MIDAS HOLDINGS

More
10 Oct 2013 18:25 - 10 Oct 2013 18:27 #16625 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
Shanghai Securities News reported China Railway has recently announced tender results of the 250km rail motor coach. CSR was awarded the entire tender of 91 x 250km motor coaches, settling down the first large-scale tender of China Railway.

The report cited people close to China Railway that the tender involved 795 high-power motor coaches, 159 railways, approx. 29,000 trucks and 726 passenger vehicles, totaling RMB50 billion. The tender was eventually shared by CSR and CNR, giants of the railway industry in China.

An insider pointed out that the tender will impose tremendous effects on the business results of CSR and CNR in the next period, since motor coaches are products with highest margins.
Last edit: 10 Oct 2013 18:27 by ZEN.
The topic has been locked.
More
10 Oct 2013 20:20 #16638 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
this gem going to surge to 70c soon .....
The topic has been locked.
More
11 Oct 2013 11:46 #16650 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
these bullet trains tender just closed in Sept 2013 , should flow into MIDAS very soon .......
The topic has been locked.
More
14 Oct 2013 20:29 #16745 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
China CNR Corp led gains in shares of Chinese companies that build and supply equipment for railways on speculation they will win contracts for the construction of Thailand’s high-speed train system.

China CNR, which produces passenger cars and wagons, rose by the 10% daily limit in Shanghai to 4.59 yuan, the biggest one-day gain since February 2013. CSR Corp, which makes locomotives and cars, and Taiyuan Heavy Industry Co, a maker of train axles, also surged by the daily limit. China Railway Construction Corp rose 7.4% and China Railway Group Ltd climbed 8.1% at the mid-day trading break. China's benchmark Shanghai Composite Index (SHCOMP) rose 0.5%.

The shares gained after Prime Minister Yingluck Shinawatra told reporters on Oct 11 after meeting with Chinese Premier Li Keqiang in Bangkok that Chinese train companies had expressed interest in developing the southeastern Asian country's high-speed train system. China and Thailand signed six initial agreements during Li's visit last week covering cooperation in technology, energy, environment and culture.
The topic has been locked.
More
14 Oct 2013 20:43 #16746 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
China’s benchmark stock index rose to a one-month high as railway companies surged on speculation they may help build Thailand’s high-speed train system, offsetting data showing lower exports and faster inflation.

CSR Corp. (601766) and China CNR Corp. (601299), the nation’s biggest train makers, jumped by the 10 percent daily limit
The topic has been locked.
More
16 Oct 2013 00:26 #16769 by ZEN
Replied by ZEN on topic MIDAS HOLDINGS
Looking at the chart and technical indicators now... midas is looking real bullish
The topic has been locked.

Share Prices

Counter NameLastChange
AEM Holdings4.040-0.090
Avi-Tech Electronics0.2900.010
Broadway Ind0.137-0.001
China Sunsine0.460-0.005
DISA0.003-
Food Empire0.510-
Fortress Minerals0.310-0.030
Geo Energy Res0.365-0.005
Golden Energy0.790-0.020
GSS Energy0.050-
InnoTek0.435-
ISDN Holdings0.440-0.015
ISOTeam0.104-
IX Biopharma0.136-0.003
Jiutian Chemical0.078-0.001
KSH Holdings0.340-0.005
Leader Env0.0500.001
Medtecs Intl0.112-0.002
Meta Health0.029-
Moya Asia0.089-
Nordic Group0.500-0.005
Oxley Holdings0.156-0.004
REX International0.230-
Riverstone0.545-0.010
Sinostar PEC0.180-0.010
Southern Alliance Mining0.630-
Straco Corp.0.410-
Sunpower Group0.285-0.005
The Trendlines0.086-0.003
Totm Technologies0.124-0.002
UG Healthcare0.179-0.001
Uni-Asia Group0.890-0.030
Wilmar Intl3.870-0.010
Yangzijiang Shipbldg1.050-0.030

NextInsight RSS

rss_2 NextInsight - Latest News

Online Now

We have 1005 guests and no members online