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6081-6100 of 10484
New contract also affected by market sell-down..Hope it can hold at the current price..
| Midas unit wins $16m contract |
| WRITTEN BY THE EDGE | |
| MONDAY, 07 FEBRUARY 2011 17:29 |
Midas Holdings says its aluminium alloy division has secured a contract worth RMB82 million ($15.9 million) from CNR Changchun Railway Vehicles Co.
Under the deal, Jilin Midas will supply aluminium alloy extrusion profiles, including certain fabricated parts, for 30 train sets or 240 train cars, for the CRH5 EMU inter-city high speed train project. Delivery is expected to take place in 2011.
The contract is expected to have a positive impact for the financial year ending December 31, 2011.
No problem, I keep buying as long as price < Sgd. 1.0
New123 ( Date: 07-Feb-2011 16:09) Posted:
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MIDAS KICKS OFF 2011 WITH HIGH SPEED TRAIN CONTRACT WIN
- Worth RMB82 million Awarded by CNR Changchun
- Supply of aluminium alloy extrusion profiles, including certain fabricated parts, for 30 train sets (240 train cars)
- Delivery in 201
This contract is expected to have a positive impact on the Group‟ s financials for the financial year ending December 31, 2011http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_E29E62F7E4BA768148257830002C4ECE/$file/Midas-NewsRelease1-07Feb11.pdf?openelement
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_FEEE8CA5479AF39648257830002CCC51/$file/Midas-NewsRelease2-07Feb11.pdf?openelement
Singapore & Hong Kong, February 7, 2011 - Midas Holdings Limited (麦 达 斯 控 股 有 限 公 司 ) (“Midas” or the “Company”, together with its subsidiaries, the “Group” SGX-ST stock code: 5EN SEHK stock code: 1021) is pleased to announce that its Aluminium Alloy Division, Jilin Midas Aluminium Industries Co., Ltd (吉 林 麦 达 斯 铝 业 有 限 公 司 ) (“Jilin Midas”) has been conferred the prestigious “Well-Known Trademark” (“驰 名 商 标 ”) by the Trademark Office of the State Administration for Industry & Commerce of the PRC (“中 国 国 家 工 商 行 政 管 理 总 局 商 标 局 ”) (“SAIC”).
I think may be good to buy around 92 - 93 cents...
Since you say so, I buy today!
genting^2 ( Date: 30-Jan-2011 09:35) Posted:
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I think FY results coming at around end-feb.
genting^2 ( Date: 07-Feb-2011 10:06) Posted:
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0.95 breakable/
I think one way.......the big word today is belittle. Don't belittle ME......
iPunter ( Date: 31-Jan-2011 12:43) Posted:
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It can go either way...
Andrew ( Date: 31-Jan-2011 12:22) Posted:
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Time to snap up at 0.93 before it goes down
genting^2 ( Date: 30-Jan-2011 09:35) Posted:
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| 0.930 | 241,000 | 463,000 | 0.935 |
| 0.925 | 848,000 | 476,000 | 0.940 |
| 0.920 | 553,000 | 420,000 | 0.945 |
| 0.915 | 248,000 | 429,000 | 0.950 |
| 0.910 | 331,000 | 516,000 | 0.955 |
| 0.905 | 119,000 | 514,000 | 0.960 |
| 0.900 | 295,000 | 304,000 | 0.965 |
| 0.895 | 74,000 | 174,000 | 0.970 |
| 0.890 | 157,000 | 30,000 | 0.975 |
| 0.885 | 33,000 | 129,000 | 0.980 |
| 0.880 | 67,000 | 215,000 | 0.985 |
genting^2 ( Date: 31-Jan-2011 10:32) Posted:
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Is it a good time to buy at 0.93?
On Friday, Midas remains trending sideways and closed at $0.94 with LOW volume of 2.28 million shares traded.
A black candle sticks with lower shadow affirms that prices remains support and investors began buying up.
Both RSI & MACD are flat as RSI trend sideways
Important Resistance of Midas: $0.96
Immediate Support of Midas: $0.925
Currently prices are resisted by 50/200 days MA at $0.96
Midas continues to trend sideway since Oct 2010 with the key resistance at $1.01 and key support at $0.925.
Prices has..........READ MORE
Time to snap up at 0.94 before it goes up
Heng ah.....never buy yesterday. Mrkt may dip further as PRC implement property tax, Egypt, DJ dip.
But my FS master say avoid investment in Feb........
chyn_no ( Date: 29-Jan-2011 10:20) Posted:
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well.. hoping that it could dip a bit further.
Wah....94 loh......Promity Alert......so tempting......cannot tahan loh......Can I still HCNY if I buy ??
Midas has been range bound between 0.92 and 1.02 since 10 Nov till now...probably good entry point again is around 0.92. However need to cut loss if it break down from 0.92 with high vol.
However due to CGX experience I will avoid dual listing counters for now...
Just my view. Good luck to all.