Dulux Group is a current holding in our ASX 100 model portfolio. With the share price now testing the $6.50 support level, (last tested in August), we expect to see buying interest build.
DLX is now trading on 16x FY19 and a 4.4% yield.
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Whilst this name is not a high conviction idea, (partly due to not being able to sell covered calls), we nevertheless place it on our watch list.
