MM’s view on SGM
Was wondering what your thoughts are on SGM.” – Robert W.
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Answer
Morning Robert,
Metal recycling company Sims Ltd (SGM) looks great and its one of our misses of 2020, we called it higher but underestimated just how strong its advance would be. I feel a period of consolidation is probably close at hand, but MM will be keen buyers if the stock falls below $13.
MM is bullish SGM.
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