Booking.com

Booking.com

Favorite Links

Tuesday, July 25, 2017

DIGI Updates – 24 Jul 2017 - L. C. Chong

Author: Tan KW | Publish date: Mon, 24 Jul 2017, 11:22 PM

DIGI Analysis File – http://wp.me/a17Hxk-2IA

As a follow up to DIGI Updates – 21 Apr 2017, based on Q1 and Q2 FY17 results, I have updated financial modelling for DIGI by making couple of major adjustments, such as:
Higher depreciation
Higher capex
Lower revenue projection

After the adjustments, fair value of DIGI is around 4.6 which is overvalued (4.8 as of 24 Jul 2017). As of now, I won’t consider to accumulate DIGI, but to hold it for extremely high dividend yield as my average cost for DIGI is almost free.

https://lcchong.wordpress.com/2017/07/24/digi-updates-24-jul-2017/

No comments:

Post a Comment