When Hengyuan was added to MSCI-Small did it go up or down?

why they want halt?

wasnt able to buy all in. buying at 20.45 tomorrow

im buying at 21 so sure match one

whew, i almost bought AA at 4pm.. luckily i hesitated

https://www.thestar.com.my/business/business-news/2020/07/06/airasia-posts-lower-revenue-in-q1-due-to-pandemic

Rakuten Trade Technical View
06 July 2020

MY E.G. Services Bhd (0138)
• MYEG closed unchanged at RM1.51 yesterday.
• Chart-wise, share price had a bullish run taking out a series of resistance levels supported by higher
trading volume recently.
• Positive news on 3-year extension on foreign worker pass employment contract worth RM208m and
the much anticipated RM1.5bn immigration contract (NIIS) which will ignite interest in the stock as it
is strong contender for the project.
• It is currently trading above key moving averages hence we expect a bullish bias breakout to
continue its uptrend.
• As such, resistance levels are identified at RM1.61 (R1) and RM1.70 (R2).
• On the downside, support levels are expected at RM1.34 (S1) and RM1.23 (S2).

This scandal is already factored in the price 2 years ago:
https://www.theedgemarkets.com/article/datasonic-myeg-hit-news-charges-against-former-dpm

@Emperor where got? its all buys and in the millions

hope it breaks r2 before eod

at pivot point now 1.53 .. i will start buying

@Jack why 4pm? why not now?

big buy at 1.51 just now

@choo what's the catalyst?

another large buy 1.52 just now

big buy at 1.51 just now

@ttree do you think consolidation process will complete by eod?

Why would there be a major announcement? Is there rumor of a new one?

@Ttree i just copy from rakuten

s2 1.430
s1 1.470
pp 1.540
r1 1.580
r2 1.650

large buy at 1.56

@Peace99 its very minor I think, less than 0.4% of total number of shares

Upgraded rating to "ADD". CIMB raised its profit forecast for MYEG services and revised its target price-to-earnings ratio from 22.4 times to 24 times. The target price was subsequently raised from RM 46 sen to RM 80 sen. Plus".

The bank added that winning a new e-visa and immigration system contract is certainly a potential benefit for the company, and the delayed promulgation of the e-government service contract or the inability to win the two new contracts are the company's potential risks.

Waiting for bid for electronic visa

Currently, the company is awaiting bidding for the government's e-visa project. Since the government has terminated the existing service provider's contract on June 30, it is expected to bid for this service in the third quarter.In addition, the company's consortium with S5 and technology alliance (HTPADU, 5028, motherboard technology group) is also one of the leading bidders for the new National Immigration System (NIISe) project. The total value of the new contract that will soon replace the existing immigration system is RM1.2 billion.CIMB said that projects such as new online services and potential e-visa will bring more revenue to the company, and decided to raise the company's EPS estimates for fiscal years 2021 and 2022 by 15.9% and 19.4%, respectively. However, the tax incentives for MYEG service pioneers will expire in April 2021, at which time their tax rates will increase, offsetting some of the benefits of new services and new contracts.Upgraded rating to "overweight"CIMB raised its profit forecast for MYEG services and revised its target price-to-earnings ratio from 22.4 times to 24 times. The target price was subsequently raised from RM 46 sen to RM 80 sen. Plus".The bank added that winning a new e-visa and immigration system contract is certainly a potential benefit for the company, and the delayed promulgation of the e-government service contract or the inability to win the two new contracts are the company's potential risks.

https://www.sinchew.com.my/content/content_2300410.html