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Midas

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Isolator
    25-Mar-2011 11:27  
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I hope you can get back what you lost in other counters... Cheers!

goldenpiggy      ( Date: 25-Mar-2011 11:24) Posted:

Got in just in time!!!  :)

goldenpiggy      ( Date: 25-Mar-2011 11:14) Posted:

gonna get more...  :)


 
 
goldenpiggy
    25-Mar-2011 11:24  
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Got in just in time!!!  :)

goldenpiggy      ( Date: 25-Mar-2011 11:14) Posted:

gonna get more...  :)

 
 
goldenpiggy
    25-Mar-2011 11:14  
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gonna get more...  :)
 

 
Isolator
    25-Mar-2011 11:12  
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It rest yesterday... Today will continue to move up...
 
 
goldenpiggy
    25-Mar-2011 10:54  
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Is it still gathering at .76 before heading up??
 
 
Isolator
    25-Mar-2011 10:28  
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Midas is in a strong uptrend.... getting above 80ct is easily achieve....
 

 
GuavaXF30
    25-Mar-2011 09:12  
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Stay in tune. Today should see action. LAGGARD ! My previous call on Baker Tech shooting up now.

New123      ( Date: 24-Mar-2011 16:05) Posted:

Hope to see 80 cents soon. Vested at 90+ cents when it came down. Hope to see it recover back to 95 - $1.00..

 
 
New123
    24-Mar-2011 16:05  
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Hope to see 80 cents soon. Vested at 90+ cents when it came down. Hope to see it recover back to 95 - $1.00..
 
 
hotokee
    24-Mar-2011 15:45  
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Will take a few weeks to go back to above $0.90 and even to above $1.00.   I am holding mine very steadfastly until I make enough, though I would watch when to dispose as I said after 3 months time.. Hahaha.

Bluevaio      ( Date: 24-Mar-2011 11:29) Posted:



By OCBC Research

Technical Analysis
Midas - Further recovery after bullish break


By Philip Teo
Wed, 23 Mar 2011, 08:39:16 SGT

Further recovery after bullish break

Lower channel boundary intact. Midas is likely to see further upside potential after initiating a strong rebound at the lower boundary of its 14-month downtrend channel recently this was later followed by a strong bullish break of the $0.72 key support-turned-resistance on heavy volume yesterday.

Indicators turning bullish. With the RSI just starting to climb out from the oversold region and the MACD recently initiating a bullish crossover, these suggest that the upside momentum is building up.

Initial resistance at $0.79. We expect the counter to climb towards the initial resistance at $0.79 (key support-turned-resistance) for a test a break above this level will mean further recovery towards the next resistance at $0.86 (key support-turned-resistance).

Immediate support at $0.72. Meanwhile, $0.72 is now the newly established immediate support, ahead of $0.66 (recent trough) and $0.60 (key resistance-turned-support).






Bluevaio      ( Date: 24-Mar-2011 11:23) Posted:

Now still can buy ma?? Up so many days already...


 
 
hotokee
    24-Mar-2011 15:40  
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Hahaha, what an analogy!! 

junction      ( Date: 24-Mar-2011 11:04) Posted:

V good explanation

Jimmytai      ( Date: 24-Mar-2011 10:53) Posted:



if you read the announcements in midas investor relation website, you will realise that midas does not work directly with MOR, they do not bid for train contracts. Companies that bid for train contracts from the government are the ones that are under investigation. The companies that wins the contract from the goverment will then request quotes from companies like Midas that are suppliers to supply parts for the train. lets put this in simple terms.

  Chicken rice uncles sells chicken rice, Midas chicken supplies chicken to chicken rice store for him to sell. Chicken rice uncle evade tax, got caught and fined. Midas chicken continues to supply chicken like any other day. Period.


 

 
Isolator
    24-Mar-2011 14:29  
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When it never want to rest...... It mean it can be going very very high....
 
 
GuavaXF30
    24-Mar-2011 12:43  
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Could be it's just starting..... ?

stockwinner      ( Date: 24-Mar-2011 12:42) Posted:

today volume really low compare to yesterday...but suddenly close at 0.76 at first half...why?

