
From OCBC Investment Research:
Shanghai Stock Exchange Composite (SSEC) – Retesting the 3000 key resistance
More upside in the coming week: SSEC is likely to re-test the 3000 key support-turned-resistance level in the coming week after staging a strong rebound off its 8-month downtrend line.
Indicators show signs of a turnaround:With the RSI already showing oversold signals and the MACD showing a possible bottoming, the bearish momentum could be coming to an end soon.
thomas_low ( Date: 25-Aug-2009 00:52) Posted:
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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: 25-Aug-2009 03:14) Posted:
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many pple lose [patience with MIDAS..despite 2 big contracts,yet the price did not close >$1...
New Midas Warrant - A First Yet Again |
25 Aug 09 |
Macquarie is pleased to list the following warrants today: Call warrant MIDAS MBLeCW100202 (I0KW) exercise price $0.95.* Call warrant HSI20200MBLeCW091029 (I0LW) exercise 20,200 index points.* Call warrant HSI21200MBLeCW091029 (I0MW) exercise 21,200 index points.* Put warrant HSI20600MBLePW091029 (I0NW) exercise 20,600 index points.* Put warrant HSI19600MBLePW091029 (I0OW) exercise 19,600 index points.* Macquarie is pleased to be the first to issue a call warrant which provides geared exposure to a new underlying... |
Macquarie is pleased to list the following warrants today: Call warrant MIDAS MBLeCW100202 (I0KW) exercise price $0.95.* Call warrant HSI20200MBLeCW091029 (I0LW) exercise 20,200 index points.* Call warrant HSI21200MBLeCW091029 (I0MW) exercise 21,200 index points.* Put warrant HSI20600MBLeCW091029 (I0NW) exercise 20,600 index points.* Put warrant HSI19600MBLeCW091029 (I0OW) exercise 19,600 index points.* Geared exposure to Midas Midas Holdings Limited designs, manufactures and installs polyethylene (PE) pipes as well as alloy extrusion products. Midas posted 10.1% Year-on-Year (YoY) growth in 2Q09 net profit to S$9.4 million on the 14th August 09. Sales from the company’s core business, the Aluminium Alloy Division, grew by 17.9% YoY to S$36.0 million and contributed to about 95.4% of total revenue. Outlook For Midas Share price performance |
tonylim ( Date: 25-Aug-2009 03:14) Posted:
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thomas_low ( Date: 25-Aug-2009 00:52) Posted:
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richtan ( Date: 24-Aug-2009 21:55) Posted:
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did some TA analysis just now
Stochastic is turning up with blue line cutting the red (bullish)
MACD histogram turning green after a series of red (bullish)
CCI upward move to 0 showing oversold (bullish)
Looks like Midas is gettin back its form.. hope to see more upside tomorrow.. Cheers!
DYODD..
How come my picture come out?
That's copyrighted.
daphnecsf ( Date: 24-Aug-2009 17:15) Posted:
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Hope the $1 mark will clear within this year.. Sweet Congrats..
daphnecsf ( Date: 24-Aug-2009 17:15) Posted:
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benny,
No, it means "get played out by a person", ie, being cheated or lied by a person tat sounds so convincing, persuasive or broke promise.
bennykusman ( Date: 24-Aug-2009 21:47) Posted:
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richtan ( Date: 24-Aug-2009 21:23) Posted:
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richtan ( Date: 24-Aug-2009 21:05) 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"


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.







Patience has its virtues and proves all those naysayers tat bad-mouthed Midas wrong.
Congrats especially to those who followed my postings and chart analysis and dared to buy since last few days when it presents many good opportunities when it bounced off the 15ema and 25ema with tight stop-loss if it close below the 25ema or 65ema.
Peronally, I will exit if it breaks and closed below the 65ema for 2 continuous days and the 3rd day, there is no reversal sign or bullish harami
dealer0168 ( Date: 24-Aug-2009 13:45) Posted:
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daphnecsf ( Date: 24-Aug-2009 17:15) Posted:
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nice close @ 86.. with close to 900 lots done at the last min..
looking forward to more upside..
ozone2002 ( Date: 24-Aug-2009 13:02) Posted:
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