Forum Archive Index - January 2001

["G Stolwyk" <stolwyk@wave.co.nz>]

Reader: Please read the disclaimer at the bottom of this page.

 

 

Please refer to my post of Jan. 5, " WORKING....Invest...results (1): Discussion. 

 

 Arising from some study, profit increases of 24% to June 30 ( $74 mill.) and 30 % to June 30, 2002 ( $ 96 mill ), are forecast.

 

These forecasts depend on:

(a) Any fall-out from a proposed State Govt.commission, being minimal. ( Note that the subject of any commission was not known, when TAB was added to the recommended stocks on Dec 10 ).

 

(b) A world wide wide interactive TV channel based on 24 hrs horse racing, not going ahead.

 

Re :(b): Proposed TV channel will enable the watching and betting on the world's most important races from GB, US, HK, AUS. and others.

 

( TAB has virtual perpetual broadcasting rights and has the Sky Racing Channel on Pay TV which is watched by 1.4 mill. Aus. households. TAB has internet wagering capability ).

 

An American company is trying to organize this and the English clubs have already accepted.

 

Obviously, if TAB and others join in the operation, then it could be very rewarding to the participants! 

 

We still need to know details on betting; however, more information should come to hand before June.

 

Their official web site: < www.racetabcom.au > . TAB has 500 mill. shares.

 

Gerry

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 Disclaimer. All investments are subject to risk. Contents of this email are my opinion. This could change. Accuracy or completeness of the subject matter cannot be guaranteed. No one is asked to buy, hold or sell shares in any company, trust or any other instrument. Any investment will be entirely at the reader's risk!