Post Reply
9821-9840 of 10484
maybe the roti prata man gave u a bad post.. after we exposed his deceptive ploy in ripping off innocent roti prata lovers..
Shortist did it, I'd guess.
Don't worry about it too much la...shortist are actually good for the system. Without them, who to cover short and raise back the price when longist buy on dips?
I've never shorted and probably never will. However, I will see it as part and parcel of the whole system.
totally support you!!! Watever info , chart etc is just a guide oni, final decision is still on ownself!!! Buy at own risk, own judgement and hw deep is own Bank!!!!!
Those ppl lose $ liao n blame on others, pls dun read n trade anymore......Cheeers richtan life goes on....
I had lodged a complaint to admin on the indiscriminate abuse of the rating system which makes a mockery of the rating system.
I hope fellow forumers who agree with me tat this is a blatant abuse, show me your support by similarly lodge a complaint to admin,
so tat admin can take the appropriate action..
richtan ( Date: 02-Jul-2009 09:31) Posted:
|
Hi maseratiq n fellow forumers,
Do u all think this sharing of my chart analysis deserves a "bad rating".
If u think it deserves better, show me your support to motivate me n boost my morale though I ignore tat "bad rating" which must be an act of an insane mind or TA detractors who can't exchange pointers n add-value to all forumers here.
richtan ( Date: 01-Jul-2009 22:47) Posted:
|
Hi maseratiq,
If u had diligently follow n read this thread, u sholud have noticed tat I had made a posting quoting some broking houses mentioning tat Midas had more contracts coming.
U must look at the whole mkt in perspective, given tat the whole mkt had been correcting for the last 2 weeks, this is considered already exceptionally good for Midas.
See my chart commentaries:
|
|
|
|
You have my vote....good vote. Keep it up. Depending on you man!!!
Congrats to those having n holding onto Midas. 
If Midas break through the high of 83.5 (resistance) on 30/6, 83.5 would possibly turned into a support n next resistance at 84.5 (close on 10/3/2008)
which will ultimately be broken in due time even though it might pose as short-term resistance.
Once nroken, next resistance at 1.13 (17/8/2007).
richtan ( Date: 01-Jul-2009 22:47) Posted:
|
Hi maseratiq,
If u had diligently follow n read this thread, u sholud have noticed tat I had made a posting quoting some broking houses mentioning tat Midas had more contracts coming.
U must look at the whole mkt in perspective, given tat the whole mkt had been correcting for the last 2 weeks, this is considered already exceptionally good for Midas.
See my chart commentaries:
maseratiq ( Date: 01-Jul-2009 18:58) Posted:
Hi Rich Tan,
I've been rolling over Midas, with considerable success, but today sold only and never bought.
The reason is I'm worried that the news from the company will dry up.
However, I just saw from this Forum that Midas has won another 2 contracts (announced before lunch and I was not aware of it then - given that if I'd known, I'd have bought more today).
The question now is - why didn't Midas move in tandem with the good news?
Thanks for all your advise.
Btw, still vested at 60s. |
|
|
|
Hi maseratiq n fellow forumers,
Do u all think this sharing of my chart analysis deserves a "bad rating".
If u think it deserves better, show me your support to motivate me n boost my morale though I ignore tat "bad rating" which must be an act of an insane mind or TA detractors who can't exchange pointers n add-value to all forumers here.
richtan ( Date: 01-Jul-2009 22:47) Posted:
|
Hi maseratiq,
If u had diligently follow n read this thread, u sholud have noticed tat I had made a posting quoting some broking houses mentioning tat Midas had more contracts coming.
U must look at the whole mkt in perspective, given tat the whole mkt had been correcting for the last 2 weeks, this is considered already exceptionally good for Midas.
See my chart commentaries:
maseratiq ( Date: 01-Jul-2009 18:58) Posted:
Hi Rich Tan,
I've been rolling over Midas, with considerable success, but today sold only and never bought.
The reason is I'm worried that the news from the company will dry up.
