My trading
Magnum or Bjtoto ? Which one you will choose ?
Hiu Chee Keong
Publish date: Tue, 10 May 2016, 09:26 PM
Recently both magnum and bjtoto has fallen to almost 52 weeks low. Both also offer a good Dividend. If have to choose one only, which one will you choose ? i notice a lot foreigner workers like to play toto, whereaes magnum has more chinese. Both also now in the mercy of governmnet, to incerase gambling tax or not.
i like bjtoto better, but then now with temporary ban of foreigner workers, i think will affect bjtoto more than magnum. And magnum also at very attractive price now, so 50/50, probably will go for both. Anyway, better wait for governmnet's decision first. So whcih one do you prefer ?
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Discussions
Be the first to like this. Showing 11 of 11 comments
Prefer magnum because BJTOTO got exposure to phillipines, prefer pure gaming counter
2016-05-10 21:56
Both are in the dying business industry.
Reasons: Old folks game & not popular among young generation.
2016-05-11 00:40
moneySIFU Both are in the dying business industry.
Reasons: Old folks game & not popular among young generation.
11/05/2016 00:40
young generation don't have so much money to invest
2016-05-11 07:39
did u know it is easier to make money in klse than magnum 4D & toto?
of course, dont expect to make rm3million if your capital only rm10k lah.
2016-05-11 09:42
these gaming stocks why you want to buy? 20 yrs ago, buy one number is RM1, now also RM1, how the company wants to make more revenue and profit
2016-05-12 00:38
Young generation prefer online gambling, no need to wait for few days to get the result.
But what Invest1188 highlighted was also very correct.
That's why price of sport toto was consistently going down from about RM4.50 to now RM3.08
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Posted by Invest1188 > May 12, 2016 12:38 AM | Report Abuse
these gaming stocks why you want to buy? 20 yrs ago, buy one number is RM1, now also RM1, how the company wants to make more revenue and profit
2016-05-12 01:33
Invets1188, for short term, not long term. Yes, rm1 now, rm1 10 years ago, and gambling tax keep going up, but they still manage to make profit consitently and deliver good dividend so so far. Foreigner workers is back soon, and the old 4d generasion still here for good at least for another decade, short term still have some oppurtunity. No harm using small portion of my winning money for some gambling stock :)
2016-05-12 08:19
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neither one....both no business cos many illegal operators now offer higher payout. so nowdays small punters most went there to buy.many outlets reported 30-50% drop in turnover
2016-05-10 21:47