MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.87

Today's Change

-0.005 (0.57%)

Day's Change

0.86 - 0.88

Trading Volume

19,775,400


68 people like this.

66,997 comment(s). Last comment by whitesamurai 5 hours ago

Good123

26,444 posts

Posted by Good123 > 2023-02-11 23:52 | Report Abuse

Projek Iris barangkali dibatalkan:)


KUALA LUMPUR (Feb 11): Tan Sri Muhyiddin Yassin must not be too hasty in claiming that investigations over allegations that he was involved in the awarding of the National Integrated Immigration System (NIISe) contract to a company linked to his son-in-law while he was prime minister were malicious, Datuk Seri Anwar Ibrahim said.

The prime minister said Muhyiddin should not be overplaying the matter if the claims were untrue, and instead wait for the report from the authorities.

Anwar, however, said serious matters such as this should serve as a reminder to any minister not to use their positions for personal interests.

“The reasons (for the investigations) is to stop anyone, from now on, whether the prime minister, the finance minister or ministers, [from assuming] that it is the place to enrich family members.

“Malicious or not, wait for the report… as to how far he is involved, I do not know but investigations are ongoing,” he said.

Anwar was met by reporters after launching the Housewives Social Security Scheme and MyFutureJobs Carnival 2023 at the Kuala Lumpur Convention Centre on Saturday (Feb 11).

The prime minister was responding to Muhyiddin’s statement two days ago, denying that he was involved in the awarding of the NIISe contract to Iris Corp Bhd linked to his son-in-law.

In the statement, Muhyiddin, who was referring to the allegations published by a news portal on Feb 8, described them as malicious and slanderous deliberately designed to tarnish his and his family’s dignity.

Muhyiddin, who is also Bersatu president and Perikatan Nasional (PN) chairman, went on to say that none of his family members has a stake in Iris Corp Bhd, either as company directors or shareholders.

Separately, on claims that the acquisition of the Covid-19 vaccine during the PN administration was done without the agreement of the Attorney General, Anwar said this was based on information he received from the Health Ministry (MOH).

He said the details were then presented to the Cabinet before being passed on to investigating authorities, including the Malaysian Anti-Corruption Commission (MACC).

“It is now up to the investigating bodies, MACC and the others, no more my business. What I mentioned before was a statement prepared by the MOH and the Cabinet has taken note of it. The investigating bodies will then have to probe and verify the claims,” he said.

He was responding to a statement by former health minister Khairy Jamaluddin, who said the vaccine procurement had been presented to the Cabinet.

On criticism towards the appointment of Datuk Seri Mohamed Nazri Abdul Aziz as Malaysian Ambassador to the US, Anwar said this was not appropriate as the appointment was decided a year ago by the previous government.

He said the appointment took six months as the US had to endorse it, and the current administration had to go ahead with it to prevent problems should that decision be overturned.

“So, there is no problem with criticism. But it would be good to take note of things. Ask and clarify first, and don’t just assume and criticise, but now people are upset as though we are responsible (for the appointment),” he said.

Read also:
Anwar: Govt stands firm against abuse of power, corruption

Good123

26,444 posts

Posted by Good123 > 2023-02-11 23:53 | Report Abuse

Iris pun dah goyang, cepat2 jualkan subsi yg buat software untuk projek tersebut haha


KUALA LUMPUR (Feb 11): Tan Sri Muhyiddin Yassin must not be too hasty in claiming that investigations over allegations that he was involved in the awarding of the National Integrated Immigration System (NIISe) contract to a company linked to his son-in-law while he was prime minister were malicious, Datuk Seri Anwar Ibrahim said.

The prime minister said Muhyiddin should not be overplaying the matter if the claims were untrue, and instead wait for the report from the authorities.

Anwar, however, said serious matters such as this should serve as a reminder to any minister not to use their positions for personal interests.

“The reasons (for the investigations) is to stop anyone, from now on, whether the prime minister, the finance minister or ministers, [from assuming] that it is the place to enrich family members.

“Malicious or not, wait for the report… as to how far he is involved, I do not know but investigations are ongoing,” he said.

