hng33

hng33 | Joined since 2013-01-11

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1 month ago | Report Abuse

Civil servant salary increase expected between 15 and 42.7% — Fahmi
https://themalaysianreserve.com/2024/08/07/civil-servant-salary-increase-expected-between-15-and-42-7-fahmi/

Civil servant is Lagenda main housing buyer group[p

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1 month ago | Report Abuse

EPS QoQ growth + dividend

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1 month ago | Report Abuse

under accumulation phase

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1 month ago | Report Abuse

Yup, WTS already consecutively day buying more myeg share in open market

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1 month ago | Report Abuse

bought back lagenda at 1.26-1.28

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1 month ago | Report Abuse

Zetrix ETF will soon listed in HK exchange, unlocking more value creation for myeg

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1 month ago | Report Abuse

Zetrix聯合創始人黃天順:香港有望成為全球第二大虛擬資產中心
https://www.youtube.com/watch?v=00IW976Fqhw

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1 month ago | Report Abuse

Very soon will recover above RM 1 ahead of Q result and dividend

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1 month ago | Report Abuse

Major shareholders WTS buying more myeg ahead of explosive Q result

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1 month ago | Report Abuse

Dividend is coming

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1 month ago | Report Abuse

So fast mushrooming Data center in Msia already creating surplus? More stiff competition among data center forward as more and more data center completing in next 1-2 year, numerous supply data center allowing digital business data user like myeg spoilt of choice to cherry pick best fee offer by numerous newly set up data center .... Awesome for myeg blockchain Ztrade busines, enjoying lower operational costs, boosts up profit margin

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1 month 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

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1 month ago | Report Abuse

Q1 Initial Zetrix token has been issued at USDT 5 per token; now that there is a market price (which is higher than USDT 5), henceforth, will subsequent issuance of Zetrix token still be at USDT 5 or the market price?
- Khoo Kim Hong

A1: Following the listing of Zetrix tokens on several exchanges in October 2023, subsequent sales of Zetrix tokens are undertaken at prevailing market prices

Remark: Myeg 95% own Zetrix coin trading at USD 17.2, up 244% since IPO last year Oct.

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1 month ago | Report Abuse

Q1. What is the total effective holding percentage MYEG has on Zetrix blockchain Web3 system (56%?)

A1: MYEG holds an approximately 95% effective ownership interest in Zetrix Layer -1. However, the company intends to divest some of this ownership to strategic investors to enhance the value proposition of the platform.

Q2: Based on Zetrix coin, maximum supply of coin is 2.11bil coin while in circulation is 155mil coin. Is the circulation 155mil mean coin issue in the market and max supply mean total coin that can be issued? - Joseph Lam Wai

A2: As per the answer provided above, a total of 1 billion coins have been minted, of which to date approximately 1% have been sold.

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1 month ago | Report Abuse

Both final dividend for FY2023 and interim dividend for FY2024 will be declared within these month.

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1 month ago | Report Abuse

Myeg should be safe haven in time of market turbulence in view of its concession businesses model in Msia and growth in web3 blockchain ztrade for cross border internationally

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1 month ago | Report Abuse

Myeg business command most higher profit margin above 70%

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1 month ago | Report Abuse

Myeg business have both stable concessions base in Msia and new growth in global zetrade blockchain.

In additional, myeg also due to delcare dividend soon

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1 month ago | Report Abuse

sold pohkong at 1.22

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1 month ago | Report Abuse

added all balance to myeg at 96sen

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1 month ago | Report Abuse

Good news for zetrix, 95% own by myeg, more zetrix token created by blockchain is in high demand, can speed up sale more zetrix token to
Unleash myeg cash hoard forward

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1 month ago | Report Abuse

Malaysia ranks among top 10 crypto-friendly destinations - Gobind

KUALA LUMPUR: Malaysia has emerged as one of the top 10 crypto-friendly destinations for digital nomads and companies, said Digital Minister Gobind Singh Deo....

Gobind also noted that the Securities Commission of Malaysia has introduced guidelines to regulate digital asset exchanges under the Recognised Market Operator (RMO) framework.

The guidelines ensure that Malaysians can access and trade tokens created by blockchain technology legally in a safe and compliant environment.

"As a result, more than 840,000 Malaysians have opened an account with regulated digital asset exchanges (DAX) to-date, making up over 72 per cent of the investor segment," he said. - Reuters

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1 month ago | Report Abuse

In the AGM, MYEG clarify it holds an approximately 95% effective ownership interest in Zetrix Layer -1. instead of previously 56%. Zetrix have 1 billion minted zetrix coin and Myeg already sold 1 % and still retain 94%. However, the company intends to divest some of this ownership to strategic investors to enhance the value proposition of the platform, likely through upcoming ETF to be launched in HK exchange soon.

