Digi: Strangled at RM35.00

As much as it wants to go up beyond the RM35.00 divide, crabby buyers pulled the price down.

How much will it open ex-split on 21 November?

All day long it see-sawed just like arm wrestling, sometimes better like in the beginning minutes and faring a little better an hour before closing time.

Except for a 500 lots done at the morning at RM35.10, trading has been kind of dull with minor players coming in just before the dateline for splitting on the forthcoming Monday.

I think the share will likely close at this price range possibly saddling RM35.00.

Evidently,more sellers were in the field and the crabs won the day; and Digi went off best below RM35.00..

Closed at RM34.96 on 18 Nov 2011

Digi closed at RM34.96 and so theoretically it will open at RM3.49 on Monday,21 November 2011

Charming Cheryl Cole

Yes, this is one charming lady.

The Many Moods of Selena Gomez

Talk about this teeny bopper-she just lost her case of that stalker.

Anyway she is still news and pretty hot to by the looks of Bieber around her.

Looks okay and have some potential good acting skills in Monte Carlo. Saw the movie?

UPSR Joys

There was a definite ring of joyful happiness at most primary schools this morning.

Students who did well with either a 7/7 straight As or a 5/5 straight As leapt with joy; brimming with glee. Others who scored lesser As felt contented though disappointment did show on some faces.

However,less than 10% of the total 485,160 Year Six pupils who sat for the Ujian Pencapaian Sekolah Rendah (UPSR) exam this year scored all As.

Whatever it was, primary school education is over as these students march in  as the next cohort into the secondary schools come 2012.

For many, the government change of heart to allow English as the medium to teach Science and Maths until 2020 has been  God-sent. I do hope these students will 'seize the day' to improve upon their life chances notw that they have got this reprieve.

 My brother-in-law's daughter Su Chern got straight As for all seven subject and my tuition student Lam got his full quota of 5 As. At this juncture, I  have yet to find out what grades my other tuition students got.

My congratulations to them all.

Great days lies ahead for them.

Dog-day Digi

It appears that as the ex-day arrives for share split on 21 November, more sellers are coming out of the woodwork to generously sell down Digi shares to stubborn bargain hunters.

Today, except for some 46 lots done at the beginning hour of trading where it touched RM34.90, it has been a drab day of trading. Digi shares went to a low of RM34.64 and is currently see-sawing at the  RM34.68 to RM34.70 price axis at the noon close.


At the rate, sellers are appearing to sell down the price,Digi shares looks likely to slip further when the bell rings out the day's trading halt.

Digi shares ended at RM34.82 clinching a 6 sen gain.

Digi ended at RM34.82 on 17 November 2011

As long as the Eurozone crisis and the impending banking meltdown hits the fan in Europe, there will not be much upside in equities in the medium term.

50 lots done at RM34.82 at closing

Patience counts as we ride again the Euro fiasco.

Digi: Under Stragglers' Stranglehold

As to be expected, the shares started evenly at RM35.00 on opening bell, jumped upwards to RM35.40 before being dragged down by the 'cats' to RM34.80. Then it level at a keel to float 2 to 4 sen above RM35.00.

As today represents the third last day before the shares go ex, let us see whether there is still a great demand for Digi shares.

Looks like there is but a spent force in the buying of Digi shares. As sellers emerged,bargain hunters took up position to claw down the shares.

Digi shares finished 14 sen better at RM34.76- a consolation of sorts after it went ex-dividend of 37 sen today.

Digi: Crossing the Rubicon

As anticipated,the price of Digi shares went beyond RM35.00. I likened it to Julius Caesar crossing the Rubicon. A watershed price for Digi!

With three more days left before Digi goes ex, looks like stragglers are climbing on the last coaches.

Currently, it is trading at RM35.40 with more sellers than buyers.

It closed at RM35.40 for an 88 sen gain.

Will it gain traction in the afternoon session?

No, it did not. The last testy minutes saw the shares ending at RM34.62, down 38 sen.

Will we see further upside action tomorrow?

If the so-called market forces are calling the 'shots', then Digi will definitely hold steady beyond RM3.50 when it ex on Monday 21 November 2011.