Intelligent Investor

Tabcorp Holdings Limited

By · 21 Mar 2003
By ·
21 Mar 2003
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Recommendation

Tabcorp Holdings Limited - TAH
Current price
$0.73 at 16:35 (24 April 2024)

Price at review
$9.84 at (21 March 2003)
All Prices are in AUD ($)
There are red flags appearing everywhere for this Victorian-based gambling company, as you'll see from the special report enclosed. The bid for Jupiters looks like being very expensive for Tabcorp shareholders, although the stock is up 3% since issue 122/Mar 03 (Buy - $9.59). We're now downgrading Tabcorp two notches to HOLD FOR YIELD.
IMPORTANT: Intelligent Investor is published by InvestSMART Financial Services Pty Limited AFSL 226435 (Licensee). Information is general financial product advice. You should consider your own personal objectives, financial situation and needs before making any investment decision and review the Product Disclosure Statement. InvestSMART Funds Management Limited (RE) is the responsible entity of various managed investment schemes and is a related party of the Licensee. The RE may own, buy or sell the shares suggested in this article simultaneous with, or following the release of this article. Any such transaction could affect the price of the share. All indications of performance returns are historical and cannot be relied upon as an indicator for future performance.
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