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Midas
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Sgshares
Elite |
16-Oct-2012 11:48
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Come $0.45 / $0.46 for me to sell....quick... LOL OCBC Midas Holdings: Engines just getting warmed up We maintain our BUY rating on Midas Holdings (Midas) and raise our fair value estimate from S$0.435 to S$0.51 in light of the brighter prospects in China’s railway sector. The latest data on total railway fixed asset investments (FAI) in China exhibited an encouraging 92.7% YoY surge to CNY72.7b for the month of Sep, which we believe highlights the progressive recovery in the sector. Another positive development came from the China Ministry of Railways’ (MOR) decision to raise its 2012 railway FAI target from CNY610b to CNY630b, having only previously done so in Sep. Moving forward, we see further re-rating catalysts for Midas when China’s MOR resumes the re-tendering of new HSR passenger train car contracts in the near future and continued traction gains in Midas’ orders win momentum from the urban rail and power industries. |
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khng2012
Master |
16-Oct-2012 11:45
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Paper trader, See once Pui once, Pui Pui Pui !!!!
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Sgshares
Elite |
16-Oct-2012 11:35
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ya...come $0.45 will sell all....LOL
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risktaker
Supreme |
16-Oct-2012 11:28
Yells: "Sometimes you think you know, but in fact you dont" |
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Come clear the 0.43...... I will be waiting ......
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stockmarketmind
Master |
16-Oct-2012 11:23
Yells: "stockmarketmindgames" |
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err...
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khng2012
Master |
16-Oct-2012 11:06
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Don't make conclusion so early... Wait till 3Q result, no harm to wait since price didn't go down below 41cents so far.
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risktaker
Supreme |
16-Oct-2012 11:02
Yells: "Sometimes you think you know, but in fact you dont" |
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We have removed Midas from our China buy list......we foresee limited upside For this counter..... expect counter to be trading within coming weeks 0.32-0.45 Range.... time to take profit...... Good luck.... dont say i didnt warned....... | ||||||
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stockmarketmind
Master |
16-Oct-2012 10:11
Yells: "stockmarketmindgames" |
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finally my timing was so right! http://stockmarketmindgames.blogspot.sg/2012/10/midas-why-today.html |
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dicksonh
Veteran |
16-Oct-2012 09:34
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CHIONG AH!!!!!!!!! | ||||||
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khng2012
Master |
16-Oct-2012 09:26
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Midas is strong buy today. Don't miss it | ||||||
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dicksonh
Veteran |
15-Oct-2012 16:18
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saw this summary update #Midas: NRA Capital examines what will trigger contracts being issued again, and recommend investors to accumulate at $0.40 and below for 2013. Tip next catalyst expected to occur after the Communist Party's 18th Congress Meeting on 8 Nov 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. |
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khng2012
Master |
15-Oct-2012 16:01
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When will be ready? When nobody shout Midas up, it will be ready. So be quiet and patient. | ||||||
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stockmarketmind
Master |
15-Oct-2012 15:56
Yells: "stockmarketmindgames" |
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because it's not ready yet..
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dc16888
Senior |
15-Oct-2012 15:49
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y so slow?
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dicksonh
Veteran |
15-Oct-2012 15:46
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Midas is kinda like sleeping... | ||||||
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Sgshares
Elite |
12-Oct-2012 11:50
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Those who want to buy Midas has to wait for the right signal to enter otherwise your $$$ will be stuck for sometime and face the small ups and downs...I've longed it 1 month back so already into profit. | ||||||
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khng2012
Master |
12-Oct-2012 11:12
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A manipulated stock, Without BB pushing or further quarter report with strong profit, It is not going to move up fast. | ||||||
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yabbest
Senior |
12-Oct-2012 11:11
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its ok its slow, im not a short term trader...holding hold till it get new contracts, and rev up its fine if you a shortist or short term trader, to each his own. gd luck
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stockmarketmind
Master |
12-Oct-2012 11:06
Yells: "stockmarketmindgames" |
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Wow so many Midas fans, the prob is this stock is somewhat slow. | ||||||
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yabbest
Senior |
12-Oct-2012 10:51
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CHINA RAILWAY 3.660 +0.030 +0.826% 10.27M 37.65M 9.46 1.61% CHINA RAIL CONS 7.420 +0.060 +0.815% 8.83M 65.38M 9.40 1.66% thks friend dicksonh
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