Posted by Biker2b > 2017-10-09 10:50 | Report Abuse

What's the logic for this ? Total Executive Director remuneration increased by 37% y-o-y (from RM6.372mil in 2016 to RM8.77mil in 2017), but for the same period :
a. Profit Before Tax reduced by 16%
b. Dividend reduced by 26%

What makes the Exec Directors deserved higher salaries, emoluments & bonus if performance of the company is worsening ?

Posted by 93126668 > 2017-10-10 12:42 | Report Abuse

Malaysian gaming sector could see a turnaround
http://www.thestar.com.my/business/business-news/2017/10/10/malaysian-gaming-sector-could-see-positive-turnaround/

Good news wor...also drop

Posted by Biker2b > 2017-10-10 16:14 | Report Abuse

Let see what the management got to share at AGM tomorrow.

Posted by samk > 2017-10-10 17:30 | Report Abuse

the police have successfully closed down 90 percent of the gambling dens in Malaysia.. when it was at their peak there were more than 20,000 gambling dens together,, thats more than mcdonald , KFC pizza hut Startbuck 7-11 etc combined.. im pretty sure they will not open back in 1-2 years time cos most of the dens stop renewing their contract for the shoplots... all those legal gaming sector will benefits from this in the long run .. gamblers will always gamble

Posted by gongxifacai > 2017-10-11 10:12 | Report Abuse

True, gamblers will always gamble no matter what. I gonna hold this counter for long period of time. I pretty sure is a good invest for long term run.

Posted by freddiehero > 2017-10-11 10:18 | Report Abuse

how the deviden?

Posted by gongxifacai > 2017-10-11 10:56 | Report Abuse

@freddiehero 4 sen dividend which already expire on 06 October, payment date 24 October. Wait money enter my account

Posted by Biker2b > 2017-10-11 15:20 | Report Abuse

Disappointed with the Board at AGM today. Year-in-year-out blaming illegal gambling for the poor results.

Posted by smartly > 2017-10-11 15:24 | Report Abuse

illegal gambling.....GST the most... :(

Posted by gongxifacai > 2017-10-11 17:12 | Report Abuse

Illegal gambling will always be there. the best way to reduce illegal gambling is government allow gamblers to bet online.

Posted by kahhoeng > 2017-10-11 18:20 | Report Abuse

any mention about the Vietnam Toto and its contribution towards BJToto? Thanks...

Posted by TakeProfits > 2017-10-12 11:08 | Report Abuse

Directors all buaya...take more themselves. Should give more to shareholders..

Posted by samk > 2017-10-12 14:38 | Report Abuse

its impossible to stop illegal gambling in malaysia..u can only reduce it .. but there is no illegal betting for Lotto/Jackpots in Malaysia and Vietnam as the price payout is too big for the bookies to pay and the gamblers dont feel secure to bet with the illegal bookies..there are at least 3-4 jackpot winners every month in Vietnam... the tickets is selling like hot cakes,,,the revenues for Lotto will keep increase for the coming 5-10 years ... its a very smart move by VT by placing 80/20 ration to Bjcorp and BJtoto .. and for the reminder...more Lotto/Jackpot payout means more revenue

Posted by samk > 2017-10-12 14:39 | Report Abuse

http://english.vietnamnet.vn/fms/business/165618/vietlott-dismisses-rumour-of-being-unable-to-pay-out-jackpot.html

FYI

Posted by Biker2b > 2017-10-12 16:24 | Report Abuse

@kahhoeng, according to the board during AGM, contribution from Berjaya GTI will be small given it's early operation and BJTOTO's effective equity stake of only about 10%.

Posted by Biker2b > 2017-10-12 16:35 | Report Abuse

Positive takeaway from BJTOTO AGM :
1. Management will offer online platform similar like dmcGo
2. Lotte (non-4D) sales enjoyed about 5% growth y-o-y
3. Management will focus on NFO as core and potentially divest HR Owen & other non core investments

Posted by 2721 > 2017-10-12 19:13 | Report Abuse

when will the online platform be ready?

Posted by billionaire88 > 2017-10-12 20:32 | Report Abuse

Biker2b: Positive takeaway from BJTOTO AGM :
1. Management will offer online platform similar like dmcGo
2. Lotte (non-4D) sales enjoyed about 5% growth y-o-y
3. Management will focus on NFO as core and potentially divest HR Owen & other non core investments

This is good news. I like what was said. It's time to accumulate BJToto!

Posted by kahhoeng > 2017-10-12 23:56 | Report Abuse

Biker2b, thanks. Its indeed crazy for BJToto to invest in non core, particularly HR Owen...

