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1 week ago | Report Abuse
...Pump and dump is classic play on few days leading festive holidays, ie Deepavali. These strong insiders squeeze for shares at possible prices before they ramp MYEG price up to 95 sen from around 80 sen before MYEG announces 3rd quarter results ( in next 1 to 2 weeks likely ) which will be another records, 50% chance PAT 170 mil to 180 mil; 50% chance around 190 mil to 200 mil, based on the hundreds of millions made from newly issued and sold Zetrix tokens in Aug, Sept and Oct 2024 at around USD15 per token.
1 week ago | Report Abuse
Though i have made lots of money from MYEG for a few rounds by buying lows and selling highs, but i condemn the way the strong hands manipulated the prices by pumping and dumping. All investors must condemn this kind of so looped sided rules. More so, MYEG's zetrix is listed in coinbase exchange for trading. I suggest those insiders do the same in Zetrix trading....
1 month ago | Report Abuse
MYEG is your prosperity friend provided you have the stamina to endure pains inflicted by highly unfair manipulative stock prices and the on going manipulative stock dumping and scooping aka "married deals" is cut shot. Then MYEG jumping to RM2 - RM5 is highly possible.
1 month ago | Report Abuse
Here are the tailwinds that will somehow catapult MYEG share price:
1) About 15 million of new Zetrix tokens have been issued and sold at around USD15.50 in August 2024, totaling USD232.5 million (equivalent to RM1.023 billion at USD-RM 4.4 rate ). MYEG's share at 56% stake in Zetrix is about RM570 million. Of course, the top line has not deducted the Zetrix costs, including minting costs, exchange costs etc. In September, a few more millions of zetrix tokens were sold above USD15.50. The fact that points to the size of the deal matters. As of today, in total 176 mil of Zetrix tokens have been issued and sold since its inception in October 2023.
2) MYEG fortune is now tied to China's prosperity. China and HK markets are hot and surging and have become the haven for prosperity as a results of geopolitics and China's macro & micro economic policies. Do you want to jump into China play ?
3) MYEG's is announcing in Nov its 3rd quarter results. It will be a boom, probably breaking RM200 mil profit if not above RM180 mil.
1 month ago | Report Abuse
MYEG share price will somehow fly to the roof between RM2 - 5 given a long enough passage of time. Don't get duped and frightened by the frequent dumping (sell ) and scooping (buy) vie married deals by the very same parties which are disclosed in Bursa, provided you go in within key support prices and can take paper losses 10% - 20%. His action is so wrong because it points to taking advantage of SC rules and distorting price discovery to his sole benefit. In USA, doing such thingy will get hauled by SEC and be sent to jail ( like the Binance founder guy's fate ). Alas, here is a different world...
1 month ago | Report Abuse
Myeg is RM5 any time if this country's capital market ecosystem is working for greater good. Alas, local funds managers are more interested in chasing up those property cos ( sick and half sick cos) who announced going to sell lands for building data centers . Do they know what it takes to run a in demand data center ?
1 month ago | Report Abuse
In US, blockchain ecosystem, together with AI computing power, causes the revolution of data centers from offering basic storage to hyper computing features. If msia wants to be data center hub , in deed and in substance, in SEA, then blockchain is an intergral part of data center ecosystem. myeg is reckoned to be driving force towards it. So, don't get misguided by the dirty word "minting token" , because minting is an important piece of self funding (vie tokenisation ) to get new money in to build and expand a big project
1 month ago | Report Abuse
China has already generously offered and shared its national strategic blockchain technologies with myeg ( by extension ) to act as its International Node in SEA. Now, China wants to see if its generosity will be implemented swiftly. Else, Indonesia will take over the role. It's is similar to the HSR episode....
1 month ago | Report Abuse
If MYEG venture in blockchain is not appreciated by the local capital market players ( whose banking license attached to to national responsibility is to efficiently allocate scare capital to the most productive assets ) in msia, the end is the blockchain business be bought over by a consortium private capitalists ( including Blackrock ) and be listed in HK or US.
1 month ago | Report Abuse
MYEG has adopted a very safe approach to monetize its RM1 bil investment by TOKENIZATION. It has minted 1.2 bil Zetrix tokens (aka printed "cypo money") and has only released and sold about 170 mil Zetrix tokens (initial offering was USD4 / token) when Zetrix was listed for trading in crypto exchanges. It has to manage Zetrix price, currently at USD15 - USD16 by releasing more Zetrix tokens when demand from Zetrix increases during to trading and purchases by exporters who need Zetrix tokens to purchase blockchain service for their goods to be exported to China. So, Zetrix tokens as per people in the trade are forecast to surge to USD30 in 2025 and USD50 in 2026 as international trade with China increases.
1 month ago | Report Abuse
China has selected MYEG as one of its first overseas partners to establish an international node covering South East Asia region to link back to China's core backbone blockchain. If you search in AI platform, the cost per custom documentation is rumored at between RM100 - RM150...
1 month ago | Report Abuse
China's national policy has targeted year 2025 when its blockchain use is widely implemented in all government processes including port custom electronic documentations . So, Malaysia whether like it or not, will have to comply by using blockchain technologies to submit custom processes in order to exports its goods to China ports. Malaysia trade with China is about RM200 billion per year....
2 months ago | Report Abuse
...can be debunked. And small shareholders create upper hands in discovery of price.
2 months ago | Report Abuse
Small shareholders should promote this company vie social media, so that the disinformation from analysts and promoters
2 months ago | Report Abuse
Zetrix cypto tokens are projected to rise to USD 50 in 2025 - 2026 .
Income from Validation of certificate of origin ( blockchain technology being used ) for custom documentation between China and M'sia will grow. Msia trade with China is RM200 bil.
In 2024, income from blockchain is estimated to be RM250 mil.
Blockchain holds 2.4% , Vanguard and its ETF hold > 2%
Blackrock owns and manages Bitcoin
Zetrix will soon be listed on Hong Kong Crypo Market
This year's 2024 estimate profit RM600 - RM700 mil
2025 estimate profit RM800 mil - RM1 bil
2 months ago | Report Abuse
The stock price cannot reflects its true value just because it has been controlled by certain big whales. But how long can they continue to control the price as Zetrix has been freely traded on US crypto exchanges. Here are the emerging facts that will unfold in coming months
2 months ago | Report Abuse
If Trump wins the coming Nov 5 election, small players will out run the few big manipulative local whales. Btw, Blackrock and Vanguard do hold shares in it < 2% for now.
2 months ago | Report Abuse
This company is a "bank" that can print "money". It has minted close to 1.2 billion of crypto coins ( called zetrix ) at a cost of < USD4 per coin . Today about 15% 170 millions of zetrix crypto coins has been released and floated in crypto exchange. Today each zetrix cryto is traded at USD16. Its intrinsic value is much valuable than any bank in this country. https://coinmarketcap.com/currencies/zetrix
2 months ago | Report Abuse
Small players are just forced to play to the few big whale's script. So loop sided rules...
Stock: [MYEG]: MY E.G. SERVICES BHD
1 week ago | Report Abuse
....MYEG provides blockchain technology. Blockchain exists to prevent manipulation and to promote transparency. But, ironically, MYEG shares are the most manipulated stocks under broad day light. I suggest those insiders go do the same in Zetrix trading. I will see if USA SEC will come after them or not.