Tabcorp and Tatts Merger Edges One Step Closer to the Finish Line
We remain confident the proposed Tabcorp and Tatts merger will proceed following the statement of issue, or SOI, released by the Australian...
163 Views
Tatts' Weak Result Does Not Reduce Its Corporate Appeal; FVE Lowered to Implied Bid Price
As guided, narrow-moat-rated Tatts Group reported a weak first-half 2017 fiscal result, albeit slightly below our expectations. The market's key...
169 Views
Tabcorp's Interim Fiscal 2017 Result Shows Traditional Wagering Remains Under Pressure
Narrow-moat-rated Tabcorp's 2017 interim result met our expectations, reporting 5% growth in underlying net profit after tax, or NPAT, over the...
200 Views
Tatts / Tabcorp - What's the Table Limit on Tabcorp's Bet?
Tatts has been trading above the implied offer by Tabcorp by 5% to 6.5% since Pacific Consortium announced a AUD 4.40 to 5.00 non-binding offer for...
365 Views
Smartkarma - Special Situations Weekly Update (19 Dec 2016)
We at Smartkarma Special Situations put out a weekly update on trade ideas we like, key events from the week gone by and what to look out for in...
257 Views