However, I just saw from this Forum that Midas has won another 2 contracts (announced before lunch and I was not aware of it then - given that if I'd known, I'd have bought more today).
The question now is - why didn't Midas move in tandem with the good news?
Thanks for all your advise.
Btw, still vested at 60s. |
|
|
|
It never fails to amuse me tat such factual posting is given "bad rating"...hahahaha.. 
This is obviously abuse of the rating system and act of a psycho mind n makes himself/herself a laughing stock.
I already mentioned it doesn't bother me the slightest bit but instead will spur me to add more value to this forum as this is just noises n act of insane mind.
.
richtan ( Date: 02-Jul-2009 02:28) Posted:
|
From DBSV:
Midas announces move into downstream fabrication with 2 contracts worth RMB73.8m
Midas announced that it has won two downstream fabrication contracts worth RMB73.8m (RMB23m for
extrusion profiles and RMB50.8m for processing fees) to supply specialised fabricated aluminium extrusion
profiles for train car bodies and curved surface profiles for driver's cabins for the CHR3 project.
The contracts were awarded by Tangshan Railway Vehicles and is scheduled for delivery from 2H09 to 2011.
This represents Midas' first contract win in the downstream fabrication business, which the company
has been trying to gain certification for.
Midas could win more downstream fabrication contracts from its existing customers (railcar companies)
and new customers (new products) as it continues to expand its fabrication capacity and capabilities.
This could lead to both revenue and margin expansion, as downstream fabrication typically has higher margins.
Currently, we have not factored in any contributions from its downstreamfabrication business.
As the contract win is rather small (RMB74m compared to current order book of RMB1.3bn), we maintain our
estimates for now.
We are planning a visit to Midas' plant in Jilin later this month, which will include visiting both the upcoming
third aluminium extrusion line as well as its fabrication facilities (to assess the revenue potential) following which,
we may review our numbers if we believe Midas can win substantially more contracts in the downstream fabrication business.
Maintain BUY, TP S$0.93, based on 15x FY10 earnings. |
|
Wow! its flying again....
if the roti prata man is smarter, i bet he would IPO his company just like old chang kee..
i don't mind being the underwriter for him man..keke
CWQuah ( Date: 01-Jul-2009 18:15) Posted:
|
Hahahahaha! Spot on! Ozone, you really tickle me! One of the funniest and best posts I've seen.
Having said that, wonder whether there's been any statistical survey done on hawkers... i.e percentage of them owning limousines?
Some stalls certainly can generate more than $700-800 turnover a day.
ozone2002 ( Date: 01-Jul-2009 15:46) Posted:
i think the roti prata man smarter..
dough <10c
selling price $1
profit 900%
|
|
|
|
Everything it touched turns into GOLD! More golden future, I hope....:)
From DBSV:
Midas announces move into downstream fabrication with 2 contracts worth RMB73.8m
Midas announced that it has won two downstream fabrication contracts worth RMB73.8m (RMB23m for
extrusion profiles and RMB50.8m for processing fees) to supply specialised fabricated aluminium extrusion
profiles for train car bodies and curved surface profiles for driver's cabins for the CHR3 project.
The contracts were awarded by Tangshan Railway Vehicles and is scheduled for delivery from 2H09 to 2011.
This represents Midas' first contract win in the downstream fabrication business, which the company
has been trying to gain certification for.
Midas could win more downstream fabrication contracts from its existing customers (railcar companies)
and new customers (new products) as it continues to expand its fabrication capacity and capabilities.
This could lead to both revenue and margin expansion, as downstream fabrication typically has higher margins.
Currently, we have not factored in any contributions from its downstreamfabrication business.
As the contract win is rather small (RMB74m compared to current order book of RMB1.3bn), we maintain our
estimates for now.
We are planning a visit to Midas' plant in Jilin later this month, which will include visiting both the upcoming
third aluminium extrusion line as well as its fabrication facilities (to assess the revenue potential) following which,
we may review our numbers if we believe Midas can win substantially more contracts in the downstream fabrication business.
