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Livermore
    15-Aug-2009 20:28  
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But vested some though

Livermore      ( Date: 15-Aug-2009 20:26) Posted:

For me the problem with this stock is it moves too slow. 

 
 
Livermore
    15-Aug-2009 20:26  
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For me the problem with this stock is it moves too slow. 
 
 
knightbridge
    15-Aug-2009 20:08  
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Hi risktaker, not need to try to explain to people of good stock to hold.. If they listen and they make, their business i dun make a single cent.. If they lose, i dun lose a single cent but get curse by them...

The only objective is to make money for oneself in investment.. If one dun sell me the stock at a lower price, i cannot sell at a higer price. If no one buy from me at a higher price, i cannot profit from it also. If u think will be $2 in the future, just avg and buy up all the way...

I also vest in midas, in march to apr i ask my family friend and relative to buy midas after doing my homework.. They say risky, times are so bad... I say china stimulus package midas 50% sure to benefit some more buying new factory... none buy also.. Now at 90 they are interested... Human are so funny, when nobody wants at low price no one wants to buy.. When the price start to run people chasing after it... Just like property... (Understand human emotion can help in trading)

 



risktaker      ( Date: 15-Aug-2009 15:42) Posted:

Well, keep on explaining and spoon feeding information is kinda tired why people dont go research ? and observe the market so that you can feel it like your own pulse. I have to go out attending party. Maybe I will reveal it today when i get back. 

I am 100% sure this share worth over $2-$3 easily.



tonylim      ( Date: 15-Aug-2009 11:07) Posted:

Can reveal the 4 factors?   I am accumulating this stock till it hits $2.50



 

 
risktaker
    15-Aug-2009 15:42  
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Well, keep on explaining and spoon feeding information is kinda tired why people dont go research ? and observe the market so that you can feel it like your own pulse. I have to go out attending party. Maybe I will reveal it today when i get back. 

I am 100% sure this share worth over $2-$3 easily.



tonylim      ( Date: 15-Aug-2009 11:07) Posted:

Can reveal the 4 factors?   I am accumulating this stock till it hits $2.50



risktaker      ( Date: 15-Aug-2009 09:26) Posted:



There are at least 4 factors why Midas will break $1.00 by next week.


Smart investors - will know. Tired of :)
Think about it :)  What are the 4 factors hehe i wont tell you


 
 
risktaker
    15-Aug-2009 14:26  
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all info is there already. Also please go through this thread i have highlighted the key results area. 

Buy and Hold :) 

 



raymondho      ( Date: 15-Aug-2009 13:06) Posted:



Well, I dun really understand their Quarterly report, can any FA forumers mind to share from FA points of view?

As this morning, I check and read the chart with my own judgement, the ADX, Stochastic and CCI both indicate

a downturn, will it be happened by Mon's morning? As Dow was down. 

 
 
raymondho
    15-Aug-2009 13:06  
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Well, I dun really understand their Quarterly report, can any FA forumers mind to share from FA points of view?

As this morning, I check and read the chart with my own judgement, the ADX, Stochastic and CCI both indicate

a downturn, will it be happened by Mon's morning? As Dow was down. 
 

 
tonylim
    15-Aug-2009 11:07  
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Can reveal the 4 factors?   I am accumulating this stock till it hits $2.50



risktaker      ( Date: 15-Aug-2009 09:26) Posted:



There are at least 4 factors why Midas will break $1.00 by next week.


Smart investors - will know. Tired of :)
Think about it :)  What are the 4 factors hehe i wont tell you

 
 
risktaker
    15-Aug-2009 09:26  
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There are at least 4 factors why Midas will break $1.00 by next week.


