MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.885

Today's Change

+0.005 (0.57%)

Day's Change

0.875 - 0.885

Trading Volume

9,124,100


68 people like this.

66,982 comment(s). Last comment by hng33 3 hours ago

Posted by whitesamurai > 2 weeks ago | Report Abuse

@1pingpong, yaya…bilis like me already quit n stand outside watch it at early before that…that’s why i said don’t buy…

1pingpong

759 posts

Posted by 1pingpong > 2 weeks ago | Report Abuse

when you see crosstrade....then its easy to predict next move adi.

Posted by ArsenalBoyz > 2 weeks ago | Report Abuse

The crosstrade was how many shares?

1pingpong

759 posts

Posted by 1pingpong > 2 weeks ago | Report Abuse

1200000 units

1pingpong

759 posts

Posted by 1pingpong > 2 weeks ago | Report Abuse

myeg is a superb company. wil go far above RM1.00. No doubt about this. speaking from experience.

1pingpong

759 posts

Posted by 1pingpong > 2 weeks ago | Report Abuse

today might be the bottom day. Might

ocbc

1,160 posts

Posted by ocbc > 2 weeks ago | Report Abuse

Have to thanks the market to make it "cheap" again for retail investors to collect undervalue companies cheaply. Cheers !

ocbc

1,160 posts

Posted by ocbc > 2 weeks ago | Report Abuse

75 cents kambing !

Posted by whitesamurai > 2 weeks ago | Report Abuse

@1pingpong, why it keep sell down with huge selling pressure even got good news? Lucky sell off at above 0.95 there…feel wasted time with this stock…seem no worth to buy

Posted by whitesamurai > 2 weeks ago | Report Abuse

Above 1? Usually after RM 1 will no longer to support and crash down from there…

hwtham

124 posts

Posted by hwtham > 2 weeks ago | Report Abuse

https://theedgemalaysia.com/node/731947
MYEG got investment in this company FashionValet.

Posted by whitesamurai > 1 week ago | Report Abuse

Hehehe…no wonder boss keep selling…hopeless to get up at the short time

moneySIFU

5,862 posts

Posted by moneySIFU > 1 week ago | Report Abuse

It's only less than 6% stake. Nothing to worry about. Probably it's price paid for something else. Malaysia style.

MyEG Capital Sdn Bhd — a subsidiary of MyEG Services Bhd (KL:MYEG) — with a 5.78% stake.

James_Bond

3,420 posts

Posted by James_Bond > 1 week ago | Report Abuse

Wow, my bearish myeg prediction is right again! Let’s short myeg down to gain back your losses! Haha!

Posted by azfarInvest > 1 week ago | Report Abuse

@whitesamurai, i think maybe bos wanna reduce the 2% redundant individual dividen tax. then get back on through his investment company. can avoid the 2% tax. at the same time can drive the price down, then his investment company can collect low before pushing up again.....maybe la..

fair2play

20 posts

Posted by fair2play > 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....

fair2play

20 posts

Posted by fair2play > 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.

fair2play

20 posts

Posted by fair2play > 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.

Posted by whitesamurai > 1 week ago | Report Abuse

Zetrix trading? Why USA sec will involve in such trading?

Posted by Invest23 > 1 week ago | Report Abuse

fair2play, how do you know about the private sale of a million tokens in Q3? As the Zetrix whitepaper announcement states, the huge volume of digital assets (Tokens) has been released from the core team and community incentives, not from private sales. Don't tell me that just the circulating supply of September minus the supply of June.

Can you share we me how you know that the million sales of tokens in Q3? Thank you.

2Invest

115 posts

Posted by 2Invest > 1 week ago | Report Abuse

https://vulcanpost.com/874962/khazanah-pnb-lost-rm43il-fire-sale-fashionvalet/

MyEG Capital is also a shareholder with 283,246 ordinary shares. MyEG Capital had actually given FashionValet its seed funding of RM1 million in 2012.

It's only merely 1 million invested in FashionValet.

James, please short it down to 80sen & I will collect some. LOL

From 2015 having 68M profit & last 4 quarters total having close to 600M profit. If that's not a good biz I don't know which one is 😂

Anyway just hope that today can hits 80sen & below. To me it worth about RM2. If I can collect below 80sen, chances of having > 100% return is high in near term.

So let's see how Mr Market perform today.

Tenka226

153 posts

Posted by Tenka226 > 1 week ago | Report Abuse

Look forward Mr. Wong to buy back the shares ..

Trader9

68 posts

Posted by Trader9 > 1 week ago | Report Abuse

can wait for confirmation candle next week.

Posted by whitesamurai > 1 week ago | Report Abuse

2Invest, 80 cents can buy already? Will join you and wait there… lol

Trader9

68 posts

Posted by Trader9 > 1 week ago | Report Abuse

breaks 86.5sen would be nice

fortunefire

1,514 posts

Posted by fortunefire > 1 week ago | Report Abuse

waiting for tp 0.9x

abcb

3,039 posts

Posted by abcb > 1 week ago | Report Abuse

Hope to reach 1.00 this week

Posted by whitesamurai > 1 week ago | Report Abuse

Hey guys! Can drop below 0.8 first? I only will consider buy it lol

Posted by whitesamurai > 1 week ago | Report Abuse

Going up 1.00?? So funny….even can’t stand above 0.85-0.855 lol

U1818

705 posts

Posted by U1818 > 1 week ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1419295/%E5%A4%A7%E5%8D%8E%E7%BB%A7%E6%98%BE-%E5%B8%83%E5%B1%8011%E6%9C%88%E8%B4%A2%E6%8A%A5%E5%AD%A3-10%E9%A6%96%E9%80%89%E8%82%A1%E6%96%99%E8%B6%85%E8%B6%8A%E5%A4%A7%E5%B8%82

