CELCOMDIGI BERHAD

KLSE (MYR): CDB (6947)

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Last Price

3.54

Today's Change

+0.01 (0.28%)

Day's Change

3.51 - 3.56

Trading Volume

2,888,500


23 people like this.

6,165 comment(s). Last comment by dompeilee 4 days ago

Posted by peterlaumy > 2021-03-20 16:32 | Report Abuse

3块8我要下车先

aliyusof

1,393 posts

Posted by aliyusof > 2021-03-22 07:54 | Report Abuse

EPF on a buying spree on Digi per Bursa Announcements

Bolo88

163 posts

Posted by Bolo88 > 2021-03-24 09:08 | Report Abuse

Dont worry this stock can buy for future

fortunefire

1,453 posts

Posted by fortunefire > 2021-03-24 09:27 | Report Abuse

breaking 3.6..... on the way to 3.5....

bgbk3010

23 posts

Posted by bgbk3010 > 2021-03-24 10:40 | Report Abuse

stuck at 3.60.... wt the hell digi? used to be 4 plus

Posted by peterlaumy > 2021-03-25 16:27 | Report Abuse

Starlink is killing all telcos

kens88

698 posts

Posted by kens88 > 2021-03-25 16:56 | Report Abuse

top up at 3.4

numberone

372 posts

Posted by numberone > 2021-03-26 16:15 |

Post removed.Why?

Ron90

4,082 posts

Posted by Ron90 > 2021-03-26 16:50 | Report Abuse

nice close

Ron90

4,082 posts

Posted by Ron90 > 2021-03-26 16:54 | Report Abuse

huge buying ..

lMMMl

39 posts

Posted by lMMMl > 2021-03-26 17:03 | Report Abuse

sold at 3.78 thansk for the dividend

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-27 09:46 | Report Abuse

S&P 500 closes at a record, Dow jumps 450 points as stocks rally in the final minutes of trading

(PUBLISHED THU, MAR 25 20216:06 PM EDTUPDATED FRI, MAR 26 20214:31 PM EDT)

U.S. stocks climbed on Friday, finishing the volatile week on a high note as stocks benefiting from a successful economic reopening outperformed again.

The Dow Jones Industrial Average closed 453.40 points higher, or 1.4%, to 33,072.88. The blue-chip benchmark was up only 65 points earlier in the day. The S&P 500 rose 1.7% to 3,974.54, hitting a record closing high and bringing its 2021 gains to 5.8%. The Nasdaq Composite erased a 0.8% loss and ended the session 1.2% higher to 13,138.72.

All three major benchmarks rallied to their session highs into the close with the Dow jumping tacking on more than 150 points in the final 8 minutes of trading. It was broad-based late buying. Beaten-up tech like Apple rallied into the green in the final minutes. Banks, energy and materials were all big winners in the final minutes and on the day.

President Joe Biden on Thursday announced a new goal of having 200 million Covid vaccination shots being distributed within his first 100 days in office. As of Friday, 100 million coronavirus vaccinations had been given since Biden was inaugurated.

Financial stocks rose after the Federal Reserve announced that banks could resume buybacks and raise dividends starting at the end of June. The central bank originally said it would lift pandemic era restrictions in the first quarter, but even the delayed move gives investors more clarity. Shares of JPMorgan rose 1.7%, while Bank of America advanced 2.7%.

Fears of rising inflation eased after data showed tame price pressures. The core personal consumption expenditure price index, which strips out volatile food and energy prices, rose 0.1% month over month, matching expectations from economists polled by Dow Jones. Year over year, the gauge climbed 1.4%, slightly lower than a 1.5% estimate.

“Softer-than-expected PCE deflator data support the idea that Treasury yields will likely consolidate over the short-term,” said Edward Moya, senior market analyst at Oanda. “The lower the baseline for inflation, the easier markets can become convinced that the upcoming pricing pressure surge will be transitory.”

The 10-year U.S. Treasury yield came off its high following the inflation data, and inched back up throughout the day. The benchmark rate rose 6 basis points to 1.67%.

Meanwhile, consumer sentiment in the U.S. continued to rise amid the vaccine rollout. A University of Michigan survey released Friday showed the final reading of the index of consumer sentiment was 84.9 in March, up from 76.8 in February. Economists polled by Dow Jones expected a reading of 83.7.

