why myeg share price dropped
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MyEG is a Malaysian company that provides electronic government solutions and services1. Its share price dropped by 15% on Feb 7, 20232 after it was reported that all immigration services and processes will be fully back under the Home Ministry’s control2. This means that MyEG will lose its contract to provide online renewal of temporary employment passes for foreign workers3, which was a major source of its revenue3. The drop in share price also triggered a halt in short selling of MyEG shares by Bursa Malaysia Securities Bhd2.

As of March 2, 2023, MyEG’s share price closed down 1.36% at 0.73 Malaysian Ringgits4, which is near its 52-week low of 0.565 Ringgits4. The company has a market capitalization of RM5.5 billion and a PE ratio of 14.414.

Are you a shareholder of MyEG?

can Pharmaniaga go bankrupt?
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Pharmaniaga is a Malaysian pharmaceutical company that has recently posted a net loss of RM607.32 million for FY20221 and triggered the PN17 criteria12, which means it is financially distressed and may face delisting from Bursa Malaysia if it does not regularise its condition within 12 months1. The main reason for its losses was the provision of RM552 million for slow-moving stocks of Covid-19 vaccines13 that were not sold due to low demand and expiry issues2.

However, Pharmaniaga’s CEO has expressed confidence that the company can turn around its performance and avoid bankruptcy by focusing on its core business of manufacturing and distributing generic drugs, as well as exploring new markets and opportunities3. He also said that Pharmaniaga has sufficient cash flow and assets to support its operations and obligations3.

Therefore, it is not certain whether Pharmaniaga will go bankrupt or not, but it faces significant challenges and risks in the near future. Are you interested in investing in Pharmaniaga?

personally I think myeg is bad
in the end its all another opinion, I could be wrong.

you only need to make 50.001% right guesses to make money in BURSA

My general rule is I dun invest in "too linked GLCs" like Pharma or MYEG
nothing good will come out of it.....
The only good GLC worth investing is Maybank and RHB Bank,
the rest better avoid, even Tenaga, TMB, any Petronas etc etc

Its normal
exact same thing happened in Serba
L@@NGKangKat now going to be evicted, rental arrears
and begged Uncle Kentang for condo rental donations.


Cipta

Pharma shareholder still paying high salary to the CEO who caused the co into PN17. The dumb Good123 who claims is the small holder of the co keep singing for the top management. Even the hard-core Chow has changed the tone. Who believe Good123 does not has relationship with the insane.

2 minutes ago

not time yet
some sex firms give 7 to 14 days to top up for non-urgent margin calls like Pharma.

=> even though non-urgent, FORCED SALE will happen also
=> Just count the days

he said no harm done.
trust me dun transfer to Singapore.
The whole island is unstable.
Your descendants will curse you and regret their upline so stupeeeeeed.
better follow Lee Hock Leong migrate to Perth

BobAxelrod33

Wonder if Sslee didn't donate so much to Bursa, he would have made his dream of buying a property in Spore for his son a reality by now??

sslee
I suggest you buy some Yinson, that will sabotage your BFF Joker, will fook him properly.
likely after you buy Yinson, it will become a full time Shemale. Its inevitable.

XinqGuan
Jaks
Insas
Petron
HengYuan

coming soon => PChem, another Shemale

its beginning to make sense
:)

you cannot order the guy who suffer to keep on suffering.
high interest regime.
Its everyman for himself

all PN17 counters are non-marginable.

whatever that means.

Those who suffer will know what this means.

but why you panic?

no need to panic, pigi tidur

no pity for uncles and aunties,
many bought 16 sen and refused to sell based on Shark's advice.

by backside Shark keep on dumping non-stop while front side tells uncles and aunties not to sell.

how about the "coffin & cover" chart stage?

sslee
if you put under microscope, said Joker's entire public portfolio is riddled with low ROEs
said portfolio cannot stand close scrutiny.
if you go nearer, stark truth its a shemale, not genuine female......

sslee
ROE is too low to be investable, avoid
low ROE now looks definitive of the company troubles


Sslee

Q4 end 31/12/22 NP margin is 5.56% . Expecting first half of 2023 to be challenging so most likely another 2 quarters of NP margin at low single digit %.

4 hours ago

qqq3 has a history of picking extreme losers.
So any counter you see his name promoting to buy and he says nothing to worry about, just avoid.

