Posted by cK1973 > 1 month ago | Report Abuse

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

Posted by cK1973 > 1 month ago | Report Abuse

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

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.

Posted by cK1973 > 1 month ago | Report Abuse

same, still waiting at 1.35....

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

Posted by Income > 1 month ago | Report Abuse

ST baguskah?

Posted by Income > 1 month ago | Report Abuse

Betting big or small?

Posted by Good123 > 3 weeks 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.

Posted by Good123 > 2 weeks 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.

Posted by Good123 > 2 weeks 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.

Posted by sheldon > 2 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.

Posted by TomYam > 2 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.