Its a safe stock, won't go bust..but may have to hold for some time to see 4.50 again.
If you need urgent and profit/loss, can play Dataprep, Dnex, Dayang and the likes.
Given major correction for the entire Bursa is coming soon, why I say that, coz largest net buyer recently is retailers, and largest net sellers are local funds and foreign funds...major shit is going to hit the fence..and Digi may be a reasonable haven to park your money coz of its reasonable Dividend..besides FD
Telcos are probably affected by low growth as lots of ppl seems already have 2 smartphones. Government policy : Spectrum fees increase during Jibby's tenure limited its ability to pay dividends.
In the past, whenever the KLCI dips, telcos will come to the rescue. Not anymore now. Times have changed.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
bgbk3010
23 posts
Posted by bgbk3010 > 2021-03-05 11:30 | Report Abuse
3.54 looks like no more gas to go up hill...... wth happen to digi??? RSS cant be that long...