SPORTS TOTO BERHAD

KLSE (MYR): SPTOTO (1562)

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Last Price

1.45

Today's Change

-0.01 (0.68%)

Day's Change

1.45 - 1.47

Trading Volume

141,300


7 people like this.

3,912 comment(s). Last comment by TomYam 3 weeks ago

speakup

27,075 posts

Posted by speakup > 2024-03-11 07:45 | Report Abuse

last time Batikman wanted sell Sptoto but VT rejected, so they parted ways.
Time has proven that Batikman was right after all

hongwan6

22 posts

Posted by hongwan6 > 2024-04-01 09:54 | Report Abuse

closing in perlis

hongwan6

22 posts

Posted by hongwan6 > 2024-04-01 09:54 | Report Abuse

closing kedah😅

Vicky

1,596 posts

Posted by Vicky > 2024-04-02 09:38 | Report Abuse

Sunset industry for gaming in Malaysia.

speakup

27,075 posts

Posted by speakup > 2024-04-02 10:28 | Report Abuse

All blame on pmx 😡

Vicky

1,596 posts

Posted by Vicky > 2024-04-17 17:05 | Report Abuse

Tomorrow will touch 1.36 and further down towards 1.26. Indeed this is a sunset industry. Dun worry PMX does not need income from gaming like SPTOTO or Magnum but instead cut oil subsidy soon in 2024 to compensate the loss income. Smart PMX.

Eric Lim

508 posts

Posted by Eric Lim > 2024-04-18 11:38 | Report Abuse

you think toto only do business in Malaysia ?

speakup

27,075 posts

Posted by speakup > 2024-04-18 12:38 | Report Abuse

Lottery in Malaysia & Philippines
Car dealer in UK

Vicky

1,596 posts

Posted by Vicky > 2024-04-24 12:08 | Report Abuse

On the course of down trend. Waiting for next level 1.26

Posted by cooledhawk123654 > 2024-05-20 12:12 | Report Abuse

why up so much today

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-05-20 14:15 | Report Abuse

Bull market. Multi-decade low. Business stands to benefit from bull market, better economy, higher disposable income, notwitstanding state bans, online gaming competition and other threats. A few years ago, the fall is justifiable particularly during Covid, but the past 2 years, the fall is over-done, and it's just snapping back up. In a bull run, market participants who haven't got positions a feeling the FOMO effect, and SPTOTO is one of the laggards which haven't moved up much yet, hence, today's big move. My conservative target is around RM2 before FYE2025 and it might get there much sooner.

I am already fully positioned since mid last year near 1.32. My average entry price is 1.53 and including dividends is 1.40. It pays a nice 6% dividend yield and if the economy improves, it can easily continue to hold this high dividend yield, even without any price gains.

I blogged about this stock here with charts.

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-05-20 14:18 | Report Abuse

I don't think gaming is a sunset industry but very much linked to the economy and disposable income. I also don't think online gaming is a permanent threat but a temporary threat, as the barriers to entry to online gaming is low.

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-05-20 14:19 | Report Abuse

In a bull run and a better economy with greater disposable income, the banned states will rethink very hard about the tax revenues lost. It might not be a permanent ban.

purple70

269 posts

Posted by purple70 > 2024-05-20 15:21 | Report Abuse

Cant think of any real reason, except good results and / or online betting approved, which will shave off cost n close off agencies!

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-05-20 17:50 | Report Abuse

Nice strong close. +7.48%. Thanks to SPTOTO and 24 other greens to offset reds, the portfolio prints a new all time high water mark again for the 10th time this month. Thank-you Mr Market!

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-05-20 17:54 | Report Abuse

Btw, substantial shareholders have been buying the stock several times this month too. They must think SPTOTO has value.

