Remember the LORD for it is he who gives you the ability to produce wealth and so confirms his covenant... Deut. 8:18

Wednesday, August 15, 2012

Telcos. Digi. Maxis.

Looks like there's no stopping Digi as its share prices continue to edge up in the month of August. After a two weeks climb from RM4.50 at the beginning of the month,  the share settled at RM5.00 per piece with a gain of 50 sen or  more than 11 percent.
I'm amazed by the ascent : in such a rapid movement of almost 1 percent per day session that I quickly accumulated Digi shares, almost daily ...

What if you have missed out on this mini rally in Digi ..?
Buy some now but be prepared to average down if market turns against you ...

Maxis share prices made similar decent gain of 40 sen ( more than 6 percent <= 6.80/ 6.40) in the same two weeks period ... Phew I was right about this one when I asked some friends to buy at RM6.30 - 6.40 range and hold ...
Maxis is expected to announce its earning next week. If earnings improved with another 8 sen dividend, then watch it surpass RM 7.00 mark. Else share price may tumble.
And that's when we will be picking the shares again ...

Watch other telcos : TM and Axiata ...

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