MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.91

Today's Change

+0.03 (3.41%)

Day's Change

0.89 - 0.92

Trading Volume

98,043,100


68 people like this.

67,028 comment(s). Last comment by hng33 6 hours ago

Posted by OutOfTouch96 > 2024-07-05 15:45 | Report Abuse

wait below 1.00

U1818

707 posts

Posted by U1818 > 2024-07-05 20:12 | Report Abuse

https://www.sinchew.com.my/?p=5712481

榴莲鲜果最快8月输华

Tenka226

155 posts

Posted by Tenka226 > 2024-07-10 20:22 | Report Abuse

Haven't seen any downtrend sign yet ..

Jaycee89

269 posts

Posted by Jaycee89 > 2024-07-11 12:03 | Report Abuse

Stop buying myeg unless drop less than 1, above 1 don’t buy , stay condo haha

NorazmiAR

106 posts

Posted by NorazmiAR > 2024-07-12 23:15 | Report Abuse

ZTrade Expands Service to Enable Two-Way Cross Border Digitised Trade Documentation

Onboarding of Pioneer Users Now Actively Underway

Petaling Jaya, 12 July 2024 – ZTrade, a Web 3 platform that facilitates the cross-border trading of goods with China, is expanding its scope of coverage to encompass the digital verification of Certificates of Origin (COOs) issued by the General Administration of Customs of the People’s Republic of China (GACC).

The enhancement will make ZTrade, the first-of-its-kind platform that provides verification and exchange of digitised trade documents on the Zetrix blockchain platform, a truly two-way cross-border facilitation service for trades with China.

This significant milestone comes just two weeks after MY E.G. Services Bhd (MYEG), the developer of Zetrix and related Web 3 applications including ZTrade, announced that the connectivity deployment of the service had been completed and live connectivity to GACC’s Single Window Platform has since been enabled.

With the recent activation of ZTrade, key trade documents related to outbound exports from Malaysia submitted digitally through the platform would be officially recognised by the GACC, paving the way for users to enjoy green-lane access for faster trade processing and clearance.

These documents include COOs issued by the Ministry of Investment, Trade and Industry of Malaysia and Phytosanitary Certificate and other product certificates issued by the Ministry of Agriculture and Food Security of Malaysia.

As a testament of ZTrade’s important role in easing and expediting cross-border trading, MYEG has now received notification from GACC via its wholly-owned agency East Logistic-Link Co., Ltd to expand ZTrade’s scope to include verification of COOs issued by GACC. These COOs are issued in the form of Verifiable Credentials on the Zetrix Layer-1 blockchain.

This service can be utilised by authorities from countries importing from China to expedite customs clearance as there will no longer be any need for manual document verification. In addition, companies providing trade facilitation services, like shipping companies and trade financing institutions, can also leverage on the system and enable smart contracts that execute to automate trade processes and transactions.

Since the launch of ZTrade, the onboarding of users, namely freight forwarders and
exporters, onto the platform have been actively ongoing. More information on ZTrade is
available at https://ztrade.ztradefi.com/

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=148910&name=EA_GA_ATTACHMENTS

Posted by alextan5680 > 2024-07-12 23:58 | Report Abuse

Zetrix区块链公司隶属于MyEG。(MyEG提供)

(吉隆坡12日讯)MyEG(MYEG,0138,主板科技股)透过马中贸易平台ZTrade,目前正扩大覆盖范围,其中涵盖中国海关总署(GACC)签发的原产地证书(COO)数字认证,好实现双向跨境数字化贸易文件管理。

该公司周五发文告指出,透过这项服务,能使ZTrade利用Zetrix区块链提供数字化验证和交换服务,成为真正意义上的双向跨境服务。

用户在使用时,利用该平台以数字化的方式,提交大马出口相关文件,将得到中国海关总署的认可,且能以绿色通道、加快贸易和清关方式铺平道路。

相同,从中国进口的国家,也能享用这些便利,如航运货贸易融资机构,同时,还能利用该系统启用智能合约,以自动化贸易流程和交易。

NorazmiAR

106 posts

Posted by NorazmiAR > 2024-07-13 01:07 | Report Abuse

What a pleasant surprise, after 2 weeks MYEG announced the activation of its blockchain-based cross-border trade facilitation services for clearance processing for trades going into China (exporters from Malaysia), today MYEG announced they also managed to expand its scope of coverage to encompass the digital verification of Certificates of Origin (COOs) issued by the General Administration of Customs of the People’s Republic of China (GACC) (exporters from China).

