MIDAS HOLDINGS

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11 years 9 months ago #9781 by Guest

Replied by Guest on topic Re:Re:MIDAS HOLDINGS secured RMB 3.13 billion + 527 million contract

what's your target price, Mr Zen? I bought at 40 cents last time, still feeling the pain. LOL

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Train
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11 years 9 months ago #9785 by Train

Replied by Train on topic Re:MIDAS HOLDINGS

Those who bought Midas early in the year or late last year are still not in the money.

Midas still is down about 9 percent since the start of the year. Underperformed compared to 1.7 percent rise in the FT ST China Index

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FA
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11 years 9 months ago #9791 by FA

Replied by FA on topic Re:MIDAS HOLDINGS

Anyone is a Technical Analyst? My guess is that Midas would be looking exciting on the charts now. It seems to have bottomed and have started to make a climb up. On a FA basis, it does look like that. I am expecting 40 cents as the next target

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FA
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11 years 9 months ago #9857 by FA

Replied by FA on topic Re:MIDAS HOLDINGS

Midas' time has come to surge! Now 33 ..... more to come when the govt tender for rail gets relaunched in a big way

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ZEN
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11 years 9 months ago #9875 by ZEN

Replied by ZEN on topic Re:MIDAS HOLDINGS secured RMB 3.13 billion + 860 million contract

Rail technology leader Bombardier Transportation announced today that it has signed a Technology Licence Agreement with CSR Puzhen, a subsidiary of the largest player in the railway manufacturing sector in China – China South Locomotive & Rolling Stock Corporation Ltd (CSR). Under the agreement, Bombardier provides CSR Puzhen with a 10-year licence to manufacture and sell 100 per cent low-floor trams with Bombardier technology in China (including Hong Kong and Macao).
The agreement covers the preparation and delivery of documentation of the licensed product as well as training and assistance for CSR Puzhen’s employees to understand the documentation and enable them to successfully manufacture and sell the licensed product. Bombardier will not actively build vehicles in China, but comprehensively support its new Chinese partner. The vehicles will be equipped with the innovative BOMBARDIER FLEXX Urban 3000 bogies and the BOMBARDIER MITRAC 500 propulsion and control system.

“After many years of intense development of metros, Chinese cities are embracing low-floor trams to complement their urban transit systems. Bombardier is now bringing its state-of-the-art technology to this new and growing market,” said Jianwei Zhang, President of Bombardier China.
More than 1,700 FLEXITY trams are already in successful revenue service, and Bombardier has sold more than 1,000 FLEXITY 100 per cent low-floor trams to date. A total of 3,500 trams and light rail vehicles from Bombardier are on order or operating in nearly 100 cities in more than 20 countries around the globe.

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Latecomer
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11 years 9 months ago #9877 by Latecomer

Replied by Latecomer on topic Re:MIDAS HOLDINGS

Hope market weak on Monday/Tues, so can accumulate more Midas at 30 cents (?) Hope...

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