MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

1.00

Today's Change

+0.015 (1.52%)

Day's Change

0.97 - 1.02

Trading Volume

42,308,400


66 people like this.

66,266 comment(s). Last comment by paktua73 23 minutes ago

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

$1,$2......?

$2 then I considered the action - sell or don't sell...

So, wait

Gentingbig

125 posts

Posted by Gentingbig > 1 week ago | Report Abuse

guys can share this myeg any news as friend ask me to buy this morning but am hesitating . can shed some light here also the TP?

Coleman77

38 posts

Posted by Coleman77 > 1 week ago | Report Abuse

wating 1.00

James_Bond

2,482 posts

Posted by James_Bond > 1 week ago | Report Abuse

When you r happy with the profits, just take the profits… haha…

James_Bond

2,482 posts

Posted by James_Bond > 1 week ago | Report Abuse

Brave warriors will fight till the last blood… I m not that brace though, looking at how myeg performance in the past…

Tenka226

69 posts

Posted by Tenka226 > 1 week ago | Report Abuse

MYEG is MVP stock today 😎

James_Bond

2,482 posts

Posted by James_Bond > 1 week ago | Report Abuse

We hv abalone and lobster dinner just now… Finishing off a dozen of carlsberg beers along with close neighbours… cheers!

bullpiano

190 posts

Posted by bullpiano > 1 week ago | Report Abuse

sailang_now

For laggards do take some profit on Monday before lunch, I would not be surprised if CIMB try to pressdown to at least below 0.85 to avoid paying on their 150M, O.85 exercise price Call Warrants on 30/4. For Macquarie Bank, their job is much harder? Need to press down to below 0.80 to avoid paying on their 90M, O.80 exercise price call warrants, expiry also on 30/4. Anyway serves them right for pressing down Myeg for so long already for their own profit. You gain some and lose some, is part of a banker's job. For those who sold already... Congratulations! let's enjoy the weekend and have some double premium abalone dinner...tut tu
****************************************************************************
Sifu Sailang_now
I thought that IB need to do hedging for the warrants they issued. Furthermore, I thought that trading would end 5 days before the due date of warrants . Pls correct me if I'm wrong.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 1 week ago | Report Abuse

Risks and Opportunities of MYEG
(as shared in the annual report)

Technology related risks
Non-renewal of e-Government services
Cybersecurity risks
Reduced consumer demand risks
Talent retention
Business strategy
Law and Legislation
Litigation

xiaoeh

2,236 posts

Posted by xiaoeh > 1 week ago | Report Abuse

good sharing Mr Sailang

sheldon

1,386 posts

Posted by sheldon > 1 week ago | Report Abuse

The elephant in the room which nobody's asking is WHY the steep rise?

limch

2,958 posts

Posted by limch > 1 week ago | Report Abuse

BJ Corp 29 sen sudah kena ask, MyEg no need? SC double standard?

Gentingbig

125 posts

Posted by Gentingbig > 1 week ago | Report Abuse

thank you yah as indeed my informer who must have know the due date just buy in the morning and sell in the afternoon. one day show

sugerdad

85 posts

Posted by sugerdad > 1 week ago | Report Abuse

如果是w的事情就不会起啦。
每個月都那么多w到期。
应该有东西要发生。有人的電話線比較粗总是收到更多消息

Posted by marlboroman2 > 1 week ago | Report Abuse

When a good value growth stock don't go up in price so many people complain, then when it finally seems to move up people start to wonder why.

sugerdad

85 posts

Posted by sugerdad > 1 week ago | Report Abuse

也许zetrix前景很好又可以在香港上市。如果被政府看上就米桶了

keepup

86 posts

Posted by keepup > 1 week ago | Report Abuse

hope is not 1 day show. myeg always 1 day show. just monitor on Monday if any big selling just run first.

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

The loser will complaints the stock going up
The winner will ride on the big wave to reap the most..

Back to fundamental, zetrix is the crown of Myeg for the next 5 years..
Development has been done with few hundred mils pumping...

Now is to cash into the account for selling zetrix coin....

So, this is so called Atm machine keep printing money...

Example: $5x4.8x1mils coin= $24mils in to the pocket per QR

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

But, I am not so sure selling at cost price $5 or market price $18.52

So, if $18.52 will be x4. 8x1mils coins = $88 mils ringgit into pocket per QR

Anyone can help on this?

Daim88

36 posts

Posted by Daim88 > 1 week ago | Report Abuse

Euphoria before the storm...

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Myeg Zetrix first IEO only issue 1 million coin at USD 5. Current zetrix coin issue already accumulated to142m coin at latest price USD 18.5, give rise to total market capital USD 2.64 billion (RM 11.9billion) about 1.7x higher than current Myege entire market capital now at merely RM 6.91billion

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Myeg will continue monetize zetrix coin based on market price as long as market price is above IEO price

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

However, not all zetrix coin are issue by myeg. Zetrix coin also issue to public purchaser, reward blocks based on network activity, zetrix team management, community incentives such as marketing compaign and allocation dedicated to ecosystem fund to both support the block chain infrastructure.

