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Midas

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ozone2002
    17-Nov-2009 21:04  
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which karoke we gg?

clean or filthy? keke
 
 
Bon3260
    17-Nov-2009 21:03  
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Pple'll again take profit once Midas reaches abv @ 0.90. Dunno when can reach 1.00. So dat we can go Karaoke 2gether... ('',)

But compare 2 other counters. Midas recovery's fast...



risktaker      ( Date: 17-Nov-2009 10:24) Posted:

Relax :) hehe 0.90 :P

yongjp      ( Date: 17-Nov-2009 10:18) Posted:

just watc


 
 
ozone2002
    17-Nov-2009 10:59  
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as a TA man i have to agree..

waiting to sell n buy back cheaper



bradical      ( Date: 17-Nov-2009 10:44) Posted:

With indicators MFI close to top and stochastics overbought, the risk is that the counter may reach 90cts, but as its top for this cycle. Will wait another two weeks for dip to buy.

 

 
bradical
    17-Nov-2009 10:44  
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With indicators MFI close to top and stochastics overbought, the risk is that the counter may reach 90cts, but as its top for this cycle. Will wait another two weeks for dip to buy.
 
 
risktaker
    17-Nov-2009 10:24  
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Relax :) hehe 0.90 :P

yongjp      ( Date: 17-Nov-2009 10:18) Posted:

just watch

tonylim      ( Date: 16-Nov-2009 13:57) Posted:

It is gathering steam, rather


 
 
yongjp
    17-Nov-2009 10:18  
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just watch

tonylim      ( Date: 16-Nov-2009 13:57) Posted:

It is gathering steam, rather.

yongjp      ( Date: 16-Nov-2009 11:46) Posted:

Choo choo train ran out of steam again.


 

 
ozone2002
    16-Nov-2009 15:36  
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89 is a tough one to crack..

2.5k lots in the sell Q
 
 
risktaker
    16-Nov-2009 14:37  
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Might Break 0.90 by Today if not Tomorrow.

 
 
 
tonylim
    16-Nov-2009 13:57  
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It is gathering steam, rather.

yongjp      ( Date: 16-Nov-2009 11:46) Posted:

Choo choo train ran out of steam again.

 
 
yongjp
    16-Nov-2009 11:46  
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Choo choo train ran out of steam again.
 

 
tonylim
    16-Nov-2009 10:24  
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Agreed.  It is registered as an investment company but end up manufacturing aluminium products for the train cabins.  It also invested in a couple of railway companies.  So, it is both.  It is also exploring into producing parts for the aerospace industry.

risktaker      ( Date: 16-Nov-2009 10:19) Posted:

ya, Midas holding company is an investment holding limited. Then it has other companies under it doing the manufacturing/business indirectly or directly related to rails. All holding company is investment company. Where it sit on top and owns other manufacturing business. It will still be classified as Manufacturing due to its sub nature.

Like KSH Holding - same :)



bennykusman      ( Date: 16-Nov-2009 10:10) Posted:

tony, 

believe it or not, this is an investment company... in indonesia, there is one company that is similar to this.. it's share name is BUMI... they said that it's a company doing coal mining like straitAsia, but if you dig deeper, this is just a investment company.. they are buying coal mining company and invest in them.. they dont actually hold a real mining factory... midas is also the same.. it's a investment company focusing in china for their railway works...read the midas website for their company profile..



 
 
risktaker
    16-Nov-2009 10:19  
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ya, Midas holding company is an investment holding limited. Then it has other companies under it doing the manufacturing/business indirectly or directly related to rails. All holding company is investment company. Where it sit on top and owns other manufacturing business. It will still be classified as Manufacturing due to its sub nature.

Like KSH Holding - same :)



bennykusman      ( Date: 16-Nov-2009 10:10) Posted:

tony, 

believe it or not, this is an investment company... in indonesia, there is one company that is similar to this.. it's share name is BUMI... they said that it's a company doing coal mining like straitAsia, but if you dig deeper, this is just a investment company.. they are buying coal mining company and invest in them.. they dont actually hold a real mining factory... midas is also the same.. it's a investment company focusing in china for their railway works...read the midas website for their company profile..



tonylim      ( Date: 16-Nov-2009 10:07) Posted:

It is classified under Manufacturing


 
 
bennykusman
    16-Nov-2009 10:10  
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tony, 

believe it or not, this is an investment company... in indonesia, there is one company that is similar to this.. it's share name is BUMI... they said that it's a company doing coal mining like straitAsia, but if you dig deeper, this is just a investment company.. they are buying coal mining company and invest in them.. they dont actually hold a real mining factory... midas is also the same.. it's a investment company focusing in china for their railway works...read the midas website for their company profile..



