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Midas

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richtan
    13-Aug-2009 00:01  
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Look at my cahrt n commemtary n u decide.

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.



tea444u      ( Date: 12-Aug-2009 15:21) Posted:



no i haf not bot any yet. Wondering if the price is safe for me to go in.

can any advise? thank u risktaker.

 
 
ozone2002
    12-Aug-2009 22:55  
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will check tmr vol to see whether to average up.. :)

ozone2002      ( Date: 12-Aug-2009 09:05) Posted:

MIDAS vol looks good today..vested for a quick scalp 86c

 
 
dealer0168
    12-Aug-2009 20:24  
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Result coming out soon. Buy b4 it is announced.

 
 

 
knightbridge
    12-Aug-2009 20:18  
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Becoming a market daring soon sweet.. Better if can rise in percentage term like osim 8 fold from march 2009.

Congrats all midas investors.. cheers to china railway spending... China need to improve the railway system badly, 1billion population... Still got alot of opportunity...

Big railway manufacturers are monitoring midas i think... Maybe will be a target for takeover in the mid to longer term based on the business model...
 
 
risktaker
    12-Aug-2009 17:42  
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Just buy and pay up. No contra if u want to earn big. I cant tell you too much details about the trick they are doing as it is against them and i cant reveal it. Only hint is Pay up and u earn big.



richtan      ( Date: 12-Aug-2009 14:09) Posted:

U r most welcome, but IMO, dun be too eager to let go yet till u spotted any reversal sign.

Remember, wat is o/b can be even more o/b.

Remember my 3 golden mantras.

But dyodd n BOSAYOR.

Lets Huat Ahhhhh.... together.



fartist      ( Date: 12-Aug-2009 14:06) Posted:



THANK YOU RICHTAN! :D

 


 
 
solar2008
    12-Aug-2009 17:03  
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no doubt tomorrow going to open higher.

risktaker      ( Date: 12-Aug-2009 15:38) Posted:



if today cant hit 0.90 provided it manage to close at 0.88++
Tomorrow most likely it will open above 0.90

Everyone vested in Midas prepare to win big :)

 

 
risktaker
    12-Aug-2009 15:38  
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if today cant hit 0.90 provided it manage to close at 0.88++
Tomorrow most likely it will open above 0.90

Everyone vested in Midas prepare to win big :)
 
 
yipyip
    12-Aug-2009 15:22  
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WoW!

Expanding for a golden future

Target price raised to S$1.10, maintain BUY. We
raise our target price for Midas to S$1.10, based on 20x
FY10 earnings, at a 20% discount to its HK-listed train
and parts manufacturing peers. 20x PE is also
undemanding against Midas’ 25% EPS CAGR over
FY08-FY12, which translates to 0.8x PEG.

• We paid a visit to Midas’ aluminium extrusion
plants in Jilin and to NPRT’s plant in Nanjing

• NPRT is ramping up production to meet its
delivery schedule whilst Midas’ core business is
expanding aggressively to meet firm demand

• Strong order books underpin earnings visibility
with potential for much more contract wins

Source: Bloomberg, DBS Vickers 12Aug2009
 
 
tea444u
    12-Aug-2009 15:21  
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no i haf not bot any yet. Wondering if the price is safe for me to go in.

can any advise? thank u risktaker.
 
 
risktaker
    12-Aug-2009 15:19  
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dont panic.. when it drop :) HOLD

risktaker      ( Date: 12-Aug-2009 15:16) Posted:

0.88 its just started :)

tea444u      ( Date: 12-Aug-2009 15:10) Posted:

CAN still buy at 88?


 

 
risktaker
    12-Aug-2009 15:16  
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0.88 its just started :)

tea444u      ( Date: 12-Aug-2009 15:10) Posted:

CAN still buy at 88?

 
 
tea444u
    12-Aug-2009 15:10  
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CAN still buy at 88?
 
 
richtan
    12-Aug-2009 14:12  
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Btw, did u also buy Ausgroup, I had hinted in my posts for the past few days.

richtan      ( Date: 12-Aug-2009 14:09) Posted:

U r most welcome, but IMO, dun be too eager to let go yet till u spotted any reversal sign.

Remember, wat is o/b can be even more o/b.

Remember my 3 golden mantras.

But dyodd n BOSAYOR.

Lets Huat Ahhhhh.... together.



fartist      ( Date: 12-Aug-2009 14:06) Posted:



THANK YOU RICHTAN! :D

 


 
 
JJSeng
    12-Aug-2009 14:10  
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Ole! ole! oleI ole!  moving very fast
 
 
richtan
    12-Aug-2009 14:09  
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U r most welcome, but IMO, dun be too eager to let go yet till u spotted any reversal sign.

Remember, wat is o/b can be even more o/b.

Remember my 3 golden mantras.

But dyodd n BOSAYOR.

Lets Huat Ahhhhh.... together.



fartist      ( Date: 12-Aug-2009 14:06) Posted:



THANK YOU RICHTAN! :D

 

 

 
fartist
    12-Aug-2009 14:06  
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THANK YOU RICHTAN! :D

 
 
 
risktaker
    12-Aug-2009 10:37  
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Hey..... I hear from my friend, the results release gonna have new winning contract too. Look out for release announcement soon.
 
 
dealer0168
    12-Aug-2009 10:26  
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Midas Holdings (MIDAS SP), a supplier of aluminum extrusion profiles for train carriages, gained 3.6% to 87.5 cents. DBS Group Holdings raised its share price estimate to S$1.10 from 93 cents and maintained its “buy” rating, saying its order book of about 1.5 billion yuan will boost earnings in the next two years
 
 
risktaker
    12-Aug-2009 09:39  
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it might close @ 0.915 or 0.920 today. 
 
 
risktaker
    12-Aug-2009 09:29  
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Hold . Its only half time :) at least another 5 cents to 9 cents more.

richtan      ( Date: 12-Aug-2009 09:23) Posted:



 

 

 

Congrats especially to those who followed my chart analysis and dared to buy last Fri when it presents one of the best opportunity when it bounced off the amaxingly strong magical 25ema which had been providing tat magical support since 8/6/09.

Today's vol into 20 mins of trading had aredi exceeded yesterday's vol.

Once it breaks above the recent high at 89, it will head towards 1.19 with some minor resistance at 91.5 n 1.02

Trade Summary shows extremely heavy buying up:
5EN (MIDAS)


 WEIGHTED AVG PRICE :  0.8725   LAST DONE PRICE :  0.890 
 SPREAD/PRICE RATIO :  0.0056   AVG TRADE SIZE :  67.186 
< />
Last Trades Vol BuyVol Mid SellVol
0.850 19 1,823 1,543 0 280
0.851 2 335 0 335 0
0.855 6 442 11 0 431
0.860 26 2,273 634 270 1,369
0.865 69 2,906 257 5 2,644
0.870 12 1,370 321 0 1,049
0.873 1 30 0 30 0
0.875 67 5,036 1,714 0 3,322
0.880 27 3,181 749 0 2,432
0.885 103 5,532 251 0 5,281
0.890 12 184 0 0 184
TOTAL 344 23,112 5,480 640 16,992


 

 
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