Posted by Witty > 2020-06-30 16:22 | Report Abuse

while small funds know emperor lies ahead...

Posted by EmperorFund > 2020-06-30 16:31 | Report Abuse

Big funds have plans to pump and dump...caution to all..

Posted by KLBullTrader > 2020-06-30 16:35 | Report Abuse

5.30 announcement, contract extended for 2 years.

Posted by Ximon Lim > 2020-06-30 16:38 | Report Abuse

if contract extended, tmr gap up.

Posted by EmperorFund > 2020-06-30 16:39 | Report Abuse

A new contender in place...overwhelmingly better thsn myeg...

Posted by ikenduit > 2020-06-30 16:44 | Report Abuse

sinotop? connect? lol

Posted by bignate2019 > 2020-06-30 16:44 | Report Abuse

Since 5 June, emperorfund has talk negative without stop on myeg. Maybe he has hidden agenda? I dont know. In Feb he was so positive now maybe want to collect.

Whatever it is, we all know, invest at our own risk but dont look to desperate in telling the same thing again and again

Posted by RainT > 2020-06-30 16:57 | Report Abuse

meow...

Posted by EagleFly > 2020-06-30 16:58 | Report Abuse

u see, the main important to win this call "Emotion" we must win big in Emotion, what others say is not important to you... but what u "think" others say is very very important to your self...

Posted by EmperorFund > 2020-06-30 17:37 | Report Abuse

Last safety boat is gone....good luck all

Posted by Ivan89 > 2020-06-30 17:45 | Report Abuse

Myeg undervalue stock.

Posted by lolipop9994 > 2020-06-30 17:58 | Report Abuse

https://www.klsescreener.com/v2/announcements/view/3184489

Posted by bignate2019 > 2020-06-30 17:59 | Report Abuse

Additional announcement pertaining to acquisition of 10% stake in S5
https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3063960 via RM75 million cash and share issued at RM1.20.

Posted by dhgh59 > 2020-06-30 18:10 | Report Abuse

Emperorfund, which safety boat you refer too? Why your comment always so vague

Posted by witan > 2020-06-30 18:31 | Report Abuse

I wont be suprised if EmperorFund secretly collecting myeg. He hope by spreading fake news people will panic so he can collect cheap. Too bad people are not dumb u know lol

Posted by Lychien20 > 2020-06-30 18:46 | Report Abuse

EmperorFund is working for EPF. Put poison here therefore EPF can buy cheap before shoot up. His name already told you EPF and past 2 week EPF buy in a lot

Posted by Super > 2020-06-30 19:11 | Report Abuse

OTHERS MY E.G. Services Berhad ("MYEG" or "the Company") - Extension of the Concession Agreements with the Government of MalaysiaMY E.G. SERVICES BERHAD
TypeAnnouncementSubjectOTHERS
DescriptionMY E.G. Services Berhad ("MYEG" or "the Company") - Extension of the Concession Agreements with the Government of Malaysia

Unless stated otherwise, the terms used herein shall carry the same meaning as those defined in the earlier announcements dated 23 July 2014 and 22 May 2020.

 

Reference is made to the announcements dated 23 July 2014 on the extension of MYEG’s concession agreement for the provision of the electronic delivery of vehicle registration, driver and vehicle licensing and payment of summon services (“E-Government Services")(“JPJ Agreement") and 22 May 2020 on the official notification from the Ministry of Transport (“Notification Letter”) to continue with the provision of the E-Government Services until 30 June 2020.

 

The Board of Directors of the Company ("the Board") wishes to inform that in accordance to the Notification Letter, MYEG will continue to provide the E-Government Services until further notice from the Ministry of Transport as the extension of the JPJ Agreement has not been finalised.

 

The Board is currently committed to pursue the extension of the JPJ Agreement from the Government. Should there be any further developments on this matter, the Company will release the necessary announcements in a timely manner to Bursa Malaysia Securities Berhad.

 

This announcement is dated 30 June 2020.

Posted by dhgh59 > 2020-06-30 19:12 | Report Abuse

Lychien20 I like your comment.:)

Posted by Virgin_Share > 2020-06-30 19:15 | Report Abuse

lol emperor fund , some newbie here got families to feed. don't anyhow sabo ppl

Posted by yukang89 > 2020-06-30 19:20 | Report Abuse

EPF is accumulating..it's a good sign ! moreover MyEG mgmt team are committed to pursue the extension of the JPJ Agreement from the Government.

