Tortie Portfolio: BJTOTO
Tuesday, June 20, 2006
The only thing Winpulse don't like about BJTOTO is Vixxxxx Txx (which is synonymous to very poor corporate governance). Otherwise it is a good investment especially when the RM0.50 capital repayment is imminent and also the RM0.15 dividend payout. Most research houses had written comprehensive reports and shouted BUY (eg, HLG, MAYBAN, RHB,Kim Eng).
The independant I-Capital also gave a BUY call:
BJTOTO [1562] > Current price RM4.70
The uptrend channel support and 200-day moving average have held up. Berjaya Sports Toto is now primed for a move in the opposite direction. Both its MACD and DMI are bullish. Despite the bearish overall market, i Capital sees Berjaya Sports Toto buckling the general trend and rates it a trading Buy. A rise to RM5.40 is seen.
(Retrieved from http://icapital.biz/ 20/6/2006).
So, Winpulse jumped into the wagon of sinful crowd and bought BJTOTO 1500 shares at RM4.76.
posted by winpulse @ 6:39 PM,
