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Midas

James, is Kim Eng vested Midas?

 

Any pictures to share

 

 

here is more about dividend on this stock -

1st Interim Dividend (one-tier exempt) of 0.25 cent per ordinary share for the financial year ending 31 December 2010

Record Date	27/08/2010
Record Time	17:00
Date Paid/Payable (if applicable)	15/09/2010

more details - http://www.midas.com.sg/ir/index.html

 

Seems like the current fall is result of market downturn, Midas looks to be strong in terms of current order book and marginal profits. I'm positive for a target price of 1.10

 

thier Div is all time the same 1/4 cents for every qtr

chyn_no      ( Date: 12-Aug-2010 22:58) Posted: hi, anyone know what is the dividend payout per lot ? frm the sgx website, it stated 0.25. which i think is highly impossible? anyone?

 

On Friday, Midas broke the major support at $0.89 and closed at $0.885 with HIGH volume of 12.5 million shares traded.

Three black candles occurred in the last three days.  Although these candles were not big enough to create three black crows, the steady downward pattern is bearish.

Both RSI & MACD are bearish as RSI near to “oversold region”

Important Resistance of Midas: $0.89

Immediate Support of Midas: $0.835

Currently prices are way below the 20 / 50/100/200 days MA.

We would not suggest buying Midas now since prices have just broken a major support at $0.89 at HIGH volume which indicates a bearish signal.

Shortists will be watching this counter very closely for further trading opportunities on Monday as prices are still far from the next major support at $0.835.

SEE ANALYSIS FOR STRAITSASIA


In fact, we suspect that the “trading activities” for Midas will be high next week as the bulls and bears fights for their glory.

 

good buy !!

freeme      ( Date: 20-Aug-2010 20:41) Posted: whack 20lots on midas 0.89

 

whack 20lots on midas 0.89

 

Touch 88cts today.  Let go??  There's some 1 lot buy / sell game going on. In -ive position. Getting confused. Thanks.

Bintang      ( Date: 04-Jul-2010 15:09) Posted: Midas has gone below 94 cents as a strong support again , it ended at 90.5 cents at close . It is forming a small  inverted flag formation , breaking which may go to as low as 82.5 cents . Bintang      ( Date: 25-Jun-2010 08:48) Posted: Midas has come down to fill the gap at 96.5 cents already . If it would  go below 94 cents which becomes a major resistance , then the next important support is an 79 cents . Breaking which may form a H&S pattern

 

Per my post in another forum, the 0.25 cents dividend follows the same amount div declared in March, and another one in May. Amount is not much but at least the management is issuing something back to shareholders on a very regular basis.

Disclaimer : Vested and long on Midas.

 

SGD 0.0025 ONE-TIER TAX

 

hi,

anyone know what is the dividend payout per lot ?

frm the sgx website, it stated 0.25. which i think is highly impossible? anyone?

 

 hahaha.......try one more time, can see web site？

 

http://www.remisiers.org/research//midas072910.pdf

joyceseetu      ( Date: 29-Jul-2010 23:20) Posted:   Can be used as reference TP S$1.21......... http://www.remisiers.org/research//midas072910.pdf joyceseetu      ( Date: 29-Jul-2010 23:18) Posted: Can be used as reference TP S$1.21......... http://www.remisiers.org/research//midas072910.pdf

 

 

Can be used as reference

TP S$1.21.........

http://www.remisiers.org/research//midas072910.pdf

joyceseetu      ( Date: 29-Jul-2010 23:18) Posted: Can be used as reference TP S$1.21......... http://www.remisiers.org/research//midas072910.pdf

 

Can be used as reference

TP S$1.21.........

http://www.remisiers.org/research//midas072910.pdf

 

http://news.xinhuanet.com/english2010/sci/2010-05/27/c_13319787.htm

More info see if it makes any sense. Unfortunately not a JV coy with Midas

 

BEIJING, June 8 -- China has written a blueprint for a new high speed railway network across the country. Within two years, four routes will be built for passenger express trains running north to south.

They include Beijing to Shanghai rail, Beijing to Hong Kong rail, Beijing to Harbin rail and Beijing to Shenzhen rail. Another four routes, running east to west, will also be built. They're Xu-zhou (shu-jo) to Lan-zhou, Hang-zhou to Kunming, Qingdao to Taiyuan and Shanghai to Chengdu. High speed rail will especially play an important role in three inter-city regions. That's in the Circum-Bohai-Sea region, the Yangtze River Delta and the Pearl River Delta. Based on the plan, half of the country will be covered by high speed rails by 2012.

http://news.xinhuanet.com/english2010/video/2010-06/08/c_13339164.htm

Hopely with this plans the beneficieries would be MIDAS, Question is who are the other bidders

 

 

Aiya, very sian, why never move, like 80 year old ah kong, moves 1 step, stop and rest. don't know when can have kopi money? sian sian sian...

 

reaching target of $1 soon..

ozone2002      ( Date: 21-Jun-2010 09:29) Posted: no la..not bear trap.. if u buy stocks with gd fundamentals..where got trap.. unless it's overpriced.... right now midas should be trading >$1 in my opinion..