Tuesday, June 26, 2012

Berjaya Sports Toto: Maintain Buy - Introduces Mega Toto 6/52 Jackpot 2

Segmenting its clientele better. Berjaya Sports Toto (BST) introduced a second jackpot to Mega Toto 6/52 over the weekend, the second-easiest to be struck in the industry. We opine that this variation may boost sales by drawing punters who will be attracted to lotto games with high odds of striking, albeit smaller jackpots. No change to our earnings forecasts and MYR5.00 DCF-based TP for now. Maintain BUY.

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Source: Maybank Research - 26 June 2012

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