 x 0
 x 0
|
This is a good stock to invest and to keep in the long run.
aircraft ( Date: 17-Sep-2009 16:59) Posted:
| I'm only a small timer lah, earn less than $20k. The 1st Ezra lot I bought was $2.90 , luckily managed to average down throughout the year, esp. during when it's only $0.50 per lot.
|
|
|
|
Good Post
Bad Post
|
x 2
x 0
|
What risktaker said about BB's manupulation can also happen to other stocks. But why Midas in particular? Be patient, and you should reap your profit before year end.
risktaker ( Date: 17-Sep-2009 18:48) Posted:
Monday Jim brought 20 lots @ 0.85 (How many buyers are like Jim)
Tuesday Jenny Brought 10 lots @ 0.86 (How many buyers are like jenny)
Remember there are big time contra player as well.
Wednesday BB Pump it up to $0.89 - Those contra players who brought yesterday = confirm dead. If BB want them dead.
More people chase @ $0.88 , $0.87 because somehow the charge shows that the trend and direction = positively up.
Thursday BB pressure it to 0.86 -0.87 range Jim & Jenny still can make money if he exit today
Friday BB Pump a little up $0.87. People chase again. What if BB short it down to 0.84 within few throws and all they have to do is hold it for 2 days next week (Tuesday and Wednesday). All Contra players will lose money. The BB of course have to make money la. so it is eventually the Contra player that will pay BB profit.
Now ask yourself if that make sense.
In shares If you win, someone will lose thats the balance law.
|
|
|
|
Good Post
Bad Post
|
x 1
x 0
|
You should not unload before the release of the next results in Nov. Read this :
MIDAS-Buy Now,unlikly lose $$$ next 3 months
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)
|
starlene ( Date: 15-Sep-2009 17:04) Posted:
| Sold off 84.5cts > 2 weeks still around this price,switch to Sinotel 58 to 61cts reap good return ..very very slow for MIDAS |
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
This stock is worth investing on medium and long term : stable, good governance, strong fundamentals and good dividents
|
|
Good Post
Bad Post
|
x 1
x 0
|
Yes, time to accumulate before it touches $2.80.
Little downside and very good dividends.
ongkk96 ( Date: 14-Sep-2009 11:56) Posted:
| look complicated, but it is time to accumulate |
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Firstly, it is not profitable for some years to come. Secondly, the right issue is not attractive. Thirdly, no dividents for quite some time. Why waste time on this counter?
mortal_azazel ( Date: 14-Sep-2009 11:28) Posted:
Why it will drift? But seems like many ppl try to sell it off.... is it because the right issue is not attractive? |
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
As mentioned before, take profit and switch to more stable and growth counters like Boustead, Ezra, Midas, Tat Hong and Ezion
iPunter ( Date: 14-Sep-2009 11:24) Posted:
It may drift lower towards the rights price...
.85 would be a good entry point to buy...
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Overbought or not, this counter will move above $2 easily. So, no need to panic and short sellers do so at their own perils.
DnApeh ( Date: 14-Sep-2009 10:53) Posted:
please don't. please,please,please!
ozone2002 ( Date: 14-Sep-2009 10:50) Posted:
| short ezra.. looking overbought.. |
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Very good dividend yield and many bought at $1/= . Buy and accumulate this stock. It has undergone some restructuring and is poised to move forward
starlene ( Date: 06-Aug-2009 23:54) Posted:
Sigh.....shd have collected > when it was 6-7.5cts from Jan 2009-March 2009....wil Global Inv doubled its price once break 20cts convincingly
jackjames ( Date: 03-Nov-2008 15:14) Posted:
|
that is something new to me...
this is an Australian company, isn't it? any more story about this company? the price is cheap though..
look at synear, sinotech, all the 14 cents stock all up to 20 cents now.., (although the business nature are way different), but we are talking about the cycle.. to up to 15 cents is just as easy as flipping hands.. but, worth a bet? |
|
|
|
|
|
Good Post
Bad Post
|
x 1
x 0
|
Lock your this midas stock for a while and let it grow. No need to monitor dialy and get panicky, as you may unload at the wrong time. This stock has little downside - so no need to worry and be patient.
bennykusman ( Date: 11-Sep-2009 16:10) Posted:
not showing ler... ;(
ozone2002 ( Date: 11-Sep-2009 15:22) Posted:
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Game is over for Genting. Take profit and switch to Midas, Ezra, Boustead, Hiap Seng, Ezion and Hotung
teeth53 ( Date: 11-Sep-2009 18:55) Posted:
Just FYI oni: http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_8D4DCC5D4D38B43B4825762C00251C29/$file/Announcement-RightsIssueAndAIP.pdf?openelementIndicative Timetable. The provisional allotments of Rights Shares may be accepted and applications for excess Rights Shares may be made commencing from 9.00 a.m. on 28 September 2009 and ending at 5.00 p.m. (or 9.30 p.m. for acceptances and applications through ATMs of participating banks) on 12 October 2009. An indicative timetable for the Rights Issue is set out below (all references are to Singapore dates and times):
3.2
Shares trade ex-Rights : Friday, 18 September 2009 from 9.00 a.m.
Books Closure Date : Wednesday, 23 September 2009 at 5.00 p.m.
Despatch of the Offer Information Statement, the ARE and the PAL (as the case may be) to Entitled Depositors and Entitled Shareholders: Monday, 28 September 2009
Commencement of trading of “nil-paid” rights : Monday, 28 September 2009 from 9.00 a.m.
Last date and time for trading of “nil-paid” rights : Tuesday, 6 October 2009 at 5.00 p.m.
