Home
Login Register
Midas    Last:0.192   -

Midas

 Post Reply 9361-9380 of 10484
 
dealer0168
    14-Aug-2009 19:50  
Contact    Quote!

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 .

dealer0168      ( Date: 14-Aug-2009 19:40) Posted:



Bintang, i like yr this news: could get minimum target of $1.28 Smiley



 
 
dealer0168
    14-Aug-2009 19:47  
Contact    Quote!


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.
 
 
Bintang
    14-Aug-2009 19:45  
Contact    Quote!
Hi dealer , this is all pure TA measurement n has no time frame . What is your view ? Thanks .

dealer0168      ( Date: 14-Aug-2009 19:40) Posted:



Bintang, i like yr this news: could get minimum target of $1.28 Smiley


 

 
dealer0168
    14-Aug-2009 19:40  
Contact    Quote!


Bintang, i like yr this news: could get minimum target of $1.28 Smiley

 
 
Bintang
    14-Aug-2009 19:36  
Contact    Quote!
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


 
 
risktaker
    14-Aug-2009 19:25  
Contact    Quote!


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). 
 

 
richtan
    14-Aug-2009 19:06  
Contact    Quote!
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

 
 
richtan
    14-Aug-2009 19:02  
Contact    Quote!

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:

tks for richtan, teach me a lot a lot.

your post so popular in this forum ...



richtan      ( Date: 14-Aug-2009 14:37) Posted:

Oh yah, and never invest all your cash, preserve some spare cash for those "fire-sales" opportunities and also this must be those tat u can afford to lose, so tat u can sleep peacefully every night


 
 
richtan
    14-Aug-2009 18:54  
Contact    Quote!

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:

Not impressed. Frankly expected better

 
 
richtan
    14-Aug-2009 18:50  
Contact    Quote!

 

 

 

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:



The report is fantastic - 

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  

Well expected the results to be rosy.
Infrastructure is plays important part in a country economy. Without good infrastructure the flow of economy will be affected. Therefore you will see countries investing billions of dollar to improve their country infrastructure. 

For those who Dare and Enter @0.87 today. GOOD Luck :) I think theres a lot of catch up for this stock next week. Maybe $1.00+
I have a very strong feeling this stock will rock over $1.00 Next week.

 

CONGRATS for those who ENTER :)



 

 

 
richtan
    14-Aug-2009 18:44  
Contact    Quote!
U r right, sorry tat I did not elaborate further.

risktaker      ( Date: 14-Aug-2009 18:31) Posted:

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:

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.



 
 
richtan
    14-Aug-2009 18:42  
Contact    Quote!

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:



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!!!

 
 
richtan
    14-Aug-2009 18:35  
Contact    Quote!

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:



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? 

 



Yes 

Second Interim 

Dividend Type Cash 

Dividend amount per share (in cents) 0.50 cent per ordinary share under one-tier system 

 
 
maseratiq
    14-Aug-2009 18:33  
Contact    Quote!


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!!!
 
 
risktaker
    14-Aug-2009 18:31  
Contact    Quote!

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:

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:

Hello Richtan, I know I should not put all in one basket but has to do with  my character, when do something I cannot "fen xin" must do one thing Smiley at a time.

 



 

 
richtan
    14-Aug-2009 18:29  
Contact    Quote!

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:

am very new to stock trading (so called newbiesSmiley), 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 youSmiley



richtan      ( Date: 14-Aug-2009 18:17) Posted:

No point regreting, wat is over is over.

Hope it is a lesson learnt, never haggle n aim to catch the low, leave the last cent to others, if u are confident about the FA n TA, be decisive n just catch the seller at teh price u are comfortable, which is wat I always do, never mind if it later drop or close down a bit, buy with foresight n confidence while at the same time, as TA is not infallibkle, set your stop-loss. 



 
 
Icebergy
    14-Aug-2009 18:25  
Contact    Quote!

am very new to stock trading (so called newbiesSmiley), 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 youSmiley



richtan      ( Date: 14-Aug-2009 18:17) Posted:

No point regreting, wat is over is over.

Hope it is a lesson learnt, never haggle n aim to catch the low, leave the last cent to others, if u are confident about the FA n TA, be decisive n just catch the seller at teh price u are comfortable, which is wat I always do, never mind if it later drop or close down a bit, buy with foresight n confidence while at the same time, as TA is not infallibkle, set your stop-loss. 



Icebergy      ( Date: 14-Aug-2009 17:43) Posted:



wanted to buy another 10lots but i set the price too low.....at last not able to get it. very regret, i was too kiasu liaoSmiley




 
 
richtan
    14-Aug-2009 18:25  
Contact    Quote!

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:

Hello Richtan, I know I should not put all in one basket but has to do with  my character, when do something I cannot "fen xin" must do one thing Smiley at a time.

 



richtan      ( Date: 14-Aug-2009 14:37) Posted:

Oh yah, and never invest all your cash, preserve some spare cash for those "fire-sales" opportunities and also this must be those tat u can afford to lose, so tat u can sleep peacefully every night


 
 
maseratiq
    14-Aug-2009 18:22  
Contact    Quote!


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? 

 



Yes 

Second Interim 

Dividend Type Cash 

Dividend amount per share (in cents) 0.50 cent per ordinary share under one-tier system 
 
 
risktaker
    14-Aug-2009 18:21  
Contact    Quote!

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:

Question: Does the profits included the booked value for their recent projects or does it include only the actual profits as of 2Q?

 
Important: Please read our Terms and Conditions and Privacy Policy .