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Thursday, February 7, 2013

KLCI Stock - DIGI / 6947 - 2012 Quarter 4

DIGI.COM BERHAD


Company Description
DiGi.Com Berhad is a Malaysia-based investment holding company. The Company's wholly owned subsidiary, DiGi Telecommunications Sdn. Bhd. (DTSB), is engaged in the establishment, maintenance and provision of telecommunications and related services. Subsidiaries of DTSB include DiGi Services Sdn. Bhd., which is engaged in property holding, renting of premises and other related services, and Djuice.Com Sdn. Bhd., which is dormant. On February 10, 2009, the Company incorporated a wholly owned subsidiary, Pay By Mobile Sdn Bhd.

Company Info
Listing Date1997-12-18
Market Capital (Capital Size)3,623,150,000 (Large)
Par ValueRM 0.10
BoardMain
SectorIPC
Major IndustryTelecommunication
Sub IndustryMobile Communication & Network Services
Websitehttp://www.digi.com.my

My Analysis
Forecast P/E now(4.66-0.17)/0.1706 = 26.32 (High)
Target Price4.09+0.17 = 4.26 (PE 24.0, EPS 0.1706, DPS 0.17)
First Support Price4.55
Second Support Price4.2
Risk RatingMODERATE

Research House
AMMB Target Price4.6 (2012-10-24)
BIMB Target Price4.5 (2012-10-24)
ECM Target Price4.14 (2012-10-24)
HwangDBS Target Price4.7 (2012-10-24)
TA Target Price4.96 (2012-10-24)
HLG Target Price5.14 (2012-11-27)
Alliance Target Price5.05 (2012-12-04)
RHB Target Price5.4 (2012-12-04)
OSK Target Price5 (2013-01-03)
Public Target Price5.59 (2013-01-17)
MIDF Target Price4.8 (2013-02-05)
CIMB Target Price5.1 (2013-02-07)
Kenanga Target Price5.6 (2013-02-07)
Maybank Target Price4.85 (2013-02-07)

Accounting Ratio
Return on Equity85.43%
Dividend Yield3.65%
Operating Profit Margin22.34%
Net Profit Margin22.08%
Tax Rate31.75%
Asset Turnover1.5847
Net Asset Value Per Share0.03
Net Tangible Asset per share-0.04
Price/Net Tangible Asset Per Share-116.5
Cash Per Share0.09
Liquidity Current Ratio0.5157
Liquidity Quick Ratio0.4903
Liquidity Cash Ratio0.2603
Gearing Debt to Equity Ratio14.3601
Gearing Debt to Asset Ratio0.9349
Working capital per thousand Ringgit sale-20.7%
Days to sell the inventory5
Days to collect the receivables36
Days to pay the payables191

Technical Analysis
SMA 104.9 (Downtrend)
SMA 205.041 (Downtrend 11 days)
SMA 505.019 (Downtrend)
SMA 1005.044 (Same)
SMA 2004.568 (Uptrend)
MACD (26d/12d)-0.075295 ( 0.020585 )
Signal (9)-0.039659 ( 0.008909 )
MACD Histogram0.035636 (Bearish trend 19 days)
Bolinger Upper Band5.388
Bolinger Lower Band4.694

My notes based on 2012 quarter 4 report (number in '000):-
- Lower pbt largely due to higher accelerated depreciation from network modernisation