Last date and time for splitting of “nil-paid” rights Tuesday, 6 October 2009 at 5.00 p.m
Last date and time for acceptance of and payment for Rights Shares: Monday, 12 Oct 2009 at
5.00 p.m. (9.30 p.m. for Electronic Applications)
Last date and time for renunciation of and payment for Rights Shares: Monday, 12 Oct 2009 at
5.00 p.m.
Last date and time for application and payment for excess Rights Shares: Monday, 12 Oct 2009 at
5.00 p.m. (9.30 p.m. for Electronic Applications)
Expected date for issuance of Rights Shares : Tuesday, 20 October 2009
Expected date for the commencement of trading of Rights Shares: Wednesday, 21 Oct 2009
from 9.00 a.m. |
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
There is no more upside and better to take profit unless you are prepared to wait for a couple more cents. Sell and switch to better stocks such as midas, boustead, hiap seng, ezra, zion holding, ho bee, wheelock and uic
upforever ( Date: 07-Sep-2009 15:00) Posted:
| why the selling down today? the abu buyer may lower the bid?
|
|
|
|
Good Post
Bad Post
|
x 1
x 0
|
By the time the official news on new contracts are out, it may be too late . So, buy some first and average downwards and upwards. This stock has not move much.
DnApeh ( Date: 07-Sep-2009 13:47) Posted:
got gurantee one leh. OK, buy some.
risktaker ( Date: 07-Sep-2009 13:07) Posted:
| I can guarantee there will be new contract for midas :) Watc |
|
|
|
|
|
Good Post
Bad Post
|
x 1
x 0
|
There is a technical analyst who personally visited the Midas factories in China and held interview with the boss. He advised banks too, and is accumulating this stock.
richtan ( Date: 07-Sep-2009 11:51) Posted:
From OCBC Investment Research:
Midas's firm order book of 1.4 billion yuan (S$296 million), more anticipated contract wins in Sept - Nov 2009... will serve to under-gird valuations"
yongjp ( Date: 07-Sep-2009 11:43) Posted:
| Sir, how do you know if there are new contracts? Are you by chance privy to information that we are unaware of |
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
Midas has been consolidating for too long while other stocks had risen above $1. This week will see this stock move above 90 cents. Do not take profit yet as there will be announcements of new contracts coming soon.
richtan ( Date: 07-Sep-2009 11:24) Posted:
|
"Trade Summary" shows increasing buying-up:
| WEIGHTED AVG PRICE : 0.8305 |
LAST DONE PRICE : 0.835 |
| SPREAD/PRICE RATIO : 0.0060 |
AVG TRADE SIZE : 35.5 |
|
|
|
| |
|
richtan ( Date: 07-Sep-2009 09:57) Posted:
Trade Summary shows heavy buy-up:
| WEIGHTED AVG PRICE : 0.8302 |
LAST DONE PRICE : 0.835 |
| SPREAD/PRICE RATIO : 0.0000 |
AVG TRADE SIZE : 43.86 |
|
|
|
|
|
|
|
|
Good Post
Bad Post
|
x 1
x 0
|
It is consolidating at around 85 cents before moving up to a dollar in Sep/Oct
bennykusman ( Date: 27-Aug-2009 18:34) Posted:
you are right! midas down
risktaker ( Date: 27-Aug-2009 13:33) Posted:
|
I really hope i am wrong. But it seems to me Midas is going for a drop. |
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
This stock is strongly supported by Peter Lim - the king of remiser. It has also divested into manufacturing in China. It will move towards 20 cents.
ravikp ( Date: 27-Aug-2009 18:45) Posted:
| Anyone clarify me what is meant by 'nil-paid' rights...thanks |
|
|
|
Good Post
Bad Post
|
x 2
x 1
|
Dear Friends,
Don't buy any further. Just take profit and switch to more profitable and good growth companies (Midas, Ezion, Rotary, Boustead, Ezra).
Peg_li ( Date: 26-Aug-2009 12:37) Posted:
|
in the bull market, the price up a few times is posssible.
don't miss the chance, just buy it!
risktaker ( Date: 26-Aug-2009 12:32) Posted:
Check out the TX for 1.020
Total Volume 55,283
Total Buy Vol 9,382
Total Sell Vol 45,901
There are some people who exit & Shorted in the morning.
The BB is eating up :) Preparing for another big attack soon.
HUAT AH |
|
|
|
|
|
Good Post
Bad Post
|
x 3
x 0
|
Dear Friends,
There is little downside for Midas which is poised to move up along with the slew of announcements of new contracts coming soon. Just accumulate and let it grow ! Take profit when it touches $1 and buy on weakness again
rachael ( Date: 26-Aug-2009 12:55) Posted:
Ha.. ..Ha..., Richtan, I was also about to sell off some of my Midas shares to spread to spread my risk to another counter but held back when my broker told me that there is an equal number of buyer.
richtan ( Date: 26-Aug-2009 12:30) Posted:
Trade Summary shows huge buy-up:
| WEIGHTED AVG PRICE : 0.8680 |
LAST DONE PRICE : 0.870 |
| SPREAD/PRICE RATIO : 0.0057 |
AVG TRADE SIZE : 38.33 |
|
|
|
|
|
|
|
|
Good Post
Bad Post
|
x 0
x 0
|
UIC is a better bet. There could be another takeover attempt.
ronleech ( Date: 25-Aug-2009 16:56) Posted:
| Watch out, it is coming again..... |
|
|
|
Good Post
Bad Post
|
About tonylim
Go to Message