Strong balance sheet, global expansion, the recently created software division and IMO recent underperforming share price is an opportunity to pick up/add JIN and I'll be continuing to add at current levels.
An interesting twist could come by way of an announcement from TAH as they assess offers for their wagering business.
Summary and Outlook. Summary We have reshaped our business into three profitable segments which each have significant growth runways, as they leverage our lottery management excellence and our world class and proprietary technology stack. Our powerful Lotteries Retailing division will continue to thrive as it harvests very strong domestic industry tailwinds, while our still relatively new SaaS and Managed Services business are making meaningful contributions to our TTV, Revenue and EBITDA, and have strong prospects for growth in deep markets. Our resilient balance sheet is a competitive advantage as we go about making lotteries easier for our customers and partners, and as we continue to assess organic and inorganic growth options both domestically and overseas. Outlook The expansion of our business that David and I have touched on today means that prudent capital management, including Jumbo’s dividend policy, is now more important than ever, and we will have more to say about this as the year progresses. Meanwhile, although we have made a promising start to the current half year, especially in our Lotteries Retailing segment, the macro environment we face is more uncertain than ever, which makes it difficult to make any financial forecasts for the financial year with any conviction. However, I am confident that with the suite of businesses that we own, coupled with the likely growth of the markets within which they operate domestically and overseas, that we are well positioned to deliver superior returns to all our stakeholders over the medium to long term.