PureBULL Bursa-Trader Blogspot
KLSE MARKET STRATEGY & GUIDANCE
Monday, 10 December 2012
DIGI TO TAKE IMPACT OF TIMECOM'S NEWS
Dec 11, 2012 10:26 AM
If we read the current news from Timecom in perspective, it is certainly not good for Digi prices in the interim period.
Timecom being a single BIG s/holder is distributing Digi stocks to all its say 10,000 or more s/holders.
This exercise will damaged Digi's s/holder structure for a while.
Supply in terms of more sellers will increase n thus Digi might not command such high historical valuation going forward...
Might have to time the best exit within the month/s even before the arrival of those marketable stocks.
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