03 JANUARY 2011AL CIRCLE
RESEARCH ALERT-OCBC upgrades Midas to "buy"; target price S$1.22
Edited by : AL CIRCLE
1 min read
... OCBC Investment Research has upgraded Midas Holdings , a Singapore-listed aluminum products maker, to "buy" from "hold" and raised its target price to S$1.22 from S$1.05. ... Midas has been in discussions to increase its aluminium extrusion capacity in Xin'an County, China, and the new plant could raise its annual production capacity by 30,000 tonnes to 80,000 tonnes. ...
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