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Pollard Banknote Ltd T.PBL

Alternate Symbol(s):  PBKOF

Pollard Banknote Limited is a Canada-based provider of products and solutions to lottery and charitable gaming industries. The Company produces and provides a comprehensive line of instant tickets and lottery products and services, including licensed products, distribution, SureTrack lottery management system, marketing, PollardEdge iLottery platform, game content, interactive digital gaming, including mkodo’s game apps and GeoLocs, PlayOn loyalty programs, retail management services, ScanACTIV, EasyVEND, lottery ticket dispensers and play stations, vending machines and eGaming systems marketed under the Diamond Game and Compliant Gaming trade names. In addition, its charitable gaming product line includes pull-tab (or break-open) tickets, bingo paper, pull-tab vending machines and ancillary products such as pull-tab counting machines. Its lottery products are sold throughout Canada, the United States and the rest of the world. It serves over 60 instant ticket lotteries.


TSX:PBL - Post by User

Post by zalmonellaon Apr 11, 2022 1:24pm
196 Views
Post# 34594242

On the plus side

On the plus sideManagment owns 70%. So it's bad that they don't have any interest in the day-to-day share price, but it's good in that their wealth is bound up in this thing. It's virtually impsosible to be bought out, and it's very unlikely to go private or they lose the access to the market for their expansions. 

It also explains why there's never any information coming out about it except for contracts.   For some reason, the MD&A speaks about high costs continuing to reduce profitiability going forward and I confess I'm puzzled about that.  Isn't this just a printer?  No other printer is doing very well either, but that's mostly a lack of business. Surely the antidote to high costs in the sort term is more contracts and more revenue.

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