China's National Development and Reform Commission (NDRC) - calls on China Government to meet its railway investment target......this should be positive for M.... Monday, 22 October, 2012 3:35 PM
Posted by Kevin Scully
In my 10 October 2012 Blog posting - I mentioned that investors should keep Midas in view even though its shares have risen 50%. At last Saturday's Invest Carnival organised by ShareInvestor, I again highlighted Midas as a possible strong beneficiary from China's fiscal expansion - meant to revive a weakening external economy. I said that investors should see new high speed rail contracts being awarded after the new China Government is installed in early November.
Over the weekend, China's Xinhua Agency reported that China National Development and Reform Commission (NDRC) had called on the Government to meet its railway investment target for 2012. For 2012, China has only invested about 68% of its ......
