Wednesday, August 18, 2010

Bought 5,000 BJTOTO @ 4.130





Time to buy some BJ stocks. BJ* stocks have been in the downtrend ever since the ASCOT deal was pullback. The new IPO BJ retail  has fall below IPO price. BJCORP also badly hit.

Amongst all the BJ stocks, unclepicks is picking up BJTOTO:

Good side:
1) Supreme toto has gone up to $32 millions. highest of all time. This should generate lots of revenue.
2) Stock price, drop from 4.6 to 4.1 recently. Low volume. People are not interested.
3) High dividend payout. taking year 2008,  25 sen ,about 6%
4) VT is buying back.
5) Defensive stock.

Bad side:
1) 6% to 8% tax increased.

No comments:

Post a Comment