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1 day ago | Report Abuse
The expected increase in revenue is expected to be small in the near term but the group is expecting it to grow substantially in the coming 1-2 years
1 day ago | Report Abuse
JCY have standby 50% under utilization plant, therefore, if clinch new client, it can immediately boost up production next year 2025, mimic just Notion, diversified from just HDD into automotive and EMS
1 day ago | Report Abuse
Penang set to build 10 more hotels
GEORGE TOWN: Penang is set to see 10 new hotels with 4,000 rooms over the next few years as the state continues to attract more tourists, says Chief Minister Chow Kon Yeow.
Chow does not think there will be any issue of an oversupply of hotels in the state.
“In fact, when international conferences or conventions are held, there is often a shortage of hotel rooms. There is definitely room for more hotels to accommodate the increasing number of visitors and tourists to Penang,” he said yesterday.
Chow said this after witnessing the signing ceremony between MTT Hospitality, a division of the MTT Group of Companies and Pan Pacific Hotels Group to transform Evergreen Laurel Hotel into Gurney Bay Hotel, a Parkroyal partner hotel.
1 day ago | Report Abuse
Notion did hedge currency, with USD weakness, notion incur forex loss RM 1.1m in Q3 result, cumulative forex loss for 3 Q is about RM 1.2m. Next Q result may incur higher forex loss, may at RM 2m to RM 3m, but is common practice for export business and such heghe forex loss only impact small % of company earning
1 day ago | Report Abuse
Notion loss making EPS, market give low Notion share price, BUT
Notion turnaround EPS and continue growing positive EPS, market should peg fair price for Notion
1 day ago | Report Abuse
Market cannot simply compare notion share price before and after earning successfully turnaround
1 day ago | Report Abuse
Notion have good diversified business and earning is growing, and strong cash flow and in net cash position
1 day ago | Report Abuse
cut at 90-91sen, disappointed good result still unable to recover price
1 day ago | Report Abuse
Fundamentally, Notion is fully supported by NTA 80sen and Net cash position with EPS growth
2 days ago | Report Abuse
Net cash + NTA 80sen offer good support floor now to notion
3 days ago | Report Abuse
MIDF Research foresees that Zetrix could potentially take over the overall income from e-government services, which is currently the core earnings contributor in MyEG.
"At the current rate, we view that there is a high chance that earnings from Zetrix would take over the overall income from e-government services," it said
3 days ago | Report Abuse
Although YTLP earnings surprised boosted by one off fair gain from acquition Ranhill, but, it will be great relief for YTLp share to rebound tomorrow
3 days ago | Report Abuse
Surprised YTLP recognised one off fair value gain from RANHILL, more than RM200m one off recorded under investment segment
3 days ago | Report Abuse
The reduction in egg control price as announced on 17 June 2024 shall impact product margin whilst the recent strengthening of the Ringgit shall ease production costs
3 days ago | Report Abuse
YTLP coming result will consolidate account Ranhill result which will increase YTL billion debt but only record increase few million profit
3 days ago | Report Abuse
股价或在短期内继续盘整及回落到3.51至3.66令吉的支撑位置.
https://klse.i3investor.com/web/blog/detail/nanyang_stock_expert/2024-08-21-story-h-154068911
3 days ago | Report Abuse
Very slim profit margin of just 5%. Next Q will even significantly impact by further weakness in USD - negative earning growth forward
3 days ago | Report Abuse
BIMB forecasts MyEG to post core net profit of RM625.4 million in FY2024 versus consensus estimate of RM591 million, and RM667.4 million in FY2025 and RM718.8 million in FY2026. This translates into earnings per share of 8.4 sen in FY2024, 9 sen in FY2025 and 9.7 sen in FY2026 and based on a five-year average forward price-earnings ratio of 16 times.
