2013 Potential Candidate #1: Midas

The fundmentals (source: KimEng):

1. Recovery still at early stage
2. More years to go for China’s high-speed rail
3. Upstream customers’ order wins a key catalyst
4. Expect earnings recovery from 2H13.
5. New round of train tender offers is a high probability
6.  Boon for Midas if CNR(Chinese Railway Company) wins potential tenders

The techinicals:

MAs are indicating a developing upward trend.


Bonus factors:

A play on recovering China economy.


Verdict: Buy. I am vested.