Summary Marketline's Crown Resorts Limited Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Crown Resorts Limited - Mergers & Acquisitions (M&A), Partnerships & Alliances since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Inv...
A director at Tabcorp Holdings Limited bought 78,500 shares at 0.599AUD and the significance rating of the trade was 51/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the company's directors over the last two yea...
Summary Crown Resorts Ltd - Company Profile and SWOT Analysis, is a source of comprehensive company data and information. The report covers the company's structure, operation, SWOT analysis, product and service offerings and corporate actions, providing a 360˚ view of the company. Key Highlights Crown Resorts Ltd (Crown Resorts) is a major player in the entertainment industry, primarily operating integrated resorts. The company's core offerings include luxury accommodations, award-winning din...
TABCORP HOLDINGS (AU), a company active in Gambling, improves its general evaluation despite the loss of a fundamental star(s). The independent financial analyst theScreener has removed a fundamental star(s) from the title, which now shows 3 out of 4 stars; conversely, its market behaviour remains table and can be still described as moderately risky. The loss of a star(s) core is inconsequential since theScreener revises upgrades the general evaluation of the value to Slightly Positive. As of th...
Full Article at IIR has reaffirmed its Recommended rating for PIA after undertaking a review post the appointment of a new Portfolio Manager, Harding Loevner. The full report can be found on the IIR website. On 26 July 2021, Pengana International Equities Limited (PIA) announced a fully franked dividend of 1.35 cents per share for the June quarter. This represents an 8% increase on the March quarter dividend and takes the total dividends declared for FY21 of 5.1 cents per share, fully franked....
Summary Marketline's Donaco International Ltd Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by Donaco International Ltd since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of...
Despite trading roughly in line with our AUD 4.50 per share fair value estimate, wagering and lottery giant Tabcorp offers investors a very attractive dividend stream. At the current price, the stock yields a reliable 5% (fully franked), which is impressive, especially given the current low interest rate environment. We think the company can sustain a payout ratio of about 100%, supported by: (1) a highly cash-generating lotteries business, (2) the integration of the acquired wagering businesses...
Despite trading roughly in line with our AUD 4.50 per share fair value estimate, wagering and lottery giant Tabcorp offers investors a very attractive dividend stream. At the current price, the stock yields a reliable 5% (fully franked), which is impressive, especially given the current low interest rate environment. We think the company can sustain a payout ratio of about 100%, supported by: (1) a highly cash-generating lotteries business, (2) the integration of the acquired wagering businesses...
Despite trading roughly in line with our AUD 4.50 per share fair value estimate, wagering and lottery giant Tabcorp offers investors a very attractive dividend stream. At the current price, the stock yields a reliable 5% (fully franked), which is impressive, especially given the current low interest rate environment. We think the company can sustain a payout ratio of about 100%, supported by: (1) a highly cash-generating lotteries business, (2) the integration of the acquired wagering businesses...
Narrow-moat Tabcorp reported an interim 2019 underlying NPAT of AUD 211 million, more than double the previous corresponding period. This rapid growth mainly reflected a full six-month contribution from recently acquired Tatts. Had the Tatts acquisition been in place for the full comparable period, revenue and EBITDA would’ve increased by 6% and 9%, respectively, a more modest, but positive result, nonetheless. Lotteries was the standout performer during the period, reflecting strong digital g...
Narrow-moat Tabcorp reported an interim 2019 underlying NPAT of AUD 211 million, more than double the previous corresponding period. This rapid growth mainly reflected a full six-month contribution from recently acquired Tatts. Had the Tatts acquisition been in place for the full comparable period, revenue and EBITDA would’ve increased by 6% and 9%, respectively, a more modest, but positive result, nonetheless. Lotteries was the standout performer during the period, reflecting strong digital g...
Narrow-moat Tabcorp reported an interim 2019 underlying NPAT of AUD 211 million, more than double the previous corresponding period. This rapid growth mainly reflected a full six-month contribution from recently acquired Tatts. Had the Tatts acquisition been in place for the full comparable period, revenue and EBITDA would’ve increased by 6% and 9%, respectively, a more modest, but positive result, nonetheless. Lotteries was the standout performer during the period, reflecting strong digital g...
Summary Marketline's William Hill PLC Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments report includes business description, detailed reports on mergers and acquisitions (M&A), divestments, capital raisings, venture capital investments, ownership and partnership transactions undertaken by William Hill PLC since January2007. Marketline's Company Mergers & Acquisitions (M&A), Partnerships & Alliances and Investments reports offer a comprehensive breakdown of the organic and ...
While the integration of Tatts' lotteries businesses provides narrow-moat-rated Tabcorp with a source of more defensive earnings, the firm's core wagering business still contributes the most significant proportion of earnings. The company’s primary objective will be integrating the newly acquired Tatts wagering business, and the company should extract significant synergies, particularly on the cost side. The inclusion of UBET further expands Tabcorp's wagering footprint as the firm strives to ...
While the integration of Tatts' lotteries businesses provides narrow-moat-rated Tabcorp with a source of more defensive earnings, the firm's core wagering business still contributes the most significant proportion of earnings. The company’s primary objective will be integrating the newly acquired Tatts wagering business, and the company should extract significant synergies, particularly on the cost side. The inclusion of UBET further expands Tabcorp's wagering footprint as the firm strives to ...
While the integration of Tatts' lotteries businesses provides narrow-moat-rated Tabcorp with a source of more defensive earnings, the firm's core wagering business still contributes the most significant proportion of earnings. The company’s primary objective will be integrating the newly acquired Tatts wagering business, and the company should extract significant synergies, particularly on the cost side. The inclusion of UBET further expands Tabcorp's wagering footprint as the firm strives to ...
A Correction and Not the End of the Cycle. In our view, the equity market sell-off in the past few weeks is a correction and a return to more normal levels of volatility rather than the start of an earnings recession. Indicators such as the yield curve, credit spreads and the Fed’s Loan Officer’s Survey all suggest the cycle still has legs. However, the market is beginning to price an EPS growth slowdown and risks are rising as we come towards the end of the cycle. Moving Back to a More Nor...
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