Company Overview and News

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Policy direction could have broader sector impact on NFOs

2018-08-09 theedgemarkets
Number forecast operators (NFOs) Maintain hold: Finance Minister Lim Guan Eng has stated that the government plans to reduce the number of special draws for all number forecast operators (NFOs) beginning 2019. The quantum of reduction was not revealed, although he said the new policy would be announced in Budget 2019 on Nov 2.
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Minimal impact seen from lower special draws for NFOs

2018-08-09 thestar.com.my
“We estimate that every one less special draw will trim our estimates on Berjaya Sports’ and Magnum’s earnings per share (EPS) by only 0.3%,” Maybank IB Research said.
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'Sin stocks' rise as minister says likely to maintain excise duty rates

2018-08-03 theedgemarkets
KUALA LUMPUR (Aug 3): "Sin stocks" listed on the local bourse rose today, following news that there will be likely no hike in excise duty rates in the coming year.
GMALY 1562 4715 GMALF BATS 4162 2836

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Former MD Tan Kok Ping is back at Berjaya Sports Toto as chairman

2018-08-01 theedgemarkets
KUALA LUMPUR (Aug 1): Berjaya Sports Toto Bhd (BToto) has appointed Tan Sri Tan Kok Ping as non-independent and non-executive chairman of the group effective immediately, replacing Cheah Tek Kuang who has resigned.
1562 4219 BSMAF 7087 1818

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NFOs likely to see short-term disruption to ticket sales during World Cup

2018-06-22 thestar.com.my
THE FIFA World Cup season is here. For sports fans, it will be a period of fun and excitement, while for some businesses, such as those operating in the consumer sector, it will be a period of business boom.
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BToto FY18 core net profit within expectations

2018-06-20 theedgemarkets
Berjaya Sports Toto Bhd (June 19, RM2.49) Maintain hold with a higher target price (TP) of RM2.30: Stripping off exceptional items which consist of impairments for certain available-for-sale investments (RM16 million), and goodwill relating to its Philippine subsidiary, Philippine Gaming Management Corp (PGMC) totalling RM11 million, BToto reported a core net profit of RM62 million (-11% year-on-year [y-o-y], +5% quarter-on-quarter [q-o-q]) in the fourth quarter of its financial year ended April 30, 2018 (4QFY18).
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BToto lower after fall in Q4 profit

2018-06-20 thestar.com.my
The group had attributed the decline in its net profit to impairment in value for certain available-for-sale investments and goodwill relating to leasing of lottery equipment business in Philippines.
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BToto down 3.2% on weaker 4Q earnings

2018-06-19 theedgemarkets
KUALA LUMPUR (June 19): Shares in Berjaya Sports Toto Bhd (BToto) fell as much as eight sen or 3.2% to RM2.45 within the first hour of trading today, tracking the company's fourth quarter results released post market hours on Monday (June 18).
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BToto shares lower after earnings decline

2018-06-19 thestar.com.my
KUALA LUMPUR: Berjaya Sports Toto Bhd (BToto) shares fell on Tuesday after the number forecast operator announced its earnings more than halved in the recent quarter.
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Trading ideas: MPCorp, BToto, Cahya Mata

2018-06-19 thestar.com.my
KUALA LUMPUR: JF Apex Research expects Malaysia Pacific Corp Bhd , Berjaya Sports Toto Bhd and Cahya Mata Sarawak to generate trading interest following their latest news.
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PublicInvest Research downgrades BJToto, lowers target price to RM2.62

2018-06-19 theedgemarkets
KUALA LUMPUR (June 19): PublicInvest Research has downgraded Berjaya Sports Toto Bhd (Btoto) to “Neutral” at RM2.53 with a lower target price of RM2.62 (from RM2.98) after Btoto reported a 51.5% decline in 4QFY18 net profit to RM35.2 million while FY18 net profit was flattish at RM230.5 million.
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Berjaya Sports Toto Q4 profit falls 51%

2018-06-19 thestar.com.my
For the full year, BToto’s net profit fell 2.8% to RM230.45mil from RM237.13 mil in the financial year ended April 30, 2017, while its EPS slid to 17.11 sen from 17.59 sen previously.
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KLCI likely to extend loss as U.S.-China trade spat continues

2018-06-18 theedgemarkets
KUALA LUMPUR (June 19): The FBM KLCI is likely to extend its losses today as the U.S.-China trade spat continues with no immediate solution in sight.
2852 1562 0095 7123

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Y&G, XingHe, MPCorp, BToto, Priceworth and CMS

2018-06-18 theedgemarkets
KUALA LUMPUR (June 18): Based on corporate announcements and news flow today, companies in focus on Monday (June 19) may include: Y&G Corp Bhd, XingHe Holdings Bhd, Malaysia Pacific Corporation Bhd, Berjaya Sports Toto Bhd, Priceworth International Bhd and Cahya Mata Sarawak Bhd.
2852 1562 0095 7123

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BToto 4Q earnings more than halves, pays 4 sen dividend

2018-06-18 theedgemarkets
KUALA LUMPUR (June 18): Number forecast operator (NFO) Berjaya Sports Toto Bhd’s (BToto) net profit more than halved to RM35.18 million in the fourth quarter ended April 30, 2018 (4QFY18), from RM72.49 million a year ago, due to impairment in value of available-for-sales quoted investments and goodwill on leasing of lottery equipment business in the Philippines.
1562 BSMAF 1818

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