CIM 0.00% $22.00 cimic group limited

good to see strong week finally after few weak weeks in...

  1. 325 Posts.
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    good to see strong week finally after few weak weeks in December. I'm still seeing share price in the $30th by end of January. it just needs to break through the recent high of $27 plus over the coming week or so, then it won't take too long to go through the $30 mark.

    the above is based on charts from the current price action. if the fundamentals come out positive that in early Feb their full year 2020 financial reports come back strong plus strong outlook statements and profit guidance etc... then it will shoot up above the $40 mark towards the strong resistance level of $50 mark by May 2021.

    The above is obviously assumes that the company does some capital returns on their full year report in a form of dividends, reducing debt and resumes solid buyback and no takeover offer from the parent company

    tell me if I'm dreaming lol
    Last edited by FinallyUp: 08/01/21
 
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