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8561-8580 of 10484
yes!!! at last!!!
We shall see about this...it has to break 0.90cents to be convincing.
Otherwise, same old trick again & again & again.
Below is my chart analysis for sharing and exchange pointers.
My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA.
If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start
making unconstructive comments and plse do not be so childish or lunatic as to abuse the
rating system by intentionally rating it as "bad post", this is not cursing but Buddhism beliefs
tat intentional bad deeds will accumulate for yourself and possibly your next generation,
"bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly
post your TA for sharing. This is only my view n I may be right or wrong, so dyodd and SOBAYOR.
richtan ( Date: 11-Sep-2009 21:50) Posted:
Below is my long term chart analysis for sharing and exchange pointers. My TA chart is posted to share n exchange pointers with those TA practitioner whom believes in TA. If u are a TA detractor, plse just ignore n refrain from peeping at my chart posting n start making unconstructive comments and plse do not be so childish or lunatic as to abuse the rating system by rating it as "bad post", accumulating for yourself and your next generation, "bad" karma for your "bad" deeds. If u think it is a bad post, then be constructive and kindly post your TA for sharing. This is only my view n I may be right or wrong, so dyodd and SOBAYOR.  |
BREAKOUT BABY!! 88.5!!!
Midas now up on higher vol than yesterday
Patience does has its virtues.
The tortoise will eventually win the race.
Today's vol as at this point in time had aredi exceeded yesterday's vol n "Trade Summary" at this point in time shows heavy buying-up, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR
5EN (MIDAS)
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richtan ( Date: 16-Sep-2009 12:28) Posted:
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I dun think there is such a thing as "calculate roughly need how many lots to increase or decrease the price ? e.g up or down $0.005".
Price up or down depends on the buy/sell q, when the buy q is exhausted, the buy q drop one level n vice-versa n price moves up or down based on sentiments n whether buyers or sellers overwhelm the transactions, if more buyers keep buying up, price will go up n vice-versa.
aircraft ( Date: 16-Sep-2009 13:00) Posted:
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Midas looks like breaking out today..
but will it go back to sleep?.. i certainly hope not.. :)
I am wondering who/why is selling 1400 lots knowing the stock is trending up?
Will there be a time where we want to buy a stock, but, no one wants to sell?
Funny question? isnt it?
Hi Richtan,
Do you know how to calculate rouoghly need how many lots to increase or decrease the price ? e.g up or down $0.005 in this case. Thanks
"Time n Sales" shows heavy buying-up of 1400 lots at 0.86:
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richtan ( Date: 16-Sep-2009 12:28) Posted:
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"Trade Summary" at this point in time shows heavy buying-up, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:
5EN (MIDAS)
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From OCBC Investment Research:
Midas's firm order book of 1.4 billion yuan (S$296 million), more anticipated contract wins in Sept - Nov 2009... will serve to under-gird valuations"
Midas's firm order book of 1.4 billion yuan (S$296 million), more anticipated contract wins in Sept - Nov 2009... will serve to under-gird valuations"
From "Lim & Tan securities":
We remain positive on Midas given its robust
growth prospects, underpinned by its robust order
books of RMB1.4bln as well as the robust prospects
of its 32.5% owned subsidiary company, also
underpinned by solid order books of RMB4.5bln.
And this in turn reflects the government’s active
efforts to support the railcar industry in China to
reduce transportation bottlenecks as well as reduce
transportation costs. Rail transportation is much
cheaper than air travel and is much safer and causes
much less pollution than automotive transportation.
The company will be increasing their production
capacity by 200% in the next 2 years to cope with
the strong order flows. Its PE of 20x remains
undemanding compared to its expected growth rate
of 40-50%.
You should not unload before the release of the next results in Nov. Read this :
MIDAS-Buy Now,unlikly lose $$$ next 3 months
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Quote: Originally Posted by investment Midas Holdings (BUY; S$0.845; MIDAS SP) Delivering on new contract win Price Target : 12-Month S$ 1.60 by: Paul Yong CFA +65 6398 7951 Story: Midas announced last evening that it has been informed by its JV company, Nanjing SR Puzhen Rail Transport Co., Ltd ("NPRT"), that a contract to supply metro train cars, valued at RMB1.56 billion has been awarded by Shanghai Railway Transport Line 2 Eastern Extension Development Company Limited to NPRT and its consortium partners Shanghai ALSTOM Transport Electrical Equipment Co., Ltd. and ALSTOM Transport S.A. Point: Under the terms of the contract, NPRT and its consortium partners will supply 32 metro train sets (1 train set = 6 train cars) for the above-mentioned project. This is equivalent to 192 train cars. NPRT has an estimated 66% share of this contract. This contract is to be fulfilled in 2009 and 2010. Relevance: As indicated in our last report on 27 Feb, we had indicated that NPRT should be able to win more projects to add to its order book. With this win, NPRT's order book swells to over RMB5bn and covers 80pct of our revenue forecast for NPRT's FY09. This contract win should further reinforce investors¡¯ confidence in Nanjing Puzhen's long-term prospects. We continue to like the long-term prospects of Midas. Maintain BUY for Midas, TP $1.60 based on 24x FY08/09 earnings. Catalysts for re-rating include the completion of the NELA deal as well as a potential tie-up with Chinalco. DBS Vickers see past comments above.. Its 120mil pte placement at 75.5cts was a roaring success yielding $89.4mil for expansion of is aluminium alloy production capacity and the balance $7.9mil as working capital.Edge magazine and CIMB has been recommending since it was 82cts,today's rise is accomapnied by vol(45mil done as at now) |
starlene ( Date: 15-Sep-2009 17:04) Posted:
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Sold off 84.5cts > 2 weeks still around this price,switch to Sinotel 58 to 61cts reap good return ..very very slow for MIDAS
tired and too troublesome to do it. Richtan has some good chart for long term trend.
bennykusman ( Date: 15-Sep-2009 15:55) Posted:
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ristaker,
why dun u post a chart here and give some comments ?
risktaker ( Date: 15-Sep-2009 15:38) Posted:
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So if that is the case, we must use movign averages first or what?
risktaker ( Date: 15-Sep-2009 15:38) Posted:
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