DGIK has reached its fair value under current context, and recent development of litigation (legal cases) has triggered the pull out of investment/trading mode. And, the fact that Asiariver Advisors Pte plans to buy a 20 percent stake in Duta Graha at a price of 120 rupiah to 150 rupiah a share has yet priced in. Even so, we are not sure that Asiariver Advisors has just confirmed the plan as they also pulled back and revisited the plan due to the recent alleged corruption case surrounding the Indonesian Ministry of Sport.
Under current circumstances, for micro play, we prefer to see dividend play with a more calculable risk beyond global market under pressure which will recede in a week or two. PANS offers the best dividend yield so far and it is considered liquid among the micro. '+' On Mon, Jun 6, 2011 at 4:02 PM, positif01 <[email protected]> wrote: > We have advised our clients who are actively in micro-cap trading for days > ago to anticipate DGIK upsurge and use the momentum to close all open > position. In transitory, micro-cap traders may consider to tap PANS dividend > while anticipating further gain beyond the short-term fluctuation ex-date > dividend. Further details follow. > > '+' >
