Not a good time to buy and not a good price to buy. Too expensive as the PER 29.98. As the growth rate is flat, you have to hold for long term for the price to appreciate. Last qtr profit down -38% compares with preceding qtr. Also price war among the telco companies. The dividend yield may drop further in future as the profit is dropping.
Stock: [CDB]: CELCOMDIGI BERHAD
2013-03-13 11:04 | Report Abuse
Not a good time to buy and not a good price to buy. Too expensive as the PER 29.98. As the growth rate is flat, you have to hold for long term for the price to appreciate. Last qtr profit down -38% compares with preceding qtr. Also price war among the telco companies. The dividend yield may drop further in future as the profit is dropping.