Buy Note: Construction & Materials Company Forming Uptrend
Is this a value investor’s dream?
Key Considerations:
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The forecast P/E for the year to March 2017 is currently 7.2X
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Prices have respected support at the 78.6% Fibonacci retracement
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Operates in the UK and South Africa
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With reference to the weekly chart, prices have respected support at the long-term uptrend line, which is
bullish