The Dow and the S&P 500 posted modest gains for the week, up 1.4% and 1.6%, respectively. The Nasdaq fell 0.6% on the week, however. The market rally has slowed down in recent weeks as rising interest rates and valuation concerns hit tech names.

“The market has felt like more of a grind lately, and this may become more of the norm as we enter year two of the recovery,” said Larry Adam, chief investment officer at Raymond James. “These periods, like most, do not move in straight lines, as drawdowns will occur along the way. This is not troubling, but investors should expect some weakness and take advantage as it occurs.”


## https://www.cnbc.com/2021/03/25/stock-market-open-to-close-news.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-27 09:47 | Report Abuse

OMG...Monday global market will follow US sentiment to surge further...


CHEERS............

Power888

90 posts

Posted by Power888 > 2021-03-28 11:50 | Report Abuse

4 塊錢 .... 冲冲冲 !!!

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-28 14:02 | Report Abuse

More Than 528 Million Shots Given: Covid-19 Tracker

In the U.S., 140 million doses have been administered; rollout goes global

(Updated: March 28, 2021, 8:06 AM GMT+8)


The biggest vaccination campaign in history is underway. More than 528 million doses have been administered across 141 countries, according to data collected by Bloomberg. The latest rate was roughly 13.8 million doses a day.

In the U.S., more Americans have received at least one dose than have tested positive for the virus since the pandemic began. So far, 140 million doses have been given. In the last week, an average of 2.68 million doses per day were administered.


## https://www.bloomberg.com/graphics/covid-vaccine-tracker-global-distribution/

Keyman188

5,968 posts

Posted by Keyman188 > 2021-03-28 14:02 | Report Abuse

Israel successfully vaccinated...

US faster than expected...

Power888

90 posts

Posted by Power888 > 2021-03-29 20:35 | Report Abuse

期待4塊錢的到来 , 加油 !!

numberone

372 posts

Posted by numberone > 2021-03-29 22:03 |

Post removed.Why?

Bolo88

163 posts

Posted by Bolo88 > 2021-03-30 00:28 | Report Abuse

Can go back 4.2soon lo

Power888

90 posts

Posted by Power888 > 2021-03-30 22:40 | Report Abuse

Break tp 4

Power888

90 posts

Posted by Power888 > 2021-03-30 22:42 | Report Abuse

Break tp 4 is just matter of time

fortunefire

1,453 posts

Posted by fortunefire > 2021-03-31 11:36 | Report Abuse

just received the dividend. not much tho...

kens88

698 posts

Posted by kens88 > 2021-03-31 16:07 | Report Abuse

Break 3.4 you mean?

numberone

372 posts

Posted by numberone > 2021-03-31 21:16 |

Post removed.Why?

fortunefire

1,453 posts

Posted by fortunefire > 2021-04-01 09:55 | Report Abuse

will digi price drop further if the merger between axiata and digi can be materialized?

Fklim888

1,613 posts

Posted by Fklim888 > 2021-04-01 17:11 | Report Abuse

Rm3.90 at least for digi now. lol

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 07:33 | Report Abuse

Dow climbs 370 points to close at a record high amid optimism on the economic recovery

(PUBLISHED SUN, APR 4 20216:03 PM EDTUPDATED MON, APR 5 20214:06 PM EDT)

U.S. stocks climbed to record highs on Monday as a strong bounce in U.S. job growth and solid data in the services sector raised expectations for a swift economic recovery from the pandemic.

The Dow Jones Industrial Average rose 373.98 points to 33,527.19, a record closing high. The S&P 500 gained 1.4% to 4,077.91, also hitting a new record close. The tech-heavy Nasdaq Composite also climbed 1.7% to 13,705.59.

The Labor Department reported Friday that nonfarm payrolls increased by 916,000 in March, the highest since August 2020, while the unemployment rate fell to 6%. Economists surveyed by Dow Jones were expecting an increase of 675,000 and a jobless rate of 6%.

Meanwhile, a measure of U.S. services industry activity soared to a record high in March. The Institute for Supply Management’s non-manufacturing activity index jumped to a reading of 63.7 last month, the highest level in the survey’s history.

