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Midas

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Bluevaio
    05-Jan-2011 16:21  
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Not moving leh...?
 
 
Hulumas
    05-Jan-2011 12:43  
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Good, I may add up MIDAS into my stock portfolio again!
 
 
Bluevaio
    05-Jan-2011 11:13  
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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)
 

 
fralin_lee
    05-Jan-2011 08:35  
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Thanks for sharing. So where do i get the most updated info... 

srntyb      ( Date: 04-Jan-2011 14:13) Posted:

Fralin, FYI, the call for Todays paper are obtained from several investment houses n usually they are a few days late.

 
 
Hulumas
    04-Jan-2011 16:20  
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>Sgd. 1.01 is imminent!

Bluevaio      ( Date: 04-Jan-2011 15:58) Posted:



Can buy some more? Seems holding very well though big volume...

Above 20, 50 and even 100 days SMA...

 
 
Bluevaio
    04-Jan-2011 15:58  
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Can buy some more? Seems holding very well though big volume...

Above 20, 50 and even 100 days SMA...
 

 
srntyb
    04-Jan-2011 14:13  
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Fralin, FYI, the call for Todays paper are obtained from several investment houses n usually they are a few days late.
 
 
Bluevaio
    04-Jan-2011 14:02  
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Hopefully can sustain above 98 today.

Bluevaio      ( Date: 03-Jan-2011 17:01) Posted:

Tml will break 0.98 liao !

Hulumas      ( Date: 29-Dec-2010 10:48) Posted:

Just buy and hold, do not expect anything other than huge long term capital gain! That is all


 
 
fralin_lee
    04-Jan-2011 08:54  
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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. 

 
 
 
Hulumas
    03-Jan-2011 18:41  
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>Sgd. 1.00 is no problem!

Bluevaio      ( Date: 03-Jan-2011 17:01) Posted:

Tml will break 0.98 liao !

Hulumas      ( Date: 29-Dec-2010 10:48) Posted:

Just buy and hold, do not expect anything other than huge long term capital gain! That is all


 

 
Bluevaio
    03-Jan-2011 17:01  
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Tml will break 0.98 liao !

Hulumas      ( Date: 29-Dec-2010 10:48) Posted:

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:



Not moving...

No window dressing for this one?


 
 
Hulumas
    29-Dec-2010 10:48  
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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:



Not moving...

No window dressing for this one?

 
 
rickyw
    29-Dec-2010 10:46  
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should be long term holding playing this stock...

Bluevaio      ( Date: 29-Dec-2010 10:31) Posted:



Not moving...

No window dressing for this one?

 
 
Bluevaio
    29-Dec-2010 10:31  
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Not moving...

No window dressing for this one?
 
 
New123
    28-Dec-2010 16:12  
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Looks attractive .It may go higher.
 

 
Greenbean
    28-Dec-2010 11:18  
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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.


 
 
 
des_khor
    28-Dec-2010 10:40  
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TA always can manipulate by BB..... still the same rule... 50% skill + 50% luck.
 
 
bsiong
    28-Dec-2010 10:30  
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directionless, but trapped in a triangle... see if break up or down....  so 50-50....  
 
 
calculus1985
    28-Dec-2010 09:42  
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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:

hi there! great analysis. would like ask abt the Stochastic Oscillator, do we have wait for the dotted, blue and red line to cross 20% then it is considered bullish  ? or is it apply to the blue line only ?

calculus1985      ( Date: 27-Dec-2010 23:36) Posted:



will Midas make a bullish come back???

see my analysis on Midas here 


 
 
Hulumas
    28-Dec-2010 09:17  
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Why not!

calculus1985      ( Date: 27-Dec-2010 23:36) Posted:



will Midas make a bullish come back???

see my analysis on Midas here 

 
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