Myeg cstm is not monopoly, is a risky bet by myeg, is either they get 0 or rm1000 for tax collection if they can collect accumulated averaging 10pc increase in taxes for the next 6 years, if they didnt manage to increase tax collection, rm1000 will be gone, but most likely it wont, as gst tracking would be able to expose alot of lubang and leakages in tax, it is a win win situation for myeg and the government, it is a plan by myeg, not a services implemented by the government

Just hold and buy more, this counter will surely hit beyond RM2.20 in 2 months time

Hold, beyond RM1.50 if things are good, cant reveal much here yet

Will fly pass RM1.40 within 7 days, mark my word

yea, lets wait at RM2.73 tomorrow, the support previously, don't miss this chance to catch the rebound

Told you guys, big surge will come, this is just 10% of the real show

CSTM phase 1 will be launched end of the month or next month, so within 6 months, if everything is positive, expect Phase 2 to be announced, Phase 2 will start in 2016, MYEG - cash cow business, except one thing, not sure which politician is behind this, now UMNO is dividend into Mahathir and Najib's gang already, i believed MYEG is "owned" by related parties of jibby, some turbulence is expected as so many negative news on jibby and myeg recently

Haha, let them sell man, Custom tax monitoring system phase 2 is 500,000 shops, imagine that is implemented, that will bring RM500m revenue per year to MYEG! and RM250M profit fOR MYEG! With RM400m profit x 21 = RM8.1b market cap! still got 150% upside! this is the big elephant that you must catch!

Is not about MYEG cutting them off, is the government realised that, employing runners are not efficient, setting up counters to do this is irrelevant, government already announced that employers will no longer be charged RM38 for MYEG services, LOL

Pavilion u sure what are u talking or not, myeg has been getting more than 20k application for fwpr per week, one application revenue is rm100 inclusive of insurance, employers now coulld not use runners, i would say buy on weakness

Most of the services provided by myeg is not monopoly, just that there are no competitors in these business, this minister really bs

I copied your name? Haha

Cstm 2 will be very intwresting, while foreign workers permit application is surging now, and with such a defensive business with good growth, 20x is justifiable, who dont use roadtax when recession? Who dont buy and sell cars during recession? Who dont hire foreign workers when recession? Maybe more, cut cost, myeg business will not be impacted much during recession just like nestle, rm3.20 is just a timing issue, guess the operator is waiting for some call warrants to expire

Next level will come very soon haha, lets rock

Ifca starts to rally on april 1 which calvin advises ppl to sell on news, in fact this is the start of buy on rumour, q1 ended 31 march, might be some insider who already knew what ifca profit is for q1, orion is right easily 12-15m profit, gonna be rerated

Ignore all the silly comments, lets ride to 1.50 this month

Calvin tan - the frog living in the well, haha, let ifca prove to him again next month, he is really an empty shell

Why want to sell when Q1 will be much stronger, and upcoming M&A news will be announced soon, main board transfer to be announced soon, and upcoming SAAS launching. Funds will come back and grab IFCA after April, and RM1.50 will be the next base, if you have more funds, could buy on weakness

Accumulation is going on, buy and accumulate more

Be patient hopefully within 30 days

Tomorrow will be the best time to collect for next surge, myeg surely a beneficiary for gst, and gst accouting software and roadsafety kit have not been factored in, a defensive busienss like myeg should not be ignored

Agree, maybe pe at 8x will do, need more information to cover this in my blog, 32 plus 40cents still got 70pc upside

Cash 32 cents, should be trading at minimum 50cents

The thing is still opened does not matter, now government requires employer himself to present at the counter instead of using runners, so if you have to go yourself, do you think paying 0 to MYEG is now better or drive yourself to go to the counter and queue and have all the hassel doing that? take this opportunity to buy on weakness

This is weird

According to Sin Chew, now government will waive the RM38 fees for employers who go through MYEG, so everyone will use MYEG now, this is actually good news for MYEG, why people sell down? Government will compensate RM38 to MYEG somemore, free money to MYEG

Thanks guy, it might form a good hammer today at 20ma, hahaha

I love how some people are panicking here, time to take advantage of this =)

Ok, is time, reiterate buy

tonnes of catalysts for ifca

(i) SAAS - havent pumped in
(ii) Better Q1 2015
(iii) Main Market transfer
(iv) M&A

The time is nowww

Salcon will shoot up to the roof like opcom soon

Healthy correction, can try to accumulate today

40pc dividend policy! So good!

From technical point of view, Sumatec has broken its resistance form 24c, possible rally to 28-30c, and to collapse back to 21 cents is highly unlikely cause that is HALIM SAAD's buying price, alot of punters will be waiting at that price to buy

Maybe more corporate exercise will be done due to the collapse of oil price, and now sumatec can buy those assets at cheaper price, only my 2 cents

30 cents should be achievable

Monday should be coming

1. Diviend of 3cnt
2. The electric fencing - potential contract close to RM500M TO RM1B
3. WARISAN MERDEKA - CONTRACT MORE THAN RM1B
4. Kajang Land appreciation - or sale?

more info refer to my previous write up n Seacera

http://klgemseeker.blogspot.com/

Party has started

Tomorrow expected move - down 2-3cents, then climb back up, green and break 40 and go higher, after that i duno what will happen

Looks like the rumour of Mokzaini joining Yinson is true, moving damn fast now

Do you guys think mokzaini will join YINSON?

Looks like pretty weak today

Write a comment.., more to come

so fast? RM1.50? wtf, tomorrow 30cents is RM1.2 LA! anyway buy at your own risk man

Spot on calvintaneng, OPCOM might really limit up when they got the contract

Heard OPCOM might get contract for fibre optic cable from government for the implementation of HBB2 for TM ON UNIFI, may be RM600-800m, crazy price is up

Strong rebound, c8 - 4.5 soon

Name

Yap Kok Weng



Address

No. 36, Jalan Setia Tropika U13/20B,
Setia Eco Park, Seksyen U13,
40170 Shah Alam,
Selangor Darul Ehsan.



NRIC/Passport No/Company No.

610530-08-6197



Nationality/Country of incorporation

Malaysian



Descriptions (Class & nominal value)

Ordinary shares of RM0.05 each



Name & address of registered holder

Yap Kok Weng
No. 36, Jalan Setia Tropika U13/20B,
Setia Eco Park, Seksyen U13,
40170 Shah Alam,
Selangor Darul Ehsan.


HLIB Nominees (Tempatan) Sdn Bhd
Level 10, 1 First Avenue,
Bandar Utama,
47800 Petaling Jaya,
Selangor Darul Ehsan.


Details of changes

Currency: Malaysian Ringgit (MYR)



Type of transaction

Date of change


No of securities


Price Transacted (RM)



Acquired

04/03/2015


10,710,000

32 cents should be very much achievable

Next phase will start soon, now we are talking about 1.60 to 2 bucks, guys, hold it on and lets ride! If saas turns out to be successful, even a 10pc market share will propel ifca towards 2.10 , if 20pc market share you can see it double, ifca has 50 over percent market share now haha, imagine that

Confirmed, will be announced after AGM

Heard from people who attended, 40% finalised, not sure they will announce or not, cheers