Driving Miss Digi

Digi goes Ex

Remembered that beautifully crafted movie," Driving Miss Daisy"? The one that starred the talented Jessica Tandy and the ever charming Morgan Freeman. Yes, Digi's half day performance is bitingly refreshing. Akin to that movie of just driving Miss Daisy. You just want some more and still so more.

Amidst the gloom and doom of the European cancerous sovereign and banking debt fiasco, with the local market losing more than 15 points, Digi continued to be in demand. Undoubtedly there will be weak holders who will sell out some portion of the holdings to take profits.Similarly, we have fresh blood in the form of new buyers who are most thankful of being able to buy one lot of Digi at the RM3,000 level.

Closed at RM3.68 at noon

The starting block of RM3.60 was breached moving up to a high of RM3.81 and a low of RM3.53. Most shares were bone at the RM3.77-RM3.80 level. I think the support level will be RM3.60 and if buying persist in the afternoon, Digi shares may go beyond RM3.70.

Yes, as I predicted-it upped 11 sen to settle at RM3.60 as it final price.