Fugro - Touch down, in UptrendInteresting Fugro opportunity.
1. Trendlines
2. Financials
3. Advises
4. Taking Positions
1. Trendlines
Bottom trendlines upwards (5Year), and top trendline downwards (10 Year) are crossing each other this week.
- The next 1-2 weeks is going to be an important in which direction the share will develop.
- Last 4 - 5 years minor trend line is trending up. Indicating most likely an upward trend following the latest trend and signals.
- The strong down trend line range from 10+ years breach needs to be confirmed.
This was tested the last week and the result looks promissing for an upward trend.
This test is the 3th time in the last year, and it's still holding exactly at the time it's crossing the lines.
Uptrend movements
Following past trendlines the potential for the coming 2-3 months can be 'quickly' reached at a stock price of 25,50 for new trend up tests. The potential here is around 20% depending on the moment you step in.
If this share is going up, probably you'll be to late. The trends up have shown big investors know where to step in at important moments. Take position with a good stop-loss.
2. Financials
- The last 5 year revenue and earning have shown an interesting upwards trend. Not placing al the numbers here. But it's going from a negative to positive an a straight and strong line each year.
- After a period where Fugro had to take it's time to make the business capable for a healthy future, 2024 was the fist year (after 5) to provide shareholders with Dividend (1,91%).
- Dept has been decreased with 50% the last 5 years and remains steady.
- Free Cash flow and equivelents is showing an healthy trend up.
3. Advises
- 7 analyst giving a strong buy advise with an avarage price target of 31,28 in 1 year. There are not any other advises then strong buy.
-The forecast for the coming 5 years is almost a double in revenue and earnings per share.
- The previous high at 25,50 (about 20%) can be reached in a couple of months and will be tested.
4. Taking Position
I have taken position at 20,04, but with a share price of 20,94 it's still worth the risk.
If you are in doubt place a stop - loss. There is great potential in this stock
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What's in my mind in general what is Fugro about.
- Deepsea mining investigations is good for Fugro.
This is an hot toppic in the world. If US and Europe, Etc wants to be "less depending" on china's mining operations i.e. on Cobalt. there needs to happening something. And this is happening now..
- Fugro had broughtened it's market with Windmills and onshore activities . Making the risk for depending on orders in a specific marked lower.
F3DC trade ideas
FUGRO LONG Fugro N.V. provides geo-data information through integrated data acquisition, analysis, and advice for infrastructure, energy, and water industries. It offers marine geo-consulting, marine geo-technics, geophysical survey, metocean surveys, marine environmental, and hydrographic survey services. The company also provides geotechnical ground investigation, geological and geophysical survey, nearshore geotechnical site investigation, testing and monitoring, environmental site characterization and remediation, water consultancy services, and geo consulting services. In addition, it offers positioning and construction support, satellite positioning, monitoring and forecasting, IRM, ROV services and tooling, and marine infrastructure solutions. Further, the company provides digital plant and pipelines, surveying and mapping, rail data, roadware surveys, Roames power, and land weather forecasting services. It serves in Europe, Africa, the Americas, the Asia Pacific, the Middle East, and India. The company was incorporated in 1962 and is headquartered in Leidschendam, the Netherlands.
Fugro long opportunityTrading the system I'm developing at the moment, this is an easy long.
Bull div on renko 1-1.5% blocks
Confirmation on the 1H kumo break.
We work with momentum here. Stop buy above first kumo closing candle.
Few ways to play this:
- Take profit @ 2% gain
- Move SL to entry after a 2% gain and ride it out
- Put SL below first kumo closing candle and wait it out
Fugro: Long term buy uppertunity!Target: 20600
Latest news:
22nd May 2018
Fugro’s contribution to global ocean mapping earns NOAA commendation
Fugro’s leadership in advancing global ocean mapping has earned it a formal commendation from the U.S. National Oceanic and Atmospheric Administration (NOAA).
17th May 2018
Dr Fraser Bransby named as Fugro Chair in Geotechnics
Leading geotechnical engineer, Dr Fraser Bransby, has been appointed Fugro Chair in Geotechnics at The University of Western Australia’s Oceans Graduate School (OGS) within the Faculty of Engineering and Mathematical Sciences.
11th May 2018
Fugro reports successful licensing of seep and geochemical data before Canada’s 2018 east coast bid round
Fugro and partner, Amplified Geochemical Imaging (AGI), have reported recent success selling licences for data from a frontier region offshore Canada.
2nd May 2018
Fugro’s innovative partnership with KAUST to train Saudi students in marine technology
Fugro’s new partnership with KAUST (King Abdullah University of Science and Technology) was marked recently with the inauguration of the KAUST - Fugro Center of Excellence for Marine Technology. Beginning a mutually beneficial partnership, the new centre will provide training in ROV operations and hydrographic survey within the Kingdom as part of the Saudisation programme.
27th Apr 2018
Fugro provides seep hunting expertise offshore Brazil
Working for multi-client geoscience data company, TGS, Fugro continues the hunt for hydrocarbon seeps, this time offshore Brazil. Two modern, purpose-built vessels – Fugro Brasilis and Fugro Searcher – have been deployed to acquire high-resolution multibeam echosounder and sub-bottom profiler data in the Campos and Santos Basins.