As far as i understand, selling of shares causes price of share to drop. However I observed that massive last minute selling of BJTOTO shares actually lifted the price. Can someone enlighthen me bout the matter?

This post has been edited by calmwater: Dec 30 2010, 11:23 PM

BJtoto good closing today, but can it go up to RM4.86 as valued by some securities house?

Just hang on to this horsee!!Who knows how high? Only VT and gang

Definitely the offer has to be reasonably good for investors to let go.

Dec 30/2010 VT bought 3.5 million shares @ 4.46

This post has been edited by calmwater: Jan 9 2011, 09:56 AM

Even at 4.46 it still worth a MASSIVE BUY by BJCORP@VT. cant imagine the actual valuation of the share if the corporate excercise deal goes through

Ha! Ha! Let's hope they share some with us.

Maybe a cool Ang pow for CNY.

This post has been edited by calmwater: Jan 12 2011, 11:16 PM

Looks like BJtoto is quiet after the last press statement. No solid statement so far.

i believe the news is pending to be released...
i just added some bjtotos, keep finger crossed for a optimistic price of RM5.80 by ECM.. hahaha

profit taking,they said the privatization is to make ppl like us belive to buy their share..Think is true?

who cares? anyway divvy coming end January just in time for CNY.....both ways shareholders still enjoy !

any idea izzit buying BJLand is also good?..since BJLand is holding BJToto?...i mean for future corporate exercise?

dividend oso so little...look at tenaga dividend.5x more

VT personal shareholding has decreased to 0.5x% (from 1.xx%).
any specific meaning to this ?

privatization is going on? i don't think so....just another trick by VT...let's see what will happen next...

Better watch out now testing the support at 4.17 . Breaking this see another free fall counter

Free fall? Don't think so. The fundamental of the business is robust with strong earning and steady dividend payout. Even if the privatisation
deal didnt went well or worst never happen, it may result in some technical correction but never FREE FALL.

yupp...juz his trick la...everyone knows..thats y the price did NOT went up..it went otherways.

may i ask, what is the % dividend return for BJTOTO?

13%

No Announcement Date FYE Date Ex Date Pay Date Par Value(RM) Normal Dividend (RM)

2010
1 10 Dec 2010 30 Apr 2011 14 Jan 2011 28 Jan 2011 0.100 0.04000 -
2 21 Sep 2010 30 Apr 2011 06 Oct 2010 18 Oct 2010 0.100 0.08000 -
3 18 Jun 2010 30 Apr 2010 02 Jul 2010 16 Jul 2010 0.100 0.08000 -


So far in 2010, BJTOTO has 2 dividend payout amounted to RM 0.16. Your return will be less than 4% from the dividend receive.


Looking forward to FYE 30/4/2011, it will be a blessing from the sky if the company can recorded a net profit of RM 300mil to RM 330mil which translate to EPS of RM 0.22 to RM 0.25. (FYE 4/2011 Q1 + Q2 already recorded lower net earning of -30% compare to 4/2010 Q1Q2)

In the best case scenario, you may expect another dividend of max RM0.13 from FYE 4/2011 [max 6% Dividend yield on FYE 4/2011] without further borrowing for dividend payout. (that is if the company payout 100% of their earning to shareholder)

My gut feeling is that, they wont be able to pay you anything more than RM 0.20 for FYE 4/2011.


On a sidenote, if an investor were to buy the counter during Q4 2009 within the range of RM 4.30 to RM 4.40, and by chance still holding it until today, i guess he wont be too happy even the fact that he get some dividend during the period.

Overall, throughout 2010, the share price of BJTOTO only spike twice.

- toward the range of RM 4.6X during football betting joke.

- another in the range of RM 4.5X towards the very end of 2010 when BJTOTO announce the potential new strategic investor.


Last but not least, entry point is important.

This post has been edited by hongzheng: Feb 8 2011, 10:16 PM