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TABCORP SHARE PRICE - Racing Talk - Racehorse TALK

Author Topic: TABCORP SHARE PRICE  (Read 211 times)

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Offline Peter Mair

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O.P. « 2020-Mar-24, 07:54 PM »


SILVER LININGS -- TABCORP SHARE PRICE

The prospect of 'addicted punters' confined to barracks to amuse themselves is a likely god-send to mid-week betting turnover and the Tabcorp share price

                            https://www.google.com/search?client=firefox-b-d&q=asx+Tabcorp

...............the way ahead will be illustrative....... it will be less destructive to most if TAB punters, betting online, remember that the minimum bet, on everything, is 50 CENTS.

....... you won't win ... the entertainment is about 'selecting and watching'  .......... bet little .......enjoy much.

On a per-hour basis, selecting and watching, is cost effective entertainment.


Offline wily ole dog

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« 2020-Mar-24, 09:01 PM Reply #1 »
Oh  :censored:  off.
You really are a self centred twat

Offline Peter Mair

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« 2020-Mar-24, 09:07 PM Reply #2 »




...... that senseless remark only reflects adversely on the not-wily one

Offline Peter Mair

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« 2020-Mar-24, 09:12 PM Reply #3 »


.............. do not forget ...... the minimum 'live', multi-bet, is ONE CENT provided the total wagered is 50 CENTS

Offline Antitab#

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« 2020-Mar-24, 10:52 PM Reply #4 »
You are so dumb its frightening.

Pubs and clubs are closed, NZ racing in the morning is gone, UK racing at night  is gone, all US sport is gone and basketball turns over more than the Australian football codes , now all Australian Sport is gone, TAB turnover will be down a minimum of 40%, probably more.

That should help share price.

Online Jeunes

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« 2020-Mar-24, 11:37 PM Reply #5 »
You are so dumb its frightening.

Pubs and clubs are closed, NZ racing in the morning is gone, UK racing at night  is gone, all US sport is gone and basketball turns over more than the Australian football codes , now all Australian Sport is gone, TAB turnover will be down a minimum of 40%, probably more.

That should help share price.

It gets worse for them soon as many are upset that Racing can go on while there are many restrictions on other events.

Wait till the wedding people (5 limit) and funeral people (10 limit) find out about racing. Then there will be some more social media pressure on racing.

Heard E Games is the only sport to bet on at the moment.

Offline PoisonPen7

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« 2020-Mar-25, 11:59 AM Reply #6 »
The extra unemployment is a big problem for any gambling stocks.

Across Tabcorp's 5 product suites, it is hard to see any of them not being adversely affected.

Lotteries, Keno and Maxx are going to be affected badly by closures of venues and increased unemployment rates.

Sky probably doesn't make that much of a profit anyway but racing (minus crowds) looks safe for the Easter Carnival as racing wasn't mentioned by Morrison in last night's speech or the day before.

But the unemployment has to affect TAB and other wagering operators. Everything seems so quiet on the streets and in the shops. It would be some sort of miracle if TABCorp dodged a huge double digit hit to EBITDA.

TAH shares have hit a recent low of $2.09 after being as high as $4.99 recently. All the bad stuff would be fully factored into that price although in this market it would be a brave person to call the bottom.



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