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8461-8480 of 10484
hehe BB might start throwing soon :)
tankuku ( Date: 18-Sep-2009 11:21) Posted:
Yes u r right, forget abt the a looter , Midas is a strong and sound company worth investing. Thanks for all who support Midas. |
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Yes u r right, forget abt the a looter , Midas is a strong and sound company worth investing. Thanks for all who support Midas.
No matter wat the 1 lotter do is useless,
"Trade Summary" at this point in time still keep showing extremely heavy buying-up (almost double the sell-down), but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:
| WEIGHTED AVG PRICE : 0.8705 |
LAST DONE PRICE : 0.865 |
| SPREAD/PRICE RATIO : 0.0058 |
AVG TRADE SIZE : 25.262 |
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risktaker ( Date: 17-Sep-2009 17:42) Posted:
Tomorrow selling day again. No BB will want to hold shares over long weekend :)
Dont pissed off i am just telling you the fact.
14/09 (Monday range) = 0.84 - 0.86
All the BB need to do now is pressure this burger down to 0.835 tomorrow. Tomorrow BB will Collect/Cover tons of shares at 0.840 or lower :)
Very good move BB :) YOU WIN AGAIN. HUAT AH |
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I will support midas if it reach 0.82-0.84 :)
Should buy b4 they announce the next contract any time from now till Nov 2009.
Not so much for contra player as Midas is more suitable for investor to hold for 1 to 2 mths inorder to make $.
Honestly, Midas is a co with good FA but the problem with share trading is that they don't care. They (BB) want to make money from you speculators only. You buy more then they will make more from you. Maybe if you buy little, they will give you some sweets. Remember, Santa sends gifts to you only once a year!
Till today the fabrication contracts now amount to Rmb121.8m.
Sometime back, Midas Holdings announced that its subsidiary Jilin Midas Aluminium Industries secured its third downstream fabrication contract (worth Rmb48m) for the provision of fabrication and welding services for large component panels used in metro train trains. The contract is being awarded by repeat customer Changchun Railway Vehicles and is expected to be earnings accretive in 2H09 and 2010.
The third contract is relatively small and amounts to around 3.4% of Midas’ total order book at c. Rmb1.4b. Given that we have already factored in additional contract wins for Midas’ downstream business up till 2010 in our previous report, there will be no changes to our top and bottomline forecasts.
Recommendation. Maintain BUY with price target of S$1.04 assuming it trades up to 18.8x FY09/10 blended P/E. Our target P/E is being derived from applying a 35% discount to its Shanghai listed peers on the basis that the P/E of the Singapore market is presently trading at a similar discount to the Shanghai Composite Index.
awakening from slumber or going to be the plumber? keke
Expect more Contract to come from PRC:
Mida had earlier secure two contracts that represents the single largest project order secured by the company to-date.
The first contract, worth about US$44.8 million, was awarded by CNR Changchun Railway Vehicles Co. The second deal, valued at some US$43.5 million, was signed with CNR Tangshan Railway Vehicles Co.
Midas says the two contracts are expected to be fulfilled from the second half of 2009 to 2011, which will have a positive impact on the company's financial results in the coming three years.
Going forward, Midas says it is confident that it will be able to ride on the strong industry prospects to achieve its next phase of growth.
This is mainly due to the Chinese government's US$585.2 billion stimulus package, which has a key focus on rail infrastructure development.
Midas is a leading manufacturer of aluminium alloy extrusion products, primarily for the rail transportation sector in China.
 x 1
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* Alert Admin |
Showing strong buying interest :
| 09:45:37 |
0.875 |
250,000 |
Bought from Seller |
| 09:45:32 |
0.875 |
500,000 |
Bought from Seller |
| 09:45:22 |
0.875 |
20,000 |
Bought from Seller |
| 09:44:35 |
0.870 |
128,000 |
Bought from Seller |
Target price by OCBC research : $1.04
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richtan ( Date: 18-Sep-2009 10:17) Posted:
Just ignore it, despicable act only to scare those unwary, if the big fish really comes in, they will be useless ikan-bilis
bennykusman ( Date: 18-Sep-2009 10:13) Posted:
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Just ignore it, despicable act only to scare those unwary, if the big fish really comes in, they will be useless ikan-bilis
bennykusman ( Date: 18-Sep-2009 10:13) Posted:
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1 lotter guy come back ?
I really dun know.
Wat happen in the past may or may not be a precursor of the future, it depends on the news flow during today n the holidays, but if any unforunate events were to happen (touched wood), this will probably affect only the short-term unless the mid to long term trend changes or when there is any sell sign in the stock when mkt re-opens after the holidays,.
