Rank Group (RNK)

The inevitability of death and taxes is a cliche not lost on Rank, they pay double for one and most of their customers are at risk of the other.Bingo is great fun and massively popular - but the Government likes to charge them VAT as well as the tax on profits levied on gambling firms.When it decides not to - which is possible - we think there is instantaneous value in the shares. Bingo! You might say.

First aired: Mon, 19/05/2008 - 00:23