DividendGuy67

1,120 posts

Posted by DividendGuy67 > 2024-05-24 03:39 | Report Abuse

Today, reported substantial shareholders buy again.
Today, reported that some operators are suing Perlis State Government for banning, claiming it is outside their jurisdiction. If they win, the stock price will revalue.
SPTOTO 9 sen DPS is around 55% payout ratio i.e. not stretched. 9 sen is close to 6% dividend yield. Downside risks are low. Worst case, if maintain 9 sen forever (unlikely, more likely to grow), it already beats EPF and FD.
Upside is clearly higher odds over next 5, 10 years. That much is clear for me.

dompeilee

11,888 posts

Posted by dompeilee > 2024-05-27 09:12 | Report Abuse

Added more SPToto @ $1.58, bringing my holdings to 15,484 shares.

1288Go

196 posts

Posted by 1288Go > 2024-05-27 13:18 | Report Abuse

Hmmm....pump and dump going on now. I am following some of you..

Posted by cooledhawk123654 > 2024-05-31 16:55 | Report Abuse

why btoto sudden shot up??

TomYam

136 posts

Posted by TomYam > 2024-05-31 20:46 | Report Abuse

It's a laggard.

TomYam

136 posts

Posted by TomYam > 2024-05-31 20:54 | Report Abuse

Sports Toto Berhad Declares Third Interim Dividend for Financial Year Ending 30 June 2024, Payable on 19 July 2024
Sports Toto Berhad has declared a third interim
dividend of 3.0 sen per share (Financial year
2023: third interim dividend of 2.0 sen per share)in respect of financial year ending 30 June 2024 and payable on 19 July 2024. The entitlement date has been fixed on 28 June 2024.

TomYam

136 posts

Posted by TomYam > 2024-05-31 20:55 | Report Abuse

Third quarter 2024 results:
• EPS: RMO.051 (up from RM0.017 in 3Q
2023).
• Revenue: RM1.69b (up 2.4% from 3Q
2023).
• Net income: RM68.5m (up 195% from 3Q
2023).
• Profit margin: 4.0% (up from 1.4% in 30
2023).
Revenue is forecast to stay flat during the next 3 years compared to a 4.4% growth forecast for the Hospitality industry in Malaysia.
Over the last 3 years on average, earnings per
share has increased by 22% per year but the
company's share price has fallen by 8% per year, which means it is significantly lagging earnings.

sephiroth

14,145 posts

Posted by sephiroth > 2024-06-03 08:25 | Report Abuse

Many counters like sptoto, ioipg bimb, affin etc shot up 5 to 10 sen at 4.50pm due fund manager rebalance position due msci global small cap index (which also include big cap,) adjustment which take place after 31 May

sephiroth

14,145 posts

Posted by sephiroth > 2024-06-03 08:44 | Report Abuse

On Tues, the opening price will revert back to the price before 4.50pm

dompeilee

11,888 posts

Posted by dompeilee > 2024-06-18 09:49 | Report Abuse

Bought MORE SPToto @ the $1.55 open, increasing my stake to over 16,200 shares & bringing my cost down further below the $2 mark broken 3 weeks ago!

GS

287 posts

Posted by GS > 2024-07-09 06:58 | Report Abuse

Today Sin Chew headline saying Kedah's failure to renew NFO license is unconstitutional, 3 NFO representatives win the case?

Nepo

3,433 posts

Posted by Nepo > 2024-07-09 15:04 | Report Abuse

correct NFO win the case and state govt need to pay compensation..

step5509

11 posts

Posted by step5509 > 2024-07-10 11:22 | Report Abuse

state goverment appeal in higher court... long battle

Vicky

1,596 posts

Posted by Vicky > 2024-07-10 21:16 | Report Abuse

Kasi Zanusi kaw kaw. Kacau NFO for no reason. NFO is also gov revenue. Ban NFO foster illegal gambling. Anyway NFO also not for Malays. So why ban NFO !

speakup

27,075 posts

Posted by speakup > 2024-07-10 21:30 | Report Abuse

No point ban NFO, malays can gamble in Casino De Bursa lah. Nowaday our Bursa already become Casino, why PAS no protest?

sheldon

1,425 posts

Posted by sheldon > 2024-07-11 03:41 | Report Abuse

It's about time that rationality takes over the religious nuts.
We don't need someone telling us this will lead to heaven and that will not. SHOW ME THE EVIDENCE!

dompeilee

11,888 posts

Posted by dompeilee > 2024-07-19 08:36 | Report Abuse

Receiving nearly $500 in dividends today...bringing my total dividend take from Toto since '14 to $5,436.98, not even counting the 2010-2011 dividends that I got from 1,000 shares which I SOLD for a small capital gain in early 2012!

