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 2 hours ago

rac3ginho

30 posts

Posted by rac3ginho > 2024-08-23 16:43 | Report Abuse

right decision to dispose, just monitor closely on monday

ken2004

1,704 posts

Posted by ken2004 > 2024-08-23 16:59 | Report Abuse

Actually I think today red not really bcs of myeg, people just throw across board only to me, even good result company still in red.......

hhhiii123

824 posts

Posted by hhhiii123 > 2 months ago | Report Abuse

the time has come, see you Monday flying

U1818

707 posts

Posted by U1818 > 2 months ago | Report Abuse

https://www.malaymail.com/news/malaysia/2024/08/24/agriculture-ministe...

Agriculture minister: Malaysia begins exporting fresh durians to China today
Saturday, 24 Aug 2024

“Upon arrival at Zhengzhou Xinzheng International Airport, a comprehensive logistics network - including trains, trucks, and other transport modes - ensures that the fresh durians can be distributed throughout China in under 24 hours, reaching major cities like Beijing and Shanghai, which are key markets for our fresh durian,”

U1818

707 posts

Posted by U1818 > 2 months ago | Report Abuse

https://www.youtube.com/watch?v=Mc35svFxmrc

市场反应热烈令人鼓舞 大马“榴梿风暴”席卷中国 | 八点最热报 26/08/2024

Posted by CarolineTeoh > 2 months ago | Report Abuse

We will eat expensive durian in the future ..😣

OrlandoWeb3AI

4,909 posts

Posted by OrlandoWeb3AI > 2 months ago | Report Abuse

KLCI at 40+ months high

Will spill over to broader market

MYEG soon

Posted by KaiserKazer > 2 months ago | Report Abuse

ZETRIX IS THE FUTURE

Posted by Myinvestment88 > 2 months ago | Report Abuse

Sept up over Rm1

Tenka226

155 posts

Posted by Tenka226 > 2 months ago | Report Abuse

People foresee further earnings growth as new blockchain services, such as ZCert and Digital ID registrations, continue to enhance MYEG’s revenue

paktua73

18,341 posts

Posted by paktua73 > 2 months ago |

Post removed.Why?

U1818

707 posts

Posted by U1818 > 2 months ago | Report Abuse

https://www.myeg.com.my/investor-relations/news

<News Clippings> <2-9-2024>
The Edge Financial Weekly
MyEG Assures Investors Of Progress In Lofty Blockchain Ambition

Posted by Kucing Comey > 2 months ago | Report Abuse

Very slow

Posted by CarolineTeoh > 2 months ago | Report Abuse

What will be the next catalyst for MYEG ...?

Posted by Tryingtogetrich > 2 months ago | Report Abuse

I believe will be E-CNY ….then compulsory use of ztrade….. then hopefully Indonesia also use ztrade

Posted by Kucing Comey > 2 months ago | Report Abuse

Why this counter slowly movement. Going up later down n stagnant. Game by operator?

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

Small players are just forced to play to the few big whale's script. So loop sided rules...

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

This company is a "bank" that can print "money". It has minted close to 1.2 billion of crypto coins ( called zetrix ) at a cost of < USD4 per coin . Today about 15% 170 millions of zetrix crypto coins has been released and floated in crypto exchange. Today each zetrix cryto is traded at USD16. Its intrinsic value is much valuable than any bank in this country. https://coinmarketcap.com/currencies/zetrix

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

If Trump wins the coming Nov 5 election, small players will out run the few big manipulative local whales. Btw, Blackrock and Vanguard do hold shares in it < 2% for now.

Posted by Kucing Comey > 2 months ago | Report Abuse

Very upset this counter performance. Too many game!

kshinann

36 posts

Posted by kshinann > 2 months ago | Report Abuse

Any view on the dividen reinvestment plan?