- Estimate next 4Q eps after 2012 Q4 result announced = 0.1551*1.1 = 0.1706, estimate PE on current price 4.66 = 26.32(DPS 0.17)
- Estimate next 4Q eps after 2012 Q3 result announced = 0.173, estimate highest/lowest PE = 33.23/24.62 (DPS 0.25)
- Estimate next 4Q eps after 2012 Q2 result announced = 0.0412*4*1.05 = 0.173, estimate highest/lowest PE = 30.75/23.93 (DPS 0.24)
- Estimate next 4Q eps after 2012 Q1 result announced = 1226691*0.92/7775000 = 0.1452, estimate highest/lowest PE = 29.55/24.59 (DPS 0.25)
- Estimate next 4Q eps after 2011 Q4 result announced = 1411431*0.88/7775000 = 0.1598, estimate highest/lowest PE = 26.03/23.4 (DPS 0.16)
- Estimate next 4Q eps after 2011 Q3 result announced = 0.42*4*1.05 = 1.764, estimate highest/lowest PE = 19.23/18.66 (DPS 1.48)
- Estimate next 4Q eps after 2011 Q2 result announced = 0.4262*4*1.05 = 1.79, estimate highest/lowest PE = 17.8/15.02 (DPS 1.72)
- Estimate next 4Q eps after 2011 Q1 result announced = 0.4262*4 = 1.7048, estimate highest/lowest PE = 16.6/15.31 (DPS 1.72)
- Estimate next 4Q eps after 2010 Q4 result announced = 1.5151*1.1 = 1.6666, estimate highest/lowest PE = 17.42/14.85 (DPS 1.63)
- Estimate next 4Q eps after 2010 Q3 result announced = 1.4051*1.1 = 1.5456, estimate highest/lowest PE = 15.11/12.46 (DPS 1.74)
- Estimate next 4Q eps after 2010 Q2 result announced = 1.3254*1.1 = 1.4579(10% grow from 1.3254), estimate highest/lowest PE = 15.85/13.04 (DPS 1.99)
- Estimate next 4Q eps after 2010 Q1 result announced = 1.3254(3% grow from 1.2868), estimate highest/lowest PE = 16.27/15.01 (DPS 2.13)
- Estimate next 4Q eps after 2009 Q4 result announced = 0.317*4 = 1.268, estimate highest/lowest PE = 17.21/15.82 (DPS 1.78)
- Estimate next 4Q eps after 2009 Q3 result announced = 0.3139*4 = 1.2556, estimate highest/lowest PE = 16.27/15.47 (DPS 1.77)
- Estimate next 4Q eps after 2009 Q2 result announced = 0.3016*4 = 1.2064, estimate highest/lowest PE = 17.12/16.21 (DPS 1.75)
- Estimate next 4Q eps after 2009 Q1 result announced = 0.3543*4 = 1.4172, estimate highest/lowest PE = 15.51/14.1 (DPS 1.62)

DIGI latest news (English)

DIGI latest news (Chinese)



