Sports Toto (SPTOTO) | Gaming – NFO: Expecting Softer Quarters Ahead RHB 11 August 2025 Gaming – NFO Expecting Softer Quarters Ahead We believe the at-mean valuation of number forecast operators (NFOs) is fair, reflecting their defensive nature and limited growth catalysts, while offering an attractive 5-7% yield. Among the stocks, we favour Sports Toto…
Malaysia’s beloved gaming and auto giant, Sports Toto Berhad (STB), has just unveiled its unaudited financial results for the third quarter ended 31 March 2025 (Q3 FY2025). The report paints a largely positive picture, showcasing a commendable surge in profitability driven by robust performances across its key segments. This quarter’s figures highlight the company’s resilience…