MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.875

Today's Change

-0.01 (1.13%)

Day's Change

0.87 - 0.885

Trading Volume

20,705,200


68 people like this.

66,991 comment(s). Last comment by hng33 13 hours ago

Henryjohny

911 posts

Posted by Henryjohny > 2023-02-18 17:37 | Report Abuse

share buy back will not save price from selling presure

Henryjohny

911 posts

Posted by Henryjohny > 2023-02-18 17:37 | Report Abuse

company like topglov after implement share buy back,still drop like crazy ..

RCZ2020

848 posts

Posted by RCZ2020 > 2023-02-18 18:04 | Report Abuse

I hope Mr wong thean soon won't let it drop further

speakup

27,014 posts

Posted by speakup > 2023-02-18 18:06 | Report Abuse

TS Wong will rescue all uncles aunties pakcik makcik trapped at high floor

Income

12,332 posts

Posted by Income > 2023-02-18 18:17 | Report Abuse

Who is wrong? Mu Admin and Is Admin lah.

Income

12,332 posts

Posted by Income > 2023-02-18 18:20 | Report Abuse

Wong rescues all uncles and aunts kah? Karate my boy first.

Income

12,332 posts

Posted by Income > 2023-02-18 18:22 | Report Abuse

Gov wants to take back money making ministries biz lah. Susah faham?

i3lurker

14,390 posts

Posted by i3lurker > 2023-02-18 18:24 | Report Abuse

income is wrong as usual
dun worry
I will propose to Gobermen to tutup all those public hospitals, let the Rakyat die
and give the money saved to myeg to run everything

Posted by warmplayer > 2023-02-18 21:44 | Report Abuse

Seems lots of people want it drop to buy lo.....Hold it tight for long term player.

speakup

27,014 posts

Posted by speakup > 2023-02-18 22:21 | Report Abuse

A lot ppl want Maybank drop also, but it never drops

Income

12,332 posts

Posted by Income > 2023-02-18 23:40 | Report Abuse

A lot ppl is warning the people here not to be Si Lunchai terjun dengan labu labunya.

777777

105 posts

Posted by 777777 > 2023-02-18 23:49 | Report Abuse

many counters share price drop too. Genting Bhd,(drop.18sens) Genm ( drop 5 sens)tenaga,maxis,etc share price also drop, so normal lah Myeg only 2.5sens. Shorty also had a frustrated day- guess breakeven!! Lets see on Monday...

Income

12,332 posts

Posted by Income > 2023-02-18 23:50 | Report Abuse

https://youtube.com/shorts/WqgCh_3R4GU?feature=share
My “wife“ TP.

i3lurker

14,390 posts

Posted by i3lurker > 2023-02-19 08:51 | Report Abuse

no warning given
we need people to die so that sharks can eat
some bilis people are born just to feed sharks and make sure sharks live


Income

A lot ppl is warning the people here not to be Si Lunchai terjun dengan labu labunya.

9 hours ago

stockraider

31,556 posts

Posted by stockraider > 2023-02-19 14:04 |

Post removed.Why?

Good123

26,444 posts

Posted by Good123 > 2023-02-19 15:07 | Report Abuse

MyEG Services Bhd continued its share buyback spree on Friday, raising the amount spent by the company to mop up its own shares since Feb 7 to RM10.72 million. The latest buyback involved four million shares at a price of between 66 sen and 68.5 apiece, for a total sum of RM2.7 million. In total, MyEG has bought back 16 million shares for RM10.72 million in the repurchase exercise since Feb 7.

Bullkobear

320 posts

Posted by Bullkobear > 2023-02-19 15:26 | Report Abuse

High risk higher return

Shines

2,824 posts

Posted by Shines > 2023-02-19 16:43 | Report Abuse

Washing weak holders la

RCZ2020

848 posts

Posted by RCZ2020 > 2023-02-19 18:01 | Report Abuse

So tomorrow will be a good day for Myeg?

Income

12,332 posts

Posted by Income > 2023-02-19 18:06 | Report Abuse

TP by my “wife “
https://youtube.com/shorts/eiCO3Wq3fHU?feature=share

Michael Kwok

6,439 posts

Posted by Michael Kwok > 2023-02-19 18:13 | Report Abuse

No buy myeg 66 cents
Tp 40 cents range
18/2/23 6.13pm

Income

12,332 posts

Posted by Income > 2023-02-19 19:48 | Report Abuse

I like these fotos… like my style
https://youtube.com/shorts/NDBU19pf-wY?feature=share

Income

12,332 posts

Posted by Income > 2023-02-19 19:53 | Report Abuse

Don’t play play here.
https://youtube.com/shorts/YFdgKdfGVKo?feature=share

Good123

26,444 posts

Posted by Good123 > 2023-02-19 23:28 | Report Abuse

Checkmate muhyiddin dan menantunya:)

https://youtu.be/Nf-bYQCtx5A

i3lurker

14,390 posts

Posted by i3lurker > 2023-02-20 02:50 | Report Abuse

Summary:
STRONG SELL

Moving Averages: STRONG SELL Buy (1) Sell (11)
Technical Indicators: STRONG SELL Buy (1) Sell (6)

