MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.96

Today's Change

+0.005 (0.52%)

Day's Change

0.955 - 0.975

Trading Volume

35,665,700

Details of Changes
Securities After Change
Transactions
Ann. Date Name Details of Changes Securities After Changes
Date Type No. of Shares Price Direct (%) Indirect (%) Total (%)
Discussions
68 people like this. Showing 50 of 67,067 comments

paktua73

base on last lower=rm0.865(T-14 cycle)
RP projection set at rm0.86
RP+ve
RP+80=rm0.90
RP+120=rm0.92
RP+180=rm0.95
RP+240=rm0.98
RP+300=rm1.01
now myeg pass critical barrier RP+180..
and touched RP+240..
ini show good sign for next rally hopefully this week
we can see again above rm1.00..


tut tut
hopefully can break RP+240 this week

2024-09-19 14:56

paktua73

Paktua pick myeg base on Zetrix

like hng33 was postings good info regarding Zetrix

this ringkasan yang paktua dapat kupaskan..

Zetrix Coin by MyEG
- Zetrix is a blockchain initiative launched by MyEG, focusing on creating a layer-1.
- Public blockchain that offers interoperability with China's national blockchain initiative, the Blockchain Service Network (BSN).
- Zetrix is designed to facilitate cross-border trade and transactions, offering solutions for identity verification, smart contracts, and other decentralized services.

Key Features of Zetrix:-

1. Cross-Border Interoperability:
- It integrates with BSN to allow seamless connectivity between businesses in China and other countries.

2. Enterprise-Focused:
- Zetrix aims to enable enterprises to adopt blockchain solutions more efficiently.

3. Real-World Utility:
- The project targets use cases like supply chain management, digital assets, and trade documentation.

Impact of Trump's Tariff War on Zetrix in 2025:

-Trump’s trade policies have historically emphasized tariffs and protectionism, which can disrupt global trade patterns.
- In 2025, the impact on Zetrix's growth could depend on several factors: -

1. Increased Demand for Blockchain in Trade:
- Tariffs and trade restrictions may encourage businesses to seek efficient cross-border solutions like Zetrix for transparency and cost reduction.

2. Partnership with China:
- If MyEG maintains its partnership with BSN, Zetrix could thrive as it serves as a bridge between countries, especially during trade uncertainties.

3. Adoption Challenges:
- Escalated tariffs could lead to economic slowdowns, potentially limiting businesses' budgets for blockchain integration.

- Overall, Zetrix's growth in 2025 will likely depend on its ability to provide practical solutions for businesses navigating the complexities of global trade amidst geopolitical tensions.
- Its role in trade facilitation could be significant in such an environment.


tut tut
with focus investor now more to crypto from BtC, Altscoin to Memecoins
whit more exposure on crypto exchange ..
paktua jangka myeg will has good rally on 2025.

1 month ago

ImCK

zetrix already using for beauty election imagine if country election using zetrix as solution https://www.zetrix.com/zetrix-blockchain-to-include-global-citizens-votes-in-beauty-pageant/

1 month ago

paktua73

MYEG
RP projection base on T-14 cycles..

base 0n 29hb Nov 24 lower at rm0.865:
- T-14 count from 27hb nov but lower on T-14..
is on 29hb Nov 24 at rm0.865..
for RP+ve paktua set at rm0.86.

RP+ve
base on lower at rm0.86

RP+80=rm0.90
RP+120=rm0.92
RP+180=rm0.95
RP+240=rm0.98
RP+300=rm1.01
RP+460=rm1.09
RP+600=rm1.16
RP+760=rm1.24
RP+900=rm1.31

RP-ve
base on Higher today(16hb Dec 24)at rm0.98

RP-80=rm0.94
RP-120=rm0.92
RP-180=rm0.89
RP-240=rm0.86
RP-300=rm0.83

T-14 RP Formula
RP+ve :
- need find lowers position in T-14 Range cycle

RP-ve :
- need find higher position on last T-14 days cycle

tut tut
if still sustain on RP+180(RP+ve Projection)..
then MYEG will test RP+240 again.
if break RP+180 then will back on RP-180(on RP-ve projection)

1 month ago

ignissimia

I made a calculation error in the projected EPS2024 used in my posting yesterday which I have deleted bcos of the mistake. It should be 9.519 (not 11), derived as following:

1Q to 3Q Earnings + 4Q Estimated Earnings = 516.304m + 210m = 726.304m
726.304m ÷ 7630m = 0.09519
12 × 0.09519 = 1.142, ie. RM1.14

Below the corrected posting...
If the market starts to accept MYEG as a growth stock, then conservatively with an undemanding PE of 12 and projected EPS2024 of 9.519, the price should be ~1.14. Both these 2 metrics will continue to be revised upwards if and as results maintain their rising trajectory. If TS Wong's reading of the future is on the mark, then we are sitting on a goldmine.

