HOT ! MIDAS JUST SECURED ANOTHER 3.5 BILLION TRAIN CONTRACT

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05 Jun 2014 02:07 #20069 by ZEN
MIDAS’ JV UNIT NPRT WINS THREE METRO TRAIN CONTRACTS WORTH
APPROXIMATELY RMB3.5 BILLION




- Brings value of contracts announced by NPRT in the year-to-date to
over RMB4.5 billion


Singapore & Hong Kong, June 4, 2014 – Midas Holdings Limited (麦达斯控股有限 公司) (“Midas” or the “Company”, together with its subsidiaries, the “Group”; SGX-ST stock code: 5EN; SEHK stock code: 1021) is pleased to announce that its joint venture company, Nanjing SR Puzhen Rail Transport Co., Ltd. (“NPRT”) (南京南车浦 镇城轨车辆有限责任公司) has secured three metro train contracts worth a combined RMB3.5 billion.
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05 Jun 2014 03:24 #20071 by FairPerson
Past experience tells us that whenever MIDAS secured contract, share price up a little bit for two or three trading days, then short seller will short it down. For those who want to try your luck, can buy and two, three bids better run road.

Last week share price up from 44 cents to 45.5 cents.
Then it took only two days (03/06/14 and 04/06/14) for short sellers to short it down to 43.5 cents. See the short sell volumes:

www.sgx.com/wps/wcm/connect/sgx_en/home/...hortSell20140603.txt

www.sgx.com/wps/wcm/connect/sgx_en/home/...hortSell20140602.txt


03/06/14 : 5,171,000 lots

04/06/14 : 4,300,000 lots

If next few days, share price up a little bit, it will be another good chance for short sellers to sell it down again.

MIDAS’ JV UNIT NPRT WINS THREE METRO TRAIN CONTRACTS WORTH
APPROXIMATELY RMB3.5 BILLION




- Brings value of contracts announced by NPRT in the year-to-date to
over RMB4.5 billion


Singapore & Hong Kong, June 4, 2014 – Midas Holdings Limited (麦达斯控股有限 公司) (“Midas” or the “Company”, together with its subsidiaries, the “Group”; SGX-ST stock code: 5EN; SEHK stock code: 1021) is pleased to announce that its joint venture company, Nanjing SR Puzhen Rail Transport Co., Ltd. (“NPRT”) (南京南车浦 镇城轨车辆有限责任公司) has secured three metro train contracts worth a combined RMB3.5 billion.

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05 Jun 2014 12:10 #20074 by BetterPrice2013
FairPerson: Yes! You are right! The is nothing need to be excited until need to start a new thread and announce it.

Dear Admin: Is it possible to merge it with the other MIDAS thread? I find it very confusing in this forum because for some stocks and for some reasons there are multiple threads. This make it very confusing and inconvenience for the readers. Thank you!
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05 Jun 2014 13:11 #20076 by ZEN
46c.... what happened ????

Shortists scrambling to cover like mad
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05 Jun 2014 13:28 #20078 by FairPerson
Correction:

It SHOULD BE SHORTIEST SHORTED like MAD!!

46c.... what happened ????

Shortists scrambling to cover like mad

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05 Jun 2014 13:52 #20079 by ZEN

Correction:

It SHOULD BE SHORTIEST SHORTED like MAD!!

46c.... what happened ????

Shortists scrambling to cover like mad




very funny !!! Even that day shortists or fake selldown from 45.5 to 44c ..

Now is 45.5 buy .. if shortists don't cover by now .. they are screwed
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