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2020-11-25 08:51 | Report Abuse
（吉隆坡24日讯）MyEG（MYEG，0138，主板科技股）在2020财年第三季，净赚7074万3000令吉，或每股赚2仙。
MyEG今天向交易所报备，当季营业额写1亿3609万6000令吉。
由于将财年截至日从6月30日，更换至9月30日，因此无从比较次季业绩表现。
若按季来看，净利上扬11%或696万令吉，营业额走高9.5%或1176万令吉，主要是2019冠状病毒病健康检查、杂货的线上销售，及在线保险与路税更新服务的贡献增加。
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2020-11-25 08:50 | Report Abuse
KUALA LUMPUR (Nov 24): My EG Services Bhd (MyEG) has reported a net profit of RM70.74 million for the third quarter ended Sept 30, 2020, on revenue of RM136.09 million.
There was no comparison year-on-year numbers due to a change in the group’s financial year-end from Sept 30 to Dec 31, MyEG said in a bourse filing.
On a quarter-to-quarter basis, net profit was 12.19% higher than the RM63.06 million reported for the preceding quarter, while revenue rose 9.46% from RM124.34 million.
The group said the improved revenue and profit was due to an increase in volume from Covid-19 health screening and sale of groceries through its “Nak Beli” online store, as well as the introduction of new services including the online renewal of motorcycle insurance, road tax and competent driving licence.
For the cumulative nine-month period, MyEG posted a net profit of RM192.64 million, on revenue of RM382.17 million.
On prospects, the group said it would continue to introduce innovative services leveraging on new technology in the country and regionally in Asia, to drive its organic growth.
“Whilst this pandemic is ongoing, we are sanguine that our business is resilient and will present to us new opportunities,” it said.
MyEG’s shares price closed down two sen or 1.3% at RM1.52 today, valuing the group at RM5.32 billion. Some 13.89 million shares were traded. The stock has rebounded 90% from a low of 80 sen in March.
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2020-11-25 08:49 | Report Abuse
KUALA LUMPUR (Nov 24): My EG Services Bhd (MyEG) has reported a net profit of RM70.74 million for the third quarter ended Sept 30, 2020, on revenue of RM136.09 million.
There was no comparison year-on-year numbers due to a change in the group’s financial year-end from Sept 30 to Dec 31, MyEG said in a bourse filing.
On a quarter-to-quarter basis, net profit was 12.19% higher than the RM63.06 million reported for the preceding quarter, while revenue rose 9.46% from RM124.34 million.
The group said the improved revenue and profit was due to an increase in volume from Covid-19 health screening and sale of groceries through its “Nak Beli” online store, as well as the introduction of new services including the online renewal of motorcycle insurance, road tax and competent driving licence.
For the cumulative nine-month period, MyEG posted a net profit of RM192.64 million, on revenue of RM382.17 million.
On prospects, the group said it would continue to introduce innovative services leveraging on new technology in the country and regionally in Asia, to drive its organic growth.
“Whilst this pandemic is ongoing, we are sanguine that our business is resilient and will present to us new opportunities,” it said.
MyEG’s shares price closed down two sen or 1.3% at RM1.52 today, valuing the group at RM5.32 billion. Some 13.89 million shares were traded. The stock has rebounded 90% from a low of 80 sen in March.
Stock
2020-11-25 08:49 | Report Abuse
KUALA LUMPUR (Nov 24): My EG Services Bhd (MyEG) has reported a net profit of RM70.74 million for the third quarter ended Sept 30, 2020, on revenue of RM136.09 million.
There was no comparison year-on-year numbers due to a change in the group’s financial year-end from Sept 30 to Dec 31, MyEG said in a bourse filing.
On a quarter-to-quarter basis, net profit was 12.19% higher than the RM63.06 million reported for the preceding quarter, while revenue rose 9.46% from RM124.34 million.
The group said the improved revenue and profit was due to an increase in volume from Covid-19 health screening and sale of groceries through its “Nak Beli” online store, as well as the introduction of new services including the online renewal of motorcycle insurance, road tax and competent driving licence.
For the cumulative nine-month period, MyEG posted a net profit of RM192.64 million, on revenue of RM382.17 million.
On prospects, the group said it would continue to introduce innovative services leveraging on new technology in the country and regionally in Asia, to drive its organic growth.
“Whilst this pandemic is ongoing, we are sanguine that our business is resilient and will present to us new opportunities,” it said.
MyEG’s shares price closed down two sen or 1.3% at RM1.52 today, valuing the group at RM5.32 billion. Some 13.89 million shares were traded. The stock has rebounded 90% from a low of 80 sen in March.