Posted by sheldon > 2017-10-13 16:36 | Report Abuse

Agreed that HR Owen is an odd and non-compatible investment

Posted by shpg22 > 2017-10-13 16:43 | Report Abuse

All the while i thot the online platform is not allowed by the gov. Its seems like d management is sleeping.

Posted by billionaire88 > 2017-10-13 17:13 | Report Abuse

Happy to get 5 lots at 2.38 today. Will continue to accumulate.

Posted by gongxifacai > 2017-10-13 20:39 | Report Abuse

@billionaire88 bjtoto is a good counter. good for you to get at RM 2.38. My target price for bjtoto will be RM 2.80

Posted by Biker2b > 2017-10-16 12:37 | Report Abuse

BJTOTO needs to focus on NFO and spin-off Berjaya Philippines Inc (BPI). BPI is root cause of all non-core distraction by holding equity interests in : luxury car dealership in UK, hotel/Papa John's Pizza/ Mazda & Ssangyong cars dealership in Philippines.

These should belongs to Berjaya Auto, Berjaya Land & Berjaya Food.

Posted by geary > 2017-10-16 18:54 | Report Abuse

Buying Power...!!!
http://www.klsescreener.com/v2/news/view/293631

Posted by geary > 2017-10-16 19:25 | Report Abuse

Uptrending...!!! http://www.malaysiastock.biz/Stock-Chart.aspx?securitycode=1562&mode=D

Posted by jackng06 > 2017-10-16 20:04 | Report Abuse

TP 2.7

Posted by ashrelniko > 2017-10-17 12:44 | Report Abuse

Positive takeaway from BJTOTO AGM :
1. Management will offer online platform similar like dmcGo
2. Lotte (non-4D) sales enjoyed about 5% growth y-o-y
3. Management will focus on NFO as core and potentially divest HR Owen & other non core investments

Are these statements confirmed? i cant find them on any research reports other than on this forum. Really hope they can refocus themselves on the core business.

Posted by Biker2b > 2017-10-17 15:12 | Report Abuse

They didn't attend AGM :)

Posted by geary > 2017-10-19 00:11 | Report Abuse

Lotto 6/50...!!! http://www.freemalaysiatoday.com/category/nation/2017/10/17/sports-toto-introduces-new-star-toto-650/

Posted by Biker2b > 2017-10-19 12:26 | Report Abuse

Introducing new game is good but why retiring another ? Isn't it more offerings better for sales & profit?

Posted by sheldon > 2017-10-19 13:30 | Report Abuse

Biker2b Introducing new game is good but why .... Too many games will canabalise each other. Punters pockets are limited. Also I think replacement of existing game is easier to obtain approval as compared to approving an additional one.

Posted by limkokthye > 2017-10-21 11:07 | Report Abuse

STAR 6/50 , vt want more ppl die, set many new games

Posted by johnyeoyeo > 2017-10-21 16:45 | Report Abuse

welcome star 6/50

Posted by Hoe Weng > 2017-10-21 17:18 | Report Abuse

Banker is inside, more to come in this counter, higher high higher low is forming. Once trend confirmation, this counter will attract more investors and traders. Monday going to break previous higher high, as new star toto 6/50 starting from this saturday, 21/10/2017. This QR might be very excited as it might show either the public is interest or not interest on this lotto games as the punters are able to play the game at a very low cost which stands a higher chance of winning.

Posted by Superb99 > 2017-10-24 23:08 | Report Abuse

very slow....hard to break 2.5.....Vincent tan sleeping ar

Posted by Biker2b > 2017-10-25 15:29 | Report Abuse

A good read from Canadian Gaming Business archives about trend and challenges in lottery business in Canada, which to some extend applicable to here as well..

http://www.canadiangamingbusiness.com/Trendsandchallengesinthelotterybusiness.aspx

“We can continue along the same path because it has been a safe and successful one but I believe maintaining the status quo is the last thing we should be doing,” says Lightbody. Any business that does not innovate and adapt will not prosper and that includes the lottery business.

Posted by Yong Chun Wah > 2017-10-25 21:02 | Report Abuse

I think BToto will buy the gaming biz of bjassets as bjassets to become shariah compliant share

No game changer

Meanwhile, the increase in BAasset’s stake in the Sarawak NFO business is not expected to be a game changer for the group.

After all, the NFO market in Malaysia will likely remain sluggish over the medium term because of the prevailing weak consumer sentiment in the country.

Over the week, BAssets through its subsidiary Tropicfair Sdn Bhd (TSB) entered into a share sale agreement yesterday to acquire the remaining 50% stake, or 3.5 million shares, in Megaquest for a cash consideration of RM108mil, or RM30.81 per share, from Violet Circle Sdn Bhd (V-Circle).