Financial Quarter Summary   Open in New Window
a_dateyearqrth_pricel_pricedivroec_roerevc_revpbtc_pbtprofc_profepsc_epsassetc_assetliabc_liabminoequicfocficffcashfcfnetfinalsharec_sharem_capdateoper_mprof_mvatasset_tpenavpsntapsp/ntapscpsl_curl_quil_cashg_deg_daavg_winv_drec_dpay_d
2013-02-0620124N/AN/A0.02517.40%85.43%16292656360913359725159094924552312057150.03160.15514013918140424137525972722920-261321226998665347520058251098170161651138931470885677750007775000362315002012-12-3122.34%22.08%31.75%1.584730.04980.03-0.04-116.50.090.51570.49030.260314.36010.9349-20.7%536191
2012-10-23201235.564.510.1222.34%68.03%1582518473164840609412312243153709601920.04060.12354707928199239037591302775733-9487981838044410329107282510981701427715354890145306077750007775000426070002012-09-3025.78%25.66%22.34%1.3333-0.120.04137.00.190.71780.70760.52353.9620.7985-12.5%230191
2012-07-23201225.574.390.05922.97%45.69%157972131491304193368251303241876448220.04170.08294928610205566338364572768569-1092153130590827333261410010981701032576418476151664677750007775000343655002012-06-3026.61%26.54%22.69%1.2609-0.140.0588.40.20.74250.72050.54783.51270.7784-11.5%528188
2012-04-25201214.543.820.05922.72%22.72%156940915694094057944057943206353206350.04120.04125066250203853138395592704509-12266916834691084351553751098170575034419659151782977750007775000307890002012-03-3125.92%25.86%20.99%1.2046-0.160.0756.570.20.75380.72940.56123.130.7579-10.9%527191
2012-01-19201144.323.90.06529.28%93.15%15454235963954389320156026239422512543840.05070.16134863346162283234519152593257-1411431236738657393815458628505841793448247586109817077750007775000301670002011-12-3125.26%25.19%-1.226324.04930.180.0943.110.140.62580.59960.42352.44570.7098-16.3%628199
2011-10-242011335.43.440.3721.72%63.88%1519970441853139850611709422924458601590.37611.10634721347145071634164662600711-1304881167114727639812581878505841394749136562987146777500777500245534502011-09-3026.46%26.22%26.61%1.2387-1.680.7144.481.270.55780.54280.37962.61820.7236-19.7%326187
2011-07-202011233.5828.60.317.55%42.16%146799828985613252837724362363185677140.30390.73024930746149467236850602982268-12456869774761374466749378505848400301650931015677777500777500232006002011-06-3023.71%22.16%27.35%1.1519-1.60.6148.921.310.50120.48670.34062.95830.7474-26.2%428183
2011-04-292011130.0227.820.4324.61%24.61%143056314305634471534471533313963313960.42620.42625139027145284837953342445377-1343693561245741563374698505844870891496201000204777500777500226097002011-03-3131.93%31.26%25.89%1.0793-1.730.6942.141.290.59410.57660.4092.82460.7385-17.9%427203
2011-01-282010430.6624.920.4321.82%77.43%14296625406457450309159724833202611780040.42701.51515136633133078237900112271589-1346622230877661084012775374301851697936420399850584777500777500196707502010-12-3132.18%31.50%26.27%1.052516.69841.730.6439.531.090.58580.56690.37442.81450.7378-17.4%430211
2010-10-262010325.923.880.519.02%55.60%1351341397679539044411469392893148459780.37211.08815004881131532836015352200623-140334617110623883978641004301851322665458565888750777500777500191731502010-09-3029.39%28.89%25.90%1.0439-1.80.6935.741.140.59770.58550.40392.56640.7196-16.9%328191
2010-07-202010225.121.00.3518.30%36.59%133509626254543779937564952784085566640.35810.71604877824118553734916672080971-13861571051754209563591975430185842191250216680401777500777500183956502010-06-3028.89%28.31%26.35%1.048-1.780.6436.970.890.56970.54060.33212.5190.7158-17.5%631183
2010-05-042010123.722.020.3518.29%18.29%129035812903583785023785022782562782560.35790.35794892324114041835124502097078-137987455336681194219850430185472172252322682507777500777500176337002010-03-3129.85%29.33%26.48%1.0182-1.770.5938.440.890.54380.52770.33052.54550.718-19.2%330182
2010-02-032009423.621.840.5412.99%52.73%12476124909565336875136645524648010004710.31701.2868473244487409632109762025786-1521468165518070358685268633127795159498908430185777500777500171827502009-12-3127.61%27.00%26.83%1.037417.17471.960.7330.270.570.43150.4250.21752.11040.6785-23.5%131177
2009-10-282009322.4621.180.7512.87%39.74%1238766366195333318110295802440857539910.31390.96984859958104242730018451822144-18581131085371479693319261331277605678286417617694777500777500167162502009-09-3027.45%26.90%26.74%1.0069-2.391.1319.030.810.57210.56380.34471.61550.6177-15.9%230165
2009-07-222009222.520.90.4912.36%26.88%120483224231873239406963992344675099060.30160.6558470811390803527131101836037-199500358049727540023828633127730509766811398088777500777500172605002009-06-3027.44%26.89%27.62%1.036-2.571.2717.480.530.49460.4840.22251.360.5763-19.0%236168
2009-04-302009123.821.3-14.52%14.52%121835512183553724593724592754392754390.35430.35434977652112094728050411831002-217261113096514226927378933127711304262485593762777500777500173382502009-03-3131.05%30.57%26.05%0.9776-2.791.5114.770.780.61220.59980.32991.29110.5635-14.6%237169
2009-02-062008423.220.80.5317.89%72.30%12316854814475381817154689628224111407150.36301.4854465585277944127586802267123-1897172203058487373714027145771441156847245867331277777500767958163275002008-12-3130.84%31.00%26.08%1.034114.13772.471.1817.80.440.34380.33630.15071.45410.5925-30.9%232196
2008-10-242008322.118.20.7817.11%54.41%1222620358279036546311650792699428584740.34721.1041452641788490523050661815287-2221351141186348243099424257714492943364809512335777500777500172605002008-09-3029.70%29.89%26.14%1.0515-2.861.6613.370.660.48750.48050.28221.03770.5092-19.5%128174
2008-07-222008225.521.70.5718.91%37.30%119371623601704039707996162983925885320.38920.77614667293106180422727051791161-2394588971174292466551067577144678708127641704785766621758310180922552008-06-3033.48%33.84%26.14%0.9964-3.161.9612.040.920.59280.58970.39350.94910.4869-15.7%128165
2008-04-292008127.023.0-18.39%18.39%116645411664543956463956462901402901400.38690.38694150291125285222825061705052-1867785426213119673N/A577144306540306540883684750000750000181500002008-03-3133.65%33.92%26.67%1.0877-2.492.211.01.180.73480.73140.51831.2220.55-10.0%129162
2008-02-052007425.2521.00.592516.72%60.64%11766704362635386598144531429299610625950.39071.4168387749193742622998461726055-157764515895756446291237351869549944946292405577144750000750000187500002007-12-3132.57%32.86%24.21%1.125117.64552.11.7714.120.770.54310.53810.33441.45780.5931-18.1%129175
2007-10-192007327.522.31.015.59%43.93%1113425318596537516910590162732797698990.36441.02654033603120873822014541608013-1832149108328033230368985186954975097761126930675750000750000161250002007-09-3033.21%33.70%27.16%1.0295-2.442.1510.01.240.75170.74580.57881.20160.5458-9.6%124174
2007-07-2020072N/AN/A0.68514.28%28.32%105766820725403445186835472503184963200.33380.66184102185127890821682771592895-19339086377031834573148138695494542461394331008982750000750000172500002007-06-3032.09%32.57%27.34%0.9654-2.582.2710.131.350.80290.79820.63341.12120.5286-7.9%124167
2007-05-0320071N/AN/A-14.04%14.04%101487210148723390293390292460022460020.32800.32804106910121924421085071432458-199840316231393964N/A8695496834968349937898750000750000140250002007-03-3133.15%33.41%27.44%0.9268-2.662.347.991.250.85120.84760.65471.05510.5134-5.6%126168
2007-02-1420064N/AN/A0.575N/AN/A966769365253629395510871392395558056530.31941.07424123031117558123706301685525-1752401169902271103513014001182962987987313413869549750000750000114000002006-12-3130.13%30.41%18.51%0.885914.152.342.07.61.160.69750.69260.51591.35280.575-14.0%130217
2006-10-2020063N/AN/A-N/AN/A92077226857672553047931841808275660980.24110.75484225447138532022626011572628-19628461235670428463851400118296280720744193113876975000075000093750002006-09-3027.07%27.73%29.17%0.6356-2.622.495.021.520.88090.87560.72411.15270.5355-7.0%232263
2006-07-1220062N/AN/A0.535N/AN/A90369017649952806105378802006043852710.26750.51374121329132469220504101382784-2070919707627224142562500118296248348579015110394775000075000081750002006-06-3030.36%31.05%28.51%0.4283-2.762.624.161.470.9580.95040.79840.99010.4975-3.3%-43N/A
2006-05-0320061N/AN/A0.75N/AN/A8613058613052572702572701846671846670.24620.24624453391163909620205761342979-2432815346494116546N/A1182962229948229948141291075000075000063375002006-03-3129.26%29.87%28.22%0.1934-3.243.12.731.881.22051.21271.05210.83060.453734.4%-91N/A