Stock
2020-11-25 08:48 | Report Abuse
KUALA LUMPUR (Nov 24): My EG Services Bhd (MyEG) has reported a net profit of RM70.74 million for the third quarter ended Sept 30, 2020, on revenue of RM136.09 million.
There was no comparison year-on-year numbers due to a change in the group’s financial year-end from Sept 30 to Dec 31, MyEG said in a bourse filing.
On a quarter-to-quarter basis, net profit was 12.19% higher than the RM63.06 million reported for the preceding quarter, while revenue rose 9.46% from RM124.34 million.
The group said the improved revenue and profit was due to an increase in volume from Covid-19 health screening and sale of groceries through its “Nak Beli” online store, as well as the introduction of new services including the online renewal of motorcycle insurance, road tax and competent driving licence.
For the cumulative nine-month period, MyEG posted a net profit of RM192.64 million, on revenue of RM382.17 million.
On prospects, the group said it would continue to introduce innovative services leveraging on new technology in the country and regionally in Asia, to drive its organic growth.
“Whilst this pandemic is ongoing, we are sanguine that our business is resilient and will present to us new opportunities,” it said.
MyEG’s shares price closed down two sen or 1.3% at RM1.52 today, valuing the group at RM5.32 billion. Some 13.89 million shares were traded. The stock has rebounded 90% from a low of 80 sen in March.
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2020-11-24 21:18 | Report Abuse
acquiring and disposing vs. acquiring and cancelled are different
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2020-11-24 20:38 | Report Abuse
We happy to see MYEG break QR highest record profit
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2020-11-24 20:31 | Report Abuse
Alo he was Buy back & had cancelled....pls check Read the QR carefully
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2020-11-24 20:31 | Report Abuse
Alo he was Buy back & had cancelled....pls check Read the QR
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2020-11-24 00:01 | Report Abuse
They have raised its target price (TP) to RM3.40, from RM2.45 previously, based on a target 36 times 2021 PER, to reflect the strong near-term earnings growth prospects and their expectation of a sector re-rating.************************************************************]]]]]]]]]]]]]]]]]]]]]]]]]]]]]
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2020-11-24 00:00 | Report Abuse
KUALA LUMPUR (Nov 23): Maybank Kim Eng has upgraded Malaysia’s technology hardware sector to positive from neutral as they believe the sector will ride an imminent upcycle that appears to be heralded by positive growth of the global semiconductor industry.
In a note today, the research house’s analysts Kevin Wong and Gene Lih Lai said they adopt a positive growth outlook for the tech sector due to rollout of 5G networks, ramp-up of semiconductor components and equipment, development of sub-sectors such as Internet of Things (IoT), artificial intelligence (AI) and electric vehicles (EVs), and Industry 4.0.
“These should bode well for Outsourced Semiconductor Assembly and Test (OSATs), automatic test equipment (ATE)/automation manufacturers and electronics manufacturing services (EMS)/precision engineering companies,” they said.
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Meanwhile, the World Semiconductor Trade Statistics projected that the global semiconductor market will grow by 6.2% year-on-year to US$452 billion in 2021 while the global industry association SEMI estimated that global semiconductor manufacturing equipment sales will grow by 11% year-on-year to US$70 billion in 2021.
“This upcycle would also be driven by the rollout of 5G networks across key cities — accelerated by the growing number of 5G-enabled devices (i.e. smartphones and IoT) and high adoption rates of 5G by key countries (i.e. China, US and South Korea),” they said.
They expect semiconductor equipment component and module suppliers, OSAT companies and ATE manufacturers to be key beneficiaries of such a favourable outlook, attributed to rising supply and demand for advanced chip sets and components (i.e. sensors).
“This, in turn, would also lead to higher spending and stronger demand for semiconductor equipment,” they added.
They also anticipated growth from up-and-coming tech sub-sectors — namely IoT, EVs and AI.
“Although such sub-sectors would [be deemed] to be more niche (relative to the larger core semiconductor market), we believe there are selective opportunities for semiconductor equipment/ATE manufacturers while the booming of any tech sub-sectors would generally entail demand for components and chipsets.
“Elsewhere, we believe the progressive transition into Industry 4.0 would benefit automation companies,” they said.
While the Malaysia technology universe is trading at an average forward price-to-earnings ratio (PER) of 35 times, they think the rich valuations are justified by the potential earnings growth catalysts and upsides, in tandem with the sector’s upcycle, as well as strong domestic equity fund flows.
Inari Amertron
************[[[[[[[[[ Their top pick is Inari Amertron Bhd as they expect the company to benefit from the mass deployment of 5G networks and increasing sales of premium 5G smartphones.
They have raised its target price (TP) to RM3.40, from RM2.45 previously, based on a target 36 times 2021 PER, to reflect the strong near-term earnings growth prospects and their expectation of a sector re-rating.************************************************************]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]]
They also upgraded Globetronics Technology Bhd to buy from sell as they believed the worst will be over in FY20 and growth prospects will improve from 1HFY21 onwards.
