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4581-4600 of 10484
Results out?
Luckily HK now rebound into green again (+33)!
Going down again soon, HK is begining to show - minus and red again !!! Good Luck.
covering shorts position
Sgshares ( Date: 12-Aug-2011 14:08) Posted:
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Looks like some buyers coming up. About time too...
Sgshares ( Date: 12-Aug-2011 14:08) Posted:
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wow 1,500 lots buy
Will trading be halted?
I am looking to go long on this and Ezra as well this morning.
ar bo then! i am expecting good numbers lah..but dividens i dun know..if reinvesting in plants..maybe will not get..but i still like midas!
because in time to come..asia will be connected by high speed train..transporting talents, exports and imports, connecting asia to the rest of the world through high speed rails, using efficient magnetic power and cutting down on global pollution.. trains are the next generation of transport!
china to india to sea to russia to europe and even under sea tunnnels..so exciting! i can even forsee railway tracks build up a mountain to power shuttles up into space using magnetic force..all this done by rails..
so i hope my dear friends who are vested, hold on and dont be swayed by media, invest in value and vision!
Reporting earnings tomorrow?
Hopefully tomorrow will be going up from here...
The news:
Zhuzhou Electric Locomotive, made up of
a) a RMB33m order for 120 train cars for Kunming Metro project over 2H11 to 2013, and
b) a RMB62m order for 192 train cars for Guangzhou Metro Lines 1, 2 and 8 over 2H11 and
2012.
Midas announced that it had secured two metro contracts worth RMB95m from CSROur thoughts:
to 82% and 35% of our FY11 and FY12 estimates for extrusion revenue are now backed by
announced order wins respectively. We maintain our RMB700m and RMB750m order wins
assumption for FY11 and FY12. Reiterate BUY at TP of S$0.73, pegged to 15x FY11F P/E.(Osk)
Daily , weekly n monthly RSI are still very weak , may test the rock bottom .
Bintang ( Date: 10-Aug-2011 19:07) Posted:
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There's quite a number of big lots (more than 500k lots) buy into this counter today.
Accumulation in progress and should move up very soon.
Good Luck :p
Sgshares ( Date: 11-Aug-2011 17:16) Posted:
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This is good move from govt to ensure 100% safety. This is govt responsibilities. Once new safety policies are in placed, this counter is going to shoot...i think.
Johnloo ( Date: 11-Aug-2011 10:06) Posted:
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Think the bb are in to push this counter....
Thinks of market reversal first,
before thinking of stock reversal.
To have a real feel of the market pulse,
one needs to scan all counters' charts.
(ie. work is required)...
Reversal depends on the following:
1)Favourable result 1H11
2)Closing price of midas today > 40c
3)favourable us and europe mkt performance later tonight
Im thinking more towards reversal.
Reasons being TA wise, grossly oversold, and depending on today close, it seems that Midas has completed a 5 wave downwards move from $1. FA wise reasonably sound(less railway contracts in ST but can be compensated with metro contracts win). Good also that yuan$ is appreciating.
if not the short term, buy and hold for LT would make a btr reward:risk
I think anything could happen. Is about time for the mkt to rebounce and you will see that Midas will move up the ladder as well...
PinkPunter ( Date: 11-Aug-2011 15:16) Posted:
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Do u think its about to reverse up already? Seems not over yet...!
I bull supporter. CHIONG AH!
finally bull and bear tough fight