Good news:

http://www.tnp.sg/news/business/rubber-bouncing-back

Steady, it will go back up. Just certain people right after getting dividend they readjust their portfolio by selling only. Steady man.

Public bank recent price target 3.54, Kenaga 3.56. Confident.

I think BJTOTO should implement an online system that can let people buy toto online, if it's legally and technically feasible. If that happens, I am sure the share price will shoot up.

If BJTOTO absorb GST 6% from customer, and income continue to rise yearly just slower and a simple quick and dirty calculation - Taking away 6% of its total Market Value, let's say the intrinsic value is RM3.50, taking away 6% is just RM3.29, still good if the management maintain the dividend policy (or increase the dividend payout ratio to counter the loss in growth rate) since using dividend growth model, if the expected growth rate is not affected too much, it's still a stock that should see growth in share price every year.

Looking at the audited financial statement of 2015 of BJTOTO, it's has stronger operating income, cash position (although paid a lot of dividend to shareholders) and earn more than last year 2014. Why share price is not better than 2014? Be fair to BJTOTO please. The outlook is not too dim since BJTOTO doesn't suffer from complicated operational issues like other complicated business ventures. Even though GST might hit it since toto buyers will now have lesser disposable income to buy toto, however it's not solely the income source of BJTOTO since it still has foreign exchange and investing income. The dividend policy is still attractive looking at the dividend yield. There's no new competitor to compete with BJTOTO. Only GST. Thinking from other aspect, there might be a portion of people who suffer from GST want to take a luck in BJTOTO and therefore there will be new people buying BJTOTO. It's really not that bad. Give a fair chance for BJTOTO.