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KLSE (MYR): MYEG (0138)

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Last Price

0.985

Today's Change

+0.025 (2.60%)

Day's Change

0.955 - 0.995

Trading Volume

78,870,900


68 people like this.

67,052 comment(s). Last comment by U1818 1 day ago

OrlandoWeb3AI

4,915 posts

Posted by OrlandoWeb3AI > 3 weeks ago | Report Abuse

Slowly slowly I try to digest

In the meantime will take your indicated TP for reference

Posted by CarolineTeoh > 3 weeks ago | Report Abuse

Wait it to hit RM1 again and that's for sure 😊

hng33

20,538 posts

Posted by hng33 > 3 weeks ago | Report Abuse

"Creating cross-border trust is of great importance, especially the verification of digital identity, credentials and documents. We would like to create a trusted data channel, together with MYEG, to facilitate the international cooperation between China and Malaysia and the rest of the world in the digital age," said Xiaoyu You, Head of International Cooperation Department of the Institute of Industrial Internet & IoT, China Academy of Information and Communications Technology ("CAICT"), which is responsible for the development, execution and implementation of Xinghuo BIF.

Leveraging on the unparalleled advantages of blockchain technology, the new ZCert service provides a more advanced, convenient, reliable and secure method of verifying identity information in real-time, thus bringing a more pleasant overall experience to identity holders and verifying entities alike when compared with conventional credential verification methods

Our Chinese digital ID application combined with Malaysia’s national ID and world ID and future sovereign IDs make ZCert the most comprehensive global digital ID solution

U1818

720 posts

Posted by U1818 > 3 weeks ago | Report Abuse

【FB Page - Friends of MYEG】

Blockchain meets supply chain! 🚛✨

Congratulations on the launch of Halal Toyyiban Logistics, powered by Halal Traceability—a collaboration by MDEC, Intelligence Traceability Sdn Bhd, and Biforst Group.

With Halal Traceability, consumers can now access accurate, untampered product info, ensuring halal integrity from farm to plate - supported by Zetrix.

hng33

20,538 posts

Posted by hng33 > 3 weeks ago | Report Abuse

The Board of Directors of the Company wishes to announce that Zetrix, a layer 1 public blockchain, announced today an exclusive partnership outside China with Astron-Xinghuo BIF, the international chain of China’s national public permissioned blockchain under the Ministry of Industry and IT, to jointly offer and promote applications for Digital IDs of Chinese nationals and business entities, a service that enables real-time fraud-proof identity verification

hng33

20,538 posts

Posted by hng33 > 3 weeks ago | Report Abuse

“Digital IDs issued as Verifiable Credentials will usher in the next wave of innovation and
introduce the first billion users to the Web 3 ecosystem. With the endorsement and use
by various Governmental organisations, we expect Digital IDs to be the killer application
for Web3," said Zetrix co-founder TS Wong.

hng33

20,538 posts

Posted by hng33 > 3 weeks ago | Report Abuse

Creating cross-border trust is of great importance, especially the verification of digital
identity, credentials and documents. We would like to create a trusted data channel,
together with MYEG, to facilitate the international cooperation between China and the
rest of the world in the digital age.,” said Mr You Xiaoyu, Head, International Department
of Astron

hng33

20,538 posts

Posted by hng33 > 3 weeks ago | Report Abuse

The addition of Chinese digital ID verification serves to further reinforce the Zetrix
ecosystem as the most comprehensive global ID solution.
Besides digital IDs of Chinese individuals and businesses, Zetrix, together with the MYEG
Group as a whole, is also a key partner in the provision of Malaysia's national ID solutions and the roll-out of WorldID

hng33

20,538 posts

Posted by hng33 > 3 weeks ago | Report Abuse

MyEG’s Zetrix platform to offer digital ID services to China nationals and business entities for overseas verification
https://theedgemalaysia.com/node/737414

hng33

20,538 posts

Posted by hng33 > 3 weeks ago | Report Abuse

ASTRON始终致力于构筑跨境互信体系
1. 构建国际关系网络,建立国际生态阵地。构建包含国际组织、国际企业、国际专家在内的国际关系网络,同时依托ITU、IEEE等标准化组织以及DIF、TOIP等国际技术与产业联盟,构建星火生态国际阵地,推动技术、产业侧交流合作

