MYEG (0138): Financials Summary, Key Results, Growth

在今日签约后，大马农业和食物安全部也将宣布，使用ZTrade为官方管道，向中国发放农业认证，这可能包括出口准证和其他的准证。

Look like Ztrade agreement signed today!

1 week ago

Ministry of Agriculture kick start the 1st export deal? DURIAN, I GUESS

1 week ago

Tmr, hoseh jo

1 week ago

Analysts has yet to factor in Ztrade into target price already TP1. 60
If Ztrade included will be how high?

1 week ago

@pang72, at least 3 to 4 story high in near term, ~~ RM3.50 (Malaysia), after all RCEP countries adopted RM35 ;D

1 week ago

hhhiii123

hehe, tomorrow show time

1 week ago

beinvested

Recently, EPF ceased to be the substantial shareholder. Today, it filed the Notice for substantial shareholder. Means, it bought back the shares on 13 June.

At another time, there appeared like it sold at the higher price and bought back at the lower price before the closing.

1 week ago

Yes! Follow EPF/KWAP to Sell Myeg on News! Buy on Rumours!. For those who already took profit? Remember Pestech Aerotrain contract termination? Government is good at backtracking as Pestech is currently back on Aerotrain Project in JV with IJM. Iris substantial shareholder Dato' Robin's father is TSVT who enjoys good relationship & lobby with present Govt & Royalty. Iris could also comeback into Niise Project through a JV with the successful bidder as Immigration is still using Iris Border Security Management Equipment & Systems. Arbitration with Government on quantum of compensation for Iris on Niise termination is also ongoing? Otherwise why the long delay to announce the successful bidder?
https://www.freemalaysiatoday.com/category/nation/2024/01/19/no-govt-interference-says-loke-as-pestech-back-in-aerotrain-project/

1 week ago

hng33

bought back myeg at 1.04

1 week ago

CarolineTeoh

I wait below Rm1 ...safer

1 week ago

hhhiii123

still hold, wait for breakout to topup, hehe

1 week ago

Good idea!
CarolineTeoh

I wait below Rm1 ...safer

As long as EPF & KWAP keeps on selling supported by IBs who keeps on issuing Call Warrants on a monthly basis, Myeg would not move much. Also we need to see how Myeg deals with it's tax obligations for Zetrix token profit? Income tax may review Myeg's Income declaration for penalties or raise additional tax which will affect its bottom line?
If free, take a look at Iris, Kobay for Tech & DC play or Engtek for Water & DC play as associated with Ranhill & YTL power play. We can always come back later to Myeg after the dividend & share reinvestment plan?

6 days ago

keepup

foreign fund gone?

6 days ago

hng33

cut at 1.03, better wait for NIIS award impact first

6 days ago

Wise move. Buy Iris, Kobay or Engtex got positive momentum. We will revisit Myeg later?

6 days ago

Tenka226

Ya, revisit Myeg when the price is less than Rm1

6 days ago

hng33

Kwp continue selling, kwp fund manager also selling, myeg CEO also selling direct share to company.... EPF selling and trading, now ease less 5%, everyone is waitinvg for NIIS outcome which risk myeg losing 2/3 immigration business after 2 year extensions lapse

6 days ago

kkl123

This counter down because of PM LEE arriving
Will up up up because HE already leaving.
Monday buy back

6 days ago

https://www.myeg.com.my/investor-relations/general-meetings

MYEG AGM, 25-6-2024, 10am ~ ~ Tomorrow is the last day to submit questions to MYEG ;D

6 days ago

icst1975

In the first quarter of 2024, MY E.G. Services Bhd (MYEG) experienced a significant boost in net profit, rising by 47.09% to RM155.83 million compared to the same period last year. This growth was primarily driven by contributions from its Zetrix blockchain platform services and the sale of Zetrix tokens. The company’s revenue also increased by 34.49%, reaching RM232.96 million during Q1 202412. MYEG expects to continue introducing innovative services leveraging blockchain technology (specifically its Layer 1 blockchain platform, Zetrix) to drive organic growth in 2024. Additionally, Zetrix has been integrated with China’s national blockchain platform, “Xing Huo,” allowing cross-border trade and expanding MYEG’s global reach. The long-term outlook for MYEG remains positive as they continue to introduce innovative services both in Malaysia and globally.

