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KLSE (MYR): MYEG (0138)

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Last Price

0.865

Today's Change

-0.015 (1.70%)

Day's Change

0.865 - 0.885

Trading Volume

43,978,500


68 people like this.

66,988 comment(s). Last comment by AllIsVanity 1 day ago

icecool

5,047 posts

Posted by icecool > 1 week ago | Report Abuse

wow excellent QR

Posted by Invest23 > 1 week ago | Report Abuse

These are very normal quarter results. There was no huge growth for its Zetrix service, especially since ZTrade launched. Zetrix's revenue went from RM82.765 million in Q2 to RM84 million this quarter.

This quarter PAT has a one-time gain from HTPADU. After being excluded, the PAT in this quarter amounted to RM170.36 Million, compared to RM165.34 Million in Q2.

Posted by Invest23 > 1 week ago | Report Abuse

I agree that the result of Q4 will be stronger, but I don't agree with the number of token sales, because I found that the total of supply tokens is not directly equal to the sale of tokens. If the 200 million in token sales is true, I believe that MYEG's profit will be multi-million in every quarter and not just around a million. Besides, I saw on the circulating supply, whitepaper and the schedule of Zetrix, that they mentioned that the total supply is not just coming from private or public sales.

https://support.coinmarketcap.com/hc/en-us/articles/360043396252-Supply-Circulating-Total-Max-
https://docs.zetrix.com/zetrix-whitepaper/

hhhiii123

824 posts

Posted by hhhiii123 > 1 week ago | Report Abuse

just hold and ignore all kind of random movement, the counter will rocket one day

abidinaa

99 posts

Posted by abidinaa > 1 week ago | Report Abuse

That's exactly what I'm waiting for. The day it will rocket to Infinity and Beyond.

sheldon

1,425 posts

Posted by sheldon > 1 week ago | Report Abuse

So will the counter fly tom?

Posted by Tryingtogetrich > 1 week ago | Report Abuse

Invest23 … where did u get the zetrix revenue figure of 84 million for this quarter ?

Posted by Sweetchocalates > 1 week ago | Report Abuse

why the qr report is so fishy. almost every quarter profit margin is so high and consistently up but cash flow so low have to rely on sukuk lol. I dont know myeg business much. any long term myeg investor come explain.

Posted by AllIsVanity > 1 week ago | Report Abuse

Ground Control to Major Tom
Ground Control to Major Tom
Take your protein pills and put your helmet on
Ground Control to Major Tom (ten, nine, eight, seven, six)
Commencing countdown, engines on (five, four, three, two)
Check ignition and may God's love be with you (one, lift off)

Posted by Sweetchocalates > 1 week ago | Report Abuse

@hng33 thanks bro for the summary.

Noni

742 posts

Posted by Noni > 1 week ago | Report Abuse

This is like Amazon

Posted by Invest23 > 1 week ago | Report Abuse

Tryingtogetrich. You may refer to the quarter report section - A8—segmental Information.

abidinaa

99 posts

Posted by abidinaa > 1 week ago | Report Abuse

I gibab la. Too many shares in the sucker bilis hands. It's going nowhere. I take 4.5k duit kopi only.

abidinaa

99 posts

Posted by abidinaa > 1 week ago | Report Abuse

And too many shorties kacau.

stevenckheng

1,353 posts

Posted by stevenckheng > 1 week ago | Report Abuse

MYEG still got what core business? Our government launching their own apps and sop to reduce the reliance on the third party.

Posted by CarolineTeoh > 1 week ago | Report Abuse

Today we are fighting the shorties ? 😃

fair2play

25 posts

Posted by fair2play > 1 week ago | Report Abuse

MYEG should have adjusted to RM1, the least, on opening bell, given the super charge Bitcoin and other crypto token or ETF in the world now. But, its climb is half dead. The old and self serving system must change. Reward good results. Punish bad results. That is how USA stock markets work and its people become prosperous and happy. Be open minded when seeing old aunties uncles, unemployed ones can make pocket money from stocks for living

fair2play

25 posts

Posted by fair2play > 1 week ago | Report Abuse

...We just have to be extra patience for next 1 to 2 days more. I will sell off and get out . USA stocks are more interesting and predictable.