They have increased its TP to RM3.30, from RM1.95, based on a higher re-rated 32 times FY21 PER.
Meanwhile, they downgraded Greatech Technology Bhd to hold, as they believed most of its near-term positives have been priced in at this juncture.
They, however, raised their FY21 to FY22 earnings for the group by 24% to 28% and revised up their TP to RM8.90 from RM7.20, based on an unchanged 36 times FY21 PER.
They also maintained their sell call on ViTrox Corp Bhd due to lofty valuation.
However, in tandem with their sector upgrade and their expectation of sector upcycle, they have raised their TP for the group to RM11.60, from RM8.80. The TP is based on a higher re-rated 37 times FY21 PER.
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2020-11-23 23:55 | Report Abuse
Hornbill n Lefthand both are right: will calculated start from coming Q
1) The acquisition of MTL was sealed in early August and will be contributing to the profits of the Dancomech group.
“The full impact of this will be reflected in the ****coming quarter *****and the quarters ahead
2) its 55%-owned subsidiary, Arah Edar (M) Sdn Bhd, accepted the letter of acceptance from SH Design & Build Pte Ltd for the project.Damcomech lands Jurong Port project.
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2020-11-23 23:44 | Report Abuse
In a statement today, OpenSys said the EPCC partner will design the solar system as per customers’ premises, apply for the necessary licences, procure products as well as construct, test and commission solar panels.
It said Solarvest is a well-recognised brand in the solar industry which had made its mark and built an extensive track record of solar projects across the residential, commercial and industrial as well as Large Scale Solar (LSS) segments.
OpenSys Technologies chief operating officer (COO) Luke Sebastian said since buySolar’s launch in February 2020, the firm had noted an encouraging response from both individual homeowners and organisations — making up 80% and 20% of enquiries respectively.
He said additions of prominent solar energy EPCC providers as well as financial partners would increase the competitiveness of buySolar, and benefit potential customers by providing a wider selection of options to match their needs and requirements.
“Expanding the industry player base further simplifies the process for consumers as it promotes choice and customisation in helping consumers adopt solar solutions and financing options. We want to enable every user to harness solar energy.
“Our goal is to continue making buySolar a more vibrant platform, and we aim to register 10 service providers, banking and insurance partners by December 2020, as we hope to make buySolar the leading dedicated online marketplace for solar panel and solar-related services in Malaysia.
“We are heartened to play a role in catalysing the nation’s goal of achieving the 20% renewable energy target by 2025,” he said.
Meanwhile, Solarvest group chief executive officer (CEO) Davis Chong Chun Shiong said the buySolar platform would be a catalyst for the firm to expand its market reach as it enables connections with potential customers and more solar specialists.
“We believe that it is paramount for market players to work together across the value chain to expand and elevate the domestic solar ecosystem to the next level.
“While Malaysia has been one of the thriving solar markets in Southeast Asia, there is still room for growth in meeting the government’s 20% renewable energy mix target by 2025.
“More than four million buildings with solar rooftop potential remain untapped and thousands more megawatts of renewable energy [need] to be fulfilled to reach the national target.
He added that the outlook is bright.
At 10.50am today, Opensys had shed 5.36% or three sen to 53 sen, valuing it at RM236.82 million.
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2020-11-23 23:43 | Report Abuse
KUALA LUMPUR (Nov 2): OpenSys (M) Bhd said its dedicated online solar energy platform buySolar had gained traction among industry players.
On Feb 18 this year, its subsidiary OpenSys Technologies Sdn Bhd launched buySolar, a one-stop online solar marketplace platform aimed to empower consumers with choices, to facilitate the end-user market with the services offered by key solar energy stakeholders.
OpenSys today signed a collaborative agreement with engineering, procurement, construction, and commissioning (EPCC) provider Solarvest Energy Sdn Bhd, a subsidiary of Solarvest Holdings Bhd.
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2020-11-23 23:43 | Report Abuse
Tech
OpenSys’ buySolar platform gains traction among industry players
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2020-11-20 00:08 | Report Abuse
Apex Pharma
On 14th September, the Group’s wholly owned manufacturing subsidiary Xepa-Soul Pattinson (M) Sdn Bhd secured renewal of its GMP status with the National Pharmaceutical Regulatory Authority (‘NPRA’) through a scheduled desktop audit. In the quarter, Apex Pharma Marketing Pte Ltd in Singapore increased its cold chain distribution capabilities with the expansion of its current 2-8 degrees C cold room and the acquisition of a -20 degrees C freezer room for pharmaceuticals, vaccines and biologics. Expansion of cold chain distribution capacity in Malaysia is scheduled for completion before the end of the current financial year.