Financial Quarter Balance Sheet   Open in New Window
yearqrtDeferred expenditures (A-0)Intangible assets (A-0)Prepaid lease payments (A-0)Property, plant and equipment (A-0)Available-for-sale financial assets (A-1)Cash and cash equivalents (A-1)Current tax assets (A-1)Derivative financial assets (A-1)Inventories (A-1)Trade receivables (A-1)Deferred tax liabilities (L-0)Finance lease liabilities (L-0)Loans & borrowings (L-0)Provisions (L-0)Current tax liabilities (L-1)Deferred income (L-1)Derivative financial liabilities (L-1)Loans & borrowings (L-1)Provisions (L-1)Trade and other payables (L-1)
20124-601860-2007817-7088564848-69289621248115299-89427620102-405236151185873404502091210
20123-626879-2088659-1453060--2817051116064461-89951219424118735472999634183501384111961453
20122-665422-2207525-1516646-104160887477089120887-92815618845198416426628-153181440401946304
20121-694437-2333282-1517829-83765931453934187843-92875418453121312409303-150914486561974324
20114-731881-2508633-1098170--67797456865262341-578031182861832541097717149978460361967924
20113-755790-2514841-987146--39010424560241448-55687517432248131422112-169804456931714971
20112-770607-2665467-1015677--43222435773307223-3782921727722143635734967699678418611661877
20111-809492-2876687-1000204--42877409767399713-93308617158113489339275293149669410221801629
20104-845957-2959894-850584--4309943709942449153894102296917068464623431871345-422171838378
20103-870548-2819005-888750--26860399718361604-1022726165821999853061361233-539571639312
20102-888918-280336910628680401-17160579433758371783-102248416429178948272766--719831557274
20101-920960-283094610570682507--33872413469376889-1022244162391374582669021932100000706411520145
20094-950174-290817410514430185--13061420336391463-77201021717102966272986140149829710571428808
20093-98091212109282451010456617694--15073399204387011-7717792091186733254094-100000645011316816
20092-101036012165277755310394398088--19374480179384940-47172620407896712342161353100000665341344263
20091-99880512221284567910299593762--22738494148382147-5715082038498626259989751100000863171285319
20084-99401912277287011510304331277--17053420807371526-10000020031103712265923-2978211060271493640
20083-931389123322697791-512335--12590359980370314-10000019465136407311004-100000476381220238
20082-910566123892682534-704785--5483351536362441-10000019103218639243186-100000649621164374
20081-215657124442669338-883684--5754363414358771-20000018683177768236508-100000835851107191
20074-251010125002676555-577144--8659351623355521-20000018270116218227001-1000001027311180105
20073-216405125542595906-930675--9504268559379056-20000014385124558267628-100000419301073897
20072-228048126092582620-1008982--7522262404361309-20000014073177438256277-100000573181001862
20071-239749126622635255-937898--5089276257362282-30000013767142250245307--65620979281
20064-254487127172680246-869549--8189297843371707-3000001339869809244769--756191295328
2006348397421127722729451-1138769--8395238156379523-30000010450160310273344--384241100550
20062498103985128282679326-1103947--10493210252357529-30000010097159642256880--39813926449
20061513110138128842690760-1412910--10438215748367609-300000998872637220643--70465979234

