Buyers on the march higher so watching for a chance to lock in some gains

Current Active Alert Management SRG

Time Frame : Daily/Weekly

Broker Consensus : BUY

SRG – SRG Global Limited

SRG is on the march higher today after news out of a new contract win for the company. We are now watching for a potential push up through 0.50 and an opportunity for a partial exit to lock in some gains. We are also happy to raise the risk level and move the stop loss to 0.41 from 0.385.

Stock Code : SRG – SRG Global Limited

Company Website : www.srgglobal.com.au

Current Price : 0.485

Previous Buy Entry (Trigger Level) : 0.44

New Sell Exit Zone (Stop Loss) : 0.41

Status : On watch for continuation higher

Alert History

Previous Alert 6/06/19

SRG pushes higher to trigger the buy entry level at 0.44 so the alert is now active. The Stop Loss is held at 0.385 and the current price is at 0.445.

Original Buy Entry Alert 5/06/19

New Buy Entry Alert SRG

Time Frame : Daily/Weekly

Sector : Capital Goods/Industrials

Key Stats : $182.77 Million Market Cap, VWAP 0.425, ASX Ranking 572, 4 Week Av Turnover $166,127, Current Turnover (Intraday as at time of alert) $155,430, PE 7.9, Div Yield 8.43%.

Company Overview : SRG Global Limited (SRG, formerly Global Construction Services Limited) is an engineering-led specialist construction, maintenance and mining services group operating across the entire asset lifecycle. SRG operates three divisions namely, Resource, Industrial and Oil & Gas; Commercial; and Residential.

Broker Consensus : BUY

SRG – SRG Global Limited

SRG is on the march higher after a spate of positive news on new contracts for the company. We are happy to buy on a push up through 0.44 and will hold a stop loss at 0.385. If price pushes down through 0.385 prior to entry, then happy to cancel the alert and re-assess the action.

Stock Code : SRG – SRG Global Limited

Company Website : www.srgglobal.com.au

Current Price : 0.43

New Potential Buy Entry (Trigger Level) : 0.44

Potential Sell Exit Zone (Stop Loss) : 0.385

Status : On watch for buy entry trigger