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From OCBC Investment Research:
Midas Holdings Ltd:
Midas' JV wins RMB1.76b contract
Midas Holdings (Midas) announced that its 32.5% owned JV, Nanjing Puzhen Rail Transport (NPRT), clinched a contract worth RMB1.76b to supply 288 train cars to the Hangzhou Metro.
The cars will be delivered from 2011 to 2013.
NPRT's likelihood of winning contracts was highlighted in our previous reports.
While it will not affect Midas' financials in the near future, we conservatively estimate that this contract can attribute up to RMB25-30m in bottomline impact from 2011-2013.
We are awaiting the impending announcements of China's Ministry of Railway tender awards in the next 2-3 months where Midas is expected to add to the healthy backlog of RMB1.4b (to last till 2011).
We think that the positive news flow will be a share price catalyst.
Maintain BUY at fair value estimate of S$1.05. (KellyChia)
zhuge liang is not in the market ... hes withdrawing from market atm :) Zhou Yu too i guess unless he has other plans. Zhou Yu is a BB controlling GoldenAgr, Midas and others stock
niuyear ( Date: 30-Sep-2009 10:24) Posted:
So let me think, is Zhou Yu a Clam and Zhu ge liang a Snipe? We need living things like them to help fishermen rip the rewards. Cheers!
niuyear ( Date: 30-Sep-2009 10:18) Posted:
When the Snipe and the Clam are locked in fight, the fishermen caught both of them. Bravo! |
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So let me think, is Zhou Yu a Clam and Zhu ge liang a Snipe? We need living things like them to help fishermen rip the rewards. Cheers!
niuyear ( Date: 30-Sep-2009 10:18) Posted:
When the Snipe and the Clam are locked in fight, the fishermen caught both of them. Bravo! |
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market is green in all region now..
well play zhou yu :) Guess a lot of players fall for it
When the Snipe and the Clam are locked in fight, the fishermen caught both of them. Bravo!
Ooops, the BBs tat I m referring to are the local smallish mice lah, easily drown by the gigantic foreign consortium, how to fight, can come out to play only when the cat is away lah.
richtan ( Date: 30-Sep-2009 10:14) Posted:
Aiyah, when the big tide comes in, all these BBs will be drown lah.
risktaker ( Date: 30-Sep-2009 10:10) Posted:
| if you think BB is bullshit lol good luc |
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Aiyah, when the big tide comes in, all these BBs will be drown lah.
risktaker ( Date: 30-Sep-2009 10:10) Posted:
if you think BB is bullshit lol good luck
icecool ( Date: 30-Sep-2009 10:06) Posted:
 Tat one tat makes the most noises lah about all tat BBs (Big Bull Shit |
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All tat push-down are just scare tactics to accumulate more at lower prices for the big push-up later when the greed tactics subsequently begins, dun fall prey to them.
keepnosecrets ( Date: 30-Sep-2009 10:01) Posted:
So you also agree the chart says Midas is trend up in the longer term? Actually Midas is ok, management quite considerate of shareholders' interests, tat's why dual listings. And I remembered every 3 months it gives dividends. Don't has it changed, I don't really research on this counter.. just play play only. Holding only 20 lots ard 87.5 cents, and will ride it out and see how the dual listings impact the price.
risktaker ( Date: 30-Sep-2009 09:51) Posted:
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u guys still dont understand how the game is being played.... despite me giving out hints. But your long term chart for midas is right so stick to your plan.
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if you think BB is bullshit lol good luck
icecool ( Date: 30-Sep-2009 10:06) Posted:
Tat one tat makes the most noises lah about all tat BBs (Big Bull Shit)
bennykusman ( Date: 30-Sep-2009 09:52) Posted:
| haha.. are you referring to nottakingrisk ?hihi
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Tat one tat makes the most noises lah about all tat BBs (
Big
Bull
Shit)
bennykusman ( Date: 30-Sep-2009 09:52) Posted:
haha.. are you referring to nottakingrisk ?hihi
icecool ( Date: 30-Sep-2009 09:26) Posted:
| Empty vessels make the most noises. |
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So you also agree the chart says Midas is trend up in the longer term? Actually Midas is ok, management quite considerate of shareholders' interests, tat's why dual listings. And I remembered every 3 months it gives dividends. Don't has it changed, I don't really research on this counter.. just play play only. Holding only 20 lots ard 87.5 cents, and will ride it out and see how the dual listings impact the price.
risktaker ( Date: 30-Sep-2009 09:51) Posted:
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u guys still dont understand how the game is being played.... despite me giving out hints. But your long term chart for midas is right so stick to your plan.
richtan ( Date: 30-Sep-2009 09:48) Posted:
| The mice coming out to play while the cat is awa |
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haha.. are you referring to nottakingrisk ?hihi
icecool ( Date: 30-Sep-2009 09:26) Posted:
| Empty vessels make the most noises. |
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u guys still dont understand how the game is being played.... despite me giving out hints. But your long term chart for midas is right so stick to your plan.
richtan ( Date: 30-Sep-2009 09:48) Posted:
The mice coming out to play while the cat is away
risktaker ( Date: 30-Sep-2009 09:41) Posted:
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boy why is it dropping zhou yu ... |
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The mice coming out to play while the cat is away
risktaker ( Date: 30-Sep-2009 09:41) Posted:
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boy why is it dropping zhou yu ...
icecool ( Date: 30-Sep-2009 09:26) Posted:
| Empty vessels make the most noises. |
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boy why is it dropping zhou yu ...
icecool ( Date: 30-Sep-2009 09:26) Posted:
| Empty vessels make the most noises. |
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wow..cool..let's see midas today..
risktaker ( Date: 30-Sep-2009 09:05) Posted:
wow last min change plan nice :P
risktaker ( Date: 30-Sep-2009 08:52) Posted:
| Zhou Yu trying to open high and sell all his shares lol :) careful guys
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Empty vessels make the most noises.
wow last min change plan nice :P
risktaker ( Date: 30-Sep-2009 08:52) Posted:
| Zhou Yu trying to open high and sell all his shares lol :) careful guys
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Zhou Yu trying to open high and sell all his shares lol :) careful guys
