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KUALA LUMPUR: Berjaya Sports Toto’s (BST) core earnings for financial year ended April 30, 2018 of RM238.5mil were below CIMB Equities Research and Bloomberg consensus expectations, at 89% and 90% of the respective forecasts.
QL RESOURCES BHD: IN financial year 2018 (FY18), the marine products manufacturing segment saw a 15% decline in profit before tax (PBT) despite a 3% expansion in sales.
KUALA LUMPUR: Berjaya Sports Toto Bhd's recent share price performance is not sustainable due to structural problems facing the industry, said Affin Hwang Capital Research.
CapitaLand Malaysia Mall Trust (CMMT)’s share price has declined 30% year-to-date and is below the initial public offering (IPO) price of RM1.08 (in 2010).
PETALING JAYA: Kenanga Research expects selling pressure on number forecast operators (NFOs) to bottom out this year, following an improvement in tickets sales coupled with better luck factor.
KUALA LUMPUR: Kenanga Research has upgraded the gaming sector to Overweight from Neutral as it believes selling pressure on number forecast operators (NFO) should bottom out following an improvement in tickets sales coupled with better luck factor
KUALA LUMPUR: Berjaya Land Bhd had to make a huge impairment charge in the third quarter ended Oct 31 because of a dispute over the balance of sales proceeds the company was supposed to receive from the disposal of a project in China two years ago. This resulted in a loss of RM99.9mil.
BERJAYA Sports Toto Bhd’s (BToto) higher ticket sales year-on-year (y-o-y) in the second quarter of financial year 2018 (FY18) is a “positive sign”, according to Kenanga Research.