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Monday, July 2, 2012

Digi.com Berhad [6947] -2011

既然了解了MAXIS,来看看他的对手之一DIGI的annual report。

2011
Closing Share Price = RM3.88
EPS = RM0.161
Dividend =  RM0.175
DY = (0.175 / 3.88) x 100% = 4.5%
Number of Shares = 7,775,000,000
Shareholder Equity = RM1,411,000,000
NTA =  1,411,000,000 / 7,775,000,000 = 0.18 (问:为什么那么低? 高人答:因为Digi 之前有给很多次的Capital Repayment,所以 Asset 早已变得很少,Equity 也会变得 很小。这样 ROE 会变成很大。Asset = Liability + Equity)
PE = 3.88 / 0.161 = 24.1
ROE = EPS / NTA = 0.161 / 0.18 = 0.89 or 89% 因为NTA低,所以ROE高,那么这个ROE不可信!?

Dividend:
2006: 2.46
2007: 2.2775
2008: 1.88
2009: 1.78
2010: 1.63
2011: 1.165
2012Q1: 0.059
上网看到说Digi的面值之前是0.10,后来拆细变0.01,这点我不明白。(查了,是split 1 to 10)

今天(02/7/2012)Digi的价格已经是是RM4.25;Digi.com值得买吗?我猜,如果目前PE合理,然后EPS还可以再高,那么未来价格还会再上涨,只是我不肯定EPS还会不会再提升,如果不会的话,那么目前的价钱已经算是很高了?


20120710

SUMMARY OF KEY FINANCIAL INFORMATION
31/12/2011

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