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Brokers' take

Published Mon, Mar 2, 2015 · 09:50 PM

Midas Holdings | Buy

March 2 close: S$0.315

Target price: S$0.49

DBS Group Research, March 2

FY14 earnings above expectations, growing 19 per cent year on year to 56.6 million yuan, led by Q4 recovery.

Final DPS (dividend per share) of 0.25 Singapore cents declared (same as FY13).

On track for earnings recovery in 2015, and especially 2016 as its aluminium plates and sheets plant ramps up …

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