“A ‘Capital V’ recovery that is in the early innings,” said Tony Dwyer, Canaccord Genuity’s chief market strategist. “The only thing that could stand in the way would be another shutdown of the economy to contain new Covid-19 strains or a policy mistake by the Fed. Neither appear imminent.”

Tesla shares popped more than 4% as the electric vehicle company reported production and delivery figures that broadly beat expectations.

GameStop shares cut their double-digit losses and closed down about 2% after the video game retailer said it may sell up to $1 billion worth of stock.

Classic reopening plays like airlines and cruise operators outperformed. Delta Airlines and United jumped more than 2% each, while Carnival and Norwegian Cruise Line gained 4.7% and 7.2%, respectively.

Bond yields, whose sudden advance spooked some investors in recent weeks, continued to ease. The 10-year Treasury yield fell slightly to 1.71% on Monday.

“We expect equities and other risk assets to be supported by the new nominal — a more muted response of government yields to stronger growth and higher inflation than in the past as central banks lean against any sharp yield rises,” Wei Li, global chief investment strategist at BlackRock, said in a note.

The stock market is building on its recent strength after President Joe Biden introduced his multitrillion-dollar infrastructure proposal, which focuses on rebuilding roads, bridges and airports, expanding broadband access and boosting electric vehicle use and updating the country’s electric grid. The plan will be funded partly by a hike in the corporate tax rate to 28%.

Treasury Secretary Janet Yellen on Monday pushed for a global minimum corporate tax in an effort to keep companies from relocating to find lower rates.

However, Biden’s plan faces opposition among Republicans as the $2 trillion plan includes initiatives that they say extend beyond traditional infrastructure issues.

Republican Sen. Roy Blunt of Missouri on Sunday urged the Biden administration to pare back the package to roughly $615 billion and concentrate on physical infrastructure such as roads and airports.

Senate Minority Leader Mitch McConnell, R-Ky., said last week that Biden’s plan would not receive Republican support and vowed to oppose the broader Democratic agenda.

On the pandemic front, the U.S. reported another daily record of new Covid vaccinations Saturday, pushing the weekly average of new shots per day above 3 million.

## https://www.cnbc.com/2021/04/04/stock-market-futures-open-to-close-news.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 07:33 | Report Abuse

Really strong recovery road...

Posted by davidcopper > 2021-04-06 18:23 | Report Abuse

comment so funny

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 20:46 | Report Abuse

Yes...Keyman188 always funny...

Please don't jealous...

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 20:46 | Report Abuse

IMF increases global growth forecast and says a way out of the crisis is ‘increasingly visible’

(PUBLISHED TUE, APR 6 20218:31 AM EDTUPDATED TUE, APR 6 20218:38 AM EDT)

~ The latest round of fiscal stimulus in the U.S. along with the vaccine rollouts across the world have made the Fund more confident about the global economy this year.

~ The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.


LONDON — The International Monetary Fund is now expecting a stronger economic recovery in 2021 as Covid-19 vaccine rollouts get underway, but it warns of “daunting challenges” given the different rates of administering shots across the globe.

On Tuesday the group said it expects the world economy to grow by 6% in 2021, up from its 5.5% forecast in January.

Looking further ahead, global GDP (gross domestic product) for 2022 is seen increasing by 4.4%, higher than an earlier estimate of 4.2%.

“Even with high uncertainty about the path of the pandemic, a way out of this health and economic crisis is increasingly visible,” Gita Gopinath, the IMF’s chief economist, said in the latest World Economic Outlook report.

The latest round of fiscal stimulus in the U.S., along with the vaccine rollouts across the world, have made the fund more confident about the global economy this year.

“Nonetheless, the outlook presents daunting challenges related to divergences in the speed of recovery both across and within countries and the potential for persistent economic damage from the crisis,” Gopinath also said.

The IMF estimated a 5.1% GDP rate for advanced economies this year, with the United States growing at a pace of 6.4% in 2021.

Meanwhile, the forecast for emerging and developing economies is 6.7% in 2021, with India expected to grow as much as 12.5%.

“Within-country income inequality will likely increase because young workers and those with relatively lower skills remain more heavily affected in not only advanced but also emerging markets and developing economies,” Gita warned, while also adding that lower levels of female employment is exacerbating disparities too.

