Latest Forum Topics / Midas Last:0.192 -- | Post Reply |
Midas
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risktaker
Supreme |
22-Sep-2009 18:56
Yells: "Sometimes you think you know, but in fact you dont" |
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Price looks too attractive not to short. Sorry midas might Open short this burger tomorrow :) |
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risktaker
Supreme |
22-Sep-2009 18:44
Yells: "Sometimes you think you know, but in fact you dont" |
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Singapore market has show little interest in midas and similar share is trading at higher value. Thats why they wanted to go Hong Kong Market. This is actually good for midas as they are expose to new capital injection from HK side. Dual Listing mean dilution is true :) Anyway good luck midaser. Trade with Caution.
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tonylim
Master |
22-Sep-2009 17:33
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Thanks RichTan. Very convincing. All indicators are positively uptrend.
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richtan
Supreme |
22-Sep-2009 16:41
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Below is my 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 intentionally rating it as "bad post", this is not cursing but Buddhism beliefs tat intentional bad deeds will accumulate for yourself and possibly 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 and SOBAYOR. |
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richtan
Supreme |
22-Sep-2009 16:40
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x 2
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Below is my long-term 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 intentionally rating it as "bad post", this is not cursing but Buddhism beliefs tat intentional bad deeds will accumulate for yourself and possibly 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 and SOBAYOR. |
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tankuku
Master |
22-Sep-2009 16:39
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Just buy some, will be moving higher soon. Best wish to these who vest |
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maseratiq
Member |
22-Sep-2009 16:29
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Today is a good day....both Midas and Genting waking up. Indeed, patience has its virtues. Let's hope my train rides all the way to the IR....corny, but what can I say - it's not everyday this happens! |
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tankuku
Master |
22-Sep-2009 15:44
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U may be right, looking at the recommendation by some brokeragehouse such as KimEng and Ocbc, TP: $1.15. May buy some now. Thanks for your advice. |
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Hulumas
Supreme |
22-Sep-2009 15:26
Yells: "INVEST but not TRADE please!" |
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Within next week, it should be one of my favourate counter next for dual listing, I suppose. Ha. ha.. ha...
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tonylim
Master |
22-Sep-2009 15:15
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The company must have the interest of shareholders before going ahead with second listing to increase the stock value. Moreover, it must get the approval of the authority first. Do not panic as I believe tankuku has waited too long for the dip to pick up this stock which will not happen unless there is a major correction of the stock market. Be patient and be a winner.
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tankuku
Master |
22-Sep-2009 15:07
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Dilution because listing of share in HK. Midas had advice shareholder to exercise caution when trading in their share. That is "Buy anD sell at your own rise" |
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keepnosecrets
Master |
22-Sep-2009 15:02
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Why dilution? Are they issuing more shares in order to get listed OR are they throwing some shares into the HK market? | ||||||||||||||||
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tankuku
Master |
22-Sep-2009 14:55
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So dilution cause the price to go up. Sound funny to me , no logic. Price moving up is to the advantage of the company for second listing but not to the advantage of small/retail invester. Good luck for these who vest. |
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tonylim
Master |
22-Sep-2009 14:50
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From what I understand from one prominent TA, second listing in Hong Kong is one strategies to improve the stock price. To counteract the so called "dilution", the way to go is for the price to move up now before the listing.
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tankuku
Master |
22-Sep-2009 14:44
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Pls note that dual listing in HK mean dilution , so can we consider that as good news? To me is BAD NEWS. |
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jennytanlo
Member |
22-Sep-2009 14:43
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tonylim
Master |
22-Sep-2009 14:41
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Dear Tankuku, You can view it the other way round that other BBs are buying it up. It is a positive sign. The glass is gradually filling up. So, Mian Tankuku for this counter.
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tankuku
Master |
22-Sep-2009 14:36
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Be cautious heavy sell down by BB.
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tonylim
Master |
22-Sep-2009 14:12
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With the impending second listing in Hong Kong Stock Exchange, the timing is such that more contracts will be announced soon and the price will only have to move upwards to justify for a higher IPO offer price. Agreed that moving above $1 is anytime soon, and the downside is very slim. So for those who still want wait, you will miss the boat again.
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Bintang
Elite |
22-Sep-2009 13:49
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x 2
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Finally Midas broke -out of the weekly rectangular box formation with hugh volume this morning , so this may confirmed the completion of the sideway trend . There are many sellers n short -sellers at this point , but it would not stop the growing trend if the volume keep on increasing . Once its RSI goes into the over-bought territory , the upward trend would be more sustainable , n the upside target over $1.00 could achieved easily .
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