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risktaker
Supreme |
05-Aug-2009 13:12
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It could be this thursday, as i am based on their previous release date. 7th August. But maybe due to the coming National Day, they might change it to Thursday. The highly positive results shall be in by latest this friday. Good luck to all
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risktaker
Supreme |
05-Aug-2009 12:51
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This Friday. If you want to go in better go in today. :)
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risktaker
Supreme |
05-Aug-2009 12:35
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Ok look at this example. Midas has 1000 million shares. They decided to issue new 120 million shares to private placement. In order to have a speedy & cost effective placement Midas director loan out 120 million shares to its fund manager. Private investor are contacted and happy to purchase all the 120 million shares @ a discount. Initial offer is 100 million shares but due to the overwhelming interest from investors they throw in another 20 million share. Therefore after the new placement of shares the company total shares is 1120 million shares and 120 million shares are return to the directors that previous loan out the shares. Why they do this ? 1) Fast & cost-effective as it reduce alot of admin cost. 2) They have to expand to meet its book order. Midas can be easily in the range of $1.2 - $1.6 by early next year. FY10 book order are expected to raise many times. |
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risktaker
Supreme |
05-Aug-2009 06:25
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Suggestion is to cover. according to my friend. Major correction/pull back will come around DOW 9700-9750 and for STI will come around 2790-2850. Which will drop it back to DOW 9500-9550 range and STI 2650-2699. STI might reach 3000 Year end
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risktaker
Supreme |
05-Aug-2009 06:15
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I had a sneak peek of midas Q2 report in my "dream", and it was just as everyone expected. "FANTASTIC" "FANTASTIC" "FANTASTIC" "FANTASTIC" "FANTASTIC"
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risktaker
Supreme |
05-Aug-2009 05:56
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Anyone been to their suntec office ? Abterra will definitely double its current price easily within 6-12 months time frame. Vested at 0.055 |
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risktaker
Supreme |
05-Aug-2009 05:16
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Midas has a very high chance to hit 0.92 mark this week, as the bulls from US are restarting to run again. The insider trade which transfer shares to and out of directors is for LISTING OF 120,000,000 ORDINARY SHARES on 16 July. The shares was transferred out of the directors which they sell it out in open market to few selected funds/investors. Upon approval of placement of 120,000,000 new shares from the SGX, the 120,000,00 new shares was return to the directors on 26th July 2009. Will invest in midas today, as this week there is a high chance that it will cross 0.92. I agree with richtan chart analysis. The Iron Bull is on the loose to kick the bear in the arse |
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risktaker
Supreme |
05-Aug-2009 04:56
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DOW has cross 9300 mark. At 3pm before closing, funds manager went in to sweep up stocks which resulted DOW crossing the 9300 mark. According to one of my friend, who is an analyst. "DOW Crossing 9300 and based on today's closing move - the market is in track of another Bull RUN for AUGUST. CHEERS for all. |
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