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The future is bright for Midas. Remember! Do not chase stock! Do your own due diligence. There will be opportunity to buy if the price retrace.
Multi-million dollars contracts from these two giants soon! Huat ah!!!
The country's top two locomotive makers - China CSR and China CNR - are the two firms most likely to benefit from the new contracts, the media said.
Peter_Pan ( Date: 17-Aug-2013 15:21) Posted:
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I know your heart inside happy happy right!!! Hahahahaha!!!!!!!
GorgeousOng ( Date: 17-Aug-2013 16:02) Posted:
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Hahaha!!!!CEO Pan has been drinking too much Chang Beer!
Drunk liao ! Ruanlai liao!!! 🙊 🙈 🙉 🙉 🙈 🙊
Drunk liao ! Ruanlai liao!!! 🙊 🙈 🙉 🙉 🙈 🙊
Peter_Pan ( Date: 17-Aug-2013 15:56) Posted:
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Both of you happy happy everyday!!!
She will make you happy happy everyday!!! Hahaha!!!
ruanlai ( Date: 17-Aug-2013 15:10) Posted:
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He will make you happy happy everyday!!! Hahaha!!!
GorgeousOng ( Date: 17-Aug-2013 15:10) Posted:
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China resumes tenders for high-speed trains
SHANGHAI, Aug 16 (Reuters) - China has reopened tenders for high-speed trains worth an estimated $8.2 billion, lifting a suspension imposed after a crash that killed dozens of passengers in 2011 and signalling a new phase of construction in the country's vast railway network.
State-owned giant China Railway Investment Corp (CRIC) said it had opened tenders for 91 bullet trains with a speed of 250 kilometres (155 miles) per hour.
The move marks the start of another wave of construction in the world's largest high-speed railway and indicates that the government feels public confidence in the network has recovered from the accident which killed at least 32 people in eastern Zhejiang province.
The railway investment firm said it opened the tenders on behalf of five Chinese regional railway bureaus of Nanchang, Chengdu, Nanning, Wuhan and Shanghai.
"Funds for purchases of these trains have already been reserved," it said in a statement.
The tenders are open only to China-based train makers which have licences for manufacturing high-speed trains, it added.
Local media estimated that the tenders would be worth more than 50 billion yuan ($8.2 billion), including trains, locomotives and supplementary equipment.
China's top two locomotive makers - China CSR Corp and China CNR Corp - are the two firms most likely to benefit from the new contracts, the media said.
"The tenders are only the first and will surely be followed by others over time," the official Shanghai Securities News said in a report on Friday.
China's cabinet announced last month that it would widen funding channels to speed railway investment, among a slew of other measures to boost the sharply slowing growth of the world's second largest economy.
The State Council decided to set up a railway development fund, with initial money from the central government but also trying to attract contributions from private investors.
The Zhejiang crash led to allegations of massive corruption, the arrest of the head of the railways ministry and eventually the break-up of the ministry's functions into separate commercial and regulatory agencies.
SHANGHAI, Aug 16 (Reuters) - China has reopened tenders for high-speed trains worth an estimated $8.2 billion, lifting a suspension imposed after a crash that killed dozens of passengers in 2011 and signalling a new phase of construction in the country's vast railway network.
State-owned giant China Railway Investment Corp (CRIC) said it had opened tenders for 91 bullet trains with a speed of 250 kilometres (155 miles) per hour.
The move marks the start of another wave of construction in the world's largest high-speed railway and indicates that the government feels public confidence in the network has recovered from the accident which killed at least 32 people in eastern Zhejiang province.
The railway investment firm said it opened the tenders on behalf of five Chinese regional railway bureaus of Nanchang, Chengdu, Nanning, Wuhan and Shanghai.
"Funds for purchases of these trains have already been reserved," it said in a statement.
The tenders are open only to China-based train makers which have licences for manufacturing high-speed trains, it added.
Local media estimated that the tenders would be worth more than 50 billion yuan ($8.2 billion), including trains, locomotives and supplementary equipment.
China's top two locomotive makers - China CSR Corp and China CNR Corp - are the two firms most likely to benefit from the new contracts, the media said.
