Singapore Stock Market News
Midas Holdings - Speeding ahead
StockFanatic
Publish date: Tue, 10 Dec 2013, 10:31 AM
StockFanatic
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Welcome to Stockfanatic Singapore stock market and regional market news. This is a platform to share Singapore stock market and regional news to investors / man in the street. Investors can also look forward to analyst reports and brokers recommendations. Stockfanatic's Singapore stock market and regional news blog, home of investors one stop news station.
• Firm earnings rebound expected in FY14F as high-speed railway (HSR) contracts roll in
• Potential huge HSR order for Midas from second rolling stock tender for 314 sets
• Metro and overseas contracts to continue boosting the Group's order book
• Maintain BUY, with our 12-month TP raised to S$0.64, based on 1.2x FY14F P/BV
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