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paul1688 Senior	26-Nov-2012 10:43        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	From DBSV Nov 26th On the economic front, Singapore is expected to enter into a slow growth environment going into 2013. Growth will be below potential while inflation will be higher than normal, continuing the stagflation since 2011. With the expected slowdown in the domestic economy, we would prefer to go for stocks with exposure to the emerging economies or global. These include stocks that are potential beneficiaries to a recovery in the Chinese economy - Capitamall Asia, HPH Trust, Midas, Sound Global and Wilmar, which we have highlighted earlier. On the global front, our picks are Keppel Corp and SembCorp Marine.
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Bopanha Master	26-Nov-2012 10:06        Bopanha About Contact  Quote this Post!
x 0   x 0  Alert Admin	This morning shareholders egm meeting at 10.00 am, think just started.
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Bopanha Master	26-Nov-2012 10:00        Bopanha About Contact  Quote this Post!
x 0   x 0  Alert Admin	When it breaks up above 39 cents, there will be more rooms to go upwards. Yes, potential to reward you handsomely.
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New123 Elite	21-Nov-2012 23:24        New123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Am not shorting. Will only wait for opportunity to Long.. kenkenken      ( Date: 21-Nov-2012 22:08) Posted: then r u shorting to 0.32 and buy back back 0.32? if not it just a probability. New123      ( Date: 21-Nov-2012 20:58) Posted: look at the chart it will tell u  the ans
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Sgshares Elite	21-Nov-2012 22:21        Sgshares About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	> $0.39 with volume is a buy to me
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kenkenken Senior	21-Nov-2012 22:08        kenkenken About Contact  Quote this Post!
x 0   x 0  Alert Admin	then r u shorting to 0.32 and buy back back 0.32? if not it just a probability. New123      ( Date: 21-Nov-2012 20:58) Posted: look at the chart it will tell u  the ans. kenkenken      ( Date: 21-Nov-2012 19:42) Posted: any reason why 0.32 not 0.31 0.30 0.29?
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New123 Elite	21-Nov-2012 20:58        New123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	look at the chart it will tell u  the ans. kenkenken      ( Date: 21-Nov-2012 19:42) Posted: any reason why 0.32 not 0.31 0.30 0.29? New123      ( Date: 21-Nov-2012 14:28) Posted: 32cents will consider to Buy
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kenkenken Senior	21-Nov-2012 19:42        kenkenken About Contact  Quote this Post!
x 0   x 0  Alert Admin	any reason why 0.32 not 0.31 0.30 0.29? New123      ( Date: 21-Nov-2012 14:28) Posted: 32cents will consider to Buy. kenkenken      ( Date: 21-Nov-2012 13:04) Posted: 100 at 0.385.will look at it again if below 0.
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New123 Elite	21-Nov-2012 14:28        New123 About Contact  Quote this Post!
x 0   x 0  Alert Admin	32cents will consider to Buy. kenkenken      ( Date: 21-Nov-2012 13:04) Posted: 100 at 0.385.will look at it again if below 0.3 Bopanha      ( Date: 21-Nov-2012 10:37) Posted: It was just a right time.  You also bought plenty of Midas?
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kenkenken Senior	21-Nov-2012 13:04        kenkenken About Contact  Quote this Post!
x 0   x 0  Alert Admin	100 at 0.385.will look at it again if below 0.3 Bopanha      ( Date: 21-Nov-2012 10:37) Posted: It was just a right time.  You also bought plenty of Midas? kenkenken      ( Date: 19-Nov-2012 21:39) Posted: Alot peope say dropping going to drop more n u still dare to buy like us?
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hlfoo2010 Veteran	21-Nov-2012 10:52        hlfoo2010 About Contact  Quote this Post!
x 0   x 0  Alert Admin	Looking at the midas   factory shop floor pic  ,  not impressive,   more worries ???? Midas should spend more time to get more contracts  show good REPORTs.
