Latest Forum Topics / Midas Last:0.192 -- | Post Reply |
Midas
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punter2012
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22-Oct-2012 22:34
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Thanks....but how you determine BB accummulated 2 times at 36 to 42 cents before the huge run from 42? There are quite a few trading days within past 1 yr where the vol is more than 20m, unless you are referring to the 2 days where the vol exceed 30m...  1 in Jan 12 and 1 in Apr 12, when you first started buying Ausgroup for this run?
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khng2012
Master |
22-Oct-2012 21:54
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First of all, I only provide info and never ask to buy. Whoever believe my post, buy with your own risk. I don't take commission why I need to gonna blame if market go the other side. Trade with your own risk.
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khng2012
Master |
22-Oct-2012 21:42
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I am Ng family, He is Tan family. Hahaha... | ||||
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Sgshares
Elite |
22-Oct-2012 21:34
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Where is Victortan now? Gone for good?
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khng2012
Master |
22-Oct-2012 21:31
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I am not him. I accompany my wife to say hello to my future baby with doctor. Hehehe... I don't play share below 10cents.
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khng2012
Master |
22-Oct-2012 21:28
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for Ausgroup 1) BB has accummulated 2 times at 36 to 42cents in past 1 year 2) Civmec listed in SGX provide a good platform for Ausgroup to raise since PE 19 VS PE6. Something is not right here 3) The postive new for Ausgroup to hit in past is order book and dual list plan. Dual list plan is on hold due to MD resigned in 2011. new MD is back and will re-activate it.(I was right even I pointed many time in my previous post but nobody believe that time) 4) The selling  was dry when it sold from 39 cents down till 35.5cents after Civmec rally. Expect a rally is approaching 5) After detecting dry selling and buy in, I waited for a month and price slowly go up with low volume and BB accummulation, confidence level increased use CFD to buy in more to maximise 5 times share holding and set cut loss level at 38cents (But it never drop below) after pass and test 42cents, I fully loaded with CFD and all in. Luck also did partially since dual list plan re-activated. Without dual list plan, Ausgroup still up but with lower speed.
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khng2012
Master |
22-Oct-2012 21:19
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Nothing special, I spot Ausgroup, Alpha and NOL for their bottom price, how it go really depend on the progress it go. A share which is bottom up, with minimum positive news, it can jump up fast. First is to spot if any BB inside. check 3 month to 1 year back trading volume if there  are any  huge volume transacted without price shooting. This is BB accummulation. Second is to know the market whether time is right which can provide positve new continually. Check its peers and the whole market trend whether news are going  to be positive  from the market. Third is to check history to know any news will be possible for it to shoot. Fourth is to check if the accummulation process is end with its volume transacted and find out all the resistance level. No matter break up or break down,  this is let us know when to run or if accummulation process is on going.  Big Market  trend still decide it.  Lastly, be patient to wait.
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Sgshares
Elite |
22-Oct-2012 21:16
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You have to ask him...but possible...so many counters listed in SGX.
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tiancai007
Master |
22-Oct-2012 21:11
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khng2012, u do sound familiar with another former forumer by the name Victortan, the way u write it. He asked forumer to buy pennies. Then give all the reasons, the analysis. When pennies rose in Feb- march, many forumer believed and bought. And when the pennies went down, he go hospital for surgery and never come back leaving those who bought highs sucking their thumbs. I hope u are not of his clones. And I hope u dun suddenly disappear.
Oh u mentioned abt being in hospital dun u? Lol |
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kenkenken
Senior |
22-Oct-2012 21:10
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U sound as if everyday is sunday if one day spot one. Haha.
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punter2012
Member |
22-Oct-2012 21:01
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Mind to share?? How you spot Ausgroup?
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khng2012
Master |
22-Oct-2012 20:45
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41cents is supporting level. Once break, I will unload all cfd and reduce portfolio down to 30% and will load back with lower price. But I hope it won't. Midas has the same chart  as Ausgroup. 42 to 43.5cents is the resistance level in past 1 to 2 years and BB accummulated average price is about 35 to 43cents in past 1 year(once in Oct 2011 and once in Feb 2012). Although Midas break 30cent and touch 27cents but volume is not huge, I don't think BB is able to buy much volume in this price, especially this is the fake sell down done by BB to chase weak holder out. Selling is dry, fake queue still at 42.5 to 44cents and it is reducing this few days. High chance to shoot up. I may be wrong but this is what i believe. |
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khng2012
Master |
22-Oct-2012 20:35
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I load few batch 1st, 39cents, 2nd 29cents, 3rd  41cents and 4th 42cent.  till 70% portfolio now. CFD is about 42cents which load recently.
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kenkenken
Senior |
22-Oct-2012 20:21
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Hi Khng2012, what price did you broght for midas. Care to share?
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khng2012
Master |
22-Oct-2012 17:39
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14 nov shall be 3Q result release. China Infrastructure plan till now is about 2 months. It is the time to hear some project award to midas train partner.
Singapore phase 1 down town line trains' aluminium components ( which are delivered recently) are from midas. Phase 2 phase 3 or thomson line aluminium shall all from midas since the train supplier has preferred contract with midas. Just take note on it. |
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tonylim
Master |
22-Oct-2012 17:29
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Wish you all the best and looking forward to  the good news in the week ahead.
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khng2012
Master |
22-Oct-2012 17:22
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I am full strength with my CFD in midas and 70% portfolio with Midas. Wish me luck for coming week!!! |
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khng2012
Master |
22-Oct-2012 17:18
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http://www.chinadaily.com.cn/china/2012-10/21/content_15834910.htm http://www.chinadaily.com.cn/business/2012-10/17/content_15825252.htm Do you miss the train? |
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khng2012
Master |
22-Oct-2012 15:14
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The steam to trigger Midas fly is 3Q profit result and Fast speed train project re-activated and order from fast speed train is awarded. Midas has done sufficient preparation to welcome the booming of railway industry. Except Railway industry, Marine shipping is dead, Car growth is limited since a lot of cities restrict the number of cars. If China government print money to boost economic, railway and train industry will be the most to be pump in with hot money. Midas is the only one in SGX expose to railway and train industry in china. Don't buy it? What to buy? |
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uncleemperor
Member |
22-Oct-2012 14:34
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I am still holding on to Midas. come November, 0.5 shld not be a problem. Have some faith people! | ||||
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