RSI(14) 46.675 Neutral
STOCH(9,6) 23.839 Sell
STOCHRSI(14) 0.000 Oversold
MACD(12,26) 0.003 Buy
ADX(14) 37.881 Sell
Williams %R -100.000 Oversold
CCI(14) -128.4404 Sell
ATR(14) 0.0153 Less Volatility
Highs/Lows(14) -0.0132 Sell
Ultimate Oscillator 49.208 Neutral
ROC -4.132 Sell
Bull/Bear Power(13) -0.0080 Sell
Buy: 1 Sell: 6 Neutral: 2
Summary: STRONG SELL

Good123

26,444 posts

Posted by Good123 > 2023-02-20 08:07 | Report Abuse

Myeg becoming Binance

MyEG To Unlock Blockchain Potential
14 Apr 2022 — The research firm expects MyEG to monetise Zetrix via charging gas fees on transactions, tracking fees on the supply chain traceability, ...

The Star
https://www.thestar.com.my › myeg...
MyEG to unlock blockchain potential
14 Apr 2022 — The research firm expects MyEG to monetise Zetrix via charging gas fees on transactions, tracking fees on the

Good123

26,444 posts

Posted by Good123 > 2023-02-20 08:14 | Report Abuse

Binance dah ada Binance coin... Myeg coming:)

Good123

26,444 posts

Posted by Good123 > 2023-02-20 08:23 | Report Abuse


Save Print Back

0138 MYEG MY E.G. SERVICES BHD
Immediate Announcement on Shares Buy Back
Date of Buy Back : 17/02/2023
Description of Shares Purchased : Ordinary shares
No. of Shares Purchased : 4,000,000 shares
Minimum Price Paid For Each Share Purchased : RM 0.660
Maximum Price Paid For Each Share Purchased : RM 0.685
Total Consideration Paid : RM 2,699,877.00
No. of Shares Purchased Retained in Treasury : 4,000,000 shares
No. of Shares Which Are Proposed To Be Cancelled : 0 shares
Cumulative Net Outstanding Treasury Shares As At To-Date : 55,595,400 shares
Adjusted Issued Capital After Cancellation : 7,477,571,078
Date Lodged With Registrar of Company :
Lodged By :
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

17/02/2023 07:00 AM


Ref Code: 202302174700290

Good123

26,444 posts

Posted by Good123 > 2023-02-20 08:25 | Report Abuse

"Technical Analysis Is Garbage"

http://www.investing.com/analysis/technical-analysis-is-garbage-200176592

Good123

26,444 posts

Posted by Good123 > 2023-02-20 08:25 | Report Abuse

https://youtu.be/egjfIuvy6Uw

Good123

26,444 posts

Posted by Good123 > 2023-02-20 08:32 | Report Abuse

According to UOB Kay Hian Research, Zetrix can provide multi-pronged revenue streams to fuel MyEG’s earnings growth, potentially generating annual revenues of more than RM650 million, excluding ICO proceeds of RM210 million to RM420 million.



MyEG share price may not be reflecting its new businesses as some of these have yet to deliver significantly to the group.



As such, it may be a good move for investors to take some position in the counter before it starts to surge in tandem with the growing top-and-bottom line.

#MYEG

Good123

26,444 posts

Posted by Good123 > 2023-02-20 08:33 | Report Abuse

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FirstTake
11/24/2022 11:26 AM
Has MyEG been oversold? Time to relook at this counter?








Many counters on Bursa Malaysia had taken a hit when the bourse resumes trading the morning after the political limbo following the nation’s 15th General Elections.



It was akin to a ‘cheap’ sale on Bursa Malaysia and served as a good opportunity to accumulate some stocks seen to be fundamental strong with good growth prospects.



My E.G. Services Bhd is one example of value counter which has been affected by the political saga.



When the counter fell below 80 sen, investors view this as a good entry point given that it reached a 52-week low of 72 sen.



MyEG has been trending up, rising 7% in the past 5 days. As the country is close to getting some certainties (at time of writing) as to the next Prime Minister, the counter jumped to an intraday high of 84.5 sen on Nov 24 from its previous close of 79.5 sen.



Though it is still far from its 52-week high of RM1.13, investors are positive the company will post much better 3QFy22 results, underlining its strong fundamentals and exciting growth prospects.



Historically, there has been larges swings in the electronic government solutions and services provider shares, which are seen to be dependent on the ruling government of the day.



Such assumption is only normal given that the company’s business are mainly derived from its e-goverment services which include the renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems.



So far, with a number of changes in the country’s premiership, MyEG has not seen any negative impact on its services to the government.



In fact, it should continue to benefit on rising demand for e-government services.



As it is, MyEG saw a 10.4% increase in net profit to RM88.6 million in 2QFY22 from RM80.7 million a year ago as it benefitted from the resumption of full operations of its e-service centres nationwide.



The higher contribution from the foreign worker job matching service and sale of Zetrix token also helped drive its profit in 2QFY22.



Many analysts expect its 3Q results to be good as well and this should be an added boost to its share price.



