Shares & Derivatives
Yongnam,Midas, SMRT, Hu An cable stock
By Singapore Stocks Investing (SSI)  •  January 19, 2013
Yongnam stock price rose with the government announcing yesterday that it will be building two additional lines: the cross country line and the Jurong Region line with the other current train networks to be extended. The projected rail network in Singapore will increase to 360km from the current 178km. Amidst this news, some stock analysts have given a “buy” call on Yongnam stock. Yongnam is the company which specializes in steel structures and it has participated in a number of MRT rail network projects as a track record (I mean in both figuratively and literally). On the China front, Midas, a company listed on the SGX continues to be favoured by investment analysts who give it an “overweight” rating with the good projection of railway demand from China. I believe that when one is to invest in Yongnam and Midas stock, one would have to invest for the long-term ......
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By Singapore Stocks Investing (SSI)
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