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When the big foreign fish comes in, all this ikan bilis local BBs (how to fight with those foreign big fish) will go into hiding or get drown out.
risktaker ( Date: 29-Sep-2009 09:32) Posted:
He read market behavior and change tactics. Awesome strategist, guess i finally found the "Zhou Yu" :)
risktaker ( Date: 29-Sep-2009 09:23) Posted:
| The BB that is playing Midas is a old timer very experience player in controlling stocks.
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Read this from CNA forum, just fyi:
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2ndIncome
Joined: 03 Jun 2009 Posts: 164
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Posted: Tue Sep 29, 2009 9:04 am Post subject: Midas Supporter lip lai |
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Do not sell cheap. I repeat. Do not sell cheap. I received wind that this morning before 10am, Local BBs pushing down to collect cheap.
Once HSI opens and Foreign BBs wake up by then, all will rush in to support MIDAS. Local BBs will have no choice but to buy back.
Keep watch on MIDAS. |
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He read market behavior and change tactics. Awesome strategist, guess i finally found the "Zhou Yu" :)
risktaker ( Date: 29-Sep-2009 09:23) Posted:
| The BB that is playing Midas is a old timer very experience player in controlling stocks.
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it will surely crack 0.90 if not today tomorrow :) but i will be out of midas for sure this week.
tankuku ( Date: 29-Sep-2009 09:23) Posted:
| Not much of buying power cos market already factor in the contract announment some time back. |
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Not much of buying power cos market already factor in the contract announment some time back.
The BB that is playing Midas is a old timer very experience player in controlling stocks.
My advice is not to be too eager-beaver to take short profits and remember the 3rd golden mantra:
3) Cut losses short n let profit runs with trailing stops, we need to let profit runs as much as it can to cover all the losses made n yet make net gains. When we hit the cut-loss, never be emotional, be mechanical, immediately exit n never regret even if later it goes up bcos if dun cut, wat if it continues to go down, preserving ammunition to fight another day is the key. We can always re-enter if there is another buy sign candles, even if buying at a higher price



Patience does has its virtues. The tortoise will eventually win the race.
ahhh 0.89 only
risktaker ( Date: 29-Sep-2009 08:56) Posted:
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gonna open at 0.91 :)
good news for midas supporters :)
striker ( Date: 28-Sep-2009 22:37) Posted:
Mainboard-listed Midas Holdings says that Hangzhou Metro Co. has awarded a RMB1.76 billion ($366 million) contract to Midas’ joint venture company, Nanjing SR Puzhen Rail Transport Co. (NPRT) to supply 48 metro train sets totalling 288 train cars for the Hangzhou Metro Line 1 Project. NPRT has an estimated 63% share of this contract.
Delivery of the 288 train cars is expected to commence over the period from May 2011 to August 2013. As such this contract will have a positive impact on the financial results for the financial years ending from 2011 to 2013.
Midas has a 32.5% equity stake in NPRT, a Sino-foreign joint venture, to engage in the development, manufacturing and sale of metro trains, bogies and their related parts.
© 2009 - The Edge Singapore
tkimcs ( Date: 28-Sep-2009 22:11) Posted:
| thanks, Richtan. I can load some based on the price today and good news recieved today. My chinese colleague just told me that Midas got another contract in Hanzhou. Not sure of the actual value, need verification. Maybe forum expert can share more info on the contract.
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OMG today few BB inside midas haha gonna be good game today
haha you will be chasing the price then :)
Richman ( Date: 28-Sep-2009 23:05) Posted:
I will buy at around 0.82 to 0.83..... Hope it is posible. Nothing is 100%
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With the latest contracts, I m sure all the broking houses will start to re-rate the Fv n tgt price upwards liow, they just go with the flow like willow tree bending according to the wind direction.
richtan ( Date: 29-Sep-2009 00:10) Posted:
| PM Wen has last week announced that there will be an accelerated development to double the railway networks of 6 provinces in Central China. |
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PM Wen has last week announced that there will be an accelerated development to double the railway networks of 6 provinces in Central China.
I will buy at around 0.82 to 0.83..... Hope it is posible. Nothing is 100%
wow! forgot to load. tomorrow sure run. good luck to those vested
Mainboard-listed Midas Holdings says that Hangzhou Metro Co. has awarded a RMB1.76 billion ($366 million) contract to Midas’ joint venture company, Nanjing SR Puzhen Rail Transport Co. (NPRT) to supply 48 metro train sets totalling 288 train cars for the Hangzhou Metro Line 1 Project. NPRT has an estimated 63% share of this contract.
Delivery of the 288 train cars is expected to commence over the period from May 2011 to August 2013. As such this contract will have a positive impact on the financial results for the financial years ending from 2011 to 2013.
Midas has a 32.5% equity stake in NPRT, a Sino-foreign joint venture, to engage in the development, manufacturing and sale of metro trains, bogies and their related parts.
© 2009 - The Edge Singapore
tkimcs ( Date: 28-Sep-2009 22:11) Posted:
| thanks, Richtan. I can load some based on the price today and good news recieved today. My chinese colleague just told me that Midas got another contract in Hanzhou. Not sure of the actual value, need verification. Maybe forum expert can share more info on the contract.
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thanks, Richtan. I can load some based on the price today and good news recieved today. My chinese colleague just told me that Midas got another contract in Hanzhou. Not sure of the actual value, need verification. Maybe forum expert can share more info on the contract.