2024 EPS 8.4sen = RM 1.35 + 30% dividend payout
2025 EPS 9.0sen = RM 1.44 +30% dividend payout
2026 EPS 9.7sen = RM 1.55 + 30% dividend payout
3 days ago | Report Abuse
MY E.G. SERVICES BERHAD- 23RD ANNUAL GENERAL MEETING webcast
https://www.youtube.com/watch?v=KxL65Y28X3A
3 days ago | Report Abuse
YTLPOWR YTL POWER 今早大跌,可以去接刀吗?全面个股分析与分享如何去操作 跌破这条线要逃命!
https://www.youtube.com/watch?v=B2W_UkV230w
3 days ago | Report Abuse
Q1. The company has capitalized the
Development Cost as Non-Current Asset
and it is astonishingly high at RM1.34B.
Will this Development Cost be amortised
as expenses following the launching of
blockchain services?
A1: A total of 1 billion Zetrix tokens have been
minted. The amortisation of the development
costs shall be recognised upon every sale of
Zetrix tokens and the amount recognised
shall be in proportion to the percentage of
tokens sold out of the total minted. As the
development costs represent the costs
incurred to develop the blockchain, which in
turn enabled the tokens to be minted, revenue
from the sale of tokens shall therefore be
offset by the corresponding cost of
development of the Zetrix blockchain
platform. As at 31 December 2023, we have
amortised approximately 1% of the
development cost, in proportion to the
number of Zetrix token sold out of the total
amount minted
3 days ago | Report Abuse
Q1: Under Page 169 in the balance sheet,
total development cost is 1.2bil, how
much is development cost on Zetrix?
A1: The development cost for Zetrix constitute
approximately 70% of total development
cost.
3 days ago | Report Abuse
Q1: May we know the assets/tokens in MYEG's digital asset holdings?
A1: As per the Slide Presentation shared during
the AGM, the digital assets are proceeds
arising from the sale of Zetrix tokens as well
as the purchases of other digital assets to roll
out applications in the Zetrix blockchain
platform. The composition of the digital
assets held by the Group include USD
stablecoin.
4 days ago | Report Abuse
Myeg profit margin is keep increasing yearly from about 40% in 2020, to last year 60% and now further increase to current 68%
4 days ago | Report Abuse
As far as I know among bursa listed companies, only myeg business model can command such extraordinary profit margin and yet can enjoy super lowest tax,give rise to BEST scenarios "Pretax profit" almost equal to "net profit"
4 days ago | Report Abuse
Very high profit margin above 65%, super low tax due to incentive for its business model adopt advance blockchain technology and cloud computing
Very strong cash flow to support myeg many new development cost to expand ztrade from Msia to ultimate entire 10 Asean counties and eventual to entire 15 RCEP countries in future
Such promising business model and high profit margin with tax incentive will propelled myeg to continue steady earning growth
4 days ago | Report Abuse
Next quarter will have another new contribution, Ztrade, cross border fee kick start just last month july
4 days ago | Report Abuse
i) contribution from services from our Zetrix blockchain platform such as ZCert and Digital ID
registration and transaction; and
ii) contribution from the sale of Zetrix tokens
4 days ago | Report Abuse
Q2 deliver another awesome earning growth EPS 2.2sen and another interim dividend declared 0.25sen
4 days ago | Report Abuse
Expect PBA to deliver more than 10sen EPS in coming Q2 result
4 days ago | Report Abuse
PBA to record maiden domestic traffic hike of more than 100% in upcoming Q result. Due to bi monthly water bill, these maiden water traffic hike monly will be reflected in Q2. Domestic water bill account for more than 60% total PBA water revenue
In additional 7sen/m3 also will start bill as electricity cost pass through for both domestic and non domestic, allowing PBA to fully pass through electricity cost to customer
4 days ago | Report Abuse
Q1: Is data centre benefited MYEG’s blockchain business in coming years?
A1: Data centers serve as the critical physical infrastructure that underpins the operations of digital businesses. This necessity extends to MYEG's blockchain business, where reliable data storage and processing are essential for smooth functioning.
A surplus of data centers in Malaysia could translate into lower operational costs for MYEG's blockchain business. Increased competition among data center providers could drive down service fees, creating a cost-effective environment for MYEG
4 days ago | Report Abuse
Beware of many conversion share, enlarge share volume, dilute earning and pound sterling weakness will impact E&O UK earning
4 days ago | Report Abuse
Caution on mushrooming data center in Msia. Increased competition among data center providers could drive down service fees, creating a cost-effective environment for offtaker. These is evident by many rush to build Data center, but eventual offtake is lacking to commit long term lease as market is flush with many new Data center coming.