2. 全面推动星火生态“走出去”。基于“星火·链网”节点网络的国际化部署,构建国际合作机制、桥梁,推动星火技术及应用体系、星火生态企业等走出去、启动ASTRON伙伴计划等

3. 打造基于ASTRON的国际化联盟生态,构筑跨境互信体系。基于节点网络部署,建立跨境多可信主体的ASTRON数据核验联盟,为不同国家机构用户、个人用户提供数据&凭证核验服务。基于分布式数字身份服务,建立ASTRON可信发证方联盟,进一步增进跨境互信

中国信通院高度重视国际化发展并积极构建国际生态。依托G20、金砖、上合、中国-东盟、一带一路等国际合作机制,“星火·链网”通过已建设的国际超级节点(马来西亚 (myeg)、澳门),超级节点(厦门、柳州),以及骨干节点(山东胶州、广州横琴)等,充分发挥节点地区业务特色,赋能跨境数字贸易和跨境数据流通,面向东盟、上合、金砖等国家提供国际化服务

1pingpong

819 posts

Posted by 1pingpong > 3 weeks ago | Report Abuse

well well well...RM1 is coming...

SS13

169 posts

Posted by SS13 > 3 weeks ago | Report Abuse

Good stock to have in portfolio. Growing business in Malaysia, China and Philippines. Zetrix will bring it to next level.

paktua73

18,447 posts

Posted by paktua73 > 3 weeks ago | Report Abuse

morning..
from lower rm0.865 now above rm0.92..
its same pattern repeat back..

base on last lower=rm0.865(T-14 cycle)
RP projection set at rm0.86
RP+ve
RP+80=rm0.90
RP+120=rm0.92
RP+180=rm0.95
RP+240=rm0.98
RP+300=rm1.01
so critical barrier is RP+180..
if break we will see rm1..



tut tut
who want paktua swing RP update
can sent request as below
find paktua at tele @swingdarkred73

paktua73

18,447 posts

Posted by paktua73 > 3 weeks ago | Report Abuse

base on latest Higher=rm0.96(T-14 cycle)
RP projection set at rm0.96
RP+ve
RP-80=rm0.92
RP-120=rm0.90
RP-180=rm0.87
RP-200=rm0.86
RP-240=rm0.84

so critical barrier is RP-120..
if break..
we will see back rm86..



tut tut
who want paktua swing RP update
can sent request as below
find paktua at tele @swingdarkred73

hng33

20,538 posts

Posted by hng33 > 3 weeks ago | Report Abuse

💪

trader808

318 posts

Posted by trader808 > 2 weeks ago | Report Abuse

1.Can someone who is still in school, green and ignorant with no investment knowledge and experience, knows nothing, does nothing but journey unknowingly into becoming a millionaire via Bursa without lifting a finger.? Let’s examine.

2 If you are like John who is born in a huge family and receives great angpows from generous paternal and maternal grandparents, uncles and aunties, siblings and parents, then it is not highly improbable

3 Assume that John was born in 2000 and in 2006 he was 6 years old and had successfully received Rm13,750 in ang pow money.

4. In that same year MYEG was listed on Bursa and the IPO price was 55 sen and his father had acquired 25,000 shares in MYEG on his behalf,( RM13750 / 0.55)

5 In 2023 John is 23 years old, still studying and preparing for his final exam for his degree at a university. Over the years, unknown to him his investment had multiplied and grown in this manner.

6 In 2006 John started with and owned 25,000 shares

7 In 2007 myeg had a 1 for 1 bonus issue corporate
exercise to reward its shareholders. The number of shares increased to 50,000 shares.

8 In 2008 myeg had a 6 for 5 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 50,000 + (50,000 /5 x6) = 110,000 shares

9.Again in 2014 myeg had a 1 for 1 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 220,000 shares.

10.Again in 2015 myeg had a 1 for 1 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 440,000 shares.

11.Again in 2016 myeg had a 1 for 2 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 440,000 +( 440000/2 ) = 660,000shares.

12. Again in 2021 myeg had a 1 for 1 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 660,000+ 600,000 = 1.2m shares.