The deal will enable BAssets to raise its effective stake in Natural Avenue Sdn Bhd (NASB) - the exclusive licensed agent for Sarawak Turf Club’s Special Cash Sweep Number Forecast Lotteries to conduct the 1+3D Big/Small and 3D Big games in Sarawak – from 65% to 100% upon completion of the proposed acquistion in the next six months.

The Megaquest group has a 70% stake in NASB, while the remaining 30% stake in NASB is directly held by three other wholly owned subsidiaries of BAssets.

Duta Yap and his son Yap Wee Sean are among the directors of Megaquest, which is a 50:50 JV between TSB and V-Circle. V-Circle, on the other hand, is jointly owned by Duta Yap’s wife Puan Sri Leong Li Nar and son Yap Wee Chun.

“The deal can help boost earnings for BAssets, but we do not think it will be significant mainly because NASB itself is already experiencing shrinking earnings amid a challenging market,” an analyst says.

“BAssets itself has conceded that the rampant illegal gaming in Sarawak is negatively impacting NASB’s earnings,” he adds.

In its filings with Bursa Malaysia, BAssets revealed that the Megaquest group posted a net profit of RM9.35mil and revenue of RM225.52mil for the financial year ended June 30, 2015.

This represented a decline of 31% from a net profit of RM13.53mil and 6% from revenue of RM239.8mil in the preceding financial year. In FY2013, the group’s net profit was RM14.13mil against revenue of RM236.86mil.

“The NFO market in Malaysia is rather saturated, with limited growth opportunities, so we don’t see much excitement with BAssets increasing its stake in NASB... it is certainly not a game changer for Berjaya group,” a market observer argues.

Be that as it may, Tan is still seen as putting his bets at the right places.

And as US presidential hopeful Donald Trump once said, “it’s good business being the house”.

Posted by Yong Chun Wah > 2017-10-25 21:06 | Report Abuse

Bjtoto is likely to buy bjassets gaming biz :)

BAssets has plans to attain a syariah-compliant status. Towards this end, the group is looking at potentially moving its 65%-owned gaming entity, Natural Avenue Sdn Bhd, under another Berjaya company.

Natural Avenue is the exclusive agent for Sarawak Turf Club’s special cash sweep numbers forecast lotteries.


Read more at http://www.thestar.com.my/business/business-news/2017/10/07/royal-boost-for-berjaya-assets/#xSLCMMLlacQxuUcL.99

Posted by Biker2b > 2017-10-25 21:39 | Report Abuse

That makes a lot of sense. Swapping NASB in BAssets with non-NFO related business in BJTOTO maybe?

Posted by Hua Joshuaayoung > 2017-10-26 18:21 | Report Abuse

swap swap lah.. hr owen swap to bjasset good move

Posted by Victor Yong > 2017-10-27 10:19 | Report Abuse

rename all outlets of NASB as berjaya toto, offering more game... even better. swapping assets between between 2 listed companies is rare, very likely cash or payment in stages with interest. :)

Posted by JQ Poh > 2017-10-27 21:04 | Report Abuse

Newbie here... What is Dividend_share means? How much can i get if it is 1:140?

Posted by geary > 2017-10-28 13:02 | Report Abuse

Buffett's...!!! https://amp.usatoday.com/story/106908444/

Posted by geary > 2017-10-28 15:43 | Report Abuse

Defensive Investing...!!!
http://www.valuewalk.com/2017/10/benjamin-graham-stocks/

Posted by charles77 > 2017-11-01 13:18 | Report Abuse

Drop Drop...time to accumulate more and average down the cost.

Posted by gongxifacai > 2017-11-02 08:44 | Report Abuse

@charles77 won't drop already. time to up up up =D

Posted by sheldon > 2017-11-06 23:31 | Report Abuse

so far no news of the promised share buyback

Posted by charles77 > 2017-11-07 09:13 | Report Abuse

If Berjaya were allow to set up a casino in Johor, do you think they will park it under Berjaya Assets or Berjaya Toto or the other subsidiary? I read an article few days ago on Lowyat that collectively, 10 000 Malaysians travel to Singapore casino daily and we lost about 3 to 4 billion per annum? Hence, I think it is quite likely that the gov will set up a casino in southern state to prevent capital outflow. What are your thoughts guys?

Posted by freetospeak > 2017-11-07 09:21 | Report Abuse

Will not under bjasset, they opted to be shariah compliant. Most likely under bjcorp, coz vt returned to bjcorp and start acquiring bjcorp shares lately. Even vietlott is park under bjcorp now. He want to create a gambling giant under bjcorp. So most likely bjtoto is out.