Because all number forecasting businesses are dying and sunset businesses. Pool of customers are getting smaller, not bigger or growing, and yet have to compete with illegal operators. Illegal operators offer all kinds of conveniences such as home delivery, sms order, additional prize monies, good after sale services, etc.
Sorry, stockmanmy, what I was trying to say was that younger generations are living with so many products or services that started i, such as iphone, ipad, ipod, internet, blah blah.....
Compared to old days when buying 4D is one of the people daily activities, now younger generation have too many entertainment to go about, some even prefer to go for online gambling, rather have to wait for one or few days.
Possible reason.....BJtoto dividends payout in cash was 16.5 cents or DY 5.6% at current share price. BJCorp's finance costs stood at RM 303 million or equivalent to 4.1% for the past 9 months. It's a wise move to dispose some of its stakes to pare down the borrowings since interest rates are expecting to rise in the near future. I don't know the interest rate for BJCorp's loan but certainly on the rising trend witness from the upsurge in FD savings rate offering by banks recently.
New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
MQ Trader 4330 views | 4 d ago
0:17
New IPO: The largest mini-market player and a leading groceries retailer in Malaysia, 99 Speed Mart Retail Holdings Bhd aims to list on the Main Market!
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
moneySIFU
5,862 posts
Posted by moneySIFU > 2016-06-11 14:38 | Report Abuse
Because all number forecasting businesses are dying and sunset businesses. Pool of customers are getting smaller, not bigger or growing, and yet have to compete with illegal operators. Illegal operators offer all kinds of conveniences such as home delivery, sms order, additional prize monies, good after sale services, etc.