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6841-6860 of 10484
gOOd THiNG mUst gO wrOng FiRST befOre iT can becOme RiGHT.
jUst LEARN frOm all the iNventOrs.
Unfortunately, Richtan is not around to give his charts and suggestion.
Anyway I think he should be a happy man Midas has gone past the $1.05 mark!
Actually should blame it on Cheong Wee for hurting Richtans' pride. Alas.
hotokee ( Date: 04-Mar-2010 09:17) Posted:
| Will it be very crazy today? I want to know the tp to exit if I buy today. |
|
Hope it can touch 1.10 today
hotokee ( Date: 04-Mar-2010 09:17) Posted:
| Will it be very crazy today? I want to know the tp to exit if I buy today. |
|
Will it be very crazy today? I want to know the tp to exit if I buy today.
Midas Cheong Arrrrrrr!!!!! Huat La !!!yipyip ( Date: 28-Feb-2010 18:45) Posted:
|
Midas is going to Cheong UP soon!!! but, Genting is still heading south ....
# Midas Holdings posts 15% rise in FY09 net profit to $37.5m : ) Hahaha
VS
# Genting posts more than 100% rise in FY09 net loss -$227.5m : ( omg
kingong ( Date: 25-Feb-2010 17:25) Posted:
| good luck! but this counter is very slow. I wonder when will it start flyin |
|
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BOOMZ!!..yeah..read ur charts to get ahead of the news
What is the target price? Any expert advice?
Huaaaaat La! ( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ ) ( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ )
( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ ) ( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ )
( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ ) ( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ )
( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ ) ( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ )
Huaaaaat La! ( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ )
Huaaaaat La! ( ^_^)(^_^ )( ^_^ )(^_^ )(^_^ )( ^_^ )
"announcement dated 22 September 2009 " wtf ????
What's the impacts of 300,000,000 new Shares? How many percent does it possess in the total number of shares? thanks a lot.
finally some movement tomorrow !! HUAT AH
trader9988 ( Date: 03-Mar-2010 20:57) Posted:
|
Finally dual listing news (extracted frm SGX annoucement tdy ) :
MIDAS HOLDINGS LIMITED
(Company Registration No. 200009758W)
PROPOSED SECONDARY LISTING ON THE MAIN BOARD OF THE STOCK EXCHANGE
OF HONG KONG LIMITED
Not for release, distribution or publication, into or in, directly or indirectly, the United
States, Australia, Canada or Japan
1. The proposed secondary listing on the Main Board of The Stock Exchange of
Hong Kong Limited, and its rationale and benefits
The board of directors (the “
announcement dated 22 September 2009 and wishes to announce that it intends to seek a
secondary listing (the "
Main Board of The Stock Exchange of Hong Kong Limited (the "
therewith, undertake a global offering (the “
capital of the Company.
The Board believes that the Proposed HK Listing and the Global Offering will help strengthen
the growth prospects of the Company and therefore maximise the value of the Company and
its Shares. The Board is of the view that the Proposed HK Listing and the Global Offering will: Board”) of Midas Holdings Limited (the "Company") refers to theProposed HK Listing") of its ordinary shares (the "Shares") on theSEHK") and in conjunctionGlobal Offering”) of new ordinary shares in the
·
plans; provide the Company with additional capital for its future expansion and other business
·
wider range of institutional and retail investors; provide the Company with an additional channel to raise capital and gain access to a
·
local retail investors in Hong Kong can participate in the equity of the Company; and expand and diversify the Company's investor base as additional institutional investors and
·
Company's long-term growth and development as its operations are principally located in
the PRC.
2. enhance the Company's profile in the PRC and in Hong Kong, thereby benefitting theInformation on the Global Offering
The Company proposes to allot and issue up to 300,000,000 new Shares (the "
Shares
Option (as defined below)). In connection with the Global Offering, the Company may grant
an over-allotment option (the "
(the "
Over-allotment Option is exercised in full, an aggregate of 340,000,000 New Shares will be
issued pursuant to the Global Offering.
The issue price of the New Shares (the “
the underwriters of the Global Offering (the "
commencement of the Global Offering. The Company will be seeking the approval of its
shareholders (the “
discount of not more than 10% to the market price (the "
Shares on the Singapore Exchange Securities Trading Limited (the "
SGX-ST Market Price is either (i) the weighted average price for trades of the Shares done on
the SGX-ST for the full market day on which the SGX-ST is open for securities trading (the
"
Shares done on the SGX-ST for the full Market Day on which the Offer Price is determined,
as may be determined between the Company and the Underwriters. If trading in the Shares is
not available for a full Market Day as at the time the Offer Price is determined, or if the Offer
Price is determined before trading on SGX-ST commences, the SGX-ST Market Price shall
be based on either (i) the weighted average price for trades in Shares executed on the Market
Day immediately preceding the date on which the Shares were traded on the SGX-ST up to
the time the Offer Price is determined; or (ii) the closing price of the Shares on the Market
Day immediately preceding the date the Offer Price is determined, as the case may be.
