MGW mcguigan simeon wines limited

ready to break?

  1. MJS
    2,299 Posts.
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    15/07/04
    21:43
    Post #: 516396
    For those with charts take a look at the 12 mth chart for MGW. The last 6 mths looks to me like a triangle formation - and must surely be heading for a break in some direction shortly. Unless they come out with some surprisingly negative news I can only see an upward break. PE is undemanding, dividend is ok, and this must be the best managed wine company on the ASX (ok ok, not a tough ask at the moment).

    Any takers?

    MJS
    MGW Price at posting: 0.0¢ Sentiment: LT Buy Disclosure: Held
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    lightbulb Created with Sketch.  Great analysis
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