Smart investors - will know. Tired of :)
Think about it :)  What are the 4 factors hehe i wont tell you
 
 
ozone2002
    15-Aug-2009 09:12  
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wow..nice cups..gettin bigger each time..

wonder if ya doing advertisement for those bust enhancements companies..keke
 
 
Bintang
    15-Aug-2009 08:47  
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Hi richtan , thank u again for your  posting of the wonderful chart for me , obviously it looks like a big cup . Please if u can go to the weekly chart , I draw a straight line jointing the share price on 12/12/08 to 3/7/09, we can see clearly that this line has stopped the upward movements for months , n the volume done was larger from May to Jul compare to the months before May n after Jul . So this is more or less comply to the condition of the H&S pattern . The only thing to confirm the pattern is the break-out of the line with huge volume . This is only my opinion , can you give me your valuable advice , thanks .

richtan      ( Date: 15-Aug-2009 00:15) Posted:

Hi Bintang,

U are most welcomed, I too learnt a lot from your postings.

No problem, take your time, no urgency.

Are u refering to the cup tat I mentioned, if it is I post below the cup pattern for your info, correct me if u think I m wrong.



Bintang      ( Date: 14-Aug-2009 23:38) Posted:

Thank u richtan ,  u r so knowlegable n helpful , u not only pointed out my mistakes , but also taught me alot of TA knowledge . There is some problem for me to post my chart , I will try again. From my chart which is using metastock , I could see clearly the H&S pattern , but from your angle , you have different viewing . But no problem ,tan , I will take your advice , n learn to find the pattern you 'd mentioned . Thank u again .


 

 
richtan
    15-Aug-2009 00:15  
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Hi Bintang,

U are most welcomed, I too learnt a lot from your postings.

No problem, take your time, no urgency.

Are u refering to the cup tat I mentioned, if it is I post below the cup pattern for your info, correct me if u think I m wrong.



Bintang      ( Date: 14-Aug-2009 23:38) Posted:

Thank u richtan ,  u r so knowlegable n helpful , u not only pointed out my mistakes , but also taught me alot of TA knowledge . There is some problem for me to post my chart , I will try again. From my chart which is using metastock , I could see clearly the H&S pattern , but from your angle , you have different viewing . But no problem ,tan , I will take your advice , n learn to find the pattern you 'd mentioned . Thank u again .

 
 
Bintang
    14-Aug-2009 23:38  
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Thank u richtan ,  u r so knowlegable n helpful , u not only pointed out my mistakes , but also taught me alot of TA knowledge . There is some problem for me to post my chart , I will try again. From my chart which is using metastock , I could see clearly the H&S pattern , but from your angle , you have different viewing . But no problem ,tan , I will take your advice , n learn to find the pattern you 'd mentioned . Thank u again .
 
 
risktaker
    14-Aug-2009 23:07  
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Monday will rally la. PM Lee Rally speech on Sunday. Monday shares fall ? LOL wanna get tekan from Gov ?

richtan      ( Date: 14-Aug-2009 23:04) Posted:

Very hard to say, it may or may not drop, if drop, most probably drop to the 25ema, imo.

Personally, if it closes below the 25ema for 2 days continuous, I will exit (as one day close below it could be a fake n may the next day pull up above it to fool and shake out those weak holders),

Anyway, this is jmo, not a call to sell, dyodd n BOSAYOR and dun follow me blindly as everybody has their own strategy..



bennykusman      ( Date: 14-Aug-2009 22:45) Posted:

dow jones drops a lot.. will this share drop also


 
 
richtan
    14-Aug-2009 23:04  
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Very hard to say, it may or may not drop, if drop, most probably drop to the 25ema, imo.

Personally, if it closes below the 25ema for 2 days continuous, I will exit (as one day close below it could be a fake n may the next day pull up above it to fool and shake out those weak holders),

Anyway, this is jmo, not a call to sell, dyodd n BOSAYOR and dun follow me blindly as everybody has their own strategy..



bennykusman      ( Date: 14-Aug-2009 22:45) Posted:

dow jones drops a lot.. will this share drop also ?

m0shii      ( Date: 14-Aug-2009 21:13) Posted:



wonder next week what be the price.....hopefully at reach $0.98 by nxt fri


 
 
richtan
    14-Aug-2009 22:55  
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Hi Bintang,

U r warmly welcome to Midas Land, the land of the midas touch.

