its more like gambling.........going to the casino without proper skill in bad enough..... going to the casino without proper skill AND borrowing from the ah loong to play is even worse.........

Just buy lah........ remittance to Philippine, Indonesia and Bangladesh sudah cukup makan loh

Myeg has a competitive advantage over othe companies....... they will continue to work well with the ph government...... apa u orang mahu lagi oh...?

Maybe not from myeg leh......... maybe from dnex:)

Buy.......hoooottttt..... it depends whether u see the cup half full or half empty.....

Hoottttt....... buy..... really Christmas came early

Buy..... hoootttt......

90% of retail investors loose money.....
for the newbie.... look for an active forum.... see what 90% of the people say buy or sell...... u do their opposite..... good chance u will make money.
Perfect example is hengyuan .....

not just buy......hoootttttt

this forum reminds me hengyuan forum 6 months ago........all SKL........ 90% of traders loose money

those that say its good.... they got buy...hence wants it to go up
those that say sell..... i wonder whether they want to warn fellow investors scared they loose money or they r shorting the counter?

I suggest ph take over this counter....... goreng it back up to rm3 ........ win win lol

Play your cards right........ golden opportunity

To those hard working investor....VOLATILITY on top of IRRATIONAL behaviour of shareholders present a very favourable/ profitable situation

My 2 cent opinion....I am all for open tender and non monopoly of services....... if MyEG cannot compete with the government or other start up.. then they deserve to close shop.... to those budding entrepreneurs here.... how long does it take to set up a service similar to MyEG ? It takes years...... not days, not weeks and not even a few months.

Do u all think a government department can be more efficient and cost conscious than a privately run entity? Just take a trip to jpj or immigration Department.......... MyEG will only collapse if the government cancel their contracts which I think will be bad for consumers as we want more options not less .........

Please correct me if I am wrong,
the government do not pay MyEG anything for its services ......for example its jpj services, we the Rakyat pay them in the form of a service charge. Their revenue and profit is from the service charges we the user pay them NOT the government....of course from the add on services (ie commission the insurance company pay the for every plan the sell etc).........Only the foreign worker renewal service the government pay them a fees (rm38 per person )and that is for them to not just renew the permit but also the maintain, analyse the list etc.......on top of that TS Wong said in the latest interview worse come to the worse they r willing to do it for free for the government....... hence MyEG said only 20% of its business is government based.........the COST incurred by the government in terms of the services offered by MyEG is next to nothing. It’s really a win win for the government to allow MyEG to continue.

They might allow other players to join the game but with a first mover advantage, MyEG have the upper hand

Anyhow It’s jpj services can’t be seen as a monopoly as this service is also available in other places...... ie post office , jpj counter or even insurance company website.....

P/s I do not agree with government going into business for a profit.......conflict of interest!!!

who is buying?

No more NGO selling special series number plate....... only to be sold by JPJ....... but the e-bidding platform might be myeg.

Maybe true.......

https://paultan.org/2018/05/24/govt-to-halt-sale-of-special-series-vehicle-number-plates-new-e-bidding-system-begins-january-2019/#

any stock u hold also kena

i think rating agency r going to down grade malaysia....... KLCI kau kau drop 1500

I do agree in the next 1-2 years they will find it difficult to maintain their growth rate......... unless their Philippine venture takes off big time

Aiyo even if open tender, which company can offer a better deal leh? They have even said the worse case scenario they will do it for the government for free ...I believe no startup can compete with MyEG ........ if there were, MyEG can acquire them lah ....If u think the government should do the job, what is the cost of procurement, implimentation and maintainace? how long will they take to do it ?Better to make MyEG a GLC right ?

i notice a weird announcement from EPF that they disposed shares on the 10 and 11th of May...... i thought bursa was closed....!!!

Myeg haven’t recognised any income from the GST Monitoring project........ so if status co their other services contract is until 2020. Hopefully by then their Philippine venture will get traction.....however maybe for next 1-2 years no significant growth

who can compete with myeg leh....... if open tender also no one can out tender them lah. they got economic of scale and first move advantage..... even if they loose everything in malaysia which is highly unlikely, they will only need 3 years to build up business in philippine........ what is the population of philippine and malaysia......? 3 years to go back to initital price ok mah

but TS wong said myeg can do it FREE for government woh......

I still think it’s worth a gamble........ why would they set gst to 0% but still want us to submit the accounts ? Gst will be 0 .... unless they want to tract our revenue...... then again if they don’t monitor your sales... businesses can cheat and input a much lower number. The government need all the revenue they can get after abolishing gst. Furthermore I am sure some form of contract would have be sign. They can’t or shouldn’t just cancel it without compensation or some sort. But the big kicker is their Philippine venture

i believe in free market....... why stop the fall..... some people want to buy cheap ....

myeg philippine got concession woh........ philippine market much bigger than malaysia...... will take a gamble

buy if you think BN will win the election....... if bn win after pru14 cannot get at this price......but if bn loose........ limit down kau kau

All gamblers......after being presented with facts by KC from its finanacial statement some people r still buying.......super high risk gambler

karex is the biggest condom producer in the WORLD!!!!! even topglove wants to produce condom..... up and down sure got lah........ for producer of rubber products economic of scale is their competitive advantage. slowly accumulating...... i guess the price now is about the same as ipo price

quite sad........ i wonder how many people actually made money from this HY ?..... it went from 2 to 19..... although back down but still up alot.......

6. push the share price down....... let certain people kena margin call .....kena sell off...... then no EGM loh. hehehehehe

There is a GST convention next week....... hopefully government will announces the gst monitoring project ......

http://www.theedgemarkets.com/article/growing-broadband-penetration-expected-benefit-myeg

DJ drop started last friday after US annouce better employment figures.......... this is healthy rebalancing.....

haiya ask yourself why did DJ drop so much ? they scared inflation...... the economy is doing well only inflation will go up mah....... they scared the central bank will raise interest rate too fast!!!! central bank interest rate in controlled by humans........ if the market drop too much they announce interest rate reduction again can or not? can right........ DJ drop because the economy is doing well.....WHAT!!!!!..... perfect buying opportuinity....

https://www.thestar.com.my/business/business-news/2017/12/30/potential-stocks-joining-club/

Maybe MyEG is too big in their funds d :) performance too good

Year end Big funds rebalancing their portfolio only lah..........multi-billion ringgit funds strategy different from retailers lah......... don’t worry too much

if kwsp dont kacau kacau then should go up

please ask when r they starting the GST monitoring project

GST monitoring starting end of the year....... rehiring finishing 31st dec..... typical Malaysian last minute rush for rehiring...... coming quarter result will be very good....... election not before next quarter announcement....... prepare for it to fly

25th wednesday is the AGM...... unable to attend ..... can someone please please provide a short narration....... tq tq :)

does es ceramic refurbish old glove formers or they only sell new glove formers ?

Myeg is monopolizing almost every aspect of foreign worker in Malaysia........ they r becoming indispensable to the government. Without myeg the whole system will crumble. This is what u call competitive advantage with hydrogen bomb proof MOAT........

Be patient.......... the GST monitoring trial period is expected to be finished in oct-nov. I expect some sort of announcement after that

The mother of all contract will be the GST monitoring contract......... every shop registered for GST will need to instal a dongle......... imagine the potential lah..........e-payment alone liap liap d........ no need merchant acquisition ...... compulsory !!!!! Paid by government to do it :) ( my own assumption only lah........ not sure whether the dongle includes software for e-payment )