Latest Forum Topics / Midas Last:0.192 -- | Post Reply |
Midas
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khng2012
Master |
07-Nov-2012 17:41
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3E3A3339BB53185648257AAF002FC962/$file/Midas_ProfitGuidance3Q2012_English.pdf?openelement S-chip is really a S-chip. Today rally is totally a con job. PUI!!! |
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halleluyah
Elite |
07-Nov-2012 17:40
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Oh NO, kena profit guidance | ||||
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halleluyah
Elite |
07-Nov-2012 17:31
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Bro Khng, u nt vested in noble? Never heard of u talking abt it.  Tomolo results after  closing expected to b gd. Gd  counter quite diversified.
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khng2012
Master |
07-Nov-2012 17:00
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5 trading day to 14 Nov. If friday, Midas don't issue profit guidance. I will buy more.
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halleluyah
Elite |
07-Nov-2012 16:57
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bro khng, can play play wth BBs as selling Q nt tt much like last time. vested some at 0.39  | ||||
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khng2012
Master |
07-Nov-2012 16:45
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Keep very long time already. Seem like BB playing funny game for fun. Queue at high lot and sell back to small fish. Don't know good or bad new will come.
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halleluyah
Elite |
07-Nov-2012 16:28
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anyone loading ??
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paccch
Member |
07-Nov-2012 16:26
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speed will be accelerated after the handing over of leadership.  
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tonylim
Master |
07-Nov-2012 16:22
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Train starting to move
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katak88
Senior |
07-Nov-2012 14:57
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This is to notify the bc-date and payment for the interim dividend announced during the last quarterly announcement on 14 Aug 2012 (Q2 results)
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skk888
Veteran |
06-Nov-2012 22:16
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Yeah.. I see.. Anyway re-read the announcement in detail.. It seems to be more of a "reminder"..
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steadylar
Veteran |
06-Nov-2012 20:46
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Here's an extract  taken from article  published in  NextInsight:........ 'Worth keeping a close watch on Midas ! - could retrace old highs again !!!???' Nothwithstanding the poor earnings outlook for Midas in 2012 - the shares are worth keeping an eye and if certain events happen - we could see a retracement above the S$1.00 level. The catalyst for Midas is political. The business has slowed down because there are no new high speed train contracts but China is only halfway through its 2020 target. What will trigger contracts being issued again? This is expected to occur after the Communist Party's 18th Congress Meeting on 8 November 2012. At this meeting the rail ministry which used to be run quite independently with military backers is expected to be subsumed under the Ministry of Transport. The second factor is financing for the rail ministry to issue contracts is now in place. So post the Communist Party's 18th meeting - we could see the rail ministry issuing high speed contracts again. This will be good for Midas and could see its order book swell and also its profits rebound leading to a rebound in its share price....... WATCH OUT for these events in the rests of 2012. Once they start winning new high speed contracts - I can put Midas back into My Stock Picks list......but as of now its speculative.....hence this note. Barring the award of new high speed train contracts, Midas has a decent base load of municipal contracts - this should provide some share price support at the S$0.40. So while we are waiting for the China Rail Ministry to award contracts, we can look to accumulate Midas shares at the S$0.40 level and below for an earnings recovery in 2013. |
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skylark
Member |
06-Nov-2012 20:37
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Anyway, based on 2011, the dividend amount was announced before the results as well.  http://midas.listedcompany.com/newsroom.html/year/2011.  | ||||
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skylark
Member |
06-Nov-2012 20:21
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http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_3E4D99487E441F3248257AAE00376776/$file/Midas_NoticeofBookClosure2012_InterimDividend_English.pdf?openelement | ||||
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steadylar
Veteran |
06-Nov-2012 20:13
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Hi, I checked sgx website, err....no dividend for Nov announced there yet, where u find out abt the div? By the way, Midas last yr gave half cts twice, in May and Nov. The earlier yrs a quarter cts per quarter,  which  is still 1 ct per yr.  
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steadylar
Veteran |
06-Nov-2012 20:08
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Ya, no buying and selling pressure, likely in waiting mode, waiting for orders to be announced.    
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stockmarketmind
Master |
06-Nov-2012 19:52
Yells: "stockmarketmindgames" |
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Midas just not participating in any rally. | ||||
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skk888
Veteran |
06-Nov-2012 18:48
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MIDAS announced dividend before results? Interesting.. wonder why...  |
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steadylar
Veteran |
06-Nov-2012 08:29
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wow, CNR got so many new rail projects, hope MIDAS gets a few projects too.   |
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Ann3332
Member |
06-Nov-2012 00:01
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China CNR won 13 supply contracts with customers both at home and abroad,  http://www.globaltimes.cn/content/742394.shtml  Will this help Midas?
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