This means MYEG have expanded their services both ways, for exporters of both Malaysia and China by enabling Two-Way Cross Border Digitised Trade Documentation.

The potential of Ztrade and Zetrix is getting more huge with the activation of blockchain-based cross-border trade facilitation services for both side. It is very2 difficult, I repeat again, very2 difficult to penetrate and be part of the process with China custom clearance system. On top of that, MYEG also can process for China exporters. Imagine how big ASEAN countries market that do trading with China. This Ztrade is not additional cost to trading companies, instead it will be more cost saving and efficient for trading companies to use Ztrade in comparison to existing custom clearance process. Exporters will benefit the green-lane access for faster trade processing and clearance.

NorazmiAR

106 posts

Posted by NorazmiAR > 2024-07-13 01:15 | Report Abuse

Anyone missing the boat to top up below 80 cents back in Mar 2024, here is the chance for you to join the rally that will push MYEG to at least 1.50 - 2.00!! I believe that MYEG is at the early stage of multi-bagger stock...huge accumulation by investors in 98 - 1.05 price. The potential to expand its Ztrade services beyond ASEAN countries also makes MYEG can increase its revenues consistently for years to come.

speakup

27,028 posts

Posted by speakup > 2024-07-13 10:05 | Report Abuse

speakup bought 80sen

icecool

5,038 posts

Posted by icecool > 2024-07-13 20:10 | Report Abuse

i told you guys many times just buy the dip sure profit you don't believe.

NorazmiAR

106 posts

Posted by NorazmiAR > 2024-07-14 17:03 | Report Abuse

"The enhancement will make ZTrade, the first-of-its-kind platform that provides verification and exchange of digitised trade documents on the Zetrix blockchain platform, a truly two-way cross-border facilitation service for trades with China."

Please read the above statement again and again from the announcement. MYEG is the first company provides verification and exchange of digitised trade documents. Getting trust and being the provider of trade documents services by both Malaysia and China governments is not easy. In fact it is very difficult to develop and convince both governments to use Ztrade, a Web 3 platform as pioneer to ease the process and make it more transparent and automation.

China has been Malaysia's largest trading partner since 2009, with total trade last year reaching 450.84 billion ringgit ($98.90bn). On top of that ASEAN's trade in goods with China more than doubled, reaching $722 billion in 2022 and accounting for nearly one-fifth of ASEAN's global trade. China's investment flows into ASEAN also saw a substantial rise, reaching $15.4 billion in 2022. This growth underscores China's expanding regional influence.

MYEG have started the Ztrade trade facilitation services starting 27 June 2024 and will expand its services to Indonesia by end of 2024. Next year it will open up its services to Philipines and other ASEAN countries.

NorazmiAR

106 posts

Posted by NorazmiAR > 2024-07-14 17:13 | Report Abuse

It is a no-brainer for investors to start collecting MYEG considering the potential substantial amount of revenue and profit that MYEG will generate from Ztrade. Not only Ztrade is considered as ESG initiative for companies that moving to this platform, its usage of Web 3 platform and Zetrix coins will ensure it is future proof and adaptable to many countries that want to upgrade their trading documentation to more efficient and transparent.

MYEG will be multi bagger stocks that have the same traits as YTL where it is serving future needs TODAY!!

falvin

3 posts

Posted by falvin > 2024-07-15 13:52 | Report Abuse

looks like the co. posted their AGM video on their website.
good bkgd info, especially on zetrix. seems like the digital asset in their balance sheet are stablecoins. can watch the video from their website https://www.myeg.com.my/investor-relations/general-meetings

U1818

707 posts

Posted by U1818 > 2024-07-15 16:16 | Report Abuse

@falvin, thanks for info.

Tenka226

155 posts

Posted by Tenka226 > 2024-07-15 19:47 | Report Abuse

Ibanera, like many banking startups looking to upend today’s banking processes, sees blockchain as a game-changer.

https://www.cdotrends.com/story/4108/rise-web3-bank-ibaneras-radical-reimagining-finance

Jaycee89

269 posts

Posted by Jaycee89 > 2024-07-16 09:22 | Report Abuse

Guys , switch from this stock to Nationgate , will thanks me later

Posted by Myinvestment88 > 2024-07-17 16:33 | Report Abuse

Is Coming back guy
Pls hold 💪🏻

Posted by AllIsVanity > 2024-07-17 19:38 | Report Abuse

MyEG ZTrade赚幅料95%, 综上,我们重申对MyEG的“买入”评级,目标价定在1令吉。

What the efff?!

