Posted by LiimInvest > 2020-06-06 13:08 | Report Abuse

Kobethebeagle@right

Posted by LiimInvest > 2020-06-06 13:15 | Report Abuse

@kobethebeagle:-

Sinotop Holdings Berhad is engaged in the manufacture and distribution of men's apparel in Malaysia. It also trades in sports goods, sports wear, and sports equipment. In addition it purchases and develops land for investment and resale; and is engaged in property development. Sinotop Holdings also provides construction work services.

Posted by LiimInvest > 2020-06-06 13:17 | Report Abuse

My E.G. Services Berhad is engaged in the development and implementation of the electronic government services project; and the provision of other related services for the electronic government services project in Malaysia. It offers government to citizen (G2C) services comprising driving theory test bookings; issuance and renewal of licenses; electronic bill payment and payment; and online information services, which include traffic summons checking and electronic bankruptcy or liquidation status searches through its G2C portal, as well as through its kiosks. The company also provides government/enterprise solutions, such as software and enterprise solutions, system development, and maintenance services to various markets, including to driving schools, driving institutes, insurance companies, financial institutions, and law firms. In addition, it is involved in the provision of software solutions and maintenance services; e-insurance solutions and other insurance-related services; creating, implementing, and operating e-business activities, including electronic commerce delivery services, multimedia related activities, and other computerized or electronic services; and auto insurance intermediary services. The company was formerly known as My E.G. Dot Com Sdn and changed its name to My E.G. Services Berhad in April 2005. My E.G. Services Berhad was incorporated in 2000.

Posted by TopEarn1 > 2020-06-06 13:44 | Report Abuse

kobethebeagle, you are right to ask for assistance if you knew your TA is not as strong as others. But i can surely say one thing, once crisis come, TA will be the tools to disastrous. With your experience in stock market and talking so loud and so much, it just means that the quality of KLSE is not good. Please improve yourself before commenting, but of course, keyboard warrior will always wins, but I believe emtpy tin makes the loudest noise.

Nevertheless, with all the positive comments on MYEG on renewing the contract, I will just wait the event to be carved in stone.

Posted by kobethebeagle > 2020-06-06 15:14 | Report Abuse

TopEarn1 you can insult or condemn all you like, we are here to share opinions and facts, I have presented mine, up to people here to continue the research.
If you think by insulting and condemning others will make yourself feel good and better than others, please go ahead. Keyboard warrior.

Posted by kobethebeagle > 2020-06-06 15:17 | Report Abuse

@liimInvest Agree, Sinotop don't have much experience in tech field, previously they are fabric company. It is dangerous to give goverment data to inexperience company, plus they JV with China company, which is not a good partner for goverment project.

Posted by Khoo810 > 2020-06-06 15:31 | Report Abuse

Epf and kwap also selling myeg lately.

Posted by cra2yshyan > 2020-06-06 15:54 | Report Abuse

Suddenly dsonic macam dont stand a chance anymore

Posted by kobethebeagle > 2020-06-06 15:54 | Report Abuse

EPF has roughly 170mil units share in MYEG, the amount they sell now is peanuts..EPF and KWAP always buy and sell stocks in various companies.

Posted by LiimInvest > 2020-06-06 15:55 | Report Abuse

Kobethebeagle@ we hold it & trust us.

Posted by LiimInvest > 2020-06-06 16:07 | Report Abuse

Doesn’t mean “EPF “disposed that company because of bad or going to die , EPF also disposed Top Glove & Penta Master etc. EPF need cash to turn around.

Posted by skybursa > 2020-06-06 16:28 | Report Abuse

Government contracts contribute only 20% of revenue and in the future it will gradually decrease coz MYEG management knows about the risks involved. That's why they are pursuing overseas business(Indonesia, Philippine) and bidding for a local digital banking license. All this are positive developments.

Posted by skybursa > 2020-06-06 16:30 | Report Abuse

Most of MYEG overseas expansion are partnerships with the locals government which make it easier secure more future contracts.

Posted by ocpd > 2020-06-06 16:44 | Report Abuse

The other 80% myeg revenue not from gov contract is still from gov related services, which depend in its monopoly contracts as well.

Posted by hero666 > 2020-06-06 18:24 | Report Abuse

https://www.theedgemarkets.com/article/sinotop-board-mypay-take-myeg

Posted by cheng3333 > 2020-06-06 19:29 | Report Abuse

SINOTOP's boss is from CHINA. fat chance to get e government contracts. the security of data is top concern.

Posted by Ahmadahmad88 > 2020-06-06 19:36 | Report Abuse

Asyik sinotop, jangan lupa htpadu.

