But how come it drop leh, celaka, I have abt 400 units.
Written by The Edge Financial Daily
Monday, 26 October 2009 14:21
BERJAYA SPORTS TOTO BHD []’s (BToto) new game scheduled for launch at month-end is expected to be positive for the number forecast operator (NFO) as it could result in higher sales per draw day, said RHB Research.
The research house maintained its market perform call on Btoto, with a fair value of RM4.80.
The new jackpot game, Power 6/55, with a minimum RM3 million payout is a replacement for its Toto 6/42 game and would commence from Oct 29, with the first draw on Oct 31.
“We believe BToto rushed to complete the development of this new game in order to compete with Magnum, which launched its new 4D jackpot game in September,” it added.
It noted the new game has a one in 30 million strike chance, which is lower compared to Magnum’s new 4D jackpot game’s first prize odds of one in 16.67 million and second prize odds of one in 1.67 million.
RHB Research expects Power 6/55 to create bigger jackpots than those created by BToto’s own Mega 6/52 game.
It recalled that since Mega 6/52’s launch in June 2007, the maximum jackpot of RM20 million has been “hit” three times, resulting in the highest sales per draw day of RM4.9 million recorded in August 2009 versus an average of RM1.9 milion.
The research unit said this did not, however, beat the record highest sales per draw day over the last 15 years of RM13.9 million recorded in April 2001 versus the average of RM990,000.
“We also note that the maximum jackpot amount for the Mega 6/52 game was also lifted completely on Oct 7, 2009,” it added.
RHB Research kept its forecasts unchanged, adding that it would wait for the new game to begin to monitor its popularity before it makes any changes.
“We maintain our view that in the short term, there may not be any significant share price catalysts for BToto as there may not be any more dividends announced until the 2QFY10 results are released in Dec 2009,” it added.
Last Friday, BToto was unchanged at RM4.34.
Monday, 26 October 2009 14:21
BERJAYA SPORTS TOTO BHD []’s (BToto) new game scheduled for launch at month-end is expected to be positive for the number forecast operator (NFO) as it could result in higher sales per draw day, said RHB Research.
The research house maintained its market perform call on Btoto, with a fair value of RM4.80.
The new jackpot game, Power 6/55, with a minimum RM3 million payout is a replacement for its Toto 6/42 game and would commence from Oct 29, with the first draw on Oct 31.
“We believe BToto rushed to complete the development of this new game in order to compete with Magnum, which launched its new 4D jackpot game in September,” it added.
It noted the new game has a one in 30 million strike chance, which is lower compared to Magnum’s new 4D jackpot game’s first prize odds of one in 16.67 million and second prize odds of one in 1.67 million.
RHB Research expects Power 6/55 to create bigger jackpots than those created by BToto’s own Mega 6/52 game.
It recalled that since Mega 6/52’s launch in June 2007, the maximum jackpot of RM20 million has been “hit” three times, resulting in the highest sales per draw day of RM4.9 million recorded in August 2009 versus an average of RM1.9 milion.
The research unit said this did not, however, beat the record highest sales per draw day over the last 15 years of RM13.9 million recorded in April 2001 versus the average of RM990,000.
“We also note that the maximum jackpot amount for the Mega 6/52 game was also lifted completely on Oct 7, 2009,” it added.
RHB Research kept its forecasts unchanged, adding that it would wait for the new game to begin to monitor its popularity before it makes any changes.
“We maintain our view that in the short term, there may not be any significant share price catalysts for BToto as there may not be any more dividends announced until the 2QFY10 results are released in Dec 2009,” it added.
Last Friday, BToto was unchanged at RM4.34.
4 comments
Hi CK,
I', MWChong.
Can I exchange blog link with you ?
Here is my blog address : http://futurescorner.blogspot.com/
Ok, consider done.
Hi CK,
I've added your blog link on my blog.
Thanks ! Keep it up !
PAK HERMAN DI BRUNEI SANGAT BERSYUKUR KEPADA ALLAH DAN SANGAT BERTERIMAKASIH BANYAK KEPADA KI DARMO,ATAS BANTUANNYA YANG TELAH MEMBERIKAN ANKA JITUNYA DAN ALHAMDULILLAH BERHASIL..WAKTU SAYA DIBERI TAU SAMA TEMAN KALAU ANKA YANG SAYA PASAN NAIK,SAYA HAMPIR PINSAN DAN TIDAK PERCAYA TAPI INI JUGA BENER2 KENYATAAN,,BERKAT BANTUAN AKI DARMO KINI SEMUA HUTANG-HUTANG SAYA SUDAH PADA LUNAS SEMUANYA DAN RUMAH JUGA YAGA DILUNYA SEMPAT KUGADAIKAN DI KAMPUNG-KINI SAYA SUDAH MENEBUSNYA KEMBALI..SYUKUR ALHAMDULILLAH KINI KEHIDUPAN KELUARGA SAYA SUDAH JAUH LEBIH BAIK DARI SEBELUMNYA,,DAN JIKA ANDA INGIN ANKA JITU DAN BUKAN OBRAL JANJI YG SERING ANDA DAPATKAN SILAHKAN HUBUNGI AKI DARMO DI 082310142255 DIJAMIN INSYA ALLAH 100% PASTI TEMBUS-ATAU KTIK- http://penyairtogel.blogspot.com