Placement should be good on the whole as it provides funding. There may be correction then back on track, assuming the funding is used to expand the business and obtain a contract? Which new owner is likely to to do!

EmperorFund....same sources that claimed that Iraq had weapons of mass destruction? In which case we can sleep well! In any case what specific contract are you talking about?

India is of emotional and religious crap. Malaysia no need to worry about India, so what is right.

Programmed buying and selling...

It would be an excellent buy around 1.02-1.20.....

Either way Myeg will benefit. Number of contracts up for grab, existing and new. Some folks are confused as to what is what. Just renewing existing services would be sufficient to re rate MyEG!

Mabel.....you must have US Fed providing capital for you. Lucky! Capital for most people is scarce as there are competing alternatives! Alternative forgone is actual cost. Eventually share price will go up for sure...

No point investing until mafia / crook is out! Highly out of makes mockery open market

Should be investigated for share manipulation sure it contravenes listing rules and fiduciary duties....we need untouchables on board

Genting is also following the same trading pattern! Shameless individuals

Hopefully he sells 40m x 3 days and done!

He is at it again...plon....kr

Will trade 162 buy and 163 sell all day long and end up 160close of play

By the way Minetech is also behaving the same way! Same folks running riot!

Company needs to be investigated by securities commission for share dealing....these are programmed deals, automated. This apples to warrants as well! Never seen this in other markets before...not to this extent! Directors have duty to shareholders in public listed company they have not acted in good faith and not compliant with fiduciary responsibilities!

Sure all insider info...very prevalent in the market. Serba D shares are also subject internal re-engineering which pushes the boundary of market governance into dodgy territory for sure.

Looks like 100m more to sell....can be done over 3 days! The institutions were aware of this and kept on sidelines. Action may start sooner than we think before next qtr report in Aug.

I note he has plenty left to sell normally done outside market...it is not like nobody is buying it is effectively a transfer using retail money. Special transfer price should have been used that would be ethical thing to do! Lack of governance ....

45m how many more to get rid of? This is not the way to dispose large number of shares...it is criminal.

It will uptick when he reaches the point shares he wants to keep. At the moment it is drip feed down....IS the company profitable, and well managed that’s the question u have to ask? Oil price will recover sooner than we think....couple of wars will change things quickly!

Kobetheagle ...don’t worry about war....China and India will not go to war. If they do it will last few days in China’s favour, defence spending will go up so will oil go up, will create volatility and opportunity. So not all bad news.

Qtr reporting latest by 30 June. Could be earlier or aligned with contract extension update.

US airline stocks rise!

US and oil market makes a recovery, as Fed pumps more money. This should be positive news to the market today

Dow Jones and oil recover as Fed provides more liquidity

Dow Jones and oil recover as Fed provides more liquidity! Market should be positive today!

Dow Jones and oil up as Fed provides liquidity

C7 it is!

Good show of strength by MyEg, US futures are up! Hopefully market will stabilise next week

Interesting that Datasonic is replicating Myeg share price movement!

Invest in both ...different segments

All rumours Let’s deal in facts please.....and evidence

Not too sure...all assumptions and hopes

I bet there is no announcement today, perhaps later, but certainly before the drop dead date for 1st quarterly reporting of 30 June! That said I hope I am wrong!

Simple091.....correct assertion...that’s why it is in tight range...it is called manipulation. Normally shares trade in range due low volumes. Not here.

Sell what ....? Who is complaining simply laying the facts! Have you got a problem, mate?

Some folks are very shirty! Talking about brains! How do you validate that?

The elusive results that can be drafted on back of an envelope! Must be so good that it takes 3 months to draft!

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.

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.

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

1.10 good starting point to start investment cycle.

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.

Pretty pathetic, state of affairs! No corporate governance to speak about! Complete manipulation of retail customers should not be allowed list

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.

Yes, buoany Edinvestor also known as Warren Buffet!

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.

Trading in tight range that suggest intense manipulation

Dead duck

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.