Showing posts with label DIGI. Show all posts
Showing posts with label DIGI. Show all posts
April 28, 2015
February 10, 2015
October 21, 2014
April 28, 2014
February 7, 2014
October 29, 2013
July 22, 2013
April 24, 2013
Public Bank cuts DiGi target price
Stock Name: DIGI
Company Name: DIGI.COM BHD
Public Bank Investment Research cut its target price for DiGi.Com Bhd to RM5.40 from RM5.59, saying the telecommunications company's first-quarter results were below expectations.
"We consider the results to be slightly below expectations. We expect its net profit to pick up in the second half, after the completion of its network modernisation and lower sales in subsequent quarters," said Public Bank in a report on Wednesday.
The brokerage maintained an 'outperform' rating on the company.
Revenue for the quarter ended March 31 rose 4.9 per cent to RM1.65 billion on higher data earnings and handset sales, while net profit improved on lower tax expenses and higher depreciation charges.
Shares of DiGi were down 1.08 per cent at RM4.59 ringgit while the benchmark index had gained 0.2 per cent as at 9.39am.-- Reuters
Company Name: DIGI.COM BHD
| Research House: PUBLIC BANK | Price Call: BUY | Target Price: 5.40 |
Public Bank Investment Research cut its target price for DiGi.Com Bhd to RM5.40 from RM5.59, saying the telecommunications company's first-quarter results were below expectations.
"We consider the results to be slightly below expectations. We expect its net profit to pick up in the second half, after the completion of its network modernisation and lower sales in subsequent quarters," said Public Bank in a report on Wednesday.
The brokerage maintained an 'outperform' rating on the company.
Revenue for the quarter ended March 31 rose 4.9 per cent to RM1.65 billion on higher data earnings and handset sales, while net profit improved on lower tax expenses and higher depreciation charges.
Shares of DiGi were down 1.08 per cent at RM4.59 ringgit while the benchmark index had gained 0.2 per cent as at 9.39am.-- Reuters
April 22, 2013
April 10, 2013
Alliance maintains 'neutral' on telco sector
Stock Name: DIGI
Company Name: DIGI.COM BHD
Alliance Research remains 'neutral' on the telecommunications sector given its valuation is not cheap vis-a-vis regional peers.
In a note today it said for the first quarter of this year, Malaysian telcos have largely underperformed the benckmark FTSE Bursa Malaysia KLCI.
"The share performances for Axiata (+0.2 per cent) and Maxis (-0.6 per cent) were relatively in line with the -0.1 per cent decline in the benchmark index but Digi and TM suffered double-digit decline of 12 per cent and 10.8 per cent,
respectively," it added.
Ahead of the 13th general election, it believes investors would be increasingly more cautious as the polling date draws nearer, making the defensive telco sector a good choice for investors to hide from political risks.
"Nonetheless, we like Digi (Trading Buy, with a target price of RM4.95), as we believe it is defensive during the pre-election period and offers potential upside post-election from the passing on of six per cent service tax and capital management initiatives," it said it a note today.
Meanwhile, Kenanga Research reiterates its 'overweight' call on the telecommunications sector while maintaining the telco companies' financial year 2013-2014 earnings estimates.
It said Maxis yesterday introduced its iPhone 5 4G-long-term evolution (LTE) services that operate at 1.8GHz instead of the official 2.6GHz spectrum band assigned by the Malaysian Communication and Multimedia Commission in December.
"We are positive on this latest industry development given the 1.8GHz spectrum could provide wider LTE coverage as well as better indoor signal strength," it said, adding TM, with a target price (TP) of RM6.25, remains its top pick in the sector.
"We also reiterate our 'outperform' calls on Maxis (TP: RM6.75); Digi (TP: RM5.30) and Redtone (TP: RM0.56) while maintaining our market perform rating on Axiata (TP: RM6.60)," it added.-- Bernama
Company Name: DIGI.COM BHD
| Research House: ALLIANCE | Price Call: TRADING BUY | Target Price: 4.95 |
Alliance Research remains 'neutral' on the telecommunications sector given its valuation is not cheap vis-a-vis regional peers.
In a note today it said for the first quarter of this year, Malaysian telcos have largely underperformed the benckmark FTSE Bursa Malaysia KLCI.
"The share performances for Axiata (+0.2 per cent) and Maxis (-0.6 per cent) were relatively in line with the -0.1 per cent decline in the benchmark index but Digi and TM suffered double-digit decline of 12 per cent and 10.8 per cent,
respectively," it added.
Ahead of the 13th general election, it believes investors would be increasingly more cautious as the polling date draws nearer, making the defensive telco sector a good choice for investors to hide from political risks.
"Nonetheless, we like Digi (Trading Buy, with a target price of RM4.95), as we believe it is defensive during the pre-election period and offers potential upside post-election from the passing on of six per cent service tax and capital management initiatives," it said it a note today.
Meanwhile, Kenanga Research reiterates its 'overweight' call on the telecommunications sector while maintaining the telco companies' financial year 2013-2014 earnings estimates.
It said Maxis yesterday introduced its iPhone 5 4G-long-term evolution (LTE) services that operate at 1.8GHz instead of the official 2.6GHz spectrum band assigned by the Malaysian Communication and Multimedia Commission in December.
"We are positive on this latest industry development given the 1.8GHz spectrum could provide wider LTE coverage as well as better indoor signal strength," it said, adding TM, with a target price (TP) of RM6.25, remains its top pick in the sector.
"We also reiterate our 'outperform' calls on Maxis (TP: RM6.75); Digi (TP: RM5.30) and Redtone (TP: RM0.56) while maintaining our market perform rating on Axiata (TP: RM6.60)," it added.-- Bernama
February 7, 2013
February 5, 2013
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