Recent positive news sees buyers supporting higher levels

New Buy Entry Alert DCG

Time Frame : Daily

Sector : Capital Goods/Industrials

Key Stats : $207.22 Million Market Cap, VWAP 0.865, ASX Ranking 568, 4 Week Av Turnover $579,781, Current Turnover (Intraday as at time of alert) $459,844.

Company Overview : Decmil Group Limited (DCG) offers a diversified range of services to the Australian resources and infrastructure industries. The DGL within the group specialise in design, civil engineering and construction; accommodation services; mechanical fabrication and maintenance.

Broker Consensus : BUY

DCG – Decmil Group Limited

DCG has had some recent good news on contract wins in WA so buyers are stepping up the pressure. Happy to buy on a push up through 0.90 and hold a stop loss at 0.80. If price falls below 0.80 prior to entry, will cancel the alert and re-assess the action.

Stock Code : DCG – Decmil Group Limited

Company Website : www.decmil.com.au

Current Price : 0.875

New Potential Buy Entry (Trigger Level) : 0.90

Potential Sell Exit Zone (Stop Loss) : 0.80

Status : On watch for buy entry trigger