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11 hours ago | Report Abuse
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.
1 month ago | Report Abuse
Tryingtogetrich. You may refer to the quarter report section - A8—segmental Information.
1 month ago | Report Abuse
I agree that the result of Q4 will be stronger, but I don't agree with the number of token sales, because I found that the total of supply tokens is not directly equal to the sale of tokens. If the 200 million in token sales is true, I believe that MYEG's profit will be multi-million in every quarter and not just around a million. Besides, I saw on the circulating supply, whitepaper and the schedule of Zetrix, that they mentioned that the total supply is not just coming from private or public sales.
https://support.coinmarketcap.com/hc/en-us/articles/360043396252-Supply-Circulating-Total-Max-
https://docs.zetrix.com/zetrix-whitepaper/
1 month ago | Report Abuse
These are very normal quarter results. There was no huge growth for its Zetrix service, especially since ZTrade launched. Zetrix's revenue went from RM82.765 million in Q2 to RM84 million this quarter.
This quarter PAT has a one-time gain from HTPADU. After being excluded, the PAT in this quarter amounted to RM170.36 Million, compared to RM165.34 Million in Q2.
1 month ago | Report Abuse
fair2play, how do you know about the private sale of a million tokens in Q3? As the Zetrix whitepaper announcement states, the huge volume of digital assets (Tokens) has been released from the core team and community incentives, not from private sales. Don't tell me that just the circulating supply of September minus the supply of June.
Can you share we me how you know that the million sales of tokens in Q3? Thank you.
Stock: [MYEG]: MY E.G. SERVICES BHD
2 hours ago | Report Abuse
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.