Tabcorp reports earnings on the 2nd of February.
We assume Tatts merger is completed by middle of this year and generates cost savings post integration of $100m plus.
You're not a member! Trial today
FY18 revenue $5.2b, EBIT $800m, DPS $0.25 places the stock on a forward yield of 5%.
We’re buyers of TAH at $4.70 and selling call options post the earnings result.
