MY E.G. SERVICES BHD
KLSE (MYR): MYEG (0138)
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Last Price
0.885
Today's Change
0.00 (0.00%)
Day's Change
0.885 - 0.895
Trading Volume
14,236,700
Changes
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Discussions
68 people like this. Showing 50 of 66,986 comments
Have to thanks the market to make it "cheap" again for retail investors to collect undervalue companies cheaply. Cheers !
2 weeks ago
@1pingpong, why it keep sell down with huge selling pressure even got good news? Lucky sell off at above 0.95 there…feel wasted time with this stock…seem no worth to buy
2 weeks ago
Above 1? Usually after RM 1 will no longer to support and crash down from there…
2 weeks ago
https://theedgemalaysia.com/node/731947
MYEG got investment in this company FashionValet.
2 weeks ago
It's only less than 6% stake. Nothing to worry about. Probably it's price paid for something else. Malaysia style.
MyEG Capital Sdn Bhd — a subsidiary of MyEG Services Bhd (KL:MYEG) — with a 5.78% stake.
2 weeks ago
Wow, my bearish myeg prediction is right again! Let’s short myeg down to gain back your losses! Haha!
2 weeks ago
@whitesamurai, i think maybe bos wanna reduce the 2% redundant individual dividen tax. then get back on through his investment company. can avoid the 2% tax. at the same time can drive the price down, then his investment company can collect low before pushing up again.....maybe la..
2 weeks ago
Though i have made lots of money from MYEG for a few rounds by buying lows and selling highs, but i condemn the way the strong hands manipulated the prices by pumping and dumping. All investors must condemn this kind of so looped sided rules. More so, MYEG's zetrix is listed in coinbase exchange for trading. I suggest those insiders do the same in Zetrix trading....
2 weeks ago
...Pump and dump is classic play on few days leading festive holidays, ie Deepavali. These strong insiders squeeze for shares at possible prices before they ramp MYEG price up to 95 sen from around 80 sen before MYEG announces 3rd quarter results ( in next 1 to 2 weeks likely ) which will be another records, 50% chance PAT 170 mil to 180 mil; 50% chance around 190 mil to 200 mil, based on the hundreds of millions made from newly issued and sold Zetrix tokens in Aug, Sept and Oct 2024 at around USD15 per token.
2 weeks ago
....MYEG provides blockchain technology. Blockchain exists to prevent manipulation and to promote transparency. But, ironically, MYEG shares are the most manipulated stocks under broad day light. I suggest those insiders go do the same in Zetrix trading. I will see if USA SEC will come after them or not.
2 weeks ago
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.
2 weeks ago
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.
1 week ago
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。
1 week ago
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/
1 week ago
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
1 week ago
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.
1 week ago
What I like about MYEG is the share price stays the same regardless of good or bad news.
1 week ago
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
3 days ago
"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
2 days ago
Same old same old; see if it can turns the tables after quarter announcement.
2 days ago
YES, myeg zetrix have breakout all time high above USD 20, sky is limit
https://coinmarketcap.com/currencies/zetrix/
1 day ago
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,
4 minutes ago
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1pingpong
myeg is a superb company. wil go far above RM1.00. No doubt about this. speaking from experience.
2 weeks ago