Nice breakout $SGM #SGM. Consolidation, good washout and retestGood consolidation period for $SGM, good washout and retest.
Steel price remains strong. I am hoping for a better than expected result in Feb 2022. I currently hold a long position.
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0.47EUR
110.58 MEUR
4.92 BEUR
157.94 M
About SIMS LIMITED
Sector
Industry
CEO
Stephen Mikkelsen
Website
Headquarters
Mascot
Employees (FY)
4.31 K
Founded
2005
ISIN
AU000000SGM7
FIGI
BBG000CMD985
Sims Ltd. engages in the recycling of metal and electronics. It operates through the following segments: North America Metals (NAM), Australia, New Zealand Metals (ANZ), UK Metal (UK), Global Trading, Investment in SA Recycling (SAR), Sims Lifecycle Services (SLS), and Unallocated. The NAM segment consists of subsidiaries and joint ventures in the U.S. and Canada, which perform ferrous and non-ferrous secondary recycling functions. The ANZ segment includes subsidiaries and joint arrangements in Australia, New Zealand, and Papua New Guinea, which perform ferrous and non-ferrous secondary recycling functions. The UK segment consists of subsidiaries in the United Kingdom, which perform ferrous and non-ferrous secondary recycling functions. The Global Trading segment consists of the group’s ferrous and non-ferrous marketing subsidiaries that coordinate sales of ferrous bulk cargo shipments, non-ferrous sales into primarily China and Southeast Asia, and brokerage sales on behalf of third and related parties. The SAR segment consists of the group’s share of results from its investment in the SA Recycling joint venture. The SLS segment consists of subsidiaries, which provide electronic recycling solutions in the following countries: Australia, Germany, India, Ireland, Netherlands, New Zealand, Poland, Singapore, the United Kingdom, and the United States of America. The Unallocated segment contains unallocated corporate costs, interests in a joint venture in Australia, Sims Municipal Recycling, and Global Sustainability Insurance Corporation. The company was founded by Albert George Sims in 1917 and is headquartered in Mascot, Australia.
SGM looking to continue its positive momentumSGM Looking to either retest the lower trend line or push back up past Jan highs to resume upward momentum. Looking for a nice entry in the red circle if we see a retest.
Entry: 13.52 - 14.28
Stop: 12.26
Target: 15.68
Timeframe: 1-3 weeks
SGM.ASX_LongENTRY: 13.30
TP: 14.63
SL: 12.67
- ADX>25
- RSI>70
- MAs are aligned
- FFI and RSI +ve
- Break-up with good volume
rising wedge formingwhat a run I followed this thing from $10.50 but I think we're going to come back to the black channel for support soon
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Frequently Asked Questions
The current price of I8M is 6.45 EUR — it hasn't changed in the past 24 hours. Watch SIMS LTD stock price performance more closely on the chart.
Depending on the exchange, the stock ticker may vary. For instance, on GETTEX exchange SIMS LTD stocks are traded under the ticker I8M.
I8M stock has fallen by 1.53% compared to the previous week, the month change is a 2.27% fall, over the last year SIMS LTD has showed a 33.06% decrease.
We've gathered analysts' opinions on SIMS LTD future price: according to them, I8M price has a max estimate of 8.26 EUR and a min estimate of 5.86 EUR. Watch I8M chart and read a more detailed SIMS LTD stock forecast: see what analysts think of SIMS LTD and suggest that you do with its stocks.
I8M stock is 0% volatile and has beta coefficient of 1.01. Track SIMS LTD stock price on the chart and check out the list of the most volatile stocks — is SIMS LTD there?
Today SIMS LTD has the market capitalization of 1.25 B, it has decreased by 0.45% over the last week.
Yes, you can track SIMS LTD financials in yearly and quarterly reports right on TradingView.
SIMS LTD is going to release the next earnings report on Aug 20, 2024. Keep track of upcoming events with our Earnings Calendar.
I8M earnings for the last half-year are 0.21 EUR per share, whereas the estimation was 0.10 EUR, resulting in a 104.93% surprise. The estimated earnings for the next half-year are 0.00 EUR per share. See more details about SIMS LTD earnings.
SIMS LTD revenue for the last half-year amounts to 2.55 B EUR, despite the estimated figure of 2.45 B EUR. In the next half-year revenue is expected to reach 2.65 B EUR.
I8M net income for the last half-year is 40.59 M EUR, while the previous report showed 48.91 M EUR of net income which accounts for −17.02% change. Track more SIMS LTD financial stats to get the full picture.
SIMS LTD dividend yield was 2.22% in 2023, and payout ratio reached 37.36%. The year before the numbers were 6.64% and 30.02% correspondingly. See high-dividend stocks and find more opportunities for your portfolio.
As of Jun 15, 2024, the company has 4.31 K employees. See our rating of the largest employees — is SIMS LTD on this list?
EBITDA measures a company's operating performance, its growth signifies an improvement in the efficiency of a company. SIMS LTD EBITDA is 109.73 M EUR, and current EBITDA margin is 2.52%. See more stats in SIMS LTD financial statements.
Like other stocks, I8M shares are traded on stock exchanges, e.g. Nasdaq, Nyse, Euronext, and the easiest way to buy them is through an online stock broker. To do this, you need to open an account and follow a broker's procedures, then start trading. You can trade SIMS LTD stock right from TradingView charts — choose your broker and connect to your account.
Investing in stocks requires a comprehensive research: you should carefully study all the available data, e.g. company's financials, related news, and its technical analysis. So SIMS LTD technincal analysis shows the sell today, and its 1 week rating is sell. Since market conditions are prone to changes, it's worth looking a bit further into the future — according to the 1 month rating SIMS LTD stock shows the sell signal. See more of SIMS LTD technicals for a more comprehensive analysis.
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