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Midas
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Lifeisgreat
Member |
19-Mar-2013 17:49
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CIMB (18 Mar) Midas Holdings - Near-term uncertainties but brighter long-term outlook The proposed reform of China’s Ministry of Railway (MOR) will add to near-term order book uncertainties – not good for price performance. However, we view MOR’s reform as a longer-term positive. Traction gained in diversification efforts should provide order book support. While we anticipate near-term price weakness from lower order book visibility, we think that investor demand could return eventually. We slash our FY13 estimate by 75% due to our lower order assumption but keep FY14-15 numbers. We stay Outperform with an unchanged target price, based on 17.3x CY14 EPS, a 10% discount to the 5-year historical average. Catalysts could come from faster-than-anticipated contract wins. |
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Peter_Pan
Supreme |
19-Mar-2013 17:47
Yells: "did you order dunkin' donuts" |
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MIDAS WINS €22.7 MILLION RUSSIAN CONTRACT | ||||
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NICHOLASCHUA
Member |
19-Mar-2013 17:47
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NEWS RELEASE
MIDAS WINS €22.7 MILLION RUSSIAN CONTRACT - For the supply of aluminium alloy extrusion profiles to the Russian railway market Singapore & Hong Kong, March 19, 2013 - Midas Holdings Limited (麥 達 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) is pleased to announce that its subsidiary, Jilin Midas Aluminium Industries Co., Ltd (“Jilin Midas”) has won a €22.7 million (approximately RMB182.8 million1) contract from Ural Locomotives Limited Liability Company (“Ural Locomotives”), a joint-venture company between Siemens AG and Russia’s Sinara Group. Mr Patrick Chew (周 華 光 ), Chief Executive Officer of Midas, said, “This contract from Ural Locomotives is significant as it is our first international contract this year and an affirmation that our diversification strategy and efforts in growing our international markets are bearing results. Our success in securing this export order is a further testimony of the international recognition of Jilin Midas’ technical capabilities and quality output. This positions the Group well to grow its orders from both international and PRC markets.” Under the terms of the contract, Midas will supply aluminium alloy extrusion profiles for use in the manufacture of 100 electric train sets (1 train set = 5 train cars), or 500 electric train cars for commuter passenger service. Delivery for the contract is slated to take place progressively from 2013 to 2019. This contract is expected to contribute positively to the Group’s financial performance for the financial years ending 2013 to 2019. |
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wesely2k
Veteran |
19-Mar-2013 13:55
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If Midas worth 八 两 金 ， then it's ok ! Hahhaha
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halleluyah
Elite |
19-Mar-2013 10:00
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I think MONEY KING also gd lah.
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Peter_Pan
Supreme |
19-Mar-2013 09:48
Yells: "did you order dunkin' donuts" |
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Hi guys, may need to change strategy... Midas Holdings – UOBKH has a Technical SELL with +12% potential return Trade with your own final decision pls.... |
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GorgeousOng
Elite |
18-Mar-2013 21:20
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Yah, saya selalu pakai celana panjang, tak suka hitam hitam. Saya belum pandai pakai celana pendek.:)) faham kah?
Saya sudah pergi makan thunder tea rice. Terima kasih! :))
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solomonster
Senior |
18-Mar-2013 21:11
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still put on celana panjang (long)?
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NoMoney
Veteran |
18-Mar-2013 21:08
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No point losing temper over such matter cause there is no 100% solution to make everyone happy with ur decision. Stay happy no stress live longer. :)
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SJ-Stomp
Senior |
18-Mar-2013 20:42
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I salute you! No matter what I said to you , you still did not lose your temper. I own you one! I have created a new user name for you : HuatBuayTing I hope you will like it. Now PM you the password n the details. Good luck to you from now onward!!!
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NoMoney
Veteran |
18-Mar-2013 19:26
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55555 dee mak mak
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GorgeousOng
Elite |
18-Mar-2013 18:55
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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Thai puying sui chin chin! 5555555! Chok dee!
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NoMoney
Veteran |
18-Mar-2013 18:35
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Wa piangz cannot take photo with idol ah haiz... Don't jealous lay.
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SJ-Stomp
Senior |
18-Mar-2013 17:58
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What ? any thing also can! 大 小 通 吃 Wah pang! Your stand so low meh????
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NoMoney
Veteran |
18-Mar-2013 17:54
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Swee my old time idol lol don't mind taking a photo with her :) ru hua also not bad
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Octavia
Elite |
18-Mar-2013 17:50
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Hong Kong you can see her....gam boh? 
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NoMoney
Veteran |
18-Mar-2013 17:36
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This train cannot go holland but can go hong kong
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wesely2k
Veteran |
18-Mar-2013 14:13
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Prepare to go HOLAND. | ||||
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GorgeousOng
Elite |
18-Mar-2013 10:29
Yells: "Hehehaha...enjoy life n live to the fullest..." |
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0.50.......one lot done!!!! |
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wesely2k
Veteran |
18-Mar-2013 10:10
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But, did anyone win at present?
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