5 days ago

MYEG become mygg？

5 days ago

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E5%86%9C%E9%95%BF%E4%B8%AD%E5%9B%BD%E9%9C%80%E6%B1%82%E9%AB%98-%E5%A4%A7%E9%A9%AC%E2%80%9C%E7%94%98%E6%A6%9C%E6%A6%B4%E6%A2%BF%E2%80%9D%E4%B9%9F%E5%B0%86%E5%87%BA%E5%8F%A3?fbclid=IwZXh0bgNhZW0CMTAAAR13gsUM7Mw8qJQFVjfbMjHK4Md01YOyBp8pbl4YiMyM6v79SKvoxaRZvtU_aem_Z9AbrwCECLOtws9gwlwvPQ

中国需求高，大马甘榜榴莲也将出口

5 days ago

https://www.enanyang.my/%E8%A6%81%E9%97%BB/%E8%80%83%E8%BD%A6%E7%A8%8B%E5%BA%8F5%E5%B9%B4%E5%86%85%E5%85%A8%E9%9D%A2%E8%87%AA%E5%8A%A8%E5%8C%96-%E9%99%86%E5%85%86%E7%A6%8F%EF%BC%9A%E9%A9%BE%E9%A9%B6%E5%AD%A6%E9%99%A2%E5%8F%97%E8%B4%BF%E5%B0%86%E5%90%8A%E9%94%80%E6%89%A7%E7%85%A7?fbclid=IwZXh0bgNhZW0CMTAAAR0KarGIDKVhpWT7b2SblfGDgqSpYVI04Xar_14Ev4whVG3oAbIeVGWcP30_aem_gpjOUgzjuhxvsyfHEuG6pw

考车程序5年内全面自动化陆兆福：驾驶学院受贿将吊销执照

2024年06月23日

4 days ago

Sanabeng

No worry, sure MyEG will become penny stock again.

3 days ago

CarolineTeoh

So better q at 88 cents ?

3 days ago

https://www.msn.com/en-my/money/topstories/interview-bringing-web3-to-forefront-now-rather-than-later/ar-BB1oKX9u

Interview: Bringing Web3 to forefront, now rather than later

Today, Zetrix is focused on two primary applications, which are for cross-border trade and for cross-border government document verification.

MyEG works closely with Mimos Bhd on their Malaysian Blockchain Infrastructure project to provide the modules required by the government and enterprises.

Going global
More than two decades ago, when MyEG introduced online services, Wong shares that he regrets it having been “overly focused” on the Malaysian market and not extending its e-government services and solutions outside of the country.

This is why, with Zetrix, Wong is steadfast on aggressively targeting the international market.

“For Web3, the application we are rolling out, which is cross-border trade, by its very nature involves many more markets, many more countries and many more governments,” he says.
“We are still very early in the blockchain technology cycle. Many silos will be built on blockchain over the next 20 years, many of which we cannot even imagine today,” says Wong.

3 days ago

Zrenxy

All in Hextar Global Bhd, gonna up soon

3 days ago

Buy Iris, Kobay or Engtex as got positive momentum. We will revisit Myeg later after the Correction and Myeg Dividend &:Share Reinvestment Plan to be announced at the AGM.

Iris presently has a long green candlestick, indicating there is strong buying pressure; this typically indicates price is bullish!