Posted by Patienceandwin > 2020-06-30 19:21 | Report Abuse

So extend until further notice ?

Posted by Lychien20 > 2020-06-30 19:27 | Report Abuse

extend until NIIS award? put all e-govt projects in same contract date?

Posted by Ivan89 > 2020-06-30 19:36 | Report Abuse

Myeg is leader, no competitors for now. Just wait and see

Posted by Lychien20 > 2020-06-30 19:49 | Report Abuse

smart businessman will offer govt in this term, if they get awarded NIIS then current expired project free extension and special discount

Posted by ironrobe3388 > 2020-06-30 19:50 | Report Abuse

avoid this stock first .no more guessing. the downside risk is unbearable.

Posted by Lychien20 > 2020-06-30 19:50 | Report Abuse

on renewed for current project. same time create havoc to ppl sell low and buy in by internal ppl. so better collect now before too late

Posted by arthur8756 > 2020-06-30 20:10 | Report Abuse

All propaganda sayinf 1.6 1.6 last week, so i enter 1.54, drop 9 9

Posted by ironrobe3388 > 2020-06-30 20:18 | Report Abuse

the upside potential is still limited even if the company has the all the contracts renewed. peaked at rm1.7x last year . the stock hovers around RM1.5 recently. how much more can it go up ? not worth the risk.

Posted by ERIC > 2020-06-30 20:20 | Report Abuse

sounds ok, means no other player in contract renewal.. only T&C ..

Posted by skybursa > 2020-06-30 21:07 | Report Abuse

Sinotop is a competitor. Taiwanese had pare down shareholding to local bumi

Posted by Lychien20 > 2020-06-30 21:30 | Report Abuse

Sinotop worth how many MPs?

Posted by clon12 > 2020-06-30 21:58 | Report Abuse

As I wrote before, its another extension. For now the price will continue to linger until able to find a resolution when contract is announced. Too many eyes on the contract renewal. Some has pointed out the upside is low compared to downside but those holding at ~RM1 or below should have no problem continue holding. Let's just wait and see.

Posted by Riaz1954 > 2020-07-01 00:11 | Report Abuse

Who says Sino is a competitor? Another fraudulent out fit. Check out their results! How can any one think they can compete with MYEG. Might as well say Macdonalds is also in competition!

Posted by Wolfidea > 2020-07-01 00:38 | Report Abuse

JPJ contract is confirmed continue by MYEG.
Check out Bursa Annoucement.

Posted by ironrobe3388 > 2020-07-01 03:59 | Report Abuse

everything has been working for years and they are not new projects that need long time evaluations. why not just renew all the contracts and move on. renewal of all the contracts should not take such a long time. something is not right.

Posted by icst1975 > 2020-07-01 07:23 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1239623
30/06/2020 8:01 PM

"The Board is currently committed to pursue the extension of the JPJ Agreement from the Government."

My interpretation is the extension of the e-service contract is already assured.

Reasons:

1) The government had not announced in advance any replacement. If there were, it would have to be initiated at least 2 years in advance. The e-platform and e-service portals need considerable time and investment to design, build, install, and then tested to be a better replacement system over a period of time.
2) MyEG does not charge the government any service fee. It is the public who make use of the e-service portal that pay a small fee for the convenience of using them.
3) No other company had announced that they were or are in the process of doing it for obvious reasons mentioned above.

I think the government could ask for improvement of functionality in the extension.

The key reasons why MYEG is able to successfully expand various government related e-services including tax payment in the Philippines and Indonesia are
1) They already have a system and a business model that is proven to be working very well in Malaysia. All that is needed are modifications to suit the local requirements and partnering with local Companies.
2) It is a free e-services for the government and the people. Users are only paying for the conveniences and saving the cost and time of going in person to do the same at their various government offices.

In respect of profitability in the Philippines and Indonesian and later Bangladesh, MYEG and their local partnering companies will only be making increasing more profit when increasing number of people get to know and learn to use their e-government services portal.

Without doubt, going digital is definitely the lifestyle of the future.

Posted by EmperorFund > 2020-07-01 09:03 | Report Abuse

The low volume alone is due to big funds slowly selling...only retailers buying...

