Posted by heesing62 > 2024-03-29 18:12 | Report Abuse

Something not right with Myeg. Share price stagnant despite all the good news past 2 months.

Posted by speakup > 2024-03-30 10:44 | Report Abuse

when Iris sold its 1.1bil Niise project to Tass Tech, Niise got cancelled
now Redtone sold its 400mil Mygovuc to Awantec for 300mil, how come govt no cancel Mygovuc? Tak adil ni!

Posted by speakup > 2024-03-30 12:52 | Report Abuse

Yes sell VS then buy Myeg

Posted by xiaoeh > 2024-03-31 22:30 | Report Abuse

为何禅师不直接在YTL Power提醒当局者而选择此处。。。？
禅师是有何顾虑否？

Posted by xiaoeh > 2024-03-31 23:52 | Report Abuse

在其他传教士到来之前。。。
我想禅师就到此为止吧。。。

Posted by xiaoeh > 2024-03-31 23:56 | Report Abuse

不然禅师就开一个
个别的渡人篇如何。。。？
到时有缘人将会自然到访

Posted by xiaoeh > 2024-04-01 08:00 | Report Abuse

哈哈哈哈哈哈哈哈哈

Posted by NRahmat > 2024-04-01 18:14 | Report Abuse

What is coming up?

KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 1,250,000 shares on 27-Mar-2024.

Posted by hng33 > 2024-04-02 14:53 | Report Abuse

cut at 78.5sen

Posted by hng33 > 2024-04-02 15:40 | Report Abuse

cut balance at 79sen

Posted by OutOfTouch96 > 2024-04-02 16:30 | Report Abuse

buy 78-79

Posted by NRahmat > 2024-04-02 22:22 | Report Abuse

EMPLOYEES PROVIDENT FUND BOARD acquired 3,500,000 shares on 27-Mar-2024.

Something is brewing?

Posted by Tenka226 > 2024-04-03 11:14 | Report Abuse

Time for MYEG to retest breaking 0.80 again

Posted by James_Bond > 2024-04-05 15:49 | Report Abuse

It is about time to scoop up this company!

Posted by James_Bond > 2024-04-05 15:49 | Report Abuse

Collected huge portion at 0.78! Cheers!

Posted by James_Bond > 2024-04-05 15:51 | Report Abuse

Let’s go my comrades!

Posted by James_Bond > 2024-04-05 16:13 | Report Abuse

Let me start the ball rolling, collected at 0.785!

Posted by Wonder138 > 2024-04-07 15:15 | Report Abuse

https://klse.i3investor.com/web/blog/detail/wonder138/2024-04-07-story-h-184582769-Wondering_why_the_MYEG_price_is_stagnant

Posted by Tenka226 > 2024-04-08 10:25 | Report Abuse

I am queueing at 78 cents right about now 😁

Posted by James_Bond > 2024-04-08 11:38 | Report Abuse

Collected another round 0.785, 0.790!

