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2020-06-09 11:27 | Report Abuse
Some folks are very shirty! Talking about brains! How do you validate that?
2020-06-09 10:35 | Report Abuse
The elusive results that can be drafted on back of an envelope! Must be so good that it takes 3 months to draft!
2020-06-06 10:39 | Report Abuse
The big selling caused by owner but still managed to go up a bit. Good sign and oil price is expired to strength in the fall further.....so it is good to go.
2020-06-06 10:35 | Report Abuse
Stressedeserts thanks for loading presentation by MyEg, hosted by itrade CIMB. Very informative and well presented by Ben. Take aways are that MYEG are confident the Concession contract and sub contracts would be renewed and there is no re-tendering taking place. Therefore very likely the contract would be renewed for at least 3 years. Waiting for govt to revert back. This should be put in MYEG financial page. Also useful on current business situation and offshore initiatives.
2020-06-05 19:32 | Report Abuse
The bad thing is there is no defence or explanation from the management! Must be sleeping or busy investing in rubber shares. We have had suspension for no reason,various announcements but no update on contract. In contrast see Aiar Asia made announcement straightaway about possible funding or share placement. As investors communications is important. Let see
2020-06-05 15:49 | Report Abuse
1.10 good starting point to start investment cycle.
2020-06-05 15:49 | Report Abuse
Louise4 very broad statement saying Middle East investors will come because it is shariah compliant.....you do t know...there many other very viable options.
2020-06-05 14:00 | Report Abuse
Pretty pathetic, state of affairs! No corporate governance to speak about! Complete manipulation of retail customers should not be allowed list
2020-06-05 13:56 | Report Abuse
Keep buying on weakness suggests capital is not scare! Alternatives forgone! It will come good one day but when? It’s revenue stream has not changed yet its peak was 3 years ago? Does not make sense other than obvious.
2020-06-04 12:54 | Report Abuse
Yes, buoany Edinvestor also known as Warren Buffet!
2020-06-04 11:48 | Report Abuse
Going to into banking does not make sense. Why do you think you can do better than the banks?in developed markets fools entered banking sector and lost. Banks think they can do insurance and insurance companies think they can do banking. Both made a hash of it! Why? Because they are specialist businesses. For example how are you raise funds to lend? Attract depositors easy or you go on whole sale market to raise funds even this is not profitable. Then you have to have underwriting risk! Credit rating and so forth! That’s why you need sound governance which only comes when you don’t have initial owners owning majority of shares...there is check and balances, sorry to sound pessimistic, but that is the reality. Sure share may go to 1.50 but rationale is no longer there if a significant contract is lost.
2020-06-04 09:26 | Report Abuse
Trading in tight range that suggest intense manipulation
2020-06-03 20:39 | Report Abuse
Vignesh sir, all good in theory...unfortunately theory is not always true! My preference is mastering core activities and not get side tracked in all kind of things ....the markets don’t like too much diversification difficult to value and manage.
2020-06-03 20:08 | Report Abuse
Very poor marketing of company’s outstanding fundamentals
2020-06-03 20:06 | Report Abuse
Another update form MyEg setting up of medical subsidiary! Another bit of useless information when investors need quarterly results with evidence of progress on offshore initiatives and status of contract being negotiated. That’s how you keep your investors updated.
2020-06-03 16:22 | Report Abuse
Diversification can be killer because the argument is that young don’t think you can make money from core business ...that is one argument and possible cover for loss of contract or reduced fees
2020-06-03 16:21 | Report Abuse
This stock is set up nicely for short selling. It is a trading stock and not investment stock for sure
2020-06-03 16:18 | Report Abuse
All other stocks even air Asia who are mostly not in operation is rising! Why? Myeg particularly is subject to manipulating by a group connected to?
2020-06-03 16:17 | Report Abuse
Sure quarter results can’t be much to talk about hence holding back on announcement whilst manipulating movement for sure.
2020-06-03 16:15 | Report Abuse
Invest 89...nobody is applying trading y directors in closed period! Check out myeg for starters and many more! Flouting then rules
2020-06-03 10:59 | Report Abuse
Same old holding pattern. Good buy below 130. Results should have been released before all this additional announcements! I am still wondering why that suspension was made 2 weeks back?
2020-06-02 19:24 | Report Abuse
Using MCO as an excuse not publish quarterly numbers is height of incompetence and fraud! These numbers are no audited u like half year and full year numbers that take little bit more effort! Can be done on back of cigarette packet!
2020-06-02 11:00 | Report Abuse
Expecting a hit first quarter due to additional expenses from diversification. Hopefully the results are clear and shown income growth from services other than concessionary. Important to get the results and contract sorted out soon, otherwise more uncertainties
2020-06-01 15:08 | Report Abuse
Interesting that of all those companies who have opted to delay reporting, are the sectors who may not do too well, automobiles, property, construction, building materials and technology. Those who have reported on time without extension, guess?Rubber! Make your own conclusion.
2020-06-01 14:51 | Report Abuse
Another favourite trick is dealing suspension! Has anybody worked out why stock was suspended the entire day 2 weeks back....for no reason. The update meant nothing and served no useful purpose other create more uncertainty.
2020-06-01 14:49 | Report Abuse
The usual cycle, promote, drop and manipulate.....poor investor communication by the management who are part of this scheme...involving thier inner circle.....it is rampant. For example no clear information or update on material matters such as status of significant contracts and financial information such as quarterly reports. Dates come on go and no update, usual speculation. That said money can be made from gambling!
