CIMIC – approaching the buy zone

CIMIC is growing earnings at 12 – 14% p/a and continues to win new large scale infrastructure projects, helping to support the work in hand pipeline.

The stock has recently retraced from $51 back to $46, although we’re mindful of the price gap in the chart down to $43.50, we see value beginning to emerge.

You're not a member!  Trial today!

Our accumulation range is $43 – $46.

Keep Downer EDI on your watch list. $7.00 looks like a low risk entry level.


Investor Signals Pty Ltd ABN 44 143 555 453 is a Corporate Authorised Representative CAR No. 439411 of Advisor Plus Pty Ltd AFSL 474520
© 2020 Investor Signals