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 3 hours ago

Henryjohny

914 posts

Posted by Henryjohny > 2023-02-13 15:11 | Report Abuse

if JPJ can do it internally, why should they outsource to outside.

ken2004

1,697 posts

Posted by ken2004 > 2023-02-13 15:16 | Report Abuse

Whether outsource is cheaper or not is very subjective, outsource is bcs simple, you just collect money........

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-02-13 15:17 | Report Abuse

because of rr88 I sapu another 1m units @ 0.60

ken2004

1,697 posts

Posted by ken2004 > 2023-02-13 15:17 | Report Abuse

myeg now slow down already, not throw or snap within minutes already

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-02-13 15:17 | Report Abuse

tq rr88 for 3m profit at Cypark

ken2004

1,697 posts

Posted by ken2004 > 2023-02-13 15:17 | Report Abuse

Waiting for people to throw down below 0.60.........

Rio2814

1,942 posts

Posted by Rio2814 > 2023-02-13 15:21 | Report Abuse

Pelik MYEG never do any announcements or jumpa immigration or JPJ for better clarifications.

Posted by Go lucky Happy > 2023-02-13 15:31 | Report Abuse

@Rio2814, agree with you. The management should see and meet the JPJ/ Immigration to clarify this matter asap if they really respect their company declining investment.

Chichi5

41 posts

Posted by Chichi5 > 2023-02-13 15:34 | Report Abuse

u think gov cares meh , u see this minister style also know he jsut wanna show he ada buat kerja only .u think he cares meh,the akta cukai lesen haven bubar go tell public no need display roadtax. imagine rakyat kena saman get refund from who?

Michael R.

4,827 posts

Posted by Michael R. > 2023-02-13 16:04 | Report Abuse

Police could be speechless now on how to conduct enforcement and catch bad guys... and stolen cars..

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:11 | Report Abuse

60sen to rm1+ target price for Maybank & UOB not bad

Goid price

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:14 | Report Abuse

Dulu myeg pun continue to grow, apa susah :) lagipun gat dijangka kembali

MyEG Writes Off GST Investment, Redeploys Assets To Other Countries
29 Nov 2018 — MyEG, in a filing with Bursa Malaysia on Thursday, said its latest quarterly results were affected by

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:15 | Report Abuse

Dah ada base kat 60sen... Sebelum memecut

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:17 | Report Abuse

Gst balik.. myeg surges nonstop juga :) dah ready dah

GST Accounting Tool - MyEG
GST Accounting Tool. Login. Username: Password: Hint : Username is GST number. Forgot your Username/Password? All logos and trademarks in this site are the ...
https://gst.myeg.com.my › user › eu...
GST Accounting Tool - MyEG
MyEG GST Accounting Tool End-User License Agreement. Please click on "I Agree" button below to proceed. All logos and trademarks in this site are the ...

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:18 | Report Abuse

Gst tahun depan .. probably a bit lower at 4-5% kot? Sabar bro

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:19 | Report Abuse

Tunggu gst balik... Durian runtuh :)

astroawani.com
www.astroawani.com › pema...
Pematuhan GST di Malaysia adalah baik - Jabatan Kastam
18 Apr 2018 — Ia adalah wajib bagi entiti yang mengendalikan perniagaan didaftarkan GST apabila hasil perolehan yang boleh

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-13 16:20 | Report Abuse

Heavy dumping at 60c........buy all you want, still plenty more to come......bolih habis makan?

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:20 | Report Abuse

Percukaian dan Perancangan GST bagi Pelaburan Hartanah di Malaysia
Bagi mendapatkan pulangan balik GST, anda perlu mendaftarkan GST sebagai syarikat sukarela atau wajib, sebelum hartanah

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:21 | Report Abuse

Cara menambah nombor ID VAT atau ID SST kepada akaun Dropbox anda
Adakah anda perlu membayar VAT atau GST pada langganan Dropbox anda? ... Di bawah Nombor VAT (tidak wajib) masukkan ID VAT atau ID SST anda dan klik Simpan ...

