I made a calculation error in the projected EPS2024 used in my posting yesterday which I have deleted bcos of the mistake. It should be 9.519 (not 11), derived as following:

1Q to 3Q Earnings + 4Q Estimated Earnings = 516.304m + 210m = 726.304m
726.304m ÷ 7630m = 0.09519
12 × 0.09519 = 1.142, ie. RM1.14

Below the corrected posting...
If the market starts to accept MYEG as a growth stock, then conservatively with an undemanding PE of 12 and projected EPS2024 of 9.519, the price should be ~1.14. Both these 2 metrics will continue to be revised upwards if and as results maintain their rising trajectory. If TS Wong's reading of the future is on the mark, then we are sitting on a goldmine.

People have lost interest in making comments until prices move up meaningfully from present levels.

As if the market or market maker is expected to sell down MYEG tomorrow due to new shares being issued. Relatively not much DRP shares to be issued. Less than 1% of previous NOSH less treasury shares, assuming takeup rate is only 50%.

TS Wong will not sell off the lucrative Blockchain based business. The market will wake up eventually. Buy at lower prices now before that happens.

I'm taking all my dividends in new shares

If local institutions are still procrastinating over this stock counter, foreign funds will get in before them and take the prices higher sooner or later.

Where to procure the nice navy blue hooded pullover with ZETRIX enblazoned across the chest that TS Wong is wearing in the picture?

I3investor's Best Buy/Sell figures displayed in MYEG's Market Depth have been corrupt for a few days already. Housekeeping and maintenance needed to rectify this.

Aizo in Hokkien means "must work". Not depending on free handouts, good motto.

Tomorrow's opening, gap up 😅

If 2QFY24 Report is in the same vein of the previous Qtr, it should propel the stock price to RM1.37 with annual revenue hitting RM1b and earnings RM620m.

Can be seen to be a corporate warrior with indomitable fighting spirit, on the other hand. A survivor of a string of crises finally in sight of better times ahead.

Sudah mabuk thinking about it

Probably an announcement later today, to be digested over the weekend. Fly higher or fall again on Monday. Hope it isn't just a technical rebound.

Closed at today's low but still within the uptrending channel. Good to shake off short term players every now and then with these price gyrations. Unlikely to be the end of this year's story for MYEG. Imminent shareholders approval for proposed 1.68c Dividend during AGM on 25 June will be good enough for celebration.

Auspicious name. Orkim is black gold for crude oil, all terms synonymous with fuel and energy.

Insider move;

DATO' DR NORRAESAH BINTI HAJI MOHAMAD sold 2.5m shares yesterday (17 May).
https://www.klsescreener.com/v2/announcements/view/7032075

EPF is back as a Substantial Shareholder again on 14 May.

She's coming, slowly.

EPF and KWP together made net disposals of slightly more than 33 million units between 24 April and 2 May based on announcements made to date. They have taken some profits during the recent rally. During that 6 trading day period, turnover was about 1.02 billion so their selling was quite insignificant.

Get faster and convenient services, and enjoy cost savings when you pay using Zetrix Coin.

MYEG’s Zetrix launches initial exchange offering and token listing

Tuesday, October 17th, 2023 at Markets | News

In a joint statement today, MyEG said Zetrix aims to empower governments and businesses in digitalising global trade using blockchain and artificial intelligence.

One of Zetrix’s key applications, ZTrade, facilitates faster and more seamless cross-border trading with China by digitising certificates of origin (CO). This, it said, helps exporters reduce warehousing costs and create tamper-proof contracts using blockchain technology.

Zetrix also offers a multi-asset native wallet and supports W3C compliant verifiable credentials (VC) for secure identity verification.

Zetrix’s decentralised application, ZIdentity (ZID), provides blockchain-based identifiers (BID) and on-chain agreement signing services for international markets, enabling cross-border transactions with China.

ZID follows the Self-Sovereign Identity (SSI) standard, allowing users to control their identity information without sharing it with third parties.

Zetrix is integrated with China’s national blockchain, Xinghuo Blockchain Infrastructure and Facility (Xinghuo BIF), providing users with direct access to China’s digital economy.

MyEG has partnered with organisations like MIMOS Technology Solutions, East Logistic-Link, Philippines Bureau of Customs, and Guangxi Beitou IT Innovation Technology Investment Group to enhance cross-border trade facilitation and credentials verification services.

I missed the latest share acquisition of 2,821,100 units by KWP on 17 April in my summary yesterday. So total new shares bought since their last disposal is 12,095,900.

It may be note worthy to know that both EPF and KWP made their last disposals of MYEG shares 2 days apart on 18 and 20 March 2024 respectively.

On 18 March 2024 EPF actually ceased to be a Substantial Shareholder of the counter after unloading 4,535,000 shares but regained the SS status on 27 March after acquiring 3,500,000 new shares.

