Sports Toto M'sia Trust

[Dividend Warrior]

Hi,

I'm a Malaysian and had been invested in this stock for few years. From business perspective of view, this is a good business to own due to the following reason.

- Its business model is good. Easy to run and easy to understand.
- Has huge moat. Currently, there are only 3 players (BJTOTO, Magnum, Big Sweep) in the market, and BJTOTO is the market leader. I don't see Malaysia's government will issue another new gambling license. Malaysia government practices a very conservative Islamic style administration.
- Good dividend records.

This type of investment can't get you rich overnight. But, it is a peace of mind steady income stream. If that type of investment is what you are looking, do consider it.

Thanks for sharing.