e article said if SG Pools is a Listed Company it will be rated "BUY".
Just wondering will lottery companies be considered a good buy in general, there are several listed lottery companies in the regions.
But unlike SG Pools, they usually collects 0.5%-3% of the revenue & rest of it went to the governments.
Rexlot (HKG: 0555)
2011 (ROE:18.15% , ROA: 15.28%, Net Profit margin: 41.59%, Total Debt/Equity:3%)
Tatts Group Limited (ASX:TTS)
2012 (ROE:12.23% , ROA: 6.57%, Net Profit margin: 8.18%, Total Debt/Equity:63%)
Tipp24 SE (ETR:TIM)
2011 (ROE:34.48%, ROA: 25.29%, Net Profit margin:24.68%, Debt/equity: 7%)
(06-03-2013, 01:19 PM)honeyclover Wrote: [ -> ]e article said if SG Pools is a Listed Company it will be rated "BUY".
Just wondering will lottery companies be considered a good buy in general, there are several listed lottery companies in the regions.
But unlike SG Pools, they usually collects 0.5%-3% of the revenue & rest of it went to the governments.
Rexlot (HKG: 0555)
2011 (ROE:18.15% , ROA: 15.28%, Net Profit margin: 41.59%, Total Debt/Equity:3%)
Tatts Group Limited (ASX:TTS)
2012 (ROE:12.23% , ROA: 6.57%, Net Profit margin: 8.18%, Total Debt/Equity:63%)
Tipp24 SE (ETR:TIM)
2011 (ROE:34.48%, ROA: 25.29%, Net Profit margin:24.68%, Debt/equity: 7%)
just updating my last post. Had brought Rexlot ard 0.61 in 2012.
Sold 50% of Rexlot at 1.12 just now.
Not sure whether is it the World Cup 2014? but seems like 'greed' & overpriced to me.
Where else for Tipp24 SE, brought at 41. now 48.
Didn't buy Tatts due to its higher Debt/equity & lower profit margin previously.