MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.915

Today's Change

+0.03 (3.39%)

Day's Change

0.905 - 0.94

Trading Volume

78,787,700


67 people like this.

66,662 comment(s). Last comment by hng33 1 day ago

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-06-08 10:14 | Report Abuse

Hahaha.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-06-08 10:17 | Report Abuse

*My E.G. Flash Updates (MYEG MK/BUY/TP:RM1.50)*

Today’s share price softness probably reflects concerns of a change in government. Nevertheless, the company remains positive that it’ll soon get e-gov concession renewal letter. It’s also confident in clinching the NIIS contract.

- *we understand that the Ministry of Human Resource’s officially launching MYEG’s one stop Covid-19 e-portal service* this weekend. This portal enables employees on Socso claims process and to arrange for Covid-19 testing.

- Currently, they are focusing on screening the foreign workers first, but MYEG also anticipates the opportunity to eventually extend its screening for inbound and outboard business travellers too (eg essential business travelers between SG-China are not subject to quarantine but need to be tested).

- *Driving license renewal and motorbike renewal service* to start on coming Tuesday.

- *Concession renewal for e-government services* and *Immigration Related Services* - expects official letter by early next week.

- *National Integrated Immigration System (NIIS)* which has an indicative contract value of RM1.2b-1.6b *will be awarded before 15th July’s parliament meeting*. MYEG has formed a consortium with S5 and HeiTech Padu to bid for this contract.

cikenggg

28 posts

Posted by cikenggg > 2020-06-08 10:42 | Report Abuse

nice one MYEG. hehehe

Value888

623 posts

Posted by Value888 > 2020-06-08 10:54 | Report Abuse

well done @LiimInvest.

bone

968 posts

Posted by bone > 2020-06-08 10:57 | Report Abuse

clearer picture now , myeg wil lose more and more of its charter

skybursa

1,474 posts

Posted by skybursa > 2020-06-08 12:00 | Report Abuse

MYEG with years of experiences not gonna lose the battle over some China led company. Beside government money should benefit locals. Unless local companies do not have the kind expertise.

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-08 12:09 | Report Abuse

Let's side bet . Sino or MYEG? The loser will admit he's a stupid axxhole.

poseidon80

1,030 posts

Posted by poseidon80 > 2020-06-08 12:33 | Report Abuse

What the f Are u comparing sinotop with Myeg? Pure jokes.. don’t be plain stupid when u don’t know Myeg business and value.. and it’s position in gov.. like I said even dsonic will lose tender for niis, this monopoly is well known in bn or pn era.. can’t imagine stupid speculation... read more..

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-06-08 12:48 | Report Abuse

skybursa = poseidon80 you are right.

iHunter

711 posts

Posted by iHunter > 2020-06-08 13:23 | Report Abuse

Since smart money in position for mark up, I 'm going to take profit from my CIMB and Top Glove to invest on this counter.

Wy Wyl

41 posts

Posted by Wy Wyl > 2020-06-08 15:19 | Report Abuse

Long live myeg .... long live my govt

vxpoison

1,906 posts

Posted by vxpoison > 2020-06-08 16:15 | Report Abuse

There's a reason they placed Jayakumar into htpadu...

Posted by Candlesticks > 2020-06-08 19:13 | Report Abuse

i think we all agree that MYEG is a good company, bringing costs down and increase efficiencies for government agencies services. and now they are expanding to other countries to reduce dependency for Malaysia market.

However, there is no escape from linking MYEG to politics especially when there is any change in government etc. then there will be huge drop of share prices; affecting retail shareholders.

what the government should do is to encourage state funds such as EPF, KWAP, etc to own the majority of the shares, so the stakeholders are benefiting it. at the same time, they can channel more projects to MYEG, no problem if it is a monopoly, just like TNB.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-06-08 19:28 | Report Abuse

Tomorrow fly fly

CK145189

34 posts

Posted by CK145189 > 2020-06-08 23:02 | Report Abuse

Ya.... tomorrow flying to the sky

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-06-08 23:39 | Report Abuse

MySejahtera app was provided by MYEG right?

ikenduit

581 posts

Posted by ikenduit > 2020-06-09 00:07 | Report Abuse

By MCMC

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-06-09 00:09 | Report Abuse

IT support?

Posted by stressedesserts > 2020-06-09 00:11 | Report Abuse

@Liim I don't think so. "MySejahtera is developed through a strategic cooperation between the National Security Council (NSC), the Ministry of Health (MOH), the Malaysian Administrative Modernisation and Management Planning Unit (MAMPU) and Malaysian Communications and Multimedia Commission (MCMC) and Ministry of Science, Technology and Innovation (MOSTI)."

Posted by stephenteo > 2020-06-09 00:51 | Report Abuse

looks good time to move ahead

Posted by ironrobe3388 > 2020-06-09 04:30 | Report Abuse

UOB Kay Hian Research remained confident that MyEG will be able to extend its concession this round, riding on its “undisputed efficiency” and the “lack of other alternatives” so far.

“We understand that there have been no visible attempts by other companies to offer similar e-government services.”

It also pointed out that MyEG has introduced additional online services to bring conventional services to the digital platform.

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-06-09 06:31 | Report Abuse

MySejahtera app not a product from from MYEG because the app doesn't work properly.

