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Midas

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rotijai
    29-Mar-2011 17:33  
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never bother what BB's doing.

just look at the price and evaluate the risk/reward  are taking..

master isolator is right that even BB has to respect the market.

Joe2020      ( Date: 29-Mar-2011 17:16) Posted:

What are you thinking So? Thinking of BB Qing the BBs? They are coming tomorrow to burn this train

goldenpiggy      ( Date: 29-Mar-2011 17:12) Posted:

I think so too...


 
 
Joe2020
    29-Mar-2011 17:16  
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What are you thinking So? Thinking of BB Qing the BBs? They are coming tomorrow to burn this train

goldenpiggy      ( Date: 29-Mar-2011 17:12) Posted:

I think so too...

 
 
goldenpiggy
    29-Mar-2011 17:12  
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I think so too...
 

 
Joe2020
    29-Mar-2011 16:44  
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Isolator
    29-Mar-2011 16:38  
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No one cannot goes against markets including BB....
 
 
goldenpiggy
    29-Mar-2011 16:35  
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BB holding it down...  :(

Isolator      ( Date: 29-Mar-2011 13:55) Posted:

I can only say it has already retraced down enough... It will continue uptrend to 84ct....

 

 
Isolator
    29-Mar-2011 13:55  
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I can only say it has already retraced down enough... It will continue uptrend to 84ct....
 
 
hotokee
    29-Mar-2011 13:08  
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This share might downward trend for sometime to below 75 cents with strong support at 65/66 cents.   But if there are some breaking news that are positive, it might be pushed to 80 cents which is a strong resistance point. Expected that the volatility will not be large for sometime, probably after ex-dividends.
 
 
Isolator
    29-Mar-2011 11:02  
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It will continue to march to 84ct....
 
 
Isolator
    29-Mar-2011 09:37  
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Nothing to fear... can accumulate more now....
 

 
GuavaXF30
    29-Mar-2011 09:20  
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OOPS. Midas down again. Any news ?

Isolator      ( Date: 28-Mar-2011 16:26) Posted:

Hmmm.... Can earn from the markets is more important.... See you at 84ct

 
 
lowchia
    28-Mar-2011 22:32  
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On Monday, Midas re-tests the resistance at $0.785 and closed at $0.77 with LOW volume of 5.5 million shares traded.

A black candle stick with long lower shadow similar to a “hanging man” indicates the rally has weakened and prices may pullback soon.

Both RSI & MACD are bullish as RSI trend upwards.

Important Resistance of Midas: $0.785

Immediate Support of Midas: $0.73

Currently prices are supported by 20 days MA at $0.73.

It is obvious that investors began to............ READ MORE


 

 


 
 
catalyst
    28-Mar-2011 19:26  
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Haha I like your take on the bottomline!

That's so true.

Isolator      ( Date: 28-Mar-2011 16:26) Posted:

Hmmm.... Can earn from the markets is more important.... See you at 84ct

 
 
Isolator
    28-Mar-2011 16:26  
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Hmmm.... Can earn from the markets is more important.... See you at 84ct
 
 
Jackpot2010
    28-Mar-2011 16:22  
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anyway u pointed out correctly - even 162 days is alarming. some  could end up as bad debts next fy, causing px to dive.
 

 
DelphinusSnow
    28-Mar-2011 16:18  
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ooopss..sorry sorry...honest mistake...excel error....shld be 162 instead. thx for pointing out.

Jackpot2010      ( Date: 28-Mar-2011 14:53) Posted:



Using FY2010 results, NOT possible AR turnover  = " 526 days" -  Can show how you calculated this  ? Not vested.

Turnover = $207m (FY09 $150m) vs A/R = $99.9m (FY09 $54.9m)

 

hotokee      ( Date: 25-Mar-2011 14:20) Posted:

Wa, wa, so scary arh?   Then I sell loh, but only after 3 months


 
 
Jackpot2010
    28-Mar-2011 14:53  
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Using FY2010 results, NOT possible AR turnover  = " 526 days" -  Can show how you calculated this  ? Not vested.

Turnover = $207m (FY09 $150m) vs A/R = $99.9m (FY09 $54.9m)

 

hotokee      ( Date: 25-Mar-2011 14:20) Posted:

Wa, wa, so scary arh?   Then I sell loh, but only after 3 months.

DelphinusSnow      ( Date: 25-Mar-2011 13:03) Posted:



people...dun mean to pour cold water...but what kept me from buying Midas is:

comparing FY10 to FY09 results

Sales increase 38%
A/c receivables increase 82%
Cash increase 142%

and AR turnover is 526 days....very alarming given that most companys will give 60 days, max 90...

pls beware.

 


 
 
Isolator
    28-Mar-2011 14:53  
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The uptrend still intact.... Should have rest enough already...
 
 
Isolator
    28-Mar-2011 14:15  
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I have reenter some again.... Let's see it can hit 84ct.....
 
 
GuavaXF30
    28-Mar-2011 12:12  
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Agree but maybe not today. Market will come down a few days. Has risen a bit far already post Tsunami.

hotokee      ( Date: 28-Mar-2011 11:34) Posted:

Because when the market goes down, you stand to buy your counters cheaper, basing on the market still in bullish trend, you stand to make money later..  

goldenpiggy      ( Date: 28-Mar-2011 11:22) Posted:

Why's that


 
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