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 3 hours ago

Posted by whitesamurai > 3 weeks ago | Report Abuse

Zetrix trading? Why USA sec will involve in such trading?

Posted by Invest23 > 3 weeks ago | Report Abuse

fair2play, how do you know about the private sale of a million tokens in Q3? As the Zetrix whitepaper announcement states, the huge volume of digital assets (Tokens) has been released from the core team and community incentives, not from private sales. Don't tell me that just the circulating supply of September minus the supply of June.

Can you share we me how you know that the million sales of tokens in Q3? Thank you.

2Invest

121 posts

Posted by 2Invest > 2 weeks ago | Report Abuse

https://vulcanpost.com/874962/khazanah-pnb-lost-rm43il-fire-sale-fashionvalet/

MyEG Capital is also a shareholder with 283,246 ordinary shares. MyEG Capital had actually given FashionValet its seed funding of RM1 million in 2012.

It's only merely 1 million invested in FashionValet.

James, please short it down to 80sen & I will collect some. LOL

From 2015 having 68M profit & last 4 quarters total having close to 600M profit. If that's not a good biz I don't know which one is 😂

Anyway just hope that today can hits 80sen & below. To me it worth about RM2. If I can collect below 80sen, chances of having > 100% return is high in near term.

So let's see how Mr Market perform today.

Tenka226

155 posts

Posted by Tenka226 > 2 weeks ago | Report Abuse

Look forward Mr. Wong to buy back the shares ..

Trader9

72 posts

Posted by Trader9 > 2 weeks ago | Report Abuse

can wait for confirmation candle next week.

Posted by whitesamurai > 2 weeks ago | Report Abuse

2Invest, 80 cents can buy already? Will join you and wait there… lol

Trader9

72 posts

Posted by Trader9 > 2 weeks ago | Report Abuse

breaks 86.5sen would be nice

fortunefire

1,518 posts

Posted by fortunefire > 2 weeks ago | Report Abuse

waiting for tp 0.9x

abcb

3,047 posts

Posted by abcb > 2 weeks ago | Report Abuse

Hope to reach 1.00 this week

Posted by whitesamurai > 2 weeks ago | Report Abuse

Hey guys! Can drop below 0.8 first? I only will consider buy it lol

Posted by whitesamurai > 2 weeks ago | Report Abuse

Going up 1.00?? So funny….even can’t stand above 0.85-0.855 lol

U1818

707 posts

Posted by U1818 > 2 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1419295/%E5%A4%A7%E5%8D%8E%E7%BB%A7%E6%98%BE-%E5%B8%83%E5%B1%8011%E6%9C%88%E8%B4%A2%E6%8A%A5%E5%AD%A3-10%E9%A6%96%E9%80%89%E8%82%A1%E6%96%99%E8%B6%85%E8%B6%8A%E5%A4%A7%E5%B8%82

大华继显:布局11月财报季 10首选股料超越大市
MyEG第三季表现料创新高

MyEG(MYEG,0138,主板科技股)旗下首层公共区块链平台Zetrix与中国海关推出双向跨境服务,随着海关项目商业化启动并开始产生交易和使用费,预计Zetrix的服务销售将会持续增长。

另外,该公司在政府部门的特许经营也被延长,预计在短期至中期内公司的业务提供支持。

交通局在2023年第一季引入数字路税更新的该公司的影响不大,交易量仅减少5%,而移民局服务的贡献依旧相对稳定。

催化剂包括大马身份证和世界身份证服务。2024财年第三季表现预计创新高。

1pingpong

760 posts

Posted by 1pingpong > 2 weeks ago | Report Abuse

its always when the least expected...and the durian runtuh happen.

hng33

20,502 posts

Posted by hng33 > 2 weeks ago | Report Abuse

Zetrix platform set to spur MyEG’s earnings
PETALING JAYA: MyEG Services Bhd’s (MyEG) earnings prospects remain bright going forward, thanks to its Zetrix blockchain platform.

UOB Kay Hian (UOBKH) Research said MyEG’s prospects remain rejuvenated with plenty of emerging catalysts such as earnings growth from Zetrix-related services and involvement in multiple Malaysian e-government projects.