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1 month ago | Report Abuse

file:///C:/Users/Ng%20Chai%20Heng/Downloads/MYEG%2023rd%20AGM%20Minutes.pdf

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1 month ago | Report Abuse

Q1. What is the total effective holding
percentage MYEG has on Zetrix
blockchain Web3 system (56%?)

A1: MYEG holds an approximately 95%
effective ownership interest in Zetrix Layer -1. However, the company intends to divest
some of this ownership to strategic investors
to enhance the value proposition of the
platform.

Q2: Based on Zetrix coin, maximum supply
of coin is 2.11bil coin while in circulation
is 155mil coin. Is the circulation 155mil
mean coin issue in the market and max
supply mean total coin that can be
issued? - Joseph Lam Wai

A2: As per the answer provided above, a total of
1 billion coins have been minted, of which to
date approximately 1% have been sold.

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1 month ago | Report Abuse

Concentrate capital, accumulated myeg at 99.5sen

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1 month ago | Report Abuse

bought back myeg at 99.5sen

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1 month ago | Report Abuse

today sold out all HDD stock due to Western digital result.....sold out jcy at 68.5sen

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1 month ago | Report Abuse

today sold out all HDD stock due to Western digital result.....sold out dufu at 2.30-2.32

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1 month ago | Report Abuse

today sold out all HDD stock due to Western digital result.....sold out notion at 2.15-2.20

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1 month ago | Report Abuse

sold first at 70.5sen

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1 month ago | Report Abuse

Sold all balance at 1.98

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1 month ago | Report Abuse

Sold all balance at 1.98

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1 month ago | Report Abuse

Today is LAST chance to buy on weakness, time to REBOUND

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1 month ago | Report Abuse

bought cape at 65.5sen

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1 month ago | Report Abuse

AMD, like rival Nvidia, is riding the AI hype train, which is powering sales of its data center graphics processing units (GPUs) and central processing units (CPUs). For the quarter, AMD reported adjusted earnings per share (EPS) of $0.69 and revenue of $5.8 billion. Wall Street was anticipating adjusted EPS of $0.68 on revenue of $5.7 billion, according to consensus estimates by Bloomberg. AMD reported adjusted EPS of $0.58 on revenue of $5.4 billion during the period in 2023.

"Our AI business continued accelerating and we are well positioned to deliver strong revenue growth in the second half of the year led by demand for Instinct, EPYC and Ryzen processors," AMD CEO Lisa Su said in a statement.

"The rapid advances in generative AI are driving demand for more compute in every market, creating significant growth opportunities as we deliver leadership AI solutions across our business.”

AMD's Data Center revenue, which includes sales of AMD's GPUs and CPUs, topped out at $2.8 billion, beating expectations of $2.75 billion. That's a 115% jump versus the same quarter last year, when AMD reported Data Center revenue of $1.3 billion.

Shares of AMD rose as much as 5% following the report, while shares of rival Nvidia (NVDA) jumped 3%. Shares of Intel (INTC) were flat.

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1 month ago | Report Abuse

bought back jcy at 68sen

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1 month ago | Report Abuse

Q1: Everyone is waiting for the data centre play.
Unfortunately, before hard disk can be purchase and fitted into the physical building, it may easily take 2-3 years for the main building, such as critical infrastructure (eg:power transmission, cooling system, network, certification,etc).

A1: Before HDD supplies to data center, HDD maker need to source HDD component supply chain. Now the world top 1 Hdd maker, Seagate, record major turnaround in quarterly report, swing into profit. HDD component marker like DUFU, notion and JCY, will growth in tandem to increase supplier HDD component to Seagate

Seagate report Total revenues of HDD (91.5% of revenues) rose 25% year over year to $1.727 billion in the reported quarter. On a sequential basis, revenues were up 17%.

More importantly, the revenue growth and profit are all expect to leap even more significantly I next Q and beyond 2025. Seagate is expect to reap revenue growth 20% and profit EPS by additional at least 40% surge profit in next Q.

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1 month ago | Report Abuse

Western Digital Co. (NASDAQ:WDC – Free Report) – Research analysts at Wedbush raised their FY2024 earnings per share estimates for Western Digital in a research report issued on Monday, July 22nd. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings of (-$0.86) per share for the year, up from their previous estimate of (-$1.36)

Wedbush also issued estimates for Western Digital’s Q4 2024 earnings at $1.46 EPS, Q1 2025 earnings at $2.10 EPS, Q2 2025 earnings at $3.34 EPS, Q3 2025 earnings at $3.48 EPS, Q4 2025 earnings at $3.83 EPS and FY2025 earnings at $12.76 EPS.

