Digi shares under pressure, target price lowered


DiGi has a strong management team. Based on the historical track record, the group has managed to compete with its peers despite its subservient position in the spectrum allocation domain.

PETALING JAYA: Shares in telecommunicaton company Digi.Com Bhd came under pressure after analysts lowered their price on worries that intense competition will erode profit margins further.

The stock fell 15 sen, or 3% yesterday to close at RM4.88.

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Business , digi , telco

   

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