I never promote any counter in my portfolio.
So those counters that you dun see me, maybe I have it or maybe not.

big funds just discovered that China gloves will get state subsidy
and China will be exporting gloves and no longer importing.
This will kill all Malaysian Gloves to besi buruk

part of China global plan....

world largest producer of polypropylene listed @ NYSE
PE = 8.15
DY = 5.9%

compare PChem
info as per i3 data as above
PE = 9.13
DY = 5.69%
means current today price of PChem at 7.21 is way too over priced by factor PE=1

the over-pricing of PChem is due to EPF either buy Serba or buy PChem, no choice

The way to right wrongs is to turn the light of truth upon them.
Ida B. Wells

Post removed.Why?

obviously KJ "karma help" was very important to bankrupt Pharma and hopefully Boustead...
wink wink

also btw if it is "LEGAL" and ethical to sell expired drugs, lets together set up a Bursa company and get exemption certificates to sell global dumped drugs.

call it Expired Pharma Drugs Berhad

Post removed.Why?

Post removed.Why?

the weather is fine today inside the expired vaccine store room

=> auditors only do impairments for expired vaccines despite Big Sharks telling you its a super scam fake impairment.
Yup and Sharks also told you to buy Serba coz Serba is a scam fake fraud and Serba was worth Trillions,,,,
What you dun remember being cheated by Sharks in Serba case?
thats becoz you enjoyed being cheated?

dun be silly !!!
nothing will happen !!!
Bilis will rush here to buy to rescue rich men.

you will see Bilis screaming "bankrupt me" "bankrupt me"
Rich men will all dump their HRC shares to Bilis to make Bilis bankrupt....


MoneyMakers

Ding3 new low 3.4 unlocked

Ding3 huge loss 480Mil (b4 tax) unlocked

Ding3 tomorrow limitdown???

3 minutes ago

normal happenings
the magic 5X Bilis is considered the Law of Bankruptcy.

=> Same thing happened to Serba as well.
When Serba fraud case was first discovered, many masochists rushed to Serba to lose money on purpose.
Even i3 members with public portfolio purposely bought more Serba to encourage Bilis to buy more Serba.


Posted by CharlesT > 50 seconds ago | Report Abuse

Number of shareholders in glove co increases by 4 to 5 times now from Pre Covid 19

Most of these so called "new long term shareholders" suffer hefty paper losses more than 50% smelly smelly

already expired vaccine
can use to water plants or wash hands

interest rate plus inflation increase more .... possible impairments ... possible PN17
but you already knew you were gambling when you bought share rite?

=> so no harm done.....

makes sense
now having cuban cigar, double malt, chocolate, tartare steak and later drive back home at 180km/h followed by unsafe sex at nite club tonite

still very extremely high share price coz many believe rescue is coming.

its always cheaper to start another Pharma company from scratch.
why pay those creditors and bankers RM552 million?
you think RM552 million grows on trees?

or put gun to their silly creditor/bank head and say I pay only 1 sen for RM1.00
so pay RM5.5 million.
Creditor & Banks are silly to trust this company rite? so deserve only 1 sen

if cycle does not repeat how to kill Bilis?

thats regrettable
US says thats ok as long as Putin is not killing US people
EU says thats ok as long as Putin is not killing EU people
Other people says thats ok as long as Putin is not killing "Other People" punya people

sama sama
when you see a Superpower raping your neighbour's son, its ok
Superpower is not raping your son,
meanwhile lets do Budget 2023 and arrest Bossku

Cheers !!!
Bottoms Up !!!

Nobu for dinner later followed by nite club ok?



Posted by Sslee > 1 minute ago | Report Abuse

i3lurker,
So how the Russia and Ukraine war/conflict will end if not through negotiation table?

Meanwhile more Russians and Ukranians will be killed in the war.

The same Killings Game happened in i3investor too.

Sharks banding together to kill bilis
some years back I think it was 2000 to 2006 or so,
bilis became near extinct due to overkillings by sharks.

=> Many remisiers suddenly became aware that BURSA is 95% operator turnover

so those sharks in Bursa started killing each other.