tonylim      ( Date: 16-Nov-2009 10:07) Posted:

It is classified under Manufacturing.

bennykusman      ( Date: 16-Nov-2009 10:05) Posted:

Midas Holdings Limited was incorporated on 17 November 2000 as an investment holding company, with initial strategic investments focusing on two emerging product markets in the People's Republic of China (PRC) large-section aluminium alloy extrusion products and polyethylene pipes, where there is a need for these products in the fast developing and growing PRC transportation, power and....

 

this is quoted from midas website.



 
 
tonylim
    16-Nov-2009 10:07  
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It is classified under Manufacturing.

bennykusman      ( Date: 16-Nov-2009 10:05) Posted:

Midas Holdings Limited was incorporated on 17 November 2000 as an investment holding company, with initial strategic investments focusing on two emerging product markets in the People's Republic of China (PRC) large-section aluminium alloy extrusion products and polyethylene pipes, where there is a need for these products in the fast developing and growing PRC transportation, power and....

 

this is quoted from midas website.



tonylim      ( Date: 16-Nov-2009 10:00) Posted:

Beeny, I think you are out of touch.  It is not an investment company.  It produces aluminium extrusion for train cabins.  The management is well regarded


 
 
Salute
    16-Nov-2009 10:07  
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Hei,

don't you all remember richtan's chart. all these critical points had been pointed out. It's just timing which is not easy to judge it right

 
 

 
bennykusman
    16-Nov-2009 10:05  
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Midas Holdings Limited was incorporated on 17 November 2000 as an investment holding company, with initial strategic investments focusing on two emerging product markets in the People's Republic of China (PRC) large-section aluminium alloy extrusion products and polyethylene pipes, where there is a need for these products in the fast developing and growing PRC transportation, power and....

 

this is quoted from midas website.



tonylim      ( Date: 16-Nov-2009 10:00) Posted:

Beeny, I think you are out of touch.  It is not an investment company.  It produces aluminium extrusion for train cabins.  The management is well regarded.

bennykusman      ( Date: 16-Nov-2009 09:52) Posted:

just a reminder.. midas is not a railway company.. midas is a investment company... this is a risk that is invisible... because you are not investing straight into the company itself... if the management is not good, all the money can gone easily or go up easily also..


 
 
risktaker
    16-Nov-2009 10:02  
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like i say it will test 0.90 :) if break 0.93 it "might" go up to $1.00 

Titan888      ( Date: 16-Nov-2009 09:36) Posted:

Interesting way to move up... :) but can it sustain at this price?

 
 
tonylim
    16-Nov-2009 10:00  
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Beeny, I think you are out of touch.  It is not an investment company.  It produces aluminium extrusion for train cabins.  The management is well regarded.

bennykusman      ( Date: 16-Nov-2009 09:52) Posted:

just a reminder.. midas is not a railway company.. midas is a investment company... this is a risk that is invisible... because you are not investing straight into the company itself... if the management is not good, all the money can gone easily or go up easily also..

tonylim      ( Date: 16-Nov-2009 09:42) Posted:

Don't miss the boat - act now.  2010 will be the year for Midas.  Not forgetting, the billion dollar Malaysia railway contract being awarded to  China


 
 
bennykusman
    16-Nov-2009 09:52  
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just a reminder.. midas is not a railway company.. midas is a investment company... this is a risk that is invisible... because you are not investing straight into the company itself... if the management is not good, all the money can gone easily or go up easily also..

tonylim      ( Date: 16-Nov-2009 09:42) Posted:

Don't miss the boat - act now.  2010 will be the year for Midas.  Not forgetting, the billion dollar Malaysia railway contract being awarded to  China.

Titan888      ( Date: 16-Nov-2009 09:36) Posted:

Interesting way to move up... :) but can it sustain at this price?


 
 
Titan888
    16-Nov-2009 09:50  
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Already vested since months back, just waiting to huat.

Cheers



tonylim      ( Date: 16-Nov-2009 09:42) Posted:

Don't miss the boat - act now.  2010 will be the year for Midas.  Not forgetting, the billion dollar Malaysia railway contract being awarded to  China.

Titan888      ( Date: 16-Nov-2009 09:36) Posted:

Interesting way to move up... :) but can it sustain at this price?


 
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