re: dividend etc This is from Cameron Stockbrokers email at 1pm & they have more free info on their website:
ASX Code TTS
Last Price $3.57 (not now..)
Tatttersall’s Limited has listed today. We apologise for the misprint in yesterday’s correspondence which had the incorrect date on it.
The prospectus forecast EPS (before amortisation of goodwill) of 18.2 cents and dividend per share of 15c (fully franked). This equates to a PE of approximately 19.6 times and a fully franked dividend yield of 4.2%.
While it is hard to know what to pay for this monopoly style business we would recommend long term investors to buy some shares now and average down if the price was to drift lower. EOM
-this last bit you'd think was an unusual thing for a Broker to say as the other link on their website mentions $3.10...anyway, I'm just on their free email list which has been handy with lots of float info etc
re: dividend etc This is from Cameron Stockbrokers email at 1pm...
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