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Algo Signal – CIMIC

CIMIC has reported a solid interim earnings result. The company delivered a 22% increase in NPAT to $323m.

We expect  10 – 15% EPS growth into FY18, placing the stock on a forward yield of 3.7%

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Our Algo Engine triggered a recent buy signal in CIMIC at or near $37.50.

Chart – CIMIC

 

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