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Midas
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richtan
Supreme |
17-Jun-2009 10:16
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From DMG: Midas Holdings: Secures contracts worth Rmb603m (BUY\S$0.655\Target Under Review) Singapore Research Secures largest-ever project order win. Division, Jilin Midas Aluminium Industries, has secured two contracts that are worth Rmb603m collectively. These contracts will be for the supply of aluminium alloy extrusion profiles for a total of 100 train sets for the inter-city high-speed train CRH3-380 project in China. Midas Holdings announced that its Aluminium AlloyWe reiterate that Midas’ ability to clinch these contacts position in the PRC rail transportation sector. Additionally, the PRC government’s Rmb4 trillion stimulus package – which has a strong focus on rail infrastructural development – is generating many opportunities in the railway infrastructure market. further proves its market leadershipValuations.
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richtan
Supreme |
17-Jun-2009 09:50
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Just b careful n not conned by all these queues, at most times they are fake sell q by syndicates or BB to block n create a fear while at the same time, they had aredi queued at the buy q waiting for u to throw to them n likewise, if they want to sell to u, they will put a big block behind the buy q to create the impression of a big buy q n had aredi queued at the sell q waiting for u to buy from them, they are very alert n can pullout of the q anytime they want. Anyway, this is just my opinion, not an inducement to buy or sell, dyodd
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Bintang
Elite |
17-Jun-2009 09:28
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Either a placement or cash call , it will go down after the announcement . | ||||
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ozone2002
Supreme |
17-Jun-2009 09:22
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buy on rumor sell on news | ||||
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aleoleo
Master |
17-Jun-2009 09:12
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profit taking ???? big resistance now ... alot of seller Q to sell .... | ||||
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yipyip
Master |
16-Jun-2009 23:06
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Wow! I see the inter-city high-speed train “Midas” is set to speed up to 350km/h! Both below contracts are to be fulfilled over the second half of 2009 to 2011, thus having a positive impact on the Group’s financials over the financial years ending December 31, 2009, 2010 and 2011. The first contract, worth RMB306 million, was awarded by CNR Changchun Railway Vehicles Co., Ltd The second contract, worth RMB297 million, was awarded by CNR Tangshan Railway Vehicles Co., Ltd (“Tangshan Railway”) |
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knightbridge
Veteran |
16-Jun-2009 22:34
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Congrats to all long term investor of midas.. Patience do pay well...
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richtan
Supreme |
16-Jun-2009 22:31
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Congrats to those holding Midas, huat ahhh...... | ||||
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aleoleo
Master |
16-Jun-2009 21:58
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ho sei liao la, ya, actually the contract news is called leak out , alot people like have vested and been waiting for this good news, now finally come.... yeah ..... those who borrow to short this fellow one will need to cover their short liao .... tomorrow sure chiong .... whahahaha..... | ||||
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dcang84
Veteran |
16-Jun-2009 21:53
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Wow!!!Excellent news!!!!Look out for analysts upgrade!!
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Seadeucer
Member |
16-Jun-2009 21:06
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News Release - Midas Secures Two Prestigious Contracts Worth Rmb603 Million For Its Single Largest Project Order To-Date
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knightbridge
Veteran |
16-Jun-2009 18:39
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This is why never naked short certain counters.. If good news, big problem for naked short investor.. If bad news, also cannot sleep until annoucement is make...
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richtan
Supreme |
16-Jun-2009 18:13
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It could be contract awards, which Midas had been waiting, it had been mentioned in brokers report about Midas pending contract awards, hope for good news n tomoro Midas chiong.
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foucs6900
Senior |
16-Jun-2009 15:49
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cool bro, is trading halt only, pending for latest news ! hope is gd news for all, cheers.... | ||||
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waynekwek
Member |
16-Jun-2009 15:44
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What happened? MIDAS suspended.. |
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richtan
Supreme |
16-Jun-2009 12:34
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My last line of defence whereby I will close my positions is at 0.605 (closing price on 21/5 n 50ema). This is just my analysis n I may be wrong, so dyodd. 
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ozone2002
Supreme |
12-Jun-2009 11:22
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not correction..just stagnant..as the BB,instituitions are not participating.. as long as they don't sell of in large quantities..this stock will be just fine.. |
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pilotfish
Senior |
12-Jun-2009 09:28
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Another round of correction. -- just a small one. Just my view.
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ozone2002
Supreme |
11-Jun-2009 19:21
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today down bar on low vol... looks like uptrend intact confirmation of the upbar tomorrow on decent vol will conclude the uptrend..
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Laulan
Master |
11-Jun-2009 19:06
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Sometime shorting the shares you owned and buying back at a lower price can help support the share price especially when it is dropping fast and you are there to queque for a better buy back. But doing it too often is bad because you will miss out the buy when the market suddenly changes course and shoots up, leaving you losses if your original buy price was much higher than your short sell. | ||||
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