13.From 2006 to 2023, in a span of 17 years his shares had grown from 25,000 to 1.2m shares. MYEG closed at 95 sen today. The value of his portfolio is 1.2m x 0.95 = RM1,140,000.

14. Now let us come back to our question;
Can someone who is still in school,green and ignorant with no investment knowledge and experience, knows nothing, does nothing but journey unknowingly into becoming a millionaire via Bursa without lifting a finger.? Let’s examine.

15. If you are John, THE ANSWER IS A RESOUNDING YES.
16 Incidentally, you may be interested to know the enlarged share capital of MYEG upon listing in 2007 was 126,250,000 shares and at 55 sen IPO price the market capital was a tiny RM 69,437,500.

17 Today, with all the corporate exercise and bonus issues, the number of issued share capital of MYEG had enlarged to 7.63b shares. And at the closing price of 95 sen the market cap is RM 7.25b. That’s incredible.

18 It is hoped that this posting has inspired you and it is intended for sharing, learning and earning together.

19. Happy Trading
14/12/2024

Note: source of bonus issues are taken from KLSE Screener - capital changes.

Scott Tan

92 posts

Posted by Scott Tan > 2 weeks ago | Report Abuse

tomorrow might touch rm1

Posted by CarolineTeoh > 2 weeks ago | Report Abuse

I'll be happy already if MYEG can touch RM1 before 2025

flytothemoon

4,841 posts

Posted by flytothemoon > 2 weeks ago | Report Abuse

short seller keep buying back, now 0.13% left only

hng33

20,538 posts

Posted by hng33 > 2 weeks ago | Report Abuse



ImCK

3,466 posts

Posted by ImCK > 2 weeks ago | Report Abuse

1.3billion china population to use zetrix as international ID kaya kaw kaw

ImCK

3,466 posts

Posted by ImCK > 2 weeks ago | Report Abuse

if all asean goverment use zetrix to simplify kastam procedure
express lane then zetrix profit very scary already

U1818

720 posts

Posted by U1818 > 2 weeks ago | Report Abuse

Against the backdrop of continued outflow of foreign capital, according to MIDF Fund Flow Report dated 16-12-2024, foreign capital was a net buyer of MYEG in November。
It was also a net buyer in the past two weeks.

hng33

20,538 posts

Posted by hng33 > 2 weeks ago | Report Abuse

Fundamentallt, myeg derive triple source of income
1. Malaysia concessions and its related commercial service, earning MYR

2. Cytomarket through selling zetrix token, denominator in USD

3. Serivce fee ZID, Ztrade, Zcert, earning renminbi

U1818

720 posts

Posted by U1818 > 2 weeks ago | Report Abuse

Ya, MYR, USD, RMB all sapu, apa lagi mahu !!

paktua73

18,447 posts

Posted by paktua73 > 2 weeks ago | Report Abuse

morning..
many ask paktua why paktua dare to set next destination for paktua at rm1.14?..
why now?
its possible reach again rm1.14?

ans:
paktua see when myeg dare to jump in on crypto coin and next year is crypto season..
with hype demand when world coin set by myeg
its show how fast growing demand on coins
(Zetrix coin will in layer 1 in block chain)
who involved in crypto trade will well known on this...

with fast growing lead by us crypto main promoter
paktua jangka myeg will back on 2018 Glory.


tut tut
not possible to see again rm1.50 by march 25

paktua73

18,447 posts

Posted by paktua73 > 2 weeks ago | Report Abuse

base on last lower=rm0.865(T-14 cycle)
RP projection set at rm0.86
RP+ve
RP+80=rm0.90
RP+120=rm0.92
RP+180=rm0.95
RP+240=rm0.98
RP+300=rm1.01
now myeg pass critical barrier RP+180..
and touched RP+240..
ini show good sign for next rally hopefully this week
we can see again above rm1.00..


tut tut
hopefully can break RP+240 this week

paktua73

18,447 posts

Posted by paktua73 > 2 weeks ago | Report Abuse

Paktua pick myeg base on Zetrix

like hng33 was postings good info regarding Zetrix

this ringkasan yang paktua dapat kupaskan..