Posted by AllIsVanity > 1 week ago | Report Abuse

三年之後又三年, 三年之後又三年!十年都嚟緊頭啦老細!

Rocket launch failed again, wait for next quarters.

icecool

5,047 posts

Posted by icecool > 1 week ago | Report Abuse

every time myeg go up all the haters will pop out of their cave and talk shit.

Tenka226

157 posts

Posted by Tenka226 > 1 week ago | Report Abuse

Excellent Q3 performance. MYEG is supposed to be above RM1 now

duatlai

280 posts

Posted by duatlai > 1 week ago | Report Abuse

@hng33, terima kasih

keepup

123 posts

Posted by keepup > 1 week ago | Report Abuse

No big fund like epf kwap support price difficult to go up!

Income

12,517 posts

Posted by Income > 1 week ago | Report Abuse

masak katak plahan lahan Tahutak?

flytothemoon

4,838 posts

Posted by flytothemoon > 1 week ago | Report Abuse

ya, semasa rasa sudah masak, sudah tak sempat, sebab sudah jadi millionaire sibuk kira wang sahaja

Income

12,517 posts

Posted by Income > 1 week ago | Report Abuse

Betul Betul masak katak Plahan lahan ya!

1pingpong

771 posts

Posted by 1pingpong > 6 days ago | Report Abuse

Many people buy today, expect next week up.

mf

29,216 posts

Posted by mf > 5 days ago | Report Abuse

US stock futures fall as Trump tariff threat spooks investorsInvesting.com- U.S. stock index futures fell on Monday evening after President-elect Donald Trump threatened to impose higher import tariffs on China, Cana

Posted by CarolineTeoh > 5 days ago | Report Abuse

Zetrix will be a main driver for MyEG next year. Go Trump 😁

Posted by ValueMaker > 4 days ago | Report Abuse

Myeg cash flow:

Fy2023
Earn: 503m
Spent: 791m (mostly go to development cost + digital asset)
Debt: increase 402m (for dividend + operating)


Fy2022
Earn: 303m
Spent: 522m (mostly go to development cost + digital asset
Debt: increase 301m (for dividend + operating)


One day if bubble burst, how much the intangible things worth? But the debt is real & exists !

白粉的风险,白菜的利润 ~

Squirtle

805 posts

Posted by Squirtle > 4 days ago | Report Abuse

Tech up
Myeg no up ah

fair2play

25 posts

Posted by fair2play > 4 days ago | Report Abuse

I have sold off all MYEG at its last 3 day high at 92, 92.5 sen. I bought at 88 sen and held it for 1 month. Is it a good investment. My answer is "NO". When a company announces record breaking profits and is in a sunrise business, its share prices should be adjusted upward instantly with force and conviction. In MYEG case, i expected its to shoot up IMMEDIATELY if not within 3 trading days to RM1. Alas, a hope for a mere 10 sen up is what i call it now "sequeezing blood from the stone" . Why ? The few privileged sitting up there just systematically refuse to let people ( who work hard to do research and risk capital for risk adjusted return ) including old uncles, aunties, pensioners, unemployed, create wealth from making money from MYEG stocks . Massive dumping and scooping of MYEG shares between left hand and right hand, and huge blocks of bids and asks were placed out to frighten away genuine buys . MYEG did not even tough 93 sen......

fair2play

25 posts

Posted by fair2play > 4 days ago | Report Abuse

...If you have bought US stocks lately, you will certainly understand what i mean. Many of Asians are drawing out money and are buying USA stocks, which can shoot up 10% - 30% in single day in predictable patterns...

