Heres a screenshot off ALG's website.
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Most successful? Gawd, I'd hate to see the least successful then! Just look at their 10 year profit performance.
![]()
Thats a net loss of -$141M for the last ten years. The losses over the last 5 years are ~ $420M , equal to two thirds of this enterprises current Market cap! How can this be called a successful business.? It can't.
Didnt they sell their USA Main Event business arm a few months back? Then why is it still listed as part of their business on their website? What a hopeless company!
Chartwise it is not looking good. The spurt upwards in Aug 2021 when everyone thought attendance rates would recover the business hasnt really happened, and now that inflation leading to stagflation is becoming part of our life, things are not going to improve the balance sheet as peeps will have less discretionary funds to spend.
Stock has been trading in a downwards channel, and $1.00 target looks very real, especially now that the growth paradigm is dying, with a more sane return to fundamentals, ie value and profit. This puppy is on shaky ground.
Massive volume dump on 31st May indicates distribution at the chart top, so it is ready for the next leg down.
This mob could easily half their Market cap and still be well overpriced, imo. Enjoy.
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Last
47.8¢ |
Change
0.008(1.60%) |
Mkt cap ! $215.8M |
Open | High | Low | Value | Volume |
47.0¢ | 48.0¢ | 47.0¢ | $92.69K | 195.1K |
Buyers (Bids)
No. | Vol. | Price($) |
---|---|---|
8 | 42924 | 47.5¢ |
Sellers (Offers)
Price($) | Vol. | No. |
---|---|---|
48.0¢ | 100016 | 12 |
View Market Depth
No. | Vol. | Price($) |
---|---|---|
8 | 42924 | 0.475 |
7 | 217945 | 0.470 |
3 | 56999 | 0.465 |
6 | 88976 | 0.460 |
3 | 57005 | 0.455 |
Price($) | Vol. | No. |
---|---|---|
0.480 | 100016 | 12 |
0.485 | 70268 | 4 |
0.490 | 3124 | 1 |
0.495 | 86915 | 4 |
0.500 | 327878 | 7 |
Last trade - 15.32pm 19/06/2024 (20 minute delay) ? |
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