Thursday, February 2

SPTOTO had negative earnings growth

SPTOTO’s debt to equity ratio has reduced from 136.5% to 129.1% over the past 5 years. SPTOTO’s revenue (6% per year) is forecast to grow slower than 20% per year. Target price is more than 20% higher than the current share price and analysts are within a statistically confident range of agreement. As you may know, there are three main operators of 4d lottery in Malaysia which is Damacai, Magnum and Sports TOTO. They are governed by strict rules there is no taxable offered by these operators.

The total fourth interim dividend comprising cash and share dividend distribution for FY22 will amount to RM62.8 million. With this, the total dividend distribution for FY22 is RM116.4 million. SPTOTO had negative earnings growth (-10.9%) over the past year, making it difficult to compare to the Hospitality industry average (36.7%).

Sports Toto 토토사이트 formerly Berjaya Sports Toto Berhad, is a Malaysia-based investment holding company. It operates through its subsidiary Berjaya Philippines, Inc. , which runs and manages Berjaya Makati Hotel in Makati City, Philippines. Owen Plc operates several luxury vehicle dealerships in the specialist car market for both sales and aftersales in the United Kingdom. Its subsidiary, International Lottery & Totalizator Systems, Inc. provides computerized wagering equipment and systems to the online lottery and pari-mutuel racing industries. Business Summary Sports Toto Berhad, formerly Berjaya Sports Toto Berhad, is a Malaysia-based investment holding company.

Berjaya Sports Toto’s net profit for its second quarter ended Dec 31, 2021 fell 18.14% to RM53.26 million, from RM65.06 million a year earlier, due to a lower contribution from its number forecast operation, partially mitigated by higher income from its auto retailing business. Organised by sports promoter, Sport-Toto, in co-operation with Loterie Romande and Swisslos lottery companies, this 4th edition of the “”Team Spirit”” event brought together over 100 members of parliament, sports federations, athletes and journalists. News Corp is a global, diversified media and information services company focused on creating and distributing authoritative and engaging content and other products and services. SPTOTO’s has had negative earnings growth over the past year, so it can’t be compared to its 5-year average. SPTOTO’s earnings (13.7% per year) are forecast to grow faster than the MY market (9.6% per year).

Very good results although % Dividend payout / Earnings is below what they usually give prior to covid. Based on their earnings, the dividends should be closer to 4cents or more…. Could never really understand why would anyone want to buy for illegal punters especially now that the shops are open. Imagine hitting the jackpot for MYR95mil and the website decides to shut down the next day. The group’s shares closed 0.53% or one sen lower at RM1.87 on Monday , valuing the group at RM2.53 billion. The group had said that the change of name would better reflect its corporate identity and core business.

The group reported an 8.4% increase in revenue to RM5.23 billion from RM4.83 billion in the previous financial year, mainly due to stronger sales registered by HR Owen. Have bought more shares than they have sold in the past 3 months. (104.9%), SPTOTO’s dividend payments are not well covered by cash flows. SPTOTO’s dividend (6.7%) is higher than the bottom 25% of dividend payers in the MY market (2.08%).

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