(Kuala Lumpur) Successful lot (BJTOTO, 1562, board and trade services group) generally consistent with results of the first quarter, analysts of dollars in the second half performance will be more rosy; as in the first quarter interim dividend was 19 cents ahead of the previous quarter distribution, equivalent to 238% dividend policy, expected next quarter dividend will tend to be conservative.
Shares subject to incentive
As the lower payout rate, lots of success achieved in the first quarter 100 000 000 452 000 ringgit zero net profit, 8.73% a year higher. Supported by the excellent performance, lots of success, opening with higher stock prices, investors bought into the nozzle, the whole day once 14 cents, or 3.24% higher to 4 ringgit 46 cents, more than 3 weeks for the biggest gain since, closing time hanging 4 ringgit 40 sen, Jan 8 cents.
As in the first quarter of lottery sales according to 5% higher to 800 million 33 million ringgit, but each lottery sales are flat, about to change due to material lottery form. For this reason, only micro-Jan turnover by 0.03% to 800 million 26.165 million ringgit, while the other lead is the Prime Gaming Philippines, lower turnover contribution.
Ahead of the first quarter dividend distributed in July
Lot of success early in the first quarter on July 15 to distribute an interim dividend of 19 cents, and 14 to get a way to distribute treasury shares, equivalent to 30.5 cents per share. The dividend in July 27 transfer.
Lot of success the second half of the Supreme lot of lottery (POWERTOTO6/55), gained 12 times that particular color, the more standard green happens to come into operation, will exceed the first half of the performance, and Q4 is traditionally Strong stability of the season.
Extreme minimum lot lottery prize money of 3 million ringgit, very attractive, material from the 3rd quarter 4th quarter or contribute enough to offset the universal (MAGNUM) launched with a million words per Jackpot (4D) the impact of the game.
In addition, the City keen on the tellers, and numerous successful monopoly lottery game, is taking this business very critical.
CIMB-GK research: outperform
Target price: RM5.95
Successful lot of market share remained stable, ranging from 42 to 43 percent, thanks to the game and become six million words only trading industry; maintained from 2010 to 2012 net profit estimate and weekly income test.
OSK research: buy
Target price: RM4.90
Reduce the numerous successful financial year 2010 and 2011 dividend payout ratio to 31 cents and 35 cents per share, equivalent to 75% of the dividend policy, indicating areas in the dividend is normalized, namely, only the next quarterly distribution of 4 to 6 cents dividend. 2010-2011 financial year net profit estimate was 400 million and 400 million 30.6 million 57.2 million ringgit.
Malaysian studies: buy
Target price: RM5.18
Successful lot of net loans as of April amounted to 300 million 55 million ringgit, while net debt stood at 1.7 times than that, but interest rates still at 41 times the coverage, the annual operating cash flow is also expected between 500 million from 50 million to 600 million ringgit, Week of 7% interest rate is the biggest attraction.
Pacific Securities: buy
Target price: RM5.20
With the new game board, namely, lots of success will be achieved 8% sales growth, maintain fiscal year 2010-2012 forecast 20.1 million to 400 million, 400 million and 500 million 83.9 million 28.6 million ringgit.
ECM Libra study: buy
Target price: RM5.80
Meter lot in the next quarter, the successful distribution of 15.1 cents dividend payout rate of 100% if full year dividend of 34.1 cents dividend yield will reach 7.9%.
MIMB Investment Bank: Buy
Target price: RM5.00
As the success of the first quarter dividend distribution of a large lot in advance, this does not expect the second quarter and 3 quarter dividends are so superior that all Xu as the company's cash flow.
2010 and 2011 fiscal year net profit estimate was 400 million and 400 million 25.5 million 55.6 million ringgit.
No comments:
Post a Comment