ALL 2.70% $35.02 aristocrat leisure limited

taking off but to expensive now!

  1. 3,918 Posts.
    There are my thoughts on ALL and I'm interested to hear your views.

    ALL prior to the latest announcement was around $1.
    60

    They then announced a loss in the first half of the year of a MASSIVE $35 million.

    It then crashed to around 80c on the news and subsequently has risen quite strongly to todays levels of $1.35 based 'PURELY' on takeover speculation!!!

    What I tend to think is that with a shareprice of $1.35 and a loss of $35mil in the first half and 'UNCERTAINTY' (we don't know what the second half will be like but most LIKELY another loss) in the second half results, I think it is now got to the stage where I put it in the 'overpriced' section based on current fundamentals and also the uncertainty within the industry it is in and fierce competition from other suppliers.

    I have traded ALL recently and made good money from it when I bought in at $1.05 but I really DO think ALL is 'OVERPRICED'! I also believe that takeover rumours are 'FALSE' because if anyone was interested in it they could of launched a bid much sooner than now.

    Time Will Tell.

    Good Luck.
 
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Last
$35.02
Change
-0.970(2.70%)
Mkt cap ! $22.36B
Open High Low Value Volume
$35.30 $35.72 $34.88 $107.1M 3.053M

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No. Vol. Price($)
1 1405 $35.02
 

Sellers (Offers)

Price($) Vol. No.
$35.04 4284 1
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Last trade - 16.10pm 26/02/2020 (20 minute delay) ?
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Last
$35.00
  Change
-0.970 ( 2.66 %)
Open High Low Volume
$35.08 $35.66 $34.89 367344
Last updated 15.59pm 26/02/2020 (live) ?
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