If digistar can obtain some comment from icon8888 sifu , I'm believed this counter will rocket fly Tmr ..based on accumulated 3 quarters profit =2.85 eps the share price only at 6.8 pe ration which is very low . Assuming next week 4th quarter eith good profit again with eps 1 cent ..the share price is really deeply under value . For current share price 19.5 cent .i m strongly believed is value buy .. Icon8888 sifu , can u comment on this counter and let us learn from u and follow ur word.
Heng Kee, Emico has been on a downtrend since end of last year. Eventhough latest quarterly report revenue almost double and nett profit triple...the price have spiked up a bit but it seems hard to suddenly reverse to an uptrend and continue... Market still doubt whether this is a one time good quarter and will continue being sideways or bad the next quarter...need at least 2 outstanding performance quarter to confirm the uptrend...so my personal point of view it might be the same to digista. If this latest quarter very good, the movement past few days already priced in that anticipation, and you can see weaker hands que by the dozens at 0.20-0.205. This is perhaps shareholder that still holds on to the losing price since the peak of last year and they cant wait to dump it...even after announcement i feel potential upside already limited and you may need to wait until another quarter of outstanding revenue&profit to confirm this counter uptrend...for a trader theres no point to hold that long, theres couple of other leader stock in tech sector which uptrending much better and any latest quarter outstanding performance would easily to go up much higher exp: willow, penta, panpage, inari, elsoft, kesm....digista is just one of those laggard moving in the tech sector...
Of course i might still be wrong, since the last quarter announcement the revenue up 16% and profit up 40% for digista...hopefully big volume shark money comes to break the tough 0.20 resistance....however if volume doesnt back the performance up i might cut lost on this counter. Just be careful not to get whipsawed
A quick check on the last 3 quarters results... Q1 = 1.292 M Q2 = 1.125 M Q3 = 4.968 M Q4 = ??
If Q4 is 2 M, the total profit for Digista will be around 9 M for this financial year! Q4 results out next week... Good luck to all shareholders of Digista.
hmm...apparently 4th quarter of the past 3 years all made losses in millions. Current 4th quarter loss of 55k might not be not bad? Anyone can tell why 4th quarter is bad for digistar?
For investor who know well of Digista, they should know that Digista like to adjust the account at the Q4, no matter how good the result in the past 3 quarter, when come to Q4, it will be adjusted to heavy loss.
Why Digista like to adjust it on Q4? The answer is very simple, Q4 is the last quarter, this is the only chance for company to make sure its quarterly report would not vary from it audited account.
Conclusion, based on this Q4 report, we can sure that Digista now is on the track. All the net profit it declare in Q1, Q2 and Q3 are reliable, it annual EPS is roughly 2.30 sen.
Based on 10 times PE, it share price should be minimum RM0.23.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Sun Sunny
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Posted by Sun Sunny > 2016-11-17 13:49 | Report Abuse
AGM today. Anyone can share the info?