Posted by Kucing Comey > 2 months ago | Report Abuse

@kshinann .. better take a cash. We cannot predict what happened this counter price. If take a cash, no need to fill the form..

Tenka226

155 posts

Posted by Tenka226 > 2 months ago | Report Abuse

Short-term traders surely are upset over its price movement ... just hold until your targeted price, easy

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

The stock price cannot reflects its true value just because it has been controlled by certain big whales. But how long can they continue to control the price as Zetrix has been freely traded on US crypto exchanges. Here are the emerging facts that will unfold in coming months

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

Zetrix cypto tokens are projected to rise to USD 50 in 2025 - 2026 .
Income from Validation of certificate of origin ( blockchain technology being used ) for custom documentation between China and M'sia will grow. Msia trade with China is RM200 bil.
In 2024, income from blockchain is estimated to be RM250 mil.
Blockchain holds 2.4% , Vanguard and its ETF hold > 2%
Blackrock owns and manages Bitcoin
Zetrix will soon be listed on Hong Kong Crypo Market
This year's 2024 estimate profit RM600 - RM700 mil
2025 estimate profit RM800 mil - RM1 bil

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

Small shareholders should promote this company vie social media, so that the disinformation from analysts and promoters

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

...can be debunked. And small shareholders create upper hands in discovery of price.

Tenka226

155 posts

Posted by Tenka226 > 2 months ago | Report Abuse

Actually you can do it also, fair2play. Go and correct those misinformed analysts and promoters by posting to social media platforms

Coleman77

67 posts

Posted by Coleman77 > 2 months ago | Report Abuse

Thought it would drop today as one of the substantial shareholders exited ..

speakup

27,028 posts

Posted by speakup > 2 months ago | Report Abuse

Haha that is trick normally played by funds. They sell = time to buy

Posted by CarolineTeoh > 2 months ago | Report Abuse

looks like MYEG will go back up to RM1 again

Posted by alextan5680 > 2 months ago | Report Abuse

KUALA LUMPUR (Sept 6): MyEG Services Bhd said it has teamed up with an agency of China's customs in a bid to secure the Royal Malaysian Customs's “single window” project.

The government e-service provider has signed a heads of agreement (HOA) with East Logistics Link Co Ltd (ELLC) to work exclusively together on securing and operating the project.

ELLC is a wholly owned agency of the General Administration of Customs of the People’s Republic of China.

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Under the HOA, the parties will collaborate on implementing the project, defining its structure, obtaining regulatory approvals, developing a business plan, securing funding, and pitching to the relevant Malaysian agencies.

The project will proceed only if a legally binding definitive agreement is negotiated and signed by the parties and all necessary regulatory or third-party approvals are obtained.

In a separate statement, MyEG said the initiative enhances the partnership between MyEG and ELLC, building on their existing collaboration on ZTrade — a Web 3 service for verifying and exchanging digital trade documents on the Zetrix blockchain platform.

MyEG said this collaboration combines its expertise in e-government services and Web 3 technology with East Logistics' experience in China’s international trade systems, including the development and maintenance of cross-border trade e-commerce platforms.

The company added that the parties also aim for the project to be developed on the Zetrix blockchain, further advancing the adoption of Web 3 technology in Malaysia and across the Asean region.

Shares of MyEG closed unchanged at 91.5 sen on Friday, giving the company a market capitalisation of RM6.88 billion.

OrlandoWeb3AI

4,909 posts

Posted by OrlandoWeb3AI > 2 months ago | Report Abuse

You must be wondering isn't NSW has been implemented since 2019?

How come MYEG still trying to secure?

This is because the NSW will be upgraded to WEB3 to use blockchain technology

This is a significant news

MYEG is the frontrunner in WEB3 in Malaysia who do you think will win this project?