Anwar was met by reporters after launching the Housewives Social Security Scheme and MyFutureJobs Carnival 2023 at the Kuala Lumpur Convention Centre on Saturday (Feb 11).

The prime minister was responding to Muhyiddin’s statement two days ago, denying that he was involved in the awarding of the NIISe contract to Iris Corp Bhd linked to his son-in-law.

In the statement, Muhyiddin, who was referring to the allegations published by a news portal on Feb 8, described them as malicious and slanderous deliberately designed to tarnish his and his family’s dignity.

Muhyiddin, who is also Bersatu president and Perikatan Nasional (PN) chairman, went on to say that none of his family members has a stake in Iris Corp Bhd, either as company directors or shareholders.

Separately, on claims that the acquisition of the Covid-19 vaccine during the PN administration was done without the agreement of the Attorney General, Anwar said this was based on information he received from the Health Ministry (MOH).

He said the details were then presented to the Cabinet before being passed on to investigating authorities, including the Malaysian Anti-Corruption Commission (MACC).

“It is now up to the investigating bodies, MACC and the others, no more my business. What I mentioned before was a statement prepared by the MOH and the Cabinet has taken note of it. The investigating bodies will then have to probe and verify the claims,” he said.

He was responding to a statement by former health minister Khairy Jamaluddin, who said the vaccine procurement had been presented to the Cabinet.

On criticism towards the appointment of Datuk Seri Mohamed Nazri Abdul Aziz as Malaysian Ambassador to the US, Anwar said this was not appropriate as the appointment was decided a year ago by the previous government.

He said the appointment took six months as the US had to endorse it, and the current administration had to go ahead with it to prevent problems should that decision be overturned.

“So, there is no problem with criticism. But it would be good to take note of things. Ask and clarify first, and don’t just assume and criticise, but now people are upset as though we are responsible (for the appointment),” he said.

Read also:
Anwar: Govt stands firm against abuse of power, corruption

Posted by Jenggo Jenggo > 2023-02-12 00:20 | Report Abuse

It’s Anwar vs Muhyidin.. try to create issue before state elections

adikkici

886 posts

Posted by adikkici > 2023-02-12 08:56 | Report Abuse

Myeg related to umno.
Iris related to muhyidin.

feenix1522

174 posts

Posted by feenix1522 > 2023-02-12 09:06 | Report Abuse

TS Wong v DS Amin G3.....
ts umso....iris moo....Amin ?????

benykp

348 posts

Posted by benykp > 2023-02-12 09:15 | Report Abuse

So after all drama and someone made 70 million….

Based on ?
- Myeg losing immigration contract to a company under investigation?
* which sold all its shares for 70 million
* not much work done

- transport minister clarifies it’s just an option for no need to display road tax ..

All the half baked announcements….

Crashed the price of Myeg?

Wow

benykp

348 posts

Posted by benykp > 2023-02-12 09:16 | Report Abuse

Have fun on Monday.

Good123

26,444 posts

Posted by Good123 > 2023-02-12 09:51 | Report Abuse


KUALA LUMPUR (Feb 11): Bursa Malaysia is likely to trend sideways with slightly positive bias within the 1,470-1,490 range next week after a strong set of 2022 gross domestic product (GDP) data was released on Friday (Feb 10), a dealer said.

Rakuten Trade Sdn Bhd vice-president of equity research Thong Pak Leng said the positive GDP results would boost investor confidence and drive up stock prices as they could lead to stronger corporate earnings and consumer spending.

"On the other hand, investors should stay cautious on external factors such as high inflation in the western bloc and increasing volatility of global equities," he told Bernama.

Technically, Thong said immediate support is located at 1,460 while resistance is at 1,500.

Echoing Thong, Malacca Securities Sdn Bhd senior analyst Kenneth Leong said the key focus would be towards the upcoming batch of corporate earnings releases starting from next week till the end of the month.

Globally, investors are also monitoring several US key economic data such as the inflation rate on Feb 14 as well as both retail sales and industrial production on Feb 15.

