Posted by icecool > 2023-12-07 21:46 | Report Abuse

you see this operator always press down the price ofcause retailers will exit. this operator dont know how to push up and up like scib operator.

Posted by MagicalBobby > 2023-12-08 09:19 | Report Abuse

Game over....gone case.

Posted by sailang_now > 2023-12-08 09:25 | Report Abuse

Morning guys...last chance to buy the dip...we think KWAP is raising cash quick for the coming Government Pension Adjustment in early 2024 so maybe one of the main seller while foreign institutional fund like BlackRock is collecting? For those who believes in Myeg should take opportunity to increase their votes...tut tut
https://www.malaysianow.com/news/2023/09/05/pensions-for-retirees-to-continue-assures-ahmad-maslan

Posted by sailang_now > 2023-12-08 09:27 | Report Abuse

There's currently only 2 Institutional Funds active on Myeg. KWAP sold 0.02% on 22 Nov. & BlackRock acquired 1.65% on 30 November which is a sign of Foreign Institutional Fund's confidence & interest on Myeg profit potential?...
1. Kumpulan Wang Persaraan 7.42%
Shares 553,811,879
Value RM451.4m
Change % 0.02%
Portfolio % 0.82%
Last Reported 22 Nov 23
2. BlackRock, Inc. 2.18%
Shares 162,871,044
Value RM132.7m
Change % 1.65%
Last Reported 30 Nov 23

Posted by 1pingpong > 2023-12-08 09:42 | Report Abuse

Below 0.80 is coming. Enjoy the dip guys

Posted by OnTime > 2023-12-08 11:41 | Report Abuse

waiting to add more

Posted by UncleFollower > 2023-12-08 16:24 | Report Abuse

Good counter, but these days trading range so narrow nothing to trade.

Posted by OnTime > 2023-12-08 17:58 | Report Abuse

slow and steady wins the race

Posted by icecool > 2023-12-09 01:21 | Report Abuse

@UncleFollower correct that is why you dont see any trader here. traders need volatility!.

Posted by faizal959 > 2023-12-09 14:00 | Report Abuse

myeg x cuscapi.

Posted by lordmaster > 2023-12-09 20:11 | Report Abuse

Next week fly can liao! 😀
https://www.bernama.com/en/news.php?id=2252691

Posted by benykp > 2023-12-10 00:07 | Report Abuse

https://www.malaymail.com/news/money/2023/12/09/myegs-zetrix-introduces-digital-identification-card-driving-licence-to-chinese-nationals/106741

Posted by OnTime > 2023-12-10 08:12 | Report Abuse

myeg has the government's backing to the hilt. share price will reflect that for sure.

Posted by U1818 > 2023-12-10 11:02 | Report Abuse

https://www.biometricupdate.com/202312/malaysian-digital-id-available-to-public-from-july-2024

Malaysian digital ID available to public from July 2024

Posted by U1818 > 2023-12-10 11:26 | Report Abuse

Is Malaysia's Digital ID using MYEG's infrastructure?

Posted by choysun > 2023-12-10 11:43 | Report Abuse

80m given to MIMOS to Digital ID, MIMOS and MyEG work on blockchain infrastructure. Likely linked.

Posted by laulau > 2023-12-10 15:27 | Report Abuse

Opportunity only comes once in a Bluemoon. Why chase at High price later, when you can Buy low while stocks lasts if KWAP is still selling?

THE CASE FOR MYEG's UPSIDE LOOKS GOOD!
Here are my comments with regards to UOB Kayhian's write-up & TP for Myeg:
1. Zetrix sold 1.2M Zetrix coins at USD5 each during ICO on 28 October raising RM28.68M for Myeg. Please note that current circulating supply of Zetrix coins is 65.33M. With current market price of Zetrix coin at USD10.63 , it already raised RM3.25B for Myeg! These income will be reflected in Myeg account in the coming Quarters. We could forsee a big Final Dividend from Myeg as a big reward for shareholders' confidence & support!
2. Contract extension for Myeg E-Services for Immigration & JPJ already obtained.
3. ICO & Listing of Zetrix token on 28 October already done at Coinstore, BitForex & MEXC.
4. Launching of Zetrade verification for exports to China & Cabinet endorsement for Digital Driving license etc
5. Building of Foreign Worker's Village in Penang & more development projects to come?
6. With The Mandani Government support for Myeg's E-Services, Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetriz coin which is currently trading at USD10.63 or a 213% gain. Taking Myeg's support price of RM0.805, a 213% gain will push Myeg's price to RM1.71!

RECOMMENDATION:
Collect Myeg as much as possible on current weakness and we wait for the Big Pump from the Market & Foreign Funds!

Posted by OnTime > 2023-12-11 14:34 | Report Abuse

a (hidden) gem!

