Nfos

PETALING JAYA: Numbers forecast operators (NFOs) reopened only about a month ago and are seeing a surprisingly quick recovery in jackpot sales. Noting this, Maybank Investment Bank (IB) Research said that if history is any guide, it gathers that Magnum Bhd and Berjaya Sports Toto Bhd (BToto) sales will recover to around 80% of pre-Covid-19 levels very soon. This, in … [Read more...] about NFOs see quick rebound in jackpot sales

Berjaya Sports Toto Bhd 's numbers forecast operator (NFO) business could be cushioned by the group's luxury car dealership, as the latter's earnings contribution in FY21 showed considerable growth despite operating restrictions. According to Hong Leong Investment Bank Research, the group's luxury car unit's robust growth was owing to a pick-up in demand from … [Read more...] about Berjaya Sports Toto’s luxury car segment to cushion slower NFO recovery

KUALA LUMPUR: A slower recovery in Berjaya Sports Toto Bhd ’s numbers forecast operator (NFO) business could be cushioned by the group’s luxury car dealership, as the latter’s earnings contribution in financial year 2021 (FY21) showed considerable growth despite operating restrictions. According to Hong Leong Investment Bank Research, the group’s luxury car unit’s robust … [Read more...] about Berjaya Sports Toto’s luxury car segment to cushion NFO business

KUALA LUMPUR: Gaming stocks are expected to continue on their recovery path, given countries’ shift away from the total lockdown approach and as investors develop an “immunity” towards Covid-19-related news. The gaming sector was one of the worst-hit by the Covid-19 pandemic over the past two years but further developments in the pandemic should not be as disruptive to sales … [Read more...] about Gaming stocks on steady recovery path