"Technically, we continue to see 1,500 as the key resistance on the FBM KLCI, while the support is envisaged at 1,460," he said.

Meanwhile, SPI Asset Management managing director Stephen Innes said there is an element of the risk-off permeating the global market due to a more hawkish Federal Reserve outlook.

"Regardless of next week's US consumer price index print, unless it drops significantly below expectations, global markets will continue to price in recession risk, so external factors look unfavourable.

"Many local traders think this year's China household consumption recovery could be slower than expected, given the scarring effects of property deleveraging and the legacy of three years of Covid-19 controls. Hence, I look for Bursa Malaysia to trade very defensively next week amid more possible ringgit weakness and growing US recession concerns," he said.

On a week-to-week basis, the key index eased 15.88 points to 1,474.59 on Friday against 1,490.47 a week earlier.

On the index board, the FBM Emas Index dropped 146.31 points to 10,740.04, the FBMT 100 Index fell 142.16 points to 10,405.73, the FBM Emas Shariah Index went down 165.86 points to 11,046.41, the FBM 70 Index dipped 315.01 points to 13,569.98, and the FBM ACE Index was 99.23 points lower at 5,744.

Sector-wise, the Plantation Index edged down 40.59 points to 6,886.65, the Energy Index eased 9.74 points to 896.37, the Financial Services Index was down by 201.45 points to 16,113.37, and the Industrial Products and Services Index slid 1.6 points to 190.15.

Weekly turnover slipped to 16.84 billion units worth RM10.22 billion against 18.10 billion units worth RM10.57 billion last week.

The Main Market volume narrowed to 11.26 billion shares valued at RM8.53 billion from 12.44 billion shares valued at RM8.78 billion a week ago.

Warrants volume rose to 1.40 billion units worth RM183.89 million from 1.26 billion units worth RM217.46 million previously.

The ACE Market volume declined to 4.17 billion shares worth RM1.52 billion from 4.39 billion shares worth RM1.57 billion last week.

Michael R.

4,827 posts

Posted by Michael R. > 2023-02-12 10:18 | Report Abuse

Someone shook the tree.. so the bats all running away... MYEG damage done...

Who are the biggers losers here? Investors???

Michael R.

4,827 posts

Posted by Michael R. > 2023-02-12 10:21 | Report Abuse

Do not underestimate .... every system will undergo incremental growth.. this is what experienced by MYEG system..

Should not expect a new replacement could perform complete better outright.. it still requires experiential growth..

Bullkobear

320 posts

Posted by Bullkobear > 2023-02-12 10:52 | Report Abuse

知已知彼 百战不殆

Posted by EatCoconutCanWin > 2023-02-12 11:15 | Report Abuse

No immigration, no roadtax, myeg is totally empty company

Peace99

2,264 posts

Posted by Peace99 > 2023-02-12 11:22 | Report Abuse

Does it even make sense for JPJ, or individual Department/Ministry to have a Big computer/IT team to handle their platform?? Can't hire a few ppl and expect the platform to work well. Need a team of ppl with various expertise. Think it makes more sense to out-source such projects to specialized companies such as Myeg!!

Chichi5

41 posts

Posted by Chichi5 > 2023-02-12 11:32 | Report Abuse

obviously this mr minister jsut wanna show he ada buat kerja. this digitalisation was oredi in a study phase during wee ka sion . he didnt dare to implement because obviously they know they unable to handle such big influx of users. and after many ppl complain sekarang cakap pulak no mandatory and police have a device to check then buat apa we download the app . if they enforcers can check based on our car plate number but if the car has a fake care plate number macam mana kalau accident time ? how to trace the offenders kalau lari away with fake car plate num?

Good123

26,444 posts

Posted by Good123 > 2023-02-12 11:54 | Report Abuse

Kontrak Iris dibatalkan, muhyiddin dan menantu diheret ke mahkamah. Harga syer myeg melambung tak terhingga. Fingers crossed

Good123

26,444 posts

Posted by Good123 > 2023-02-12 11:56 | Report Abuse

Myeg already expanded to Philippines n Indonesia, total population ~ 400 mil population.. work with china Blockchain company, population ~ 1bil... Keep expanding in many countries

Rio2814

1,942 posts

Posted by Rio2814 > 2023-02-12 12:01 | Report Abuse

Betul kah contract dibatalkan?

