On 26 December 2006, This blog has highlighted that Macquarie Research analyst Premanand has a price target for DiGi.com at RM9.20.
One reader who unable to keep a job in research houses stated that smart investor should not follow analyst recommendations.
Now, in less than 4 months, those who act on such report has make money. DiGi hit RM9.30 at 9.45am today.
While I don't think I am a smart investor. However, it is undeniable that I am an investor that make money. Ahem!
Earlier, DiGi fail to secure 3G spectrum license from Malaysia government. However, technology columnist Oon Yeoh has commented that "Not getting 3G blessing for DiGi".
Update: DiGi closed at RM9.45 today
DiGi at 6-year high on capital repayment plan
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