The parent company of dreamworlds key mistake in handling how the news of its fatal accident played out in media was the failure of its ceo fronting the media straight away, a. This high level of volatility gives investors the opportunity to enter into the stock, and potentially buy at an artificially low. View gary weiss profile on linkedin, the worlds largest professional community. On 24 december 2018 implementation date, the ardent leisure group then comprising ardent leisure limited and ardent leisure management limited in its capacity as responsible entity of the ardent leisure trust implemented a corporatisation transaction pursuant to which a new entity, ardent leisure group limited acn 628 881 603 alg acquired. The company is recognised as one of australias most successful owners and operators of premium leisure assets, with a diverse portfolio of venues in australia, new zealand, and the u. See who you know at ardent leisure group, leverage your professional network, and get hired. Its not possible to publish a realtime top 20 shareholder list. Aad was a solid buy given its fluctuation in share price following a 20% fall at. Consistently driving earnings growth through portfolio diversification. Dec 20, 2017 ardent leisure group is the owner of popular entertainment businesses like dreamworld, skypoint observation deck, amf and kingpin bowling, and main event in the united states. Ardent leisure evolve beyond spreadsheet reporting with reportsnow.
Ardent leisure formerly macquarie leisure trust is an australianbased leisure company which owns and operates a leisure portfolio of over 100 assets across australia, new zealand and the united states. Ardent leisure shareholders scream as full year fall. Hamptons is retained by the ardent leisure group, who is the trustee of dalbora marinas. Earnings for ardent leisure group are expected to decrease by 100. Resilient performance of the group is a reflection of strong demand for affordable leisure product and the groups continuing earnings diversification. Hotcopper has news, discussion, prices and market data on ardent leisure group. Shareholders of leisure and theme park business, ardent leisure group asx. Ardent leisure was originally known as macquarie leisure trust until it split from macquarie group in 2009. Get the latest articles on recommendations and investment news for ardent leisure group.
All content is posted anonymously by employees working at ardent leisure group. With an unmatched scope thanks to apple vacations, travel impressions and driving distribution, apple leisure group. The ardent leisure group comprising ardent leisure limited, ardent leisure management limited, dreamworld wildlife foundation limited and the ardent leisure trust together ardent, we or us own and operate the. In 2006, ardent leisure constructed a worldclass water park, whitewater world. Why the ardent leisure group share price could be set to rise. Ardent leisure boss deborah thomas to leave company with. Ardent leisure group limited alg is a company within the consumer discretionary sector listed in the asx indicies. Ardent leisure group ltd is an australiabased company, which invests in and operates leisure businesses in australia and the united states of america. With the unparalleled reach of our vacations brands, apple vacations, beachbound, blue sky tours, cheapcaribbean, funjet vacations, funway holidays, united vacations, travel impressions, and southwest vacations driving distribution, apple leisure group is the nations largest provider of charter flights, and the largest vertically integrated. If a company chooses to publish the data, its usually once a year in their annual report.
Ardent leisure group restructure this publication provides you with the following level of protection. Notice from managed investment trust and estimated tax components of the 26 june 2018 interim distribution. The trusts property portfolio comprises theme parks, bowling centers, and health clubs as well as a portfolio of family entertainment assets in the united states. Aad certainly looks like an attractive dividend payer on the surface. Operating seven sites across new south wales and victoria, our involvement from a town planning perspective in these projects, sees an array of tasks, from high level strategic advice. Dreamworld complicated crisis when ardent leisure ceo. Notification of dividend distribution notification of dividend distribution 1 4 part 1 entity and announcement details 1. Feb 26, 2018 the following slide deck was published by ardent leisure group in conjunction with their 2018 q4 earnings call. Any general advice has been prepared by morningstar australasia pty ltd abn. The ardent leisure group comprising ardent leisure limited, ardent leisure management limited, dreamworld wildlife foundation limited and the ardent leisure trust together ardent, we or us own and operate the following australianbased leisure businesses.
