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4 comment(s). Last comment by KLCI King 2018-06-04 23:22
Posted by Ellen Ong > 2018-06-04 21:14 | Report Abuse
MyEG amassed many advantages to compete with any newcomers over the years.
If MYEG could get SST and new rehiring job, this counter will fly.
If current gov terminate all their contracts, this stock will plunge. But bear in mind, e gov is not their sole source of income. At this price, how much lower it could go?
Posted by KLCI King > 2018-06-04 23:21 | Report Abuse
monopoly in e gov is the main reason the Market valued MyEg 40times PE before the GE. What's MyEG left if without monopoly in e gov services?
Without monopoly position, MyEG will face cut throat competition from other service providers.
If without Grab, Uber will be the one who laugh everyday. With competition from Grab, Uber surrenderred itself in the competition.
Posted by KLCI King > 2018-06-04 23:22 | Report Abuse
Anyway, Nanyang TA analysis is rubbish, it is proven from all their past analysis, rubbish belong to rubbish bin, not here.
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CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
steve_usa
433 posts
Posted by steve_usa > 2018-06-04 19:26 | Report Abuse
More to come to nil those retail buyers....the best I give is 0.41-0.52 till end of March 2019.