MIDAS HOLDINGS

  • x1uhu1
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12 years 2 months ago #10549 by x1uhu1
No Movement...the waiting is making people anxious..
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  • Lee
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12 years 2 months ago #10552 by Lee
Replied by Lee on topic Re:Re:MIDAS HOLDINGS
Currently 34.5 cents. Consolidation phase.
[hr]
[Lee 11-08-2012]:

32-33 cents would prove to be a good support level for the stock.
Consolidate a bit more.
By month end, can expect it to firm up. By year-end, would have easily touched 45 cents.

Just my wildest optimistic scenario. Believe at your own peril :-)
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12 years 2 months ago #10633 by ZEN
Zzzzzzzzz .. moving like a snail
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  • Lee
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12 years 2 months ago #10660 by Lee
Replied by Lee on topic Re:MIDAS HOLDINGS
Closed at 35 cents today, with a 1.5 cent upward move. I think this is the strong support level for the time being. It could burst thru 40-cent level with the next announcement of a meaningful contract win.
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  • Kiasu
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12 years 1 month ago #10684 by Kiasu
The small run-up was becos of DBS call.  However, there was a technical sell by UOB the other day, and hence the see-saw. This stock had a natural limit at $0.36. Need very good news to push, otw large profit take. Don't think it's ready to push out yet until more stimulus from China policies. Just a personal view, take care.
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  • x1uhu1
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12 years 1 month ago #10688 by x1uhu1
MIDAS’ JV COMPANY NANJING SR PUZHEN RAIL TRANSPORT &
CONSORTIUM PARTNERS SECURE RMB588 MILLION INTERCITY RAIL
PROJECT
- For the supply of 90 train cars to the Nanjing-Gaochun Intercity Rail
Project
- NPRT owns an estimated 76% share of the contract
- Latest contract win brings NPRT’s total year-to-date contract wins to
five contracts with a total worth of more than RMB3 billion
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