Our opinion on Ardent Leisure (ALG)
Hi James,
Do you have an opinion on Ardent Leisure (ALG) please. Would they be more likely to be one of the early recipients when the restrictions are lifted and we are allowed to travel within Aust?
Cheers
Rick
The Latest Q&A
Answer
Hi Rick,
The amusement park operator Ardent Leisure Group (ALG) has rallied strongly over the last 18-months on the prospect of people enjoying travel within Australia and in many cases at the expense of overseas destinations. ALG was in fact one of the markets best performers in August following an excellent report which saw the shares rally over 50% however the stock already has plenty of good news built into its price and MM is currently neutral around the $1.50 area.