That said, the company has continuously introduce innovative services by leveraging new technologies as ways to reduce dependency on its e-government projects.



It has expanded its services to include commercial offerings in areas such as immigration, automotive, healthcare and financial services.



New on its business portfolio is its blockchain platform.



It has recently inked a 4-year collaboration agreement with the Institute of Industrial Internet and Internet of Things of the China Academy of Information and Communications Technology.



Under the deal, MyEG will own and operate the Xinghuo International Supernode that will provide connectivity from China to the rest of the world.



It said the agreement also entails the cross-border adoption and utilisation of the latest Decentralised Identifier standard to gradually create the Web3 of China and beyond.



Domestically, MyEG has teamed up with Mimos Technology Solutions Sdn Bhd to look into developing a national public blockchain using MyEG’s blockchain platform, Zetrix, and Mimos blockchain technology as the components of the Malaysia BlockChain Technology, which is a key element of the government’s National Blockchain Roadmap launched on Aug 9.

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:03 | Report Abuse

After one week of confusion, surging higher n higher this week

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:03 | Report Abuse

After one week of confusion, surging higher n higher this week

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:03 | Report Abuse

After one week of confusion, surging higher n higher this week

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:04 | Report Abuse

Above 70sen this week

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:05 | Report Abuse

sale of Zetrix token --- dah mau mari

Posted by shortinvestor77 > 2023-02-20 09:05 | Report Abuse

We will see again Good123 disappear again:
Good123

Above 70sen this week

1 second ago

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:07 | Report Abuse

Forkast News
https://forkast.news › headlines › ch...
China's state blockchain infrastructure Xinghuo BIF partners Malaysian MyEG ...
17 Nov 2022 — Image: MyEG ... will connect to Zetrix, MyEG's layer-1 permissioned public blockchain, ... Bitcoin mining fund soars as

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:08 | Report Abuse

Tunggu zetrix coin je... Satu keperluan

MarketScreener
www.marketscreener.com › ...
MYEG's Zetrix Partners Ambank to Pilot Trade Financing on Blockchain ...
6 Oct 2022 — The launch of the pilot was announced alongside the Memorandum of Understanding between MYEG and MIMOS Technology Solutions Sdn Bhd to jointly ...

Investing.com
www.investing.com › news
Zetrix and MIMOS Sign MOU For Malaysia's Public Blockchain Infra
7 Oct 2022 — Zetrix was founded and operated by MY E.G. Services Berhad (MYEG), ... Malaysia's Public Blockchain

Posted by shortinvestor77 > 2023-02-20 09:08 | Report Abuse

Don't even know blockchain. Wanna to quote it? If China can, why must China benefit Myeg?

Posted by shortinvestor77 > 2023-02-20 09:09 | Report Abuse

All coins dah masuk longkang for a longer time. Wait for them to recover lah before a new coin emerge.

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:10 | Report Abuse

Tunggu zetrix coin je... Satu keperluan

MarketScreener
https://www.marketscreener.com › ...
MYEG's Zetrix Partners Ambank to Pilot Trade Financing on Blockchain ...
6 Oct 2022 — The launch of the pilot was announced alongside the Memorandum of Understanding between MYEG and MIMOS Technology Solutions Sdn Bhd to jointly ...

Investing.com
https://www.investing.com › news
Zetrix and MIMOS Sign MOU For Malaysia's Public Blockchain Infra
7 Oct 2022 — Zetrix was founded and operated by MY E.G. Services Berhad (MYEG), ... Malaysia's Public Blockchain

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:10 | Report Abuse

Coming lah :)

CoinGecko
www.coingecko.com › coins
Zetrix Price: ZTX Live Price Chart & News
Zetrix is an upcoming cryptocurrency and its price is currently unavailable. Market data will be available soon and 21 users have added this coin onto their ...

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:10 | Report Abuse

Tunggu zetrix coin je... Satu keperluan

MarketScreener
https://www.marketscreener.com › ...
MYEG's Zetrix Partners Ambank to Pilot Trade Financing on Blockchain ...
6 Oct 2022 — The launch of the pilot was announced alongside the Memorandum of Understanding between MYEG and MIMOS Technology Solutions Sdn Bhd to jointly ...

Investing.com
www.investing.com › news
Zetrix and MIMOS Sign MOU For Malaysia's Public Blockchain Infra
7 Oct 2022 — Zetrix was founded and operated by MY E.G. Services Berhad (MYEG), ... Malaysia's Public Blockchain

Good123

26,444 posts

Posted by Good123 > 2023-02-20 09:10 | Report Abuse

Coming lah :)

CoinGecko
https://www.coingecko.com › coins
Zetrix Price: ZTX Live Price Chart & News
Zetrix is an upcoming cryptocurrency and its price is currently unavailable. Market data will be available soon and 21 users have added this coin onto their ...

Posted by shortinvestor77 > 2023-02-20 09:10 | Report Abuse

Blockchain expert makes money in blockchain. Not in Bursa!

speakup

27,014 posts

Posted by speakup > 2023-02-20 09:13 | Report Abuse

Crypto, nfc....that's where the money is. Not myeg

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