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Midas Last:0.192 -

Midas

That is why I said, those who have constantly lost or lost most of the time should give up for good. It really helps in giving you peace of mind and happy family. Use spare money to bring your loved ones out once a while, yes with the money you saved from not losing with speculating, your life surely will be better. Cheers.

iPunter ( Date: 01-Jun-2010 13:52) Posted:

Not many will agree immediately with me when I say this...

The market is a strange place...

Because... Often, the moment one buys, it goes down... And after one has sold, it goes up ...

Strange, but true nevertheless... Smiley

After Midas broke its 10MA n moved down from $1.02 , it reached a low at 83 cents n started to rebound . It was moving up n down these few days n looked like it is forming the bearish rising wedge . Breaking this formation may see the share price moves down again .

pharoah88 ( Date: 01-Jun-2010 10:30) Posted:

Why is the price coming down ?

Now it is well below the 200MA , any rebounce is the reason to sell . If the resistance at 94 cents could not cleared , then the short term double top formation is formed . The rock bottom maybe at 67 cents .

Laulan ( Date: 01-Jun-2010 09:53) Posted:

What do you think is the better price to buy this share?

We would also like to see clinching of more contracts will send the price up .

kiasiDBT ( Date: 31-May-2010 14:35) Posted:

Midas has been clinching one contract after another, we shall see whether "Any rebounce may stop at 94 cents "

Bintang ( Date: 31-May-2010 08:38) Posted:

Weekly DIs are negatively placed now after which were positively placed for more than 12 months . Weekly RSI is also breaking the long term support at 50 to reach 42 last week . Midas 's trend now looks weaker than before . Any rebounce may stop at 94 cents .

This reminds me again of the much adored Italian entertainer Nicolas Darvas...

Who bought and bought and bought on the way up...

Until he became sooooooo rich!.. Smiley

Still buying up.. If got market correction dun buy. wait till good news annoucement then buy different price..

Buy at 28cent 35cents 56cents 73cents 89cents 1 dollar 1.1 dollars.. Still buying

waiting for world cup to buy some more...( long term averaging, saving for the future)

if you see previous research report that china is taking out a few to hundred million a year to upgrade and build new railway, you will definitely harvesting and earning from paper value and wait for it to go up further.

summore now the value is billion... worth waiting

for new ownership, welcome onboard

I might have to rethink about this counter.

MIDAS is a good stock.

It has been cropping up on my radar again and again.

Financial result is good, trading volume is good.

Unfortunately, with my limited capital I've to forgo this stock.

If anyone wants to buy a good China manufacturing company, this is one company I would recommend.

This just my opinion, it is not a call to Buy. You Buy at your own risk.

kiasiDBT ( Date: 31-May-2010 14:35) Posted:

Midas has been clinching one contract after another, we shall see whether "Any rebounce may stop at 94 cents "

Bintang ( Date: 31-May-2010 08:38) Posted:

Weekly DIs are negatively placed now after which were positively placed for more than 12 months . Weekly RSI is also breaking the long term support at 50 to reach 42 last week . Midas 's trend now looks weaker than before . Any rebounce may stop at 94 cents .

Midas has been clinching one contract after another, we shall see whether "Any rebounce may stop at 94 cents "

Bintang ( Date: 31-May-2010 08:38) Posted:

Weekly DIs are negatively placed now after which were positively placed for more than 12 months . Weekly RSI is also breaking the long term support at 50 to reach 42 last week . Midas 's trend now looks weaker than before . Any rebounce may stop at 94 cents .

tonylim ( Date: 30-May-2010 23:28) Posted:

Have fatih in this stock. No reason for it not to rise if not for the poor market sentiment. It has all the positive factors to rise to the occasion

Midas Consortium wins US$167m Shanghai metro deal

Singapore-listed aluminium product manufacturer Midas (MIDA.SI) said on Monday a consortium in which it is part of has clinched a 1.14 billion yuan ($234 million) to supply trains for an upcoming Shanghai metro project.

Nanjing SR Puzhen Rail Transport Co, in which Midas has a 32.5% stake, will lead a group of companies to supply 24 train sets between 2012 and 2013.

Bintang ( Date: 31-May-2010 08:38) Posted:

Weekly DIs are negatively placed now after which were positively placed for more than 12 months . Weekly RSI is also breaking the long term support at 50 to reach 42 last week . Midas 's trend now looks weaker than before . Any rebounce may stop at 94 cents .

tonylim ( Date: 30-May-2010 23:28) Posted:

Have fatih in this stock. No reason for it not to rise if not for the poor market sentiment. It has all the positive factors to rise to the occasion

disclaimer... my shout was not an inducement to buy or sell ..:)

Okay, lah...

Then I "mau" on this one... :)

ozone2002 ( Date: 31-May-2010 14:04) Posted:

CHIONG AHHHHHHHHHHHHHHHHHHHH

93.5

Weekly DIs are negatively placed now after which were positively placed for more than 12 months . Weekly RSI is also breaking the long term support at 50 to reach 42 last week . Midas 's trend now looks weaker than before . Any rebounce may stop at 94 cents .

tonylim ( Date: 30-May-2010 23:28) Posted:

Have fatih in this stock. No reason for it not to rise if not for the poor market sentiment. It has all the positive factors to rise to the occasion.

kiasiDBT ( Date: 30-May-2010 22:55) Posted:

Long white candle on 26/5/10 is bullish key reversal candle on increased vol followed by a bullish harami on 27/5/10

Have fatih in this stock. No reason for it not to rise if not for the poor market sentiment. It has all the positive factors to rise to the occasion.

kiasiDBT ( Date: 30-May-2010 22:55) Posted:

Long white candle on 26/5/10 is bullish key reversal candle on increased vol followed by a bullish harami on 27/5/10.

Bintang ( Date: 30-May-2010 08:04) Posted:

Midas finally broke the neckline at $1.00 on 5 May2010 ,it came down rapidly to fill the gap at 82.5 cents which was created on 10 Nov 2009. Then it made a technical rebounce to 91 cents . There is another gap at 67.5 cents not fill yet .

Long white candle on 26/5/10 is bullish key reversal candle on increased vol followed by a bullish harami on 27/5/10.

Bintang ( Date: 30-May-2010 08:04) Posted:

Midas finally broke the neckline at $1.00 on 5 May2010 ,it came down rapidly to fill the gap at 82.5 cents which was created on 10 Nov 2009. Then it made a technical rebounce to 91 cents . There is another gap at 67.5 cents not fill yet .

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