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Ardent Leisure Group

 

Buy Ardent Leisure Group shares

ARDENT LEISURE GROUP (ALG) Shares

ABOUT ARDENT LEISURE GROUP

Ardent Leisure Group Limited is a leisure and entertainment company. Its portfolio includes popular theme parks, indoor entertainment and attractions.

Ardent Leisure Group is one of Australia’s leading entertainment companies and serves approximately 3 million customers each year with family-friendly, affordable categories. The company operates in Australia, the United States and New Zealand.

The company owns and operates more than 100 leisure assets such as WhiteWater World, SkyPoint and SkyPoint Climb, Dreamworld as well as Main Event Entertainment. Dreamworld is the largest theme park in Australia and is in Queensland. It consists of more than 40 rides across nearly 85 hectares.

In addition to these rides, Dreamworld is also a wildlife conservation park that protects and conserves more than 500 animals such as koalas, tigers, tree kangaroos and bilbies.

Ardent Leisure Group Limited is a member of the S&P/ASX 200 Index. The company employs approximately 3 300 people and is headquartered in Milsons Point, New South Wales, Australia.

OVERVIEW OF ARDENT LEISURE GROUP

  • On the 11th of June 1998 the Macquarie Leisure Trust is founded. It buys the 30-hectare Dreamworld theme park which expands its portfolio considerably.

  • The company starts its construction for its popular WhiteWater World water park in 2006. In 2009 it splits from the Macquarie Group, an investment bank and financial services company.

  • It changes its name from Macquarie Leisure to Ardent Leisure Group. The same year QDeck is purchased.

  • During the next couple of years, the company expands its portfolio and quickly becomes one of Australia’s favourite entertainment companies.

VISION & VALUES OF ARDENT LEISURE GROUP

  • Ardent Leisure Group Limited follows sustainable business practices and operates with ethical standards, honesty and integrity.

  • The company values its customers, shareholders, employees and communities. It operates responsibly and ensures the safety of its customers and employees as well as minimizes its impact on the environment. The company’s mission is to create fun and a positive customer experience every time.

  • It aims to create high earnings for its shareholders and is always on the lookout for opportunities to improve itself and to create long-term value.

  • Ardent Leisure Group Limited is committed to the communities from which it serves and contribute to organizations and initiatives that promote the overall well-being of its surrounding communities.

MARKET PERFORMANCE OF ARDENT LEISURE GROUP

  • Ardent Leisure Group Limited trades on the Australian Securities Exchange under the ASX stock symbol ALG.

  • Data analysis for the company’s financial results for the year ending 25 June 2019 reports a revenue of USUS Dollar 297,347 million. Property costs are USUS Dollar 43,400 million. EBITDA is USUS Dollar 34,147 million. Total income is USUS Dollar 492,839 million. Cash and cash equivalents are USUS Dollar 92,332 million.

  • Total assets are USUS Dollar 705,323 million. Net cash flows from operating activities are USUS Dollar 32,497 million. Net cash flows from investing activities are USUS Dollar 71,250 million. Potential investors can buy shares now at a good price.

Buy ARDENT LEISURE GROUP stocks / shares – A Step by Step Guide how to Buy / Purchase ARDENT LEISURE 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 ARDENT LEISURE 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 ARDENT LEISURE 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 ARDENT LEISURE 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 ARDENT LEISURE 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 ARDENT LEISURE 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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