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AllianceDBS positive on NFOs sector
KUALA LUMPUR: AllianceDBS Research is positive on the numbers forecast operators (NFOs) sector in view of its improve prospects couple with attractive yields.
Euro 2004 not affecting market
The ongoing Euro 2004 football finals have had no noticeable impact on the local stock market, but could result in a possible slowdown in sales by numbers forecast operators (NFOs), say analysts.
OSK: Casinos may be hit with higher taxes than NFOs
Casinos may be hit with a higher tax structure than numbers forecast operators (NFOs) under the gaming sector tax structure to be announced in Budget 2009 next week.
Weak Q4 expected for BToto
PETALING JAYA: The run-up in gaming share prices could have been premature, as there are expectations of a weak quarter ahead, said Kenanga Research in its latest update on Berjaya Sports Toto Bhd (BToto) following its earnings release.
Fund managers give tips on where to park investments in case of a downturn
WE are now in September, with the Dow Jones up some 16.53% on a year-to-date basis despite the trade war woes and fears of an impending recession due to the signals being emitted by the inverted yield curve.
Has luck run out for gaming counters?
A Variety of reasons can be attributed to the fall in gaming companies with seemingly no end in sight for their woes.
CIMB Research retains Add for Berjaya Sports Toto
KUALA LUMPUR: CIMB Equities Research is keeping its earnings forecast, Add call and dividend discount model based target price of RM2.85 for Berjaya Sports Toto (BToto).
Slower growth seen for 4D betting industry
The four-digit (4D) numbers forecast betting industry, which rings up sales of about RM7bil per annum, is expected to grow at a slower pace this year.
Gaming sector likely to pick up in second half
PETALING JAYA: The gaming sector is expected to pick up in the second half of the year, despite the adverse impact of the Covid-19 pandemic.
