DIGISTAR CORPORATION BHD

KLSE (MYR): DIGISTA (0029)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

Last Price

0.05

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


5 people like this.

5,074 comment(s). Last comment by whistlebower99 2024-07-17 16:26

Posted by Ryan Tan > 2011-11-14 16:32 | Report Abuse

Embracing a new change

nazriwbw80

565 posts

Posted by nazriwbw80 > 2012-01-16 11:34 | Report Abuse

Get a contract from RTM?

Posted by j harcharanjit a/l jalaur singh dhillon > 2012-01-16 13:54 | Report Abuse

it s a black horse

crystal

13 posts

Posted by crystal > 2012-02-02 21:02 | Report Abuse

wait for another rise tomorrow....hopefully

nazriwbw80

565 posts

Posted by nazriwbw80 > 2012-02-03 09:54 | Report Abuse

Looks like promising...

lewistee

22 posts

Posted by lewistee > 2012-02-15 12:19 | Report Abuse

good

chong

3,074 posts

Posted by chong > 2012-02-29 14:59 | Report Abuse

Buy Digista now...cheaper by 2 cents

chong

3,074 posts

Posted by chong > 2012-02-29 15:03 | Report Abuse

Buy now...company buyback is at 54.5 to 55 cents

jamil

17 posts

Posted by jamil > 2012-02-29 15:36 | Report Abuse

buy up increase on volume...hurry !!!!very cheap buy now..

jamil

17 posts

Posted by jamil > 2012-03-02 11:06 | Report Abuse

digistar seeks transfer to main market..buy

chongkonghui

1,117 posts

Posted by chongkonghui > 2012-03-08 14:47 | Report Abuse

Down-trend since a week before announcement of results. Can buy now?

lintze1983

132 posts

Posted by lintze1983 > 2012-04-25 17:35 | Report Abuse

wah.. y no body look at this?

Posted by jihhorng > 2012-05-04 10:58 | Report Abuse

what happen to this counter today?

lintze1983

132 posts

Posted by lintze1983 > 2012-05-04 11:01 | Report Abuse

digista coming

Yuzuki

1,437 posts

Posted by Yuzuki > 2012-05-04 11:03 | Report Abuse

the mother came yesterday, while son was absent, today both mother & son coming together

nazriwbw80

565 posts

Posted by nazriwbw80 > 2012-05-10 00:46 | Report Abuse

Digistar’s order book tops RM60mil

PETALING JAYA: Digistar Corp Bhd’s order book has surpassed RM60mil, which will keep the company busy for the next two years. In a statement, the company said it was actively participating in tenders for RM119mil worth of projects and it had over RM13mil cash in hand to date.

“The board of directors has been working innovatively and aggressively to pursue recurring revenues for the last few years and managed to increase its monthly recurring revenue to about RM500,000,” it said. Digistar and its subsidiaries are involved in supplying, installing and integrating information technology infrastructure across a wide spectrum, including local area networks, interactive media management systems and integrated audio and visual systems.

jjhsn

42 posts

Posted by jjhsn > 2012-05-28 18:26 | Report Abuse

high volumn today, any good news ?

theews82

1,895 posts

Posted by theews82 > 2012-05-28 19:23 | Report Abuse

Transfered to main market...

jjhsn

42 posts

Posted by jjhsn > 2012-05-28 22:41 | Report Abuse

transfered or transfering?

nazriwbw80

565 posts

Posted by nazriwbw80 > 2012-05-29 11:26 | Report Abuse

profit taking?

jjhsn

42 posts

Posted by jjhsn > 2012-05-29 19:12 | Report Abuse

think so, climbed too fast yesterday.

nazriwbw80

565 posts

Posted by nazriwbw80 > 2012-05-30 10:34 | Report Abuse

when they will issue the dividend?

Posted by Chun Seong Loke > 2012-06-05 22:15 | Report Abuse

Today it has break the last support and it's heading down hill for now. I hope it will stop. if i using fibonaci calculation it had drop more than 70% from the last peak was 0.612 and today 0.40. Well i'm still holding the stocks cause i think it will fly very soon.

Posted by namzaron72 > 2012-06-14 11:30 | Report Abuse

go..go..digista..:)

jjhsn

42 posts

Posted by jjhsn > 2012-06-14 12:03 | Report Abuse

aplication to main board approved.

Posted by namzaron72 > 2012-06-14 12:53 | Report Abuse

will fly soon??..

Posted by 12345678 > 2012-06-15 11:47 | Report Abuse

hope......

nazriwbw80

565 posts

Posted by nazriwbw80 > 2012-06-15 15:12 | Report Abuse

oops suddenly up ka?

