Midas

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6 concerns investors have with Midas (7 Apr 17)
6 concerns investors have with Midas (7 Apr 17) 1920 1032 Ernest Lim's Investing Blog

Midas has slumped 14% post a 76% growth in its FY16 results. It closed at $0.225 on 7 Apr 2017 which was near the all-time closing low of $0.210. Some…

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Laggard stocks: Chart outlook for ISOTeam, Midas and Sapphire (17 Mar 17)
Laggard stocks: Chart outlook for ISOTeam, Midas and Sapphire (17 Mar 17) 150 150 Ernest Lim's Investing Blog

Notwithstanding the rally in the equity market, there are some stocks which continue to be laggards and are consolidating around their key support areas. If the market continues to stay…

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Midas issued positive profit alert! (24 Feb 17)
Midas issued positive profit alert! (24 Feb 17) 1920 1032 Ernest Lim's Investing Blog

Dear all, Midas issued a positive profit alert yesterday. It cited “…based on the Board’s preliminary review of the unaudited management accounts of the Group for the year ended 31…

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Ernest’s market outlook (10 Feb 17)
Ernest’s market outlook (10 Feb 17) 1920 1032 Ernest Lim's Investing Blog

Dear all, Happy Chinese New Year 元宵节! The animal spirits seem to have descended on our Singapore market! Our STI is one of the best performing indices with a blistering…

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Chart highlights on Midas, Sapphire, Sunpower, Terratech (9 Feb 17)
Chart highlights on Midas, Sapphire, Sunpower, Terratech (9 Feb 17) 1920 1032 Ernest Lim's Investing Blog

Dear readers, The animal spirits seem to have finally descended on our Singapore market! Our STI is one of the best performing indices with a blistering 6.4% year to date…

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  • 61 Comments

Is Midas a recovery play in 2017? (3 Feb 17)
Is Midas a recovery play in 2017? (3 Feb 17) 1038 649 Ernest Lim's Investing Blog

Midas has recently announced contracts after contracts. Based on Table 1 below, it is especially evident that Midas is gaining traction (particularly from 23 Jun 2016 onwards) in winning orders…

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