movin movin , page-4

this is part two of the morgan stanley city report of today, again, pls, DYOR...this post is NOT meant to be ramping TTS.
btw: Stoxline have a forecast tgt of $3.40.-,

Rating Buy, Medium Risk (1M)
Price $2.40
Target Price $2.80
Expected Total Return (%) 25.0
Market Capitalisation ($Abn) 3.1
TTS.AX (Y/E Jun) 2009A 2010E 2011E 2012E
Rpt NPAT ($Am) 279 273 297 328
Core EPS (A) 22.0 21.4 23.4 25.8
EPS Growth (%) 8.3 (2.6) 9.3 10.3
P/E (x) 10.9 11.2 10.2 9.3
DPS (A) 21.0 20.0 20.0 20.0
Yield (%) 8.8 8.3 8.3 8.3
Franking (%) 100 100 100 100
Source: company reports, CIRA estimates.

Research Publication Date: TTS.AX Declared the Winner on
Lotteries, 2 March, 2010