Financial Quarter Income Statement   Open in New Window
yearqrtRevenueIncome tax expenseFinance/interest costsOther incomeAdministrative/Operating expensesFinance/interest incomeDepreciation & amortisation
2012416292651142021414919749063889850360827
2012315825189072414194533087296412265306861
2012215797219514914101987083713713002332019
20121156940985159936156468381478379330132
20114154542349051040659328237979428337260
201131519970106061966240498157405969306080
201121467998889653059415447945957785323767
20111143056311575715463128657862125862200462
20104142966211828315701231807994505925193307
2010313513411011301286515807590806160196692
201021335096995851294159517626335217192697
2010112903581002461015818757164123506190667
20094124761290395112556057169873679186779
20093123876689096101298787112653227188296
20092120483289473936316876850362736190916
20091121835597020984362966811863967165130
20084123168599576306430526984485016156424
20083122262095521237268727077804691158568
200821193716105578300317206382017338157600
200811166454105506392248596154267075163394
20074117667093602408269225988637452201501
200731113425101890387119105891159311156491
20072105766894200387613795572008978162431
20071101487293027339723985200846040160800
2006496676954400446184914994727115184487
200639207727447738744485019249955170073
20062903690800063763228949638110012135237
2006186130572603374722514735289003138014

Short form reference
a_date = announcement date, yr = financial year end, qrt = quarter
h_price = stock highest price during the quarter, l_price = stock lowest price during the quarter
div = dividend recommend or declare in the quarter, roe = return on equity
c_roe = cumulative of return on equity during the financial year
rev = revenue in the current quarter, c_rev = cumulative of revenue during the financial year
pbt = profit before tax in the current quarter, c_pbt = cumulative of profit before tax during the financial year
eps = earnings per share in the current quarter, c_eps = cumulative of earnings per share during the financial year
asset = total asset, liab = total liability, mino = minority interest, equi = total equity
cfo = net cash flow from operating activities, cfi = net cash flow from investing activities
cff = net cash flow from financing activities, cash = cash and cash equivalents as at beginning of financial year
final = cash and cash equivalents as at current financial period ended
share = diluted/basic weighted average number of ordinary shares
c_share = cumulative of diluted/basic weighted average number of ordinary shares during the financial year
m_cap = market capital at announcement date of quarterly report, date = current financial period ended date
prof_m = profit margin, vat = income tax rate, pe = price earning per share ratio of recent four quarter
navps = net asset value per share, ntaps = net tangible asset per share, cps = cash per share
l_cur = liquidity current ratio, l_qui = liquidity quick ratio, l_cash = liquidity cash ratio
g_de = gearing debt to equity ratio, g_da = gearing debt to assets ratio
avg_w = working capital per thousand Ringgit sale
inv_d = days to sell the inventory, rec_d = days to collect the receivables
pay_d = days to pay the payables


CURRENT


CHANGES IN SHAREHOLDING
ANNUAL REPORTS


HISTORICAL


CHANGES IN SHAREHOLDING


ARCHIVES


CHANGES IN SHAREHOLDING

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