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Midas
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richtan
Supreme |
30-Sep-2009 10:34
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From OCBC Investment Research: Midas Holdings Ltd: Midas' JV wins RMB1.76b contract Midas Holdings (Midas) announced that its 32.5% owned JV, Nanjing Puzhen Rail Transport (NPRT), clinched a contract worth RMB1.76b to supply 288 train cars to the Hangzhou Metro. The cars will be delivered from 2011 to 2013. NPRT's likelihood of winning contracts was highlighted in our previous reports. While it will not affect Midas' financials in the near future, we conservatively estimate that this contract can attribute up to RMB25-30m in bottomline impact from 2011-2013. We are awaiting the impending announcements of China's Ministry of Railway tender awards in the next 2-3 months where Midas is expected to add to the healthy backlog of RMB1.4b (to last till 2011). We think that the positive news flow will be a share price catalyst. Maintain BUY at fair value estimate of S$1.05. (KellyChia) |
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risktaker
Supreme |
30-Sep-2009 10:32
Yells: "Sometimes you think you know, but in fact you dont" |
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zhuge liang is not in the market ... hes withdrawing from market atm :) Zhou Yu too i guess unless he has other plans. Zhou Yu is a BB controlling GoldenAgr, Midas and others stock
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niuyear
Supreme |
30-Sep-2009 10:24
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So let me think, is Zhou Yu a Clam and Zhu ge liang a Snipe? We need living things like them to help fishermen rip the rewards. Cheers!
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bennykusman
Veteran |
30-Sep-2009 10:22
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market is green in all region now.. | ||||
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risktaker
Supreme |
30-Sep-2009 10:22
Yells: "Sometimes you think you know, but in fact you dont" |
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well play zhou yu :) Guess a lot of players fall for it |
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niuyear
Supreme |
30-Sep-2009 10:18
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When the Snipe and the Clam are locked in fight, the fishermen caught both of them. Bravo! |
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richtan
Supreme |
30-Sep-2009 10:17
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Ooops, the BBs tat I m referring to are the local smallish mice lah, easily drown by the gigantic foreign consortium, how to fight, can come out to play only when the cat is away lah.
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richtan
Supreme |
30-Sep-2009 10:14
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Aiyah, when the big tide comes in, all these BBs will be drown lah.
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richtan
Supreme |
30-Sep-2009 10:12
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All tat push-down are just scare tactics to accumulate more at lower prices for the big push-up later when the greed tactics subsequently begins, dun fall prey to them.
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risktaker
Supreme |
30-Sep-2009 10:10
Yells: "Sometimes you think you know, but in fact you dont" |
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if you think BB is bullshit lol good luck
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icecool
Member |
30-Sep-2009 10:06
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 Tat one tat makes the most noises lah about all tat BBs (Big Bull Shit)
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keepnosecrets
Master |
30-Sep-2009 10:01
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So you also agree the chart says Midas is trend up in the longer term? Actually Midas is ok, management quite considerate of shareholders' interests, tat's why dual listings. And I remembered every 3 months it gives dividends. Don't has it changed, I don't really research on this counter.. just play play only. Holding only 20 lots ard 87.5 cents, and will ride it out and see how the dual listings impact the price.
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bennykusman
Veteran |
30-Sep-2009 09:52
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haha.. are you referring to nottakingrisk ?hihi
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risktaker
Supreme |
30-Sep-2009 09:51
Yells: "Sometimes you think you know, but in fact you dont" |
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u guys still dont understand how the game is being played.... despite me giving out hints. But your long term chart for midas is right so stick to your plan.
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richtan
Supreme |
30-Sep-2009 09:48
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The mice coming out to play while the cat is away
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risktaker
Supreme |
30-Sep-2009 09:41
Yells: "Sometimes you think you know, but in fact you dont" |
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boy why is it dropping zhou yu ...
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bennykusman
Veteran |
30-Sep-2009 09:27
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wow..cool..let's see midas today..
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icecool
Member |
30-Sep-2009 09:26
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Empty vessels make the most noises.
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risktaker
Supreme |
30-Sep-2009 09:05
Yells: "Sometimes you think you know, but in fact you dont" |
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wow last min change plan nice :P
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risktaker
Supreme |
30-Sep-2009 08:52
Yells: "Sometimes you think you know, but in fact you dont" |
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Zhou Yu trying to open high and sell all his shares lol :) careful guys | ||||
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