Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Thursday, October 22, 2009

BJ Sports Toto AGM: Dividends???

BJSports Toto had their AGM on Weds instant.
Historically, it's around this time of the year that they will declare dividends for their shareholders. Since they were profitable for their first quarter (RM100 million, eps abt 8 sen), let's see if they will... Watch for news...


casey said...

I suspect BJSports is used by BJCorp as a cash cow. When there is no immediate need for cash (for its corporate wheeling and dealing), we might not expect any pay out for the benefit of its minority shareholder.

Remnant 613 said...

very true and well said..

let's hope at least BJ does a price action rally on news of its launch of Power Toto on Monday 2nd Nov.