KUALA LUMPUR: Kenanga Research maintained its market perform rating on Digi.Com with unchanged earnings forecasts and an unchanged target price of RM4.85.The research firm said Digi shared its digitisation progress towards better customer experience. It will also develop AI and machines learning and aim to deflect at least of 40% of the traffic to live chats by 2020, and reduce voice traffic to call centres to 80% by 2020 through digitisation. "Digi is aiming to achieve 1-3% p.a. "Digi has established RM5bil Islamic bond (Sukuk) programmes in April 2017 in keeping with the company’s commitment to tap on prospective Islamic capital and debt markets. "With an available 82% (or RM4.1b) of Sukuk Programmes yet to be drawn down, the group is well positioned to comply with the Shariah threshold even taking the potential upcoming 700MHz spectrum obligation into consideration (by assuming a lump-sum payment of RM431mil for 2x10MHz spectrum block)," said the research firm.

Source: The Star November 28, 2017 00:56 UTC