Remark: Western digital to release Q4 2024 report next week, 30 July

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1 month ago | Report Abuse

Western Digital Co. (NASDAQ:WDC – Free Report) – Research analysts at Wedbush raised their FY2024 earnings per share estimates for Western Digital in a research report issued on Monday, July 22nd. Wedbush analyst M. Bryson now anticipates that the data storage provider will post earnings of (-$0.86) per share for the year, up from their previous estimate of (-$1.36)

Wedbush also issued estimates for Western Digital’s Q4 2024 earnings at $1.46 EPS, Q1 2025 earnings at $2.10 EPS, Q2 2025 earnings at $3.34 EPS, Q3 2025 earnings at $3.48 EPS, Q4 2025 earnings at $3.83 EPS and FY2025 earnings at $12.76 EPS.

Remark: Western digital to release Q4 2024 report next week, 30 July

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1 month ago | Report Abuse

Seagate signaled that the disk drive sales slump is ending with a revenue increase for Q4 2024.

Revenues were up 18 percent annually to $1.89 billion, beating its $1.85 billion forecast, with a $513 million profit contrasting strongly with the $92 million loss a year ago. This growth was a turnaround after seven successive quarters of revenue decline

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1 month ago | Report Abuse

Seagate signaled that the disk drive sales slump is ending with a revenue increase for Q4 2024.

Revenues were up 18 percent annually to $1.89 billion, beating its $1.85 billion forecast, with a $513 million profit contrasting strongly with the $92 million loss a year ago. This growth was a turnaround after seven successive quarters of revenue decline

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1 month ago | Report Abuse

DUFU derive 60% HDD revenue from seagate and 40% HDD from western digital

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1 month ago | Report Abuse

"We attribute the underlying demand drivers to an increase from both traditional cloud computing workloads, as well as new AI-related deployments," he said. "While cloud service providers are continuing to build out that infrastructure, they increasingly focus on developing, deploying, and monetizing AI applications."

Mosley said this involves training large language models and expanding the entire hardware stack to support future generative AI content-driven growth.

While hard disk drive demand pull-through related to AI is still relatively small, Mosley said, "We believe HDDs will play a crucial role in enabling both of these phases of the AI adoption curve."

"By offering cost-efficient, scalable storage solutions, HDDs are ideal for maintaining the integrity of AI training data sets, as well as preserving the valuable content that AI engines are projected to generate in the future," he said

Mosely also discussed generative AI, which can generate text, images, videos, or other data using generative models, saying that “as GenAI engines mature, customers expect an acceleration in content creation that will lead to significant demand for mass capacity storage.”

“We recognize that GenAI is still in its early stages of adoption,” he said. “However, this customer feedback combined with our early engagements with nearline cloud and OEM customers reinforces our view that mass capacity storage will be a beneficiary in both the cloud and at the edge as the adoption of these new exciting applications takes hold.”

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1 month ago | Report Abuse

Seagate reported fourth-quarter earnings of S1.05 per share, compared with a loss of 18 cents per share a year ago, beating analysts’ estimates of 75 cents.

Revenue totaled $1.89 billion, up from $1.60 billion a year ago, and coming in ahead of Wall Street’s call for $1.87 billion in sales.

Looking ahead, Seagate said it expects first-quarter revenue of roughly $2.1 billion, compared with estimates of $1.88 billion. The company anticipates adjusted earnings of $1.40 per share, compared with 75 cents per share estimates

“Seagate commented that its nearline exabyte supply is committed through the end of the calendar year, resulting in extended product lead times and overall tighter supply conditions,” he said. “Management anticipates growth to continue in fiscal 2025 driven by both traditional cloud computing workloads, as well as new AI-related deployments.”

Seagate reported sales, gross margins, and operating profits significantly above expectations, aided by stronger-than-expected recovery in its cloud customers, which resulted in a shift to higher capacity drives and improved pricing, the analyst tells investors in a research note.

The firm said management's guidance suggests demand strength at cloud customers is expected to be sustained

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1 month ago | Report Abuse

Seagate, 91.5% HDD, share price breakup record all time highest

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1 month ago | Report Abuse

Seagate, 91.5% HDD, share price breakup record all time highest

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1 month ago | Report Abuse

Seagate, 91.5% HDD, share price breakup record all time highest