Posted by josh > 2012-11-08 09:35 | Report Abuse

time to buy digi again ^ ^

Posted by kl foong > 2012-11-08 09:39 | Report Abuse

Time to buy.

Posted by minitrader > 2012-11-08 09:42 | Report Abuse

yap...time to buy...telcos rebounding already...can't go wrong...

Posted by DaveSingh > 2012-11-08 09:43 | Report Abuse

dont catch a falling knife... telcos are going down down down because.... mutual funds holding alot of telcos... now taking profits because year end and also portfolio remodelling..... are the telcos worth this much... think about it....

Posted by matrxe > 2012-11-08 09:44 | Report Abuse

hmm lets see todays; closing price.

Posted by DaveSingh > 2012-11-08 09:45 | Report Abuse

DONT BUY TELCOS... look up the investment portfolios of public mutual cimb osk and the rest... and tell me what you see.....
10% holdings in telcos..... read between the lines...

Posted by josh > 2012-11-08 10:11 | Report Abuse

Actually we must think the core biz of every stock, telcos sure will uptrend in long term coz more mobile internet usage on smartphone and malaysia population keep increase, more younger generation, educated, city-life style, more affordable to spend on mobile phone usage.

Posted by Mat Cendana > 2012-11-08 11:04 | Report Abuse

Institutions and long-term investors will always have telcos as part of their portfolio due to their defensive nature and regular dividends. But the percentage as per capital will vary, increasing and decreasing whenever they feel doing either might suit them.

During the past week, it is obvious some are now locking in profits by liquidating their positions. Many individuals among us had benefited by hitching a ride earlier on and rode the upswing. But those who came in late have been left high and dry, and this includes some institutions too. When we read about "institutions", "foreign funds" etc. we tend to think that they are acting in concert and forget that they are *individual* organizations whose managers are trying to out-perform the others. Just like us, these funds would also lose money at times when they get in at the wrong time.

After the correction, these telco counters have become more attractive. But that doesn't automatically mean they are also a "Buy" at the moment. There will be mild rebounds but what is of prime concern is "the trend" - if they are on a downtrend, it wouldn't be prudent to risk our capital just to make a few sen. We have seen this before where "cheap" becomes "cheaper". These counters need big buyers to go back to their previous level; if they don't come back immediately, these counters will not be going anywhere.

I'm very interested in these counters but am wondering whether now is a good time to buy. Alex Lu's post of last Monday about "Telcos under selling pressure" and his subsequent comments are worth noting:
http://nexttrade.blogspot.com/2012/11/telcos-under-selling-pressure.html

Posted by joncsk > 2012-11-08 11:24 | Report Abuse

yeah...it's really looking very attractive now. But when is the right time to go in is the million dollar (ringgit) question???

Posted by Mat Cendana > 2012-11-08 11:42 | Report Abuse

joncsk, have to ask the guys who are into technical analysis. I hope we can get their interpretations of the charts so that we can make a better decision. No one can deny that these are really high-quality counters that will eventually go back up again and are worth waiting. But I don't want to wait too long. Anyway, with Digi, I feel it's still a bit too high when you compare its fundamentals to that of Axiata and Maxis. However, the more important thing is the trend - since it's not clear enough, I'm going to stay at the sidelines for now.

Posted by steadyinv > 2012-11-08 11:46 | Report Abuse

confidence with the stock, buy now then if drop buy some more, if further drop buy even more. My philosophy. :) Trend not of my business...heheheh

Posted by rich kueh > 2012-11-08 11:47 | Report Abuse

banking & cpo stocks have been rather stagnant lately. Its the telcos that are exciting

Posted by Peck Leong Chong > 2012-11-08 13:00 | Report Abuse

4.80 is the next support level, while RSI shows below 30% indicate it is oversell, waiting for MACD signal for buy indication

Posted by Steve Jub > 2012-11-08 15:07 | Report Abuse

joncsk, think timing is after GE :D

Posted by minitrader > 2012-11-08 15:22 | Report Abuse

mat cendana...good advice...

Posted by josh > 2012-11-08 16:03 | Report Abuse

after GE i think shud be JUNE 2013, haha, actually defensive stock dun need afraid GE one, u can check DIGI historical chart, uptrend even during 08 March 2008 GE.

Posted by Yuzuki > 2012-11-08 16:06 | Report Abuse

anyone bought TM 5.40-5.41 , now 5.60 +++ , $$$$ just SOUL hehehe i meant SOLD

Posted by pacino > 2012-11-08 16:07 | Report Abuse

Digi should start the price turn around like TM soon.

Posted by kl foong > 2012-11-08 16:07 | Report Abuse

Josh, agree with you. GE dont have much effect on good stocks.

Posted by moulincv > 2012-11-08 16:20 | Report Abuse

Fibonacci also indicated support level at 4.80. Better watch out on buy signal.

Posted by pathew > 2012-11-08 16:28 | Report Abuse

TA analysts, based on your technical charts, what's the price to enter?
Seeing Rm4.80 my fingers also itchy liao :P

Posted by DaveSingh > 2012-11-08 16:30 | Report Abuse

SELL TELCOS.....
SELL SELL SELL

Posted by DaveSingh > 2012-11-08 16:33 | Report Abuse

DIGI lovers... sorry to hear about your telcos..... like i said for a while now...
SELL SELL SELL telcos

Posted by tonylim > 2012-11-08 16:34 | Report Abuse

should have sold out 2 weeks ago

Posted by millionaire > 2012-11-08 16:35 | Report Abuse

buy now or u will regret

Posted by joncsk > 2012-11-08 16:35 | Report Abuse

should have??? should have??? i should be a millionaire now!!

