






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)
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Good day to all,
With respect to the book closure date and dividend payable date:
Record Date: 25/08/2009
Record Time:17:00
Date Paid/Payable: 09/09/2009
I have a newbie qns. Must I still be holding the stock on 9 Sep 09 in order to be entitled for the dividend or I can sell off after 25 Aug 09 and still be entitled?
Thanks

BT: BROKERS' RECOMMENDATIONS (Source: Reuters)
Midas Hldgs Ltd
Consensus Recommendation*:
This Week: 1.33*
Last Month: 1.67*
Mean target price: SGD$1.01
Fri's price: SGD$0.825
Forecast EPS (cents): 4.15
Forecast PE (ratio): 20.24
No of Ests: 6
*LEGEND for consensus recommendation:
*Less than or equal to 1.5 Buy
*Less than or equal to 2.5 but more than 1.5 Outperform
*Less than or equal to 3.5 but more than 2.5 Hold
*Less than or equal to 4.5 but more than 3.5 Underperform
*More than 4.5 Sell
Midas look pretty strong today. Jus hit 0.88.
MIDAS vol looks good today..vested for a quick scalp 86c
Reported China intends to spend $293billion on railways..Midas may benefit in supplying aluminium frames...
richtan ( Date: 11-Aug-2009 18:44) Posted:
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Net profit is alot if increased by that percentage. It is very significant. The expansion of thier manufacturing line will further boost thier revenue & profit.
ronleech ( Date: 11-Aug-2009 21:47) Posted:
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hmm....50% compare to last year...i guess still making money
After book of closure its the next day will be the releasing of the Q2 results. I am looking at an increase of 16%-32% of profit. So most likely it will be Wednesday ! Q2 will be out.
risktaker ( Date: 11-Aug-2009 21:23) Posted:
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Notice Of Book Closure Date For Dividend
1st Interim Dividend (one-tier exempt) of 0.25 cent per ordinary share for the financial year ending 31 December 2009
Record Date | 25/08/2009 |
Record Time | 17:00 |
Date Paid/Payable (if applicable) | 09/09/2009 |
Record Date: 25/08/2009
Record Time:17:00
Date Paid/Payable: 09/09/2009
NOTICE IS HEREBY GIVEN that the Share Transfer Books and Register of Members of the Company will be closed on 26 August 2009 on which day no share transfer will be effected.
Duly completed registrable transfers received by the Company's Share Registrar, Intertrust Singapore Corporate Services Pte. Ltd., 3 Anson Road, #27-01 Springleaf Tower, Singapore 079909 up to the close of business at 5.00 p.m. on 25 August 2009 will be registered to determine shareholders' entitlements to the 1st interim dividend.
In respect of ordinary shares in securities accounts with The Central Depository (Pte) Ltd ("CDP"), the 1st interim dividend will be paid by the Bank to CDP which will, in turn, distribute the dividend to holders of the securities accounts.
very interesting, I am thinking of longing it for 2 years :)
yipyip ( Date: 08-Aug-2009 19:28) Posted:
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Once Q2 results releases you will expect it to go up at least 8 cents to 14 cents. The Q2 results are quite significant.
Good luck.
richtan ( Date: 11-Aug-2009 18:40) Posted:
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Midas today formed a bullish harami and above the amazing strong support of 15ema n 25ema.
Philips Securities n OCBC Securities reports shows this Fri, but dun know is it b4 mkt start or after mkt close.
risktaker ( Date: 11-Aug-2009 16:22) Posted:
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The results should be out Tomorrow or Thursday. Latest Friday.
But I have a strong feeling it will be out on Thursday. :)
richtan ( Date: 11-Aug-2009 15:00) Posted:
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I really dun know, not stated in their reports.
solar2008 ( Date: 11-Aug-2009 14:52) Posted:
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after trading hour or before open on 08/14?
richtan ( Date: 11-Aug-2009 14:29) Posted:
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Philip Securities Research also shows MIdas report on 14/8, ie, this Fri
richtan ( Date: 11-Aug-2009 11:22) Posted:
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richtan Elite |
Posted: 05-Aug-2009 17:27 Contact richtan * Quote this Post! |
![]() ![]() * Alert Admin |
Saw from OCBC Securities daily 'Mkt Pulse" calender, MIdas report on 14/8, ie, next Fri |
richtan ( Date: 11-Aug-2009 11:03) Posted:
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This is good news for Midas n in fact foreseen and known eversince the China's domestic stimulus spending mostly on infrastruture.
pasttime ( Date: 11-Aug-2009 10:12) Posted:
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