Next tgt is 20,000 shrs, which is almost 5X what I had until 2018.😉

speakup

27,075 posts

Posted by speakup > 2024-07-19 09:21 | Report Abuse

Kaya lah domp

yongyong88

555 posts

Posted by yongyong88 > 2024-08-19 16:11 | Report Abuse

still waiting for dividends gains to surpass paper loss

cK1973

1,965 posts

Posted by cK1973 > 2 months ago | Report Abuse

waiting at 1.35 as EP...
perhaps after dividends....

cK1973

1,965 posts

Posted by cK1973 > 2 months ago | Report Abuse

tunggu kat 1.35.....
after dividends ......
tunggu dulu....

cK1973

1,965 posts

Posted by cK1973 > 2 months ago | Report Abuse

still waiting at 1.35....
possible??
let's see....

cK1973

1,965 posts

Posted by cK1973 > 2 months ago | Report Abuse

wait ....
same EP 1.35....

speakup

27,075 posts

Posted by speakup > 1 month ago | Report Abuse

VT should rotate CEO around his berjaya companies. Some non performing CEO should in charge of good company to see whether they non perform is because company or them. Some good CEO should in charge of bad companies to see whether they can turn around bad company.

cK1973

1,965 posts

Posted by cK1973 > 1 month ago | Report Abuse

same, still waiting at 1.35....

sheldon

1,425 posts

Posted by sheldon > 1 month ago | Report Abuse

Now even UAE is moving into casinos. Gaming no longer taboo. Money talks.
https://thenevadaindependent.com/article/gambling-has-long-been-taboo-in-islamic-countries-now-analysts-see-uae-as-the-next-vegas

Income

12,507 posts

Posted by Income > 1 month ago | Report Abuse

ST baguskah?

Income

12,507 posts

Posted by Income > 1 month ago | Report Abuse

Betting big or small?

Good123

26,681 posts

Posted by Good123 > 1 month ago | Report Abuse

The relationship between Berjaya Assets Bhd (BJAssets) and Sports Toto Bhd (formerly known as Berjaya Sports Toto) has potential for strategic collaboration or synergy, particularly due to their overlapping interests in the gaming and property sectors. Both companies are part of the Berjaya Group, controlled by prominent Malaysian tycoon Tan Sri Vincent Tan, which increases the likelihood of cooperation or potential restructuring.

Opportunities for Collaboration or Merger:

1. Gaming Synergies: BJAssets, which owns Berjaya Times Square and has gaming assets, might explore closer ties with Sports Toto given the shared focus on the gaming industry. A merger or partnership could consolidate their gaming operations, leading to cost efficiencies, broader market reach, and a unified platform to tap into gaming-related revenue streams like special draws or future digital gaming ventures.
2. Property and Real Estate Development: Sports Toto has a strong cash flow from its gaming business, while BJAssets has significant assets in property development and investment. If these companies explore a merger or joint venture, the combined financial strength could lead to further development of gaming-centric properties (e.g., entertainment hubs, integrated resorts), potentially increasing footfall for both retail and gaming services.
3. Cross-Marketing and Branding: As both are part of the Berjaya Group, cross-marketing could benefit both brands. For example, Sports Toto could collaborate with BJAssets properties for promotions or events, leveraging BJAssets’ prime real estate like Berjaya Times Square to attract customers.
4. Potential Merger: While there is no specific news or official statement on a merger between BJAssets and Sports Toto, it’s feasible given their shared ownership structure and overlapping interests. A merger could streamline operations and maximize the value of their combined gaming, property, and retail assets.

Overall, while no specific plans for a merger have been announced publicly, the shared ownership and potential for synergies between BJAssets and Sports Toto make future collaboration or corporate restructuring a possibility.

