ShareJunction - Member Posts

x 0

I just read all these broking houses targets just for info with heaps of salt, still believe in dyodd n monitor the chart for reversal sign.

jasontaycs ( Date: 31-Jul-2009 15:52) Posted:

Sorry to burst your bubble but the quoted $1.60 TP and RMB1.56 billion announcement is from March 2008 (http://midas.listedcompany.com/newsroom/Midas_NewsRelease_10Mar08.pdf). Anyway I'm vested and looking to TP of $2.00.

richtan ( Date: 31-Jul-2009 15:07) Posted:

WOW!!! DBSV target of 1.60 is almost doubled the price now.

x 0

Ooops sorry, looking at the STI intraday chart, noticed tat it was during the last one hour tat it was being pushed down. only to be pushed up again towards the close to finished up 23 points., see chart (apparently, the push-up not captured in the chart).

richtan ( Date: 31-Jul-2009 19:00) Posted:

Hi pilotfish,

Yes, I do know tat volume at close is the norm used but I still also pay attention to intraday volume as a gauge of the strength, eg if during the day, the volume keeps increasing with the price but towards the close, the price starts to drop, it tells me tat there is fake pushing of the price down, a trap to create a false impression of down volume, thus why there is such thing as fake candle and such thing as divergence.

To an experienced trader, we monitor the dynamics of the mkt such as the intraday volume to better understand the strength during the trading day n decipher any "play punk" eg look at STI, was up the whole day but during the last 2 hours was being pushed down to almost flat but near closing was being pushed up again.

pilotfish ( Date: 31-Jul-2009 15:26) Posted:

Sorry for the typo. "Got to protect profit" instead of "Got to profit profit".

Hi richtan, Volume during trading is not so critical. Have to confirm after trading day.

US indexex already showed sign of weaknesses.

x 0

Alemak, wat if after heavy lunch, they snooze.... DOW go flat....

foucs6900 ( Date: 31-Jul-2009 22:31) Posted:

They having Tea break now or mayb early lunch........after 12pm US local time......we will see..........up up n away......dun go to Holland can liao.....lol

x 0

WOW!!!

Who ever dare to claim tat they everytime buy at day low and sell at day high

must be "tua-pow-sian" or "how-lian" or some heavenly beings, not mortal beings lor..

kittyhawk ( Date: 31-Jul-2009 22:30) Posted:

aiya nothing unusual....many will post they buy at day low & sell at day high or contra xx lots & earn few hundreds or thousands in minutes.

The thing is why bother to ask? U will never know the truth.

x 0

Alemak, DOW has been sprinting for the past 14 days, surely must squat down to chuan kui mah.

dealer0168 ( Date: 31-Jul-2009 22:11) Posted:

Hahaha, don't tell me American also kiasi liao.......haha

foucs6900 ( Date: 31-Jul-2009 22:09) Posted:

Alreadi out liao lor, is -1% better than expected.....but open red.....green......n nw red........crazy crazy crazy.....very like sporean liao kiasi......

x 0

Hi pilotfish,

Yes, I do know tat volume at close is the norm used but I still also pay attention to intraday volume as a gauge of the strength, eg if during the day, the volume keeps increasing with the price but towards the close, the price starts to drop, it tells me tat there is fake pushing of the price down, a trap to create a false impression of down volume, thus why there is such thing as fake candle and such thing as divergence.

To an experienced trader, we monitor the dynamics of the mkt such as the intraday volume to better understand the strength during the trading day n decipher any "play punk" eg look at STI, was up the whole day but during the last 2 hours was being pushed down to almost flat but near closing was being pushed up again.

pilotfish ( Date: 31-Jul-2009 15:26) Posted:

Sorry for the typo. "Got to protect profit" instead of "Got to profit profit".

Hi richtan, Volume during trading is not so critical. Have to confirm after trading day.

US indexex already showed sign of weaknesses.

pilotfish ( Date: 31-Jul-2009 10:37) Posted:

Thanks richtan

Ya, Got to profit profit as well. Sign of weakness has shown though price may increase.

Just my view

x 0

Hi tedlim_me,

Reward u with good post for your good posting n kind help.

richtan ( Date: 31-Jul-2009 18:41) Posted:

Hi tedlim_me,

Many thanks for answering on my behalf.

So sorry as I was out from 3 pm and just back.

Btw, Sheweli, u can also do a google/yahoo/msn search on any TA terms tat u dun understand, eg "Trailing Stops" and u will find a wealth of info on the net.

The invention of internet is a real marvelous thing, producing a wealth of info which many years ago we could never imagined possible. Now, everything is within the search n click of a mouse.

