• Mi
  • Visitor
  • Visitor
12 Jul 2012 16:31 #9925 by Mi
Replied by Mi on topic Re:MIDAS HOLDINGS
Target 41 cents by CIMB this morning: Midas has managed to clinch Rmb139m worth of metro and international contracts to    |support its order book despite a freeze in high-speed railway contracts.

The recent  price run-up suggests returning confidence. Midas has gained 25% since our update on 28 Jun on associate NPRT’s contract win announcement. Returning investor confidence 

reaffirms our expectations of a rerating when high-speed railway contract awards   
resume. Maintain Outperform. Target price is unchanged at 11.7x CY13 EPS (-0.5 sd   
5-year historical forward average).
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  • dbs
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  • Visitor
14 Jul 2012 03:21 #9937 by dbs
Replied by dbs on topic Re:MIDAS HOLDINGS
DBS has a targe price of 49 cents.
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17 Jul 2012 15:02 #9975 by ZEN
heavy accumulation at 34.5 cents
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20 Jul 2012 00:13 #10007 by ZEN
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) announced today that its Aluminium Alloy Division, Jilin Midas Aluminium Industries Co., Ltd ("Jilin Midas") has won the "Supplier of the Year Award" from Bombardier Transportation ("Bombardier"), the rail equipment manufacturing and servicing division of Bombardier Inc. Listed on the Toronto Stock Exchange, Bombardier Inc. is one of the world’s leading manufacturers of innovative aerospace and rail transport solutions
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20 Jul 2012 18:42 #10014 by Joes
Replied by Joes on topic Re:Re:MIDAS HOLDINGS
Agree with you . This is also time to digest the selling from people who want to book their profit after buying below 30 ccents. After this period, then the stock can move up

[ZEN 17-07-2012]:

heavy accumulation at 34.5 cents
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  • Jane
  • Visitor
  • Visitor
21 Jul 2012 01:09 #10021 by Jane
Replied by Jane on topic Re:MIDAS HOLDINGS
Joes, you spoke at the right moment. The accumulation period is Over! Stock has cheong-ed to 37 cents. Breakthrough!
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