Maintain BUY, TP S$0.93, based on 15x FY10 earnings.
Whether u want to buy tomoro or later or wait for possibilty of pullbacks, there is no fixed answer, u need to decide yourself.
If u buy now, can u stomach the corrections, prepared to set stop-losses, depending on wat is your threshold of pain or u can ride thru the corrections for the mid to long term as an investor or go in, get out as a trader.
maseratiq ( Date: 01-Jul-2009 18:58) Posted:
Hi Rich Tan,
I've been rolling over Midas, with considerable success, but today sold only and never bought.
The reason is I'm worried that the news from the company will dry up.
However, I just saw from this Forum that Midas has won another 2 contracts (announced before lunch and I was not aware of it then - given that if I'd known, I'd have bought more today).
The question now is - why didn't Midas move in tandem with the good news?
Thanks for all your advise.
Btw, still vested at 60s. |
|
Hi maseratiq,
If u had diligently follow n read this thread, u sholud have noticed tat I had made a posting quoting some broking houses mentioning tat Midas had more contracts coming.
U must look at the whole mkt in perspective, given tat the whole mkt had been correcting for the last 2 weeks, this is considered already exceptionally good for Midas.
See my chart commentaries:
maseratiq ( Date: 01-Jul-2009 18:58) Posted:
Hi Rich Tan,
I've been rolling over Midas, with considerable success, but today sold only and never bought.
The reason is I'm worried that the news from the company will dry up.
However, I just saw from this Forum that Midas has won another 2 contracts (announced before lunch and I was not aware of it then - given that if I'd known, I'd have bought more today).
The question now is - why didn't Midas move in tandem with the good news?
Thanks for all your advise.
Btw, still vested at 60s. |
|
My rational on Midas, still can go higher. With all the contracts in the bag.... Some of the bigger companies with alot of excess production capacity will be eyeing on Midas...
What better way to boost turnover, by buying a company with a huge secure book order in current market or merger to create synergies.... ( Likely to be a takeover target soon)
Midas staff must be working overtime round the clock with so many order in hand..
Hi Rich Tan,
I've been rolling over Midas, with considerable success, but today sold only and never bought.
The reason is I'm worried that the news from the company will dry up.
However, I just saw from this Forum that Midas has won another 2 contracts (announced before lunch and I was not aware of it then - given that if I'd known, I'd have bought more today).
The question now is - why didn't Midas move in tandem with the good news?
Thanks for all your advise.
Btw, still vested at 60s.
Of course lah, dun just listen to analyst blindly, must dyodd, study the charts, plan your trade n trade your plan.
178investors ( Date: 01-Jul-2009 15:10) Posted:
The last 2 yrs had taught many of us useful lessons about consecutive new contract announcements pushed out by companies and analysts' upgrades then. Many were subsequently disappointed by those analysts. Many forumers said analysts were on same level as intelligence like the roti-prata man. When roti-prata man call buy, consider selling and vice versa. When companies continue to announce many contracts in a short period of time, beware. Think "cosco". blink-blink!
Not to pour cold water on midas.. jus be careful. |
|
Can't be 900%, u haven't factor in rental, gas, cooking oil, eggs, dish washing liquid, electricity ,water n any other miscellaneous bills, whether is it a one-man show or with employee (wages)
ozone2002 ( Date: 01-Jul-2009 15:46) Posted:
i think the roti prata man smarter..
dough <10c
selling price $1
profit 900%
|
|
Hahahahaha! Spot on! Ozone, you really tickle me! One of the funniest and best posts I've seen.
Having said that, wonder whether there's been any statistical survey done on hawkers... i.e percentage of them owning limousines?
Some stalls certainly can generate more than $700-800 turnover a day.
ozone2002 ( Date: 01-Jul-2009 15:46) Posted:
i think the roti prata man smarter..
dough <10c
selling price $1
profit 900%
|
|
ozone2002 ( Date: 01-Jul-2009 15:46) Posted:
i think the roti prata man smarter..
dough <10c
selling price $1
profit 900%
|
|