Posted by ironrobe3388 > 2020-06-06 19:52 | Report Abuse

the government has not tendered the expired e services yet.IT means the government is still useing MYEG solutions for at least one year.

Posted by ironrobe3388 > 2020-06-06 20:01 | Report Abuse

the government is cash strapped because of the covid19. proven solution of tax revenue collection is important. the government will keep using MYEG for at least few more years.

Posted by LiimInvest > 2020-06-06 21:51 | Report Abuse

You are right

Posted by stocksyndicate > 2020-06-06 22:52 | Report Abuse

In Malaysia business is all about financial strength and connection. You think sinotop are better or Myeg?

Posted by LiimInvest > 2020-06-06 23:12 | Report Abuse

MYEG

Posted by viva20 > 2020-06-07 00:36 | Report Abuse

The contract already extended until 30/6, would not got any problems. Share price will be up soon. Don't miss this chance to collect MYEG.

Posted by PH_better > 2020-06-07 03:41 | Report Abuse

No wonder extend until 30th June. Sinotop to takeover from July?

Posted by viva20 > 2020-06-07 03:55 | Report Abuse

从6月22日起，数码网络（DiGi.Com Bhd）、MyEG服务（MY E.G. Services Bhd）和速柏玛（Supermax Corp Bhd）加入富时马交所回教教义指数

Posted by viva20 > 2020-06-07 03:56 | Report Abuse

For the FTSE Bursa Malaysia Hijrah Shariah Index, new additions are Digi.com Bhd, MyEG Services Bhd and Supermax Corp Bhd.

As a result, AirAsia Group Bhd, SP Setia Bhd and UMW Holdings will be deleted from the FTSE Bursa Malaysia Hijrah Shariah Index, said Bursa.

All constituent changes take effect on June 22, with the next review taking place in December.

Posted by Isabelle > 2020-06-07 08:38 | Report Abuse

Economy Recovery Plan*

*Positive:*
1. Property (SP Setia, Sime Prop & IOI Prop)
• Stamp duty exemption
• Individual RPGT abolished
• Current 70% margin of financing limit will be lifted

2. Auto (BAuto, CCB, DRBHICOM, MBM Resources, Tan Chong Motor & UMW)
• Full sales tax exemption on locally assembled cars
• 50% sales tax exemption on imported cars

3. Tourism (GENM, Genting Berhad, Only World Group, & Shangri-La Hotels)
• Tourism tax exemption
• Extension of service tax exemption for hotels
• Extension of period for income tax relief
• Extension of period for deferment of tax instalment payment for tourism industry

4. Commodity Sector (Plantation Stocks)
• Support the commodity sector through 100% export duty exemption

5. mTouche, MyEG, & Pharmacy-related stocks
• Tax deduction or capital allowance for COVID-19 related expenses, such as Covid-19 testing, Purchase of PPE and thermal scanners

6. Healthcare providers (KPJ, IHH, and TMC LIFE)
• The government will double the existing healthcare allocation for the PEKA B40 Programme

*Negative:*
7. Accelerated Payment Terms for Government-Linked Companies and Large Corporates’ Supply Chain
• Axiata and TM have reduced payment terms for selected vendors from 45 days to 14 days
• TNB has a 7-days payment process
• PETRONAS launched the Vendor Financing Programme in collaboration with nine banks, to facilitate vendor verification and reduce approval time. In the past few months in particular, PETRONAS has accommodated payment arrangements that have enabled vendors to stay afloat.

Posted by LiimInvest > 2020-06-07 09:43 | Report Abuse

Sinotop Holdings Berhad is engaged in the manufacture and distribution of men's apparel in Malaysia. It also trades in sports goods, sports wear, and sports equipment. In addition it purchases and develops land for investment and resale; and is engaged in property development. Sinotop Holdings also provides construction work services.

How can Sinotop can takeover MYEG? Sinotop strength n background. FYI

Posted by iHunter > 2020-06-07 10:01 | Report Abuse

Good news!!!
I just got this news yesterday from the market which they have been keeping quiet since last week to allow them to accumulate last week.

FDA Grants Authorization for First Rapid Antibody Test for COVID-19 used by MYEG:

https://www.fda.gov/media/138435/download


All companies now can claim up to RM150 subsidy from the government for the test kits.

I wonder what will happen to this counter next week which have better profit margin than Top Glove.

Enjoy your weekend and start to change your Automated Machine to acquiring mode next week.