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:22 | Report Abuse

ikma.edu.my
https://www.ikma.edu.my › category
Nota Penceramah Bicara Ilmu GST VS SST2.0
Laman Utama Koperator Muat Turun Nota Penceramah Bicara Ilmu GST VS SST2.0. Program Latihan IKMa; Kursus Wajib. Kursus Wajib 1 · Kursus Wajib 2 ...

utusan.com.my
www.utusan.com.my › ramai...
Ramai 'panas hati' lepas barang mahal mahu GST pula
4 Jun 2022 — Menerusi GST tanpa mengira siapa anda, wajib membayar cukai kepada hampir semua barang yang dibeli. Jumlah

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:24 | Report Abuse

Pengenalan sistem cukai barang dan perkhidmatan (GST) perlu dilaksanakan semula, cadang Datuk Seri Najib Razak yang sedang berdepan saman Lembaga Hasil Dalam Negeri (LHDN).

Bekas Perdana Menteri yang bertanggungjawab memperkenalkan cukai itu sebelum ini berkata ia boleh diperkenalkan selepas negara pulih daripada penularan Covid-19 bagi memberi kestabilan kepada kewangan negara walaupun kejatuhan kerajaan Barisan Nasional (BN) pada Pilihan Raya Umum Ke-14 antara faktornya disumbang oleh isu GST.

“Dengan GST, golongan kaya dan berkemampuan yang akan berbelanja lebih, akan membayar lebih GST.

“GST juga akan menyasarkan ekonomi gelap dengan saiznya sebesar RM300 bilion setahun yang sebelum ini terlepas dari membayar apa-apa cukai.

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:25 | Report Abuse

Dengan GST, saiz ekonomi gelap dapat dikuncupkan, yakni dianggarkan dari 25 peratus Keluaran Dalam Negara Kasar (KDNK) kepada 10 peratus,” katanya ketika berbahas Rancangan Malaysia Ke-12 (RMK-12) di Dewan Rakyat hari ini.

Jelas Ahli Parlimen Pekan itu lagi, hasil kutipan tersebut kemudiaan boleh disalurkan kepada golongan berpendapatan 40 peratus terendah (B40) dan kumpulan berpendapatan 40 peratus pertengahan (M40) dalam bentuk bantuan tunai rakyat yang jauh lebih besar.

“Sebab tu kita perlu melaksanakan semula sistem GST secepat mungkin apabila negara pulih daripada Covid sekiranya ingin mencapai matlamat mengurangkan jurang pendapatan.

“Matlamat menarik pelaburan dan mengukuhkan kekuatan fiskal kerajaan,” katanya lagi.

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:26 | Report Abuse

buasirotak.blogspot.com
buasirotak.blogspot.com › ber...
Bersama jadikan Malaysia semakin maju dengan GST
— Dengan GST semua orang kena menyumbang kearah kemajuan negara.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-13 16:27 | Report Abuse

60c........berapa million lu mau lagi????

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:29 | Report Abuse

MY E.G. SERVICES: Warrants Watch (7 February 2023) MYEG-HG
Warrant Name: MYEG-HG

In the early trading session, My E.G. Services (MYEG) hit limit down of MYR 0.300 and it is currently trading at MYR 0.655.

The market's reaction can be pointed to the news yesterday that all immigration services and processes will be returned to the department's management by 2025. This includes those currently handled by 3rd parties like MYEG.

The national integrated immigration system (NIISe) will replace all immigration transactions such as visa, work permit, passport applications and renewals.

MYEG-HG is available for investors to express their bearish views over this news. MYEG-HG is the most sensitive Put Warrant in the market now at 1.8 ticks!

