Re-rating potential for DiGi from wider coverage, GST, biz trust


By Liz Lee

KUALA LUMPUR: While analysts have largely maintained their earnings forecast for DiGi.Com Bhd, they see a re-rating potential from its coverage expansion as well as potential gains from the implementation of the goods and services tax (GST) and dividend gains from the business trust transition.

Alliance Research said on Tuesday that DiGi, having completed its network modernisation in the third quarter of 2013, will now focus on expanding its 3G coverage, which is at 76% currently, to catch up with Maxis and Celcom.

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