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Bopanha Master	21-Nov-2012 10:37        Bopanha About Contact  Quote this Post!
x 0   x 0  Alert Admin	It was just a right time.  You also bought plenty of Midas? kenkenken      ( Date: 19-Nov-2012 21:39) Posted: Alot peope say dropping going to drop more n u still dare to buy like us?? Bopanha      ( Date: 19-Nov-2012 19:25) Posted: Time to buy back my 130 lots sold 42 -43 cents.   Will buy 36 cents tomorrow.
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dicksonh Veteran	21-Nov-2012 10:35        dicksonh About Contact  Quote this Post!
x 0   x 0  Alert Admin	finally attention off Olam to focus on chiongster mIDAs
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rayyeo Senior	21-Nov-2012 10:31        rayyeo About Contact  Quote this Post!
x 0   x 0  Alert Admin	Midas chiong ah!!!!!!!!!!!!
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tonylim Master	20-Nov-2012 15:27        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	Seems like a good time to enterat this attractive price? tonylim      ( Date: 20-Nov-2012 15:25) Posted: So the current price is very attractive to enter? paul1688      ( Date: 20-Nov-2012 15:00) Posted: From DBSV 20 Nov. MIDAS Poised for a turnaround We visited Midas’ production facilities in Luoyang, Nanjing and Jilin recently. The Group’s production capabilities and capacity has expanded during this lull period. Winning more orders from wider sources should help boost the Group’s profitability.Maintain BUY with TP S$0.50 (1x FY13 P/B) Enhanced capacity and capabilities. Whilst orders have been slow in coming through to Midas, it has been enhancing both its production capacity and capabilities, in addition to diversifying its product range. Jilin Midas now has an aluminium extrusion production capacity of 50,000 tonnes per annum and can fabricate a complete range of train parts, including for export. More contracts to flow in, and boost profitability in 2013 and 2014. We expect Midas to comfortably win orders of c. RMB1bn from metro, export and the non-rail segments (power and other extrusion products) over the next 12 months, while high-speed train orders will depend on how soon the Ministry of Railway (MoR) makes its purchases. If the MoR does order 400 train sets, as people in the industry expect, we project that Midas could win c. RMB1bn worth of high-speed train orders for delivery over the next 2-3 years. Meanwhile, associate Nanjing Puzhen should also see an earnings turnaround on its strong RMB8.5bn order book. BUY for 2013 turnaround story, TP S$0.50. Midas is currently trading at 0.7x FY13 P/B, which we see as attractive for a turnaround story. We believe the stock should re-rate as contracts start to flow in once again for the Group. Our TP is based on 1x FY13 P/B.
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tonylim Master	20-Nov-2012 15:25        tonylim About Contact  Quote this Post!
x 0   x 0  Alert Admin	So the current price is very attractive to enter? paul1688      ( Date: 20-Nov-2012 15:00) Posted: From DBSV 20 Nov. MIDAS Poised for a turnaround We visited Midas’ production facilities in Luoyang, Nanjing and Jilin recently. The Group’s production capabilities and capacity has expanded during this lull period. Winning more orders from wider sources should help boost the Group’s profitability.Maintain BUY with TP S$0.50 (1x FY13 P/B) Enhanced capacity and capabilities. Whilst orders have been slow in coming through to Midas, it has been enhancing both its production capacity and capabilities, in addition to diversifying its product range. Jilin Midas now has an aluminium extrusion production capacity of 50,000 tonnes per annum and can fabricate a complete range of train parts, including for export. More contracts to flow in, and boost profitability in 2013 and 2014. We expect Midas to comfortably win orders of c. RMB1bn from metro, export and the non-rail segments (power and other extrusion products) over the next 12 months, while high-speed train orders will depend on how soon the Ministry of Railway (MoR) makes its purchases. If the MoR does order 400 train sets, as people in the industry expect, we project that Midas could win c. RMB1bn worth of high-speed train orders for delivery over the next 2-3 years. Meanwhile, associate Nanjing Puzhen should also see an earnings turnaround on its strong RMB8.5bn order book. BUY for 2013 turnaround story, TP S$0.50. Midas is currently trading at 0.7x FY13 P/B, which we see as attractive for a turnaround story. We believe the stock should re-rate as contracts start to flow in once again for the Group. Our TP is based on 1x FY13 P/B.