Posted by EmperorFund > 2020-07-01 09:03 | Report Abuse

There are no more big funds queing to buy

Posted by MonkeyFoo > 2020-07-01 09:03 | Report Abuse

等下JPJ说没这回事

Posted by MonkeyFoo > 2020-07-01 09:09 | Report Abuse

之前说过跟卫生部合作，跟社险合作，最后都是假的

Posted by icst1975 > 2020-07-01 09:34 | Report Abuse

https://malaysiastock.biz/Company-Announcement.aspx?id=1239623
30/06/2020 8:01 PM

“董事会目前致力于从政府寻求延续《 JPJ协议》。”

我的解释是电子服务合同的延期已经得到保证。

原因：

1）政府尚未提前宣布任何更换。如果有的话，它必须至少提前两年启动。电子平台和电子服务门户需要花费大量时间和投资来设计，构建，安装和测试以便成为更好的替代系统。
2）MyEG不向政府收取任何服务费。使用电子服务门户网站的公众需要支付少量费用使用。
实际上，用户可以节省时间和费用。
3）出于上述明显原因，没有其他公司宣布已经或正在这样做。

我认为政府可以要求扩展 MYEG e-government 中新的功能。

MYEG之所以能够成功地扩展与政府相关的各种电子服务，包括在菲律宾和印度尼西亚的税收，主要是因为
1）他们已经拥有一套系统和一种已经证明成功的商业模式，在马来西亚证明运作良好。所需要的只是进行修改以适应本地要求并与本地公司合作。
2）它是政府和人民提供的免费电子服务。用户只是在为便利付费，并节省了在其各个政府机构亲自进行操作的成本和时间。

关于菲律宾，印度尼西亚和随后孟加拉国的商业运营盈利能力，只有越来越多的人了解并学会使用其电子政务服务才能带来更多的利润。

毫无疑问，数字化无疑是未来的生活方式。
01/07/2020 7:23 AM

Posted by EDINVESTOR > 2020-07-01 09:40 | Report Abuse

Sinotop up why? Because they are grab government contracts from myeg. SELLLLLLLLLLLLL

Posted by EmperorFund > 2020-07-01 09:42 | Report Abuse

I have warned....dont be too surprise

Posted by EmperorFund > 2020-07-01 09:42 | Report Abuse

Diff name in contract maybe possible

Posted by Riaz1954 > 2020-07-01 09:55 | Report Abuse

I think the contract extension has been badly handled by both Gov and MYEG, they are encouraged speculation for obvious reasons. Very strange way to handle something which is straight forward. By the time this gov decides there will be a new government! More extension

Posted by Riaz1954 > 2020-07-01 10:04 | Report Abuse

Based on contract uncertainty price range is 125-135, subject to the usual up and down manipulation

Posted by jgp1703 > 2020-07-01 10:04 | Report Abuse

MYEG.KL (0138.KL) 2020-06-30 07:00:01
EMPLOYEES PROVIDENT FUND BOARD (5139300 units Acquired)
EPF will not invest in such high share price if their contract is not secured

Posted by Wolfidea > 2020-07-01 10:31 | Report Abuse

eference is made to the announcements dated 23 July 2014 on the extension of MYEG’s concession agreement for the provision of the electronic delivery of vehicle registration, driver and vehicle licensing and payment of summon services (“E-Government Services")(“JPJ Agreement") and 22 May 2020 on the official notification from the Ministry of Transport (“Notification Letter”) to continue with the provision of the E-Government Services until 30 June 2020.

The Board of Directors of the Company ("the Board") wishes to inform that in accordance to the Notification Letter, MYEG will continue to provide the E-Government Services until further notice from the Ministry of Transport as the extension of the JPJ Agreement has not been finalised.

Posted by icst1975 > 2020-07-01 10:40 | Report Abuse

EDINVESTOR Sinotop up why? Because they are grab government contracts from myeg.....
01/07/2020 9:40 AM

After peaking at 0.765 on 9 June 20, SINOTOP has been on the down trend , breaking 20-day average on 26 June.

Posted by StockLORD > 2020-07-01 10:42 | Report Abuse

...by end of week it will re-bounce to 1.55.....good to collect at low now. once it breaks 1.55 resistance...next is 1.65 in next couple of weeks.....Good Luck! .... noticed EPF keeps collecting