So far, EPF has made new share acquisitions on 1 day in March and 3 days in April totalling 14,257,000 units.

KWP has acquired new shares on 2 days in March and 4 days in April totalling 9,274,800 units.

@JJPTR and @benykp@

MYEG is very shrewd in its tax management and is able to enjoy a lot of tax incentives offered by the government, so much that the effective cummulative tax rate paid for the financial year 2023 is only 0.29% compared to the standard 24%.

Read Note B5 in the latest Qtr Report on Taxation.

So quiet today

Three consortia believed to be on shortlist for KL-Singapore HSR project:: https://theedgemalaysia.com/node/704934

This operator is quite empathic to provide this 2-day window for those who need money for HRaya expenses to cash out in time. Usually moneybags are ruthless and heartless.

Any big announcement will probably be made before HRaya in April to provide fodder for feel good conversations during open house visiting and coffeeshop talks.

Aisehmen, what a fine day today has turned out to be.

I see sideway movement around this 0.135/0.140 level for a while, then a breakout quite likely on the upside by 11 April, maybe earlier.

Sori, I misread the announcement statement. TS Wong does not own any HTPADU shares directly. All 15.889% shareholding of HTPADU (16,083,900 units) are owned by MYEG controlled by him.

The proposed final dividend of 1.68% is a subliminal message from TS Wong to us. Bonanza all the way the road ahead!

When all stars are aligned, EPF and KWP will turn buyers. Then the stock price may ascend almost relentlessly to new level after new level.

Another new Substantial Shareholder appeared with 15.905% of HTPADU. Rosetta Partners S/B

TS Wong acquired 1.5116 million direct shares to bring up his total shareholding of HTPADU to 15.889%.

What's the current status of the JV Agreement with Regal Orion signed in early 2022 to develop a RM350 million data centre on HTPADU's land in Shah Alam? Very quiet on this. Did it proceed to the construction stage?

Isn't it wiser to team up with the best who have the most advances technology, are the most reliable in completing hugh contract projects, and are the most competitive in pricing? What about future maintenance of the HSR, availability and pricing of spare parts and skills in upkeeping works? Some countries have a reputation to fleece their customers in the after sales period.

I hear some Japanese companies have already hightailed away from the HSR project on hearing that the Msian govt will not fund it.

I don't have much hope that BJLAND is in the consortium team that will win the HSR Project. There is no China partner in their bidding team.

Maybe more good news yet to come after the superb 4Q Report as the share price is still flying?

About time we see some action, hopefully of the positive kind. VT is the contrarian type, when markets are falling around your ears, his counter flies big time. Hoping, cautiously.

Value of transaction : RM30.8 million

Off-market transaction done on 15 June 2022 involving 140 million shares at 22 sens per unit.

What's with the new changed format? Different feel.. like reborn in a strange alien place.

The following is an excerpt under Key Matters Discussed during BJCorp's 18th AGM Minutes held on 12 Dec 2019:

(5) Mr Joseph Lam Wai reminded Tan Sri Chairman on his promises to improve the share price of the Company to reach RMI.00 per share in three (3) years time.

To this, Tan Sri Chairman cited that he was confident that with the settlement of STC Project, Jeju Court Case and China Court Case, the Company's share price could possibly reach RMI.00 in three (3) years' time.

Tan Sri Chairman duly noted on Mr Joseph Lam Wai's advice that the Company should use the proceeds received from the Court settlements to reduce the Group bank borrowings instead of re-investing in new businesses, so that the investors will revalue the Company.

Jeju Resort, Selangor Turf Clu and Great Mall Of China more or less sorted out now, despite the advent of Covid-19. RM1 per share soon.

Posted by ignissimia > Apr 16, 2021 2:22 PM | Report Abuse X

Direct business transactions done yesterday (15 April):

BJCorp 8.75m@0.40
BJAsset 10m@0.34 (correction - posted absentmindedly as 3.40 @2:22pm)

Direct business transactions done yesterday (15 April):

BJCorp 8.75m@0.40
BJAsset 10m@3.40

Posted by Jolly > Apr 15, 2021 1:03 PM | Report Abuse

how can we retrieve d info of 14/04 direct business transaction of 0.47 for half mil shares ?


I can see in my Kentrade platform under; market/direct business transactions.

If you have problems with your platform, you can ask your remisier to look it up in their system.

I looked at it just after noon time today and saw the off market transactions done on BJLand and BJCorp Shares on 13 and 14 April respectively.

Above the day's trading range. A good sign.

At the highest of the day's range

Half a million shares of BJCorp shares changed hands on 14 April yesterday at RM0.47 a unit in a direct business transaction.

Done at RM0.38