Today's vol as at this point in time had aredi exceeded yesterday's vol n "Trade Summary" at this point in time shows heavy buying-up, but of course, nothing is guaranteed, may change, so dyodd n BOSAYOR

WEIGHTED AVG PRICE :  0.8565   LAST DONE PRICE :  0.860   SPREAD/PRICE RATIO :  0.0000   AVG TRADE SIZE :  52.28  < /> Last Trades Vol BuyVol Mid SellVol 0.845 4 105 105 0 0 0.850 43 1,549 871 0 678 0.855 49 1,853 352 0 1,501 0.860 45 3,956 1,738 0 2,218 0.865 2 13 0 0 13 TOTAL 143 7,476 3,066 0 4,410

I dun think there is such a thing as "calculate roughly need how many lots to increase or decrease the price ? e.g up or down $0.005".

Price up or down depends on the buy/sell q, when the buy q is exhausted, the buy q drop one level n vice-versa n price moves up or down based on sentiments n whether buyers or sellers overwhelm the transactions, if more buyers keep buying up, price will go up n vice-versa.

"Time n Sales" shows heavy buying-up of 1400 lots at 0.86:

 

SGX           Advanced Search 5EN (MIDAS)

DAY HIGH :  0.865   NET CHANGE :  0.015   TOTAL VALUE :  4,974,635   DAY LOW :  0.845   LAST DONE :  0.860   VOLUME :  5,815  < /> Time Last Vol Buy/Sell 12:28:32 0.860 5 B 12:28:29 0.860 227 S 12:27:17 0.860 30 S 12:27:03 0.860 60 S 12:27:01 0.860 25 S 12:26:58 0.860 50 S 12:26:54 0.860 435 B 12:26:53 0.865 10 S 12:26:25 0.865 3 S 12:26:19 0.860 40 B 12:26:13 0.860 21 S 12:26:05 0.860 1,400 S 12:25:56 0.860 2 S 12:25:49 0.855 10 B 12:25:05 0.855 572 S 12:24:51 0.855 10 S 12:24:45 0.855 30 S 12:24:44 0.855 20 S 12:24:40 0.855 200 S 12:24:38 0.855 100 S

You should not unload before the release of the next results in Nov.  Read this :

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)

ristaker,

why dun u post a chart here and give some comments ?