Digi.Com; Buy; RM4.85
Price target: RM5.35 (prev RM4.90); DIGI:MK
Riding the data wave

FY13 above expectations due to rock bottom depreciation and lower tax rate. FY13 DPS of 21.3sen represents 97% payout, 4.4%
yield. Lifted FY14-16F earnings by 7-10%. Upgrade to BUY with higher RM5.35 TP.

Petronas Dagangan; Fully Valued; RM30.54
Price target: RM19.70; PETD:MK
Falling short of the mark

FY13 earnings of RM811.8m falls short of our and consensus’ estimates. Dragged by higher operating expenditure. Declared singletier
DPS of 17.5 sen in 4Q13. Maintain FULLY VALUED and RM19.70 TP.

Source: HwangDBS Research - 7 Feb 2014