October 02, 2012

Digi.com-Summit Pursuit

Ever-moving
The reasons for Digi.com to move up with traction for two days?

There is still no news on the horizon.

Today, it has moved as high as RM5.44 for a 12 sen gain.

It is now hovering at the RM5.43-RM5.44 price tussle.

Best in its Class
Perhaps, it is the implementation of the liberalisation move where Telenor can now take more than 49% of Digi.com or it could be the special distribution to shareholders of the value accruing from the share premium from its subsidiary.

 Even, maybe EPF coming to churn up the counter.

You know, they can be seen  buying and selling on the same counter on the same day. Is this to generate activity to give false pretense?

Either way, the counter is moving up.

Let us watch how it will move especially with the volume that is still moving up.

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