 
 
stockwinner
    24-Mar-2011 12:42  
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today volume really low compare to yesterday...but suddenly close at 0.76 at first half...why?
 
 
GuavaXF30
    24-Mar-2011 12:31  
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My thinking, drop from almost 1.00 because of bribery scare. Now confirmed they not being investigated, and because up these few dys with small volume, means, most ppl have not bought yet. When they do, fast spring back to 0.90 quite possible, if not probable. Still got good chance to get in as long as below 0.80.

Bluevaio      ( Date: 24-Mar-2011 11:23) Posted:

Now still can buy ma?? Up so many days already...

 
 
Bluevaio
    24-Mar-2011 11:29  
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By OCBC Research

Technical Analysis
Midas - Further recovery after bullish break


By Philip Teo
Wed, 23 Mar 2011, 08:39:16 SGT

Further recovery after bullish break

Lower channel boundary intact. Midas is likely to see further upside potential after initiating a strong rebound at the lower boundary of its 14-month downtrend channel recently this was later followed by a strong bullish break of the $0.72 key support-turned-resistance on heavy volume yesterday.

Indicators turning bullish. With the RSI just starting to climb out from the oversold region and the MACD recently initiating a bullish crossover, these suggest that the upside momentum is building up.

Initial resistance at $0.79. We expect the counter to climb towards the initial resistance at $0.79 (key support-turned-resistance) for a test a break above this level will mean further recovery towards the next resistance at $0.86 (key support-turned-resistance).

Immediate support at $0.72. Meanwhile, $0.72 is now the newly established immediate support, ahead of $0.66 (recent trough) and $0.60 (key resistance-turned-support).






Bluevaio      ( Date: 24-Mar-2011 11:23) Posted:

Now still can buy ma?? Up so many days already...

 

 
Bluevaio
    24-Mar-2011 11:23  
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Now still can buy ma?? Up so many days already...
 
 
GuavaXF30
    24-Mar-2011 11:18  
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Thanks. Just because of this, I buy !

junction      ( Date: 24-Mar-2011 11:04) Posted:

V good explanation

Jimmytai      ( Date: 24-Mar-2011 10:53) Posted:



if you read the announcements in midas investor relation website, you will realise that midas does not work directly with MOR, they do not bid for train contracts. Companies that bid for train contracts from the government are the ones that are under investigation. The companies that wins the contract from the goverment will then request quotes from companies like Midas that are suppliers to supply parts for the train. lets put this in simple terms.

  Chicken rice uncles sells chicken rice, Midas chicken supplies chicken to chicken rice store for him to sell. Chicken rice uncle evade tax, got caught and fined. Midas chicken continues to supply chicken like any other day. Period.


 
 
niuyear
    24-Mar-2011 11:16  
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A three-year-old boy from China is about five times the normal weight of a child of the same age.

 

China 3 year old  boyweighs 57 kg

 

 

His ancestors who helped build the  railway tracks  in US, weighed only perhaps, 5 kg when they were 3 yrs old. 





krisluke      ( Date: 24-Mar-2011 10:55) Posted:

let's hope that china will build a rail track which link beijing to london. It would benefit the scholars and thus civilisation

 
 
junction
    24-Mar-2011 11:04  
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V good explanation

Jimmytai      ( Date: 24-Mar-2011 10:53) Posted:



if you read the announcements in midas investor relation website, you will realise that midas does not work directly with MOR, they do not bid for train contracts. Companies that bid for train contracts from the government are the ones that are under investigation. The companies that wins the contract from the goverment will then request quotes from companies like Midas that are suppliers to supply parts for the train. lets put this in simple terms.

  Chicken rice uncles sells chicken rice, Midas chicken supplies chicken to chicken rice store for him to sell. Chicken rice uncle evade tax, got caught and fined. Midas chicken continues to supply chicken like any other day. Period.


Salute      ( Date: 23-Mar-2011 23:06) Posted:

why is it suddenly cleared from the huge embezzlement of govt fund for train projects


 
 
krisluke
    24-Mar-2011 10:55  
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let's hope that china will build a rail track which link beijing to london. It would benefit the scholars and thus civilisation
 
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