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/
