We have taken profit from this counter today and will focus on counter that will benefit with this good news. Some airlines seem cheap now. Airport is too cheap now.

Thanks MyEG

I will take profit today from this counter today and will focus on counter that will benefit with this good news. Some airlines seem cheap now. Airport is too cheap now.

Thanks TopGlove.

I wonder what the first thing family with money will do after stuck more than 2 months at home ?

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/06/17/china039s-inactivated-covid-19-vaccine-shows-promising-results

I wonder what the first thing family with money will do after stuck more than 2 months at home ?

Yes, it disappeared. Same goes to Covid-19. But vaccine will speed-up the process.

I wonder what the first thing family with money will do after stuck more than 2 months at home ?

Finally, we have promising Covid-19 vaccine .

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/06/17/china03... .

Covid-19 expected to disappeared like SARS .

Finally, we have promising Covid-19 vaccine .

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/06/17/china039s-inactivated-covid-19-vaccine-shows-promising-results .

Covid-19 expected to disappeared like SARS .

Finally, we have promising Covid-19 vaccine .

https://www.thestar.com.my/aseanplus/aseanplus-news/2020/06/17/china039s-inactivated-covid-19-vaccine-shows-promising-results .

Covid-19 expected to disappeared like SARS . Everybody can travel and Airport will become busy again.

The Connect County are mark-up now and should be ready to be shorted whenever the time is right.

poseidon80 ,
We can't do that. It will trigger Sell Off by other bots.

We will bring it down to RM1.380. You may dispose first and acquire later

We will bring down the price again to shakeout some dump money. But we will mark up again after we clear some weak holders

The sky is clear today. Most of the big boys are in acquisition mode on this counter. Something is brewing but it's an open secret with many announcements that already made by MYEG. You just need to read between the lines.

:)

We already receive memo to focus on some very good fundamental counters and MYEG is top 3. We will enter this counter again starting today from some profits we made yesterday.

MYEG, an undervalued stock with high potential returns.
https://www.theedgemarkets.com/article/investing-economic-recovery

“MyEG is an attractive investment provided it obtains renewal of its master concession, which is due soon. It is the leading e-services provider in Malaysia. The stock is trading at 11 times PER (price-to-earnings ratio) for FY2020 and 9.8 times for FY2021, based on forecast earnings,” he says.

Anyway, the sharks sold thier share today because of automation smart money which they fail to reprogram according today's scenario.

Some of them are configured to accept pre-market values which not yet opened or confirmed.

That is why you see some sold off in the afternoon.

Hahaha...
That's funny. I like the comment

Big boys took opportunity to shakeout weak holders for the past few days. They also panicking buying from dump money and should be ready to mark up soon.

Don 't worry. No big boys touch MYEG counter today. They are occupied with glove counters.

As I mentioned before, we are going to short the glove counters. Please join us making money by shorting Glove counters.

I think myeg Investors do not need to worry. You should only worry if you bought high price for glove and finance counters since most bots are aimed to short the counters once that option enable for retailers as well.

The shorting campaign for glove will start as soon as there is news about recovery of Covid-19 in US.

Yes, MYEG will hit RM2 someday. For investor, just wait...it will come

RM1.31 volume is 10,701.

EPF will come again later which I hate that. They need fund for upcoming opportunity as well.

This counter is good for investment and trading. Unfortunately, my bullet is not enough for upcoming opportunity.

I already bough at RM1.31 this morning. Unfortunately, I probably need to take profit before this noon.

I just sold all my MYEG share yesterday at RM1.5. Infact, I disposed all my share at other counters as well. Seems all the big boys are in dispose mode since yesterday afternoon.

jb161802,
I have some lots on Connect as well. But planning to sell it tomorrow after mark-up today. The counter will be pullback due to lack of good fundamental. Sell it first thing in the morning when they are doing Up-Trust.

If you google properly, you can already see the good announcements.

Yes, I always lucky. :)

Since smart money in position for mark up, I 'm going to take profit from my CIMB and Top Glove to invest on this counter.

J7,
The letter from FDA was issued on a few days ago. Existing MYEG testing kits revenue probably less than RM300 millions. With the letter, they can penetrate Hospital and clinics and that will many millions in thier revenue.

I wonder how many workers in Malaysia not yet tested and will take the opportunity to enjoy the RM150 subsidies with MYEG.

Good news!!!
I just got this news yesterday from the market which they have been keeping quiet since last week to allow them to accumulate last week.

FDA Grants Authorization for First Rapid Antibody Test for COVID-19 used by MYEG:

https://www.fda.gov/media/138435/download


All companies now can claim up to RM150 subsidy from the government for the test kits.

I wonder what will happen to this counter next week which have better profit margin than Top Glove.

Enjoy your weekend and start to change your Automated Machine to acquiring mode next week.

MyEG has indirectly indicated dividend in thier statement:

"The company said in a statement that it proposed to set up a dividend reinvestment plan to provide shareholders with the option of reinvesting cash dividends. Once shareholders choose to exercise the dividend reinvestment plan, the company will issue new shares to shareholders, but the selling price will be decided by the board of directors later."

I have taken profit yesterday by following the smart money. Today smartmoney started accumulation and is a time to buy more.

MY E.G.SERVICES BHD buyback 3,000,000 shares on 01-Jun-2020.

Is the Net Profit so high that they keep buying their share ?

Revenue increased this year because of overseas operations

https://www.theedgemarkets.com/article/myeg-overseas-ops-are-expected-be-profitable-year

By thew way, during MYEG presentation to the government, they have indicated that more than 50% of their employees would loss their jobs if government do not renew their contract. Do you think government dare to take such risk during this crisis when Government have promised to Malaysian that they will do whatever they can can to safeguards employment of Malaysian.

Directors and all the big hedge funds that know about the internal development about the company acquires millions of share yesterday. What will you do if you see people know about the company development panicking buying the stock before anybody else.

27 May 2020 7:13PM EMPLOYEES PROVIDENT FUND BOARD (4,349,600 units Acquired)
27 May 2020 7:13PM WONG THEAN SOON (3,967,000 units Acquired)
27 May 2020 7:13PM ASIA INTERNET HOLDINGS SDN. BHD. (3,967,000 units Acquired)
27 May 2020 7:13PM WONG THEAN SOON (3,967,000 units Acquired)

1.3 mostly belong to dump people... Sorry, I mean dump money... So, enjoy the last minutes show.

Yes, but don't panic selling to take profit tomorrow :) . This counter will break the next resistance to hit RM1.660.

:)

Alright. Smart money has cleared their stock at 1.32. And they will do that for the remaining as well.
Just enjoy the ride. Keep your stock until the government announce the good news.

RM1.31 mostly belong to smart money. It will be cleared as well.

There are so many dump money at RM1.3. They must be retailers that just learn about stock market.

Poor them. They should have learn about stock market...

The lots at 1.32 is by smart money. Don't worry, they will remove that later

I just manage to get some lots at 1.250

Most smart money has algorithm to detect news. Since the recent new rated as negative for Myeg, the smart money tooks the opportunity to shakeout weak holders.
You can see the amount of stock that they bought so that they can sell when the government announce the good news later.

Just follow the smartmoney pattern.

Why are you guys so nervous. Haven't you guys seen how smart money doing its work.

It 's a accumulation process by smartmoney to buy dump money. Just sit down and enjoy the process.