Friday, February 9, 2018

Pacific Online Systems Corporation (LOTO)

This posting may contain out of date contents.
For the updated or exact information, you should check edge.pse.com.ph or their official website.

1. Company Information
Company Name
Pacific Online Systems Corporation (LOTO)
Sector
Services
Incorporation Date
Nov 11, 1993
Subsector
Casinos & Gaming
Number of employees
478 (Group Total)
Board of Directors
Chairman: Willy N. Ocier
Website / E-mail
http://www.loto.com.ph
2. Stock Information
Total Assets
2,613,366,977
Market Capitalization
4,770,403,957.00
Total Liabilities
506,474,200
Outstanding Shares
433,673,087
Retained Earnings
1,476,916,068
Listed Shares
447,665,473
Listing Date
Apr 12, 2007
Issued Shares
447,665,473
Board Lot
100
Free Float Level (%)
36.69%
Par Value
1.00
Foreign Ownership Limit
40%
3. Major Stock Holders (common shares)
Premium Leisure Corp.
Abacus Consolidated Resources & Holdings, Inc.
Willy N. Ocier
51.71 %
01.90 %
08.02 %
4. Company Descriptions and Business Development
Notes
1. Related companies: LOTO, PLC, BEL and SM, SMPH, BDO, AT, APC
2.  Henry N. Ocier and Willy N. Ocier are brothers.
Overview
LOTO is engaged in the development, design and management of online computer systems, terminals and software for the Philippine gaming industry. The Company brokers technology from global suppliers of integrated gaming systems and leases to the Philippine Charity Sweepstakes Office (PCSO) the equipment needed for its online lottery operations. LOTO also provides PCSO the necessary technical support. It covers 100% of VISMIN region but only 8% of LUZON due to the restriction. LOTO has already deployed over 6,000 online terminals around the Philippines. It is engaged in on/offline loto, online keno only, not Small Town Lottery (STL).
Business
Revenue contribution in 2016
Equipment Rentals
Distribution and Retail Activities
1,579,660,972
608,438,498
72%
28%

Subsidiaries / Associates / Affiliates / Joint Ventures
Total Gaming Technologies, Inc (TGTI, 98.92%)
Loto Pacific Leisure Corporation (100%)
Lucky Circle Corporation (97.64%)
Falcon Resources, Inc.(100% by TGTI) is engaged in instant scratch tickets.

+++++++++++++++++++++++++++++++++++++++++

MARKET ISSUES

[last partial update : 02/28/2018] Macro and Overseas (a) US interest rate : 1.25 ~ 1.5%, May increase 3 times in 2018 (b) US 10 yr bond...