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Tabcorp – Low Risk Income Play

Following TABCORP’s successful bid for Tatts Group, the next 12 months should provide a low risk opportunity to generate 10 t0 12% annualised cash flow from TAH.

The Algo Engine generated a buy signal early in November at $4.50. We remain positive on the stock and continue to acquire shares and sell the May call options with a view towards collecting the February dividend as well.

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Chart – TABCORP

 

 

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