MIDAS HOLDINGS
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11 years 2 weeks ago #16805
by ZEN
load up on this gem now ... 2nd big high speed rail tender to be out this quarter Q4
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11 years 2 weeks ago #16821
by ZEN
MIDAS ANNOUNCES INTERNATIONAL AND PRC METRO CONTRACT WINS
WORTH OVER RMB221.8 MILLION
- Secures contracts to supply aluminium alloy extrusion profiles and certain fabricated parts to two major train projects in Europe worth €17.7million
- Wins contracts to supply aluminium alloy extrusion profiles and certain fabricated parts to major PRC metro projects worth RMB75.9 million
- Expects contracts to contribute positively to the Group’s financial performance from 2013 to 2017
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11 years 2 weeks ago #16822
by ZEN
Midas recorded a surge in 2Q13 PATMI to CNY14.9m as orders started picking up. With the Chinese Government reaffirming its investment in railway infrastructure, there is a good chance of more order flows for Midas over the next few quarters. We also expect positive contribution from its associate NPRT to boost its FY13 earnings. Maintain BUY, with TP of SGD0.75, based on 1.5x FY13F P/BV
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11 years 1 week ago #16905
by ZEN
MIDAS's technical indicators are real bullish now . After these 2 months of consolidation , it is poised for major rocket .
RSI at 45
MACD doing a golden crossover right now
Stochastic indicators crossing to BUY region
Parabolic SAR just in place for rally .
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11 years 1 week ago #16956
by ZEN
As i said , today is the beginning of the surge
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11 years 1 week ago #16957
by ZEN
ZEN wrote: MIDAS's technical indicators are real bullish now . After these 2 months of consolidation , it is poised for major rocket .
RSI at 45
MACD doing a golden crossover right now
Stochastic indicators crossing to BUY region
Parabolic SAR just in place for rally .
LOAD AND BUY NOW
BIG RALLY TO 75c target as set by many analysts
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