Firstly,  lets SmileySmileytogether.

I truly appreciate your dropping over to visit us and share n look forward to your future visits.

Dun worry, we are here to share n exchange pointers.

Likewise, feel free to point out my mistakes, I m very receptive and open-minded.

Pardon my ignorance, as I tried to locate the large inverse H&S but just couldn't figure it out.

Could u kindly post yor chart analysis to share as a picture tells a thousand words, I thank you 1st.

But I could see a huge cup in formation, with the brim of the cup at around 1.19 and yet to form the handle.

The handle will start forming once the brim of the cup is reached, first with a downtrend followed by the

explosive upward formation of the handle (look at Straits Asia, now forming the handle of a smaller cup with a

bigger cup yet to form, to get wat I mean)

Correct me if I m wrong, ADX normally will turn up faster for energetic sprinter but Midas is more like a

middle-age man clinbing up a flight of stairs, slow but steadily and gently upwards, with pause in betweeen n

falling down occassionally but managed to stand-up on his feet n continue to climb.

Looking from my ChartNexus Midas chart with 14RSI, it is now about 60, above the average strength of 50,

not too hot and not too cold, but of course, I m not saying tat if it is too hot, it will definitely cool down bcos

I know, wat is hot can be even hotter n vice versa.



Bintang      ( Date: 14-Aug-2009 19:36) Posted:

Hi, richtan , this is my opinions on  Midas , point it out if I m wrong . Thank u . Midas is forming the right shoulder of its large inverted H&S pattern . It has dragged for more than 3 months to form the right shoulder , both the ADX n RSI do not turn up with the increasing volume . So in the near  future , the volume done is the key factor to push the share price across the neckline at 91 cents , then the share price could move up smoothly with the rising of  both ADX n RSI . From the breakout point at 91 cents , I could get the minimum target of $1.28 . Richtan , this is the first time I give my comment on Midas , correct me if  I m wrong , thanks !

richtan      ( Date: 14-Aug-2009 19:06) Posted:

Posted: 14-Aug-2009 11:49       Contact richtan          *  Quote this Post!
x 2
x 0


* Alert Admin


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.

SmileySmileySmiley



 

Just wondering aloud, sweet dreams, it is dreams tat motivates us



 

 
bennykusman
    14-Aug-2009 22:45  
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dow jones drops a lot.. will this share drop also ?

m0shii      ( Date: 14-Aug-2009 21:13) Posted:



wonder next week what be the price.....hopefully at reach $0.98 by nxt fri

 
 
m0shii
    14-Aug-2009 21:13  
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wonder next week what be the price.....hopefully at reach $0.98 by nxt fri
 
 
el7888
    14-Aug-2009 21:07  
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MIDAS POSTS 10.1% GROWTH IN NET PROFIT TO S$9.4 MILLION IN 2Q2009
- Revenue for Aluminium Alloy Division grew 17.9% to S$36.0 million
- Overall gross profit margin improved from 31.8% in 2Q2008 to 41.3% in 2Q2009
- Declares second interim cash dividend of 0.25 Singapore cents per ordinary share
 
 
risktaker
    14-Aug-2009 20:19  
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I feel sorry for those who exited at 0.87 ......... 
 
 
tonylim
    14-Aug-2009 19:58  
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MIDAS has strong fundamentals; and is recession-proof.  Start accumulating now till it hids $2.50 in one year's time.  Next week, it will hit 93 cents.



dealer0168      ( Date: 14-Aug-2009 19:50) Posted:

Midas recent new contract is alot. Next 2 qtr result will be better as well. My view is above $1 mark is possible n sustainable.

 



Bintang      ( Date: 14-Aug-2009 19:45) Posted:

Hi dealer , this is all pure TA measurement n has no time frame . What is your view ? Thanks


 
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