fair2play

25 posts

Posted by fair2play > 4 days ago | Report Abuse

....So, your money have a value and value is a factor of time. Don't put so much hope on this kind of looped side unfair trading rules have been very obvious in MYEG trading patterns.

speakup

27,077 posts

Posted by speakup > 3 days ago | Report Abuse

In bursa only loss making company can up after QR. Myeg profit so drop. Petchem, Ytlp, Cmsb loss so up

speakup

27,077 posts

Posted by speakup > 3 days ago | Report Abuse

@fair2play next time buy QR loss company. Sure up

metaverse

26 posts

Posted by metaverse > 3 days ago | Report Abuse

According to this article, MYEG (0138) went from net cash to net debt so it is red flag number one. The business model of MYEG is very similar to Pharma (7081) which is highly dependent on government concession so this is red flag number two. Those retired uncle who missed the bus to Genting Highland please ignore this counter and find something else to play as the road ahead for MYEG will be very bumpy (白粉的风险,白菜的利润).

Are Malaysian companies overleveraged?
PRIOR to the Covid-19 pandemic, which broke out in early 2020, no one would have imagined that Pharmaniaga Bhd could slip into Practice Note 17 (PN17) — the category for financially distressed companies on Bursa Malaysia. The company seemed to be on solid ground with its concession business as the main pharmaceutical vendor to supply products required by the government.
https://theedgemalaysia.com/node/671843

比特币十万不是梦
https://klse.i3investor.com/web/blog/detail/mindfullness/2024-11-25-story-h474815098

Income

12,517 posts

Posted by Income > 3 days ago | Report Abuse

Too much debts。How?

Tenka226

157 posts

Posted by Tenka226 > 3 days ago | Report Abuse

Slowly pay back the bank loans and reduce the admin cost lor

OrlandoWeb3AI

4,911 posts

Posted by OrlandoWeb3AI > 3 days ago | Report Abuse

YouTube is an intangible asset on Google's financial statements

OrlandoWeb3AI

4,911 posts

Posted by OrlandoWeb3AI > 3 days ago | Report Abuse

Facebook is an intangible asset on Meta's financial statements

flytothemoon

4,838 posts

Posted by flytothemoon > 3 days ago | Report Abuse

this counter really wasting time, good but never up, lol

Posted by Silent 88888 > 3 days ago | Report Abuse

already split so many ticket in the market
how to up

Posted by CarolineTeoh > 2 days ago | Report Abuse

So you suggest MYEG to do share consolidate, Silent 88888 ?

Posted by ValueInvestor888 > 1 day ago | Report Abuse

MYEG coin is not bitcoin. Investors still don't understand MYEG, myself included.
That is the reason its share price cannot move.

NorazmiAR

109 posts

Posted by NorazmiAR > 1 day ago | Report Abuse

According to the Simple Wall St analysis, the fair value for MYEG is RM2.26. That is almost three times the current price!!

NorazmiAR

109 posts

Posted by NorazmiAR > 1 day ago | Report Abuse

I believe MYEG is just waiting for a sudden jump in foreign fund radar. If you compare companies in Malaysia, not many are investing in future technology applications (Zetrix blockchain platform, ZTrade, ZCert and Digital ID, Web 3.0, crypto). There are not many companies even in Southeast Asia that can provide what MYEG is investing in. I would say MYEG is comparable to a tech company in the US that is investing in future applications (AI, crypto, data analytic).

If MYEG is listed in US, it will be priced more towards its fair value.

U1818

712 posts

Posted by U1818 > 1 day ago | Report Abuse

That's right, MYEG should spin off Zetrix and list it in the US market.

U1818

712 posts

Posted by U1818 > 1 day ago | Report Abuse

Also, the company should be renamed from MYEG【Malaysia E-Government】 to an international one so that the governments of Southeast Asian countries and other countries will be more receptive.

Posted by AllIsVanity > 1 day ago | Report Abuse

💎🙌

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