Ann: RCR Awarded Over $130M in New Contracts-RCR.AX, page-4

G'day folks

From a TA perspective RCR popped up on my stock screen and looks interesting - I like trading stocks that gap up, and if this clears $1.60 then $1.90 is a realistic target - from a TA perspective.

But from a FA perspective I find what the company does very impressive (I get a kick out of industrial engineering), but I look at the results presented recently at the Macquarie Australia conference and I see revenue, order book and EBIT all down for HY16, which puzzles me as to why the stock has gapped up (are those figures better than expected?). I can't see any guidance as to whether the outlook will improve for H2 2016.

So TA looks good but FA not so - yet price has jumped. Interesting.

Cheers, Sharks.