25 cents? Maybe yes, maybe no.

DBS Vickers has issued a buy call already, expecting a recovery in 2H onwards.

Always darkest before dawn

do u guys think midas will fall to 25 cts in the next few mths or not?

someone told me 25 cts is midas's all-time low

China’s Ministry of Railways (MOR) has yet to re-ignite contract tenders for high-speed rail train cars, despite repeated reaffirmation of its long-term commitment to the sector. In addition, contract wins will also take time to filter down from its customers to Midas, even after MOR resumes its contract tenders.

We estimate this whole process could take 6-9 months. Hence, we expect the group’s financial performance to remain tepid in FY12.

Someone who is more TA-inclined has this view on whether Midas can regain its magic >>

"Hope so. The TA has not changed from my last update. But based on the article, it would be prudent to see the commitments come to fruition before taking positions. I am vested by the way at 0.355."

Zen, has the high-speed rail tender start again?

Dear Zen, hisey, Joes, Dele & everyone: NextInsight will publish an article on the AGM of Midas at 9 am on this Sunday. Look out for it!

steadily rising again with another good close at 37 cents

The train can re-start pretty soon from Station 36?

anyone wanna share his TA view on midas's likely price direction for the immediate short-term?

today closed at 37 cts

never forgo a chance to buy a stock cheap when the opportunity present itself . Don't wait till a stock rally high high then regret never bought it earlier .... :)

1 day you say breakout tmrw like it's going up like a rocket. Now you say "slowly breaking out of base ....". Proven you are bo zhun leh!

The fact is, the Ministry of Railway in China hasn't re-started tenders. Midas tan ku ku.... This is fundamentally what brought the stock down last year. To get up again, Midas needs to clinch a number of good contracts and get out of the desert.

slowly breaking out of base with very high volume today - 27.8 million shares traded today

very deep accumulation at 39c level ; even when DOW plunged -200 , this stock still hold very strongly here at  this price .

Setting the stage for major rebound

MIDAS Holdings secures another contract worth RMB 526.9 million to supply train cars for Suzhou Metro line 2 . Delivery from 2013 to 2014

the gem will be starting it's breakout from tomorrow

Breaking through 42.5c then to 52c

1) If market condition stays stable till 2013 , i hope midas will be at least a dollar . Reason is record revenues expected in next few years .

2) Midas long time ago after it was listed , around 2004 it was trading at i think about 20-30cents . But that is history already .

 3)Midas was incorporated since year 2000 until now ... 12 years of operation . It is never a real S-chip as the CEO is a singaporean and company's main business/operation comes from China only ... Chances of suspension almost NIL . Do you know who sits on their board of director ? It includes MP of parliament - Mr Chan Soo sen - MP for Joo Chiat constituency .

4) TA wise i can't be too sure . But at 35c or below . Please do grab more shares

 i am vested again yesterday at 38c

1st)In yr view, if hold till CNY2013, u think midas is likely to be at roughly what price range?

2nd query)Someone pmed me in CNA forum that the all-time low for midas is 25 cts, can u tell me which year and month did Midas hit 25 cts? Becos I saw from chart even that March 2009 Midas lowest closing price is 33 cts

3rd) what do u think are the chances of midas getting suspended due to accounting problems in future?(Since midas is an S-chip and some people may have this worry)

4th) from yr TA view , do u think midas is likely to drop to 34-35 cts in the immediate short-term?

I bought 20 lots of midas at 41.5 cts on 15th feb on tat breakout day.

I had oredi fully-paid up these 20 lots.

If I Hold my midas for 1 year till cny 2013,

1)do u guys think midas is likely to be much higher than current 38 cts price?

2)Or u guys think should cut loss my lots now?

3)Or do u pple think I should not only NOT cut loss but perhaps should buy more to average down?

I dont have any broker to ask. I trade totally online. I just started buying stocks only not long ago.

A little bit of my finances profile, My bank account that is GIRO-linked to my trading account is now left exactly $59,360 in cash and I also have another FD totalling about $28,000.

JP did sell, so did UBS.
See sGX announcement.

No shorting, brother. U don't short and make an announcement to SGX!!!