Put Warrants Price: MYR 0.185
Exercise Price: MYR 0.850
Sensitivity: 1.8 ticks
Effective Gearing: 2.2x
Expiry: 29 April 2023 (79 days)

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:30 | Report Abuse

Uncertainty casted over its immigration biz; TP cut
We had a conversation with the management following the news implying MyEG will no longer be involved in the nation’s immigration system by 2025. The related concession business comprises c.10% of MyEG’s FY23E revenue, and its ancillary business could also be impacted. We make no change to our earnings forecasts, though our TP is cut to MYR1.01 (-26%) as we change our valuation methodology to SOTP (PER previously). Maintain BUY; its new businesses could grow to fill the void by then.

8u29song

2,929 posts

Posted by 8u29song > 2023-02-13 16:31 | Report Abuse

kesian betul yang kejar Iris.....Happy Valentine+

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:32 | Report Abuse

Uob saya percayamu :)

However, UOB Research reiterated its "buy" call on the electronic government solutions provider and considers the drop in share price a "great buying opportunity".


STARPICKS
RESTORING TRUST IN COUNTRY’S HIGHER EDUCATION
"We are unsure how much weight this present director general carries, but should MYEG lose it’s concession with the immigration, it would theoretically still be able to provide ancillary businesses within the eco system such as foreign worker matching, accommodation services, door-to-door and insurance services that’s the bulk of its immigration-related earnings," it said in a note.

The research firm also said there are plenty of catalysts in 2023 and beyond for the company.

These include a forecast of 16% earnings growth, the launch of the Zetrix blockchain relating to China customs, IPO and subsequent distribution in specie of start-up investments in China and Malaysia.

"At today’s limit down price, the company’s trading at below two standard deviations to mean valuation, at about 2023 10x price-earnings.

"We maintain our RM1.30 target price as we take the position that MYEG’s concession would not compromised in 2025," said UOB.

Meanwhile, Bursa Malaysia has suspended the short selling of MyEG shares for the rest of the day under proprietary day trading (PDT) and intraday short selling (IDSS).

This was owing to the stock's share price dropping more than 15 sen or 15% from the reference price.

"The short selling under PDT and IDSS will only be activated the following trading day, on Wednesday, at 08:30 am,” said the market operator in a stock filing.

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:33 | Report Abuse

Uob, Singapore punya banking group, lebih objective..tiada sebab mau puji skyt msia :)

However, UOB Research reiterated its "buy" call on the electronic government solutions provider and considers the drop in share price a "great buying opportunity".


STARPICKS
RESTORING TRUST IN COUNTRY’S HIGHER EDUCATION
"We are unsure how much weight this present director general carries, but should MYEG lose it’s concession with the immigration, it would theoretically still be able to provide ancillary businesses within the eco system such as foreign worker matching, accommodation services, door-to-door and insurance services that’s the bulk of its immigration-related earnings," it said in a note.

The research firm also said there are plenty of catalysts in 2023 and beyond for the company.

These include a forecast of 16% earnings growth, the launch of the Zetrix blockchain relating to China customs, IPO and subsequent distribution in specie of start-up investments in China and Malaysia.

"At today’s limit down price, the company’s trading at below two standard deviations to mean valuation, at about 2023 10x price-earnings.

"We maintain our RM1.30 target price as we take the position that MYEG’s concession would not compromised in 2025," said UOB.

Meanwhile, Bursa Malaysia has suspended the short selling of MyEG shares for the rest of the day under proprietary day trading (PDT) and intraday short selling (IDSS).

This was owing to the stock's share price dropping more than 15 sen or 15% from the reference price.

"The short selling under PDT and IDSS will only be activated the following trading day, on Wednesday, at 08:30 am,” said the market operator in a stock filing.