YTLP already completed 48ME hyperscale data center customize for SEA, but, SEA is very slow to commit lease payment with only staggering on yearly 8MW. Another multibillion Ai data center 100MW with Navida also is lacking of offtaker, with first 20MW still under prolong time to secure offtaker.
In additional YTLP 2year locked in super low gas price during pandemic time in Singapore also at tail end. earning return back to Normalize level.
The real big offtaker like Amazon, Microsoft, Titkok are building own data center instead of lease Msia data center provider
4 days ago | Report Abuse
sold back lagenda at 1.31-1.32
5 days ago | Report Abuse
No cross no crown, Every dog have its day. Be patient while enjoying dividend income first before myeg real earning growth kick in
5 days ago | Report Abuse
A lot of Myeg new pilot project need gestation time before can translate into revenue and earning。 Take for example, myeg Ztrade, cross border platform first introduce 2 year ago, only till these year July officially and commercially launched. Another Myeg pilot project, JPJ E-testing, introduce before covid time, drag 3 year, now only officially and commercially launched these year April 2024.
Remember, the 2 roadmap, national Ai and blockcahin is till 2025 before it start to officially implement across nation which mean next year will be D-day for Myeg for both Ai and blockchain, revenue will be much bigger than current immigration and JPJ
5 days ago | Report Abuse
With 2 National roadmap, Ai and Blockchain, myeg purpose fuel earnings momentum forward
5 days ago | Report Abuse
MYEG, MIMOS Berhad, Worldcoin Foundation and Tools for Humanity ("TFH")
1. National Artificial Intelligence Roadmap 2021-2025
2, National Blockchain Technology Roadmap 2021-2025
5 days ago | Report Abuse
https://www.nst.com.my/news/nation/2024/04/1040185/govt-mulls-drafting-policy-amend-legislation-be-investor-friendly-and
"Malaysia needs to quickly adapt the current economic landscape to continue to grow so that it is always competitive in the region by attracting investment from companies in the technology, AI and blockchain sectors," he said in a post on his official Facebook page today.
He noted that Malaysia has the National Artificial Intelligence Roadmap 2021-2025 and the National Blockchain Technology Roadmap 2021-2025 as a direction that has the potential to accelerate the adaptation of AI in the public and private sectors
"The Madani government is committed to driving the development of the country's economy, especially in high impact and innovation sectors and providing a conducive business environment," he said.
The prime minister made these remarks following a discussion held virtually this morning via video conference with Tools for Humanity (TFH) company co-founders Sam Altman and Alex Blania, as well as Ole Ruch from Nordstar.
Investment, Trade and Industry Minister Tengku Datuk Seri Zafrul Tengku Abdul Aziz and Digital Minister Gobind Singh Deo also participated in the meeting.
The discussion of around 30 minutes touched on several matters related to the rapid development of technology.
"TFH also informed the development of the Worldcoin project, the latest initiative related to identity and the global and inclusive financial network by prioritising the characteristics of confidentiality and providing protection to private information," Anwar said. --BERNAMA
5 days ago | Report Abuse
https://www.thestar.com.my/business/business-news/2024/08/19/banking-sector-receives-strong-govt-support-to-scale-ai
SINGAPORE: Malaysia’s banking sector is receiving strong government support and encouragement to scale artificial intelligence (AI) adoption within the industry.
Bank Simpanan Nasional chief information officer Lee Li Foon said although the sector’s adoption of AI is in its early stage, there has been significant collaboration between industry players and the government to learn from one another.
"Our government is spearheading the National Artificial Intelligence Roadmap (AI Roadmap) which I believe provides us with a significant opportunity to strengthen our AI guidelines.
1 week ago | Report Abuse
In summary, the synergy between MYEG, MIMOS, Worldcoin Foundation, and TFH,
represents a bold step forward in Malaysia's digital journey, driving innovation, fostering
technological advancement, and creating a more inclusive and prosperous digital economy
for all Malaysians.
Stock: [JCY]: JCY INTERNATIONAL BERHAD
1 day ago | Report Abuse
The keyword is earning growths