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Myeg as zetrix founder entitle 250m coin allocation. But, myeg allocation will increase if zetrix coin enlarge coin issuance from 1 bil to maximim 2.1 billion coin later. The initial allocation 250m coin is to allow myeg for fundraising purpose ad setup of validator nodes

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Also take note, myeg initial allocation 250m zetrix coin have 3.5year vesting period

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Based on zetrix ownership structure

10% zetrix coin is available for public to purchase
25% zetrix is allocate to myeg
20% zetrix is allocate to zetrix team
15% zetrix is allocate as zetrix community incentive
30% zetrix is allocate to zetrix ecosystem fund to support blockchain

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Based on myeg last Q result, myeg have initial record RM300m worth of zetrix coin (under digital assets)

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Digital asset
Q123 69, 000
Q223 78,000
Q323 33,068,000
Q423 301,761,000

YES! DIGITAL ASSET IS GROWING IN YEAR 23

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Exponential growth..

smartly

6,390 posts

Posted by smartly > 1 week ago | Report Abuse

laughing all d way to d bank

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Hng33,
The allocation of 250mn coins means myeg has 250mn coins to sell 250mils coins X 4.8x18 = $21.6B ringgit in 3 years if successful selling to investors?

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

MYEG potential $21.6B ringgit in 3 years?
May need sifu Hng33 clarification..
This information looks excited to me

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

No wonder got so many youngster driving Ferrari in KL like no need work one??

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Yes, based on zetrix white paper, myeg allocation is 250m coin with 3.5 year vesting period.

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

However, not all 250m if sell at USD 18.5 translate into net profit. Myeg do incur cost to develop zetrix blockchain infrastructure

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Aside myeg as founder and developer get allocation 250m coin entitlement, on daily basis, myeg also get reward zetrix coin from daily validator nodes maintenance and reward zetrix coin base on network activities across zetrix blockchain platform such as upcoming cross border trading activities etc

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Hosei lo..
Zetrix coin from $5 rises to $18. 5 in few months after launching with potential $21.60B ringgits....

If crazy zetrix coins raise to USD100. 00 end 2024, what the hell is happening in myeg?

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Cryptocurrency Via Initial Exchange Offering
MyEG Services Bhd's blockchain developer Zetrix is launching an initial exchange offering (IEO) on cryptocurrency exchange Coinstore from Oct 18 to 26. Zetrix tokens ZTX will be listed on Coinstore on Oct 28, as well as two other cryptocurrency exchanges MEXC and BitForex

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

…supporting robust coin sales. We understand that Zetrix’s IEO on Coinbase’s platform
in 3Q23 has been a success, with the over 1m Zetrix coins issued fully subscribed by >1,000
investors. In 4Q23, over 2m units of Zetrix coins were issued, translating into lucrative
proceeds for MYEG from the coins’ issuance and sales of nodes. We estimate that 2023
token sales achieved about 6.5m Zetrix coin

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Zetrix coin price will be influenced by maiden upcoming cross border trade to begin next month in conjunction to China - Malaysia anniversary celebrations. Zetrix coin real world functionality is greatly enhance if more and more countries adpot zetrix blockchain platform for cross border trading activities

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Zetrix ieo launch oct23, within 1.5 mons estimated coins sold - 6.5mils zetrix coin..

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Yes, next topic ztrade cross border trade to discuss will be much more exciting...

Let's the readers have the basic understand of Zetrix coin including me

hng33

19,851 posts

Posted by hng33 > 1 week ago | Report Abuse

Take note, myeg will not sell all it's 250m coin allocations to reap one off profit even after 3.5 year vesting period. Myeg likely will retain significant stake in zetrix ownership. These is because aside selling outright it's stake, myeg do rewarded on daily basis as validator nodes for zetrix maintenance and network activity.

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Agreed! It is valuable digital asset for myeg..must hold like country reserves..
If like bitcoin rise to usd69k then Ahwong can't not sleep because no more coins:)

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

How do crypto creators make money?
Reserves and Pre-mining. Before releasing a cryptocurrency to the general public, some creators reserve a percentage of the total coin supply for themselves. This pre-mined sum may be used to finance development, pay for running expenses, or be sold on exchanges to make money.4 Oct 2023

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

1. Changpeng Zhao
Net worth: $33 billion (vs. $10.5 billion) | Source of wealth: Binance
Zhao, who goes by CZ, agreed to personally pay $200 million in fines last year to settle federal money laundering charges brought by the Department of Justice and the Commodity Futures Trading Commission. (Binance agreed to pay an additional $4.5 billion.) He also agreed to step down as CEO of crypto exchange Binance and is barred from involvement with Binance for three years as part of his guilty plea. (Zhao’s sentencing hearing is scheduled for April 30). Yet it hardly left a dent in his fortune. His stake in Binance—estimated to be 90%, based on corporate documents and conversations with former employees—is worth some $32.5 billion.

Binance remains the largest crypto exchange in the world by trading volume, generating an estimated $9 billion of revenue last year, according to Forbes’ analysis. To estimate Binance’s market value, Forbes applied the price-to-sales multiple of Coinbase, a publicly traded peer, then applied further discounts to account for Binance’s concentrated ownership, the possibility of further regulatory enforcement and key-man risks following CZ’s departure

pang72

47,834 posts

Posted by pang72 > 1 week ago | Report Abuse

Hopefully myeg digital asset ETF successful launch in Hong Kong Exchange then be next 0.01% RICH as of Zhao Changpeng, Binance CEO

Unfair

515 posts

Posted by Unfair > 1 week ago | Report Abuse

Zetrik is old news why MyEg only move yesterday?

Posted by Tryingtogetrich > 1 week ago | Report Abuse

Look up wordcoin …… promoter of worldcoin had a meeting with our PMX. People speculate MyEG will benefit

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