Value888

623 posts

Posted by Value888 > 2020-06-09 08:11 | Report Abuse

Today will fly.

MyEG launches Covid-19 one-stop portal
TheEdge Sun, Jun 07, 2020 11:16am - 1 day ago


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.

Value888

623 posts

Posted by Value888 > 2020-06-09 08:54 | Report Abuse

From LiimInvest *My E.G. Flash Updates (MYEG MK/BUY/TP:RM1.50)*

Today’s share price softness probably reflects concerns of a change in government. Nevertheless, the company remains positive that it’ll soon get e-gov concession renewal letter. It’s also confident in clinching the NIIS contract.

- *we understand that the Ministry of Human Resource’s officially launching MYEG’s one stop Covid-19 e-portal service* this weekend. This portal enables employees on Socso claims process and to arrange for Covid-19 testing.

- Currently, they are focusing on screening the foreign workers first, but MYEG also anticipates the opportunity to eventually extend its screening for inbound and outboard business travellers too (eg essential business travelers between SG-China are not subject to quarantine but need to be tested).

- *Driving license renewal and motorbike renewal service* to start on coming Tuesday.

- *Concession renewal for e-government services* and *Immigration Related Services* - expects official letter by early next week.

- *National Integrated Immigration System (NIIS)* which has an indicative contract value of RM1.2b-1.6b *will be awarded before 15th July’s parliament meeting*. MYEG has formed a consortium with S5 and HeiTech Padu to bid for this contract.
08/06/2020 10:17 AM

Posted by kobethebeagle > 2020-06-09 08:55 | Report Abuse

@solcsy How many times want to share this news here?

Posted by kobethebeagle > 2020-06-09 09:03 | Report Abuse

Hopefully readers here are able to buy at good price today! It will shoot up this week!

Value888

623 posts

Posted by Value888 > 2020-06-09 09:09 | Report Abuse

Big funds collecting.

Louise4

389 posts

Posted by Louise4 > 2020-06-09 09:13 | Report Abuse

selling my gloves & coming here, hope can get before price shoot up.

Posted by kobethebeagle > 2020-06-09 09:28 | Report Abuse

@EmperorFund Back up your statement with facts please, share it with us here, don't just enter and give statements without information.

Kenzo8

69 posts

Posted by Kenzo8 > 2020-06-09 09:42 | Report Abuse

no movement still.....cant wait to see it goes up!!!!!

skybursa

1,474 posts

Posted by skybursa > 2020-06-09 10:29 | Report Abuse

Top up my holding above half a million shares. Buy before results out

Riaz1954

1,296 posts

Posted by Riaz1954 > 2020-06-09 10:35 | Report Abuse

The elusive results that can be drafted on back of an envelope! Must be so good that it takes 3 months to draft!

Posted by stocksyndicate > 2020-06-09 10:51 | Report Abuse

Directors share buy back at between 1.38 to 1.42. Why he paid such high price to accumulate the company shares? Please use the best part of your brain to think. Sell all your holding if you lack confidence. Thank you for today.

Riaz1954

1,296 posts

Posted by Riaz1954 > 2020-06-09 11:27 | Report Abuse

Some folks are very shirty! Talking about brains! How do you validate that?

Riaz54

157 posts

Posted by Riaz54 > 2020-06-09 11:47 | Report Abuse

in a poor governance environement, directors can buy which is transaprent and get syndicates to sell, at higher price. We know when directors buy they attract wider investment from retail customers. There is no explanation for tight hoding patter over an extended period. Simple. Nobody is saying that MYEG does not have good prospects, but it has no relationship with price movement.

Posted by stocksyndicate > 2020-06-09 12:08 | Report Abuse

Just sell stop complaining.

Riaz1954

1,296 posts

Posted by Riaz1954 > 2020-06-09 12:30 | Report Abuse

Sell what ....? Who is complaining simply laying the facts! Have you got a problem, mate?

Kenzo8

69 posts

Posted by Kenzo8 > 2020-06-09 13:08 | Report Abuse

aiyo, dont fight for the words dude, let's fight for the money together.

skybursa

1,474 posts

Posted by skybursa > 2020-06-09 13:13 | Report Abuse

Take it easy. Everyone free to comment. Be patient and good news just waiting for us.

Posted by lolipop9994 > 2020-06-09 13:16 | Report Abuse

when is the QR release date, any update ?

skybursa

1,474 posts

Posted by skybursa > 2020-06-09 13:20 | Report Abuse

Results probably delay because of CMCO. Don't worry I bet it will be sounds & great

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-06-09 14:16 | Report Abuse

During MCO, MYEG biz is not impacted l.

simple091

139 posts

Posted by simple091 > 2020-06-09 14:38 | Report Abuse

So many volume but the price stuck at 1.26, someone collecting or right hand to left hand?

Posted by kobethebeagle > 2020-06-09 14:48 | Report Abuse

Don't worry, if it doesn't close lower than 1.24 today, then DOJI is formed, and uptrend will be confirmed tomorrow!

Posted by kobethebeagle > 2020-06-09 14:49 | Report Abuse

@EmperorFund If nobody sell then how to buy? Stock market is always buy and sell, you cannot buy if nobody sell!

Wt6669

298 posts

Posted by Wt6669 > 2020-06-09 14:53 | Report Abuse

wow

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