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Midas
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GorgeousOng
Elite |
14-Jun-2013 16:44
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Oh oh! The train captain sudah tidur!!😏 | ||||
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Peter_Pan
Supreme |
14-Jun-2013 12:58
Yells: "did you order dunkin' donuts" |
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Midas' announced contract wins schedule (2010 to 2013 YTD) |
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Tomique
Master |
14-Jun-2013 12:57
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Wa peh wey! (exclamation). One contract after another and another and another! This Midas is more than just a gem. Truly priceless. Yet being suppressed in its share price just mad!! Hahaha. Thinking of buying some, but don't what price would be the final suppression. Lol. |
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Peter_Pan
Supreme |
14-Jun-2013 12:16
Yells: "did you order dunkin' donuts" |
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New high-speed train car tenders may come soon While Midas has gained traction on metro and international contract wins this year, we believe that the strength of its recovery will depend heavily on the timing of new high-speed railway (HSR) train car contract tenders by the China Railway Corporation (CRC). The market has been left disappointed by continued delays as previous expectations on the resumption of new orders in Dec 2012 and subsequently late 1Q13 failed to materialise. We believe this was due to two key factors. Firstly, the Chinese leadership transition which began in late 2012 until Mar this year. Secondly, the massive reforms undertaken by China to break up its former Ministry of Railways and delegate the administrative and commercial operations to two new bodies, with CRC in charge of the latter. This restructuring process naturally takes time and with the CRC now up and running, we believe that the re-ignition of the much anticipated new HSR train car contracts would come soon (possibly late 2Q13 or 3Q13, according to market watchers). Moreover, new railway lines have continued to be built, as investment on railway infrastructure in China grew 28.0% YoY to CNY54.5b for 1Q13. These new lines would eventually require new trains to operate on.
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JarolLo
Veteran |
14-Jun-2013 11:55
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I'm not so optimistic about this counter, particularly its business with China railway, which is in serious financial trouble and nobody can tell exactly how deep the hole is. The only plus side is they're still having government support and allowed to continue issuing bonds In business sense, never deal with your customer when you know that they're in financial trouble.
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paul1688
Senior |
13-Jun-2013 22:12
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We simply attempt to be fearful when others are greedy and to be greedy only when others are fearful -
Warren Buffett |
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GorgeousOng
Elite |
13-Jun-2013 21:19
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Sis, masih ada ticket. Saya tunggul sahaja lah.
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Octavia
Elite |
13-Jun-2013 17:59
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Wah din know this one also dropped so much today. Sista halleluyah,let pray that the market will reverse trend tmor. Cheer!
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Peter_Pan
Supreme |
13-Jun-2013 17:58
Yells: "did you order dunkin' donuts" |
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This train derailed today due to drunk operator.
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halleluyah
Elite |
13-Jun-2013 17:49
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Dik, wow tis train really bring me to Holland. Hope I wun b like Moses taking 40 yrs out frm Egyt....lol. Dik, u masih pegang ini train ticket?? | ||||
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alvinngsh
Senior |
13-Jun-2013 09:24
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Sorry not only Midas is whole market. | ||||
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stockmarketmind
Master |
13-Jun-2013 09:09
Yells: "stockmarketmindgames" |
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Midas broke down even with new contract! | ||||
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ruanlai
Master |
12-Jun-2013 16:30
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Midas’ 32.5% owned associate company NPRT has secured a Rmb1.26bln contract from Shenzhen Metro Group for the supply of 33 train sets (198 train cars) for Shenzhen Metro Line 3 project. Delivery is expected from 2015-2016. This would be NPRT’s 5th contract win this year and also its largest. The latest contract win will increase its year to date contract win by 50% to Rmb3.76bln and order books by 14% to Rmb9.98bln. | ||||
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stockmarketmind
Master |
12-Jun-2013 08:43
Yells: "stockmarketmindgames" |
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It's already factored in when price broke to 0.51 on june 6. | ||||
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SJ-Stomp
Senior |
11-Jun-2013 23:08
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I am not sad, my average is 0.47.Waiting for right price to sell.
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Peter_Pan
Supreme |
11-Jun-2013 21:06
Yells: "did you order dunkin' donuts" |
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More and more contracts should be coming in. Their order book is definitely growing bigger. | ||||
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Peter_Pan
Supreme |
11-Jun-2013 20:54
Yells: "did you order dunkin' donuts" |
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Good opportunity to accumulate at current market weakness.
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ongahhuat888
Member |
11-Jun-2013 20:22
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More happy hour to come arh!!!
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alvinngsh
Senior |
11-Jun-2013 18:57
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明 天 会 更 好 。 |
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Blanchard
Senior |
11-Jun-2013 17:19
Yells: "Winners cry..... Losers smile....." |
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