Midas    Last:0.192   -

Midas

Another round of dividend is coming when they announced their 2nd Qtr. They pay dividend twice  yearly..Hopefully the result will be good so that they can be higher than 0.5 cents...

 

Salute      ( Date: 30-May-2011 23:12) Posted: The last AGM, I understand that they won't be spending money building plants as the lastest one is in the center of China which can manufacture those train- body to different areas which are not covered by the rest of the ready-building plants. they also go to the bank a few times a year to confirm the recorded bank account and it's a cost plus pricing. Hope next year they can give out more in Dividend. In fact, it's frustrating at the dividend given out by company just like many other china counters.

 

Is time to go above 80ct again...

 

haiya..its not his first time " prophesying" the other way lah..posting funny pictures and giving all kinds of negative feedback..

  it is true that No bets cannot lose. But this bet wont be one of them.

Salute      ( Date: 30-May-2011 22:56) Posted: I am curious about the 50cts by Sept.....why did you get this source , is it your TA analysis

 

The last AGM, I understand that they won't be spending money building plants as the lastest one is in the center of China which can manufacture those train- body to different areas which are not covered by the rest of the ready-building plants. they also go to the bank a few times a year to confirm the recorded bank account and it's a cost plus pricing.

Hope next year they can give out more in Dividend.

In fact, it's frustrating at the dividend given out by company just like many other china counters.

 

I am curious about the 50cts by Sept.....why did you get this source , is it your TA analysis

 

why and wh source is this from,pls if possible

 

It will be rebounding to above 80ct....

 

Its going to be 50 cents by end of September

New123      ( Date: 30-May-2011 13:26) Posted: It will be nice to see it goes back to 80 cents.. Isolator      ( Date: 30-May-2011 12:04) Posted: Going to attempt 81.5 again...

 

Hold tight and be ready for the rebound...

 

It will be nice to see it goes back to 80 cents..

Isolator      ( Date: 30-May-2011 12:04) Posted: Going to attempt 81.5 again...

 

Going to attempt 81.5 again...

 

I think is good time for this counter to move up from here soon..

 

There should be some action soon...

 

Basically, the profit is not very exciting. as a about 1 billion shares company, it ought to do better.

The div is horrific and it is reporting in Singdollar, you need to factor in the statement of total comprehensive profit/loss.  Which make them look bad.

NTA also low.  So either play into PE or NTA which it has neither one.

 

Just my thought.  Anyway MFT is shouting BUY BUY BUY..........

Salute      ( Date: 26-May-2011 21:56) Posted: Quite disappointed. Midas biz strategy sounds good, and they are not those holigans. The worry could be the yuan appreciation. will be mati if it keep dropping.

 

Wrong IPO place in SGX!

Salute      ( Date: 27-May-2011 12:00) Posted: How much do you know about this company and their strategy, you said s-chip are good to invest, why you think this one is a conned one??

 

How much do you know about this company and their strategy, you said s-chip are good to invest, why you think this one is a conned one??

 

Do you own homework. Any prices weakening , ppl are waiting to pick up more...

Hulumas      ( Date: 27-May-2011 10:29) Posted: Because it is one of the S-chip indeed, so it is conned here too, I suppose! Salute      ( Date: 26-May-2011 21:56) Posted: Quite disappointed. Midas biz strategy sounds good, and they are not those holigans. The worry could be the yuan appreciation. will be mati if it keep dropping.

 

Because it is one of the S-chip indeed, so it is conned here too, I suppose!

Salute      ( Date: 26-May-2011 21:56) Posted: Quite disappointed. Midas biz strategy sounds good, and they are not those holigans. The worry could be the yuan appreciation. will be mati if it keep dropping.

 

Be patience and Be positive . I think is rotational play. Once it started to breakout 69 cents and higher then it will resume its uptrend soon...If not, can still wait to collect 2nd round of dividend for the next qtr result...

Salute      ( Date: 26-May-2011 21:56) Posted: Quite disappointed. Midas biz strategy sounds good, and they are not those holigans. The worry could be the yuan appreciation. will be mati if it keep dropping.

 

Quite disappointed. Midas biz strategy sounds good, and they are not those holigans. The worry could be the yuan appreciation.

will be mati if it keep dropping.