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4 comment(s). Last comment by KLCI King 2018-06-04 23:22

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.

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?

KLCI King

3,220 posts

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.

KLCI King

3,220 posts

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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