That is correct, they did a capital repayment of 2 sen and share consolidation 5 into 1, I think trying to rid themselves away from being view as a 'punter' stock...

While it is true that time.com is a GLC company (Khazanah has a stake), this should not be the reason for the seemingly low valuation - look at Telekom's share price performance, a GLC company but share price has doubled over the past 18 months! It is now trading at, I think, around 24x-26x PER with a 6-7% yield....

A good indicator will be to track when Time.com starting to sell its Digi shares again and to monetaise this asset on their balance sheet....and they do sell, remember they used to own 5% before.

I believe it is just that not many people know that the company has been transformed somewhat and the old stigma continue to lingers...

An alternative and cheaper entry into DIGI is to look at Time.com which owns 3.5% of DIGI (worth RM1.5bn) and time.com's market cap is only at RM1.96bn. In another word, the remaining business of Time.com is only price at RM460m....those businesses are generating about RM280m per annum (after taking out DIGI div of around RM50-70m per annum)

"Time.com" for a re-rating soon?