"The tenders are only the first and will surely be followed by others over time," the official Shanghai Securities News said in a report on Friday.
China's cabinet announced last month that it would widen funding channels to speed railway investment, among a slew of other measures to boost the sharply slowing growth of the world's second largest economy.
The State Council decided to set up a railway development fund, with initial money from the central government but also trying to attract contributions from private investors.
The Zhejiang crash led to allegations of massive corruption, the arrest of the head of the railways ministry and eventually the break-up of the ministry's functions into separate commercial and regulatory agencies.
Too old......80 ++ lao K K
They only love my money........BUT
All my money are going to give to my Grand Children......Ha ha
Peter_Pan ( Date: 17-Aug-2013 14:50) Posted:
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ruanlai 乱 来 ？ 🙊 🙈 🙉 🙉 🙈 🙊
Dont want lah..... I Iscare scare
I invest within my mean...知 足 常 乐 ！ ..porridge with kiam chai or kiam neng also can ...also not bad ...everyday hehehaha enjoy my life.... Hahaaa! More important is everyday must able to login SJ !!!!!!🙊 🙈 🙉
Dont want lah..... I Iscare scare
I invest within my mean...知 足 常 乐 ！ ..porridge with kiam chai or kiam neng also can ...also not bad ...everyday hehehaha enjoy my life.... Hahaaa! More important is everyday must able to login SJ !!!!!!🙊 🙈 🙉
Peter_Pan ( Date: 17-Aug-2013 14:50) Posted:
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BBs are buying under their mistresses' names!
You want to be his mistress!!!!
GorgeousOng ( Date: 17-Aug-2013 14:41) Posted:
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You very confuse me le! What is your meaning "run road"?
Ayiok ! You can buy under your mistress name also can , right???
Buy under my name??? Heheee!
My china sweeties buy under my name full full aredi lor!!!! Cheers!!!
Ayiok ! You can buy under your mistress name also can , right???
Buy under my name??? Heheee!
My china sweeties buy under my name full full aredi lor!!!! Cheers!!!
ruanlai ( Date: 17-Aug-2013 14:29) Posted:
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I still on the train lah......
Only thing is cannot buy more under my name......
Now must look for you lin.........to invest.......
More than 5% need to sit on the board.....
Bo Eng.....
If I dump you think still can be at this price 53......ha ha
will way down to 43cents again (I cannot repeat the history now cos last time can do that due to Cloudy season)
GorgeousOng ( Date: 16-Aug-2013 19:44) Posted:
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Extract from The Edge Singapore:
Another recovery play OSK-DMG recommends is Midas Holdings. Its current share price is less than half of its 2010 peak of $1.16, plagued by poor global investor sentiment towards China's rail sector as a result of fatal train collisions and corruption by senior government officials in recent years. Orders have started to pick up, though, and Midas CEO Patrick Chew is prepping up the company for new avenues of growth.
Another recovery play OSK-DMG recommends is Midas Holdings. Its current share price is less than half of its 2010 peak of $1.16, plagued by poor global investor sentiment towards China's rail sector as a result of fatal train collisions and corruption by senior government officials in recent years. Orders have started to pick up, though, and Midas CEO Patrick Chew is prepping up the company for new avenues of growth.
OSK-DMG : 0.75
Don't jump the train so early. Of cos you still can get down when high and get back when low. Few years back when China gov announce to dump money to push economy, infrastructure is 1 of the major expenses, that time Midas went from lowest $0.30++ to highest at $1.17. If no corruption issues & train accident, it should have fly. Now is another chance to sit tight to head north.
云 妹 ， 谢 谢 您 ！ 我 们 大 家 有 赚 没 䁠 都 要 开 开 心 心 的 过 一 天 吧 ！
来 啊 ！ 为 我 们 的 投 资 加 油 干 杯 ！ ！ ！ 冲 啊 ！
来 啊 ！ 为 我 们 的 投 资 加 油 干 杯 ！ ！ ！ 冲 啊 ！
guoyanyunyan ( Date: 16-Aug-2013 20:32) Posted:
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Lu gon see mi...
guoyanyunyan ( Date: 16-Aug-2013 20:32) Posted:
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