MY E.G. SERVICES BHD
KLSE (MYR): MYEG (0138)
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Last Price
1.04
Today's Change
+0.01 (0.97%)
Day's Change
1.01 - 1.05
Trading Volume
44,791,400
IPO Info
File Name: MYEG-ApplicationProcedures (1MB).pdf Download
Discussions
66 people like this. Showing 50 of 66,349 comments
Reconsider GST implementation, urges Johor MB
https://www.thestar.com.my/news/nation/2024/05/20/reconsider-gst-implementation-urges-johor-mb
6 days ago
EPF amd KWP so desperate to limit myeg momentum with intention wish to keep contra trading....
6 days ago
GST is fairness tax system as it apply to all consumer and easiest tax system for efficient tax collection and monitoring
6 days ago
MyEG previously awarded GST monitor system for 6 year, but stop later after PH terminate GST implementation. Under GST system monitoring, Myeg provide the device and software services that will link up to the point-of-sales terminals and cash registers for the system
6 days ago
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.
12 hours ago
Myeg still reserve RM 300m worth of zetrix since last year without remeasumnent to reflect open market price
12 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.
11 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
11 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
11 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.
11 hours ago
Myeg now is growth technology based stock, the EPS growth is propel through commercialize blockchain technology
10 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)
10 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
10 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
10 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.
10 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
10 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.
9 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.
8 hours ago
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