Added to YB: 2025-07-10
Pitch date: 2025-07-06
RNK.L [neutral]
The Rank Group Plc
-20.6%
current return
Author Info
The Boon Fund writes about their investments in UK shares. Outperforming the FTSE All-Share, every year, for the last three years. 49% total return vs 15% over three years. They transparently publish their entire portfolio, as well as all buys and sells that they do. Sign up for the newsletter.
Company Info
The Rank Group Plc, together with its subsidiaries, engages in provision of gaming services in Great Britain, Spain, and India.
Market Cap
GBP 654.9M
Pitch Price
GBP 1.37
Price Target
2.30 (+112%)
Dividend
0.93%
EV/EBITDA
8.69
P/E
20.34
EV/Sales
0.99
Sector
Hotels, Restaurants and Leisure
Category
special_situation
June 2025: Portfolio Commentary - The Rank Group Plc
RNK.L (holding update): New UK gambling legislation (July 22) allows more slot machines in Rank's Grosvenor casinos—substantial profit upside. Shore Capital estimates +3p EPS (vs 8p FY25 forecast). Strong moat in land-based casinos as new licenses rare. Online gambling crackdown benefits physical locations. Risk: potential gambling tax hike in Autumn Budget.
Read full article (1 min)