Macc news again Bestari... mulling etc..

Macc investigations normally internal affairs... already 2 times in the news... and today same topic once more...

Why report this? ... going to close shop? Fined millions?

Ada udang disebalik batu..

https://youtu.be/O4wofGfZgLA?si=i_JMhLTxXMTBVyqU

Jjptr:

Pbt. Before that is PBIT. (11m last quarter)
Tax was 551k last quarter.

https://www.thestar.com.my/news/nation/2024/03/06/driving-tests-go-electronic

https://youtu.be/0NYbhC6kHSM?si=KhpifZOLwze8zjyC

https://www.astroawani.com/berita-malaysia/anthony-loke-jpj-introduce-e-testing-april-460941

Supposed to be a few vendors... hmm. Only can find Myeg and Heitech articles on POC e testing.

E testing.. who are the vendors .. Myeg and Heitech? Initially there were 4 for POC.
<

Traders tricky.
Mid term holders ok.

https://www.scoop.my/news/179441/heitech-padu-shareholdings-jointly-owned-by-sultan-of-kelantan-says-farhash/

https://www.malaysianow.com/news/2023/05/10/anwar-loyalist-made-executive-chairman-of-fintech-company

Spot on.

https://www.malaymail.com/news/malaysia/2024/03/05/to-curb-graft-transport-ministry-launches-computer-based-system-for-driving-tests/121536

https://www.nst.com.my/business/corporate/2023/12/988550/myegs-zetrix-introduces-digital-identification-card-driving

Hmm 🤔

https://www.klsescreener.com/v2/announcements/view/6328397

Syndicate applying chokehold on Myeg...

May also only move when results out for last quarter ie end of Feb. From now till then...syndicate decides.

Q to buy low or don't buy or sell. Let them shiok sendiri.

Q at the level the short sellers waiting to buy.....do not buy the price they want to sell.

50 million net short position yesterday.

So they still trying hard...

The recent top up of EPF for 44-55 with less than 10K...may have contributed to negative momentum..

And yep...at their mercy. So to sell or buy or hold on...is the tricky part vs them.

Imagine you have millions...zoom in on something negative with mass short sell....and buy back cheap...

Smokescreen...

If they manage to create fear with enough capital .. profitable to short sell.

Money can be made both ways.

https://www.nst.com.my/news/nation/2024/01/998944/govt-not-anti-gst-doing-so-requires-detailed-consideration-rafizi

In other words.. a polite way of saying akan datang.


Will follow Singapore for sure.

https://paultan.org/2023/07/24/nationwide-rollout-of-jpj-e-testing-automated-driving-test-system-at-the-end-of-this-year-anthony-loke/

https://www.nst.com.my/amp/business/corporate/2023/11/984738/myeg-gets-jpj-nod-start-pilot-test-e-testing-drivers

Got chance for contract?

How is the ICO recorded in its Oct-Dec accounts?
Thanks in advance.

https://www.malaymail.com/news/money/2023/12/09/myegs-zetrix-introduces-digital-identification-card-driving-licence-to-chinese-nationals/106741

Follow the experts.

Sell and wait for operators to push down to 0.76 +-

Then up 0.82 +-

Then down If they want to 0.7 is possible.

Higher than 0.85 if they feel like it.

Big sharks. Good profit announced, analysts say up. IDSS says my foot.

Well guess all wait at 0.76. Everyone waiting for it to drop... news or no news.

Predictable.

Nothing we can do.


Shark infested.

https://www.thestar.com.my/business/business-news/2023/11/22/defi-set-to-drive-myeg-earnings

Zetrix will earn like crazy ....just a few months in action and traffic is building. More countries to join.

https://theedgemalaysia.com/node/690627

https://www.freemalaysiatoday.com/category/nation/2023/11/20/rm107mil-spent-on-immigration-project-before-contract-terminated/

https://www.klsescreener.com/v2/announcements/view/5872415

Zetrix Official telegram...

Join to stay updated.

The Edge: (14 Sept)
Formalisation of MyEG’s concession extension expected soon, says Maybank IB.

...anytime now..

Yep, gonna fly.

From Zetrixoffial in Telegram:
Unlikely this month. We have new partners that need time to integrate into the chain. We will keep u all posted.

https://www.thestar.com.my/business/business-news/2023/09/19/myeg-services-e-government-foundation-remains-firm

https://www.klsescreener.com/v2/announcements/view/5719297

https://theedgemalaysia.com/node/682495

https://www.klsescreener.com/v2/announcements/view/5260063

MySejahtera alone costs xx

This is China trade documentation etc

Volume alone … anyone’s guess.

Looking at Zetrix…

It’s a mammoth…..

Immigration and JPJ looks like peanuts in comparison…

15 countries Rcep.

Ztrade aims to render cumbersome, risky paper-based procedures a thing of the past.…this alone already a big plus…excluding other benefits..

Excluding other Phillipines, workers quarters..

At 73 cents…plus minus…

Kwsp still has 552 million inside..

Your call..🤔

Bimb and Midf puts it at TP Rm$0.93-1.15 …. Plus minus salt pepper…

GoldenB it was a source. No one from immigration or Myeg said a thing. No details. No denial or confirmation. Till now .. Myeg logo still at immigration website…

Kwsp dumping?
Myeg if no… say no lah.
Immigration if no .. say no lah.

Semua diam diam…

That Mca man article is technically correct. But it’s between expiry and renewal .. scroll backwards to se the comments. Original acticle was in Chinese.

04 Jul 2023
2,241,700
Acquired Indirect Interest
Name of registered holder Kumpulan Wang Persaraan (Diperbadankan)

Quote unquote not for this stock but …who knows

Which means, the company wanted to cross some shares to this “particular party” without getting noticed! Based on our team’s experience, this normally means that this new shareholder of the company had something to do with the company’s future development.

Remarks :
1. Crossing of shares pursuant to financing arrangement via indirect interest.
2. Acquisition of shares via indirect interest by way of Direct Business Transaction.
3. Disposal of shares via direct interest by way of Direct Business Transaction.
4. Disposal of shares via indirect interest by way of Direct Business Transaction.
5. The percentage of direct and indirect interests as at the Date of Notice exclude 72,116,800 ordinary shares bought back by the Company and retained as treasury shares.

As investors are aware, DBT is the acronym of Direct Business Transaction. It is a method of crossing shares without going through the open market, which very buy and sell transaction would affect the current stock price of the company.