new norm, almost everything will be conducted online... stick to telecomunication stock.. the world is changing fast due to pandemic. Even Warrent buffet buying big
- Post paid subscription naik from last year 1Q/2020 (early covid 3.061m) ke 1Q/2021 (3.090)..means DIGI more popular la. Post paid, means will bayar every month , not like pre-paid.
- internet up 2.4% and 4G up 2.4%, both up again conforming Digi performance up even in Covid time. This continuous MCO..raya time sure lagi banhyak video and data needed for communication.
- The most importiant goodie.. 3.4 cents Dividen..fat one, sure institutional fund like EPF will borng more to get part of the 279m distribution in June this year.
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.
"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."
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..
I think maybe EPF just profit taking those shares that they bought at 3.60.. then they will buy back in again later.. it's normal, but so far movement is quite organic..
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....
Ron90
3,755 posts
Posted by Ron90 > 2021-04-19 09:54 | Report Abuse
i believe EPF is accumulating again this stock..look at the price movement..batch by batch buying in big volume.