@mm310

"The Board of Digi.Com Berhad has been informed that Telenor and Axiata will work towards finalizing agreements in relation to the proposed transaction within the second quarter of 2021 following due diligence."

https://www.digi.com.my/about-us/media/press-releases/en/digi%27s-largest-shareholder-telenor-and-axiata-advanced-discussions

They announced that they will finalise the agreement within second quarter. June is the last month left in Q2, so expect it to be either next week to max 4 weeks from now... Price already got momentum above 4.25..

Ya, June sign mou.. it's in the news. Momentum starting to pick up already, epf also accumulate already when it went down last week.. Non stop picking cheap Digi shares everyday.

@py1818 if you see the news conference, VSS is most likely going to be part of the plan. Look at slide number 3 https://www.lowyat.net/amp/2021/236963/celcom-digi-merge-again-official/

Means they will further cut redundant cost which will help earnings. Look at today volume, epf and big funds sapu, surely have high probability of merger. It will hover until June then u will see rocket reach the moon when MCMC announce confirmation.

If going by latest reported earnings from 2020 covid, the merger would most probably push share price above double the current value because both telco earnings almost the same, meaning double profit = double dividend. The question is, after merger and reissuance of new shares, what's the par value and what's the quantity of new shares issued. Now too early to tell, but the value will double, just don't know the price per share until they reveal the quantity and new capital of the merger.

Digi ebitda is 800m from annual report. Celcom is sightly lower but almost the same as well.

Now when both merged into one company, the subscribers are lumped together. The earnings are combined as well, which makes it just a little less than double. The dividend will also increase almost double.

Blind man also can tell you shares will rocket to the moon. Shareholders confirm will approve this no brainer. The only hurdle is MCMC approval lo..