SINGAPORE (Nov 18): OCBC is raising its fair value estimate on Midas Holdings to $0.33 from $0.31 while retaining its hold view after the aluminium alloy extruded products maker's results beat expectations.

However, OCBC doesn't see any change in the outlook for Midas.

“Over the near-term, we believe Midas' growth outlook remains uncertain and more likely muted,” OCBC says.

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