Beside involving in tech since 1982, Digistar Corp also involve in property and hospitality. They own Imperial Heritage Hotel in Melaka (New Hotel) with worth of RM62M.
To Directors of Digistar, Why the shareholders suffering when the company is doing good. I have been holding your shares for very long and i hope something good will happen soon.
I already said I'm selling on 19/2, 1pm. You have enough time to sell above 0.10. Only yourself too greedy still hold. If you can't judge whether the counter is still good or not just follow my sell call. Your stubbornness let you down and become tailangong. Same to Mtronic also, I start to sell from 0.19 and asked all to sell. Those over clever one become crab. My initial tp for this counter is 0.20 but when things not right, you hv to quickly make decision especially for these type of penny counters. Be flexible in share market not kepala batu.
You can buy the share, and waiting for syndicate to goreng. But never put hope on their business, it will never turnaround.
You know there are so many F&B takeaway & delivery system / platform in the market d, where got space for Digista?
All the big player are still on burning money stage, food panda, grab food all are still burn money. Everyday give you free voucher, free delivery.. you thought all these promotion is come from the merchant? No, all promotion is funded by the platform, which mean grab / foodpanda is the one funded for it. How much digista have budget to play this game.
Grab / Foodpanda / Shopeepay / TNG there all allocated RM100mil++ for promotion & rebate, how much digista can offer? RM2mil or Rm3mil?
Same for the CCTV business, no one will spend Rm100-200 per month to subscribe for this services. Now every house just buy the Xiaomi / HK vision CCTV from shopee and install on their own, with cost around RM100-200 only, can last for at least 1-2 years.
The right issue just raised RM13mil, just enough to pay his n his family salary, 1 year RM3mil, maybe enough for 3-4 years la. Beside that, Dato still have personal Orchard Wellness resort also need a lot of money to support, probably need to burn another 2-3mil from Digista to subsidy that resort business.
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