TAH 1.28% 38.5¢ tabcorp holdings limited

Why I’m shorting TAH, page-2

  1. 2,551 Posts.
    lightbulb Created with Sketch. 262
    Hey,

    Update to your post.

    The Quaddie cashout issue is sorted they got all of their $$$ back.

    Sports was 4% revenue.

    Obviously they are taking a hit with Tab shops down but they would be doing really well with Lotto/Keno online.

    More people using their online platform which = more Fixed Odds betting where they make more $$$

    There are talks that Credit Card betting will be banned in the next year or so. If this is the case and TAB Shops open back up they will have a monopoly of sports, racing, keno and lotto in the country.

    Also their competitors are all UK based and are losing ive heard $50mil a month with no racing or sports at the moment. Tabcorp are in a good position to keep or win market share. Those UK bookies won't be spending much $$$ in coming years unwillingly.
    Last edited by morganp: 09/04/20
 
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38.5¢
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39.5¢ 40.0¢ 38.5¢ $3.007M 7.756M

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No. Vol. Price($)
16 307069 38.5¢
 

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Price($) Vol. No.
39.0¢ 60132 2
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