1 month ago

paktua73

morning..
alert yer myeg already break RP+180 yesterday..
if today cannot back above rm0.96 then red will arrive


tut tut
alert at RP-80 if break we see again below rm0.90

1 month ago

mf

Dow Jones

Dow Jones Industrial Average

42,805.71

-644.19

1.48%

Nasdaq

NASDAQ Composite

19,610.47

-498.59

2.47%

2024-02-02 21:13

CarolineTeoh

MYEG retraces together with Bitcoin price 😏

1 month ago

flytothemoon

go for ytl already earn 17%, myeg still a mygg,lol

1 month ago

U1818

According to MIDF Fund Flow Report on 23-12-2024, MYEG was the stock with the highest weekly net inflow from foreign investors.
Summary:
Nov 2024 - Net Inflow
Dec 2024 Week #1 - Net Inflow
Dec 2024 Week #2 - Net Inflow
Dec 2024 Week #3 - Net Inflow

4 weeks ago

CarolineTeoh

Blackrock is buying ?

4 weeks ago

Collin Soo

@U1818, but the price cannot move up north? Hope it can perform in Y2025.

4 weeks ago

U1818

https://medium.com/@zetrix.official/applying-blockchain-to-halal-traceability-b99320bd833a

Applying Blockchain to Halal Traceability
Halal traceability has been a key concern for consumers, businesses and regulators in the modern era, as it ensures all products meet the required halal standards throughout the entire supply chain. With blockchain’s transparency, security and decentralised nature, it’s able to provide an effective solution for improving halal traceability.

3 weeks ago

Invest23

CycleX had partnered with MYEG to launch the Real World Application (RWA) Fund. But the details are too limited.

Besides, don't expect too much from the HK Crypto ETF. The previous quarter briefing already mentioned that HK Sec/Gov doesn't want to be the first launch of a mixed crypto ETF since they want to wait for the US to innovate it. Don't expect too much on the HK Crypto ETF since the market is not friendly for crypto ETFs at this moment. You may research the transaction volume, charging fees, and ETF Size.

3 weeks ago

alex88

I am confused why is TS Wong selling if biz so good?

3 weeks ago

Invest23

alex88, this is a very good question. Mr Wong Thean Soon and his private company Asia International total sold around 130 million shares after this year's August. In this year, Mr Wong reduced 80 million of shares from his direct and indirect.

There may be several reasons such as:
- Stock pledge
- Being overvalued
- Poor result for the next few quarters
- Poor outlook and guidance

I guess it is due to the stock pledge.

3 weeks ago

speakup

TS Wong know something u and i dont.

3 weeks ago

flytothemoon

myeg suddenly disappeared from net short position company already, cant find their name

3 weeks ago

ignissimia

It's stocks pledged to financier

3 weeks ago

CarolineTeoh

One belt one road part 2

3 weeks ago

Eagle77

SUPERMAX TP BY JANUARY 2025 : 2.00 - 2.50 ✅ before Trump sworn in as president 😆🚀🚀🚀

3 weeks ago

U1818

https://www.marc.com.my/rating-announcements/marc-ratings-affirms-myegs-aa-is-rating-2/

MARC Rating Report dated 23-12-2204:

MYEG also derives rental income from its foreign worker hostels. Currently, it has a hostel in Selangor and another in Melaka, housing 400 foreign workers each. MYEG also has four upcoming hostel projects, two in Selangor (Sungai Buloh – 1,500 pax), (Rawang – 1,500 pax), one each in Johor (Tanjung Langsat – 8,000 pax) and Penang (Batu Kawan – 8,000 pax). Cumulatively, this segment is expected to contribute around RM56.0 million p.a. to revenue upon commercialisation in FY2026.

2 weeks ago

hng33

add more myeg at 98.5sen

2 weeks ago

U1818

MIDF Fund Flow Report dated 6-1-2025: Foreign investors bought a net RM105.2mil of MYEG in December 2024.

2 weeks ago

CarolineTeoh

Mr Wong is no longer a major shareholder in Cuscupi and will buy more Myeg 😁😁

https://theedgemalaysia.com/node/739794

2 weeks ago

hng33

USD strength to RM 4.52, good for myeg zetrix which is denominated in USD

2 weeks ago

hng33

Najib wins royal addendum appeal, closer to house arrest
https://www.malaysiakini.com/news/730825

2 weeks ago

izoklse

Bye bye PMX. Muafakat Nasional 2.0 (BN + PAS) are coming.

2 weeks ago

alex88

What is going on. Push up a bit then sell down. Repeated so often. Someone rolling over the margin or slowly selling off?
KWAP also sold some after recent buys. I am confused

2 weeks ago

CarolineTeoh

No need to be confused. They are rebalancing their portfolio

2 weeks ago

flytothemoon

this stock only can buy at low, when up then sell, and go for other stock easier

1 week ago

BarrettTeo

Share price less than 90 cents is an opportunity 😉

1 week ago

icecool

@flytothemoon correct, syndicate control the price don't let it go up hard to play. Hope syndicate stop controlling the price so easier for anchovies to play.

