Australian (ASX) Stock Market Forum

TAH - Tabcorp Holdings

it is trading on a deferred settlement basis by the looks of things

Presently TAH is $3.40 and EGP is $4.47. Total = $7.87

TAH closed Friday at $7.72.

But who is trading EGP and how? I certainly can't access the EGP shares I will have...?

Anyone know the answer please?

Rick
 
Presently TAH is $3.40 and EGP is $4.47. Total = $7.87

TAH closed Friday at $7.72.

But who is trading EGP and how? I certainly can't access the EGP shares I will have...?

Anyone know the answer please?

Rick

EGP is available for trade on a deferred settlement basis. It's just like any other stock, but you pay on the 24th. The shares you will have will be registered on 20/6/11.
 
What is the first rule of fight club?

Never gamble at the casino.

Does anyone know why TAH share price dropped so much during this year?

TAH had a demerger, spinning off its casino businesses, which is now Echo (ASX: EGP). If you add TAH and EGP share prices, it will roughly equate to TAH's share price before the demerger. If you held TAH prior to the demerger, you would've received an equal amount of shares in EGP.
 
SP down 5.17% today to $2.75, not sure if it was because it went ex-dividend or because it announced it would issue subordinated notes. I can see why they might be a bit costly to shareholders, but an 8.9% pa return sounds pretty good.
 
SP down 5.17% today to $2.75, not sure if it was because it went ex-dividend or because it announced it would issue subordinated notes. I can see why they might be a bit costly to shareholders, but an 8.9% pa return sounds pretty good.

Tyler do you own any TAH ?
Do you think there is much upside in the current price long term ? ($2.95)
 
Tyler do you own any TAH ?
Do you think there is much upside in the current price long term ? ($2.95)

Yes I do own a bit of TAH. Funnily enough it cracked the $3 barrier today. I think long term, there is a small upside (personaly opinion, I'm no expert). I have been hoping for it to drop back down to $2.70 so I could get more, but alas, no donut!
 
hoping for it to drop back down to $2.70 so I could get more!
Struggling to crack through it's recent highs and closing softly over the last few days whilst rising on falling volume and having gone ex not too long ago. It seems your hope could be fulfilled.
Whether that turns out to be a pleasant experience is another question!
 
It seems to be in a pretty strong up-trend.

Announcement out today suggesting continued solid growth.

If it could increase it's dividend as a result, that would be a good outcome.
 
I think rates will drop and it will get a bit tougher out there..................anyone have any theories on if people gamble more or less in tough times ?
 
I think rates will drop and it will get a bit tougher out there..................anyone have any theories on if people gamble more or less in tough times ?

My theory has always been that in tough times, people get more desperate and are somewhat forced to take more risks, hence it should be good for gambling.

Can't believe this is now $3.44...guess I missed the boat when it was at $2.70 :(
 
Pattern. Watch 3.28.
 

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  • 2013-09-25 13_38_49-AmiBroker - [TAH - TABCORP HOLDINGS LIMITED - Daily].png
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Pattern. Watch 3.28.

Could you name the Pattern? Flag? Pennant?
Mind you, I agree with your Watch, I started to become interested about 3c lower, but my "watch"includes the condition "Daily Close Above" (or Below, if it's a trailing Stop).

TAH n 25-09-13.gif

Nonetheless, I haven't bought yet because the July rally dropped back rather far. I interpret a fall below 50% as a sign of weakness, so I'd rather err on the side of caution. Check out TPM, which turned at 50% :)
 
To my knowledge TAH generally goes XD in mid February. However I am not aware of any announcement regarding February 2014.

Any able to provide more info please?

Thanks

Rick
 
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