Posted by jpleow > 2013-12-10 19:13 | Report Abuse

More good news:

Vincent Tan also bought directly today
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1488493

Robin Tan Yeong Ching also bought today
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1488541

Also shares buy back today
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1488525

Posted by LIAU SAN > 2013-12-10 22:47 | Report Abuse

Share price will stay above 4.00 +...

Posted by hng33 > 2013-12-11 09:37 | Report Abuse

Agreed, Vincent Tan (father) + Robin Tan (son, CEO) + share buyback, all take action, buyback share from open market

Posted by jpleow > 2013-12-11 12:27 | Report Abuse

Fierce battle at RM3.98. It seems like big fish(s) is continuously queuing to sell at 3.98 & another big fish (Vincent Tan & associate?) is buying at 3.98.

Posted by alenac > 2013-12-11 12:43 | Report Abuse

Don't think so. It's more likely a mob up of all weak retailers before this counter move up. So funds are slowly buying in which they have disposed earlier due to the proposed business trusts. All brokerage are calling for buy.

Posted by hng33 > 2013-12-11 17:06 | Report Abuse

I think aside Vincent Tan acquisition, BJtoto own share buyback may also took action today

Posted by hng33 > 2013-12-11 17:42 | Report Abuse

Bjtoto buyback 1 million share, about 25% of today total volume trade, range 3.97-4.01

Posted by member41 > 2013-12-11 17:54 | Report Abuse

normally dec there's a dividend... anything yet?

Posted by jpleow > 2013-12-11 19:48 | Report Abuse

Usually when they announced a quarterly report, they announced a dividend. Oct 13 Report coming soon.

Posted by pop8872 > 2013-12-11 20:17 | Report Abuse

but normally after a divident payout, the price will fall again right? newbie here

Posted by member41 > 2013-12-11 21:20 | Report Abuse

Will fall by dividend amount. But subsequently usually climb back.

Posted by faberlicious > 2013-12-12 10:54 | Report Abuse

bought more @3.97.Waiting for dividends.

Posted by jpleow > 2013-12-12 11:37 | Report Abuse

The price will rise after they announce a dividend. After Ex, the price will adjust down. The best time to buy is before the dividend announcement. Best is to buy then hold for long term to collect dividends.

Last 2 quarters, they paid less dividend since they need to conserve cash for STM Trust listing. If withdraw too much cash from STM, the balance sheet will be bad for listing approval. Now that STM listing is cancelled, they may pay more dividends. Last financial year they paid out 28 sen TE. If same this FY, at RM4, the div yield will be 7%!

This stock is for long term investor, not for speculators who are looking for short term fast money.

Posted by jpleow > 2013-12-12 11:37 | Report Abuse

Repost from the past:
==========================================================
Posted by jpleow > Aug 18, 2013 05:32 PM

For a high dividend yield stock like BjToto, you need to consider the dividends given in the past when looking at the current price.

Usually the price goes up before the dividends Ex then it will be adjusted down for the dividends given.

I just like to give you a clue of what is the 'real' price of BjToto after you add back all the previous dividends:

Let’s consider dividends given in about 4 years:

Ex date, net divd (RM) or share divd:

16/7/13, 0.04
12/4/13, 0.08
15/1/13, 1:45 share divd
5/10/12, 0.065
19/7/12, 0.05
9/4/12, 0.06
4/1/12, 0.08
6/10/11, 0.08
8/7/11, 0.03
21/4/11, 0.06
14/1/11, 0.04
6/10/10, 0.08
2/7/10, 0.08
13/7/09, 0.11 + 0.19 + 1:14 share divd

Based on 16/8/13 closing price of RM4.20,
The 'real' price =
4.20*(46/45)*(15/14)+(0.04+0.08+0.065+0.05+0.06+0.08+0.08+0.03+0.06+0.04+0.08+0.08+0.08+0.30) = RM5.725

Posted by faberlicious > 2013-12-12 12:09 | Report Abuse

jpleow,thanks for the calculation. But I don't understand this part (4.20*(46/45)*(15/14).Can u elaborate.

Posted by faberlicious > 2013-12-12 12:15 | Report Abuse

Looks like buying support at 3.96-3.98.Could be Vincent Tan and company sbb.

Posted by jpleow > 2013-12-12 12:37 | Report Abuse

For shares dividend or bonus:
Eg, if give 1 bonus share for existing 2 shares, the Ex price is:

Px = P * 2/(2 + 1),
where P is the price before Ex, Px is the price after Ex.

After it is Ex, to calc back the price before Ex:

P = Px * (2+1)/2.

Eg Price before Ex, P = RM3,
After Ex, Px = 3 * 2/3 = 2.00

Caculate backward, P = 2*3/2 = 3.00

For shares dividend of 1 new share for every 45 shares:
P = Px * (45+1)/45.

Similar for shares dividend of 1 new share for every 14 shares.

For 2 shares dividends together, it would be:
P = Pxx * (45+1)/45 * (14+1)/14
where Pxx is the price after both dividends Ex.

Posted by smallboy > 2013-12-12 12:46 | Report Abuse

Jpleow the quarterly report for october must be announce b4 december right?

Posted by jpleow > 2013-12-12 12:53 | Report Abuse

Yes, Bursa rule is to be announced within 2 months from financial period end. For 31/10/13 quarter end, it must be announced by 31st Dec. However, they usually announced earlier, usually around middle of the month where it is due.