1 week ago

luckyman

https://theedgemalaysia.com/node/740299
Malaysia’s IT services segment stands resilient, bolstered by diversification and technological innovation. MyEG Services Bhd (KL:MYEG) is leveraging blockchain technology for global expansion, particularly through its integration with China’s Xing Huo national blockchain platform.

1 week ago

CarolineTeoh

Ah Wong is one of the syndicate? 😁

1 week ago

U1818

https://www.youtube.com/watch?v=V3QSFEmbQO8

最多马股分析师看好的2025股票排行榜!居然缺少了这个公司?!【谈股论今239,下集】

1 week ago

U1818

https://www.youtube.com/watch?v=xJPPSnDsx14

2025 一定要关注的 3 家公司!严重被低估的优质公司

1 week ago

ignissimia

Interview: Bringing Web3 to forefront, now rather than later
By Kiran Jacob / The Edge Malaysia
24 Jun 2024, 12:00 am

“Many silos will be built on blockchain over the next 20 years, many of which we cannot even imagine today.” - Wong (Photo by MyEG)

This article first appeared in Digital Edge, The Edge Malaysia Weekly on June 24, 2024 - June 30, 2024


https://theedgemalaysia.com/node/716300

1 week ago

OrlandoWeb3AI

Engage your core

Sailang the C

1 week ago

U1818

https://www.sinchew.com.my/?p=6220318

(阿布扎比14日讯)政府正着手制定一项关于数字金融的政策,以承认加密货币和区块链技术在马来西亚的使用。

6 days ago

luckyman

https://klse.i3investor.com/web/pricetarget/research/73347
It's pretty much to look like a sure win though the target price of RM1.14 may represent an upside of approx. 20% only. Just have to wait for its Q4 result coming with a dividend...

4 days ago

ivanlau

Conservative calculation : forward eps 9 x 15pe, the fair value will be rm 1.35, today closing 0.94, think about that..................

4 days ago

U1818

Ignore analyst reports that make random guesses.

MIDF's report dated 3-1-2022 PER 20.9.
MIDF's report dated 21-11-2024 PER 11.7.

When profits are increasing every quarter, government contracts are being renewed, Zetrix is ​​contributing more and more profits, the e-driving test has been approved, and dormitories for foreign workers are being built, and the prospects are becoming brighter and brighter with healthier cash flow .... analysts do not raise the valuation but lower it by 50% instead. Haha ~ ~

4 days ago

OrlandoWeb3AI

Starting with the Digital First Strategy Shift last June, the aim is to push for the adoption of government technology (GovTech) and digital transformation of the public sector, focusing on five ministries – education, health, transport, agriculture and food security, as well as tourism, arts and culture.

Currently, over 90% of government services are online. However, with GovTech, more simplified features will be available to users.

GovTech rollout

The GovTech initiative is expected to be rolled out this month, following the launch of the National Artificial Intelligence Office (Naio) in December. GovTech will be integrated with AI and large language models.

One of the key developments under GovTech is the Hansard Parliament Portal, which uses AI to provide open access to parliamentary information for both lawmakers and the public.

Other upcoming developments are the Malaysia Design System (MyDS), MyGov Malaysia, AskMyGov, GoGov and SiaranGovMy.

MyDS seeks to standardise government digital interfaces to ensure uniformity in user experience, while integrated mobile application MyGov Malaysia will serve as a single platform for key government services, with seamless integration with the National Digital Identity system.

AskMyGov will function as a central portal for public inquiries and a comprehensive repository for frequently asked questions.

GoGov, is a secure link-shortening service for government content, and SiaranGovMy is a central resource for official government announcements and press releases.

3 days ago

U1818

https://www.zetrix.com/cyclex-partners-with-zetrix-to-launch-the-cyclex-zetrix-tokenized-fund-cztf/

CycleX Partners with Zetrix to Launch the CycleX Zetrix Tokenized Fund ($CZTF)

United States, 16 January 2025 – In a groundbreaking collaboration, CycleX, a leading platform for tokenized investment opportunities, has announced the upcoming launch of the CycleX Zetrix Tokenized Fund ($CZTF). This innovative fund, backed by $ZETRIX as one of its core assets, represents a significant step forward in bridging blockchain technology with traditional and digital asset investments. It also marks the beginning of a promising long-term partnership, with this being the first phase of the launch.

About the Fund
The $CZTF will issue tokenized investment units as ERC1400 tokens on the Ethereum blockchain, ensuring transparency, security, and efficiency for all investors. With a total fund size of USD 1.5 million divided into 10,000 units, each priced at USD 150, the fund offers a unique blend of Real-World Assets (RWA) and crypto assets to deliver optimal returns.

Key Details:
Launch Date: 16th January 2025

1 day ago

CarolineTeoh

Go Trump. Tomorrow RM1?

1 day ago

ignissimia

How is the $CZTF going to make money? Sounds like a kacang puteh fund with USD1.5 million.

4 hours ago

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