Posted by alextan5680 > 2024-04-08 22:14 | Report Abuse

分析：银河国际证券

目标价：1.15令吉

最新进展：

MyEG（MYEG，0138，主板科技股）有意继续推动Zetrix代币业务，其中放眼每季度推出100万个代币。

与此同时，公司放眼能在今年5月推出马中贸易平台ZTrade，而时间点也恰逢落在马中建交50周年。

尽管运输解决方案业务表现有所下滑，但是，伴随着外籍劳工招聘活动火热，相信会带动移民业务走强。

MyEG MYEG
行家建议：

在与MyEG管理层对话后，了解到公司的前景走势和目标。

进入2024财年，我们预计公司的Zetrix代币业务将增至1亿4300万令吉，占总营收的18%。

至于马中贸易平台ZTrade，无疑是个重要里程碑，因为超越其他国家率先推出平台。

此外，随着公司的当前平台已经开始营运，预计2024年的发展开销将降至1亿5000万令吉，有助于提振公司的现金流和改善债务水平。

另外，随着传统更新服务削弱，预计会拖累运输解决方案的表现，不过，移民业务将继续受益于活跃的招聘活动，推动许可更新和工作匹配业务。

我们将公司今明财年的每股净利预测，分别提高5%和7%，同时推出2026财年的每股净利预测。

综合以上，我们重申“增持”评级，目标价提高从原先的1.10令吉，提高至1.15令吉。

Posted by charlie chia > 2024-04-09 00:14 | Report Abuse

Anybody here who are CGS Cimb Member
Can share out Myeg write out which CGS value Myeg at Rm1.15

Posted by icecool > 2024-04-09 00:20 | Report Abuse

MY E.G. Services
Remains underappreciated
■ We raise our EPS estimates following our conversation with management as
revenues from blockchain should grow with wider adoption of its applications.
■ Related development expenditure should fall as MyEG looks for greater
monetisation, which should bring down gearing levels and improve FCF.
■ Reiterate Add with a higher TP of RM1.15. Valuation at 11.8x FY24F P/E fully
reflects policy risks, in our opinion, but ignores EPS upside from other areas.
Blockchain revenue mix to continue to rise
We raise our FY24-25F EPS by 5-7% and introduce FY26F estimates, following our
conversation with the management. We raise FY24-25F revenue contribution from
blockchain but lower transportation revenues given the rapid market share decline for its
renewal services. We estimate that MyEG generated c.RM90m in total revenues (12%
revenue mix) from its blockchain segment in FY23, with majority anchored by Zetrix token
sales. Going into FY24F, we expect this to rise to RM143m, forming 18% of total revenue.
We understand that management aims to issue c.1m Zetrix tokens per quarter through the
two exchanges that the token is listed on. Management also guided that Malaysia-China
ZTrade (a blockchain-based cross-border customs trade solution) could go live in May
2024, coinciding with the 50th anniversary of Malaysia-China diplomatic relations. This
development is a key milestone that comes ahead of other governments’ efforts, i.e. the
Philippines and Indonesia are also looking to onboard the platform. Additionally, we expect
the group’s development cost to fall to c.RM150m in FY24F from c.RM460m in each of
FY22-23 as the current platform reaches operational readiness, likely leading to FCF
improvement and lower gearing level from 22% in FY23 to 10% in FY24F.
Immigration segment should still fare well in FY24F
We believe the immigration segment could continue to benefit from vibrant foreign worker
hiring activities in FY24F. The Malaysian government has set 31 May 2024 as the deadline
for employers to bring in foreign workers in the formal sector, with the aim to reach c.2.5m
total registered workers by mid-2024F, from 2.13m as of Feb 2024. This should expedite
further sourcing of foreign workers by employers with hiring quota, which we believe will
benefit MyEG’s permit renewal and job matching businesses and cushion the ongoing
decline in transportation segment revenue due to digitalisation of Road Transport
Department services, which has dented MyEG’s legacy renewal services.
Maintain Add; raise TP to RM1.15
We maintain our Add call on MyEG with a higher GGM-derived TP of RM1.15 (we lift our
sustainable ROE from 18.2% to 18.8%) due to its attractive valuation (11.8x FY24F P/E,
at close to 1 s.d. below its post-General Election 14 average of 16.2x) and potential EPS
upside from its blockchain business. Key downside risks are non-extension of its current
concession services, loss of market share in ancillary businesses, and new blockchain
solutions failing to materialise. Potential re-rating catalysts are sustained strong blockchain
sales and award of new concession services from both local and foreign governments.