As a result, the IMF said that governments should continue to focus on “escaping the crisis” by providing fiscal support, including to their healthcare systems. In a second phase, “policymakers will need to limit long-term economic scarring” from the crisis and boost public investment, for instance.

“Without additional efforts to give all people a fair shot, cross-country gaps in living standards could widen significantly, and decades-long trends of global poverty reduction could reverse,” Gopinath warned.

Recovery in the U.S.

The latest forecasts suggest the United States is well placed to experience a solid economic recovery in 2021, in contrast to what’s expected for most of the world, where many economies are likely to take longer to return to their pre-crisis levels.

The positive assessment for the U.S. is highly driven by President Joe Biden’s $1.9 trillion coronavirus rescue package, which entered into force last month.

As such, unemployment in the United States is expected to fall from 8.1% in 2020 to 5.8% this year and then again to 4.1% in 2022, according to the latest IMF projections.

Back in February, Treasury Secretary Janet Yellen said the U.S. could return to full employment in 2022. “There’s absolutely no reason why we should suffer through a long slow recovery,” she told CNN at the time.

The IMF’s latest forecasts confirm that the U.S. is on track to not only return but surpass its pre-Covid levels this year.

“Among advanced economies, the United States is expected to surpass its pre-Covid GDP level this year, while many others in the group will return to their pre-COVID levels only in 2022,” Gita said.


## https://www.cnbc.com/2021/04/06/imf-world-economic-outlook-april-2021-global-gdp-to-hit-6percent.html

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-06 20:46 | Report Abuse

Global economy driven by US & China upcoming...

Selina888

306 posts

Posted by Selina888 > 2021-04-06 21:39 | Report Abuse

Hopefully can go past 3.80 tomorrow.

Posted by supermaxdarren > 2021-04-07 15:39 | Report Abuse

what happen to our malaysia telco??? 5g rolling out and these wireless telco should benefited but the share price going the other way....

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-07 22:21 | Report Abuse

JPMorgan’s Dimon Says ‘This Boom Could Easily Run Into 2023’

(April 7, 2021, 6:10 PM GMT+8Updated on April 7, 2021, 9:39 PM GMT+8)


Jamie Dimon said he’s optimistic the pandemic will end with a U.S. economic rebound that could last at least two years.

“I have little doubt that with excess savings, new stimulus savings, huge deficit spending, more QE, a new potential infrastructure bill, a successful vaccine and euphoria around the end of the pandemic, the U.S. economy will likely boom,” the JPMorgan Chase & Co. chief executive officer said Wednesday in his annual letter to shareholders. “This boom could easily run into 2023.”

Unprecedented federal rescue programs have blunted unemployment and averted further economic deterioration, according to Dimon, who said banks entered the crisis strong and able to help communities weather the storm. While lenders also benefited from U.S. stimulus, they built up buffers against future loan losses and performed well in stress tests, he said.

Dimon also pointed to U.S. consumers, who used stimulus checks to reduce debt to the lowest level in 40 years and stashed them in savings, giving them -- like corporations -- an “extraordinary” amount of spending power once lockdowns end. The latest round of quantitative easing measures will have created more than $3 trillion in deposits at U.S. banks, a portion of which can be lent out, he said.

It could all add up to a Goldilocks moment, according to Dimon, where growth is fast and sustained while inflation ticks up gently. Threats to that outcome include virus variants and a rapid or sustained jump in inflation that prompts rates to rise sooner.

At 65, Dimon is the most prominent executive in global banking, serving as a spokesman for the industry while leading a titan of both Wall Street and consumer lending. He’s run the company since the end of 2005, and is the only CEO still at the helm after steering a major bank through the financial crisis.

The 65-page letter (plus a page of footnotes) is Dimon’s longest yet, following last year’s abbreviated one that came less than a week after he returned to work from emergency heart surgery. As always, it is wide-ranging, touching on topics from financial regulation to China to inequality and institutional racism.


## https://www.bloomberg.com/news/articles/2021-04-07/dimon-says-fintech-and-big-tech-are-here-as-banks-lose-ground?srnd=premium-asia

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-07 22:21 | Report Abuse

Global market is booming soon...