Nancy Yap

62 posts

Posted by Nancy Yap > 2012-06-22 11:59 | Report Abuse

Anyone still holding this counter?
Fly halfway only..

Nancy Yap

62 posts

Posted by Nancy Yap > 2012-06-22 12:03 | Report Abuse

Bro Chong, I'm doing some summer-wardrobe-clean-up of my share holding portfolio, shall I still keep this counter or dispose??

qamat88

18 posts

Posted by qamat88 > 2012-06-22 14:39 | Report Abuse

hold or sell...do know what to do..

Nancy Yap

62 posts

Posted by Nancy Yap > 2012-06-25 16:15 | Report Abuse

transfering to main baord on 28th, so any good sign ?

qamat88

18 posts

Posted by qamat88 > 2012-06-25 17:32 | Report Abuse

wait untill 29th...

Posted by namzaron72 > 2012-06-27 10:37 | Report Abuse

go..go..digista..

chong

3,074 posts

Posted by chong > 2012-07-01 16:56 | Report Abuse

Time for me to collect some Digista & it's son.Price is almost at it's low and so it's collection time. So far this year there had not been any shares buyback and can say that the 2nd half of 2012 might begin with a bang....let's hope for the best for this money making counter starting the 1st day of trading for 2nd half of 2012.

Cheers.

chong

3,074 posts

Posted by chong > 2012-07-01 17:06 | Report Abuse

Digista got lots of orders including orders from Astro.Digista is a good company, solidly sound & a potential market too as the government want to transfer from analogue to digital for RTM....think of the amount of money involve.

Disgista is just 3 days in the 1st board, let the dust settle first we we may see it shooting North....cheers.

chong

3,074 posts

Posted by chong > 2012-07-01 17:09 | Report Abuse

Digistar Corp Bhd’s order book has surpassed RM60mil, which will keep the company busy for the next two years. In a statement, the company said it was actively participating in tenders for RM119mil worth of projects and it had over RM13mil cash in hand to date.

“The board of directors has been working innovatively and aggressively to pursue recurring revenues for the last few years and managed to increase its monthly recurring revenue to about RM500,000,” it said. Digistar and its subsidiaries are involved in supplying, installing and integrating information technology infrastructure across a wide spectrum, including local area
networks, interactive media management systems and integrated audio and visual systems.

chong

3,074 posts

Posted by chong > 2012-07-01 17:15 | Report Abuse

The migration from analogue to digital television transmission has everyone excited over who will be given the coveted government contract, estimated to be worth RM2 billion.
ACE market-listed Digistar Corp Bhd is one of those companies that are looking to be involved in the project once the government announced the contract.

Digistar director Tan Sri Zaman Khan expressed hope that the government would give preference to local and homegrown companies
with the experience, expertise and know-how.

“The government needs to do more to nurture local companies
to become world-class companies. For example, TATA Group of
India, which started off as a truck company, has expanded
to become the country’s top IT company with the support of
the Indian government,” he said in an interview with Business Times, recently.

Currently, the market talk is that tycoon Tan Sri Syed Mokhtar Albukhary, through his privately held entity Puncak Semangat Sdn Bhd, had been promised the job by the government.

It is also learnt that Puncak Semangat had gone on a recruitment drive to hire engineers by teaming up with local universities to
train talent.

Digistar managing director Datuk Lee Wah Chong said the company was preparing for the conversion project, in the event that it was able to land a part of the contract.

“We very much would like to supply for that job and we are talking with several companies. It would also help Digistar’s future earnings if it was involved in the project.”

Lee said the company was also in the midst of starting a subsidiary in Singapore early next year to bid for similar jobs in the region.

"All TV stations will have to switch to the digital system by 2015 as no equipment for the analogue system will be produced any more," he added.

Digistar is involved in, among others, the design, supply, installation and integration of IT infrastructure; teleconferencing; interactive media management systems; radio and television news automation; telecommunications systems; and other related electronic systems.

Lee also spoke on the problem of brain drain in Malaysia, saying it was slowing eating into the productivity of local companies, including Digistar.

"The government should provide more support to small- and medium-sized enterprises (SMEs). The growth of SMEs will help reduce and reverse the brain drain.

"In Japan and Taiwan for example, local SMEs get more projects and contracts compared with foreign companies," he said.

chong

3,074 posts

Posted by chong > 2012-07-01 17:18 | Report Abuse

Among jobs taken......see who are the clients......