Posted by Tenka226 > 2024-04-09 16:58 | Report Abuse

MyEG Services Bhd’s revenue from its blockchain business is set to grow and compensate for the fall in its transportation revenue

https://www.thestar.com.my/business/business-news/2024/04/09/myeg-to-bank-on-its-growing-blockchain-business

Posted by Income > 2024-04-11 14:30 | Report Abuse

https://youtube.com/shorts/enho5O7HS5E?si=pFT8rZN2VGwfffE-

Posted by lordmaster > 2024-04-12 15:33 | Report Abuse

顺哥加油！强人来了💪💪💪

Posted by Myinvestment88 > 2024-04-14 15:05 | Report Abuse

这4月股价应该会稍微提升一些💪🏻

Posted by Tenka226 > 2024-04-15 11:11 | Report Abuse

Challenge to break 80 cents again this week 😬

Posted by keepup > 2024-04-15 14:44 | Report Abuse

this time just touch 80 cents then start to sell down already. lol

Posted by James_Bond > 2024-04-16 11:19 | Report Abuse

Collected another batch at 0.77! Thanks!

Posted by James_Bond > 2024-04-16 11:57 | Report Abuse

Need blockchain to track back your money in the midst of war!

Posted by 1pingpong > 2024-04-16 14:12 | Report Abuse

war just started....be watchful..

Posted by James_Bond > 2024-04-16 16:18 | Report Abuse

Oh no! Sell your shares and run away!

Posted by James_Bond > 2024-04-16 16:19 | Report Abuse

Looks like Israel will fight back Iran!

Posted by 1pingpong > 2024-04-16 20:11 | Report Abuse

1000++ counter in red.. It's a sign.

Posted by 1pingpong > 2024-04-17 11:22 | Report Abuse

not momentum to push up. will further down likely.

Posted by lordmaster > 2024-04-17 11:52 | Report Abuse

春哥！让我们证明反对者是错的。赶快！强者来了💪💪💪

Posted by 1pingpong > 2024-04-17 12:41 | Report Abuse

smartmoney is zeroooo still

Posted by James_Bond > 2024-04-17 15:03 | Report Abuse

Collected back myeg at 0.78! Cheers!

Posted by lordmaster > 2024-04-17 15:14 | Report Abuse

淳哥！加油！强者来了！ 💪💪💪

Posted by James_Bond > 2024-04-17 15:15 | Report Abuse

Comrades, let’s paint the myeg town green!

Posted by lordmaster > 2024-04-18 10:14 | Report Abuse

来了！Choon哥加油！ 💪💪💪

Posted by James_Bond > 2024-04-18 11:26 | Report Abuse

Collected 0.775! Thank you very much!

Posted by JJPTR > 2024-04-18 12:00 | Report Abuse

To MyEg die hards, i have one question to ask. If you look at MyEg qtrly result. Very beuatiful. But before that , Short term loan is 142m rgt . Long term loan is $704m rgt. Assuming effective loan interest is 7%, that means interest charges per year is about $59.2m. Now if you take a look at MyEg last 4 qtrs profits, PBT and PAT are pratically the same. Dont MYEG have to pay tax? Do I miss something?

Posted by EngineeringProfit > 2024-04-18 12:11 | Report Abuse

Nothing. You're 100% correct. I've warned them not to waste time here

Posted by 1pingpong > 2024-04-18 12:15 | Report Abuse

This respond from ISrael is still pending - Any firing of rockets in reply will cause another tank in Bursa. By then - its the real Black Friday.

Posted by 1pingpong > 2024-04-18 12:16 | Report Abuse

And some more we all see KWAP and EPF big buy in...if we follow these 2 track record...you will want to do the contrary from them.

Posted by 1pingpong > 2024-04-18 12:18 | Report Abuse

And not be deceived by false breakout of small push as to lure buy in and then sudden tank...which is too common..

Posted by EngineeringProfit > 2024-04-18 12:29 | Report Abuse

No, they support the price to escape high price- maximising profits. Yes, don't be gullible

Posted by benykp > 2024-04-18 14:32 | Report Abuse

Jjptr:

Pbt. Before that is PBIT. (11m last quarter)
Tax was 551k last quarter.