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Midas

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richtan
    14-Aug-2009 09:45  
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Dun get emotional, trade based on your chart interpretation, if u cant stomach losses, trhen trading is not for u.

richtan      ( Date: 14-Aug-2009 09:43) Posted:

benny,

Relax lah, keep cool, mkt dun go up in straight line.

Look at the chart, do u see any sell sign, does it cut below the 25ema.

But, this is my view, still dyodd n BOSAYOR.



bennykusman      ( Date: 14-Aug-2009 09:33) Posted:

price drops leh...;


 
 
richtan
    14-Aug-2009 09:43  
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benny,

Relax lah, keep cool, mkt dun go up in straight line.

Look at the chart, do u see any sell sign, does it cut below the 25ema.

But, this is my view, still dyodd n BOSAYOR.



bennykusman      ( Date: 14-Aug-2009 09:33) Posted:

price drops leh...;(

risktaker      ( Date: 14-Aug-2009 09:29) Posted:

Relax ah :) Hold your baby ... Just some filtering


 
 
bennykusman
    14-Aug-2009 09:33  
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price drops leh...;(

risktaker      ( Date: 14-Aug-2009 09:29) Posted:

Relax ah :) Hold your baby ... Just some filtering.

yipyip      ( Date: 14-Aug-2009 08:03) Posted:



From DBS 12Aug09
Target price raised to S$1.10, maintain BUY.

Strong order book and bidding for more contracts:

With an order book of RMB1.5bn to fulfill from 2Q09
onwards, Midas’ aluminium extrusion lines (including the
3rd line) are already fully booked until the end of 2010.
The Group is also bidding for more contracts as China
continues to spend on developing its railway system. At
the same time, Midas’ associate Nanjing Puzhen* (NPRT)
also has a strong order book of RMB4.5bn and is gunning
for more projects in various cities........


*Midas holds 32.5% equity stake in Nanjing SR Puzhen
Rail Transport Co., Ltd (NPRT) which is one of only
four rolling stock companies licensed to undertake metro
projects in the PRC on a nationwide basis.
http://www.midas.com.sg/corporate/structure_g.aspx

 


 

 
risktaker
    14-Aug-2009 09:29  
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Relax ah :) Hold your baby ... Just some filtering.

yipyip      ( Date: 14-Aug-2009 08:03) Posted:



From DBS 12Aug09
Target price raised to S$1.10, maintain BUY.

Strong order book and bidding for more contracts:

With an order book of RMB1.5bn to fulfill from 2Q09
onwards, Midas’ aluminium extrusion lines (including the
3rd line) are already fully booked until the end of 2010.
The Group is also bidding for more contracts as China
continues to spend on developing its railway system. At
the same time, Midas’ associate Nanjing Puzhen* (NPRT)
also has a strong order book of RMB4.5bn and is gunning
for more projects in various cities........


*Midas holds 32.5% equity stake in Nanjing SR Puzhen
Rail Transport Co., Ltd (NPRT) which is one of only
four rolling stock companies licensed to undertake metro
projects in the PRC on a nationwide basis.
http://www.midas.com.sg/corporate/structure_g.aspx

 

 
 
yipyip
    14-Aug-2009 08:03  
Contact    Quote!


From DBS 12Aug09
Target price raised to S$1.10, maintain BUY.

Strong order book and bidding for more contracts:

With an order book of RMB1.5bn to fulfill from 2Q09
onwards, Midas’ aluminium extrusion lines (including the
3rd line) are already fully booked until the end of 2010.
The Group is also bidding for more contracts as China
continues to spend on developing its railway system. At
the same time, Midas’ associate Nanjing Puzhen* (NPRT)
also has a strong order book of RMB4.5bn and is gunning
for more projects in various cities........


*Midas holds 32.5% equity stake in Nanjing SR Puzhen
Rail Transport Co., Ltd (NPRT) which is one of only
four rolling stock companies licensed to undertake metro
projects in the PRC on a nationwide basis.
http://www.midas.com.sg/corporate/structure_g.aspx

 
 
 
ronleech
    14-Aug-2009 07:51  
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Base on Tan's chart, should hit above 90 today and station there...
 

 
bennykusman
    13-Aug-2009 23:12  
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thanks! great!

richtan      ( Date: 13-Aug-2009 23:05) Posted:

U can download the free version from http://www.chartnexus.com/

bennykusman      ( Date: 13-Aug-2009 22:56) Posted:

hi richtan,

 

may i know what software u use to draw the chart ? i want to try it too.. 



 
 
richtan
    13-Aug-2009 23:05  
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U can download the free version from http://www.chartnexus.com/

bennykusman      ( Date: 13-Aug-2009 22:56) Posted:

hi richtan,

 

may i know what software u use to draw the chart ? i want to try it too.. 



richtan      ( Date: 13-Aug-2009 22:46) Posted:



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.



 
 
richtan
    13-Aug-2009 23:02  
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Nah... dun thanks me.

Must dyodd n BOSAYOR.

Take responsibility for your own trades , not bcos u are swayed by my postings as I might be wrong as TA is not infallible.