Rio2814

1,942 posts

Posted by Rio2814 > 2023-02-12 12:03 | Report Abuse

Good123, you are working very hard, today is Sunday and family time.

Rio2814

1,942 posts

Posted by Rio2814 > 2023-02-12 13:13 | Report Abuse

U turn pula... tunggu giliran pdrn...
Too excited to make announcements

Jokers2020

2,006 posts

Posted by Jokers2020 > 2023-02-12 13:25 | Report Abuse

not u turn la..as usual 3rd world mentality ppl implement something will make alot of complain.When we start e wallet also many huha..n now all use to it..

Income

12,366 posts

Posted by Income > 2023-02-12 14:17 | Report Abuse

A painting grandmaster while painting, asked his onlooker, what is missing in the painting. The onlooker said the tahi is missing. lol

Posted by thequalityguy > 2023-02-12 14:22 | Report Abuse

Most ppl panic sell bcoz of poor or no self research. MyJPJ app is only to DISPLAY the road tax & license, not to BUY. To buy or renew the road tax & license requires connection to a payment gateway. Which is what MYEG has. So you still need MYEG to renew your road tax & license, & the MyJPJ app to show it to the police.

Conclusion: MYEG is not going anywhere. Shortseller sharks just took advantage of ppl's panic to buy shares at low prices. Hold on to your shares, & the shortsellers will not have shares to buy, then see what happens.

Income

12,366 posts

Posted by Income > 2023-02-12 14:29 | Report Abuse

painting grandmaster Asked why? The onlooker said nothing is perfect in this world, like in the grandmaster painting. :-?

Posted by WinBigOrLoseAll > 2023-02-12 14:31 | Report Abuse

very wrong lor, did you try the MyJPJ? i just renew my license via MyJPJ and it has option to collect the physical license from the nearest JPJ branch. And it can allow you to renew your roadtax too if your roadtax will be expired within 3 months and there is already an insurance bought on the car.

don't just make assumptions, go install MyJPJ and test it out

Income

12,366 posts

Posted by Income > 2023-02-12 14:33 | Report Abuse

Conclusion: MYEG is not going anywhere. Shortseller sharks just took advantage of ppl's panic to buy shares at low prices. Hold on to your shares, & the shortsellers will not have shares to buy, then see what happens.

^^^ tell that to TopG holders. They already bankrupted because of holding TopG from Rm18++ to Rm0.59. You are the Champion?

Income

12,366 posts

Posted by Income > 2023-02-12 14:36 | Report Abuse

A painting grandmaster is my painting sifu who is only in his world of painting.

Income

12,366 posts

Posted by Income > 2023-02-12 14:37 | Report Abuse

The onlooker is his student… telling the truth to his painting grandmaster.

Income

12,366 posts

Posted by Income > 2023-02-12 14:48 | Report Abuse

https://www.facebook.com/reel/555136133207838?mibextid=0NULKw&fs=e&s=TIeQ9V

Don’t do this. Safety first.

Bullbursa

455 posts

Posted by Bullbursa > 2023-02-12 14:55 | Report Abuse

There’s no option to renew or any payment related service on myjpj…

Posted by StartOfTheBull > 2023-02-12 15:01 | Report Abuse

Can pay and renew road tax on MyJPJ? Sure or not? Let me try it later.

Posted by WinBigOrLoseAll > 2023-02-12 15:13 | Report Abuse

yalor, same story like the gloves last time people also stubborn and over confident gloves are highly undervalued and one day the short sellers will force to buy back. but see what is happening now, all glove stocks burned > 90% and now there is still no sign of coming back.

so now you wanna repeat the same mistake for myeg and over confident all these are the plots by short sellers to collect cheap. better think twice and learn from the mistakes in gloves, if the fundamental is truly broken the sharks are just happy to dump all the shares to you while the price is still high and it will just go lower & lower only.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-12 15:22 | Report Abuse

What are your chances for price to move up?? NOSH is over 7 Billion shares.

