Monday, April 25, 2016

Affin Hwang Capital Daily Insight (LV) - 25 April 2016 - DIGI

Top Calls

Results Note Digi.Com (HOLD, maintain)

- A muted tone

DiGi
s 1Q16 earnings were within expectations. We note good growth traction in postpaid, but prepaid revenue has been weighed down by price competition. Management intends to monetise data among its prepaid users further, but this would likely be challenging. Maintain HOLD with lower TP of RM4.80 after lowering FY17-18E EPS by 1-3%.



For important disclosures, please refer to the Disclosure section at the end of the individual linked research reports.

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