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Midas
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Sgshares
Elite |
10-Aug-2012 20:55
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Railway aluminium extrusion maker Midas Holdings, once the poster child
for firms tapped into China’s high-speed growth, has issued yet another negative
profit guidance warning investors of an earnings decline ahead of its 2Q2012
results release on Aug 14. Midas attributes the expected poor performance to
lower sales as well as a significantly wider share of loss from its associated
company Nanjing SR Puzhen Rail Transport Co., which makes and sells metro
trains. |
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star-trader
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09-Aug-2012 20:39
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After such heavy run-up, the train will be taking a short break, at least for a while.. :) If I really need to trade this stock, I will stay sideline first for the moment..  Star-Trader  |
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Random
Member |
09-Aug-2012 18:13
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Midas is a stock  highly   recommended by a few stock houses sinces july,one with a target price .42,the other at .49.Besides,Business Times had a special write-up on it citing favourable factors in July  as you quote.Remain very active for quite some time,BB buying?.It's not really a S-chip,according to report,it's a Sg company operates in PRC.Wondering  how this latest negative profit guidance affects it.Believe that its future is bright,definitely will  accumulate on dip,around .32 maybe. 
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alexmay
Veteran |
09-Aug-2012 17:47
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http://www.4-traders.com/news/China-Accelerates-Railway-Investment-in-July-Indicates-Boost-to-Economy--14452928/   will this be important to midas?   |
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stockmarketmind
Master |
09-Aug-2012 09:11
Yells: "stockmarketmindgames" |
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Midas sold down a lot yesterday, only buy when it's about to turn again. | ||||||||||||||||||||||||||||
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warrenbegger
Elite |
08-Aug-2012 22:23
Yells: "Anyhow Buy Anyhow Die ^_^" |
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I agreed, maybe we think alike. I let go too because most of S-chip is reporting heavy loss Q after Q. But lucky i still can hit and run to get back a bit of profit  in between. But some of the BBs is still inside, not sure if they can support the selling? After 1 week we shall know more detail :)
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Zhiwei
Senior |
08-Aug-2012 20:46
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Yes Justin. sold all today and buy back again. Not forgetting china is developing infrastructure Railway, Airport and Bus . 铁 公 机 。 。 。 。 keke lol
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JustinQuek
Veteran |
08-Aug-2012 20:16
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Not Enough Contracts... Sell Now Buy Later | ||||||||||||||||||||||||||||
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Bon3260
Supreme |
08-Aug-2012 18:20
Yells: "Ooo Ooo Aaa Aaa!" |
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warrenbegger
Elite |
31-Jul-2012 23:16
Yells: "Anyhow Buy Anyhow Die ^_^" |
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LOL! U use so big and red. Wait scare others away :)
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ruanlai
Master |
31-Jul-2012 13:52
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Clear 37cents....... 40cents on the way..... TRADE WITH CARE.... |
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warrenbegger
Elite |
30-Jul-2012 21:05
Yells: "Anyhow Buy Anyhow Die ^_^" |
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Be truth to yourself, win or lose don't had to hide. Gratz to those who  load around 0.280 and sold above 0.360+.
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New123
Elite |
30-Jul-2012 16:12
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yup! saw a bull flag waving nicely..
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Bopanha
Master |
30-Jul-2012 16:07
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Midas, secretly moving up.  The trains are moving, whistle blowing! Cheers. | ||||||||||||||||||||||||||||
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bishan22
Elite |
30-Jul-2012 11:03
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Running out of steam. Not vested. 
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ChillX
Senior |
23-Jul-2012 09:33
Yells: "Bleh!" |
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quite a lot of pple locked in profit at $0.365/0.370. based on TA, looks to have good upward momentum with resistance at 0.38/0.385. has not yet touched the upper band for Bollinger, so unless BBs short heavily, should continue to trend up. As usual, BOSAYOR &   DYODD!
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bishan22
Elite |
22-Jul-2012 17:53
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Tomorrow can see whether price can hold or drop, then decide. Haha.  | ||||||||||||||||||||||||||||
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hlfoo2010
Veteran |
22-Jul-2012 17:46
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Patrick Chew wants to take Midas into the aerospace, automobile and shipbuilding industries to temper the fickleness of China’s railway sector. Will that make its stock a safer bet? Read our cover story for Issue 533 of The Edge Singapore. "   GET more CONTRACTS than Talk BIG. |
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Vivivie
Member |
22-Jul-2012 10:56
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MIDAS: Will its train recover speed fast next year?
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silvermansac
Member |
22-Jul-2012 09:56
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They ask you to sell , they will Buy see the target price   bellow F analyst Report
 
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