Posted by Isabelle > 2020-06-07 10:46 | Report Abuse

Sinotop and htpadu, please go away haha

Its MYEG's turn now

Posted by weesiong91 > 2020-06-07 10:52 | Report Abuse

hi hunter
the FDA test for covid 19 have related myeg？
and the link announcement is 29 may

Posted by J7 > 2020-06-07 13:22 | Report Abuse

@iHunter
MYEG test kits was approved by FDA under submission PEUA200083 (dated 13 March 2020) under China company named Getein Biotech, Inc.

refer link:https://app11.myeg.com.my/CVKit/images/CV%20product%20info.pdf

Posted by chan8 > 2020-06-07 13:22 | Report Abuse

Good News?
https://www.chinapress.com.my/20200607/%e5%91%98%e5%b7%a5%e5%8f%af%e5%90%a6%e4%ba%ab%e7%a4%be%e9%99%a9%e6%a3%80%e9%aa%8c%e8%ae%a1%e5%88%92-myeg%e6%8f%90%e4%be%9b%e4%b8%80%e7%ab%99%e5%bc%8f%e6%9f%a5%e8%af%a2/

Posted by LiimInvest > 2020-06-07 13:29 | Report Abuse

KUALA LUMPUR (June 7): MyEG Services Bhd has launched a one-stop portal for Covid-19 screening, a service aimed at helping the government monitor and accelerate the testing of workers in Malaysia.

In a statement, MyEG said the one-stop portal serves as an alternative channel for employers in the country to register and schedule Covid-19 screening for their workforce in conjunction with the Social Security Organisation’s (Socso) Prihatin Screening Programme.

MyEG said through a partnership with a panel of approved clinics, the company will arrange for screening to be conducted on-site at employers’ premises by trained medical practitioners adhering fully to Ministry of Health (MoH) guidelines.

It said upon the completion of screening, workers will be issued a QR code-based digital certificate on a mobile application by MyEG which will serve as proof of testing recognised by the Ministry of Human Resources.

“In addition, relevant data from the one-stop portal on the screening of workers will be provided to the ministry to enable its monitoring and enforcement activities to be carried out more effectively.

“In this connection, employers whose workforce has already undergone testing are encouraged to voluntarily declare their status on the portal to ensure the ministry can be updated accordingly,” it said.

Last Friday, MyEG fell 3.88% or five sen to RM1.24, with a market capitalisation of RM4.47 billion.

Stay at home. We will deliver the news to you at theedgemarkets.com.

Posted by EDINVESTOR > 2020-06-07 15:44 | Report Abuse

2 major shareholders MYEG owned more than 5 % htpadu. Permodalan national bhd owned 15% of htpadu. The chances of the securing the contract is very high because it benefits bumiputera fund

Posted by weesiong91 > 2020-06-07 16:06 | Report Abuse

chan 什么好消息？

Posted by J7 > 2020-06-07 16:06 | Report Abuse

Myeg+S5+Htpadu for NIIS?

Posted by Redplanet > 2020-06-07 16:17 | Report Abuse

Everything now is one stop solution/portal

Posted by Popit79 > 2020-06-07 17:40 | Report Abuse

Boom.boom.boom

Posted by iHunter > 2020-06-07 19:39 | Report Abuse

J7,
The letter from FDA was issued on a few days ago. Existing MYEG testing kits revenue probably less than RM300 millions. With the letter, they can penetrate Hospital and clinics and that will many millions in thier revenue.

I wonder how many workers in Malaysia not yet tested and will take the opportunity to enjoy the RM150 subsidies with MYEG.

Posted by cikenggg > 2020-06-07 22:28 | Report Abuse

so now MYEG involve in healthcare?

Posted by Isabelle > 2020-06-07 22:40 | Report Abuse

I also not really understand the rm150?

Posted by freddiehero > 2020-06-07 23:17 | Report Abuse

many steady tis counter

Posted by Peace99 > 2020-06-07 23:26 | Report Abuse

Feel really good as myeg share holder! Myeg is really a national pride!

Posted by freddiehero > 2020-06-07 23:36 | Report Abuse

u r right

Posted by KAQ4468 > 2020-06-08 00:27 | Report Abuse

Peewwiitttttt

Posted by witan > 2020-06-08 08:27 | Report Abuse

@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

Posted by witan > 2020-06-08 08:28 | Report Abuse

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

Posted by Tedinvestor > 2020-06-08 09:41 | Report Abuse

7% still a substantial shareholders. SINOTOP are major shareholders of mypay right? So mainland China owned company are given priority over local majority bumi owned company? Ridiculous

Posted by Ahmadahmad88 > 2020-06-08 10:11 | Report Abuse

Nanti panggil sinotop balik txxx shang.