March 16, 2011

BJTOTO - Good time to buy Berjaya Sports shares - ECM

Stock Name: BJTOTO
Company Name: BERJAYA SPORTS TOTO BHD
Research House: ECMLIBRA

Berjaya Sports Toto Bhd, a Malaysian lottery operator, was raised to “buy” from “hold’ at ECM Libra Capital Sdn Bhd, which said that it is a good time to accumulate the stock as its share price has fallen from a recent peak.

Its share price estimate was maintained at RM4.56, ECM Libra analyst Bernard Ching wrote in a report today. -- Bloomberg

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