the lowest it has achieved so far but the co is making money n maintained good div pay-out. If the div pay-out is increased then u may see some price movement or else stay yo...yo...for a very long term...definitely better than FD or savings.
yes...only VT bought for himself ..last year 17 Mac declared dividend 1 treasury share for 43 held but this year only left with 6.6 mi treasury shares ; so little to be distributed to all the existing shareholders....unless the co continue to buy back or else quite difficult to distribute any shares....
good articles..... 30/01/2015 Malaysia Gaming - NFO - Will wait for better odds 05/01/2015 Kenanga Research - On Our Portfolio - New Portfolios In 2015 29/12/2014 Gaming - A Sector To Love During Bad Times?
Bjtoto EPS growth is conservative around 4%. Projected 5 yrs price around 4.20 n 10 yrs around 5.20, approximately. Plus DY around 0.28/share on average. For long term income investor, this is a outstanding stock. D internet isn't going to change how people buy TOTO!
For earning, create a second source of income. For investment, don't put all eggs in one basket n don't over diversify. Look for company wz consistent n strong upward EPS.
I believe it it's a 75% payout policy, it should be read as "at least 75%". Maxis had been paying dividends in excess of their quarterly EPS for a long time.
This is the sign to buy in! When the people afraid,you must happy to buy in. When the people sapu, u have to leave. This counter will be shoot up soon!
I'm not that concerned with the management as the tycoon himself with his kids have large personal stakes in it. I think the real concern lies with the greedy politicians who would want a slice of the action without assuming any investment, effort or risk.
Gd pm! Inadequate diversification is risky for stock ownership. U only need to select few outstanding stocks, maybe around 20 punch-card! D language of business, is to read annual reports n financial statements, not Playboy!
I believe co keep the profit and use to shares buy back and give it back to us following quarter! Dun worry all! Be confident to robin, if not confident,just sell the shares and leave and never worry anymore.
Actually if you study more carefully, the operating results overall has declined.
A big chunk of the profit comes from RM18m stamp duty refund from aborted listing of trust in Singapore. Then you have this misleading HR Owen whereby revenue (Sales in layman terms) runs into hundreds of millions but profit only RM5m odd, enough to buy some chickenfeed and a few rounds of drinks for QPR players. It's the equivalent of working very hard but small salary at the end of the month. It pumps up the consolidated financial statements with a lot of hot air. This car business profits is difficult to turn to cash (unlike the lottery profits). I'm hoping that if they don't show enough profits in a few quarters then sell at a profit.
Operating expense also went up. Frankly, I'm always suspicious about increases in Op expense in a high profile counter like BToto... if you know what I mean.
On the bright side, with CNY in Feb, we should expect higher profits from gaming (unless HR Owen drags it down).
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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....
limayseng
2,076 posts
Posted by limayseng > 2015-03-12 15:45 | Report Abuse
the lowest it has achieved so far but the co is making money n maintained good div pay-out. If the div pay-out is increased then u may see some price movement or else stay yo...yo...for a very long term...definitely better than FD or savings.