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paul1688 Senior	20-Nov-2012 15:00        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	From DBSV 20 Nov. MIDAS Poised for a turnaround We visited Midas’ production facilities in Luoyang, Nanjing and Jilin recently. The Group’s production capabilities and capacity has expanded during this lull period. Winning more orders from wider sources should help boost the Group’s profitability.Maintain BUY with TP S$0.50 (1x FY13 P/B) Enhanced capacity and capabilities. Whilst orders have been slow in coming through to Midas, it has been enhancing both its production capacity and capabilities, in addition to diversifying its product range. Jilin Midas now has an aluminium extrusion production capacity of 50,000 tonnes per annum and can fabricate a complete range of train parts, including for export. More contracts to flow in, and boost profitability in 2013 and 2014. We expect Midas to comfortably win orders of c. RMB1bn from metro, export and the non-rail segments (power and other extrusion products) over the next 12 months, while high-speed train orders will depend on how soon the Ministry of Railway (MoR) makes its purchases. If the MoR does order 400 train sets, as people in the industry expect, we project that Midas could win c. RMB1bn worth of high-speed train orders for delivery over the next 2-3 years. Meanwhile, associate Nanjing Puzhen should also see an earnings turnaround on its strong RMB8.5bn order book. BUY for 2013 turnaround story, TP S$0.50. Midas is currently trading at 0.7x FY13 P/B, which we see as attractive for a turnaround story. We believe the stock should re-rate as contracts start to flow in once again for the Group. Our TP is based on 1x FY13 P/B.
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Sgshares Elite	20-Nov-2012 14:40        Sgshares About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	ermmm...just for reading pleasure. :) Sgshares      ( Date: 20-Nov-2012 14:38) Posted: Midas - Poised for a turnaround stock should re-rate as contracts start to flow in once again. Maintain BUY with TP S$0.50. Our analyst visited Midas’ production facilities in Luoyang, Nanjing and Jilin, China recently. He thinks that Midas is poised for a turnaround. The Group’s production capabilities and capacity has expanded during this lull period. Winning more orders from wider sources should help boost the Group’s profitability. Midas is currently trading at 0.7x FY13 P/B, which we see as attractive for a turnaround story. Maintain BUY with TP S$0.50 (1x FY13 P/B). We believe the stock should re-rate as contracts start to flow in once again. - DBS
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Sgshares Elite	20-Nov-2012 14:38        Sgshares About Contact  Quote this Post!   Mood:
x 0   x 0  Alert Admin	Midas - Poised for a turnaround stock should re-rate as contracts start to flow in once again. Maintain BUY with TP S$0.50. Our analyst visited Midas’ production facilities in Luoyang, Nanjing and Jilin, China recently. He thinks that Midas is poised for a turnaround. The Group’s production capabilities and capacity has expanded during this lull period. Winning more orders from wider sources should help boost the Group’s profitability. Midas is currently trading at 0.7x FY13 P/B, which we see as attractive for a turnaround story. Maintain BUY with TP S$0.50 (1x FY13 P/B). We believe the stock should re-rate as contracts start to flow in once again. - DBS
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paul1688 Senior	20-Nov-2012 13:32        paul1688 About Contact  Quote this Post!
