later drop below 0.2 then director revenge back at u, not easy.

useless counter....... people up this one standing

meaning the offer price will stay at 0.48 per share until the expiry date. unconditional offer remember. dont think it will go higher than that.

lousy company lah........... why waste time here?? conman counter is always like that....... make u feel this quater earn but next 2 quarters will lost as spaghetti and albukhary told. dont believe then watch the show!

cant predict much......wait for coming report. if this company good, i think should be no issue to rise back.

someone delete it ...........

http://www.theedgemarkets.com/my/article/digistar-appoints-md%E2%80%99s-son-board-buys-dormant-firm-rm200000?type=Corporate

albukhary i have no idea how to check it. the company mess up now, not like lastime....... fallen star man!

yes albukhary, i totally agree what u stated here. if the son no experience then better dont put as director, let him start from the very bottom, be office boy also nevermind. dont come in as high post, people will not respect you.

i dont buy wa lah.......... i think is datuk

cutla......simpan for what??? this lousy company cant perform onela, waste time n money

no need waste timela albukhary........... i think 90% gone....... share price reflect already

free?? where got? free for his own director adala

ya sell more cheap i want

drop = gone case? company steady so why takut?

then u wait for 0.3..........see whether u can get or not

give u cheap dont buy later chase high die again

http://www.thestar.com.my/Business/Business-News/2015/03/31/Affin-Holdings-appoints-Kamarul-Ariffin-group-CEO/?style=biz

ya better run, later only bones left behind

Digistar expects to turn around by end-2016
By Yen Ne Foo / The Edge Financial Daily | March 27, 2015 : 10:51 AM MYT
Share on facebookShare on twitter
Printer-friendly versionSend by emailPDF version
KUALA LUMPUR: Loss-making information and communications technology (ICT) service provider Digistar Corp Bhd ( Financial Dashboard) is banking on recurring income that it expects to start streaming in from its various businesses from next year onwards to turn the company around by end-2016.

“Our businesses will help us return to profitability and we expect to turn around by the end of 2016,” Digistar group chief executive officer Datuk Wira Lee Wah Chong told reporters after the company’s annual general meeting yesterday.

“We can keep on doing ICT work but these contracts are not enough for us. We want recurring income and everything we have done has been about getting a steady recurring income for the company and its shareholders,” he added.

Besides the company’s core business of providing systems engineering and integration solutions for the audio-visual, broadcasting and security sectors, Digistar has ventured into construction, property development, central monitoring system (CMS) services, interactive pay TV and telecommunication businesses.

Despite the variety of its businesses, the company’s financial year ended September (FY14) still saw a net loss of RM5.65 million on the back of RM109.71 million in revenue. It continued its losing streak into the first quarter ended December (1QFY15) with a net loss of RM3.86 million and revenue of RM31.24 million.

Lee said the losses were due to bond interest expense for the RM280 million bonds it issued to finance the construction of the Malaysian National Technology Advancement Centre (MTAC) in Melaka for the government.

“We pay RM14 million to RM16 million interest for the bonds each year. That offsets any profit we make from our other operations,” he said.

Lee expects this to change at the end of next year as Digistar’s various businesses start to generate recurring income on top of its existing order book of approximately RM217 million. The company also has a tender book of RM350 million.

He said Digistar will have a “stable income” stream from its 15-year concession from the government to provide asset management services for MTAC once the RM240 million construction project is completed in July 2016.

Furthermore, its commercial development of The Imperial Heritage Hotel Melaka will be fully operational this year and Digistar is expecting the project to rake in RM25 million to RM30 million in revenue per annum.

Digistar (fundamental: 1.05; valuation: 0.6) is also going to continue the expansion of its CMS business and intends to grow its customer base by more than threefold to 20,000 in two years.

It is also in the process of acquiring three security solutions companies with a view to setting up three more command centres. Two of the new command centres will be located in Sabah and Sarawak, which will effectively expand the company’s footprint in the two states.

“The cost of monitoring one house and 1,000 houses in the same command centre is the same. Our goal is to acquire more customers and secure recurring income from them,” he said.

Digistar’s counter closed up half a sen or 2.22% at 23 sen yesterday, with a market capitalisation of RM104.88 million.

maybe goreng but i dont know when, no need to wait 2 years la

as i know..........no one shout at datuk. datuk hold press conference after agm. before agm got small refreshment, after agm ada makan lagi, not badla........ still got small door gift when register

pawn shop not so fast.......mainly on panther 911 and hotel.

the star is coming back......... attended AGM today

support only now, later is the real show

coming soon..........

with gst coming, 1mdb issue and riggit depreciate........ u will see worst to come on 2nd half.

dont think up will be good, the worst is yet to come.

no hope then dont buy....... no need to talk so much.

will come back soon but not now

not approve then delist lor........apa mau buat??

AGM go there ask him to goreng it......... if not screw up the table

whrere got lifted pn17?? still pn17........... unless new plan come out

not a good thingla...u need to wait for one year as they need to find core business, not RTO. See Bursa will approve the proposed resolution or not. Normally, other companies will submit the plan earlier before the expiry date. Bursa will extend but not so long, normal will be 3 months, 12 months too long.

hazel u already sold, still come back??

ya agree with albukhary. do u still hold digistar???

useless digistar.............

coming and going to shoot up! dont care what bond what lost, it will shoot up anytime!

rebound start but whether is high or not??

on the go?? lets see

comin soonla......... i'm going to agm, show face to datuk and ask him to goreng..........

go check on goggle lah........... very bad words

i will attend the agm...........must ask datuk to goreng up........TP dont know yet.

will be coming back soon....... dont give up!! bad times will past, not every year good time.

top 10 shareholders?? benefits or pay?? i'm not sure but if u're not directors then dont have lol i think

lchits, are u going to attend the AGM???

albukhary, i dont know coz i'm not really sure warrant can vote. u can ask share registra

attend AGM and ask datuk wirala........

lchits not going to AGM??

i think warrant holder cant coz you're not allow to speak and vote during AGM.