KUALA LUMPUR Aseambankers Equity Research is maintaining a Buy call on Berjaya Sports Toto Bhd (BToto) as the company is still a defensive play with attractive dividend yield and good trading liquidity.
The research house said on Tuesday that despite its reduced dividend expectation, BToto was still expected to provide an attractive 7.6% gross dividend yield in FY09 (on 75% net payout).
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