Not moving leh...?
Good, I may add up MIDAS into my stock portfolio again!
OCBC has upgraded Midas to buy, tp increased from 1.05 to 1.22.
Midas Holdings: Value emerging; upgrade to BUY
Summary: Shares of Midas Holdings (Midas) have underperformed the broader market since we downgraded our rating in Oct 10. We see value emerging at current levels and upgrade our rating to BUY. The group’s prospects remain sound with earnings growth backed by capacity expansion. We are projecting a year of record earnings in FY10, and expect earnings growth momentum to accelerate in FY11 as the group recognises a full year of revenue contribution from its newly expanded production facilities. In addition, should its plans to further expand its aluminium extrusion capacity in Xin’an materialise, we may see further upside to our projections, albeit in the further future. We rollover our valuations to FY11 and raise our fair value estimate to S$1.22 (previously S$1.05). (Lee Wen Ching)
Thanks for sharing. So where do i get the most updated info...
srntyb ( Date: 04-Jan-2011 14:13) Posted:
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>Sgd. 1.01 is imminent!
Bluevaio ( Date: 04-Jan-2011 15:58) Posted:
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Can buy some more? Seems holding very well though big volume...
Above 20, 50 and even 100 days SMA...
Fralin, FYI, the call for Todays paper are obtained from several investment houses n usually they are a few days late.
Hopefully can sustain above 98 today.
Bluevaio ( Date: 03-Jan-2011 17:01) Posted:
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Hi all, I read from the Today paper....it's a BUY call. Usually this column gives good call. For your consideration.
>Sgd. 1.00 is no problem!
Bluevaio ( Date: 03-Jan-2011 17:01) Posted:
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Tml will break 0.98 liao !
Hulumas ( Date: 29-Dec-2010 10:48) Posted:
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Just buy and hold, do not expect anything other than huge long term capital gain! That is all.
Bluevaio ( Date: 29-Dec-2010 10:31) Posted:
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should be long term holding playing this stock...
Bluevaio ( Date: 29-Dec-2010 10:31) Posted:
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Not moving...
No window dressing for this one?
Looks attractive .It may go higher.
Business Times 28.12.2010
Brokers' Take
CHINESE
train manufacturers are aggressively selling their high speed train
technology to the international market in a bid to gain more market
share - especially in the US, where President Barack Obama is pushing
for more high speed rail lines development.
TA always can manipulate by BB..... still the same rule... 50% skill + 50% luck.
directionless, but trapped in a triangle... see if break up or down.... so 50-50....
Blue line (%K) is more sensitive, so it will react to changes faster. whereas the red line is a smoothed line of %K so it will lag. Blue line might produce false signal more often due to the sensitivity. If you just wait for Blue line to cross ....it might be a false signal! But if both line also cross... it is more likely that it will be a confirmation. But you might enter late because red line is usually slower.
So the decision is up to you,
- Look at the blue line and enter early but subject to false alarm?
- Look at both line and confirmation but enter late?
There is no perfect choice, when u gain something u will lose something =)
chyn_no ( Date: 28-Dec-2010 08:49) Posted:
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Why not!
calculus1985 ( Date: 27-Dec-2010 23:36) Posted:
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