Thursday, March 4, 2010

A Closer Look at BJTOTO


Taking a closer look at BJTOTO, many have expected a dividend for 3Q including me. Judging the table above, I have to lower my dividend payout for BJTOTO to 3sen to 4sen and wish to call back the 5 to 8sen dividend previously have predicted, if a dividend were to declare. Take a look at below :-

1Q EPS = 7.97sen

2Q EPS = 7.62sen

Assuming 3Q result remain unchanged, in which I presume there isn’t much unexpected result, thus,

3Q EPS = 7.73sen

Total expected EPS = 7.97 + 7.62 + 7.73 = 23.32sen
19sen has been paid out as advance dividend previously. Hence,
23.32 – 19 = 4.32sen

If BJTOTO do not truly want to ‘miss’ out dividend for every Q, they would have to declare at least some dividend, in which I would expect ranging from 3sen to 4sen only.

This is as much as they can do for now I presume.

10 comments:

WK888 said...

the new magnum toto game might have an impact on bjtoto...

horse said...

Wedding,
that could be a possible reason there but i think sustainable earning for bjtoto should not be a question here though it is not higher.
Just hope that they maintain the dividend payout ratio & consistency.

Anonymous said...

horse

Have you bought Genting SP yesterday? these stock has rebound today. I'm q to reap profit now :D)

Anonymous said...

sold off all genting SP at 86-86.5sen, realize more than $2k contra profit :>)

horse said...

No i didn't, i was having trainig the whole day. Did not get access to stock. :(

COngrat on your trades. :)

Anonymous said...

At the moment, I'm adopting very short term view on Genting SP, as long as there is profit, i'll realize it first and wait weakness for re-entry. Ha!, taking profit of more than $2k is very rewarding if convert to ringgit :)

Anonymous said...

Miss the opportunity for genting SP on current bull run :(

Anonymous said...

Today, manage to increase further stake of keladi at 15.5sen


Updated portfolio + margin line
1. Keladi 95.2%
2. Pharma 63.7%
3. PIE 11.8%
4. Yilai 8.7%

5. Combined total stake of Ken, Cresbld and UPA = 2.6%

horse said...

hng,

I thought u sold off all pharma?
keladi seem to be your bigest holding now.

Anonymous said...

horse

Pharma still is my major holding for its upcoming dividend, i've just take some paper profit to free up more room to accumulate more keladi.

Related Posts with Thumbnails