
sigh BB - 斗转星移 beat everyone
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%.
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 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.
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.

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 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.

"Trade Summary" at this point in time shows extremely heavy buying-up (almost double the sell-down), but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR:
5EN (MIDAS)
|
BB, Guess you almost covered liao ? Jia lat if like that..... You like that Came in from left exit from right .... win so much money.
up up! must up like the movie "Up"
risktaker ( Date: 09-Sep-2009 13:58) Posted:
|
Coming - 2nd Attempt to push it up in the afternoon.
I actually look at the dividend as an indicator on how well the company is doing.
To me, I trade more for the capital gains n not purely for the div, if have is just an additional bonus
edskh78 ( Date: 09-Sep-2009 10:30) Posted:
|
Well, at least it has good FA and it is growing so it is definitely for the long term.
I checked SGX Announcement and in their 2nd quarter financial statement and dividend announcement, it was stated To Be Advised under Date Payable.
In their 2nd quarter financial statement and dividend announcement, the dividend is named as Second Interim, but on SGX Announcement, it shows First Dividend.
How come there is a difference? Can we expect more interim dividend?
Yup. It is pathetic. But given that Midas is a expanding company, I'll be more worried if they start giving out huge dividends.
Dividend is $0.0025 per share. Thus For a $4.4K investment, I only got $12.50 dividend. It is quite pathetic thinking of it. Does not even cover the brokerage fees.
richtan ( Date: 09-Sep-2009 10:19) Posted:
|
Just checked with cdp, payable is $2.50 per lot today
richtan ( Date: 09-Sep-2009 10:19) Posted:
|
Just to confirm is Midas dividend payable today n wat is the total amount per lot ( a bit confusing, if I dun remember wrongly, it declared dividend twice right n payable together?)


richtan ( Date: 09-Sep-2009 10:05) Posted:
|
Looks like Midas is getting hot..TOP 20 vol now! Hope it can gain ground above $0.86
Vol in one hr trade had aredi exceeded yesterday's vol
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 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.

"Trade Summary" at this point in time shows extremely heavy buying-up, but of course, nothing is
guaranteed, may change, so dyodd n BOSAYOR:
5EN (MIDAS)
|