We increased purchase of MSPORTS and initiate a “Buy” call

We hold it shares when it first listed and follow up until today.  The stock gives stable and growing outlook on both profit and revenue.  We will consider to include MSPORTS as one of the agressive buy if another winning quarter.  Dividend of 3.11 cents before tax may be around 6-7% and undervalued by half compared to its current NTAB.