Midas    Last:0.192   -

Midas

Funny, someone commented that Midas is not implicated as they dont deal directly with the Govt. What they did not realize is, the AR period shown was more than any normal healthy company because, they are now implicated directly with those companies that they deal with. Those companies that they deal with are now under investigation, do you think they are not being told to freeze any payment now pending investigation? If those big companies that Midas supplied its alluminium to apply for chapter 11 or apprehended by the Chinese authorities, do you think Midas is going to get its money?  Very scary right...

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.

 

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? hotokee      ( Date: 28-Mar-2011 11:15) Posted: Frankly, today is the best day to buy stocks. Take note.

 

Why's that?

hotokee      ( Date: 28-Mar-2011 11:15) Posted: Frankly, today is the best day to buy stocks. Take note.

 

Frankly, today is the best day to buy stocks. Take note.

 

Me too. Waiting to buy back though...

Isolator      ( Date: 28-Mar-2011 11:00) Posted: Close most of my position...

 

Close most of my position...

 

It is just the overall market getting a bit of indigestion. 

wisann      ( Date: 28-Mar-2011 10:30) Posted: Any advice on this counter? Seems like it's coming down. Hm..

 

Any advice on this counter? Seems like it's coming down. Hm..

 

“今 年 额 度 太 紧 张 ， 新 增 的 铁 路 项 目 贷 款 基 本 不 发 放 了 ， 已 经 批 的 或 者 承 诺 的 项 目 贷 款 会 继 续 支 持 。 ” 一 家 股 份 行 高 管 表 示 。

在 原 铁 道 部 部 长 、 党 组 书 记 刘 志 军 涉 嫌 高 铁 腐 败 落 马 后 ， 对 2009、 2010年 高 铁 大 干 快 上 期 间 大 量 银 行 信 贷 的 风 险 亦 成 为 各 方 关 注 的 焦 点 。

据 记 者 调 查 ， 近 两 年 的 2万 亿 铁 路 投 资 中 ， 银 行 信 贷 成 为 主 要 资 金 来 源 。 以 2009年 为 例 ， 铁 道 部 获 得 国 内 外 贷 款 4288.95亿 元 ， 相 当 于 2008年 和 2007年 获 得 的 信 贷 总 和 的 两 倍 ， 同 时 贷 款 占 铁 道 部 全 部 资 金 来 源 （ 7576亿 元 ） 的 比 例 高 达 56.6%， 而 2008年 、 2007年 这 一 比 例 仅 为 33.8%、 31.4%。

而 记 者 获 得 的 银 行 对 部 分 中 西 部 铁 路 授 信 调 查 报 告 显 示 ， 这 两 年 给 予 高 铁 项 目 贷 款 大 多 是 信 用 贷 款 ， 并 实 行 基 准 利 率 下 浮 10%的 固 定 利 率 ， 期 限 长 达 近 20年 。

这 些 调 查 报 告 亦 表 明 部 分 地 区 的 高 铁 项 目 的 财 务 状 况 呈 现 投 资 回 报 低 、 投 资 回 收 期 长 ， 特 别 是 在 运 营 期 的 前 3-5年 内 ， 项 目 仍 处 于 亏 损 ， 净 现 金 流 为 负 ， 还 本 付 息 的 风 险 较 大 。

部 分 铁 道 部 和 地 方 政 府 合 资 铁 路 ， 在 地 方 大 力 举 债 之 时 ， 其 资 本 金 能 否 按 期 到 位 ， 也 是 一 大 隐 患 。

更 需 要 引 起 高 度 关 注 的 是 ， 随 着 高 铁 高 歌 猛 进 ， 铁 道 部 未 来 将 面 临 巨 大 的 偿 债 压 力 ， 而 最 终 很 可 能 是 由 国 家 财 政 来 “兜 底 ”。

 

master isolator, share some thoughts on the entry price (long or short).. how do u define the support/resistance (like  why did u look at 1.95 for cosco?)

i understand tat sgtrader looks for the upward and downward trend lines to look for entry price..

wat about u?

thanks

Isolator      ( Date: 26-Mar-2011 02:33) Posted: Sifu master, this type of momentum will only attract my attention.... But I will still look into my screen to find the key point to identify pattern and behaviour...  In fact, honestly your method can work too, but must be consistent with reasonable stop..... I think out of 10 trade, you can win 3-5 trades, but every trade you win more amount than loss... So in average you will still profit.... rotijai      ( Date: 25-Mar-2011 18:01) Posted: master isolator, share some of your thoughts leh.. like if a reliable counter drops a lot, good to long? a reliable counter goes up a lot, good to short? smth like tat ? or u have ur own views

 

Looking at the chart, it should not be a problem for it to cross 80 cents next week.

 

Sifu master, this type of momentum will only attract my attention.... But I will still look into my screen to find the key point to identify pattern and behaviour...  In fact, honestly your method can work too, but must be consistent with reasonable stop..... I think out of 10 trade, you can win 3-5 trades, but every trade you win more amount than loss... So in average you will still profit....

rotijai      ( Date: 25-Mar-2011 18:01) Posted: master isolator, share some of your thoughts leh.. like if a reliable counter drops a lot, good to long? a reliable counter goes up a lot, good to short? smth like tat ? or u have ur own views? Isolator      ( Date: 25-Mar-2011 17:22) Posted: The screen is dead, only you yourself can make it trustable base your character.. I mean your own character and behavior  not others... Everyone is different...  So do not follow what others told u.... Enjoy.

 

Too bad. Me too but at 0.765. And as usual, immediately surge another one cent after.....


Nevermind, live to buy another day. But to me, it's still a buy. Only a few S-Chips worth buying, and this is one of them.

stockwinner      ( Date: 25-Mar-2011 16:31) Posted: offload at 0.765.....

 

master isolator, share some of your thoughts leh..

like if a reliable counter drops a lot, good to long?

a reliable counter goes up a lot, good to short?

smth like tat ? or u have ur own views?

Isolator      ( Date: 25-Mar-2011 17:22) Posted: The screen is dead, only you yourself can make it trustable base your character.. I mean your own character and behavior  not others... Everyone is different...  So do not follow what others told u.... Enjoy.. rotijai      ( Date: 25-Mar-2011 17:10) Posted: mind sharing how to have a trustable screen

 

The screen is dead, only you yourself can make it trustable base your character.. I mean your own character and behavior  not others... Everyone is different...  So do not follow what others told u.... Enjoy..

rotijai      ( Date: 25-Mar-2011 17:10) Posted: mind sharing how to have a trustable screen? Isolator      ( Date: 25-Mar-2011 17:04) Posted: I have always said... Do not let market sentiment affect your trade.... You need to trust your screen... But of course you need to have trustable screen too.... Have a nice weekend...

 

mind sharing how to have a trustable screen?

Isolator      ( Date: 25-Mar-2011 17:04) Posted: I have always said... Do not let market sentiment affect your trade.... You need to trust your screen... But of course you need to have trustable screen too.... Have a nice weekend...

 

My screen  is  made from  a   very  trusted brand      ......lol!

Isolator      ( Date: 25-Mar-2011 17:04) Posted: I have always said... Do not let market sentiment affect your trade.... You need to trust your screen... But of course you need to have trustable screen too.... Have a nice weekend...

 

I have always said... Do not let market sentiment affect your trade.... You need to trust your screen... But of course you need to have trustable screen too.... Have a nice weekend...

 

wokie...

Isolator      ( Date: 25-Mar-2011 16:45) Posted: Relax... it is in uptrends... That's normal...

 

Relax... it is in uptrends... That's normal...