I wouldn’t be surprised they smash the outlook once again and again , there saying profits to replicate the first half , my opinion.. management is once again being conservative, I’m pencilling in 27m plus profit for the year ,that’s about eps of 44c , not adjusted for the cash , over $1 in cash per share , so looking very pretty, that $13 Morgan’s PT looks very achievable in the short to medium term ,
A nice 30c special divvy will be nice
Now ask yourself how about the following year , charity lotteries is gaining traction , there party feature is becoming more popular and the potential in there saas business , and offcourse the big one the ever growing business of buying lotteries online instead of the newsagents , it’s only growing ..
Tabcorp mentioned in there half yearly presentation , the online lotteries business is very strong
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- Ann: FY2019 Outlook Update
Ann: FY2019 Outlook Update, page-18
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