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Midas
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Peter_Pan
Supreme |
20-Mar-2013 11:01
Yells: "did you order dunkin' donuts" |
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It is now UOBKH's call vs. OCBCS & DBSV's calls..... | ||||
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Peter_Pan
Supreme |
20-Mar-2013 10:29
Yells: "did you order dunkin' donuts" |
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guoyanyunyan
Elite |
20-Mar-2013 10:02
Yells: "uncertainty always exist" |
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A subsidiary of Midas Holdings has secured a new contract worth 22.7 million euros ($36.6 million) to supply aluminium alloy extrusion profiles to the Russian railway market. | ||||
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wesely2k
Veteran |
20-Mar-2013 09:28
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Bo ki leh..........! | ||||
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Peter_Pan
Supreme |
20-Mar-2013 09:20
Yells: "did you order dunkin' donuts" |
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The clash of the titans.
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Blanchard
Senior |
20-Mar-2013 09:18
Yells: "Winners cry..... Losers smile....." |
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Yeah... I guess it is relative short term vs long term struggle...
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Peter_Pan
Supreme |
20-Mar-2013 09:12
Yells: "did you order dunkin' donuts" |
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It is now UOBKH's call vs. OCBCS's call..... | ||||
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Peter_Pan
Supreme |
20-Mar-2013 08:53
Yells: "did you order dunkin' donuts" |
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Pre-opening looking good now. | ||||
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Lifeisgreat
Member |
19-Mar-2013 23:17
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Peter, the report from the link seems different from yours leh...
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Lifeisgreat
Member |
19-Mar-2013 23:08
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it says this contract is significant as it is their first international contract... | ||||
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vw2796
Senior |
19-Mar-2013 23:03
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NewsMidas Wins €22.7 Million Russian Contract
BackMar 19, 2013
Please refer to the attachment. This announcement will be released on the website of The Stock Exchange of Hong Kong Limited as an Overseas Regulatory Announcement pursuant to Rule 13.09(2) of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited. Attachments
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vw2796
Senior |
19-Mar-2013 23:02
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Midas: Wins € 22.7 Million Russian Contract. 19 Mar 2013 17:30 Midas Holdings Limited is pleased to announce that its subsidiary, Jilin Midas Aluminium Industries Co., Ltd has won a € 22.7 million, approximately RMB182.8 million, contract from Ural Locomotives Limited Liability Company, a joint-venture company between Siemens AG and Russia's Sinara Group. Under the terms of the contract, Midas will supply aluminium alloy extrusion profiles for use in the manufacture of 100 electric train sets, or 500 electric train cars for commuter passenger service. Delivery for the contract is slated to take place progressively from 2013 to 2019... | ||||
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Lifeisgreat
Member |
19-Mar-2013 22:52
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found this: http://ir.chartnexus.com/shareinsight/UOBKH/?sc=5EN& mkt=SGX |
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Peter_Pan
Supreme |
19-Mar-2013 22:32
Yells: "did you order dunkin' donuts" |
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Midas Holdings – Technical SELL with +12% potential return
Last price: S$0.50 Resistance: S$0.53 Support: S$0.44
SELL with a target price of S$0.44 with stops placed above S$0.53. Prices appear to be unable to close the gap down which was created on 22 Feb 13 and may continue to trend lower. Its mid Bollinger band could be acting a resistance. Its Stochastics looks poised to form a bearish crossover. Watch to see if its MACD could hook down below its centreline instead. - UOBKH
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hosucram
Member |
19-Mar-2013 22:31
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With the new russian contracts won, will this counter take off? |
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Lifeisgreat
Member |
19-Mar-2013 21:46
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Peter, do you mind sharing with us the report as I couldn't find any it... Thanks! | ||||
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Peter_Pan
Supreme |
19-Mar-2013 21:27
Yells: "did you order dunkin' donuts" |
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Tricky trade...lol
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cheongsl
Master |
19-Mar-2013 21:20
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This should be a neutral news. Reason being: 1) The 22.7Euro (182.8million RMB), for 500 car, translated to per car is 365k per car. Russian Ural locomotive car length is ~34m, but China metro car length is ~22.5m, thus equivalent pricing should be 241k per car, which is around their average pricing for China metro project supply. 2) For this contract there stand two different risk due to long period of contract delivery till 2019, thus the aluminium prices and Euro vs RMB are two major risk for this contract. Euro currency compare to RMB for the last five years have been declining, and currently the Euro crisis still have not over. Thus chances of RMB getting stronger against Euro will continue.
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Peter_Pan
Supreme |
19-Mar-2013 18:06
Yells: "did you order dunkin' donuts" |
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Cheers!
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Lifeisgreat
Member |
19-Mar-2013 18:02
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another dose of booster :)
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