@Garrison8 Conglate you of making "so much profit" in Bitcoin. However, this is a public forum for MYEG. You may promote in other relvant Bitcoin forum on your success. Thanks for understanding.

@hng33 Thanks so much !

@U1818 Thanks......Can I assume the RM247mil was part of the RM1 bil ? And it merely "no cost" loh.....If u assume so, then the company actually loss in operation without the sales of RM247mil ! PAT of 321mil - digital asset of RM247 mil = LOSS RM74mil.....And this RM247 mil is 52% of the Group turnover in 1H oh.......Correct me if I am wrong !

@EnginerringProfit : YES. Let's dig further a bit. Its PBT / PAT margin hit 67% with ROE of 25%. We may assume its profit margin of 50% (on assumption the company still enjoying tax free or pioneer status). ROE of 20% is fair. Cashflow wise has been stable , Cashflow from operation was RM383 mil (1H PAT was RM324 mil). It show the company profit is "real cash" - not funny funny on some "non-cash profit". The only concern was the "proceed from digital asset" of RM247 mil. I am wondering will this number sustaibale ? Will this "sales of digital asset" of RM247 mil was formed part of the turnover of RM475 mil ? If YES, then we really need to think twice again. I am not sure how does this "digital asset" was recorded in "Sales" and "profit"....IF this "digital asset" has no cost, then it is purely "profit" with 100% profit margin ! Can somebody expert help to enlighten this part for me ? I really dont know.......

Let's do some math. its 1H2024 EPS recorded 4.3sen. We expect full FY2024 EPS to hit 9 sen. Compare to its current price of 90sen, its PE only 10x. donwside risk is very limited as compare to its potentail upside. Let's you yourself tell me what is its upside !

https://klse.i3investor.com/web/blog/detail/dailypulse/2024-08-13-story-h-154278627-Some_catching_up_to_do_for_Catcha_Digital_to_surpass_previous_60_sen_hi

Why Bursa still not give green light to lift the PN17 ? Somebody please highlight to Bursa. Thanks

Will out from "jail" (PN17) anytime now. Better buy now before limit up

Watch out for results announcement today or tomorrow. More excitment ahead

No divident + Callenges = SELL

Who will be attending the AGM this Thur (25/4) ? Please share. thanks...

@TheAlphaTrader Your dream is coming
https://klse.i3investor.com/web/blog/detail/thealphatrader/2023-12-08-story-h-213181011-AWC_BHD_7579_A_STOCK_WITH_POSITIVE_DIVERGENCE

Drop so much ? time to fly back .....

https://theedgemalaysia.com/node/688765

Think about, it looks like all man in the street also know givernment will allow to increase price. do you still think there are any meat for late comers ?

looks like the real wolf is coming this time

Game over. Bye

It is TODAY !!!

Bro, it is not old news. It is additional confirmed acquisition.
https://ceomorningbrief.theedgemalaysia.com/article/2023/0649/Home/15/685398

What u are trying to tell the MSM shareholders here ?

Let's do some maths. We just take management guidande of RM10mil PBT this year, and after excluding those one-off corporate expenses (it was recorded at some RM5 mil in 1H2023), we can derive a PBT of RM15mil or PAT of RM12mil in FY2024. Given enlarged share capital of 350mil now, its estimated EPS would be 3.43sen. Let's take PE valuation of 15x (mirror with MYEG), we could justify its fair value of RM0.51. Again, if you look from balance sheet strength (which is not meaningfull in tech stock), it PB is 3.46x (NA of RM0.13 vs market price of RM0.45), which to me, still "ok".
In conclude, current share price is rather "fair" and potentail upside be beyond FY2024 where its profit could be growing another 50% toward RM20mil, then its valuation could jump toward RM0.86! (potentail more than 90% gain from current value of RM0.45)

Wintogether, I guess both of you and Speakup are the same connected person. Same to you too.

Speakup, please dont be so naive and make yourself fool here.

it comes finally....

Declared 11 sen dividend

Unconfirmed source : it is some other big planter is buying up the BPlant stake at RM1.20 from LTAT & Boustead. It is not privatisation deal. So, Still can speculate at current price

https://klse.i3investor.com/web/staticfile/view/502777

"We still like Bermaz Auto, as we expect its sales volume to grow by 11% YoY in FY24 (Apr), driven by: i) Lower Mazda CX-30 prices, thanks to its local assembly; and ii) volume growth for Kia and Peugeot, from a low base. We also like its 9% FY24 yield, and think it may close 4Q23 (results scheduled for 12 Jun) with a special dividend." (Source : RHB Research on 2/6)

Bauto will release its quarterly result on 12Jun, expect another special dividend too

bulk purchase only can get discount. 80sen is coming

Buy on rumours SELL on fact ! Bye Bye my Star

refer to Warran Buffett's advise.....

