Skip to Content
scroll

Thoughts on Tabcorp (TAH) after its sharp decline

Advanced Search

Our Q&As are emailed in our Saturday Morning Report, find the answer to this question below.

Ask a question

    The Latest Q&A

    Question asked

    Thoughts on Tabcorp (TAH) after its sharp decline

    Hi James et.al, I appreciate that you have not been overly keen on TAB corp (TAH) for some time now, but with it currently sitting down around 0.75c appreciate your current thinking? Cheers, Jeff

    Answer

    Hi Jeff,

    We adopted a negative stance toward TAH last FY when it was trading ~$1.10 but after correcting over 30% the pictures obviously changed. However headwinds for the company such as  cost-of-living pressures and regulatory scrutiny remain in play justifying much of the recent re-rating.

    • The risk/reward towards TAH back around 70c has improved significantly but its still not in our Hitlists.
    chart
    image description
    Tabcorp Holdings (TAH)
    image description

    Relevant suggested news and content from the site

    image description
    ASX200 Index
    image description
    Performance update for March, stocks that drove returns & our current positioning
    image description
    Friday 26th April – ASX200 -101pts, Newmont (NEM), Resmed (RMD) & Super Retail (SUL)
    image description
    BHP Group Ltd (BHP)
    image description
    Market Matters Research Lead Shawn Hickman with David Koch
    image description
    Friday 26th April – DOW -375pts, SPI -26pts
    image description
    Movers & Losers
    image description
    Wednesday 24th April – ASX200 +17pts, Silver Lake (SLR), Kogan (KGN) & CPI
    image description
    Stocks this week – Source Bloomberg
    image description
    Wednesday 24th April – DOW +263pts, SPI +27pts
    Members only

    UNLOCK MARKET MATTERS NOW

    Take a free trial.

    No payment details required.

    Already a member? Click here to login
    Back to top