EPF sold more than 50 millions shares on 7th Feb...

Mr Wong Thean Soon, a substantial shareholder play, play bought and sold 20 million shares on same day, 10th Feb..................just to prop up the price????

benykp

348 posts

Posted by benykp > 2023-02-12 15:24 | Report Abuse

So who is handling immigration till 2025?

Newbie company? Or 13 years experience.

Own staff do? Need to hire? Work decades with pension? Qualifications and experience?

Other company can do better? Just fine them each time breaks down after certain period.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-12 15:29 |

Post removed.Why?

benykp

348 posts

Posted by benykp > 2023-02-12 15:41 | Report Abuse

So who maintains system till 2025?

Still Myeg? Yes, no ? Dunno?

Bullbursa

455 posts

Posted by Bullbursa > 2023-02-12 15:47 | Report Abuse

Said easier than done. It’s just not abt coding , there are many other aspects such as management and marketing etc..why not Indian it expert rewrite software to replace msoffice? There are closed to 1000 myeg kiosks in Malaysia, they have been in operations for many years. U think user will switch from existing one to new service provider?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-12 15:47 | Report Abuse

Govt would not renew Contract, do you wait until 2025 to revalue your projection and shares value???

As for Road Tax....please refer to Anthony's announcement 2 days ago.

ken2004

1,697 posts

Posted by ken2004 > 2023-02-12 15:48 | Report Abuse

If want to cut loss, then cut loss, if believe potential then buy at low, this is the way, 35%++ drop so far atleast, to compare myeg vs glove seems not the same scenario as myeg will depends on new projects vs ASP for glove......

ken2004

1,697 posts

Posted by ken2004 > 2023-02-12 15:52 | Report Abuse

That 20,500,000 more like changing hand between Wong and ASIA INTERNET

benykp

348 posts

Posted by benykp > 2023-02-12 15:53 | Report Abuse

Not renew contract because another company which was supposed to handle it is being investigated and sold it’s shares.

Hmm your call.


BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-12 15:56 | Report Abuse

Hahaha...is IRIS related to this PLC???

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-12 15:58 | Report Abuse

As reported to Bursa, that particular shareholder, Wong bought and sold the same numbers........if it went back to the original seller, wouldn't it be reported too??.......More likely it was bought and sold to prop the price for a few hours....

Chichi5

41 posts

Posted by Chichi5 > 2023-02-12 16:01 | Report Abuse

since when the app can renew loadtax and insruance? the app only for showing roadtax and license dont bullshit la. come on la , wan support also dont support blindly laaaaaaaaaa........when the app cannot sustain now mr proof of work is no mandatory pulak

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-12 16:04 | Report Abuse

Well, if you say so....you're right...it's your money lor.....

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-12 16:13 |

Post removed.Why?

Income

12,366 posts

Posted by Income > 2023-02-12 16:13 | Report Abuse

https://www.facebook.com/reel/1120758271948221?mibextid=0NULKw&fs=e&s=TIeQ9V

When shorties come in big vehicle, the goats will play dead??? How?

Posted by WinBigOrLoseAll > 2023-02-12 16:15 | Report Abuse

the app can't but the web can, you can login with the same id number and password
the web can let you renew roadtax and driving license

https://public.jpj.gov.my/public/login.zul

Hello

1,417 posts

Posted by Hello > 2023-02-12 16:18 | Report Abuse

Dear YB Anthony Loke, as a minister, you are part of unity government team to be responsible for public investors' interest. Do you agree that your department or JPJ should have the curtesy to invite talk or discussion with MYEG management (who serviced malaysian government for the past 12 years)!!! This sudden flux of info completely kept MYEG in the dark, worse still, it caused MYEG share price a heavy wipe out of Rm23B in value! Is it the consequencest an investor should suffer by owning shares of a company who served the countryman well all these years? why gave shorters such big chance to short sell MYEG shares???? Is this how public investors' interest are protected in Malaysia??

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-12 16:19 |

Post removed.Why?

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