Post Reply
5261-5280 of 10484
I think the chances is high given the company is in the niche mkt and a well run established business and product. Is just a matter of time for it to unfold to you..May be the next contract secure will make it run faster...
goldenpiggy ( Date: 14-Apr-2011 21:17) Posted:
What are the chances of it leaping to .84 - .85 after this news??? Chances of it dropping more lightly don't you think?
New123 ( Date: 14-Apr-2011 21:13) Posted:
|
Midas ‘share price is down 14% YTD on policy risks overhang following a change of top official
at Ministry of Railways. Recent contract wins by its customers namely CNR and CSR, totalling
> RMB6b since Mar11, should help to alleviate such concerns.
We now expect FY11 and FY12 net profit to come in
at S$66m and S$80m (old: S$71m and S$92m), which are both 5% below consensus. Our new
derived TP of S$0.98 is pegged to 18x FY11 P/E (old: 20x) to reflect lower earnings visibility into
FY12. Share price is likely to be order book driven and should see strong support at historical
trough valuation of 1.5x P/B, or S$0.70 level. Maintain BUY.(DMG) |
|
|
|
What are the chances of it leaping to .84 - .85 after this news??? Chances of it dropping more lightly don't you think?
New123 ( Date: 14-Apr-2011 21:13) Posted:
|
Midas ‘share price is down 14% YTD on policy risks overhang following a change of top official
at Ministry of Railways. Recent contract wins by its customers namely CNR and CSR, totalling
> RMB6b since Mar11, should help to alleviate such concerns.
We now expect FY11 and FY12 net profit to come in
at S$66m and S$80m (old: S$71m and S$92m), which are both 5% below consensus. Our new
derived TP of S$0.98 is pegged to 18x FY11 P/E (old: 20x) to reflect lower earnings visibility into
FY12. Share price is likely to be order book driven and should see strong support at historical
trough valuation of 1.5x P/B, or S$0.70 level. Maintain BUY.(DMG) |
|
Midas ‘share price is down 14% YTD on policy risks overhang following a change of top official
at Ministry of Railways. Recent contract wins by its customers namely CNR and CSR, totalling
> RMB6b since Mar11, should help to alleviate such concerns.
We now expect FY11 and FY12 net profit to come in
at S$66m and S$80m (old: S$71m and S$92m), which are both 5% below consensus. Our new
derived TP of S$0.98 is pegged to 18x FY11 P/E (old: 20x) to reflect lower earnings visibility into
FY12. Share price is likely to be order book driven and should see strong support at historical
trough valuation of 1.5x P/B, or S$0.70 level. Maintain BUY.(DMG)
Hi all, can someone advise me if i sell my stock on ex- dividend date, am i still entitle to receive the dividend?
Thank you in advance.
Hope to see it leap up to 84.5 - 85 cents.
Strong buy queue
Not smart... Just want to sleep well.... lol...
Smart move. Whole market looks toppish.
Isolator ( Date: 13-Apr-2011 23:41) Posted:
I took profit, but I am not going to short this... I want to sleep well by reducing my long position.... Anyway, gd luck! |
|
I took profit, but I am not going to short this... I want to sleep well by reducing my long position.... Anyway, gd luck!
Can we see more upwards movment tmr? May be 85 cents....
Hulumas ( Date: 13-Apr-2011 18:00) Posted:
I keep buying now!
Isolator ( Date: 13-Apr-2011 16:11) Posted:
|
|
|
I keep buying now!
Isolator ( Date: 13-Apr-2011 16:11) Posted:
|
Take profit now......
if midas can't hold at 0.795. U may want to take profit first. Just my 2 cents :)
Sorry, think this will be broken. The rise up last week was too fast and for no real reason. This week's news not really substantial.
amitkatyal ( Date: 12-Apr-2011 18:06) Posted:
0.78
wisann ( Date: 12-Apr-2011 15:24) Posted:
Anyone can tell where the support for MIDAS?
From my chart, it is at 79c (by moving average 50d)
|
|
|
|
0.78
wisann ( Date: 12-Apr-2011 15:24) Posted:
Anyone can tell where the support for MIDAS?
From my chart, it is at 79c (by moving average 50d)
|
|
0.8wisann ( Date: 12-Apr-2011 15:24) Posted:
Anyone can tell where the support for MIDAS?
From my chart, it is at 79c (by moving average 50d)
|
|
Anyone can tell where the support for MIDAS?
From my chart, it is at 79c (by moving average 50d)
Just in time to reenter Midas..... See you in 90ct when I am really back.... Enjoy....
MIDAS EMBARKS ON CAPACITY EXPANSION PLANS IN LUOYANG CITY
SECURES MASTER SUPPLY AGREEMENT WITH LUOYANG CSR
- Construction of new plant in Luoyang City, Henan Province targeted to be
completed in the second half of 2012
- To supply 100% of Luoyang CSR’s requirements for aluminium alloy
extrusion products and fabricated parts on a “preferred supplier basis”
- Poised to leverage on proximity to customers and ease of transport to tap
growth opportunities in Central and Southern China
With the addition of new production capacity at Luoyang City, the Group’s total annual extrusion production capacity is set to increase by 40% from 50,000 tonnes currently to 70,000 tonnes. Its annual downstream fabrication capacity to process train car body components will also increase by 30% from 1,000 train cars currently to 1,300 train cars.
The new production plant will be funded by proceeds raised from Midas’ Hong Kong secondary listing in October 2010 and internal resources. The above developments are not expected to have a material financial impact on the Group for the financial year ending December 31, 2011.
Okay lah. Midas should cover your GAR short loss. End of the day, still got other days to come back and play.... have a good rest.
Isolator ( Date: 08-Apr-2011 17:16) Posted:
| Going for a short break.... Always must remember to take some profit... Have some liquidation is very useful when needed... |
|