Posted by DaveSingh > 2012-11-08 16:39 | Report Abuse

Digi from RM5.6o to RM4.80 wow...
that is scary...

Posted by millionaire > 2012-11-08 16:39 | Report Abuse

buy or bye, time will tell

Posted by Fat Cat Tim Buddy > 2012-11-08 16:40 | Report Abuse

when digi drop till 5.16 that time, someone said buy now or you will regret.. now digi drop till 4.8...

of course i din listen to them, my target price is 4.5 :p

Posted by joncsk > 2012-11-08 16:43 | Report Abuse

i think that fellow must have gone in higher than that..... that's why ask u to buy then... :(

Posted by millionaire > 2012-11-08 16:44 | Report Abuse

rebound is matter of time

Posted by moulincv > 2012-11-08 16:50 | Report Abuse

On a further look, i think the selling pressure for telco on overall is still strong. No sign of reversal when i check on hourly chart for DIGI. So it may go down to next support level of 4.57 base on Fibonacci.

Posted by DaveSingh > 2012-11-08 16:52 | Report Abuse

AGREE@moulincv........ the reason is fund taking profit... telcos will go down till start of next business cycle....meaning at least 1to2years....SELL

Posted by millionaire > 2012-11-08 16:53 | Report Abuse

special offer end today, buy, TP 5.00

Posted by avenger88 > 2012-11-08 16:55 | Report Abuse

TM rebound..digi sigh

Posted by pacino > 2012-11-08 16:57 | Report Abuse

So Dave - what counters are you pursuing besides GM ..... just want to KIV in my portfolio. Cheers

Posted by Fat Cat Tim Buddy > 2012-11-08 16:58 | Report Abuse

tm rebound.. sigh, among the telco companies, i would prefer digi, but if tm today really drop till 5.1 or 5 , then it is simply an offer i cannot refuse :( it go up back, someone must be supporting the price.

Posted by DaveSingh > 2012-11-08 17:00 | Report Abuse

you will see@pacino follow my comments...batu kawan one of them very precious company look at it today.. the rest you read up ok ...

Posted by lilian18 > 2012-11-08 17:11 | Report Abuse

hope it will drop till 4.60 then i will buy again.

Posted by DaveSingh > 2012-11-08 17:13 | Report Abuse

lilian18@wait and look up the chart... i WILL drop much much more...just wait and see no hurry to buy unless you want to trade.. short trade...

Posted by josh > 2012-11-08 17:16 | Report Abuse

some ppl purposely h bad comment on DIGI, maybe they are putting buy queue at lower price, waiting foolish to sell DIGI stock, then they collect, otherwise why they so free to say so many negative things. Investor shud always h positive mind for medium and long term.

Posted by minitrader > 2012-11-08 17:18 | Report Abuse

Sorry lah DaveSingh..u missed the ride on TM and Axiata...as aforesaid, when stocks nosedive, that's the time to bottom fish and take a ride when it moves...so,those who jumped into Axiata and TM at the bottom, u made it..

Posted by keanfee > 2012-11-08 17:20 | Report Abuse

digi will drop until 4.00?

Posted by DaveSingh > 2012-11-08 17:20 | Report Abuse

we will see@minitrader... i will get back to you on axiata and TM in a fews days and ask you then ....bottom fish??? axiata TM and Digi are going down buy can buy when down.. much much more down....my say is SELL SELL axiata tm digi till further notice... it may be months before i say buy...

Posted by moulincv > 2012-11-08 17:22 | Report Abuse

Base on the latest info, fund manager are switching telco stocks to higher beta stock in China. DIGI's fundamental is sound and have at least a dividend yield of 5% with potential upside too. But sometime, too bad, you will caught in some funds re-portfolio strategies...

Posted by DaveSingh > 2012-11-08 17:23 | Report Abuse

josh @ for long term you can wait to buy... long term means waiting to buy when down...not buying when up and saying long term when it goes down.. do the math... its simple..

Posted by minitrader > 2012-11-08 17:24 | Report Abuse

Sorry again DaveSingh...when telcos plunge, it opens to trading opportunities. U can't be negative all the time. When U yell a sell call, I would jump and bottom fish...made some...that's all I care...

Posted by DaveSingh > 2012-11-08 17:26 | Report Abuse

moulincv@business cycle has ended with the US elections... it is down trend now on... wait a year.. the market may go up to 1700 but then better be safe then sorry.. please recall what happened in 2008 1998 2000 and much much more... we tend to have short term memory... in a down turn all go down.. DIGI too.. you will see it touch RM3 or below in the next 15 months...

Posted by moulincv > 2012-11-08 17:30 | Report Abuse

How does business cycle of Telco related to US election?

Posted by DaveSingh > 2012-11-08 17:33 | Report Abuse

too much to talk about.. business cycle last 3 to 5 years...then down turn its simple economics...just go and look up the charts click on max they show you the charts for share as long as the share have been around...very simple...tell those people who bought china stock when the market was 6000 and see what they tell you...