x 0   x 0  Alert Admin	To me, Midas current share price is sentiment driven by overall market mood.  The poor quarterly earnings report card is well known in advance and the projected market growth and sales garnered to-date is already well communicated, yet price is beaten down in recent couple of weeks.  For the risk takers, to me, this represents accumulation opportunity.  The caveat is  whether retail investors have all key info to make informed decisions and of course, short term whether the BBs play the stock up or down.  Mid to long term, I feel Midas has very strong growth outlook.  Just my view.  Vested. An interesting China market sentiment article below from Next Insight. Written by Andrew Vanburen (China Correspondent) Tuesday, 20 November 2012 07:01    THE YEAR OF THE SNAKE begins on the first day of the Chinese Lunar New Year next year. But for some market analysts, it might just as well be called the “Year of the Bull.”  Half a decade flies by if you take your eyes off the calendar.  In 2007, investors in China were celebrating good times, with the benchmark Shanghai Composite Index hitting a high of 6,124 points.  Now, just five years later, we’re down over two thirds to just over 2,000. We’ve passed through five different and unique Chinese zodiac animals this past half decade – including the “Golden Dragon” in which we all now live, which is supposed to be particularly auspicious.  Although the mid-way point of this period in 2009 did evince some upward market prejudice, there was never any threat of the Index rescaling the heights and topping the peaks of pre-Global Meltdown days in 2007.  Therefore, the national pride that was the Beijing Games of 2008 and the bullish market sentiment leading up to the Olympics at that time can only be seen in especially sharp contrast to the lack of optimism among current day A-share investors.  Low share prices and shrinking bottom lines have left may spirits low indeed. But there is light at the end of the long, dark tunnel, and for those lucky and patient enough to stay upbeat and engaged – perhaps even a pot of gold awaits at the end of the rainbow.  Struggling shareholders holding onto “underwater” shares and waiting for a gasp of air may not be bowled over by the following truism, but true it is: What comes up most always come down... and the reverse is true as well.  By analogy... there is no such thing as a perpetually rising, or falling, market.  While the phrase is intuitive, overused and sometimes hackneyed to the point of being a bit worn out and clichéd, it is nevertheless important to remember that every market goes through a slump, and the duration of the downturn is as unpredictable as accurately forecasting when the market might jump by double digits in just a few trading sessions.  Therefore, to hold now may be the best option – more tactical than strategic – because there is reason to believe shareholders of depressed counters may be smiling as soon as next year. Capital markets are no fun for Pollyanna-like investors as blind optimism usually is less reliable than the dartboard method in which one randomly chooses stock buys.  That being said, there are increasing signs that a bull market is on the horizon and hence reasons for increasing optimism.  From an overall viewpoint, the five years of generally bearish market behavior have left stock prices at least in the neighborhood of their historical nadirs. That means that things -- at least in principle, and all things being equal – can only get better. Over the past decade or so, we saw the benchmark index climb from a low of 2,245 in 2001 (just after the 9/11 terror attacks) all the way up to 6,124 in 2007, only to fall back to earth (i.e. 2,245 points) in late 2008 after the full extent of the global financial meltdown was apparent.  And since that point in 2008, there hasn’t been a whole lot of movement one way or the other, and we are currently stuck at that level, give or take. So why should we be confident that the A-share markets have hit bottom? Firstly, as China is still a nation heavily reliant upon industry, the all-important barometer of factory activity – the PMI – recently notched above the critical level needed to show growth versus contraction. This may not translate into a surge of upstream and downstream activity (or sharebuying) overnight. But it does suggest that the macroeconomic climate has weathered the storm and is on an upswing.  Now all that is needed to solidify the gradually improved sentiment is another raft of figures (CPI, trade data, and most importantly – GDP) to seal the deal. And as China’s economy is by definition a somewhat unique model of “market socialism,” it would be remiss not to comment on the relative importance of economic planners in Beijing. Now that all the mystery and guesswork is gone, China is presented with a new group of national leaders. And what is it stock markets fear most, even more than tougher regulations? Answer: Uncertainty. Now that the government of the world’s largest country and its second largest economy is settled upon, China’s stock markets have one less thing to fear going into the Year of the Snake.
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