MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.88

Today's Change

+0.01 (1.15%)

Day's Change

0.865 - 0.88

Trading Volume

23,928,200


68 people like this.

67,013 comment(s). Last comment by Sweetchocalates 1 hour ago

Posted by Learner King > 2021-08-27 12:08 | Report Abuse

dropping!!!!! Run!!!

trum

7,640 posts

Posted by trum > 2021-08-27 13:23 | Report Abuse

很明显,没有人长期持有这些股票。

iHunter

711 posts

Posted by iHunter > 2021-08-27 14:04 | Report Abuse

Nice counter to short starting after the cabinet announcement...

trum

7,640 posts

Posted by trum > 2021-08-27 14:20 | Report Abuse

抽水和抛售股票?

trum

7,640 posts

Posted by trum > 2021-08-27 14:26 | Report Abuse

几乎同样的内阁部长。未来的成就会是一样的吗?

Posted by EatCoconutCanWin > 2021-08-27 15:23 | Report Abuse

buy 1.91 100unit

david123

159 posts

Posted by david123 > 2021-08-27 15:55 | Report Abuse

IHunder, you will get shot & cover in no time.

derrtan

1,796 posts

Posted by derrtan > 2021-08-27 16:22 | Report Abuse

cleared T3

Posted by kpowersohai > 2021-08-27 17:06 | Report Abuse

huge huge resistance at 1.97, failed 3 times to break it......u decide where it will go next week......think about it.....

Bgt 9963

7,445 posts

Posted by Bgt 9963 > 2021-08-27 17:07 |

Post removed.Why?

kong73

2,065 posts

Posted by kong73 > 2021-08-27 17:29 | Report Abuse

Bonus issue coming. A lot of people hoping that sellers accept lower offer

kong73

2,065 posts

Posted by kong73 > 2021-08-27 17:29 | Report Abuse

Seller should just letgo at 2.00

kong73

2,065 posts

Posted by kong73 > 2021-08-27 17:30 | Report Abuse

Dun accept offer any lower than 2 as a minimum

kong73

2,065 posts

Posted by kong73 > 2021-08-27 17:31 | Report Abuse

Recently, MY E.G. Services (MYEG) announced its 2Q21 net profit rose by 28% year-on-year (YoY) to RM80.68mil while its revenue surged 30% YoY to RM161.73mil, driven by its new concession and commercial services, along with an overall rise in online transaction volumes, among others. (The Star, 24 Aug).

Following this, Macquarie Equities Research (MQ Research) reiterated its Outperform recommendation on MYEG as the results were largely in-line with its expectations, while expecting stronger results in 3Q21. MQ Research also discussed what’s interesting and its views on MYEG’s current business situation. MQ Research’s target price on MYEG is RM2.43, which is 24% higher than yesterday’s closing price of RM1.96 (+6.0%).

Within expectations, expect better 3QFY21E results

MQ Research reiterates an Outperform recommendation on MYEG following 2Q21 results. MYEG’s 1H21 profit of RM157mn came in at 47% of MQ Research and 49% of consensus estimates, largely in line with MQ Research’s expectations as MQ Research expects stronger 3Q results. 1H21 revenue/profit continues to grow strongly at 35%/ 29% YoY since 1Q21 due to an increase in Covid-19 health screening tests and online motorcycle road tax renewals. MQ Research sees 16% 20-24E profit compound annual growth rate (CAGR) providing upside to MYEG’s 19x 22E enterprise value to earnings before interest, taxes, depreciation, and amortisation (EV/EBITDA).
What MQ Research liked, what MQ Research didn’t like and what’s interesting

What MQ Research liked. In line with MQ Research expectations, Covid-19 tests volume has contributed positively to earnings due to spike in cases in Malaysia from the delta variant and various government initiatives mandating Covid-19 tests as part of reopening. Besides that, sequential revenue was also contributed from higher online services for road tax renewal for cars and motorcycles. Moving forward, MQ Research expects to see stronger 3QFY21E given the recent announcement by Road Transport Department (RTD) that all road users’ licenses (cars and motorcycles) must be renewed by 30 Sept 2021 (link here), further boosting its road transport segment.
What MQ Research didn’t like. Margins continue to decline from business diversification towards healthcare, but this is within MQ Research’s expectation.
What’s interesting. MYEG recently announced decentralised finance (DeFi) products to users of Malaysia’s digital asset exchanges (link here). From MQ Research’s understanding, no additional licenses are needed from the Securities Commission and MYEG already has a moneylending license under the Moneylenders Act 1951 to carry out its services. MYEG plans to monetise its DeFi schemes through lending the funds collected from depositors out to crypto borrowers, who will be charged interest. The borrowing/lending spread will be an income source for MYEG. Though nascent, MQ Research views this interesting development as supporting the crypto-related plans that MYEG has.
Action and Recommendation
Outperform maintained.
12-month Target Price Methodology
MYEG MK: RM2.43 based on a Total Shareholder Return methodology
Source: Macquarie Research - 25 Aug 2021

trum

7,640 posts

Posted by trum > 2021-08-27 21:44 | Report Abuse

聪明点才能在股市中获胜。不要被这里的鲨鱼所蒙蔽。

trum

7,640 posts

Posted by trum > 2021-08-27 22:37 | Report Abuse

要想在股市中获胜,就得聪明点。不要被这里的鲨鱼所蒙蔽。

trum

7,640 posts

Posted by trum > 2021-08-27 22:54 | Report Abuse

减少、重复使用、回收。

chashao

25 posts

Posted by chashao > 2021-08-28 11:21 | Report Abuse

The dividend reinvestment only can apply through hardcopy ? No online application?

