst when you consider this back orders stretch out far beyond 2011. That means when AUG the new production line comes out? what to produce? off day for workers is it, only hope is that the billions of dollars secured by NPRT. HOpefully NPRT gives little brother some contracts from their big order book. Whoever announce to stop railway contracts seriously whack this stock price jia lat jia lat.Yes railways are dangerous, lets stop all railways close down all roads and expressways.
Insider trading-Well lol sucks to be on the same boat with the directors buying at their prices. I think they are dollar averaging as well lol. Lol my recommendation is please while Midas is still ok please sell this bugger to some bigger national company that is willing to pay a premium to watever you have build.60 cents would be good. That way we all win .
|
|
lol i am reading so much on Midas every news everyday that i can take an exam paper consisting of midas financials and score with good grades.Alright i give up dollar averaging. Perhaps i am going to control myself to not see this news for the next week.
Another Set of 2 cents worth
In terms of RSI-Severely Oversold
MACD - Point out to BAD trend ( i am afraid of this trend thing) If it doesnt hit above the 0.43 resistance thing and above.Its kinda Really BAD BAD news. That means bleeding begins again .
NAV-Under NAV of 0.46
My hopes
The railway industry is bleeding each day contracts are not given out. No news is Bad News now.Apparently for Midas i wonder 1. something billion of back orders is just worth less than 200 m of revnue SGD in total .Even more worst when you consider this back orders stretch out far beyond 2011. That means when AUG the new production line comes out? what to produce? off day for workers is it, only hope is that the billions of dollars secured by NPRT. HOpefully NPRT gives little brother some contracts from their big order book. Whoever announce to stop railway contracts seriously whack this stock price jia lat jia lat.Yes railways are dangerous, lets stop all railways close down all roads and expressways.
Insider trading-Well lol sucks to be on the same boat with the directors buying at their prices. I think they are dollar averaging as well lol. Lol my recommendation is please while Midas is still ok please sell this bugger to some bigger national company that is willing to pay a premium to watever you have build.60 cents would be good. That way we all win .
Started in Aug. Be patience and soon you will see it bounces up to 45 cents and above.
JustinQuek ( Date: 17-Aug-2011 17:49) Posted:
| wondering when all those production investments will start |
|
wondering when all those production investments will start
Lost patience with this burger already.
this is the most noob stock ever .Lol can drop cant rise maybe going be a horizontal line at 40 cents.When S and P down this one sure down.When bad news sure down.When goods news still stuck .want buy more also scared to buy at this stage. my analysis is that midas wont drop below 14 cents due to its cash backing per share .
ok lah, Q to sell at loss $0.420.
Midas earning's are positive, fundamentals are good with quite a few contract wins announced already.
But all these are still not reflected in the counter's price after earning release.
It should be wiser to park your money elsewhere in my opinion instead of getting stuck here.
derekchong ( Date: 17-Aug-2011 16:24) Posted:
| no fear, no fear, $0.41 still very strong support. |
|
no fear, no fear, $0.41 still very strong support.
I cant help to say that Midas Is Cheap at current prices.Think Aug got increased production right?
It is good that they posted from other sources to be criticed by sharejunction forumers so that newbies and busy pple can learn from the critics.
It amazed me that there are so many people posting articles from newspaper and magazines to justify their wrong entry is correct.
If the newspaper and magazines analyst's reports are so accurate, there should be more people making money than losing money. Since, all you have to do is just follow what they said and there are so many people reading them. But in reality, it's the opposite.
In fact, I think you would make more money if you follow the opposite of what the analysts reported.
MIDAS is a down trending stock and it would continue to move downwards. Sell is the right thing to do. I don't think this bugger is going up anytime soon.
New123 ( Date: 17-Aug-2011 12:00) Posted:
|
Midas Holdings
(S$0.41) | Outperform
Credit Suisse keeps Outperform rating cuts target to S$0.70 from S$1.20. House says the company’s
Q2 results were largely in line and that it expects a stronger H2, with contribution from new capacity.
Target was cut in line with P/E multiple compression of peers. It notes Midas trades at historical lows of
5X FY11 P/E on concerns over the sector’s growth outlook. “However,the significant upside and strong
earnings outlook into FY12 means we stay at Outperform.”
quote - Today paper |
|
Its NAV of S$0.46 + cash-on hand of RMB887m + many contracts already secured. I am holding this counter for Long term .
New123 ( Date: 17-Aug-2011 12:00) Posted:
|
Midas Holdings
(S$0.41) | Outperform
Credit Suisse keeps Outperform rating cuts target to S$0.70 from S$1.20. House says the company’s
Q2 results were largely in line and that it expects a stronger H2, with contribution from new capacity.
Target was cut in line with P/E multiple compression of peers. It notes Midas trades at historical lows of
5X FY11 P/E on concerns over the sector’s growth outlook. “However,the significant upside and strong
earnings outlook into FY12 means we stay at Outperform.”
quote - Today paper |
|
Midas Holdings
(S$0.41) | Outperform
Credit Suisse keeps Outperform rating cuts target to S$0.70 from S$1.20. House says the company’s
Q2 results were largely in line and that it expects a stronger H2, with contribution from new capacity.
Target was cut in line with P/E multiple compression of peers. It notes Midas trades at historical lows of
5X FY11 P/E on concerns over the sector’s growth outlook. “However,the significant upside and strong
earnings outlook into FY12 means we stay at Outperform.”
quote - Today paper
On Tuesday, Midas re-test the resistance at $0.43 and closed at $0.41 with LOW volume of 20.26 million shares traded.
A
black candle sticks with little upper/lower shadow affirms that there
are no hesitant in selling the stock down from the investors.
Both RSI & MACD are turning flat as MACD lines began to converse together.
Important Resistance of Midas: $0.43
Immediate Support of Midas: $0.38
Currently prices are well below 20/50/100/200 days MA.
For
the past week.............. READ MORE
