ALS Limited

ASX:ALQ

ALS Limited

ASX:ALQ
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$16.16 (+3.2%)
Last close price
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Reports (2) My Report Forum Investors
Forum Topics ALQ ALQ Bear Case

Pinned straw:
edgescape
Added 4 months ago

Since my exit here ALQ obeyed the law of averages where each time I sold the price goes up! It is something I definitely need to stop doing

The reasons selling were

* Leverage at 2x ebitda

* Nuvisan integration

Despite the selling it appears everything is still holding up. Maybe it's the div yield or maybe the branching into environment testing like PFAS.

But ALQ is still "addicted" to debt.

Will have to do more investigation

edgescape
Added 4 months ago

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Don't know the truth of this but this is a snapshot of trades from moomoo.

It's probably moomoo traders rather than the broader market?

Can't see the appeal given the new CEO Malcolm Deane is not that inspiring imho. Will wait for lower

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