Myeg contract renewed based on government official announcement? Myeg official announcement? Contract how long ? How much? Based on 2020… it was announced in July after May renewal.
Upgrade to BUY; TP raised MyEG’s 1Q23 earnings exceeded expectations due to stronger-thanexpected margins and stable JPJ-related business despite recent policy headwinds. We raise FY23-25E earnings by 8-12% and tactically upgrade the stock from HOLD to BUY as the recent share price weakness provides greater upside to our new TP of MYR1.03 (+10sen), based on sum-of-parts methodology. The immigration and blockchain segments are near-term key growth drivers, which could negate the decline in transport revenue.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
CyrusQ
2,060 posts
Posted by CyrusQ > 2023-06-28 09:46 | Report Abuse
why big dump ?