So put aside any worries n enjoy your holidays worry-free n plan your trades when mkt re-opens.
bennykusman ( Date: 18-Sep-2009 09:52) Posted:
richtan, what do you think of the holidays that are coming next week ? monday is off, then japan has kinda long weekend, indonesia market has kinda long weekend too.. based on ur experience, does that affect the market to go down ?
richtan ( Date: 18-Sep-2009 09:51) Posted:
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"Trade Summary" at this point in time shows extremely heavy buying-up, but of course,
nothing is guaranteed, may change, so dyodd n BOSAYOR:
| WEIGHTED AVG PRICE : 0.8697 |
LAST DONE PRICE : 0.875 |
| SPREAD/PRICE RATIO : 0.0000 |
AVG TRADE SIZE : 69.857 |
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We must look at the fundamental and profitabilty of the company.Don't follow the recommandation blindly Midas had post 10.1% growth and net profit of $9.4 million for the Q2 2009.
I read the anal-ist report only on their FA but still time my entry n exit based on my own TA interpretation but of course, my interpretation may at times be right or wrong, thus why I also set stop-loss point.
keepnosecrets ( Date: 18-Sep-2009 09:50) Posted:
How many times are they accurately providing us the right moment to make money? I must count first because I don't know I have made from any of analysts' recommendation. I can remember mostly the losses. Please help me to remember.
tankuku ( Date: 18-Sep-2009 09:38) Posted:
At least 3 brokeage firm cover MIDAS with buy rating : OCBC , DMG and Lim&Tan.
Good Buy when correction. |
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richtan,
what do you think of the holidays that are coming next week ? monday is off, then japan has kinda long weekend, indonesia market has kinda long weekend too.. based on ur experience, does that affect the market to go down ?
richtan ( Date: 18-Sep-2009 09:51) Posted:
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"Trade Summary" at this point in time shows extremely heavy buying-up, but of course,
nothing is guaranteed, may change, so dyodd n BOSAYOR:
| WEIGHTED AVG PRICE : 0.8697 |
LAST DONE PRICE : 0.875 |
| SPREAD/PRICE RATIO : 0.0000 |
AVG TRADE SIZE : 69.857 |
|
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risktaker ( Date: 17-Sep-2009 17:42) Posted:
Tomorrow selling day again. No BB will want to hold shares over long weekend :)
Dont pissed off i am just telling you the fact.
14/09 (Monday range) = 0.84 - 0.86
All the BB need to do now is pressure this burger down to 0.835 tomorrow. Tomorrow BB will Collect/Cover tons of shares at 0.840 or lower :)
Very good move BB :) YOU WIN AGAIN. HUAT AH |
|
|
|
"Trade Summary" at this point in time shows extremely heavy buying-up, but of course,
nothing is guaranteed, may change, so dyodd n BOSAYOR:
| WEIGHTED AVG PRICE : 0.8697 |
LAST DONE PRICE : 0.875 |
| SPREAD/PRICE RATIO : 0.0000 |
AVG TRADE SIZE : 69.857 |
|
|
risktaker ( Date: 17-Sep-2009 17:42) Posted:
Tomorrow selling day again. No BB will want to hold shares over long weekend :)
Dont pissed off i am just telling you the fact.
14/09 (Monday range) = 0.84 - 0.86
All the BB need to do now is pressure this burger down to 0.835 tomorrow. Tomorrow BB will Collect/Cover tons of shares at 0.840 or lower :)
Very good move BB :) YOU WIN AGAIN. HUAT AH |
|
How many times are they accurately providing us the right moment to make money? I must count first because I don't know I have made from any of analysts' recommendation. I can remember mostly the losses. Please help me to remember.
tankuku ( Date: 18-Sep-2009 09:38) Posted:
At least 3 brokeage firm cover MIDAS with buy rating : OCBC , DMG and Lim&Tan.
Good Buy when correction. |
|
Showing strong buying interest :
| 09:45:37 |
0.875 |
250,000 |
Bought from Seller |
| 09:45:32 |
0.875 |
500,000 |
Bought from Seller |
| 09:45:22 |
0.875 |
20,000 |
Bought from Seller |
| 09:44:35 |
0.870 |
128,000 |
Bought from Seller |
Target price by OCBC research : $1.04
At least 3 brokeage firm cover MIDAS with buy rating : OCBC , DMG and Lim&Tan.
Good Buy when correction.
