zAngus

$SSM - SERVICE STREAM - Pushing up against the $2 mark.

Long
zAngus Updated   
ASX:SSM   SERVICE STREAM LIMITED
$SSM - SERVICE STREAM - Pushing up against the $2 mark.

Has a great looking 5 year consistent chart and starting to push that $2 ceiling. Looks like their acquisition of Comdain has gone smoothly allowing them to diversify and expand their solution offerings across the gas and water markets as well. Have added it to my watch list and added an alert for when it breaks the $2 mark and will look for an entry then.

Service Stream Limited is a provider of essential network services, including access, design, build, installation and maintenance across copper, fiber and wireless telecommunications networks, as well as to private and public energy, and water entities. The Company's segments include Fixed Communications, Mobile Communications, and Energy & Water. The Fixed Communications segment provides design, construction, maintenance and customer connection services to the owners of telecommunications network infrastructure in connection with the roll-out of the National Broadband Network in Australia. The Mobile Communications segment provides program management and turnkey services for infrastructure projects in the telecommunications sector. The Energy & Water segment provides a range of metering and energy services to electricity, gas and water networks, and through the Customer Care business provides contact centre services and workforce management support for contracts.

Comment:
Nicely timed breakout with an announcement boosting it further.

Comment:
Announcement came through showing directors have been selling their shares. Moving stops up to counter just in case.
Comment:
Will put up a falling sell at the 2.09 mark to cover the gap in case the stock continues to sell off.

Comment:
Stopped out successfully.

Comment:
I've been back in for a bit. Pushing $3 now.


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