Posted by BursaKakis > 2023-12-11 16:26 | Report Abuse

In several announcements released in December, My EG Services (MYEG) officially launched Zcert with its JV partner Beitou Investment Group, secured a RM108m foreign worker accommodation project in Penang, and received approval from JPJ for its MYEG Drive Testing System’s pilot phase.

COMMENT



 Potentially huge returns from the launch of Zcert with China’s Beitou Investment Group. Over the weekend, MYEG officially launched ZCert, a cross-border credential service on Zetrix-XInghuo Blockchain with its 50% JV partner - China's state-owned Guangxi Beitou IT Innovation Technology Investment Group (Beitou Investment Group). The launching of Zcert and signing ceremony was witnessed by Deputy Prime Minister, Dato’ Seri Ahmad Zahid Bin Haimidi. The JV between MYEG and Beitou Investment Group offers cross-border credential service for China domestic users to digitise their driving license and other documents on the Zetrix-Xinghuo blockchain.
 Zcert’s cross-border digitisation credential service for driving licences can theoretically raise MYEG’s revenue by >RM100m. For the driver licence business segment, Zcert will offer a digitised-blockchain (and competing) version of China’s first and largest outbound car rental platform Zuzuche’s services that provide a translated and notarised version of china's driving licence. We assess the earnings potential to be huge for MYEG, given the guesstimate Zuzuche’s international car rental users of c.11m. Assuming around 20% of these 11m users convert into using Zcert which charges around Rmb220 (vs Zuzuche’s Rmb250), potential revenue accretion to MYEG’s 50% stake could be as much as RM159m. We expect Zcert to soon launch more digitised-blockchain services.

 In Malaysia, MYEG secures a RM108m foreign worker accommodation project in Penang. On 6 Dec 23, MYEG’s subsidiary MYEG Lodging (NC) Sdn Bhd signed a lease agreement with the Penang Development Corporation (PDC) to build a RM108m foreign workers’ housing in Batu Kawan. The workers’ village project, located at Batu Kawan Industrial Park 3 (BKIP3), is expected to house at least 8,000 foreign workers upon completion. We estimate that the RM108m foreign worker accommodation project in Penang will contribute annually >RM30m revenue and c.RM10m pre-tax profit upon completion by 2026 (Assumptions: 8,000 foreign workers, RM400/month rental).  Receives approval from JPJ for MyEG Drive Testing System’s (MYDTS) pilot phase. Earlier this month, MYEG received approval from the Road Transport Department (JPJ) to proceed with the pilot phase of the MyEG Drive Testing System (MYDTS) involving actual test candidates. The pilot phase will run from 18 Dec 23 till 16 Feb 24 before being commercially launched. Our earlier assessments revealed that e-testing may potentially lift MYEG’s profit by RM40m-50m upon commercial rollout.
 Zetrix possesses huge option value on earnings and valuations for MYEG upon maturity. We had previously assessed that Zetrix’s services can produce annual revenues of >RM650m via charging gas fees, service fees per credentials/contract and annual fees upon optimal utilisation of Ztrade services. Zetrix will also charge gas fees on its cross-border supply chain traceability and financing services after it is launched tentatively in 4Q23.

UOB KayHian 11122023

Posted by OnTime > 2023-12-11 16:45 | Report Abuse

💪💪💪

Posted by U1818 > 2023-12-11 17:07 | Report Abuse

Wah Wah Wah ...MYEG's annual revenue around RM650m, and UOB KayHin estimete Zetrix's annual revenue more than RM659m, so MYEG's share price at least RM1.60 lo~ ~ ~

Posted by OnTime > 2023-12-11 17:53 | Report Abuse

it's gonna be fast and furious when share price finally makes its move upward!

Posted by U1818 > 2023-12-11 18:02 | Report Abuse

Price > SMA5 > SMA20 > SMA60 > SMA100 > SMA200. All moving average cantik.

Posted by lordmaster > 2023-12-12 10:56 | Report Abuse

Sui! Got more at 0.82 😘

Posted by Tenka226 > 2023-12-12 11:27 | Report Abuse

Attract China people to migrate to Malaysia 😁

https://www.thestar.com.my/business/business-news/2023/12/11/myegs-zetrix-introduces-digital-id-driving-licence-in-china#:~:text=KUALA%20LUMPUR%3A%20MyEG%20Services%20Bhd's,be%20presented%20when%20travelling%20abroad.

Posted by OnTime > 2023-12-12 11:48 | Report Abuse

more than that, it's for the whole world outside china.

Posted by sailang_now > 2023-12-12 13:33 | Report Abuse

Not necessary as 32% shares are tightly held by Institutions, while 30% are held by Mr. Wong & Company. With 38% Myeg shareholding, Retailers are actually the Boss. Once KWAP completes selling of its indirect shares & carries out year end window dressing, the scenario will change soon? Let's stand United to make the BlueSky TP happens soon. Another GameStop in the making?...tut tut

https://finance.yahoo.com/news/e-g-services-berhads-klse-223157482.html

Posted by U1818 > 2023-12-12 13:44 | Report Abuse

Elephant also can fly with ears ;D

Posted by OnTime > 2023-12-12 13:49 | Report Abuse

dumbo, the flying elephant, haha!

