Australian (ASX) Stock Market Forum

ALL - Aristocrat Leisure

ALL looking nice and strong here. Gapped up Monday morning 5.7% and then has held the gap all week - no gap fill. Nice increase in volume over the last 5 days too, with no signs of selling pressure.
 

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Nowhere near as bullish looking but Ainsworth has held a gap from earlier too.

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Aristocrat Leisure, Australia’s largest listed gambling and gaming machine company, is evacuating its 1000 staff in Ukraine as the Russian invasion threatens the stability of Europe’s largest nuclear power station.

Aristocrat, with 7000 employees worldwide, has the largest footprint of any Australian company in Ukraine, equalling staff numbers in Australia.

The company said it has helped 200 people leave Ukraine and 150 move from its largest office in the under-fire-city of Kharkiv to Lviv, a city close to the border with Poland.
 
I recalled last week, just before that article came out, that I had read Russia's name mentioned in ALL reports and presentations. Then I saw in their last presentation they had a signifiant workforce in the Ukraine. I suppose someone at the AFR recalled too.

 
I recalled last week, just before that article came out, that I had read Russia's name mentioned in ALL reports and presentations. Then I saw in their last presentation they had a signifiant workforce in the Ukraine.
And interesting it's not an ASX Ann, doesn't have to be Market Sensitive but some PR at the very least. (better than the alternative, of negative news after the fact)
 
ALL is showing improved relative strength in this falling market.
Both US and ASX markets are making new lows while ALL shows only a slight drift down.

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The RSC(XAO) over the past 21d has been positive (green) for a while. The 21wk is rising through zero.

Disclosure: I've bought a small parcel and will add more when price trades > 36.
 
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