The recent commercial launch of Zetrix cross-border services also provides assurance on stable recurring revenue and healthy cash flows moving forward, the research house added. After investing over RM1bil to develop its Zetrix blockchain, MyEG launched multiple applications on the platform.

This includes the Ztrade blockchain platform in the China customs, certificate of origin authentication services, smart contract verifiable credentials and blockchain-based digital signing and others.

UOBKH Research said some of these government-to-government blockchain applications under the Zetrix platform solidifies the company’s presence within the domestic e-government space, with more adoption across various ministries.

Earlier in October, MyEG commenced its partnership with Heitech Padu Bhd for Malaysian e-government projects.

To note, HeiTech Padu recently secured a National Integrated Immigration System project worth RM892mil. It also secured another two contracts worth around RM324mil from the Road Transport Department this year.

Leveraging on HeiTech Padu’s back-end system expertise, MyEG is able to develop a holistic platform incorporating its front-end solutions for various e-government projects in the future, the research house said.UOBKH Research is maintaining a “buy” call on MyEG with a target price of RM1.42.

For its second quarter ended June 30, 2024, MyEG’s net profit rose to RM165.42mil from RM111.56mil in the previous corresponding period, while revenue grew to RM242.28mil from RM184.88mil a year earlier.

In a filing on its quarterly performance, the company said it expects to continue introducing innovative services by leveraging on new technologies

https://www.thestar.com.my/business/business-news/2024/11/06/zetrix-platform-set-to-spur-myegs-earnings
https://coinmarketcap.com/currencies/zetrix/

U1818

707 posts

Posted by U1818 > 2 weeks ago | Report Abuse

It is totally unexpected that the price of MYEG could stay below RM1 for so long.

hng33

20,502 posts

Posted by hng33 > 2 weeks ago | Report Abuse

Trump will win

hng33

20,502 posts

Posted by hng33 > 2 weeks ago | Report Abuse

Trump is cryptocurrency supporter.

hng33

20,502 posts

Posted by hng33 > 2 weeks ago | Report Abuse

Myeg cryptocurrency, zetrix, is worth multibillion in USD market capitalization

hng33

20,502 posts

Posted by hng33 > 2 weeks ago | Report Abuse

Trump’s comments at the 2024 Bitcoin Conference in Nashville, where he said, “I pledge to the Bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris’ anti-crypto crusade will be over,” stating firmly that “it will end. It will be done.”

Trump and republican will end Democrats’ unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency. We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control

hng33

20,502 posts

Posted by hng33 > 2 weeks ago | Report Abuse

Trump claimed that “crypto has got a great future. I think it really does. Maybe we will pay off the $35 trillion national debt in crypto.

Posted by AllIsVanity > 2 weeks ago | Report Abuse

What I like about MYEG is the share price stays the same regardless of good or bad news.

1pingpong

760 posts

Posted by 1pingpong > 2 weeks ago | Report Abuse

relax. myeg will go past rm1.00

Posted by yongpin1997 > 2 weeks ago | Report Abuse

Zetrix 17.70, let’s go MYEG!

hng33

20,502 posts

Posted by hng33 > 1 week ago | Report Abuse

Bitcoin surged past US$80,000 for the first time on Sunday, driven by the incoming president’s support for digital assets and the election of pro-crypto lawmakers

hng33

20,502 posts

Posted by hng33 > 1 week ago | Report Abuse

Myeg, zetrix coin on track to break all time high.

Posted by CarolineTeoh > 1 week ago | Report Abuse

Zetrix platform is looking good 🙆

hng33

20,502 posts

Posted by hng33 > 1 week ago | Report Abuse

"The fact that bitcoin was trading near all-time highs when the election result came through meant that it had clean sky above."

Right time for Myeg, zetrix coin to soon breakout historical all time high to stay above USD 20 for its own next level clean sky.

Currently, Myeg derive about 30% profit from zetrix, such margin will increase to above 50% soon and will ultimately replace local concession become major source of profit for myeg

Posted by AllIsVanity > 1 week ago | Report Abuse

Same old same old; see if it can turns the tables after quarter announcement.

