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Corporate News 21 Jun 2017 | 12:24 AM

CIMB Research retains Hold for Berjaya Sports Toto

KUALA LUMPUR: CIMB Equities Research is retaining its Hold call for Berjaya Sports Toto (BToto) with lower dividend discount model (DDM) based target price of RM2.80.

Markets 12 Jun 2017 | 12:00 AM

Is the outlook for Magnum turning brighter?

PETALING JAYA: Is the outlook for Magnum Bhd turning brighter after the gaming concern’s shocking tax issues?

Stocks Analysis 07 Jun 2017 | 12:00 AM

Mixed views on Magnum after IRB tax claim

PETALING JAYA: One research house has turned positive on embattled numbers forecast operator (NFO) Magnum Bhd, placing a “buy” call on the stock betting that it can resume its dividend payments, monetise a key asset and actually suffer a smaller claim by the taxman than expected.

Analyst Reports 06 Jun 2017 | 2:13 AM

Intense competition likely among NFOs

KUALA LUMPUR: Hong Leong Investment Bank Research (HLIB) opined that the number forecast operator (NFO) market will remain challenging with saturated market and intense competitions among operators as well as illegal operators.

Business 21 Feb 2017 | 12:00 AM

Analyst ‘neutral’ on gaming stocks

PETALING JAYA: UOB Kay Hian Research expects the planned amendment to the Common Gaming Houses Act 1953, which aims to combat online gambling, to have a neutral to positive impact on number forecasting operators (NFO).

Analyst Reports 17 Feb 2017 | 2:00 AM

Maybank IB: Amendment to the CGHA positive for legal NFOs

KUALA LUMPUR: Maybank Investment Bank Research is positive on the amendment to the Common Gaming Houses Act 1953 (CGHA) as it may be positive for legal number forecast operators (NFOs).

Business 13 Oct 2016 | 12:00 AM

AllianceDBS says gaming tax hike unlikely

PETALING JAYA: There may not be any tax hikes for gaming players in the upcoming Budget 2017.

Business 14 Jan 2016 | 12:00 AM

Better performance seen from gaming stocks this year

PETALING JAYA: Malaysian gaming stocks are expected to at least partially reverse 2015’s vastly disappointing performance, said UOBKayHian. The research house anticipates a better year for Genting Group, as the VIP segment’s earnings recover. Genting Bhd (Genting), Berjaya Sports and Magnum share prices fell 2% to 17% in 2015 due to weak results.

Analyst Reports 21 Dec 2015 | 12:38 AM

Berjaya Sports Toto H1 earnings below CIMB Research forecast

KUALA LUMPUR: Berjaya Sports Toto’s (BToto) earnings in the first half ended Oct 31, 2015 were below expectations and came it at 40% of CIMB Equities Research’s full-year forecast.

Business 05 Oct 2015 | 9:46 AM

BToto lacks gaming sparks, Alliance DBS keeps Hold call

KUALA LUMPUR: Alliance DBS Research says Berjaya Sports Toto lacks gaming sparks and it is maintaining a Hold call with a target price of RM3.10 based on the dividend discount model.