thanks bullcoming

can buy lower

so what are you telling us stockwinner ?

stockwinner try tracking the people who forewarned BEFORE the drop

any story here

but isnt it always the case give placement = price drop ?

easy to be wise after the event

so many fake sifu coming on this afternoon pretending to give smart analysis
but i noticed a vabasten gave warning calling a waterfall....
i think its worthwhile collecting low
some bloggers really give good advice
the rest dime in a thousand - useless

sigh so many people dancing on grave
very mean
lucky i dint buy
but i think can you
one did forewarned in advance before drop...

EPF and nation of Malaysia's finances depend on MRCB. Go to 75 sen.................

Same dirty trick by Chomp Ben Ben. Pull down last 5 minutes for him to deal with his shares. Makes all traders between 900-1655 look like bloody fool. Boosa should amend regulations on these. Same sets of rules for all traders should apply. Hopeless Boosa

PETALING JAYA: Online services provider MyEG Services Bhd has seen a demand for its core businesses during the current movement control order (MCO), given that it benefits from the absence of over-the-counter government services.

UOB Kay Hian Malaysia Research said other positive factors include the likely renewal of an e-government master concession which expires on May 20 and new profit streams, which will come from new online services introduced.

“Nevertheless, we reduce earnings after incorporating a higher effective tax rate for financial year 2021 (FY21)-FY22, ” it said in a report to clients yesterday.

The research house also said MyEG was expected to receive an official concession renewal after the MCO.


“The group does not expect any major changes in concession terms (such as pricing), except that the new concession tenure could be shortened to three years instead of five, which MyEG is seeking.”

UOB Kay Hian Research remained confident that MyEG will be able to extend its concession this round, riding on its “undisputed efficiency” and the “lack of other alternatives” so far.

“We understand that there have been no visible attempts by other companies to offer similar e-government services.”

It also pointed out that MyEG has introduced additional online services to bring conventional services to the digital platform.

It has, nevertheless, cut MyEG’s FY20-FY22 earnings forecasts by 4%, 12% and 16% respectively. This is taking into account a higher effective tax rate of 24% (from 2%) in 2021 and 2022.

That said, the research house thinks that potential earnings upside from a visa project and its foreign worker matching service following the resolution with its Bangladesh counterpart “should be more than enough” to offset the increase in taxes.

At the close of yesterday’s trade, MyEG saw its shares ending one sen higher to RM1.17.

Meanwhile in a filing with Bursa yesterday, MyEG said that its unit MyEG Philippines Inc has launched a contact tracing and digital health profiling smartphone app known as MyEGuard, which enables authorities to carry out contact tracing to contain the Covid-19 pandemic.

MyEG Philippines started implementing the MyEGuard for cities such as Paranaque City, NCR, Kidapawan City, North Cotabato and Ilagan City, Isabela (Central Luzon) in the Philippines.

Wahhhh Wong TS through Asia Internet has 10% stake, EPF and Kump Wang Persaraan 5%

yes here it is supermax company buyback...
Details of ChangesView

30-Apr-2020 30-Apr-2020 Buyback 2,888,000 2.420 2.480 View Detail
30-Apr-2020 30-Apr-2020 Buyback 2,888,000 2.420 2.480 View Detail
27-Apr-2020 27-Apr-2020 Buyback 1,672,100 2.340 2.450 View Detail
23-Apr-2020 23-Apr-2020 Buyback 1,791,323 2.240 2.300 View Detail
22-Apr-2020 22-Apr-2020 Buyback 2,660,600 2.080 2.140 View Detail
21-Apr-2020 21-Apr-2020 Buyback 5,000,000 1.950 2.000 View Detail
16-Apr-2020 16-Apr-2020 Buyback 5,888,000 1.870 1.910 View Detail
15-Apr-2020 27-Apr-2020 Buyback 25,900,023 1.760 2.450 View Detail
15-Apr-2020 15-Apr-2020 Buyback 8,888,000

thanks for info poseidon80. bless you

Analysts gonna upgrade TP for MYEG.
RM 1.70 is now a catwalk....... Higher, higher.....

SUPERMAX FINANCIAL RESULTS. Remember MYEG is SUPERMAX 2.0..........
Financial Year: 30-Jun-2020
20-May-2020 31-Mar-2020 447,247 95,277 72,349 71,056 16.18% 5.90% 5.42 0.00 0.9200 135.56% 105.26%
25-Feb-2020 31-Dec-2019 385,497 41,829 30,022 30,165 7.79% 2.69% 2.31 0.00 0.8600 21.89% -20.90%
28-Nov-2019 30-Sep-2019 369,941 32,443 24,960 24,747 6.75% 2.14% 1.89 0.00 0.8500 64.33% -31.15%

And seriously look at Amazon, Microsoft, Netflix, FAANG Stocks counter in US. All in hundreds of Dollars (Amazon top thousand). Even TESLA...

in that case net earnings will double . Currently EPS 8 sen. Will be 16 sen next year. X 25 PE= RM 3.5 for MYEG. Conservative estimates.

Hidup Dalpinia Hidup Poseidon

Hidup Poseidon and Dalpina. !!!!!!

Poseidon Taiko said online business will quadruple Myeg earnings just like Supermax......
Financial Year: 31-Dec-2019
27-Feb-2020 31-Dec-2019 119,692 69,494 68,623 69,283 57.33% 10.01% 2.00 2.00 0.1981 14.66% 18.12%
28-Nov-2019 30-Sep-2019 119,142 60,442 60,115 60,426 50.46% 9.39% 1.70 0.00 0.1847 3.83% 161.99%
Financial Year: 30-Sep-2019
29-Aug-2019 30-Jun-2019 119,133 56,999 58,267 58,199 48.91% 9.87% 1.70 0.00 0.1680 0.29% 3.72%
30-May-2019 31-Mar-2019 121,738 62,026 58,201 58,028 47.81% 9.71% 1.70 0.50 0.1702 -1.07% -0.89%
26-Feb-2019 31-Dec-2018 116,233 59,136 58,123 58,656 50.01% 10.21% 1.70 0.00 0.1626 160.18% -0.66%
Financial Year: 30-Sep-2018
29-Nov-2018 30-Sep-2018 138,334 -96,650 -97,757 -97,474 -70.67% -17.16% -2.70 0.00 0.1599 -273.71% -284.67%
30-Aug-2018 30-Jun-2018 107,442 55,985 55,509 56,113 51.66% 8.46% 1.60 1.40 0.1848 -4.16% -5.66%

but supermax directors got acquire their own shares before the run up adakah ?

wah brave words poseidon, thank you

Take your arguments outside people !
TP for June 2020, Target for 2020 anyone ?