LEP - ALE Property Group - Aussie Stock Forums

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  1. #1

    Post LEP - ALE Property Group

    ALE Property Group (LEP) is Australia's largest listed freehold owner of pubs. Established in November 2003, ALE owns a property portfolio of around 90 pubs across the five mainland states of Australia. All of the pubs in the portfolio are leased to members of Australian Leisure and Hospitality Group Limited (ALH) for an average initial term of around a further 18 years.


  2. #2

    Default Re: LEP - ALE Property Group


    Expensive on a premium to NTA basis, but has been on a strong uptrend since Oct 2011. Looks to be retouching the long term rising trendline which has proven a strong buy signal for a long time now. Any thoughts on the technicals here?
    Visit my website for commentary on the Australian share market

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