Zetrix Coin by MyEG
- Zetrix is a blockchain initiative launched by MyEG, focusing on creating a layer-1.
- Public blockchain that offers interoperability with China's national blockchain initiative, the Blockchain Service Network (BSN).
- Zetrix is designed to facilitate cross-border trade and transactions, offering solutions for identity verification, smart contracts, and other decentralized services.

Key Features of Zetrix:-

1. Cross-Border Interoperability:
- It integrates with BSN to allow seamless connectivity between businesses in China and other countries.

2. Enterprise-Focused:
- Zetrix aims to enable enterprises to adopt blockchain solutions more efficiently.

3. Real-World Utility:
- The project targets use cases like supply chain management, digital assets, and trade documentation.

Impact of Trump's Tariff War on Zetrix in 2025:

-Trump’s trade policies have historically emphasized tariffs and protectionism, which can disrupt global trade patterns.
- In 2025, the impact on Zetrix's growth could depend on several factors: -

1. Increased Demand for Blockchain in Trade:
- Tariffs and trade restrictions may encourage businesses to seek efficient cross-border solutions like Zetrix for transparency and cost reduction.

2. Partnership with China:
- If MyEG maintains its partnership with BSN, Zetrix could thrive as it serves as a bridge between countries, especially during trade uncertainties.

3. Adoption Challenges:
- Escalated tariffs could lead to economic slowdowns, potentially limiting businesses' budgets for blockchain integration.

- Overall, Zetrix's growth in 2025 will likely depend on its ability to provide practical solutions for businesses navigating the complexities of global trade amidst geopolitical tensions.
- Its role in trade facilitation could be significant in such an environment.


tut tut
with focus investor now more to crypto from BtC, Altscoin to Memecoins
whit more exposure on crypto exchange ..
paktua jangka myeg will has good rally on 2025.

ImCK

3,466 posts

Posted by ImCK > 2 weeks ago | Report Abuse

zetrix already using for beauty election imagine if country election using zetrix as solution https://www.zetrix.com/zetrix-blockchain-to-include-global-citizens-votes-in-beauty-pageant/

paktua73

18,447 posts

Posted by paktua73 > 2 weeks ago | Report Abuse

MYEG
RP projection base on T-14 cycles..

base 0n 29hb Nov 24 lower at rm0.865:
- T-14 count from 27hb nov but lower on T-14..
is on 29hb Nov 24 at rm0.865..
for RP+ve paktua set at rm0.86.

RP+ve
base on lower at rm0.86

RP+80=rm0.90
RP+120=rm0.92
RP+180=rm0.95
RP+240=rm0.98
RP+300=rm1.01
RP+460=rm1.09
RP+600=rm1.16
RP+760=rm1.24
RP+900=rm1.31

RP-ve
base on Higher today(16hb Dec 24)at rm0.98

RP-80=rm0.94
RP-120=rm0.92
RP-180=rm0.89
RP-240=rm0.86
RP-300=rm0.83

T-14 RP Formula
RP+ve :
- need find lowers position in T-14 Range cycle

RP-ve :
- need find higher position on last T-14 days cycle

tut tut
if still sustain on RP+180(RP+ve Projection)..
then MYEG will test RP+240 again.
if break RP+180 then will back on RP-180(on RP-ve projection)

ignissimia

1,058 posts

Posted by ignissimia > 2 weeks ago | Report Abuse

I made a calculation error in the projected EPS2024 used in my posting yesterday which I have deleted bcos of the mistake. It should be 9.519 (not 11), derived as following:

1Q to 3Q Earnings + 4Q Estimated Earnings = 516.304m + 210m = 726.304m
726.304m ÷ 7630m = 0.09519
12 × 0.09519 = 1.142, ie. RM1.14

Below the corrected posting...
If the market starts to accept MYEG as a growth stock, then conservatively with an undemanding PE of 12 and projected EPS2024 of 9.519, the price should be ~1.14. Both these 2 metrics will continue to be revised upwards if and as results maintain their rising trajectory. If TS Wong's reading of the future is on the mark, then we are sitting on a goldmine.

