Latest Forum Topics / Midas Last:0.192 -- | Post Reply |
Midas
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Livermore
Master |
15-Aug-2009 20:28
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But vested some though
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Livermore
Master |
15-Aug-2009 20:26
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For me the problem with this stock is it moves too slow. | |||||||
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knightbridge
Veteran |
15-Aug-2009 20:08
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Hi risktaker, not need to try to explain to people of good stock to hold.. If they listen and they make, their business i dun make a single cent.. If they lose, i dun lose a single cent but get curse by them... The only objective is to make money for oneself in investment.. If one dun sell me the stock at a lower price, i cannot sell at a higer price. If no one buy from me at a higher price, i cannot profit from it also. If u think will be $2 in the future, just avg and buy up all the way... I also vest in midas, in march to apr i ask my family friend and relative to buy midas after doing my homework.. They say risky, times are so bad... I say china stimulus package midas 50% sure to benefit some more buying new factory... none buy also.. Now at 90 they are interested... Human are so funny, when nobody wants at low price no one wants to buy.. When the price start to run people chasing after it... Just like property... (Understand human emotion can help in trading)
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risktaker
Supreme |
15-Aug-2009 15:42
Yells: "Sometimes you think you know, but in fact you dont" |
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Well, keep on explaining and spoon feeding information is kinda tired why people dont go research ? and observe the market so that you can feel it like your own pulse. I have to go out attending party. Maybe I will reveal it today when i get back. I am 100% sure this share worth over $2-$3 easily.
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risktaker
Supreme |
15-Aug-2009 14:26
Yells: "Sometimes you think you know, but in fact you dont" |
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all info is there already. Also please go through this thread i have highlighted the key results area. Buy and Hold :)
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raymondho
Senior |
15-Aug-2009 13:06
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Well, I dun really understand their Quarterly report, can any FA forumers mind to share from FA points of view? As this morning, I check and read the chart with my own judgement, the ADX, Stochastic and CCI both indicate a downturn, will it be happened by Mon's morning? As Dow was down. |
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tonylim
Master |
15-Aug-2009 11:07
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Can reveal the 4 factors? I am accumulating this stock till it hits $2.50
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risktaker
Supreme |
15-Aug-2009 09:26
Yells: "Sometimes you think you know, but in fact you dont" |
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There are at least 4 factors why Midas will break $1.00 by next week. Smart investors - will know. Tired of :) Think about it :) What are the 4 factors hehe i wont tell you |
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ozone2002
Supreme |
15-Aug-2009 09:12
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wow..nice cups..gettin bigger each time.. wonder if ya doing advertisement for those bust enhancements companies..keke |
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Bintang
Elite |
15-Aug-2009 08:47
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Hi richtan , thank u again for your posting of the wonderful chart for me , obviously it looks like a big cup . Please if u can go to the weekly chart , I draw a straight line jointing the share price on 12/12/08 to 3/7/09, we can see clearly that this line has stopped the upward movements for months , n the volume done was larger from May to Jul compare to the months before May n after Jul . So this is more or less comply to the condition of the H&S pattern . The only thing to confirm the pattern is the break-out of the line with huge volume . This is only my opinion , can you give me your valuable advice , thanks .
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richtan
Supreme |
15-Aug-2009 00:15
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Hi Bintang, U are most welcomed, I too learnt a lot from your postings. No problem, take your time, no urgency. Are u refering to the cup tat I mentioned, if it is I post below the cup pattern for your info, correct me if u think I m wrong.
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Bintang
Elite |
14-Aug-2009 23:38
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Thank u richtan , u r so knowlegable n helpful , u not only pointed out my mistakes , but also taught me alot of TA knowledge . There is some problem for me to post my chart , I will try again. From my chart which is using metastock , I could see clearly the H&S pattern , but from your angle , you have different viewing . But no problem ,tan , I will take your advice , n learn to find the pattern you 'd mentioned . Thank u again . | |||||||
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risktaker
Supreme |
14-Aug-2009 23:07
Yells: "Sometimes you think you know, but in fact you dont" |
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Monday will rally la. PM Lee Rally speech on Sunday. Monday shares fall ? LOL wanna get tekan from Gov ?
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richtan
Supreme |
14-Aug-2009 23:04
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Very hard to say, it may or may not drop, if drop, most probably drop to the 25ema, imo. Personally, if it closes below the 25ema for 2 days continuous, I will exit (as one day close below it could be a fake n may the next day pull up above it to fool and shake out those weak holders), Anyway, this is jmo, not a call to sell, dyodd n BOSAYOR and dun follow me blindly as everybody has their own strategy..
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richtan
Supreme |
14-Aug-2009 22:55
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Hi Bintang, U r warmly welcome to Midas Land, the land of the midas touch. Firstly, lets together. I truly appreciate your dropping over to visit us and share n look forward to your future visits. Dun worry, we are here to share n exchange pointers. Likewise, feel free to point out my mistakes, I m very receptive and open-minded. Pardon my ignorance, as I tried to locate the large inverse H&S but just couldn't figure it out. Could u kindly post yor chart analysis to share as a picture tells a thousand words, I thank you 1st. But I could see a huge cup in formation, with the brim of the cup at around 1.19 and yet to form the handle. The handle will start forming once the brim of the cup is reached, first with a downtrend followed by the explosive upward formation of the handle (look at Straits Asia, now forming the handle of a smaller cup with a bigger cup yet to form, to get wat I mean) Correct me if I m wrong, ADX normally will turn up faster for energetic sprinter but Midas is more like a middle-age man clinbing up a flight of stairs, slow but steadily and gently upwards, with pause in betweeen n falling down occassionally but managed to stand-up on his feet n continue to climb. Looking from my ChartNexus Midas chart with 14RSI, it is now about 60, above the average strength of 50, not too hot and not too cold, but of course, I m not saying tat if it is too hot, it will definitely cool down bcos I know, wat is hot can be even hotter n vice versa.
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bennykusman
Veteran |
14-Aug-2009 22:45
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dow jones drops a lot.. will this share drop also ?
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m0shii
Member |
14-Aug-2009 21:13
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wonder next week what be the price.....hopefully at reach $0.98 by nxt fri |
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el7888
Veteran |
14-Aug-2009 21:07
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MIDAS POSTS 10.1% GROWTH IN NET PROFIT TO S$9.4 MILLION IN 2Q2009 - Revenue for Aluminium Alloy Division grew 17.9% to S$36.0 million - Overall gross profit margin improved from 31.8% in 2Q2008 to 41.3% in 2Q2009 - Declares second interim cash dividend of 0.25 Singapore cents per ordinary share |
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risktaker
Supreme |
14-Aug-2009 20:19
Yells: "Sometimes you think you know, but in fact you dont" |
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I feel sorry for those who exited at 0.87 ......... | |||||||
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tonylim
Master |
14-Aug-2009 19:58
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MIDAS has strong fundamentals; and is recession-proof. Start accumulating now till it hids $2.50 in one year's time. Next week, it will hit 93 cents.
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