Review of Year To Date Performance versus Corresponding Period Last Year
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2020-11-20 00:07 | Report Abuse
Apex Pharma
On 14th September, the Group’s wholly owned manufacturing subsidiary Xepa-Soul Pattinson (M) Sdn Bhd secured renewal of its GMP status with the National Pharmaceutical Regulatory Authority (‘NPRA’) through a scheduled desktop audit. In the quarter, Apex Pharma Marketing Pte Ltd in Singapore increased its cold chain distribution capabilities with the expansion of its current 2-8 degrees C cold room and the acquisition of a -20 degrees C freezer room for pharmaceuticals, vaccines and biologics. Expansion of cold chain distribution capacity in Malaysia is scheduled for completion before the end of the current financial year.
Review of Year To Date Performance versus Corresponding Period Last Year
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2020-11-20 00:05 | Report Abuse
Apex Pharma
On 14th September, the Group’s wholly owned manufacturing subsidiary Xepa-Soul Pattinson (M) Sdn Bhd secured renewal of its GMP status with the National Pharmaceutical Regulatory Authority (‘NPRA’) through a scheduled desktop audit. In the quarter, Apex Pharma Marketing Pte Ltd in Singapore increased its cold chain distribution capabilities with the expansion of its current 2-8 degrees C cold room and the acquisition of a -20 degrees C freezer room for pharmaceuticals, vaccines and biologics. Expansion of cold chain distribution capacity in Malaysia is scheduled for completion before the end of the current financial year.
Review of Year To Date Performance versus Corresponding Period Last Year
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2020-11-19 21:11 | Report Abuse
VS & ATAIMS > 2.20.
Tomorrow time for FPI to fly to > 2.20
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2020-11-18 22:51 | Report Abuse
LiimInvest 签署合作协议 我国优先获中国疫苗
政府宣布我国将优先获得中国研发的冠病疫苗，通过专才与知识共享，深化两国在疫苗开发的合作。
https://www.enanyang.my/node/36
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2020-11-18 22:50 | Report Abuse
LiimInvest 签署合作协议 我国优先获中国疫苗
政府宣布我国将优先获得中国研发的冠病疫苗，通过专才与知识共享，深化两国在疫苗开发的合作。
https://www.enanyang.my/node/36
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2020-11-18 22:47 | Report Abuse
签署合作协议 我国优先获中国疫苗
政府宣布我国将优先获得中国研发的冠病疫苗，通过专才与知识共享，深化两国在疫苗开发的合作。
https://www.enanyang.my/node/36
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2020-11-18 20:29 | Report Abuse
MIDF’s assumptions took into account, among others, price inflation from potential surge in demand for vaccine containers, local currency exchange rate, scalability of Pharmaniaga versus international peers, expected margin from the tender and a 50%-50% tender split with Duopharma Biotech.
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2020-11-18 20:27 | Report Abuse
，MIDF’s assumptions took into account, among others, price inflation from potential surge in demand for vaccine containers, local currency exchange rate, scalability of Pharmaniaga versus international peers, expected margin from the tender and a 50%-50% tender split with Duopharma Biotech.
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2020-11-18 19:41 | Report Abuse
签署合作协议 我国优先获中国疫苗
政府宣布我国将优先获得中国研发的冠病疫苗，通过专才与知识共享，深化两国在疫苗开发的合作。
https://www.enanyang.my/node/366903
Stock
2020-11-18 19:40 | Report Abuse
签署合作协议 我国优先获中国疫苗
政府宣布我国将优先获得中国研发的冠病疫苗，通过专才与知识共享，深化两国在疫苗开发的合作。
https://www.enanyang.my/node/366903
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2020-11-10 10:55 | Report Abuse
Over stock of mask & doing promotion on 11/11
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2020-11-09 14:32 | Report Abuse
QES子公司将接管尼康在大马的工业计量业务 - http://www.theedgemarkets.com/article/qes子公司将接管尼康在大马的工业计量业务 (Share from StockHunter)
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Stock: [DSONIC]: DATASONIC GROUP BERHAD
2020-11-25 08:51 | Report Abuse
（吉隆坡24日讯）MyEG（MYEG，0138，主板科技股）在2020财年第三季，净赚7074万3000令吉，或每股赚2仙。
MyEG今天向交易所报备，当季营业额写1亿3609万6000令吉。
由于将财年截至日从6月30日，更换至9月30日，因此无从比较次季业绩表现。
若按季来看，净利上扬11%或696万令吉，营业额走高9.5%或1176万令吉，主要是2019冠状病毒病健康检查、杂货的线上销售，及在线保险与路税更新服务的贡献增加。