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$1.49 ardent leisure group

I agree, in time of trouble I don't spend money on...

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ROEROC

5,295 Posts.

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07/09/17

10:34

Post #: 27054594
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Originally posted by AGreenhorn ↑

You have an interesting take on the resilience of Texans which I hope is true for both them and Ardent, but I am not convinced the rebound will come quickly for bowling centres. I believe the return to normality will come quickly for hardware stores and grocery shops, but bowling? I'm not convinced.
I think its good that only a few centres are effected but we still don't know by how much damage they've sustained.
Until more info comes available I think I will steer clear of Ardent, I've recently closed my position and don't think I'll jump back in.
Not just yet anyway.

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I agree, in time of trouble I don't spend money on entertainment.
I am surprised it trading at this level on fundamental and out look
(Rising cost, negative growth and disruption to business)

Only trading at this level hoping the activist investor can unlock value
and if they can't deliver it soon it will be a good correction from here.

AAD Price at posting: $1.85 Sentiment: Sell Disclosure: Not Held
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