TTS 0.00% $4.45 tatts group limited

buy recommendation by leading broker

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    please note BUY recommendation by leading broker for TTS as of today, pls DYOR, thx...

    Tatts Group (TTS)

    Tatts has won the New South Wales lotteries contract for a purchase price of $850 million. Assuming TTS can achieve technology benefits from 2012 onwards (when current licence technology agreements end), EBITDA (earnings before interest, tax, depreciation and amortisation) is expected to increase to $120 million by 2014, somewhat offsetting the loss of the Victorian pokies business from 2012.
 
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Currently unlisted public company.

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