Buy Tabcorp At Current Levels

We retain our strong buy conviction on Tabcorp.

Cost savings following the Tatts merger and forecast improvement in August earnings are two key catalysts which support the recent Algo Engine buy signal at $4.22.

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Tabcorp

Author: Leon Hinde

Leon has been working in the financial services industry for 18 years in management and advisory roles. Leon has extensive experience in general advice and dealings involving securities and derivative financial products.

PS 146 Securities & Derivatives, ADA 1 & 2 accreditation, Responsible Manager Certificate. Leon is authorised to provide financial product advice and deal with respect to the following financial products:

· Deposit Products
· Securities
· Derivatives
· Interest in managed investment schemes; and
· Government debentures, bonds and stocks