JIN 11.3% $9.56 jumbo interactive limited

JIN Fundementals, page-37

  1. 623 Posts.
    lightbulb Created with Sketch. 112
    let's just think logically about this for a while. Why would tabcorp terminate Jumbo's right to sell their tickets when the full cost of the ticket still goes to tabcorp anyway? All Jumbo do is clip the ticket with a fee. Tabcorp get the benefit of selling more tickets without the marketing costs that Jumbo take on and inevitably have to spend themselves. Jumbo have huge margins, so most of their revenue falls to the bottom line, the reason it didnt this year is because of acquisition costs and increased business development. that means they have operating leverage, high roe, high cashflow - all traits of a fantastic business. It's no wonder tabcorp own such a large stake.
    Last edited by mitchy: 15/02/20
watchlist Created with Sketch. Add JIN (ASX) to my watchlist
(20min delay)
Mkt cap ! $596.7M
Open High Low Value Volume
$8.70 $9.56 $8.59 $5.916M 647.5K

Buyers (Bids)

No. Vol. Price($)
1 850 $9.56

Sellers (Offers)

Price($) Vol. No.
$9.60 1000 1
View Market Depth
Last trade - 16.10pm 30/03/2020 (20 minute delay) ?
0.970 ( 8.81 %)
Open High Low Volume
$8.99 $9.55 $8.58 51989
Last updated 15.59pm 30/03/2020 (live) ?
JIN (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.