Boral, CIMIC & Downer EDI

Posted on | by Leon Hinde

$280 billion in announced public infrastructure projects by 2020 in Australia, will help support growth for Boral, Downer EDI and CIMIC.

Boral & CIMIC are showing  Algo Engine sell signals, whereas, DOW is under a a recent Algo Engine buy signal.

All three names are attractive on a fundamental basis, however, the deep discount in Boral makes it our preferred allocation.

 

 

 

Altium – algo update

Posted on | by Leon Hinde

Altium switched from sell to buy conditions in July 2018 at $21 and more recently we had an Algo Engine buy condition again in May at $31.00.

ALU is a strong momentum play and the stock is now up 10% in the past 4 weeks. We continue to hold ALU and will look to take profit once the short-term indicators turn negative.

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