Good123

26,681 posts

Posted by Good123 > 1 month ago | Report Abuse

A merger between BJ Asset Bhd and Sport Toto could be theoretically possible given that both companies operate within the gambling industry. However, several factors would influence the feasibility and implications of such a merger:

1. **Regulatory Approval**: The gambling industry is heavily regulated in Malaysia. Any merger would require approval from relevant regulatory bodies, such as the Ministry of Finance and gaming authorities. Compliance with legal requirements and regulations would be critical.

2. **Strategic Fit**: The two companies would need to assess how well their operations, markets, and corporate cultures align. A merger could offer synergies, such as expanded market reach or combined resources, but they would need to ensure that their business models complement each other.

3. **Market Competition**: A merger could potentially reduce competition in the gambling sector, which might attract scrutiny from regulators concerned about monopolistic practices. The companies would need to demonstrate that the merger would benefit consumers and the market overall.

4. **Financial Considerations**: The financial health of both companies would be a significant factor. They would need to evaluate their valuations, potential cost savings, and revenue growth opportunities post-merger.

5. **Public Perception**: The merger might face public scrutiny, especially considering the sensitive nature of the gambling industry. The companies would need to manage their public relations effectively to mitigate any negative perceptions.

6. **Integration Challenges**: Merging two organizations can be complex. Issues related to integrating systems, processes, and cultures would need to be addressed to ensure a smooth transition.

In summary, while a merger between BJ Asset Bhd and Sport Toto is possible given their shared industry focus, it would require careful consideration of regulatory, strategic, financial, and operational factors to ensure its success.

Good123

26,681 posts

Posted by Good123 > 1 month ago | Report Abuse

Consolidating Vincent Tan's gambling businesses, particularly SPToto and BJ Assets, could offer several advantages:

1. **Operational Efficiency**: By merging operations, there can be a reduction in overhead costs. Streamlining processes and resources can lead to improved profitability.

2. **Brand Strengthening**: A unified brand can enhance recognition and customer loyalty. It simplifies the marketing strategy and can lead to a stronger market presence.

3. **Regulatory Compliance**: Consolidation may make it easier to navigate regulatory requirements by having a single entity focused on compliance, which can reduce legal risks.

4. **Diversified Offerings**: Combining the strengths of both companies could lead to a broader range of products and services, attracting a wider customer base.

5. **Economies of Scale**: Merging operations can create economies of scale, allowing for better negotiating power with suppliers and reducing costs.

6. **Innovation and Investment**: A consolidated entity may have more resources to invest in technology and innovation, keeping pace with industry trends and enhancing the customer experience.

7. **Focus on Core Competencies**: Consolidation allows the company to focus on its core competencies, improving overall performance and strategic alignment.

In summary, consolidating SPToto and BJ Assets could lead to enhanced efficiency, stronger branding, better compliance, diversified offerings, cost savings, innovation potential, and a more focused strategic approach.

sheldon

1,425 posts

Posted by sheldon > 4 weeks ago | Report Abuse

Merger will be bad for Sports Toto.

The cash cow in Berjaya group is Sports Toto. Berjaya Assets on the other hand is filled with underperforming rubbish. If you mix them up then what do I call my investment? I want a pure gaming exposure. As it stands now we have to tolerate car business in this mix. A merger will worsen the situation.

TomYam

136 posts

Posted by TomYam > 3 weeks ago | Report Abuse

Full year 2024 earnings: EPS and revenues exceed analyst expectations
Full year 2024 results:
EPS: RM0.16 (down from RM0.17 in FY 2023).
Revenue: RM6.36b (up 4.2% from FY 2023).
Net income: RM218.0m (down 3.3% from FY 2023).
Profit margin: 3.4% (down from 3.7% in FY 2023). The decrease in margin was driven by higher expenses.
Revenue exceeded analyst estimates by 5.5%. Earnings per share (EPS) also surpassed analyst estimates by 11%.

Revenue is forecast to grow 2.6% p.a. on average during the next 3 years, compared to a 4.1% growth forecast for the Hospitality industry in Malaysia.

Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings.

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