U1818

707 posts

Posted by U1818 > 1 week ago | Report Abuse

13-11-2024 10.55am >>>>>>> Zetrix = $20

hng33

20,502 posts

Posted by hng33 > 1 week ago | Report Abuse

YES, myeg zetrix have breakout all time high above USD 20, sky is limit
https://coinmarketcap.com/currencies/zetrix/

Posted by CarolineTeoh > 1 week ago | Report Abuse

Now we wait MYEG to break all time high 😁

U1818

707 posts

Posted by U1818 > 1 week ago | Report Abuse

Investors are ignoring Zetrix. MYEG should spin off Zetrix and re-evaluate it.

Posted by AllIsVanity > 1 week ago | Report Abuse

Something is off.

Posted by AllIsVanity > 6 days ago | Report Abuse

yenico9160
People with weak hands vs. strong hands when the tree is shaken.
Investors with weak hands tend to be impulsive and fearful, while those with strong hands have greater financial stability and a long-term perspective on market fluctuations.
Strong hands often maintain conviction in their investment strategies and are less prone to reactive market behaviors.
Big traders and dealers often capitalize on weak hands' predictable behavior and they strategically buy when weak hands sell, exploiting their reactions to drive market movements.
Strong hands traders are better capitalized, less emotional, and more focused on long-term trends. They often trade large positions and do not rely on precise short-term levels.
Weak hands are placing bets rather than investing and they tend to be easily spooked by price changes,

Posted by CarolineTeoh > 6 days ago | Report Abuse

Another record high in revenue and net profit for the upcoming QR ? 😀

hng33

20,502 posts

Posted by hng33 > 6 days ago | Report Abuse

💪

U1818

707 posts

Posted by U1818 > 4 days ago | Report Abuse

17-11-2024 6:20pm >>>>>>> Zetrix = $21.20.

hng33

20,502 posts

Posted by hng33 > 3 days ago | Report Abuse

higher Zetric market price translate DIRECTLY to higher profit margin for every zetrix sold by myeg which still own 957 million zetrix available for sale (total zetrix supply1.16 billion - total zetrix already sold 202.7 million)

Posted by ValueInvestor888 > 2 days ago | Report Abuse

but MYEG is not moving.
People invested directly in bitcoin, or bitcoin related counter in US like Microstrategy are laughing to the bank.
I also took profit as this hype will be over soon...

keepup

120 posts

Posted by keepup > 2 days ago | Report Abuse

don't know why myeg so high profit, but market cap so low. like never wake up

Posted by whitesamurai > 2 days ago | Report Abuse

So many good news regarding this company but that share price always below RM0.90. Why so many people aim for RM1.30-1.40 btw the share price are so weak and still got so high selling pressure …??

even today mostly share firmly but it so lousy like sleepy share lol…hopefully it will drop until more cheaper only consider buy this share

keepup

120 posts

Posted by keepup > 2 days ago | Report Abuse

will drop until 0.85? QR out push til 0.90 and drop back again. myeg style

Posted by whitesamurai > 2 days ago | Report Abuse

Buy others better that wasted time on it…otherwise can get more cheaper price with discount lol

hng33

20,502 posts

Posted by hng33 > 1 day ago | Report Abuse

Nasdaq Inc’s plan to list options on the US$43bil iShares Bitcoin Trust as early as this week and Goldman Sachs Group Inc’s push to spin off its digital-asset platform, signs of how crypto and its underlying blockchain technology are burrowing deeper into the financial system.

Bitcoin jumped as high as US$92,606 on Monday in the United States before changing hands at US$90,565 as of 8:06am yesterday in Singapore, about US$3,000 below a record set last week.


The largest digital asset is up 35% since Trump’s Nov 5 election win on a platform that included making the United States the world’s crypto capital.

“The crypto scene is on the move once again,” Chris Weston, head of research at Pepperstone Group, wrote in a note, adding that Trump Media’s play for Bakkt is “another piece of positive news that is lifting sentiment”.

Trump has vowed to create a supportive US regulatory framework for digital assets and set up a strategic bitcoin stockpile.

https://www.thestar.com.my/business/business-news/2024/11/20/bitcoin-gets-a-boost-from-growing-us-embrace

icecool

5,038 posts

Posted by icecool > 1 day ago | Report Abuse

wow excellent QR

hng33

20,502 posts

Posted by hng33 > 1 day ago | Report Abuse

Super profit Q3 = 2.6sen

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