paktua73

18,447 posts

Posted by paktua73 > 2 weeks ago | Report Abuse

morning..
alert yer myeg already break RP+180 yesterday..
if today cannot back above rm0.96 then red will arrive


tut tut
alert at RP-80 if break we see again below rm0.90

mf

29,440 posts

Posted by mf > 2 weeks ago | Report Abuse

Dow Jones

Dow Jones Industrial Average

42,805.71

-644.19

1.48%

Nasdaq

NASDAQ Composite

19,610.47

-498.59

2.47%

Posted by CarolineTeoh > 2 weeks ago | Report Abuse

MYEG retraces together with Bitcoin price 😏

flytothemoon

4,841 posts

Posted by flytothemoon > 2 weeks ago | Report Abuse

go for ytl already earn 17%, myeg still a mygg,lol

U1818

720 posts

Posted by U1818 > 1 week ago | Report Abuse

According to MIDF Fund Flow Report on 23-12-2024, MYEG was the stock with the highest weekly net inflow from foreign investors.
Summary:
Nov 2024 - Net Inflow
Dec 2024 Week #1 - Net Inflow
Dec 2024 Week #2 - Net Inflow
Dec 2024 Week #3 - Net Inflow

Posted by CarolineTeoh > 1 week ago | Report Abuse

Blackrock is buying ?

Collin Soo

897 posts

Posted by Collin Soo > 1 week ago | Report Abuse

@U1818, but the price cannot move up north? Hope it can perform in Y2025.

U1818

720 posts

Posted by U1818 > 1 week ago | Report Abuse

https://medium.com/@zetrix.official/applying-blockchain-to-halal-traceability-b99320bd833a

Applying Blockchain to Halal Traceability
Halal traceability has been a key concern for consumers, businesses and regulators in the modern era, as it ensures all products meet the required halal standards throughout the entire supply chain. With blockchain’s transparency, security and decentralised nature, it’s able to provide an effective solution for improving halal traceability.

Posted by Invest23 > 1 week ago | Report Abuse

CycleX had partnered with MYEG to launch the Real World Application (RWA) Fund. But the details are too limited.

Besides, don't expect too much from the HK Crypto ETF. The previous quarter briefing already mentioned that HK Sec/Gov doesn't want to be the first launch of a mixed crypto ETF since they want to wait for the US to innovate it. Don't expect too much on the HK Crypto ETF since the market is not friendly for crypto ETFs at this moment. You may research the transaction volume, charging fees, and ETF Size.

alex88

13 posts

Posted by alex88 > 1 week ago | Report Abuse

I am confused why is TS Wong selling if biz so good?

Posted by Invest23 > 1 week ago | Report Abuse

alex88, this is a very good question. Mr Wong Thean Soon and his private company Asia International total sold around 130 million shares after this year's August. In this year, Mr Wong reduced 80 million of shares from his direct and indirect.

There may be several reasons such as:
- Stock pledge
- Being overvalued
- Poor result for the next few quarters
- Poor outlook and guidance

I guess it is due to the stock pledge.

speakup

27,248 posts

Posted by speakup > 1 week ago | Report Abuse

TS Wong know something u and i dont.

flytothemoon

4,841 posts

Posted by flytothemoon > 1 week ago | Report Abuse

myeg suddenly disappeared from net short position company already, cant find their name

ignissimia

1,058 posts

Posted by ignissimia > 1 week ago | Report Abuse

It's stocks pledged to financier

Posted by CarolineTeoh > 3 days ago | Report Abuse

One belt one road part 2

Eagle77

7,127 posts

Posted by Eagle77 > 3 days ago | Report Abuse

SUPERMAX TP BY JANUARY 2025 : 2.00 - 2.50 ✅ before Trump sworn in as president 😆🚀🚀🚀

U1818

720 posts

Posted by U1818 > 1 day ago | Report Abuse

https://www.marc.com.my/rating-announcements/marc-ratings-affirms-myegs-aa-is-rating-2/

MARC Rating Report dated 23-12-2204:

MYEG also derives rental income from its foreign worker hostels. Currently, it has a hostel in Selangor and another in Melaka, housing 400 foreign workers each. MYEG also has four upcoming hostel projects, two in Selangor (Sungai Buloh – 1,500 pax), (Rawang – 1,500 pax), one each in Johor (Tanjung Langsat – 8,000 pax) and Penang (Batu Kawan – 8,000 pax). Cumulatively, this segment is expected to contribute around RM56.0 million p.a. to revenue upon commercialisation in FY2026.

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