* Astro Malaysia
Malaysia’s premiere satellite TV and Radio provider
* Radio Television Malaysia
Malaysia’s national TV station
* Malaysia Science Centre
Kuala Lumpur
* Securities Commission Malaysia
Kuala Lumpur
* Putrajaya International Convention Center
Putrajaya
* Malaysia External Trade Development Corporation (MATRADE)
Kuala Lumpur
* Malaysia National Mosque
Kuala Lumpur
* Malaysia Heart Institute
Kuala Lumpur
* Tropicana Medical Centre
One Of The Latest, Modern & Exclusive Private Hospital In Malaysia
Selangor
* Hospital University Kebangsaan Malaysia
Kuala Lumpur
* Malaysia Multimedia University
Cyberjaya & Malacca
* University Tenaga National (UNITEN)
Bangi
* Hospital Selayang Selangor
Kuala Lumpur
* Sunway Medical Centre Bandar Sunway
Petaling Jaya
* Technology Park Malaysia Bukit Jalil
Kuala Lumpur
* Shah Alam Sessions Court
Shah Alam
* Perak State Mosque
Perak
* Pahang State Mosque
Pahang
* Arkib Negara
Kuala Lumpur
* Memorial Tunku Abdul Rahman
Kuala Lumpur
* Public Service Department Of Malaysia (JPA)
Putrajaya.
* Hospital Serdang
Selangor
* Hospital Sungai Buloh
Selangor


Good , isn't it!!

chong

3,074 posts

Posted by chong > 2012-07-01 17:23 | Report Abuse

Something old from my files.....dig out for all...


Undervalued; worth 86 sen i.e. 82% upside. Digistar’s ratings are still cheap at 5.6x
CY12 FD P/E compared to 11-12x for the media stocks under our coverage. While a
discount is warranted given its small-cap status, it should not trade at such a hefty
discount given its high trading liquidity, strong 3-year EPS CAGR of 93.6% and 9.4
sen net cash per share. Applying a 30% discount to our 14.5x target P/E for other
media stocks in view of its smaller market capitalisation, we arrive at a target P/E of
10.2x. This suggests that the stock could be worth 86 sen based on the estimated FD
CY12 EPS of 8.4 sen, which factors in 90m outstanding warrants with a strike price of
16 sen. This implies lofty share price upside of 82%. Our sensitivity analysis shows
that the stock could be worth 98 sen if we tag a 20% discount to the target P/E.
Potential re-rating catalysts include project wins and rising investor awareness.

chong

3,074 posts

Posted by chong > 2012-07-01 17:28 | Report Abuse

Yes, this is an undervalued company & mind you 5 years WITHOUT TAXES on whatever Digista earns.


Yes, Digista like all MSC status company enjoys 5 years of non taxation on all it's earnings or profits & duty-Free importation of multimedia equipment (DFI).

......now isn't this super?? Yes, this is some sort of a pioneer status like company & moreover after the 5 year period, I think they can ask or apply for another extension. drool.gif

So every cent earn is masuk pocket......tanpa bayaran apa apa to the Income Tax Department.........memang seronok.

http://i5.photobucket.com/albums/y193/chongwah/digista-1.png

Cheers.

keew

9 posts

Posted by keew > 2012-07-01 21:36 | Report Abuse

bro Chong, which Digista son should I look at? Tq.

chong

3,074 posts

Posted by chong > 2012-07-01 22:38 | Report Abuse

There is only 1 son and that is WA at 33.5 cents now. Exercise price is 16 cents, Conversion Ratio 1:1 ; Expiry Date 7/2/2012 ; Premium 8.29

Cheers

keew

9 posts

Posted by keew > 2012-07-01 22:49 | Report Abuse

Bro Chong, expiry year 2013 you mean?

chong

3,074 posts

Posted by chong > 2012-07-02 00:43 | Report Abuse

Brother keew , so sorry for the typo error , my apologies. ...actually expiry date is 7/2/2017....year 2017, long way to go.

Cheers.

beginner_1

291 posts

Posted by beginner_1 > 2012-07-02 09:29 | Report Abuse

bro chong, then this counter is ok to buy?

Nancy Yap

62 posts

Posted by Nancy Yap > 2012-07-02 09:31 | Report Abuse

I do keep some in 0.425

beginner_1

291 posts

Posted by beginner_1 > 2012-07-02 10:46 | Report Abuse

long term or short term investment?

keew

9 posts

Posted by keew > 2012-07-02 12:58 | Report Abuse

that's good, tq bro chong!

qamat88

18 posts

Posted by qamat88 > 2012-07-02 21:27 | Report Abuse

good info bro chong...we look n see it booming

Post a Comment
Market Buzz