MIDAS HOLDINGS

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09 Jul 2013 14:37 #14952 by gangho
Replied by gangho on topic MIDAS HOLDINGS
Bought some and waiting to ride the wave up. Mr. Market can't ignore its huge order book which is still building up strongly.
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11 Jul 2013 16:23 #14992 by pine
Replied by pine on topic MIDAS HOLDINGS
Hi, what is the order book attributable wholly to Midas, and what is the effective contribution from its JVs?
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25 Jul 2013 13:27 #15300 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
this niche railway stock continues its surge today
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29 Jul 2013 02:27 #15383 by pine
Replied by pine on topic MIDAS HOLDINGS
good post by See Hoe Tan on Facebook.

>> One key player of Midas is the Chairman, Chen wei-ping, who held 288.9million shares (about 43% of the issued capital )at the end of 2004 . Currently his current stake in the company is 131.4million shares ( or 10.7%). The CEO holds about 120 million shares (9.8%). There are no other major sharerholders. Capital Group. Penta Investment Advisorsand JP Morgan (resposnsile for Midas secondary listin in HK, IPO price HK$5.43/share) have all checked out of this stock....


The other point to note is that since its listing(2004) Midas had raised S$188.8 million gross from 3 private/share placements and HKD1,373 million gross from its secondary listing in HK....Its share capital at teh end of 31 Dec 2012 was about RMB2,212 million...
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12 Aug 2013 19:50 #15614 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
result coming .. hope is high for massive turnaround in fortune for MIDAS

Will it break 57c high set few months ago ..............
The following user(s) said Thank You: zane
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13 Aug 2013 13:53 #15621 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
no more profit warning from company means this quarter marks the turnaround story for MIDAS
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