8u29song

2,929 posts

Posted by 8u29song > 2023-02-13 16:34 | Report Abuse

satu lagi Serba....itu lah dia.... Iri

gcke

1,359 posts

Posted by gcke > 2023-02-13 16:34 | Report Abuse

1.The Minister of Transport should be more careful when making public statement on RTD's new policy measure when they are not ready to roll-out yet.They have not conducted and tested the digital system on the trial basis to measure whether the digital system is up to the mark,robust to cater to heavy traffic flows, and examine whatever adverse implications arising.That has to be done yet.In addition any changes from physical road tax disc to digital format requires the amendment to the Section 20,Road Transport Act to be made. Only with the amendment gazetted such trail basis can be extended to all private vehicle ownership .Otherwise it goes against the existing RTD act.
2.Seemed the MOT likes to hog the limelight in the press and received all the publicity without waiting until the system is really properly tested, and then ready to be rolled-out to avoid unnecessary glitches and inconvenience to the public and private vehicle owners.
3.Seemed like such impromptu announcement just days before the Parliament is convened this week seemed to be improperly timed.
4.Read the recent press statement by the erstwhile IGP Musa Hassan that cautioned the MOT on the roll-out of the digital road tax system when inter-agency & transboundary co-ordination has not been discussed and firmed up yet.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-13 16:35 | Report Abuse

Today is already 13th Feb, and you're still reading old newspaper for the 7th Feb????

RM1.30 ke????? masih bolih?

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-13 16:39 | Report Abuse

60c habis makan???.....tambah lagi.......hahaha

8u29song

2,929 posts

Posted by 8u29song > 2023-02-13 16:39 | Report Abuse

dia takut sekali lagi jawatan menteri hilang dalam bilik air....

8u29song

2,929 posts

Posted by 8u29song > 2023-02-13 16:40 | Report Abuse

yes...epf is disposing.....who buy ah.....

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:43 | Report Abuse

Hopefully the rich Singaporeans would also invest in myeg based on their uob recommendation

ken2004

1,697 posts

Posted by ken2004 > 2023-02-13 16:44 | Report Abuse

60c quite strong interest to buy........but technical said 48-50c lol

Posted by PepGuardiola > 2023-02-13 16:53 | Report Abuse

CASE SETTLED

Posted by PepGuardiola > 2023-02-13 16:53 | Report Abuse

CASE SETTLED

Hotstuff

3,291 posts

Posted by Hotstuff > 2023-02-13 16:53 | Report Abuse

uncle bob is buying while asking you to sell

Posted by PepGuardiola > 2023-02-13 16:53 | Report Abuse

CASE SETTLED

Posted by PepGuardiola > 2023-02-13 16:54 | Report Abuse

CASE SETTLED

Posted by PepGuardiola > 2023-02-13 16:54 | Report Abuse

CASE SETTLED

Posted by PepGuardiola > 2023-02-13 16:54 | Report Abuse

CASE SETTLED

Posted by PepGuardiola > 2023-02-13 16:54 | Report Abuse

CASE SETTLED

Posted by PepGuardiola > 2023-02-13 16:55 | Report Abuse

FLY AWHILE
FLY AWHILE
FLY AWHILE

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:57 | Report Abuse

What is GST - PwChttps://www.pwc.com › issues › gst-index › gst-about
The Malaysian GST system has two rates of GST (6% and 0%), and provides for the zero-rating of exported goods, international services, basic food items, and ...

Bring back GST in 2024, says FMM | Free Malaysia Today (FMT)https://www.freemalaysiatoday.com › 2023/01/05 › bri...
5 Jan 2023 — GST, at 6%, was first introduced on April 1, 2015 by the Barisan Nasional government. It was suspended on June 1, 2018 and finally abolished and ...

MALAYSIA GOODS AND SERVICES TAX (GST)www.mbpg.gov.my
GST is a consumption tax covering all sectors of the economy i.e all Malaysian-made goods and services including imports and excludes specific goods and ...

Good123

26,444 posts

Posted by Good123 > 2023-02-13 16:57 | Report Abuse

closed at 60.5sen... taking off tomorrow :)

Posted by PepGuardiola > 2023-02-13 16:59 | Report Abuse

@good123
Yes, based on technical candlesticks. It show positive signals

ken2004

1,697 posts

Posted by ken2004 > 2023-02-13 17:17 | Report Abuse

When start spamming, i think it is the sign to drop lol

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