Posted by AllIsVanity > 2 months ago | Report Abuse

DRP MYEG shares at RM0.8800 per share, any takers?

ignissimia

1,055 posts

Posted by ignissimia > 2 months ago | Report Abuse

I'm taking all my dividends in new shares

speakup

27,028 posts

Posted by speakup > 2 months ago | Report Abuse

I'm taking cash

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

China's national policy has targeted year 2025 when its blockchain use is widely implemented in all government processes including port custom electronic documentations . So, Malaysia whether like it or not, will have to comply by using blockchain technologies to submit custom processes in order to exports its goods to China ports. Malaysia trade with China is about RM200 billion per year....

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

China has selected MYEG as one of its first overseas partners to establish an international node covering South East Asia region to link back to China's core backbone blockchain. If you search in AI platform, the cost per custom documentation is rumored at between RM100 - RM150...

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

MYEG has adopted a very safe approach to monetize its RM1 bil investment by TOKENIZATION. It has minted 1.2 bil Zetrix tokens (aka printed "cypo money") and has only released and sold about 170 mil Zetrix tokens (initial offering was USD4 / token) when Zetrix was listed for trading in crypto exchanges. It has to manage Zetrix price, currently at USD15 - USD16 by releasing more Zetrix tokens when demand from Zetrix increases during to trading and purchases by exporters who need Zetrix tokens to purchase blockchain service for their goods to be exported to China. So, Zetrix tokens as per people in the trade are forecast to surge to USD30 in 2025 and USD50 in 2026 as international trade with China increases.

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

If MYEG venture in blockchain is not appreciated by the local capital market players ( whose banking license attached to to national responsibility is to efficiently allocate scare capital to the most productive assets ) in msia, the end is the blockchain business be bought over by a consortium private capitalists ( including Blackrock ) and be listed in HK or US.

Posted by CarolineTeoh > 2 months ago | Report Abuse

MyEG assures investors of progress in lofty blockchain ambition
https://theedgemalaysia.com/node/725181

ignissimia

1,055 posts

Posted by ignissimia > 2 months ago | Report Abuse

TS Wong will not sell off the lucrative Blockchain based business. The market will wake up eventually. Buy at lower prices now before that happens.

Willtolive

609 posts

Posted by Willtolive > 2 months ago | Report Abuse

minting the zterix tokens with real cash is risky as a public listed company who is seen to be speculating the unknown outcome. in the end who will be buying the coins for real projects besides Malaysians?

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

China has already generously offered and shared its national strategic blockchain technologies with myeg ( by extension ) to act as its International Node in SEA. Now, China wants to see if its generosity will be implemented swiftly. Else, Indonesia will take over the role. It's is similar to the HSR episode....

fair2play

22 posts

Posted by fair2play > 2 months ago | Report Abuse

In US, blockchain ecosystem, together with AI computing power, causes the revolution of data centers from offering basic storage to hyper computing features. If msia wants to be data center hub , in deed and in substance, in SEA, then blockchain is an intergral part of data center ecosystem. myeg is reckoned to be driving force towards it. So, don't get misguided by the dirty word "minting token" , because minting is an important piece of self funding (vie tokenisation ) to get new money in to build and expand a big project

Posted by CarolineTeoh > 2 months ago | Report Abuse

Waiting MYEG to climb back to RM1

U1818

707 posts

Posted by U1818 > 2 months ago | Report Abuse

https://www.sinchew.com.my/news/20240914/finance/5918996

传科技联合夺下NIISe - 财经 - 焦点财经 - 星洲网

Posted by OutOfTouch96 > 2 months ago | Report Abuse

Buy myeg...

U1818

707 posts

Posted by U1818 > 2 months ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1393385/miti-national-single-window-initiative-will-boost-malaysia-china-trade

Miti: National single window initiative will boost Malaysia-China trade

"The government and MITI will also prioritise expanding the NSW's reach to integrate with ASEAN's single window (initiative)," he said at My E.G. Services Bhd and the Federation of Malaysian Freight Forwarders (FMFF) cooperation agreement signing ceremony today.

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