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Have a good break... :)
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... |
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Going for a short break.... Always must remember to take some profit... Have some liquidation is very useful when needed...
Hopes it matches up.... continues monday.
Wow is 81.5 cents, Can we see higher?
Isolator ( Date: 08-Apr-2011 16:27) Posted:
| Oh.. Is almost 430pm.... Need to encourage Midas to run faster.... |
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Oh.. Is almost 430pm.... Need to encourage Midas to run faster....
BB is a BaBy? lol...
how do you determine a BB... by 100, 500 or 1000 lots?? I have no idea. :/
Isolator ( Date: 08-Apr-2011 15:28) Posted:
| There is no BBs, it mean the retail is doing the buying... wowow... The world has changed... retail getting richer than BBs... Wonderful!! lol... |
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There is no BBs, it mean the retail is doing the buying... wowow... The world has changed... retail getting richer than BBs... Wonderful!! lol...
havent caught BB's attention? looks no big buy up yet
niuyear ( Date: 08-Apr-2011 15:07) Posted:
CIMB - 7 april 2011
OUTPERFORM Maintained
Midas Holdings Ltd S$0.77 @06/04/11 Value has re-emerged Target: S$1.07 Ind Goods & Services - Others SINGAPORE MIDAS SP / MIDA.SI Leong Weihao +65 6210 86 |
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CIMB - 7 april 2011
OUTPERFORM Maintained
Midas Holdings Ltd S$0.77 @06/04/11 Value has re-emerged Target: S$1.07 Ind Goods & Services - Others SINGAPORE MIDAS SP / MIDA.SI Leong Weihao +65 6210 86
It may happen anymoment soon..
Isolator ( Date: 08-Apr-2011 14:33) Posted:
| hmmm.. It has not finish the run up..... |
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hmmm.. It has not finish the run up.....
not no confident la.. just a belief tat normally a counter runs up a lot for a day, the next few days will be sideway
Isolator ( Date: 08-Apr-2011 11:37) Posted:
Why so no confident....
rotijai ( Date: 08-Apr-2011 10:41) Posted:
| i believe midas will stay sideway for a few days, then decide go up or dow |
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Afternoon will continue to see more upwards movement..
Isolator ( Date: 08-Apr-2011 11:37) Posted:
Why so no confident....
rotijai ( Date: 08-Apr-2011 10:41) Posted:
| i believe midas will stay sideway for a few days, then decide go up or dow |
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Why so no confident....
rotijai ( Date: 08-Apr-2011 10:41) Posted:
i believe midas will stay sideway for a few days, then decide go up or down
Isolator ( Date: 08-Apr-2011 10:15) Posted:
| Sorry... I have not say anything le... Sifu, I will listen to you.... |
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i believe midas will stay sideway for a few days, then decide go up or down
Isolator ( Date: 08-Apr-2011 10:15) Posted:
| Sorry... I have not say anything le... Sifu, I will listen to you.... |
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Sorry... I have not say anything le... Sifu, I will listen to you....
Midas can reach 0.825 dan say 1st...
If 0.825 can break, there's a huge wall @ 0.885 waiting.
('',)
Isolator ( Date: 08-Apr-2011 10:07) Posted:
| When it stay above 80ct today.... it mean..... Enjoy... |
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When it stay above 80ct today.... it mean..... Enjoy...
Expecting 1Q11 net profit of S$15m Midas is due to announce its 1Q11 results in mid-May 11. We forecast a net profit of S$15m, up 11% qoq and 55% yoy. We expect minimal downside risks to our forecasts as 1Q11 earnings should have been derived from the delivery of existing orders, unaffected by the change in leadership at the Ministry of Railway. We expect the continual ramp-up of its third and fourth production lines to contribute to sequential revenue growth. Its fifth production line is undergoing trial production and thus should have contributed minimally, if any. Though the trial may raise cost of sales, we expect the delivery of some fabricated train car components to slightly lift profit margins. The metro train manufacturer and associated company of Midas, Nanjing SR Puzhen Rail Transport (NPRT), delivered sterling results for FY10, with contributions to Midas growing 180% yoy to S$9.3m, accounting for 15.6% of its pretax profit (7% in FY09). We expect NPRT’s good performance to continue this year given a sizeable order backlog of Rbm6bn-7bn, in our estimation.
Reiterate Outperform.
exposure of the corruption scandal involving the former Chinese Railway Minister. With
state officials assuring the public and investors that China would continue to develop its
high-speed rail network, we see limited downside risks to our long-term positive outlook
on the industry and the stock. Our earnings estimates and target price of S$1.07 are
intact, still based on 13x CY12 P/E, in line with peers(Cimb)
Value has re-emerged following Midas’s sell-down after theNew123 ( Date: 07-Apr-2011 20:44) Posted:
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Value has re-emerged.
average of 13x and 3-year average forward P/E of 15.8x. Midas has staged a
stronger rebound than its Hong Kong-listed peers following the corruption scandal
(as well as Japanese tsunami). We read this as the market’s confidence in its
established business model. At 9x CY12 P/E, Midas looks attractive against its peer
•
reassurance that China would continue to develop its high-speed rail network under
its national medium-to-long-term programme even after the ouster of the former
minister. China's 12
construction of 21,750 miles of high-speed rail, providing further assurance that rail
development remains an integral part of the country’s growth plan. Continued optimism. China's newly appointed Railway Minister has given theth Five-Year Plan draft released in Mar 11 reveals plans for the
Maintain Outperform.
Midas in reaction to a corruption scandal involving the former Chinese Railway
Minister. With state officials giving the assurance that China would continue to
develop its high-speed rail network in the mid- to long term, we see limited downside
risks for Midas. Our earnings estimates and target price of S$1.07 are intact, still
based on 13x CY12 P/E, in line with peers. Train contract wins for international and
China projects should continue to provide re-rating catalysts(Cimb) We believe value has re-emerged following the sell-down of |
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