Jan 21, 2016 in november last year, i wrote that entertainment, leisure and theme park operator ardent leisure group asx. Performance of the group is a reflection of strong demand for affordable leisure product and the groups continuing earnings diversification. Ardent leisure group, formerly macquarie leisure trust group, is principally engaged in investing in the leisure and entertainment businesses. Is ardent leisure group a buy at the current share price. The company is preparing to face down a push for board representation from two activist investors who. Ardent leisure group limited trades on the australian stock exchange under the. Pressure is ramping up on ardent leisure, the beleaguered owner of the dreamworld theme park. Start a free 15 day trial and receive our report best buys for income and growth. Ardent leisure group limited alg has acquired all issued stapled. Ardent leisure group is a trust established to acquire and invest in leisure and entertainment properties in australia. It is most known for its operation of the dreamworld theme park and the whitewater world water park on the gold coast, queensland, australia. With an unmatched scope thanks to apple vacations, travel impressions and driving distribution, apple. The following slide deck was published by ardent leisure group in conjunction with their 2018 q4 earnings call.
To locate a site on a map, click the relevant site name. Ardent leisure group 2018 q4 results earnings call. The company is recognised as one of australias most successful owners and operators of premium leisure assets, with a diverse portfolio of venues in. Apr 03, 2017 the parent company of dreamworlds key mistake in handling how the news of its fatal accident played out in media was the failure of its ceo fronting the media straight away, a crisis. We acknowledge the traditional yugambeh language people of the gold coast, and elders past and present. Ardent leisure group company complete business profile. The leisure company, which owns assets in australia, new zealand. Ardent leisure group hy12 financial summary and commentary main event entertainment health clubs marinas bowling theme parks group financial results for half year ended 31 december 2011 outlook. Related research for ardent leisure group aad ardent leisure. Dreamworld owner ardent leisure facing board push from. This publication excluding appendices is a public ruling for the purposes of the taxation administration act 1953. Select the box next to the sites where you would like to apply for a job to verify if there are any positions available. New features november 2019 release 26112019 simple.
However, investors should be careful buying it just for its enticing yield. In order for custodians holding ardent leisure group. Ebitda is earnings before interest, tax, depreciation and amortisation. Ardent leisure boss bails out after just four months at. Interim result 2017 as expected, the tragic events at dreamworld led to a poor interim result. Aad shares rose 7% on wednesday following the announcement of a proposed sale of its bowling business ardent leisure group is the owner of popular entertainment businesses like dreamworld, skypoint observation deck, amf and kingpin bowling, and main event in the united states despite that, the ardent share price has. News, information and stories for ardent leisure group australian stock exchange. The asx group s activities span primary and secondary market services, including capital formation and hedging, trading and price discovery australian securities exchange central counter party risk transfer asx clearing corporation. To find out more about ardent leisure, talk to an advisor or contact us. Ardent leisure group 2018 q4 results earnings call slides. Jul 11, 2017 be careful about buying ardent leisure group asx. This category has the following 2 subcategories, out of 2 total. Data supplied by morningstar and accurate on 21 aug 2018.
In november last year, i wrote that entertainment, leisure and theme park operator ardent leisure group asx. Ardent leisure group limited level 8, 60 miller street north sydney, nsw 2060. See the complete profile on linkedin and discover garys connections and jobs at similar companies. Alg ardent leisure group limited stock price stocklight. Join the hotcopper asx share market forum today for free. Ardent leisure group is an australiabased company, engaged in operating premium leisure assets including the dreamworld, whitewater world and skypoint theme parks and attractions, amf and kingpin bowling, dalbora marinas, goodlife health clubs, as well as main event, which is a portfolio of family entertainment assets in the united states. Companies are not obliged to report this data with the exception of substantial shareholders above 5%. Apple leisure group is the nations only hospitality company with a vertically integrated business model, making them a unique niche in the u. Alg consistently delivers exceptional value to travelers and strong performance to resort owners and partners by. Milsons point, nsw nov 27, 2019 thomson streetevents edited transcript of ardent. For ardent leisure, i believe the impact of a brexit is unlikely to affect longterm earnings, making the current pullback and upcoming distribution a great time to purchase a topquality company. Pages in category ardent leisure the following 8 pages are in this category, out of 8 total. The company began by acquiring the existing dreamworld theme park in 1998. There are a number of metrics and ratios i advise investors look in to before jumping to any conclusions on whether a dividend stock is a sound investment.
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