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dual listing is why I am in..see the effect on Zee Obee ?? miss one train..cannot miss another.
Slow and steady wins the race - an old adage that is apt at the moment. Needs a lot of patience and good sense rather than panic when the market experience some kind of reaction because of Obama's proposed control on the banking system
stockseeker ( Date: 23-Jan-2010 15:44) Posted:
This correction does seem to set everyone in the tight spot.
Buy, if look at the shareholder listings of Midas (visit its web site), I think it should set the confidence right. (^_^)
minyak ( Date: 23-Jan-2010 15:36) Posted:
Midas is quite expensive compare to the peers
awarded contracts dose not mean profit
a lot of china shares = accounting flaw
such as fiberchem,ferro ,......
trade with extra care
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This correction does seem to set everyone in the tight spot.
Buy, if look at the shareholder listings of Midas (visit its web site), I think it should set the confidence right. (^_^)
minyak ( Date: 23-Jan-2010 15:36) Posted:
Midas is quite expensive compare to the peers
awarded contracts dose not mean profit
a lot of china shares = accounting flaw
such as fiberchem,ferro ,......
trade with extra care
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Midas is quite expensive compare to the peers
awarded contracts dose not mean profit
a lot of china shares = accounting flaw
such as fiberchem,ferro ,......
trade with extra care
It is not overstretched as there is still more upside pending more good news. It is not a specultive stock but for mid or long term investors
Hulumas ( Date: 23-Jan-2010 13:13) Posted:
What shall we do?
ronleech ( Date: 23-Jan-2010 10:13) Posted:
| This counter already stretched to it's limit........think it will head down to 90++cts ...... |
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What shall we do?
ronleech ( Date: 23-Jan-2010 10:13) Posted:
| This counter already stretched to it's limit........think it will head down to 90++cts ...... |
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This counter already stretched to it's limit........think it will head down to 90++cts ......
midas drop as low as $1 before rebounding. this is probably due to late afternoon strong US futures and euro market started +ve.
however personally think this is dead cat pounce.
US indices close amost 2% lower. i think STI will get the stick again come opening next monday.
one should also look at the wider scenerio now, new circulating around the market is not +ve. china increase bank captial ratio, US regulators control of banking regulation. strong USD, buying interest in bonds, treasury bills would probably show investor are withdrwaing from stocks and switch to safer bet.
i still believe the market could correcr as much as 10%.
Cos aft 4pm, FTSE100, DAX & CAC's Mkts starts open... (
http://www.liveindices.com/)
purelotus ( Date: 21-Jan-2010 23:28) Posted:
Why after 4PM? Any reason?
Bon3260 ( Date: 21-Jan-2010 15:27) Posted:
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Y dun u try Osim? Do u noe y Biosensors & Osim r climbing? Dun u realize sm Counters r related 2 medical treatmt r moving up? Cos sm Counters deal wif medical treatmt in USA oredi r climbing...
If u insist Midas... U can try set buying 1.04/5 tmr aft 4pm. If cnt get dan 4get it & try another time lor... Tis' e only safe way I guess... |
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thanks for supporting.Risktaker, you think will drop below $1 tmr?
risktaker ( Date: 21-Jan-2010 23:52) Posted:
Going to buy midas again tomorrow :)
kingong ( Date: 21-Jan-2010 23:51) Posted:
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After 4pm,everybody load off to enjoy their weekend. |
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Going to buy midas again tomorrow :)
kingong ( Date: 21-Jan-2010 23:51) Posted:
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After 4pm,everybody load off to enjoy their weekend.
purelotus ( Date: 21-Jan-2010 23:28) Posted:
| Why after 4PM? Any reason |
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After 4pm,everybody load off to enjoy their weekend.
purelotus ( Date: 21-Jan-2010 23:28) Posted:
Why after 4PM? Any reason?
Bon3260 ( Date: 21-Jan-2010 15:27) Posted:
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Y dun u try Osim? Do u noe y Biosensors & Osim r climbing? Dun u realize sm Counters r related 2 medical treatmt r moving up? Cos sm Counters deal wif medical treatmt in USA oredi r climbing...
If u insist Midas... U can try set buying 1.04/5 tmr aft 4pm. If cnt get dan 4get it & try another time lor... Tis' e only safe way I guess... |
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Why after 4PM? Any reason?
Bon3260 ( Date: 21-Jan-2010 15:27) Posted:
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Y dun u try Osim? Do u noe y Biosensors & Osim r climbing? Dun u realize sm Counters r related 2 medical treatmt r moving up? Cos sm Counters deal wif medical treatmt in USA oredi r climbing...
If u insist Midas... U can try set buying 1.04/5 tmr aft 4pm. If cnt get dan 4get it & try another time lor... Tis' e only safe way I guess...
kingong ( Date: 21-Jan-2010 15:05) Posted:
| for long term investment. but i don want to buy at a high price too. is the price nw consider reasonable? |
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cant wait. bought another 20 lots at 1.04. wish myself good luck!
hit the resistence wall around $1.10.
i think it could fall back to around +90cents in days ahead.
STI look like it is deem for a consolidation phrase before continue uptrend.
Y dun u try Osim? Do u noe y Biosensors & Osim r climbing? Dun u realize sm Counters r related 2 medical treatmt r moving up? Cos sm Counters deal wif medical treatmt in USA oredi r climbing...
If u insist Midas... U can try set buying 1.04/5 tmr aft 4pm. If cnt get dan 4get it & try another time lor... Tis' e only safe way I guess...
kingong ( Date: 21-Jan-2010 15:05) Posted:
| for long term investment. but i don want to buy at a high price too. is the price nw consider reasonable? |
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for long term investment. but i don want to buy at a high price too. is the price nw consider reasonable?
Ask urself 1st... R u treated it as Long / Short Term?
kingong ( Date: 21-Jan-2010 14:59) Posted:
can buy now?or wait for it to drop first?
any advise?thanks. |
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can buy now?or wait for it to drop first?
any advise?thanks.
I am also holding at a few price, with majority lock in when china gov annoucement railway stimulus package..
even if midas dont issue div is ok... like microsoft... if they can use the money to make higher rate of return why return to shareholder at this point in time...
Need other 3-5years for midas to mature as a train manufacturer... Lock in at 50cent is ok....
wait for big gain.. $1 to make $10 or $20 in five or ten years is better than using $1 to make 5cent or 10cent in short term... (calculate how many time one need to trade to reach $10 in capital gain... Assumption is based on 100% accuracy in short term trade.. How many day trader or contra player can say they make profit in every trade..
Bon3260 ( Date: 18-Jan-2010 22:25) Posted:
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Sm of my friends r still holding Midas @ ard 0.50+. They put their monies there 4 long term. Compare FD in e bank. They felt dat Midas' better cos got CDs every Qtr. But now they r planning 2 sell all aft Q4 results. & buy back during Mar10 / May10. Of cos, I'm not advised pple 2 do dat. But they said "Diff pple, diff way of earning monies. If can earn / make monies, who care u r using wat way...".
knightbridge ( Date: 18-Jan-2010 21:30) Posted:
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Buying midas is not looking at div play.. at this stage... Pathetic div... Investors should be looking for growth.. organic and expansion mode.. Whether will be a big train manufacturer 5 years down the road like some french or US train maker. |
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