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1161-1180 of 10484
is just a matter of time . soon u will see 50 cents.this is just my view
NoMoney ( Date: 21-Jun-2013 16:40) Posted:
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better go up haha sold my vard and bought this
i see a hammer tdy. Is abt time to rebounce..
May be more contract is coming..
Our analyst hosted Midas for a two-day roadshow in Hong Kong, and key concerns revolved around when the new high-speed train orders would be coming through. With China planning to double its high speed railway (HSR) network to 18,000km by end-2015 and lack of orders for rolling stock in the last two years, there is firm optimism that the newly-formed China Railway Corporation could be placing orders for new HSR rolling stock in the second half of 2013, which should lead to substantial contract wins for Midas. Meanwhile, the group has won a number of metro and overseas train contracts to boost its order book to Rmb650m, up from Rmb400m at the end of 2012. Maintain BUY with S$0.60 target price. Midas is currently trading below 1x P/B, which we see as attractive for a stock that is due for an earnings recovery from 2H13 onwards.
DBS Vickers
Our analyst upgrading for Sg shares normally would not have immediate impact on the recommended stock. This will also hold true for Midas which although is upgraded and given a target price of 60 cents. I believe it will take another quarter for it to be lifted to the 50/60 cents levels.
Now is just collection time, but for about 10 cents, is it worth a long wait at risk market? I won't buy at all.
DBS Group Research . Equity
Singapore Market Focus
Small Mid Caps
Midas (Buy, TP: S$0.60). Midas is poised for a turnaround in
2H13 as the group’s orderbook has now grown to above
Rmb700m from just Rmb400m in Jan. Recent order wins have
come from 1) metro contracts in China, 2) overseas orders
including Europe and Singapore, as well as 3) non-rail
projects. Having scooped up substantial orders in these
segments, the next significant catalyst for Midas is to win high
speed railway contracts, the timing of which remains
uncertain although it is expected that high-speed rail
equipment orders will be handed soon post China’s leadership
transition. Meanwhile, Mida’s 32.5% owned JV company
Nanjing Puzhen (NPRT) has recently won a Rmb1.26bn
contract to supply 198 train cars to Shenzhen Metro Line 3
Project, for delivery between 2015 and 2016. This follows a
recent Rmb1.1bn win announced on 5 June for delivery in
2014-16. We estimate that these wins would push NPRT's
order book to c. Rmb10.7bn, which should lead to strong
earnings for the JV from this year onwards.
http://www.remisiers.org/cms_images/research/Jun17-Jun21_2013/sg-smcstrategy-dbsv_170613.pdf
DBS Small mid Caps (SMCs) can continue to outperform supported by stronger growth and lower valuations. We believe the selloff in SREITs is overdone. As values emerge, we pick SREITs with identifiable and achievable
our top pick in the O& G services sector for its proven execution track record while Midas (TP: S$0.60) is poised for earnings recovery backed by its growing order book.
http://www.remisiers.org/cms_images/research/Jun17-Jun21_2013/1706_DBS_WiredDaily.pdf
What????
NoMoney ( Date: 16-Jun-2013 19:54) Posted:
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eee pom mai gay...... pom chok puying 5555
ongahhuat888 ( Date: 16-Jun-2013 17:53) Posted:
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boy boy girl girl when the train moves you will love me kiss me hug me! I am alone here very sian ler...Come come to entertain me
halleluyah ( Date: 15-Jun-2013 23:25) Posted:
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NA I think may b same problem as smrt. power failure. or track got problem cannot move
GorgeousOng ( Date: 15-Jun-2013 22:45) Posted:
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Not me, boy boy good boy. Cannot kick big man's ass. The captain rested to take his lunch. Too busy because too many passengers. Hehe.
halleluyah ( Date: 14-Jun-2013 21:59) Posted:
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Hahaha! Sista you make my day!!!!Ah Huat pls angry hor!!! Hahahaaaa!
halleluyah ( Date: 15-Jun-2013 23:25) Posted:
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they say u should nv argue with the market. but why u say its a suppressed gem?
halleluyah ( Date: 15-Jun-2013 23:25) Posted:
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Hope bro Ongahhuat dun angry arh....soli arh....cause too boring inside the train lah.
Er...guess must b tat old china ah pek Ongahhuat...."chee koh pek" one....just fr a laugh arh....lol.
halleluyah ( Date: 14-Jun-2013 21:59) Posted:
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I think is uncle Ah Huat!!!!He over loaded the train, too heavy can not move!!!!!Hahahaaaa!!!!
halleluyah ( Date: 14-Jun-2013 21:59) Posted:
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Definitely not Tomique boy boy.....
NoMoney ( Date: 14-Jun-2013 21:42) Posted:
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cause someone here kick his ass ma.. now keep lau sai
halleluyah ( Date: 14-Jun-2013 16:46) Posted:
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Omg....the driver everyday go lau sai.....wat happened arh??
GorgeousOng ( Date: 14-Jun-2013 16:44) Posted:
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