PhillipCapital is maintaining its “buy” call and target price of 15 cents on television services provider Asian Pay Television Trust (APTT). 

This is expected to give the counter a total return of 36.8% from its 11.7 cent price on Nov 13, says analyst Paul Chew in a note.

“Our buy remains premised on a yield of 8.5% and sustainable operating cash flows,” he elaborates.

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