Posted by smallboy > 2013-12-12 12:59 | Report Abuse

ok thanks! Would consider it for the dividends! Haha

Posted by hng33 > 2013-12-12 13:01 | Report Abuse

Bought even more Bjtoto today at 3.97

Posted by smallboy > 2013-12-12 15:03 | Report Abuse

I bought 10lot... Hope the dividend announce tmr...juz keep for few weeks...

Posted by faberlicious > 2013-12-13 08:03 | Report Abuse

VT and sbb were M.I.A. yesterday.Hope qtrly report comes out today.

Posted by miketyu > 2013-12-13 12:04 | Report Abuse

drop furthermore. any bad news?

Posted by member41 > 2013-12-13 12:06 | Report Abuse

magnum drop alot also... any correlation?

Posted by faberlicious > 2013-12-13 12:44 | Report Abuse

member41,yeah i notice.Don't think so.Anyway,please sell more so that I can collect more at 3.88-3.90...yummy.

Posted by Alvin Lim > 2013-12-13 15:44 | Report Abuse

Something is wrong with the share price. Anybody can advise?

Posted by smalltimer > 2013-12-13 16:05 | Report Abuse

i need to change my underwear....its wet from sweating

Posted by hng33 > 2013-12-13 17:32 | Report Abuse

Robin Tan, son of Vincent Tan, CEO of bjtoto keep buy share though at small volume.

Posted by hng33 > 2013-12-13 17:39 | Report Abuse

Vincent Tan also busy buyback even more share

Posted by smallboy > 2013-12-13 18:05 | Report Abuse

Propose divident liao

Posted by Firebird > 2013-12-13 18:10 | Report Abuse

Second Interim single tier exempt 6 sens, ex 9/1/14

Posted by faberlicious > 2013-12-13 18:18 | Report Abuse

I can almost hear the relief lol.rebound Monday.

Posted by hng33 > 2013-12-13 19:22 | Report Abuse

The decrease in profit mainly due to the corporate exercise expenses incurred pursuant to the proposed listing of STM Trust (which was aborted) in the current quarter under review

Posted by member41 > 2013-12-13 19:23 | Report Abuse

6c is good. Bjtoto back to normal. :)

Posted by smallboy > 2013-12-13 19:23 | Report Abuse

Actually i hope for 8sen..becuz last 2 quarter only 4sen :P

Posted by KinSoon Kok > 2013-12-13 19:34 | Report Abuse

After so many promises and change of plan all we get is 6cent. Don't we deserve special dividend?

Posted by tingalfred > 2013-12-13 19:51 | Report Abuse

yes, SPECIAL pls.

Posted by smallboy > 2013-12-13 19:53 | Report Abuse

Hope will raise back to 4.10...

Posted by tingalfred > 2013-12-13 20:04 | Report Abuse

Yahoo TOTO

Posted by hng33 > 2013-12-13 22:10 | Report Abuse

BJtoto will able to declare 100% of its net profit as dividend. Based on 1 half financial result, EPS is 13sen, but only declare first interim 4sen and current second interim 6 sen dividend. The second half financial will be much stronger and lets assume same EPS record as last year, give rise to total EPS = 28sen, the subsequent third and fourth dividend will need to play catch up to match its 100% payout by declare at least 10sen each, give rise to total 4sen (Q1) + 6sen (Q2) + 9sen (Q3) + 9sen (Q4) = 28sen, equipment to 7% net yield

Posted by tingalfred > 2013-12-14 10:33 | Report Abuse

YES to TOTO

Posted by KinSoon Kok > 2013-12-14 16:10 | Report Abuse

Hng33, where did I u get the infor. As I know toto dividen policy is 75%.

Posted by smallboy > 2013-12-14 16:14 | Report Abuse

toto please rebound ~~~ i want sell u and buy others potential stock ~! 4.2 enuf

Posted by tingalfred > 2013-12-14 21:26 | Report Abuse

BUY BUY BUY YAHOO.................

Posted by jpleow > 2013-12-15 13:54 | Report Abuse

From 2013 Annual Report, pg 7:
"The dividend distribution is consistent with BToto’s dividend
policy of distributing at least 75% of its Group’s annual net
earnings to shareholders. BToto will continue to maintain its
75% dividend policy subject to factors such as availability of
distributable reserves as well as the Group’s cash flow
requirements."

The dividend policy is at least 75% of net earnings. But they paid out more than that in the last 3 FY (including value of share dividend):
FY, DPS(sen), EPS(sen), Payout ratio (%):
2013, 28, 29.43, 95.1%
2012, 27, 30.37, 88.9%
2011, 21, 26.15, 80.3%

Posted by bigbuyer > 2013-12-16 10:00 | Report Abuse

If vt pum in the casino project at johor then bjtoto sure up

Posted by hng33 > 2013-12-16 12:22 | Report Abuse

Cut loss at 3.89

Posted by hng33 > 2013-12-16 12:24 | Report Abuse

Cut loss BJtoto, swap to buy more YTLP-WB at 66.5-67sen, hope to recoup my loss...

Posted by armadasaxon > 2013-12-16 12:34 | Report Abuse

he give more but drop even more..don't be fooled..