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By the time the official news on new contracts are out, it may be too late . So, buy some first and average downwards and upwards. This stock has not move much.
DnApeh ( Date: 07-Sep-2009 13:47) Posted:
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got gurantee one leh. OK, buy some.
risktaker ( Date: 07-Sep-2009 13:07) Posted:
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technical analtst got visit factory one meh?
tonylim ( Date: 07-Sep-2009 11:55) Posted:
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Even if the person is aware of these inside information, he would be a fool to admit it publicly...... that is digging his own grave to get into trouble with Insider Trading.
As there are people who say, buy on rumour sell on news.
Though it is rumour now, it is up to individuals to DYODD whether they want to believe in this rumour, and then benenfit from it if the price shoot up because the rumour becomes news. If it turns out to be a fake rumour, then blame it on his naivety for believing the rumour or bad luck.
yongjp ( Date: 07-Sep-2009 13:17) Posted:
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Agreed. Think it's best to take these rumors about new contracts with a pinch of salt esp on forums.
Just kinda annoys me when I keep seeing posts that are not factual presented as facts.
Just kinda annoys me when I keep seeing posts that are not factual presented as facts.
maseratiq ( Date: 07-Sep-2009 12:00) Posted:
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I can guarantee there will be new contract for midas :) Watch
maseratiq ( Date: 07-Sep-2009 12:00) Posted:
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the volume is increasing now...
maseratiq ( Date: 07-Sep-2009 12:00) Posted:
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There is no guarantee that there will be new contracts.
Those who are buying now are predicting there will be something for Midas.
Analysts have their predictions and stock price will reflect according to how the orders beat them or do not match up then.
It is an SGX criminal offence for those privy to info to abuse their position by disclosing info publicly or trade based on the privy info.
yongjp ( Date: 07-Sep-2009 11:53) Posted:
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There is a technical analyst who personally visited the Midas factories in China and held interview with the boss. He advised banks too, and is accumulating this stock.
richtan ( Date: 07-Sep-2009 11:51) Posted:
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Chey... So its speculation only. Got me exicited for nothing.
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"
richtan ( Date: 07-Sep-2009 11:51) Posted:
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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"
yongjp ( Date: 07-Sep-2009 11:43) Posted:
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Sir, how do you know if there are new contracts? Are you by chance privy to information that we are unaware of?
tonylim ( Date: 07-Sep-2009 11:41) Posted:
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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"
tonylim ( Date: 07-Sep-2009 11:41) Posted:
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Midas has been consolidating for too long while other stocks had risen above $1. This week will see this stock move above 90 cents. Do not take profit yet as there will be announcements of new contracts coming soon.
richtan ( Date: 07-Sep-2009 11:24) Posted:
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thanks!
richtan ( Date: 07-Sep-2009 11:02) Posted:
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"Trade Summary" shows increasing buying-up:
5EN (MIDAS)
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richtan ( Date: 07-Sep-2009 09:57) Posted:
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So when the "Trade Summary" shows higher "sellvol" than 'buyvol", it is known as a buy-up.
richtan ( Date: 07-Sep-2009 11:01) Posted:
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Hi Benny,
It's a trade summary, which means done deal, the "sellvol" means people buying from the seller's q, if all the seller's q is exhausted, the buy n sell q will jump up to the next higher level.
bennykusman ( Date: 07-Sep-2009 10:47) Posted:
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hi richtan,
just want to ask, when u say "heavy buy-up", it means that SellVol is higher than BuyVol ?
richtan ( Date: 07-Sep-2009 09:57) Posted:
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