Funny people man ya'll. One person claiming I don't care bout what you say, the other also say I also don't care bout what you say but end up both still replying to each other which indicates they care. LOL.
Chong1116 Maybe this is last round dead cat bounce! 11/10/2020 10:10 PM
How long have you been in this counter ? I've not seen your name appear in the past. And start blowing water here like pro. Feel free to comment rubbish but youre happy with it.
It won’t change government .. our king will warn them .. now is the time to face Covid19 & strengthen the economy .. not fighting the own interests in power politics
CLSA maintains BUY rating , with a higher target price of RM2.00 (previously RM1.75).
MYEG will be providing an online payment system for inbound travellers. This provides upselling opportunities for its Covid-19 testing business, while introducing new revenue streams in the form of hotel commissions (for quarantine) and meet and greet services. Thus, we raise our 20CL and 21CL earnings by 11% and 14%. While these requirements may be short-term in nature, the same platform can be utilised to deploy VLN (e-visa) services when borders reopen, which could raise our 21CL earnings by 8%.
Online payment system for inbound travellers . The group received a letter of acceptance from the Ministry of Health to provide an online payment system for inbound travellers to register and make payments for Covid-19 screening tests and quarantine charges. The tenure of the project will be two years, effective from 1 November 2020. Upselling opportunities for Covid-19 testing and hotel commissions
We estimate this new business to contribute RM12m in monthly net profit. This assumes 3k daily inbound travellers, an RM150 testing fee with two applications (once upon entry and once before leaving) and a 20% net margin. On top of this, we assume hotel commission fees (for quarantine) of 3%, a take-up rate of 50% (the alternative is government centres) and room-rates of RM250 per night (for 14 days). There is also an optional meet and greet service for RM800, with a target take-up rate of 5%.
Raise earnings 11%-14%, but assumptions subject to change in requirements.
Positively, while these requirements may be deemed short term, the same platform can be utilised to deploy VLN (e-visa) services when borders reopen, which could raise our 21CL earnings 8%.
We retain our BUY on the stock with a higher target price of RM2.00 (from RM1.75). This is based on an unchanged target PE multiple of 24.5x and 21CL EPS.
i jus wonder..tis cbb isit trustable..i watch the video they mention they confirm will get nisse..fromm may say till now..now no news d..those hold reli lose until father mother cant recognize
At least myeg supporters are slightly quiet, as wallstreetrookie said...the resistance is at 0.7, he admitted it, still far from current price...but myeg's resistance at 1.44 and 1.50....
If myeg drop below 1.30, I definitely will in again....same to dsonic, above 0.6, if you want to buy, may be you have to think twice, so near to resistance...
Some trader only start to buy after breaking resistance, but usually wont buy near to resistance.
Btw, i hope myeg has chance over 1.5 one day so those myeg supporter got chance sell their shares....
Going back to Coronavirus mini crash price. Bearish trend. If you bought MyEG already earn a lot. And price still sustain. If you bought Htpadu, lagi huat.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Chong1116
208 posts
Posted by Chong1116 > 2020-10-11 22:10 | Report Abuse
Maybe this is last round dead cat bounce!