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2019-05-21 16:35 | Report Abuse
IPO DROP , EH DONT TRAP UR INVESTOR
2019-05-21 16:22 | Report Abuse
teooo seng make lost money fa good oso no use damn , fa good price drop 19% in 3 days wtf
2019-05-21 16:17 | Report Abuse
PROSPECT WRITE TILL SO GOOD PRICE DROP 19% IN 3 DAYS DAMN U DONT WRITE BETTER
2019-03-22 10:02 | Report Abuse
stocks market is not a place u can win everyday lol
2019-03-22 10:02 | Report Abuse
later margin call the price drop 20% then u know run when able to run
2019-03-19 20:34 | Report Abuse
is it good buying on dip
2019-03-19 20:33 | Report Abuse
lol why buy dayang in the first place ? fundamentally didnt change company didnt change profits didnt change , what is change only is people fear only hahah
2019-03-11 20:41 | Report Abuse
fear dow futures break support edi global bear
2019-03-11 20:38 | Report Abuse
i think mr koon cost average around 1.2 ++ cause he keep buying my guess only
2019-03-09 23:38 | Report Abuse
i buy abit for intra day
2019-03-09 19:30 | Report Abuse
the company is keep buying back the shares like myeg
2019-03-09 17:29 | Report Abuse
gkent company is very good very very low debts lrt 3 on project coming , roe oso good profit margin oso good GOGOOG
2019-03-07 20:37 | Report Abuse
this rocket sure fly to rm 1.96 cimb target
philipines expension profiting
2019-03-06 22:55 | Report Abuse
TP " RM1.96
MY E.G. Services
MyCC finally accepts MyEG’s changes
■ MyEG announced that the MyCC has accepted the changes made by MyEG
to the group’s online foreign worker renewal services.
■ This is positive news for MyEG as it should bring to a close MyCC’s 4-year
challenge against the group for alleged monopoly abuse.
■ Remains an Add; registration of new foreign workers is expected to be the
domestic operations’ new revenue growth driver over the next few years.
MyCC has accepted MyEG’s changes
● MyEG announced that the Malaysia Competition Commission (MyCC) has accepted
the changes made by MyEG and its subsidiaries to the online foreign worker renewal
system. As such, with the acceptance of the changes made, the daily penalty of
RM7,500 by MyCC will cease with immediate effect. Penalty up to the date of the
acceptance amounted to RM9.64m, of which MYEG has paid a total of RM6.4m so far.
● With the acceptance by MyCC, MYEG is of the view that the group has fully complied
with the decisions made earlier by MyCC and its Competition Appeals Tribunal (CAT).
But appeal to the Court of Appeal remains
● However, MyEG said the appeal, which it had earlier filed to the Court of Appeal, will
continue. MyEG had filed an appeal to the Court of Appeal against the decisions made
earlier by MyCC and CAT and the penalty imposed by MyCC.
This is positive news
● This is positive news for MyEG. MyCC’s acceptance of the changes made by MyEG
for the foreign workers renewal services effectively ends MyCC’s four-year challenge
against MyEG. The company has so far paid RM6.4m penalty to the MyCC with
RM3.2m yet to be paid. Assuming MyEG wins the appeal case against MyCC, the
company can write-back the RM6.4m which it has already paid, boosting FY19F EPS
by 2.1%. If MyEG loses the appeal case, it could hurt its FY19F EPS by 1%.
Focus on new services, registration of new foreign workers
● In 2019F, MyEG will focus on its new services, the online registration of new foreign
workers (NFW), which is expected to be its new revenue growth driver for domestic
operations over the next 1-2 years. In view of MyEG’s experience in handling foreign
workers’ work permit renewals and its close relationship with the government, we
believe the company would be one of the major independent agents for NFW
registrations this year.
● MyEG expects to generate an average revenue of RM2,000 per NFW. It is currently
waiting for the government to set the quota for NFW for 2019F. Once the quota has
been set, the company could start registering the NFWs. In our earnings forecast, we
have assumed that MyEG will register only 5,000 NFWs p.a. in FY19-20F. Based on
our sensitivity analysis, every additional 10,000 NFW registrations would boost our
FY19-20F EPS by 3.2-3.3%.
Remains an Add
● We maintain our EPS forecasts and target price, based on an unchanged 21x 2020F
P/E, a 40% premium over the technology sector’s 2020F 15x target P/E; the premium
is to reflect the strong earnings growth potential from overseas operations over the
next few years. The stock remains an Add. Re-rating catalysts are stronger-thanexpected overseas profits while a downside risk is failure to register NFWs in Malaysia
this year
2019-03-06 22:35 | Report Abuse
omg sold then go back up T.T
2019-03-04 23:36 | Report Abuse
RM8 THE NEXT LATITUDE
2019-03-04 17:12 | Report Abuse
highest revenue all time going back to rm 1
2019-03-04 17:11 | Report Abuse
why buy wc lol not worth buy mother la
2019-03-04 17:08 | Report Abuse
not yet earn money sapura , wait earn just i look
2019-03-03 23:43 | Report Abuse
DCMH whats your networth
2019-02-28 23:27 | Report Abuse
30m left on 25th then continue to sell from 26,27,28
i estimate they have around 5-8m so 1-2 more days left they sell
2019-02-28 23:25 | Report Abuse
kwap have around 5-8million sahre left
2019-02-26 02:06 | Report Abuse
if super good qr probably limt up like dy
2019-02-26 02:04 | Report Abuse
2 more days disposed finish edi left 50m share
Stock: [PCCS]: PCCS GROUP BHD
2019-07-19 15:25 | Report Abuse
tp rm2