MY E.G. SERVICES BHD
KLSE (MYR): MYEG (0138)
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Last Price
1.06
Today's Change
+0.02 (1.92%)
Day's Change
1.05 - 1.10
Trading Volume
38,036,200
IPO Info
File Name: MYEG-Cover (783KB).pdf Download
Discussions
66 people like this. Showing 50 of 66,367 comments
Overseas revenue first recorded in Q result, form more half of Msia revenue. These maiden oversea revenue likely refer to Ztrade cross border which already in pilot operation now.
Cash boost up by RM 450m more than sukuk draw RM 300m, sending MYEG cash hoard to RM 540m.
The sukuk draw RM300m for capex to develop foreign hostel in Penang, Selangor and johor.
14 hours ago
Myeg still reserve RM 300m worth of zetrix since last year without remeasumnent to reflect open market price
14 hours ago
Msia now in great need for foreign worker for many coming infrastructure work, data center,semiconductor industry etc. It is right timing for myeg to develop more foreign hostel center meet global standard criteria for recurring income foward.
14 hours ago
KUALA LUMPUR: MY E.G. Services Bhd's (MYEG) net profit rose 47.09 per cent to RM155.83 million in the first quarter (Q1) ended March 31, 2024 from RM105.94 million a year ago on contribution from its Zetrix blockchain platform services and sale of Zetrix tokens.
The company's revenue rose 34.49 per cent to RM232.96 million in Q1 2024 from RM173.22 million last year.
"The increased was primarily due to revenue derived from the sale of Zetrix tokens," it said in a filing today.
No dividends were paid during the current financial quarter under review.
On its prospects, MYEG said for the financial year ending December 31, 2024 (FY24), it expects to continue introducing innovative services by leveraging on new technologies, specifically blockchain or Web 3.0 in Malaysia as well as globally, to drive its organic growth for FY24.
With its Layer 1 blockchain platform namely Zetrix coming online, MYEG continues to commercialise innovative services as Web 3.0 becomes widely adopted.
"Furthermore, Zetrix has also been integrated with China's national blockchain platform, namely "Xing Huo" which will allow ease of cross border trade to take place and it will be the company's foray into the global market. "Barring any unforeseen circumstances, the board is cautiously optimistic that the long-term outlook for MYEG remains positive as we continue to introduce innovative services in Malaysia as well as globally," it added. Ends
13 hours ago
Myeg command the most attractive profit margin above 65%, and more importantly these extraordinary profit margin is sustainable and almost TAX FREE due to most revenue derive from cloud omputing and advance blockchain technology which gov keen to grant tax incentives to myeg
13 hours ago
@speakup
Share price above RM1, limit up and limit down is 30%.
Share price below RM1, limit up and limit down is 30 sen.
13 hours ago
Myeg now is growth technology based stock, the EPS growth is propel through commercialize blockchain technology
13 hours ago
PE should be above PE 50x laa, this is super growth stock...
EPS one year 10sen x 60 = RM6.00 :D
(Note: Technology Index's PE now = 53)
13 hours ago
May the dream come true ~ ~
Tomorrow 1.04 x 1.3 = RM1.35.
31-5-2024 Friday 1.35 x 1.3 = RM1.75.
3-6-2024 Monday Bursa Holiday.
4-6-2024 Tuesday price freeze at RM1.75.
5-6-2024 Wednesday continue 1.75 x 1.3 = RM2.27 ;D
13 hours ago
Currently, ztrade is only at pilot operating, it have yet to expand to other Asean countries. Once fully operate and cover all Asean countries, myeg profit drive from cross border fee in RMB currency will growth exponentially
13 hours ago
Shareholders aside can enjoy growing EPS forward, myeg is also generous to increase dividend in accord to EPS growth.
In additional, once myeg big capex on newly develop foreign hostel operating, more sustainable profit will add on to EPS growth forward.
13 hours ago
Myeg unlike other tech stock such as MPI, UNISEM, INARI, in hardware technology, correlate with Nasdaq, trade at skyrocket premium valuation 30x to 50x.
Myeg is more on software technology, commercial blockchain platform for global trader to expedite cross border trading
12 hours ago
2024-05-29
Insider
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 3,335,300 shares on 28-May-2024.
2024-05-28
Insider
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 10,000,000 shares on 27-May-2024.
2024-05-27
Insider
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 12,000,000 shares on 24-May-2024.
2024-05-27
Insider
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 1,728,500 shares on 24-May-2024.
2024-05-24
Insider
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) disposed 8,000,000 shares on 23-May-2024.
2024-05-24
Insider
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 738,300 shares on 23-May-2024.
2024-05-23
Insider
Notice of ceasing to be substantial holder - EMPLOYEES PROVIDENT FUND BOARD on 17-May-2024.
12 hours ago
KWP like EPF, keen to dispose shares in open market, but, KWP external fund manager on contradict keen to acquire myeg share in open market albeit at smaller volume.
11 hours ago
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6 hours ago
Just on GET SET stage overseas revenue already so much
Imagine MYEG at GO
2 hours ago
https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20240...
Total Net Short Position.
29-5-2024 = 0.
Short Traders have closed their positions.
46 minutes ago
morning all myeg believer..
since paktua old posting was removed..
paktua share back paktua position here..
paktua was hold since rm0.775..
and decided to hold till higher can myeg can be..
limit barrier set at rm0.93 if break rm0.935..
paktua will exit at rm0.93.
tut tut
as long above rm0.93 paktua will stand hold.
29 minutes ago
High overseas income is in line with foreign funds snapping up MYEG
STRONG SUPPORT 💪
20 minutes ago
when everyone is hoooha-ing here, epf is selling. this counter is stuck :D
20 minutes ago
Morning Pak! Hope your prediction doesn't comes true? But as long as Local funds & IBs are still in control there won't be much upside as TS Wong's hands are tied due to substantial borrowings, anyway he is still getting his dues from dividend & dividend reinvestment plan which will dilute Myeg share price? Better sell on strength and try your luck elsewhere due to opportunity costs? Just my 2 sens...tut tut
paktua73
morning all myeg believer..
since paktua old posting was removed..
paktua share back paktua position here..
paktua was hold since rm0.775..
and decided to hold till higher can myeg can be..
limit barrier set at rm0.93 if break rm0.935..
paktua will exit at rm0.93.
tut tut
as long above rm0.93 paktua will stand hold.
6 minutes ago
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Tenka226
Will close above RM1 for sure 😆
2 days ago