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Cimic Group

 

Buy Cimic Group shares

CIMIC GROUP (CIM) Shares

ABOUT CIMIC GROUP

Cimic Group Limited is an international contractor in the telecommunications, engineering and infrastructure, building and property, mining and resources, and environmental services industries. The Group has a history dating back to 1949, when it was first founded by Stanley Leighton as Leighton Holdings.

In 1983, Leighton Holdings made the decision to purchase Thiess Pty Ltd, an Australian civil engineering and construction company originating in Queensland. In 2015 the company changed its name to Cimic Group (abbreviated from Construction, Infrastructure, Mining and Concessions).

In 2016 CIMIC purchased mining company Sedgman for AUS Dollar 256 million as well as engineering company UGL Limited for AUS Dollar 524 million.

The Group is headquartered in North Sydney, New South Wales, in Australia.

OVERVIEW OF CIMIC GROUP

  • Cimic Group Limited oversees a broad portfolio with operations in Australia, Southeast Asia, New Zealand, and the Middle East. Its businesses include CPB Contractors, including Leighton Asia and Broad, Thiess, Sedgman, Pacific Partnerships and EIC Activities. The Group’s competitive position and scale, combined with its strong balance sheet, places it in a robust position to take advantage of growth opportunities, both organic and proactive, in its different markets.

  • The Group’s diversity provides clients with integrated solutions from feasibility, design, planning and investment; to manufacturing and construction; to operations, maintenance, upgrades and asset management; to rehabilitation and decommissioning. The Group differentiates itself by its ability to offer a complementary suite of capabilities, throughout the lifecycle of a client’s asset, infrastructure or resources project. The Group continually seeks to expand, leveraging its proven competencies to grow in Australia, Asia Pacific and other strategic geographies.

  • Key to its strategy is the generation of cash-backed profits, and the development of diversified income streams. This helps to reduce volatility and manage risk while generating sustainable returns. Shorter-term projects, such as construction, are balanced with medium-term projects, such as mining and large-scale construction, and longer-term projects.

VISION & VALUES OF CIMIC GROUP

  • Cimic Group Limited bases its values on principles of integrity, accountability, innovation, and delivery.

  • The Group seeks to be respectful and honest with its colleagues, clients, partners, suppliers and shareholders while being accountable to its commitments.

  • The Group is continually adapting and evolving its operations in order to amplify its ability to deliver while enhancing its reputation and credibility.

MARKET PERFORMANCE OF CIMIC GROUP

  • Cimic Group Limited trades on the Australian Securities Exchange (ASX), where investors can buy shares under the stock symbol -CIM.

  • Data from the Group’s 2019 financial analysis shows revenue of US Dollar 14.7 billion, up 9.2%, with all Operating Companies recording growth. The Group’s stable EBIT, PBT and NPAT margins of 7.8%, 7.3% and 5.3% respectively were driven by diligent focus on project delivery and cost discipline.

  • The Group recorded strong cash generation with cash flow from operating activities of US Dollar 1.9 billion, up 22.0% on the previous year. The Group announced final dividends of 86 cents per share, 100% franked, up 14.7%, with a dividend yield of 3.6% on a share price of US Dollar 43.41. The Group’s total dividend for the year was 156 cents per share, 100% franked, up 15.6%

  • The Group’s strong performance has delivered healthy returns for its shareholders, making this a solid buy for investors going forward.

Buy CIMIC GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase CIMIC GROUP Stocks or Shares online.

Before buying any stock or share one has to consider a few factors.

STEP 1: PROPER RESEARCH IS ESSENTIAL

Upon deciding you want to buy CIMIC GROUP Stocks / Shares, it is critical for the serious investor to do proper research into the said company. Its values should align with those of the investor’s current portfolio. An investor needs to familiarise himself with the basics and history of the company, as well as its leadership and performance in the market. Its company reports should also be scrutinized.

Consultation with a brokerage firm can also assist in determining whether investing in a specific company will complement the investor’s current portfolio. The investment “risk ladder”, which identifies asset classes based on their relative riskiness, is another useful tool when determining which company’s stock / share is the best to buy.

STEP 2: CALCULATE THE AMOUNT OF INVESTMENT IN CIMIC GROUP STOCKS / SHARES

It is important for an investor to monitor his total investment in stock in order to keep his portfolio aligned to his investment strategy. The overall value of his holdings will change with the fluctuation in stock prices, which can throw his portfolio off balance. To determine the amount to invest, multiply the number of shares of each stock by its current market price to determine the total investment in that specific stock. For example, if you own 100 shares of a US Dollar 5 stock, multiply 100 by US Dollar 5 to get US Dollar 500.

STEP 3: DECIDE ON THE STOCK / SHARE ORDER TYPE

Investors can choose from a market order, a limit order, a stop order (also referred to as a stop-loss order) or a buy/sell stop order. It is important to familiarise yourself with each type’s pros and cons before deciding which one will suit your current stock profile best. An investor should be guided in this choice by his investment objective.

STEP 4: OPEN A BROKERAGE ACCOUNT

A brokerage account – also known as taxable investment account – is similar to a retirement account, but more flexible. Where a retirement account has limitations on the amount of money that can be contributed annually, and restrictions on when funds can be withdrawn, a brokerage account is more flexible. The latter has no income or contribution limit and the investor can withdraw his money at any given time. This flexibility, together with its potential investment gains, makes a brokerage account more attractive to serious investors. Brokerage accounts are ideal for goals or savings that are further than five years away, but closer than retirement. It can also supplement an investor’s emergency savings.

STEP 5: COMMIT AND PURCHASE CIMIC GROUP STOCKS / SHARES

Lastly, commit to the stock. Pro Tip: Monitor the value of your stock to ensure you have a growing stock value and dividend pay-out.  Regularly check the share price online to ensure your investment delivers a positive return on investment. You are now a proud owner of CIMIC GROUP stocks / shares.

5 Questions to ask yourself before purchasing any stocks or shares.

  1. Is it the best time to buy this stock / share?
  2. Should I buy CIMIC GROUP stocks / shares in the current economic climate?
  3. Can I afford to buy this stock / share?
  4. What is the forecast of the stock / share growth?
  5. What is the current price per earning ration on the stock / share?

 

Author Details

Louis Schoeman

Louis Schoeman

Featured Forex and Stocks writer

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