Still remember, b4 the invention of internet, I had to daily plot the daily OHLC price of the stock I monitor n search TA books for any terms tat I dun understand. Life is easier now, I really wished I was born late to enjoy all this technological advance.

tedlim_me ( Date: 31-Jul-2009 16:06) Posted:

since the master is bz, the wannabe tu di can try.

the meaning - http://www.investopedia.com/terms/t/trailingstop.asp

the techniques- http://www.investopedia.com/articles/trading/03/080603.asp

it's basically taking profits along the way as the mkt rally/corrects/drops. Smiley

x 0

Hi tedlim_me,

Many thanks for answering on my behalf.

So sorry as I was out from 3 pm and just back.

Btw, Sheweli, u can also do a google/yahoo/msn search on any TA terms tat u dun understand, eg "Trailing Stops" and u will find a wealth of info on the net.

The invention of internet is a real marvelous thing, producing a wealth of info which many years ago we could never imagined possible. Now, everything is within the search n click of a mouse.

Still remember, b4 the invention of internet, I had to daily plot the daily OHLC price of the stock I monitor n search TA books for any terms tat I dun understand. Life is easier now, I really wished I was born late to enjoy all this technological advance.

tedlim_me ( Date: 31-Jul-2009 16:06) Posted:

since the master is bz, the wannabe tu di can try.

the meaning - http://www.investopedia.com/terms/t/trailingstop.asp

the techniques- http://www.investopedia.com/articles/trading/03/080603.asp

it's basically taking profits along the way as the mkt rally/corrects/drops. Smiley

shweli ( Date: 31-Jul-2009 15:39) Posted:

Hi richtan,

please teach me abt "trailling stop". I understand it is following below the profit level. Could you please explain with example. I am afraid too much asking.if I am wasting your time, ignore this.

Thanks in advance.

x 0

WOW!!! DBSV target of 1.60 is almost doubled the price now.

richtan ( Date: 31-Jul-2009 14:59) Posted:

WOW!!! even higher than my 1st target of 1.20.

starlene ( Date: 31-Jul-2009 14:57) Posted:

Quote:

Originally Posted by investment

Midas Holdings (BUY; S$0.845; MIDAS SP)
Delivering on new contract win
Price Target : 12-Month S$ 1.60
by: Paul Yong CFA +65 6398 7951

Story: Midas announced last evening that it has been informed by its JV
company, Nanjing SR Puzhen Rail Transport Co., Ltd ("NPRT"), that a
contract to supply metro train cars, valued at RMB1.56 billion has been
awarded by Shanghai Railway Transport Line 2 Eastern Extension Development
Company Limited to NPRT and its consortium partners Shanghai ALSTOM
Transport Electrical Equipment Co., Ltd. and ALSTOM Transport S.A.

Point: Under the terms of the contract, NPRT and its consortium partners
will supply 32 metro train sets (1 train set = 6 train cars) for the
above-mentioned project. This is equivalent to 192 train cars. NPRT has an
estimated 66% share of this contract. This contract is to be fulfilled in
2009 and 2010.

Relevance: As indicated in our last report on 27 Feb, we had indicated that
NPRT should be able to win more projects to add to its order book. With
this win, NPRT's order book swells to over RMB5bn and covers 80pct of our
revenue forecast for NPRT's FY09. This contract win should further
reinforce investors¡¯ confidence in Nanjing Puzhen's long-term prospects.

We continue to like the long-term prospects of Midas. Maintain BUY for
Midas, TP $1.60 based on 24x FY08/09 earnings. Catalysts for re-rating
include the completion of the NELA deal as well as a potential tie-up with
Chinalco.

DBS Vickers

see past comments above..

Its 120mil pte placement at 75.5cts was a roaring success yielding $89.4mil for expansion of is aluminium alloy production capacity and the balance $7.9mil as working capital.Edge magazine and CIMB has been recommending since it was 82cts,today's rise is accomapnied by vol(45mil done as at now

x 0

WOW!!! even higher than my 1st target of 1.20.

starlene ( Date: 31-Jul-2009 14:57) Posted:

Quote:

Originally Posted by investment

Midas Holdings (BUY; S$0.845; MIDAS SP)
Delivering on new contract win
Price Target : 12-Month S$ 1.60
by: Paul Yong CFA +65 6398 7951

Story: Midas announced last evening that it has been informed by its JV
company, Nanjing SR Puzhen Rail Transport Co., Ltd ("NPRT"), that a
contract to supply metro train cars, valued at RMB1.56 billion has been
awarded by Shanghai Railway Transport Line 2 Eastern Extension Development
Company Limited to NPRT and its consortium partners Shanghai ALSTOM
Transport Electrical Equipment Co., Ltd. and ALSTOM Transport S.A.

