@stocksyndicate are you stupid or what. EPF n KWAP has been accumulating myeg since last month. go and calculate their buy/sell only then you talk here with some sense

Dont spout nonsense please. If u want to sell just sell no need to tell the whole world about it. Unless u are hoping people will panic so u can collect cheap. Disgraceful person

@EDINVESTOR come sell me your shares, i dont mind collecting

Target Price is still intact. RM2 end of June

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 7,664,800 shares on 12-Jun-2020.
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 10,000,000 shares on 15-Jun-2020.
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 3,362,200 shares on 16-Jun-2020.
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 1,934,300 shares on 17-Jun-2020.

Not sure whether myeg can get the contract? Jst see what the big boys are doing

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 12,000,000 shares on 11-Jun-2020.
EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 4,286,000 shares on 11-Jun-2020.

If these doesnt give indication to you guys who is going to win the contract, I dont what will.

EMPLOYEES PROVIDENT FUND BOARD (a substantial shareholder) acquired 10,714,000 shares on 10-Jun-2020

@naruto88 yes. You can visit investopedia to learn more

@naruto88 to answer your questions:

A share buyback occurs when a company purchases some of its shares in the open market and retires these outstanding shares. This can be a great thing for shareholders because after the share buyback, they each will own a bigger portion of the company, and therefore a bigger portion of its cash flow and earnings.

These kinda of people who spout nonsense I feel sorry for them, jst look at their comments spread -ve news in all counters. They miss the rally I suppose lol?

True value rm0.85??? Come i collect from you at that price

Nice closing myeg. Aiming for rm2 end of this month

Some people are short term trader while some people are long term investor. It is up to people how they want to make their money. For me myeg has long term prospect. Minor price fluctuation is normal along the way. My TP for myeg has always been rm2.00 so I will wait till then. Happy investing

@deepvalueinvesting. Nice analysis but unfortunately you make a mistake in assuming the EPS and PE ratio. High PE ratio of 2019 is an anomaly that shouldnt be taken into consideration due to Kawan moving their production to Pulau Indah. So their average PE should be around 20+ which is the average in the food industry

KWAP reverse its selling and started buying back myeg. They know something we dont know???
KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (a substantial shareholder) acquired 4,001,000 shares on 10-Jun-2020.

Congratz to all shareholders. BIG NEWS COMING SOON?

With current PE of only 20 is still cheap compared to other companies in same industry. Even when it goes to rm2 PE is still respectable 30. Much better than a lot of tech companies out there with super high valuation.

Nice rebound. TP RM2.00 coming!!!

https://klse.i3investor.com/insider/substantialShareholder/5028/19-Nov-2019/472269_2685032558.jsp

@EDINVESTOR Not sure which source do you read. PNB currently hold less than 7% of htpadu. In fact, they have been selling htpadu shares. Read the announcements. Dont misslead readers here. Thank you

I am more worried for their export business. I know from the report they sell a lot of products to the hospitality industry. How much it will impact them? We don't know for sure with hotels all over the world shutting down.

Theme parks and Hotel supplements Genting casino business. So it is different from what Notion is doing currently. Anyway I guess we have to see whether this business plan works in the coming qtr

I mean if you look at Dufu and other similar companies, they are doing fantastic even during this covid19 outbreak. They don't try to diversify their business to something unrelated. So makes me wonder the direction of Notion management.

tollebunsmith: I just think for a successful business to grow they need to focus in what they are doing best instead of trying to become jack of all trades. Just my opinion

Production of medical products only commence in June??? Way too slow way too late. Low margin products especially with so many companies jumping into it. Bad move by the directors. They should just focus on their high margin precision manufacturing unless they know their core business is doing really bad hence force to find alternative revenue.

Congratz on those who managed to collect below 1.35 this morning

Hopefully it will drop tmr so I can collect more

A lot of people forget, during umno time myeg share price is around rm2+. Now got chance to collect at cheap price, u dont want? Plus government is back to umno again so i dont see any reason the price wont go back to its previous level imo

Dsonic already fly. Now it is time for myeg to fly also!!!

Hoorayyy. Good news. Congratz for those who hold. Raya bonus :)

Bunch of bs. Myeg how to reach 50cents. Talk with some sense please

Hope good news coming in. Selamat hari raya

I have collected more today. With kwap n epf buying aggressively since April, something is definitely brewing. New contract? GST? Qtr result coming end of May

How do you expect syndicate to earn money nowadays? By creating hype stories to earn money from retailers. When prices shoot up like rocket, you can see sifus coming in flocks to comment in the forum. And yet the forum is quiet few weeks back

Sharks already disposed their shares, now left is the retailers hoping the price will go up again. All moving to O&G counters already.

"Only when the tide goes out do you discover who's been swimming naked" - Warren Buffett

I think most glove counters are currently overvalued. Kena goreng by sharks these few days. That is why we can see promoters appearing everywhere in the forum. When price drops back in march, the forum is so quiet. Funny

Be fearful when others are greedy, be greedy when others are fearful. Quote from warren buffet

Took profit yesterday. All glove counters losing steam. Has the sharks begin to sell? Any idea?

Sold all my position. Thank you Harta. Price has gone way beyond its value. Can see from today movement it has begun losing steam. Indication of sharks started selling???

Sell all mine. Thank you sooo much topglov. Been holding u since Jan

Luckily managed to sell all my position yesterday at 2.95. Goreng is over now. Bye2 MI.
Last quarter result is good but it is only improvement 0.52% based QoQ, it does not warrant 40% increase in share price. Hence it has gone beyond its fundamentals. Jst my humble opinion. Stay safe investing

For those people who bark here n there (especially GooShen aka GoToHell), stop spreading fake news and rumours. Most people here are long term shareholders of Harta. Harta has earn me good profit over the years (check CAGR history if you dont believe)

Engine start running. Dont miss the boat guys

All big sharks still collecting. They want to get BIG profit

Fortuneman, you are part of the syndicate that want to collect low? Your previous comment: Sell sell sell..drop 99..better sell all ya??? Ok I understand so you want to collect low. Please wait long long yah

Nice QR. Recorded highest profit in their history. Now jst waiting for those syndicate to goreng the stock once they have accumulate enough from small investors

Price is up n down everyday. What matters is company performance. When the price drops QR good it is time to collect. Otherwise how do you think those syndicate earn your money???

Insider goreng the price up knowing that the QR will be bad. Same thing insider will push the price down if they know QR is going to be good. Vice versa

TP RM2 soon once MYEG Philippines fly off

What are you talking about? Notice of Person Ceasing Substantial Shareholders - AGRO TREASURES SDN. BHD. on 04-Nov-2019