If, for any reason, the Underwriters and the Company are unable to reach agreement on the
Offer Price, the Global Offering will not proceed and will lapse. In determining the Offer Price,
the Company and the Underwriters will take into consideration, among others, the demand for
the Global Offering, the prevailing price of the Shares on the SGX-ST and the overall market
sentiment. Offer") pursuant to the Global Offering (subject to adjustment and the Over-allotmentOver-allotment Option") of 40,000,000 additional new SharesAdditional Shares", together with the Offer Shares, the "New Shares. In the event theOffer Price”) will be determined by the Company andUnderwriters") closer to the date of theShareholders”) for issue of the New Shares at the Offer Price to be at aSGX-ST Market Price") of theSGX-ST"), where theMarket Day") on which the Offer Price is determined; or (ii) the closing price for trades of the |
|
Finally dual listing news (extracted frm SGX annoucement tdy ) :
MIDAS HOLDINGS LIMITED
(Company Registration No. 200009758W)
PROPOSED SECONDARY LISTING ON THE MAIN BOARD OF THE STOCK EXCHANGE
OF HONG KONG LIMITED
Not for release, distribution or publication, into or in, directly or indirectly, the United
States, Australia, Canada or Japan
1. The proposed secondary listing on the Main Board of The Stock Exchange of
Hong Kong Limited, and its rationale and benefits
The board of directors (the “
announcement dated 22 September 2009 and wishes to announce that it intends to seek a
secondary listing (the "
Main Board of The Stock Exchange of Hong Kong Limited (the "
therewith, undertake a global offering (the “
capital of the Company.
The Board believes that the Proposed HK Listing and the Global Offering will help strengthen
the growth prospects of the Company and therefore maximise the value of the Company and
its Shares. The Board is of the view that the Proposed HK Listing and the Global Offering will:
Board”) of Midas Holdings Limited (the "Company") refers to theProposed HK Listing") of its ordinary shares (the "Shares") on theSEHK") and in conjunctionGlobal Offering”) of new ordinary shares in the
·
plans;
provide the Company with additional capital for its future expansion and other business
·
wider range of institutional and retail investors;
provide the Company with an additional channel to raise capital and gain access to a
·
local retail investors in Hong Kong can participate in the equity of the Company; and
expand and diversify the Company's investor base as additional institutional investors and
·
Company's long-term growth and development as its operations are principally located in
the PRC.
2.
enhance the Company's profile in the PRC and in Hong Kong, thereby benefitting theInformation on the Global Offering
The Company proposes to allot and issue up to 300,000,000 new Shares (the "
Shares
Option (as defined below)). In connection with the Global Offering, the Company may grant
an over-allotment option (the "
(the "
Over-allotment Option is exercised in full, an aggregate of 340,000,000 New Shares will be
issued pursuant to the Global Offering.
The issue price of the New Shares (the “
the underwriters of the Global Offering (the "
commencement of the Global Offering. The Company will be seeking the approval of its
shareholders (the “
discount of not more than 10% to the market price (the "
Shares on the Singapore Exchange Securities Trading Limited (the "
SGX-ST Market Price is either (i) the weighted average price for trades of the Shares done on
the SGX-ST for the full market day on which the SGX-ST is open for securities trading (the
"
Shares done on the SGX-ST for the full Market Day on which the Offer Price is determined,
as may be determined between the Company and the Underwriters. If trading in the Shares is
not available for a full Market Day as at the time the Offer Price is determined, or if the Offer
Price is determined before trading on SGX-ST commences, the SGX-ST Market Price shall
be based on either (i) the weighted average price for trades in Shares executed on the Market
Day immediately preceding the date on which the Shares were traded on the SGX-ST up to
the time the Offer Price is determined; or (ii) the closing price of the Shares on the Market
Day immediately preceding the date the Offer Price is determined, as the case may be.
If, for any reason, the Underwriters and the Company are unable to reach agreement on the
Offer Price, the Global Offering will not proceed and will lapse. In determining the Offer Price,
the Company and the Underwriters will take into consideration, among others, the demand for
the Global Offering, the prevailing price of the Shares on the SGX-ST and the overall market
sentiment.
Offer") pursuant to the Global Offering (subject to adjustment and the Over-allotmentOver-allotment Option") of 40,000,000 additional new SharesAdditional Shares", together with the Offer Shares, the "New Shares. In the event theOffer Price”) will be determined by the Company andUnderwriters") closer to the date of theShareholders”) for issue of the New Shares at the Offer Price to be at aSGX-ST Market Price") of theSGX-ST"), where theMarket Day") on which the Offer Price is determined; or (ii) the closing price for trades of the
this train has many stops
This morning in Channel 8 the chinese morning show - confirm a Buy call and target at S$1.36 !
Spike it Midas, spike!! Hurry up!!
Midas Holdings
On continued expansion track
Maintain BUY; S$1.30 Target Price
Midas’ third production line is on schedule to be installed by 2Q10and
the fourth and fifth lines should also be up by year-end. With each line
having an annual production capacity of 10,000 tonnes per year, this will
lift the Group’s capacity to 50,000 tonnes for 2011, an increase of 250%
from 2009, to deliver its current order books and to meet future demand.
3 downstream processing lines should also be up by 2010 year-end.
We estimate the current order book to be c. RMB1.4bn for its core business
and it is in a strong position to win more orders from China’s booming
railway industry.
Meanwhile, its associate Nanjing Puzhen (NPRT) also has an order book
of RMB6bn-7bn and should contribute even more to Midas’ bottom line
this year.
Maintain BUY, and S$1.30 target price (20x FY10/11 PER).
DBS 1 Mar 2010
macd signal hook up abv zero....gd sign indeed...nxt resistance $1.08.....uptrend line since mar 09 intact.
yes !!! keep moving!:-)
