ALS alesco corporation limited
Add to My Watchlist 0.00% ! $1.63

buy recommendation

  1. patmad
    1,130 Posts.
    lightbulb Created with Sketch. 210
    clock Created with Sketch.
    21/12/09
    19:30
    Post #: 6070845
    Andrew Doherty, Morningstar

    BUY RECOMMENDATIONS

    Alesco Corporation (ALS)

    This distributor of housing and construction products and the manufacturer of B&D Doors will benefit from a turnaround in housing activity in the next two years. The balance sheet is in good shape after selling its scientific and medical division in April. Not capital intensive, its a reasonable generator of cash and dividends, but investors need to be comfortable with a cyclical stock.
    ALS Price at posting: $4.63 Sentiment: Buy Disclosure: Held
    Likes Created with Sketch.  Upvote
    lightbulb Created with Sketch.  Great analysis
    Stroke 3 Created with Sketch. Comments Created with Sketch. Reply

  2. Top Stories

 

Featured News

NEWS Access the Latest ASX news daily on HotCopper
right-arrow Created with Sketch.
NEWS 'Strong succession': WiseTech brings in old face to build new, post-White future
right-arrow Created with Sketch.
NEWS Friday's HotCopper trends: Renascor concentrate, Larvotto raise
right-arrow Created with Sketch.
NEWS The 10 hot stocks HotCopper users watchlisted in Week 30
right-arrow Created with Sketch.
NEWS Veteran executive to help turn Trigg into leading US-based antimony producer
right-arrow Created with Sketch.
NEWS Firetail scoops up untested land around Excelsior – including juicy mineralisation target
right-arrow Created with Sketch.
Add to My Watchlist
What is My Watchlist?
A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.
Add to My Watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.