U1818

707 posts

Posted by U1818 > 2024-07-17 20:04 | Report Abuse

Nanyang 写错了,Maybank IB 给的 TP 是 RM1.68, 还未加入 Ztrade 的盈利贡献因为目前难以预测和估计。不是 RM1.00。

U1818

707 posts

laulau

421 posts

Posted by laulau > 2024-07-18 14:52 | Report Abuse

Friends & Gentlemen, Rather than wait here at Myeg and incurs opportunity cost as KWAP/EPF's still taking profit from Retailers for pension revision, accumulate Muhibbah now with positive momentum as Breakout's imminent with infrastructure & Construction theme play! After the Dividend & Dividend Reinvestment Plan we can revisit Myeg later?

Jaycee89

269 posts

Posted by Jaycee89 > 2024-07-19 10:37 | Report Abuse

patient , will get lower

Posted by edithcapital > 2024-07-19 16:07 | Report Abuse

Buy dip, sell rip

Posted by edithcapital > 2024-07-20 13:39 | Report Abuse

no more selling from kwap, monday should be some recovery for myeg, 1.06 should be reclaimed soon

Tenka226

155 posts

Posted by Tenka226 > 2024-07-20 16:24 | Report Abuse

Below Rm1 already. Time to collect

sg999

1,806 posts

Posted by sg999 > 2024-07-20 18:42 | Report Abuse

Target price 0.8?

speakup

27,028 posts

Posted by speakup > 2024-07-20 19:48 | Report Abuse

Myeg the only company in Bursa doing cryptocurrency, must command premium

Posted by edithcapital > 2024-07-22 07:58 | Report Abuse

Time to grab liquidity above 1.06

Jaycee89

269 posts

Posted by Jaycee89 > 2024-07-22 10:22 | Report Abuse

Patient , 0.91 first tp to buy

ignissimia

1,055 posts

Posted by ignissimia > 2024-07-22 16:24 | Report Abuse

If 2QFY24 Report is in the same vein of the previous Qtr, it should propel the stock price to RM1.37 with annual revenue hitting RM1b and earnings RM620m.

U1818

707 posts

Posted by U1818 > 2024-07-22 18:28 | Report Abuse

Buying call warrants with expiry dates beyond the end of August may yield good returns ;D

Posted by sailang_now > 2024-07-23 10:42 | Report Abuse

Already reached 0.97~0.975! Will support 0.97 holds?...tut tut

Highest 1.15
Support?
Resistant 0.95
Resistant 0.91
Resistant 0.88
Resistant 0.85
Resistant 0.83
Resistant 0.785
Price 0.97~0.975
Verdict: Downtrend is in progress

Posted by Seindah Suria Shahara > 2024-07-24 16:18 | Report Abuse

I felt like being scammed by this counter.. talk here talk there. all talk big but price still stagnant and going down.

OrlandoWeb3AI

4,909 posts

Posted by OrlandoWeb3AI > 2024-07-25 10:29 | Report Abuse

Web 2.0 and Web 3.0 represent different generations of internet technology and user interaction.Web 2.0:User-Generated Content: Focus on social media, blogs, wikis, and other platforms that allow users to create and share content.Interactivity: Enhanced user interfaces and interactions, such as AJAX, which allow for dynamic and responsive web applications.Centralization: Predominantly centralized services and platforms (e.g., Facebook, Google, Twitter), where a few large companies control data and services.Advertising-Based Monetization: Many services are free to use but are supported by advertising revenue, often using user data for targeted ads.APIs and Mashups: Use of APIs to integrate services and data from different platforms, allowing for the creation of mashup applications.Web 3.0:Decentralization: Emphasis on decentralized networks and services, often using blockchain technology (e.g., Ethereum, IPFS).Semantic Web: Enhanced data interoperability and integration through the use of metadata and machine-readable formats, enabling more intelligent and connected web experiences.Cryptocurrencies and Tokens: Use of cryptocurrencies and tokens for transactions, incentivization, and governance (e.g., Bitcoin, Ethereum tokens).Ownership and Control: Users have greater ownership and control over their data and digital identities, often facilitated by decentralized identity systems.Smart Contracts: Self-executing contracts with the terms directly written into code, enabling trustless and automated transactions.In summary, while Web 2.0 is characterized by centralized platforms and user-generated content, Web 3.0 focuses on decentralization, enhanced data interoperability, and user ownership and control through blockchain and related technologies.

sharemarket21

1,911 posts

Posted by sharemarket21 > 2024-07-26 11:47 | Report Abuse

Myeg is the next big thing in eco payment and government new technologies. It's just the beginning. Let's ride for the best outcome and return.