For now follow EPF/KWAP to Sell Myeg on News! Don't catch a falling Durian, the sharp thorns may hurt you badly!. For those who already took profit? Remember Pestech Aerotrain contract termination? Government is good at backtracking as Pestech is currently back on Aerotrain Project in JV with IJM. Iris substantial shareholder Dato' Robin's father is TSVT who enjoys good relationship & lobby with present Govt & Royalty. Iris could also comeback into Niise Project through a JV with the successful bidder as Immigration is still using Iris Border Security Management Equipment & Systems. Arbitration with Government on quantum of compensation for Iris on Niise termination is also ongoing? Otherwise why the long delay to announce the successful bidder and why the sudden strong buying at Iris as 2nd wave of uptrend underway!
https://www.freemalaysiatoday.com/category/nation/2024/01/19/no-govt-interference-says-loke-as-pestech-back-in-aerotrain-project/

2 days ago

keepup

every day drop only. lol

2 days ago

As long as EPF/KWAP keeps on selling, IBs will support with monthly issue of Call Warrants to keep Myeg price low Also the Share dividend & Share reinvestment plan will dilute shareholder's value. Don't forget about the additional Corporation Tax that Myeg may have to pay for Zetrix token profit? Better buy Iris as got positive momentum and comes back after price correction to a more comfortable value?

keepup

every day drop only. lol

2 days ago

Zrenxy

All in Hextar Global, Next Ytlpower in making.

2 days ago

hhhiii123

unexpected dividend lol

2 days ago

Better sell on strength as Dividend & Dividend reinvestment plan by Myeg will dilute shareholder's value? Can always come back after Correction as we know how Myeg Mgt & EPF/KWAP works.
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) : OTHER ISSUE OF SECURITIES | https://www.klsescreener.com/v2/announcements/view/7199287

1 day ago

OrlandoWeb3AI

TS Wong has confirmed a couple of stuff in the agm

Wide scope

Bright future

1 day ago

Friends & Gentleman! While we wait for Myeg's future, don't forget to look at other Techstocks like Vstecs & Kobay or Water & DC stock like Engtex as money has Opportunity Cost. These stocks have rebounded from yesterday's lows while Myeg is still finding directions? We will only revisit after the Dividend & Dividend Reinvestment Plan & when IBs stops issuing monthly CW to supplement their income.

1 day ago

Tenka226

It has stopped dropping after the AGM. Good

1 day ago

Sanabeng

TP 0.91 for downtrend MyEG.

16 hours ago

sailang_now

Already reached 0.98 & Myeg becomes a penny stock once again! With no support by Bulls in sight since Godzilla already left?, will the Bears & IBs have the upper hand?...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 0.98
Verdict: Downtrend?

15 hours ago

beinvested

The Pension Funds are selling actively.
Surely, those institutional support for your business/company is good but when they decided to leave...

15 hours ago

sheldon

Whatever happened to the Zetrix hype?

14 hours ago

KaiserKazer

zetrix chain is just china business man playing within themself la

11 hours ago

stainlyho37

THETHA & HT running handsomely...watch out MYEG....!!!

10 hours ago

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3459799

MYEG become MYGG?

10 hours ago

katara

7 hours ago

choysun

Wah, today really wash out lots of weak holders. Exciting day tomorrow :p

7 hours ago

NorazmiAR

Following the signing of the 'Joint Statement of the Ministry of Finance of Malaysia and GACC on Single Window Cooperation in Cross-Border Trade' on 19 June 2024, the Company received notification letters dated 27 June 2024 from EL, on the connectivity deployment with ZTrade services for the following cross-border trade facilitation services:

Recognition of Certificate of Origin issued by the Ministry of Investment, Trade and Industry of Malaysia and GACC; and
Recognition of Phytosanitary Certificate and other product certificates issued by the Ministry of Agriculture and Food Security of Malaysia and GACC.
Accordingly, with the completion of this deployment, live connectivity of the ZTrade services to GACC’s Single Window platform is now enabled. Please refer to https://ztrade.ztradefi.com/ for more details.

Above connectivity deployment announcement is major catalyst for MYEG after years of development and R&D to commercialize the usage of Zetrix. Finally companies can start register and using the Ztrade starting with Malaysia companies and will be opening to Indonesia and other countries within this and next year. to This will be major contribution to MYEG in coming quarters result.

Anyone missing the boat to top up below 80cents back in Mar 2023, here is the chance for you to join the rally that will push MYEG to at least 1.50 - 2.00!!

4 hours ago

Tomorrow cheaper? 0.9.

2 hours ago

choysun

Cheaper? Sure or not... :p

2 hours ago