Remember to set your stop-loss (Remember the 3 golden mantras by heart).

Personally, for me, I set my stop-loss (not really stop-loss but take profit) and exit the next day if it close below the 25ema.

But do not follow my stop-loss blindly, it also depends on your risk-aversion level,



bennykusman      ( Date: 13-Aug-2009 22:53) Posted:

thanks rich.. will enter tomorrow.. hope will improve my daily lunch from the profit..

richtan      ( Date: 13-Aug-2009 22:51) Posted:

Hi benny,

Yes, it is.

Take your time to read thru this whole thread to know the FA, the streams of contracts awarded and more to come with China's stimulus spending on infrastruture.

Wat is left only is timing entry n exit with TA.



 
 
bennykusman
    13-Aug-2009 22:56  
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hi richtan,

 

may i know what software u use to draw the chart ? i want to try it too.. 



richtan      ( Date: 13-Aug-2009 22:46) Posted:



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.


 

 
richtan
    13-Aug-2009 22:53  
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I share the same view as u.

ozone2002      ( Date: 13-Aug-2009 22:49) Posted:



Looking at the chart today..the down bar is small.. and vol is light..

the way i interpret is that the professional money is not selling cos the vol is light.. and the small range down bar means that they are accumulating at this small price range to get a competitive price for the push up...

 

Can anyone confirm if MIDAS is reporting results tomorrow?

DYODD

 
 
bennykusman
    13-Aug-2009 22:53  
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thanks rich.. will enter tomorrow.. hope will improve my daily lunch from the profit..

richtan      ( Date: 13-Aug-2009 22:51) Posted:

Hi benny,

Yes, it is.

Take your time to read thru this whole thread to know the FA, the streams of contracts awarded and more to come with China's stimulus spending on infrastruture.

Wat is left only is timing entry n exit with TA.



bennykusman      ( Date: 13-Aug-2009 22:47) Posted:

are you sure ?


 
 
richtan
    13-Aug-2009 22:51  
Contact    Quote!

Hi benny,

Yes, it is.

Take your time to read thru this whole thread to know the FA, the streams of contracts awarded and more to come with China's stimulus spending on infrastruture.

Wat is left only is timing entry n exit with TA.



bennykusman      ( Date: 13-Aug-2009 22:47) Posted:

are you sure ??

tonylim      ( Date: 13-Aug-2009 20:37) Posted:

This is a solid company with sound fundamentals and strong management.  Should be hitting above $1 soon.  Going to announce a slew of new contracts !



 
 
ozone2002
    13-Aug-2009 22:49  
Contact    Quote!


Looking at the chart today..the down bar is small.. and vol is light..

the way i interpret is that the professional money is not selling cos the vol is light.. and the small range down bar means that they are accumulating at this small price range to get a competitive price for the push up...

 

Can anyone confirm if MIDAS is reporting results tomorrow?

DYODD
 
 
bennykusman
    13-Aug-2009 22:47  
Contact    Quote!
are you sure ??

tonylim      ( Date: 13-Aug-2009 20:37) Posted:

This is a solid company with sound fundamentals and strong management.  Should be hitting above $1 soon.  Going to announce a slew of new contracts !



risktaker      ( Date: 13-Aug-2009 19:13) Posted:

For those who PM me enter 0.89

Congrats :) Do not Contra out your midas tomorrow - Wait for Saturday PM Lee Rally :) "Something good"



 

 
richtan
    13-Aug-2009 22:46  
Contact    Quote!


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.

 
 
tonylim
    13-Aug-2009 20:37  
Contact    Quote!

This is a solid company with sound fundamentals and strong management.  Should be hitting above $1 soon.  Going to announce a slew of new contracts !



risktaker      ( Date: 13-Aug-2009 19:13) Posted:

For those who PM me enter 0.89

Congrats :) Do not Contra out your midas tomorrow - Wait for Saturday PM Lee Rally :) "Something good"



richtan      ( Date: 13-Aug-2009 18:35) Posted:

Shouldn't be a worry, sweet dreams tonite


 
 
risktaker
    13-Aug-2009 19:13  
Contact    Quote!

For those who PM me enter 0.89

Congrats :) Do not Contra out your midas tomorrow - Wait for Saturday PM Lee Rally :) "Something good"



richtan      ( Date: 13-Aug-2009 18:35) Posted:

Shouldn't be a worry, sweet dreams tonite.

dealer0168      ( Date: 13-Aug-2009 18:28) Posted:



Tomorrow should be above $0.90 (since the results out tomorrow right should be a GOOD one) Smiley

 


 
 
richtan
    13-Aug-2009 18:35  
Contact    Quote!
Shouldn't be a worry, sweet dreams tonite.

dealer0168      ( Date: 13-Aug-2009 18:28) Posted:



Tomorrow should be above $0.90 (since the results out tomorrow right should be a GOOD one) Smiley

 

 
 
dealer0168
    13-Aug-2009 18:28  
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Tomorrow should be above $0.90 (since the results out tomorrow right should be a GOOD one) Smiley

 
 
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