According to CIMB research today (18/4), it affirms its target price of RM0.86... A MAX upgrade. The report also hints "A potential re-rating catalyst is privatisations in the media sector boosting interest in Astro" ! Collect now before too late

Its CASH PER SHARE already hit 50sen. With its NTA of 90sen + most of its properties are bought inlong long time ago and witout any revaluation. Privatisation is the best move to gain the most. With current share price of < 50sen, it will sure move toward its NTA of 90sen anytime soon

Time to "Salute" it !

anohter TopGlove pattern ?

It is almost certain that BAUTO can repeat its 3Q results in the coming final quarter, due to the 6-mth back log order. Let's play some math, its 3Q report a PAT of RM87mil or EPS of 7.5sen, Accumulated 3Q results already hit RM203mil or EPS of 17.47sen. So, its full year profit could easily hit RM290mil or EPS of 25sen. If u factor in PE 10x only value at RM2.50 or RM3 if u value at PE12x. Dont forget mgt has indicated to declared much higher dividend in 4th quarter. Conclusion : still attractive at current level

Anybody attend the AGM next week ?

https://www.freemalaysiatoday.com/category/highlight/2023/03/10/astro-dismisses-privatisation-speculation-amid-stock-rally/

The below news enough to "kill" the share price
https://www.furnituretoday.com/industry-news/vietnams-wood-furniture-exports-plunge-34/

https://whytoocare-y2k.blogspot.com/

https://www.thestar.com.my/business/business-news/2023/01/30/shopee-to-increase-investments-in-malaysia

Honestly, if just analyse from the impact from the JPJ road tax / driving license issues, I don'y see any fundamental / financial impact to MYEG. In fact, the road tax "delivery" services are actually a "loss making" segment in MYEG !
Of course, sentimental may be affected from speculating that all gov services will be "taken out". But again, MYEG future growth is on the blockchain and overseas business. Its bunisess is rather diversified now. I merely comment on its business / fundamental perceptive.
Assume my above point stands, the plunge in share price is a "de-valuation" process to a more reasonable level. Let's play some maths. Assume its quarterly EPS of 1sen, which translates to 4sen per year (exclude those 1 off gain and be more conservative), its current PE valuation is about 15x, which is fair (or even low) under current market condition.

the next issue to shot will be.......JPJ !

air kosong pun tak ada

Never too late t.o buy now !

this should be a good news : https://www.theedgemarkets.com/node/653330

Time to re-look this counter. Despite rather challenging outlook, I believe the share prices had reflected the low valuation. Any major correction is unlikely. Poh Huat managed to record another historical quarterly (and yearly) sales and profits in its latest 4th quarter reports. Cash and short term investments per share has achieved more than 90sen (take note : the company has no bank borrowings; lease liabilities are merely meaningless accounting entries). However, i really can't quantity its upside as general furniture industry valuation remain low.

If we read through major research report commanding on Bauto target price, it range from RM2.05 to RM2.80. (TA: 2.05; CIMB:2.80; AM: 2.25; HL:RM2.35; Ken:2.65; Rakuten:2.65; RHB:2.55; PBB: 2.65). So, exclude the highest and lowest target price, the average is RM2.44, with average PE of 13x. Assuming a consistent 13sen per year, yield is attractive at 5.9%.

Just do a simple calculation. Given the 1H EPS of 9.97 sen, we assume full year of 20sen moving into FY2023 / 2024. At PE of 15x will have target of RM3.00

Source : https://klse.i3investor.com/web/blog/detail/taresearch/2022-11-25-story-h-304759599-Supercomnet_Technologies_Berhad_Growth_Mostly_Intact

Refer my earlier comments on 23/11, TA research share the similar profit outlook for this year, reporting a profit of RM37mil (Vs TA of RM38.2mil). Moving forward, the profit is expect to DOUBLE from RM25mil in FY21 to RM53.7mil in FY23 (vs my own forecast of RM60mil). Given our current stake of economic of increasing inflationary trend together with risk of technical recession world-wide, SCOMNET is a company that you cannot ignore if you are looking for growing stock. (However, it is NOT for dividend yield investor)
Further, I believe its transfer to Main Board should be completed by Jan next year. By then, many institutions will be grapping this stock. Currently, we get to know that Pheim has started to grab the stock. Others will follow soon by end of Jan next year.
Moving forward in FY23, the growth catalysts are new mass production of IHS; Auto segment will grow by 60% from its Peugeot's fuel tanks and wire harness; the completion expansion of its factory size (by additional 990 sq m).
If you are looking beyond FY2023, then we should expect the raw material disruption should be minimal and the further factory expansion (take 3 years to complete) to increase its floor space by 2400 sq meter). Last and not least, they are looking for more M&A activities. It was not disclosed specifically, but my guess should be its automotive segment in EV where it requires lots of special type of wire. Other future new product launching could be too early to comment.....Its new products include Plass Rescue Occluder (pending FDA approval), Hemodialysis-Vascular-Catheters, AMBU GI SCOPE.