MIDAS HOLDINGS

dynamo wrote: Latest from The Business Times...
China's railway operator to increase investment in 2014

[BEIJING] China's national railway operator will raise its annual investment by 20 billion yuan (US$3.23 billion) to 720 billion yuan in 2014 to increase the number of lines it plans to build, the head of the company said in remarks published on Wednesday.

Sheng Guangzu, general manager of China Railway Corp, was quoted by the official People's Daily as saying that the company is targeting starting construction of 48 railway projects this year, up from 44 projects in its previous plan.

China also plans to increase the total length of railway lines being laid to more than 7,000 kilometres this year, up at least 25 per cent from actual construction finished last year, Sheng said.

This news is already more than one week old.
How much further upside will it help????
I guess limited.

Latest news was from the one of the beneficiaries of those economic boosting measures in China, i.e. the General Manager of China Railway Corp. PUBLISHED on APRIL 09, 2014 at 12:39pm. See below.

Hope these business can continue to filter down to all those sub-contractors.

www.businesstimes.com.sg/breaking-news/t...stment-2014-20140409

ZEN wrote: THIS GEM GOING TO FLY BIG TIME TOMORROW

Zen, share price never fly but heading south today.

dynamo wrote: Latest from The Business Times...
China's railway operator to increase investment in 2014

[BEIJING] China's national railway operator will raise its annual investment by 20 billion yuan (US$3.23 billion) to 720 billion yuan in 2014 to increase the number of lines it plans to build, the head of the company said in remarks published on Wednesday.

Sheng Guangzu, general manager of China Railway Corp, was quoted by the official People's Daily as saying that the company is targeting starting construction of 48 railway projects this year, up from 44 projects in its previous plan.

China also plans to increase the total length of railway lines being laid to more than 7,000 kilometres this year, up at least 25 per cent from actual construction finished last year, Sheng said.[/quo

The news didn't help.

My post on 24th March 2014

MIDAS: Target Price By DBS, OCBC & CIMB Since October 2013

10/12/13 (49cts) - Target 64cts/Buy (DBS)
09/12/13 (49cts) - Target 60cts/Buy (DBS)

22/11/13 (47cts) - Target 65cts/Buy (OCBC)
18/11/13 (49cts) - Target 67cts/Buy (OCBC)
15/11/13 (49cts) - Target 67cts/Outperform (OCBC)

22/10/13 (47.5cts) - Target 74cts/Outperform (CIMB)

Today Midas still trading at 4.35 cts lower than the actual price at the time of their recommendation.

All analyst are still bullish ....100% ??????



Midas is only for TRADERS but definately not for VALUE INVESTORS.
Not Vested

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MIDAS: Target Price By OCBC, Maybank KE, DBS Vickers & CIMB - April 2014

4/4/2014 (45.5cts) - Target 66cts/Buy (OCBC)
4/4/2014 (45.5cts) - Target 75cts/Buy (Maybank KE)
8/4/2014 (47cts) - Target 64cts/Buy (DBS Vickers)
8/4/2014 (45.5cts) - Target 71cts/Add (CIMB)

Some people are fanning this stock, see below:

* Watch for it today
* THIS GEM GOING TO FLY BIG TIME TOMORROW
* The start of the midas surge
* SUPER HOT !!!! JUST OUT !!! - MIDAS WON ANOTHER HIGH SPEED TRAIN CONTRACT WORTH RMB 318 MILLION - HUAT !!!!!!

I had mention before this stock is only for 'TRADERS'. ( see chart for yourself)The BB are buying on expectation and selling on news. People who are fanning the stock are doing a great disservice to the newbies. Contract secure may or may not contribute to the bottom line. Even it do, it is only ONE-OFF only.

ZEN wrote: The start of the midas surge

Your MIDAS train going south.
Midas tell the driver to drive only in the North direction.