BIZ BUZZ: PLUS: To buy or not to buy?

While DigiPlus Interactive Corp. seems to still be struggling on its uphill climb at the bourse, many are still wondering whether it’s worth it to invest in it now while its share price is still low, or sell and get out before things get out of hand.

If you’re looking for some clear-cut advice, Unicapital Securities Inc. says you should do nothing—for now.

“For [DigiPlus], we continue to maintain our HOLD rating because of the new regulatory risks,” Unicapital equity research analyst Jeri Alfonso told reporters on Wednesday, citing President Marcos’ recent announcement that the government was still studying the possibility of an outright ban on online gambling.

“It’s not really off the table,” Alfonso adds. “If we have a clear statement from the President or from the government that there will be no ban, then we will tweak our rating to BUY.”

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So hold your horses for now if you’ve been itching to make your move.

If you’re looking for anything to buy in the market, Unicapital recommends defensive stocks like AREIT Inc., Puregold Price Club Inc. and Manila Electric Co. Place your bets!