
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:
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Just saw its 2nd qtr result, emm profit earning seems ok only.....leh. But got improvement compare to last year one.
Monday see how.....it react.
dealer0168 ( Date: 14-Aug-2009 19:40) Posted:
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Bintang, i like yr this news: could get minimum target of $1.28

richtan ( Date: 14-Aug-2009 19:06) Posted:
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You know why India cant grow like China ? Because the Infrastructure sucks. China has really smart leaders, the leaders know what they lack. Our dear LKY founder of Singapore is consider the best leader alive. His vision,foresight and the way he solved problems is Superb. Only person I truly respect in my life LKY.
More Contracts are coming for Midas. I can see very strong growth for midas for the next 5 years. Within the next 2-3 years midas will reached a peak of $3-$5. If you guys can hold for 2 years I can guarantee that you will see the $3 mark, this is based on FA (Possible contracts are all based on China spending on infrastructure).
Posted: 14-Aug-2009 11:49 Contact richtan * Quote this Post! | |
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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. ![]() ![]() ![]() ![]() |
Just wondering aloud, sweet dreams, it is dreams tat motivates us
Hi dionnazhao,
Many thanks for your compliments.
Frankly, I m here not to gain popularity, wat matters to me is "make money" to give my family better life.
As I always said, my chart posting is purely in the hope of exchanging pointers with fellow experienced TA practitioner, hopefully, someone can alert me to any "blind spots" tat I missed n my holistic mission to help newbies, not to repeat my horrendous gullibilty n losses just to wisen up later to realise the importance of TA and recoup all those losses.
dionnazhao ( Date: 14-Aug-2009 14:39) Posted:
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Dun worry, more contracts in the pipeline.
This results is just a sweetener. appetizer, main course haven't served yet.
yongjp ( Date: 14-Aug-2009 17:36) Posted:
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Congrats especially to those who followed my chart analysis and dared to buy particularly last Fri when it presents one of the best opportunity when it bounced off the amazingly strong magical 25ema which had been providing tat magical support since 8/6/09.
The report is not only fantastic, but "MIDASTIC", fabulous, marvelous.
risktaker ( Date: 14-Aug-2009 18:12) Posted:
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risktaker ( Date: 14-Aug-2009 18:31) Posted:
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No....no... no... never....never... never buy shares bcos of my posting.
U must dyodd n BOSAYOR.
As I said, due to my time constraint, I may or may not post my chart analysis, also I m a private trader, not oblige nor licensed to make any buy or sell call, u must learn TA, for your own good.
The reason I post my chart analysis is more to exchange pointers with fellow TA prctitioner, hopefully someoe can alert me to any "blind-spots" tat I failed to noticed, not a call to buy or sell.
maseratiq ( Date: 14-Aug-2009 18:33) Posted:
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I guess it should be.
In any case, div is last in my mind when trading, if by chance it declares while I m holding it, it is just a bonus to me.
I will even exit if I spot later any sell sign, even b4 ex-div.
My main objective in trading is capital gain, not solely for all this tit-bits, sweeteners to me tats all.
maseratiq ( Date: 14-Aug-2009 18:22) Posted:
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RichTan, apologies for speling your name wrongly just now....care to explain why there are 2 div in the report?
All because of you I hold on to Midas for so loooong. I will only sell when you say so!!!
I agree with richtan on that.
however never put all eggs in one basket referring to:
By shares not in the same category. You think u put your money in multiple construction compnay but remember your when construction is doing well all construction will up. When it falls it falls together. So You have to make sure you put money on different sector. However timing is important as well.
Anyway PM me i will tips you more :)
richtan ( Date: 14-Aug-2009 18:25) Posted:
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Thanks a lot for your compliments.
Read all my past advices, "Learning TA" thread n my 3 golden mantras, all these will stand u in good stead in your trading journey.
Look forward to your chart posting n sharing in the near future.
All the best to u.
Icebergy ( Date: 14-Aug-2009 18:25) Posted:
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am very new to stock trading (so called newbies), yes certainly this will be a good lesson learnt.
tks for advice, now trying to read your previous post all over to learn some more, just to inform u that i register an account in this forum just to say thank you to you
richtan ( Date: 14-Aug-2009 18:17) Posted:
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Rachael,
Believe me, u need to change your tat character for your own good, of course, ultimately u decides.
Never...never...never put all your eggs in one basket, yah, u may be lucky but prudence more impt, wat if something unexpected happens to tat counter though it has good FA n TA, nothing is for sure or guaranteed,
As I said, spread to at least minimum 2 counters, ideally 3. More than 3 too "fen sen", less than 2, too risky.
rachael ( Date: 14-Aug-2009 15:01) Posted:
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Sorry, but I'm confused....the report says 0.25 and another 0.50 cent per ordinary share under one-tier system. Does this mean 7 and a half cents per share?
Any dividend declared for the current financial period reported on? RickTan, hope you can throw some light. Thanks!
Please see the following copied (in part) from the link provided in this forum:
Any dividend declared for the current financial period reported on?
Yes
Second Interim
Dividend Type Cash
Dividend amount per share (in cents) 0.25 cent per ordinary share under one-tier system
Any dividend declared for the corresponding period of the immediately preceding financial year? |
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Yes
Second Interim
Dividend Type Cash
Dividend amount per share (in cents) 0.50 cent per ordinary share under one-tier system
Nope the profit will only come in during the 3rd quarter and 4th quarter. Remember This is a rare gem to be under $1.00
I am not sure you will ever get this baby under $1.00 after next week.
I hope no one follow my DAMN indoagri make me lose alot on that baby. friend didnt enter with me damn put me aeroplane but he has his reasons.
Anyway good luck for those who enter Midas
yongjp ( Date: 14-Aug-2009 18:04) Posted:
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