With covid, another 13,000 bilis minted in 2020, sharks now concentrate on killing bilis

I am starting to see signs of over fishing in BURSA now.
by 2024 sharks will start killing each other in BURSA

cycle repeats

sslee
you must understand the issues clearly in your mind
post WW2, UN set up, with a Security Council with specific objectives to STOP war, essentially global policeman to forever stop any more wars from ever occurring.

System fails when policeman himself start the war killings, Russia kills Ukrainians
and or
System fails when policeman does not want to die,
you are killing others you promise not to kill me right?
Russia to US, let me kill Ukrainians first.
I promise not to kill you.....I mean now only,
when orgasm finished in Ukraine....later I will kill you US also

Lesson learnt from WW2 Hitler over Czech and Poland is that killers cannot be appeased.
When he finish his killings, no more orgasm, he will turn around and kill you also.

///Is US helpful in finding a peace solution to Russia Ukraine conflict?///

zero risk management

no more smelly taufoo to be exported?
sslee
then you need to use your socks, do solvent extraction.
put socks inside coffee shaker
Add some hexane from your mill then
shake, shake to tune of "We Don’t Need Another Hero, Tina Turner"
https://www.youtube.com/watch?v=Gcm-tOGiva0

other smaller banks are borrowing money from Maybank
analysis of weaker smaller banks show that they are net interbank borrowers.

=> Maybank is still the King of the Jungle
Hurray !!!!

market sometimes does opposite of forum expectations.
do not use forum sentiment as market sentiment.

many Fund Managers had never heard of i3investor and of those heard, most never bother.
Bunch of old farts in i3investor just passing fairy tales which market does not care.

China USD65 Trillion property market showing creaking sounds. Sounds increasing daily.
knock on damage on banks 41% loan portfolio.
Some say China gobermen will nationalise many China failed banks soon, very soon.
oncoming shock waves through global markets.

Brace for impact.

shopping condominium factories mari mari
:)

will happen
2 bad quarters

wun happen
push price down significantly

price down only slightly
thats becoz Malaysians see price down, first reaction is to buy.
No one knows effect of Blue Urea
and if by remote chance they actually do, they dun care also.
Its like smoking and mainlining.
so these people will buy and buy and buy to average down


Posted by Sslee > 7 minutes ago | Report Abuse

I am hoping for next two bad quarters to push down the price so that I can collect cheaply.

1% chance event probability of survival
1) after RM30 Billion asset impairment
and
2) RI to affect asset reconfiguration
to manufacture Blue Urea

=> its way too remote probability to consider

in any case price after RI will be 50 sen to RM1.00

PChem will transition to zero dividends and 10 sen or less share price.

Petronas will maintain plant to keep employment until incur massive losses, then sell for besi buruk RM15 per kg or thereabouts

average down is always a death sentence
especially for fraud cases like Serba
and
obsolete tech like PChem

coz the bottom is zero and company will shut down

urea old tech will need energy and expensive gas feedstocks
urea new tech will need energy and free feedstocks from air ie water, nitrogen and carbon dioxide

so who will win?

United Nations will allow carbon trading during transition period ...
just like Tesla like a pig took and took and took Ford and GM money non-stop initially.

so many Malaysian companies will get paid by PChem during transition.

=> PChem beggar profits after pay and pay and pay

From the Kingdom of Heaven ...

Money is easy to find.
You come to where the men speak Italian,
and continue until they speak something else.
We go buy Maybank.
Goodbye.

I worry about sslee when he goes icap to promote INSAS

... after getting said dividend must Kiss the Ring

Posted by Sslee > 41 seconds ago | Report Abuse

And dividend last year 2.5 cents

appoint DickyMe as a Certified Verifier, RM1.00 per word verified
or
appoint UMNO as a Certified Verifier, RM1.00 per word verified

only 2 options allowed

agree
his activity will increase proportional to his RM200.00 losses, allegedly.
not even enough for many people's lunch or even lunch at Esquire Kitchen for 5 pax

Posted by MoneyMakers > 5 minutes ago | Report Abuse

Crazy mike (@Johnchew) soo crybaby suffer HY limitdown

If lucky, this week QR disaster see 2nd round limitdown

Unfortunately also see 2x crazier mike (@Johnchew)

Likely United Nations will ban PChem plant.
Countries with this old tech urea plant will face massive sanctions.
Its inevitable, just a matter of time.
in just a few years a Global Ban on old tech urea plants could be effected
see how fast 3G became 5G...