Tenka226

155 posts

Posted by Tenka226 > 2024-07-27 14:24 | Report Abuse

Surprisingly, current market cap = number of shares outstanding 🤓

sg999

1,806 posts

Posted by sg999 > 2024-07-30 01:15 | Report Abuse

Zetrix is dropping now

Tenka226

155 posts

Posted by Tenka226 > 2024-07-31 18:01 | Report Abuse

Doesn't show a great drop, sg999

https://coinmarketcap.com/currencies/zetrix/

hng33

20,502 posts

Posted by hng33 > 2024-08-01 14:53 | Report Abuse

bought back myeg at 99.5sen

hng33

20,502 posts

Posted by hng33 > 2024-08-01 15:09 | Report Abuse

Concentrate capital, accumulated myeg at 99.5sen

hng33

20,502 posts

Posted by hng33 > 2024-08-01 15:37 | Report Abuse

Q1. What is the total effective holding
percentage MYEG has on Zetrix
blockchain Web3 system (56%?)

A1: MYEG holds an approximately 95%
effective ownership interest in Zetrix Layer -1. However, the company intends to divest
some of this ownership to strategic investors
to enhance the value proposition of the
platform.

Q2: Based on Zetrix coin, maximum supply
of coin is 2.11bil coin while in circulation
is 155mil coin. Is the circulation 155mil
mean coin issue in the market and max
supply mean total coin that can be
issued? - Joseph Lam Wai

A2: As per the answer provided above, a total of
1 billion coins have been minted, of which to
date approximately 1% have been sold.

hng33

20,502 posts

Posted by hng33 > 2024-08-01 15:39 | Report Abuse

file:///C:/Users/Ng%20Chai%20Heng/Downloads/MYEG%2023rd%20AGM%20Minutes.pdf

kent98

136 posts

Posted by kent98 > 2024-08-01 16:41 | Report Abuse

The selling from KWAP seems stopped, the last date they sold based on the Bursa Malaysia disclosure was on 12th July 2024, since then until now, no more selling from KWAP. With that, I believe MYEG will slowly move up from here. The support level should be around 97 cents region.

hng33

20,502 posts

Posted by hng33 > 2024-08-01 17:22 | Report Abuse

In the AGM, MYEG clarify it holds an approximately 95% effective ownership interest in Zetrix Layer -1. instead of previously 56%. Zetrix have 1 billion minted zetrix coin and Myeg already sold 1 % and still retain 94%. However, the company intends to divest some of this ownership to strategic investors to enhance the value proposition of the platform, likely through upcoming ETF to be launched in HK exchange soon.

hng33

20,502 posts

Posted by hng33 > 2024-08-01 18:58 | Report Abuse

Malaysia ranks among top 10 crypto-friendly destinations - Gobind

KUALA LUMPUR: Malaysia has emerged as one of the top 10 crypto-friendly destinations for digital nomads and companies, said Digital Minister Gobind Singh Deo....

Gobind also noted that the Securities Commission of Malaysia has introduced guidelines to regulate digital asset exchanges under the Recognised Market Operator (RMO) framework.

The guidelines ensure that Malaysians can access and trade tokens created by blockchain technology legally in a safe and compliant environment.

"As a result, more than 840,000 Malaysians have opened an account with regulated digital asset exchanges (DAX) to-date, making up over 72 per cent of the investor segment," he said. - Reuters

hng33

20,502 posts

Posted by hng33 > 2024-08-01 19:01 | Report Abuse

Good news for zetrix, 95% own by myeg, more zetrix token created by blockchain is in high demand, can speed up sale more zetrix token to
Unleash myeg cash hoard forward

hng33

20,502 posts

Posted by hng33 > 2024-08-02 15:28 | Report Abuse

added all balance to myeg at 96sen

Tenka226

155 posts

Posted by Tenka226 > 2024-08-02 19:21 | Report Abuse

You got so many bullets to shoot, hng33😯

DragonLim

412 posts

Posted by DragonLim > 2024-08-05 09:29 | Report Abuse

What is happening today, so many stocks drop especially MYEG dropped by so much?

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