Pos­si­ble out­come:

Finweek English Edition - - COMPANIES & INVESTMENTS -

Mur­ray & Roberts has been strug­gling to repli­cate its pe­riod of plenty from 2003 to 2007 af­ter los­ing al­most 80% of its value in the 2008 crash. How­ever, it broke out of its three-year bear trend in 2011, and its long-term base case is show­ing signs that in­vestors are pos­si­bly warm­ing up to the share − with the bullish Rel­a­tive Strength In­dex (RSI) in­di­cat­ing a grad­ual en­try of new buy­ers. Mur­ray & Robert’s as­sur­ance to fo­cus on earn­ings growth in 2014, and the CEO’s prom­ise in July “to

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