Posted by yongchoy100 > 2021-08-28 16:09 | Report Abuse

You can apply through http://investor.boardroomlimited.com

wahd

76 posts

Posted by wahd > 2021-08-29 13:12 | Report Abuse

If ignored and do nothing , is it the dividend bank in as usual in bank account ? I hold 3 lot only , dun want dividen reinvest

Posted by Brucehwang > 2021-08-29 16:08 | Report Abuse

It goes to your bank account automatically

U1818

707 posts

Posted by U1818 > 2021-08-30 10:05 | Report Abuse

https://www.enanyang.my/%E5%85%A8%E7%90%83%E5%A4%A7%E6%8A%97%E7%96%AB/%E4%B8%AD%E6%99%BA%E9%A3%9E%E7%96%AB%E8%8B%97%E4%B8%89%E6%9C%9F%E6%95%B0%E6%8D%AE-%E5%AF%B9%E5%BE%B7%E5%B0%94%E5%A1%94%E4%BF%9D%E6%8A%A4%E5%8A%9B%E9%80%BE77

中智飞疫苗三期数据 对德尔塔保护力逾77%
2021年08月29日

(吉隆坡29日讯)根据中国智飞重组新型冠状病毒疫苗(CHO细胞)第三期临床试验关键性数据,智飞疫苗对冠病死亡病例的保护效力均为100%;对阿尔法(Alpha) 和德尔塔(Delta)变异株的保护效力,分别达92.93%和77.54%。

智飞疫苗生产公司重庆智飞生物制品股份有限公司(智飞生物)日前发公告,宣布智飞冠病重组蛋白疫苗最新临床试验分析结果。




“智飞冠病疫苗使用高效和安全重组蛋白技术,今年3月初在中国批准紧急使用,已成功在中国施打1亿4000万剂。”

Zuliana

5,395 posts

Posted by Zuliana > 2021-08-30 10:31 | Report Abuse

saham bergerak biasa saja

Zuliana

5,395 posts

Posted by Zuliana > 2021-08-30 11:10 | Report Abuse

Macam fesyen saja?

Posted by Brucehwang > 2021-08-30 11:51 | Report Abuse

Terrible moving... drop drop drop. What happen?

Liposenze

65 posts

Posted by Liposenze > 2021-08-30 14:42 | Report Abuse

Ts wong take profit

mjojo007

93 posts

Posted by mjojo007 > 2021-08-30 15:16 | Report Abuse

Seems want to block the price and distribute the shares at RM1.87...haha

Chinjason

269 posts

Posted by Chinjason > 2021-08-30 15:33 | Report Abuse

Government no gut to implement GST.

Sailangking

1,912 posts

Posted by Sailangking > 2021-08-30 20:35 | Report Abuse

Coming days sure got show before BI....

newtrader1989

1,429 posts

Posted by newtrader1989 > 2021-08-30 22:13 | Report Abuse

Max will be 85 to 90 cents after bi

sheldon

1,423 posts

Posted by sheldon > 2021-08-31 03:22 | Report Abuse

Bonus issue means 1 + 1 = 2.5

Posted by kpowersohai > 2021-08-31 11:02 | Report Abuse

pang72, run lorrr want hold xie xie meh??? ady told u it will keep crushing

Chinjason

269 posts

Posted by Chinjason > 2021-08-31 14:51 | Report Abuse

MyEG coin another Proton of Malaysia.

Sailangking

1,912 posts

Posted by Sailangking > 2021-08-31 15:32 | Report Abuse

hold tight will do...China got ALIpay / MY got myeg.

cheokhao

13 posts

Posted by cheokhao > 2021-08-31 20:18 | Report Abuse

Call Elon Musk to buy in myeg share, sure limit up, haha.

Posted by chongkeewui > 2021-08-31 21:27 | Report Abuse

kuat

Abang Mad

1,499 posts

Posted by Abang Mad > 2021-09-01 10:20 | Report Abuse

Yezza...flying

Sailangking

1,912 posts

Posted by Sailangking > 2021-09-01 10:23 | Report Abuse

come d,,,,,fly.......!!! congraz who managed to collect low price

Sailangking

1,912 posts

Posted by Sailangking > 2021-09-01 11:33 | Report Abuse

1.97 bila again...hahaha

Posted by wallstreetrookie > 2021-09-01 11:54 | Report Abuse

Look at the call warrant volume. Don't you think there is something amiss? Even if it is a garbage company, could be a profitable swing. just saying.

Posted by wallstreetrookie > 2021-09-01 11:59 | Report Abuse

Best stock but not a good company.

ZigZag

118 posts

Posted by ZigZag > 2021-09-01 12:06 | Report Abuse

MYEG mau tutup gap di atas letsgoo

Sailangking

1,912 posts

Posted by Sailangking > 2021-09-01 12:15 | Report Abuse

stock charging now....

mjojo007

93 posts

Posted by mjojo007 > 2021-09-01 12:34 | Report Abuse

seems someone keep distributing the shares at 1.91 haha

mjojo007

93 posts

Posted by mjojo007 > 2021-09-01 12:37 | Report Abuse

lai lai sapu b4 up :)))

Posted by kpowersohai > 2021-09-01 13:27 | Report Abuse

pang72, if good company why u so hardworking promote everyday, u should be silently buying more ma hahahahaa

derrtan

1,796 posts

Posted by derrtan > 2021-09-01 14:04 | Report Abuse

again another attack???

Posted by kpowersohai > 2021-09-01 14:36 | Report Abuse

ooo i see, blow water ah....good for u lor sure ady sailang a lot units. congrats lor on the profit. hahahaha

Sailangking

1,912 posts

Posted by Sailangking > 2021-09-01 15:18 | Report Abuse

GOGOGO!!! LOL

Sailangking

1,912 posts

Posted by Sailangking > 2021-09-01 15:19 | Report Abuse

still correction......today no show

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