Point: Under the terms of the contract, NPRT and its consortium partners
will supply 32 metro train sets (1 train set = 6 train cars) for the
above-mentioned project. This is equivalent to 192 train cars. NPRT has an
estimated 66% share of this contract. This contract is to be fulfilled in
2009 and 2010.

Relevance: As indicated in our last report on 27 Feb, we had indicated that
NPRT should be able to win more projects to add to its order book. With
this win, NPRT's order book swells to over RMB5bn and covers 80pct of our
revenue forecast for NPRT's FY09. This contract win should further
reinforce investors¡¯ confidence in Nanjing Puzhen's long-term prospects.

We continue to like the long-term prospects of Midas. Maintain BUY for
Midas, TP $1.60 based on 24x FY08/09 earnings. Catalysts for re-rating
include the completion of the NELA deal as well as a potential tie-up with
Chinalco.

DBS Vickers

see past comments above..

Its 120mil pte placement at 75.5cts was a roaring success yielding $89.4mil for expansion of is aluminium alloy production capacity and the balance $7.9mil as working capital.Edge magazine and CIMB has been recommending since it was 82cts,today's rise is accomapnied by vol(45mil done as at now)

richtan ( Date: 31-Jul-2009 12:30) Posted:

Below is my daily 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.

x 0

WOW!!!! Look at the volume buy-up, shiok....man!!!

SGX

Advanced Search

5EN (MIDAS)

WEIGHTED AVG PRICE : 0.8750 LAST DONE PRICE : 0.880

SPREAD/PRICE RATIO : 0.0057 AVG TRADE SIZE : 57.301

< />

Last Trades Vol BuyVol Mid SellVol

0.850 58 2,038 1,232 0 806

0.855 145 5,759 3,242 0 2,517

0.858 1 2,000 0 2,000 0

0.860 23 1,368 180 0 1,188

0.865 9 2,383 117 0 2,266

0.870 12 2,587 90 0 2,497

0.875 40 3,078 1,352 0 1,726

0.878 1 10 0 10 0

0.880 107 7,272 3,181 0 4,091

0.884 1 40 0 40 0

0.885 367 15,172 4,852 0 10,320

0.888 1 20 0 20 0

0.890 45 4,687 0 0 4,687

TOTAL 810 46,414 14,246 2,070 30,098

richtan ( Date: 31-Jul-2009 14:44) Posted:

Volume now almost 4 times yesterday's volume.

richtan ( Date: 31-Jul-2009 14:09) Posted:

Volume had already exceeded more than doubled yesterday's volume within half day's trading.

x 0

WOW!!!! Look at the volume buy-up. shiok man..

5GJ (AusGroup)

WEIGHTED AVG PRICE : 0.6068 LAST DONE PRICE : 0.610

SPREAD/PRICE RATIO : 0.0082 AVG TRADE SIZE : 61.343

< />

Last Trades Vol BuyVol Mid SellVol

0.600 129 6,390 4,170 0 2,220

0.605 346 21,939 7,974 0 13,965

0.610 128 10,687 1,167 0 9,520

0.615 124 5,673 498 0 5,175

0.620 2 30 0 0 30

TOTAL 729 44,719 13,809 0 30,910

richtan ( Date: 31-Jul-2009 14:42) Posted:

Volume had already exceeded yesterday's volume

richtan ( Date: 31-Jul-2009 14:15) Posted:

Volume had almost equalled yesterday's volume within half day's trading.

x 0

Volume now almost 4 times yesterday's volume.

richtan ( Date: 31-Jul-2009 14:09) Posted:

Volume had already exceeded more than doubled yesterday's volume within half day's trading.

x 0

Volume had already exceeded yesterday's volume

richtan ( Date: 31-Jul-2009 14:15) Posted:

Volume had almost equalled yesterday's volume within half day's trading.

x 0

All Asian indices are up.

Asia

Europe

America

Commodity(** = 30 mins delayed)

Index	Last	Change	%	High	Low	Time
STI	2653.10	16.91	0.64%	2659.45	2644.82	14:38:44
Hangseng	20665.47	431.39	2.13%	20712.66	20494.69	14:38:48
Nikkei225	10356.83	191.62	1.89%	10359.07	10259.57	15:00:40
SSE	3413.11	91.55	2.76%	3413.11	3333.72	14:38:55
KLCI	1175.10	14.44	1.24%	1176.67	1160.66	14:37:15
SET	624.09	2.14	0.34%	629.41	622.12	12:30:14

x 0

Nikkei getting even stronger, on steriods.

richtan ( Date: 31-Jul-2009 11:51) Posted:

Nikkei is very strong now.

x 1

x 0

Below is my daily 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.

x 0

Volume had almost equalled yesterday's volume within half day's trading.

x 0

Volume had already exceeded more than doubled yesterday's volume within half day's trading.

x 0

Below is my daily 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.