2020-06-01 14:45 | Report Abuse
Malaysian stock market is full of inside dealers, who manipulate market unlike any other market I have been involved in. This makes investing on fundamentals very difficult. Poor retail investors are in the crosshairs! Market like this short selling should not be allowed at all! Compared to others markets, foreign investors are mostly absent for this reason.
2020-05-30 10:14 | Report Abuse
I am not expecting great 1qtr results, unless there is material contribution from offshore ventures. Qtr result may be lower than expectations due to one off costs from offshore investment and lower activity in Malaysia. The focus must be on longer term prospects which is securing contract and generating robust offshore revenue going forward. Best to manage expectations and focus on medium term
2020-05-29 22:43 | Report Abuse
Extension relates to annual report and not quarterly results!
2020-05-29 16:44 | Report Abuse
Poseidon80 is 31 May, official date set by Myeg or is it suggested by investor.com portal which would suggest they did not check 31 May is a non business day as they simply had end of month.
2020-05-29 16:19 | Report Abuse
Btw when contracts are terminated there is usually notice period to serve, subject to contract, it could be 3 months or longer. You can’t just pull out.
2020-05-29 16:14 | Report Abuse
How confident are we the results published today? There is no factual evidence that suggests today? Also the my eg investor calendar not give a date for quarterly results...pretty poor!
2020-05-28 09:32 | Report Abuse
Newages00 Your assumption is a rationale one. However investment is not always based on rationale. Contracts are not renewed for 2 reasons, either the service provider can’t meet SLA and is incompetent or the fees are too high. As far as I know none of these apply to Myeg! What is left is for other reasons, namely, handouts. As retailer investors you are at the mercy of these guys, sometimes you will get it right and sometimes wrong.....but never based on sound business reasons.
2020-05-27 20:14 | Report Abuse
All this speculation really should not be happening. Company has duty to its shareholders and general market to keep them updated if material information on pending contract is circulating. Particularly if management company and significant owners are privy to insider information which they are using to conduct share dealing at the expense of retail customers. This patently is happening albeit retail customers can’t see who the culprits are until close of market. This is very poor governance and oversight by the regulators. No wonder foreign investors are reluctant to enter the market, unless they also have access to insider information. This repetitive behaviour is nothing short of fraudulent activity by Myeg and it’s management. Very unethical!
2020-05-25 10:42 | Report Abuse
Vanbasten you are being presumptuous and assuming countries like Nigeria! What do you know of Nigeria! You will be eating your words! Nigerians are better than in football for starters than your name suggests!
2020-05-22 16:44 | Report Abuse
It looks like myeg has lost the contract. I still can’t get it why the shares have been suspended for such a period, you suspend announce and open up, unless it was leaked! It would be insider dealing of large scale of Datsonic has got contract without announcement and suspect soon, large dealing by proprietors in these circumstances is misuse of I for insider information in developed markets would be open litigation
2020-05-08 19:20 | Report Abuse
Newplayer286.....you must be dumb, why link sales to Raya and prayers! We all know the demand for the gloves has come mostly from western world as well as some Asian countries.if sales were linked to Malaysia the price of glove manufacturing companies would not go up as much! Atheist
2020-01-19 00:14 | Report Abuse
Stock market...money is everything for cowards and pigs. Kashmir is not an internal matter, by the way!
2020-01-19 00:12 | Report Abuse
Aristocrat By the way Kashmir is nit an internal issue. Be a coward and not raise injustice. We know what type of person u are!
2019-05-17 09:46 | Report Abuse
Very unlikely 70 sen, given that AA had a chance to give higher special dividend earlier and did not and secondly, they have to fund share by back...can’t do both! I suspect the dividend will be in region of 20-40, max.
2019-02-20 20:21 | Report Abuse
Whether they win or not it does not matter, the issue is that both the regulator and the airport authority are not working for the benefit of Malaysia....they need to see the wider picture and what AA is trying to achieve. It should be seen as win win situation, and not treated as political or personality problem. Need to work in cohesion for Malaysia. That’s what western companies and some eastern companies and governments work towards a common goal. Remember AA is the best in the world in what it does. There is no equivalent in Europe, US, India, China.
2019-02-15 19:40 | Report Abuse
Cimb and their analyst must be investigated, there is something fishy in all this. In particular the warrant issuers must be investigated to ensure their is total independence between the warrant and subsequent recommendations nearing maturity dates. I can clearly see a trend
2019-02-14 20:41 | Report Abuse
Saham4U me no compres! Understand?
2019-02-14 20:39 | Report Abuse
Seriously if this Raymind guy is fit and proper, he would firstly need to explain the outperformance of the AA share price since his initial assessment and target price...i.e explain the mismatch.
2019-02-14 16:31 | Report Abuse
Key metrics used by normal educated analyst does not result in AA share being values at 1.82, what genious formula or metrics is he using, please enlighten!, any calls? I am keen to understand having worked in the industry in UK.
2019-02-14 16:18 | Report Abuse
CIMB research analyst is a dick head from what I can see. Is he educated or uses the dart board to come out with his recommendations? Shameful, really. CIMB should be embarrassed employing such folks.
Stock: [MYEG]: MY E.G. SERVICES BHD
2020-06-09 12:30 | Report Abuse
Sell what ....? Who is complaining simply laying the facts! Have you got a problem, mate?