大华继显:布局11月财报季 10首选股料超越大市
MyEG第三季表现料创新高

MyEG(MYEG,0138,主板科技股)旗下首层公共区块链平台Zetrix与中国海关推出双向跨境服务,随着海关项目商业化启动并开始产生交易和使用费,预计Zetrix的服务销售将会持续增长。

另外,该公司在政府部门的特许经营也被延长,预计在短期至中期内公司的业务提供支持。

交通局在2023年第一季引入数字路税更新的该公司的影响不大,交易量仅减少5%,而移民局服务的贡献依旧相对稳定。

催化剂包括大马身份证和世界身份证服务。2024财年第三季表现预计创新高。

1pingpong

759 posts

Posted by 1pingpong > 1 week ago | Report Abuse

its always when the least expected...and the durian runtuh happen.

hng33

20,481 posts

Posted by hng33 > 1 week ago | Report Abuse

Zetrix platform set to spur MyEG’s earnings
PETALING JAYA: MyEG Services Bhd’s (MyEG) earnings prospects remain bright going forward, thanks to its Zetrix blockchain platform.

UOB Kay Hian (UOBKH) Research said MyEG’s prospects remain rejuvenated with plenty of emerging catalysts such as earnings growth from Zetrix-related services and involvement in multiple Malaysian e-government projects.

The recent commercial launch of Zetrix cross-border services also provides assurance on stable recurring revenue and healthy cash flows moving forward, the research house added. After investing over RM1bil to develop its Zetrix blockchain, MyEG launched multiple applications on the platform.

This includes the Ztrade blockchain platform in the China customs, certificate of origin authentication services, smart contract verifiable credentials and blockchain-based digital signing and others.

UOBKH Research said some of these government-to-government blockchain applications under the Zetrix platform solidifies the company’s presence within the domestic e-government space, with more adoption across various ministries.

Earlier in October, MyEG commenced its partnership with Heitech Padu Bhd for Malaysian e-government projects.

To note, HeiTech Padu recently secured a National Integrated Immigration System project worth RM892mil. It also secured another two contracts worth around RM324mil from the Road Transport Department this year.

Leveraging on HeiTech Padu’s back-end system expertise, MyEG is able to develop a holistic platform incorporating its front-end solutions for various e-government projects in the future, the research house said.UOBKH Research is maintaining a “buy” call on MyEG with a target price of RM1.42.

For its second quarter ended June 30, 2024, MyEG’s net profit rose to RM165.42mil from RM111.56mil in the previous corresponding period, while revenue grew to RM242.28mil from RM184.88mil a year earlier.

In a filing on its quarterly performance, the company said it expects to continue introducing innovative services by leveraging on new technologies

https://www.thestar.com.my/business/business-news/2024/11/06/zetrix-platform-set-to-spur-myegs-earnings
https://coinmarketcap.com/currencies/zetrix/

U1818

705 posts

Posted by U1818 > 1 week ago | Report Abuse

It is totally unexpected that the price of MYEG could stay below RM1 for so long.

hng33

20,481 posts

Posted by hng33 > 6 days ago | Report Abuse

Trump will win

hng33

20,481 posts

Posted by hng33 > 6 days ago | Report Abuse

Trump is cryptocurrency supporter.

hng33

20,481 posts

Posted by hng33 > 6 days ago | Report Abuse

Myeg cryptocurrency, zetrix, is worth multibillion in USD market capitalization

hng33

20,481 posts

Posted by hng33 > 6 days ago | Report Abuse

Trump’s comments at the 2024 Bitcoin Conference in Nashville, where he said, “I pledge to the Bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris’ anti-crypto crusade will be over,” stating firmly that “it will end. It will be done.”

Trump and republican will end Democrats’ unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency. We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control

hng33

20,481 posts

Posted by hng33 > 6 days ago | Report Abuse

Trump claimed that “crypto has got a great future. I think it really does. Maybe we will pay off the $35 trillion national debt in crypto.

Posted by AllIsVanity > 6 days ago | Report Abuse

What I like about MYEG is the share price stays the same regardless of good or bad news.

1pingpong

759 posts

Posted by 1pingpong > 6 days ago | Report Abuse

relax. myeg will go past rm1.00

Posted by yongpin1997 > 6 days ago | Report Abuse

Zetrix 17.70, let’s go MYEG!

hng33

20,481 posts

Posted by hng33 > 2 days ago | Report Abuse

Bitcoin surged past US$80,000 for the first time on Sunday, driven by the incoming president’s support for digital assets and the election of pro-crypto lawmakers

hng33

20,481 posts

Posted by hng33 > 2 days ago | Report Abuse

Myeg, zetrix coin on track to break all time high.

Posted by CarolineTeoh > 2 days ago | Report Abuse

Zetrix platform is looking good 🙆

hng33

20,481 posts

Posted by hng33 > 1 day ago | Report Abuse

"The fact that bitcoin was trading near all-time highs when the election result came through meant that it had clean sky above."

Right time for Myeg, zetrix coin to soon breakout historical all time high to stay above USD 20 for its own next level clean sky.

Currently, Myeg derive about 30% profit from zetrix, such margin will increase to above 50% soon and will ultimately replace local concession become major source of profit for myeg

Posted by AllIsVanity > 21 hours ago | Report Abuse

Same old same old; see if it can turns the tables after quarter announcement.

U1818

705 posts

Posted by U1818 > 3 hours ago | Report Abuse

13-11-2024 10.55am >>>>>>> Zetrix = $20

hng33

20,481 posts

Posted by hng33 > 3 hours ago | Report Abuse

YES, myeg zetrix have breakout all time high above USD 20, sky is limit
https://coinmarketcap.com/currencies/zetrix/

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