NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES MY E.G. SERVICES BERHAD ("MYEG" OR "COMPANY") DIVIDEND REINVESTMENT PLAN APPLICABLE TO THE ENTIRE PORTION OF THE FINAL SINGLE-TIER DIVIDEND OF 1.17 SEN PER ORDINARY SHARE IN THE COMPANY IN RESPECT OF THE FINANCIAL YEAR ENDED 31 DECEMBER 2022 ("DRP SHARE ISSUANCE") MY E.G. SERVICES BERHAD https://www.myeg.com.my/investor-relations/news
MAYBANK INVESTMENT BANK RESEARCH: Notwithstanding the threat posed by the future implementation of the National Integrated Immigration System (NIISe), circa 2H25, the extension of MyEG’s immigration concession effectively renders near-term policy risks or uncertainty benign. Pegged to a valuation multiple of 20 times FY24 PER (at the five-year mean), our target price is now also revised higher by 11% from RM1.03. Our “buy” rating is maintained based on improved risk-reward.
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....
Armageddon
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Posted by Armageddon > 2023-07-18 11:44 | Report Abuse
MYEG look sluggish, come down to 0.70 then collect more!!!!!!