Bolo88

163 posts

Posted by Bolo88 > 2021-04-07 23:33 | Report Abuse

wah 4.2 soon?

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-08 08:19 | Report Abuse

Axiata & Digi both suspended at the same time...

Is it merger talk emerged again !!!...........

Fklim888

1,613 posts

Posted by Fklim888 > 2021-04-08 08:59 | Report Abuse

wow... suspended resume... soon?

Posted by supermaxdarren > 2021-04-08 09:13 | Report Abuse

most probably merging

fortunefire

1,453 posts

Posted by fortunefire > 2021-04-08 09:42 | Report Abuse

just notice that the counter got suspended..... will the price drop tomorrow?

Marketsifu

142 posts

Posted by Marketsifu > 2021-04-08 09:47 | Report Abuse

Waiting for merger news

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-04-08 10:36 | Report Abuse

Haha suspended then maxis up

Keyman188

5,968 posts

Posted by Keyman188 > 2021-04-08 10:39 | Report Abuse

Celcom Axiata to merge with Digi.Com, say sources

(theedgemarkets.com / April 08, 2021 10:32 am +08)

KUALA LUMPUR (April 8): Celcom Axiata Bhd, a unit of Axiata Group Bhd, is merging with Digi.Com Bhd to create the biggest mobile service provider in Malaysia, according to sources familiar with the telcos.

This time round it is the merger of the operations in Malaysia, unlike the previous mega-merger plan that Axiata and Digi.Com’s parent Telenor had previously tried to merge the operations in Asia region.

“The merger will bring in financial benefits although each party will not hold a controlling stake in the merged entity… the merger should be evaluated in the financial benefits,” said a source.

As the high growth era is over in the mobile service industry that requires large capital expenditure, merger to achieve economy of scale is seen to be a logical move going forward, said analysts.

Furthermore, analysts noted mega merger of the regional operations is far more complicated as regulatory approvals are required.

Trading in the shares of Axiata Group and Digi.Com have been suspended this morning pending an announcement.

In separate filings to the stock exchange this morning, the companies said that accordingly, all structured warrants relating to Digi.Com will also be suspended at the same time.

Axiata will hold a media briefing this afternoon.

The trading suspension of the two telcos has sparked fresh speculation in the market given that Axiata and Digi.Com's parent Telenor were in merger talks before but negotiation fell through.

To recap, Axiata and Digi’s Norwegian parent Telenor ASA mutually agreed to terminate their mega-merger to consolidate both telecommunication giants’ operations in Asia after about four months of negotiation in 2019.

In May 2019, Axiata announced that it was in talks with Telenor to merge their operations in Asia, resulting in Telenor being the majority shareholder of the global Merged entity, and anticipated to own 56.5% and Axiata holding 43.5%.

The proposed merger would result in the emergence of Asean’s largest telecommunication company, with a pro forma revenue of RM50 billion and a net profit of RM4 billion.


## https://www.theedgemarkets.com/article/celcom-axiata-merge-digicom-say-sources

Junichiro

2,057 posts

Posted by Junichiro > 2021-04-08 11:17 | Report Abuse

The last time they failed to merge cos the merger includes Axiata's Indonesia arm. Indonesia objected to the merger because EU banned palm oil.
I wonder this time around if the merger is exclusively its Malaysia operations.

Stockisnotfun

5,143 posts

Posted by Stockisnotfun > 2021-04-08 11:19 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 1,500,000 shares on 31-Mar-2021.

EPF acquired means the news is true already. EPF won't collect without news one.

pharker

1,089 posts

Posted by pharker > 2021-04-08 11:44 | Report Abuse

Yes only Malaysian operations according to The edge

pharker

1,089 posts

Posted by pharker > 2021-04-08 11:48 | Report Abuse

The proposed merger would result in the emergence of Asean’s largest telecommunication company, with a pro forma revenue of RM50 billion and a net profit of RM4 billion.

Calvin882

1,562 posts

Posted by Calvin882 > 2021-04-08 13:27 | Report Abuse

Good news

pharker

1,089 posts

Posted by pharker > 2021-04-08 13:30 | Report Abuse

Yes indeed. Good news for Digi

Congrats to those who hv been collecting

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