heavily oversold- consider buying now, page-10

Looking at the gambling stocks there is Tabcorp which is fully priced near it's $7.50 ABNAmro Morgans Valuation.

There is Crown selling close to it's various brokers valuations.

Tattersalls (TTS) last sale is $2.45. TTS is valued at $3.00 by ABN Amro Morgans on their report of 9 July 2009
entitled "Yield and Growth These Shares Have Both".

In the Above ABN Amro Report Tattersalls has the top gross yield for FY 2010 of 13.6 precent beating Telstra, Woolworths,QBE, Origin and Westpac Banking Corporation.

On last Friday Tattersalls(TTS) turnover soared and many shares were traded at $2.48 to $2.50 so it is likely that you would need to pay up to $2.50 to get set today.

The expected Tattersalls half year dividend of 10 cents fully franked is due to be announced this month August 2009.

I expect that the Liberals will support the sale of the NSW Lotteries allowing the legislation to pass the Upper house of the NSW Parliament soon. Tattersals will bid for the NSW Lotteries using existing financial resources.