Posted by lordmaster > 2023-12-12 15:07 | Report Abuse

Got more at 0.815! TenQ! 🥳😘💪

Posted by Polobuddy > 2023-12-12 17:51 | Report Abuse

breakout is near

Posted by OnTime > 2023-12-12 19:06 | Report Abuse

agree and also gobind singh is the new digital minister.

Posted by 1pingpong > 2023-12-13 11:23 | Report Abuse

0.81 now. Grab more grab more.

Posted by icecool > 2023-12-13 16:54 | Report Abuse

myeg needs to be like topglove 130+ mil volume then can go up 10%, can trade.

Posted by lordmaster > 2023-12-14 09:22 | Report Abuse

Dow ends at record high! Strong holder here. 😃💪🎉
https://www.klsescreener.com/v2/news/view/1248329

Posted by Tenka226 > 2023-12-14 10:54 | Report Abuse

Yupe, dovish sound during the FOMC meeting yesterday

Posted by lordmaster > 2023-12-14 13:40 | Report Abuse

請准备飞机要起飞了，快買机票! 😋😎😍

Posted by laulau > 2023-12-14 14:34 | Report Abuse

Very positive news for technology stocks like Myeg. Fence sitters should Buy before the next run-up!

KUALA LUMPUR (Dec 14): Bursa Malaysia ended the morning trading session on a good note on Thursday, supported by positive market sentiments, after the US Federal Reserve (Fed) decided to keep its interest rates unchanged.

At 12.30pm, the FBM KLCI had improved 5.78 points to 1,453.82, compared with 1,448.04 chalked up at Wednesday’s close.

The benchmark index opened 0.84 point better at 1,448.88, and moved between 1,448.14 and 1,456.26 throughout the morning session.

On the broader market, gainers surpassed losers 469 to 343, while 419 counters were unchanged, 1,113 untraded, and 37 others suspended.

Turnover stood at 2.57 billion units valued at RM1.37 billion.

In a note, Malacca Securities Sdn Bhd said the local stock exchange is expected to see further positive momentum, after the Fed signalled that US interest rates had peaked and indicated three rate cuts next year.

“Moreover, US producer prices were unchanged in November amid cheaper energy goods, showing that inflation is declining,” it added.

The brokerage firm also said that given the bullish Wall Street performance overnight, buying interest should spill over towards stocks in the technology sector.

Posted by OnTime > 2023-12-14 15:18 | Report Abuse

c'mon dumbo, start flapping your ears!

Posted by lordmaster > 2023-12-14 16:23 | Report Abuse

Lai liao! 🤓😘😍

Posted by icecool > 2023-12-14 16:34 | Report Abuse

myeg gogogo!!!

Posted by U1818 > 2023-12-14 18:14 | Report Abuse

Dumbo will try again tomorrow, hope tomorrow can fly higher, tomorrow will flapping ears, tail and trunk all together!!

Posted by hksoon > 2023-12-14 22:48 | Report Abuse

再下一城：MyE.G公司宣佈聯合中國廣西北部投資集團有限公司，利用Zetrix-星火區塊鏈技術，以合作推動跨境可驗證數字憑證“Z-CERT”系統服務，包括推出數字駕照和個人身分驗證；此服務率先為中國公民，提供出境旅行使用的加密駕照。
“中國駕照持有者可線上申請數字版駕照，也就儲存於Zetrix-星火國際區塊鏈錢包內的可驗證數字憑證；相關憑證可以由有關當局，或授權機構進行驗證，其優勢是個資無法被篡改，或出現造假問題。”
這是MyE.G公司是與中方公司合作推出區塊鏈系統底下的中國公民加密駕照服務

Posted by lordmaster > 2023-12-15 06:56 | Report Abuse

If DowJones can fly, so can Myeg? 🐘🦇🤗
https://www.cnbc.com/2023/12/13/stock-market-today-live-updates.html

Posted by OnTime > 2023-12-15 08:19 | Report Abuse

rise dumbo rise, rise to touch the blue-sky target and beyond!💪💪💪

Posted by CarolineTeoh > 2023-12-15 11:36 | Report Abuse

If can hit 90 cents before Christmas, I would be jolly 😁

Posted by amateurJR > 2023-12-15 13:42 | Report Abuse

Bought 0.815 past two days. Hope for come Christmas present!

Posted by OnTime > 2023-12-15 16:56 | Report Abuse

my baby has grown up!

Posted by U1818 > 2023-12-16 21:49 | Report Abuse

e-Driving Test pilot test will start on 18-12-2023 Monday, hope this will help to push MYEG share price higher.

Posted by OnTime > 2023-12-16 22:11 | Report Abuse

definitely will drive revenue higher.