Today Berjaya TOTO share buyback.

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Date of buy back: 15/12/2009

Description of shares purchased:

Ordinary shares

Currency: Malaysian Ringgit (MYR)

Total number of shares purchased (units) : 1,198,140

Minimum price paid for each share purchased ($$) : 4.130

Maximum price paid for each share purchased ($$) : 4.210

Total consideration paid ($$) : 5,008,097.97

Number of shares purchased retained in treasury (units) : 1,198,140

Number of shares purchased which are proposed to be cancelled (units) :

Cumulative net outstanding treasury shares as at to-date (units): 6,530,072

Adjusted issued capital after cancellation
(no. of shares) (units):

Total number of shares purchased and/or held as treasury shares against the total number of outstanding shares of the listed issuer (%) : 0.48

Remarks
The total number of shares with voting rights in issue after the above share buyback is 1,344,500,000.

Just wonder why they keep on repurchase the share? now their treasury share got 0.6% only.

Company Name : BERJAYA SPORTS TOTO BERHAD 
Stock Name  : BJTOTO   
Date Announced : 17/12/2009 
Type : Announcement
Subject : ACQUISITION OF 20% EQUITY INTEREST IN BERJAYA LOTTERY VIETNAM LIMITED [FORMERLY KNOWN AS BERJAYA CORPORATION (LABUAN) LIMITED]

BLVL was incorporated in Federal Territory of Labuan under the name of Berjaya Corporation (Labuan) Limited on 22 April 2008. BLVL subsequently changed to its present name on 11 March 2009. It is currently dormant. Currently, BLVL has an issued and paid-up share capital of USD10,000 comprising 10,000 ordinary shares of USD1.00 each.

BLVL is intended to be the vehicle for BCorporation’s entry into the lottery business in Vietnam. In this regard, BCorporation has been sourcing for lottery business opportunities in Vietnam and has, since May 2008, applied to the Government of Vietnam for the right to operate a nation-wide lottery.

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Added on December 18, 2009, 3:34 pm

Is this good or bad ? BJTOTO to expand to vietnam ? 

One question i would like to ask. Is it a good sign that the director is manipulating the stock price? I mean VT

lol i am not saying who got more cash definitely my cash are far far lesser than VT.... What i mean is the way VT are doing is not right not saying who is richer. He should concentrate on the business fundamental instead of manipulating the stock price. It makes bjtoto loss its shine....
As are director of a bluechip... i think VT should at least buy when the stock price is facing downside pressure and stop buying when the stock price going up...

But what he is doing now is trading bjtoto shares.....

Actually i am very interested in BJTOTO... but look at what VT is doing make me hesitate to buy even at a lower price....

Yes , you are right.

If you invest in Malaysia, follow the rules of the sharks.

If sharks buy, we buy.

If they dump, we dump too.

From a simple TA point of view.

Of course  he is the big tauke of bjtoto what. Who dare to stand on his way  If i have 1% of his wealth cukup sudah 

What i meant is i don like his way of trading bjtoto. Of course it give us opportunity to profit from this but sound not professional for a MAIN BOARD LISTED company director to trade his own stocks.

just wonder where they got so much money to repurchase the shares

Now regretted dumping it for YTLp bor..... jk la know you are YTLp fans ...

ya, this is issued by merchant bank indeed.
u mean 10000/3.73 = 2680
so we can exercise(buy) the bjtoto with 2680 unit in RM4.3867 ?

  can you show me the calculation briefly?
i'm totally out with this.

oo....very thanks 
so, the fee for buying the warrant will be exactly same with normal transaction?
(eg. stamp duty, broker fee,clearing fee)

Errr.....          Don't you have to consider the

List Price: RM0.2450 

Last two quarters did not declare div, so there is about 200 million accumulated + another 100 million from this quarter for a total of about 300 million. BTOTO can easily declare 20 sen div.

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Added on February 28, 2010, 10:15 pm

Preparing for a big harvest.

lol yeah, Maybank PRO Tanjong & MPHB.

BJTOTO used to be one of the stocks I target to buy for divvy yield. But after seeing all those regular deals undertaken by VT and his associate companies, I've changed my mind.

single tier dividend...meaning we will get this 6 cents nett? still need to declare this 6 cents as income in the income tax declaration rite?

sorry newbie in share investment here....

if your personal tax bracket is less than 25% corporate tax rate, then i assume you will get back something...