MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!

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 21 hours ago

Takers

140 posts

Posted by Takers > 2020-07-03 09:24 | Report Abuse

Normally what is time frame of suspended counter

Posted by wallstreetrookie > 2020-07-03 09:24 | Report Abuse

Big funds have 40 million prepared waiting for people to sell and buy back right? Emperorfund?

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 09:25 | Report Abuse

tehpenghui s2 1.430
s1 1.470
pp 1.540
r1 1.580
r2 1.650

I think so will be testing 1.47 today. anyhow is a good entry point for short term consolidation.

Posted by tehpenghui > 2020-07-03 09:27 | Report Abuse

@Ttree i just copy from rakuten

Posted by bignate2019 > 2020-07-03 09:31 | Report Abuse

Buy q are small retails. U can see total number of people and average amount is 10k units.

For sell q are mid retails average 30k-60k units

Witty

460 posts

Posted by Witty > 2020-07-03 09:33 | Report Abuse

Unless there is major announcement then only will announce suspend.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 09:36 | Report Abuse

Ya. Witty, we should wait for major announcement. Suspension not necessary bad thing. If it is a signficant new contract. Then it will be good.

Posted by tehpenghui > 2020-07-03 09:38 | Report Abuse

Why would there be a major announcement? Is there rumor of a new one?

Posted by wallstreetrookie > 2020-07-03 09:49 | Report Abuse

Chill emperorfund is just another day trader haha

Posted by wallstreetrookie > 2020-07-03 09:50 | Report Abuse

Let’s just follow his position and profit $$$

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 09:57 | Report Abuse

From what i see, operators shaking table to push all those short term buyers is possible. But of cos, they will test the base support before next round movement. Otherwise they will facing heavy selling pressure from retailers when next wave come. It is quite common.

And frankly speaking lah, if you observe every transactions this 2 days, mostly done by retailers.

Change hand between old retailers and new retailers actually is good thing for share price further movement. As new investor have higher entry price already, they wont simply throw away their tickets on hand unless have 5-10% profit. It is quite accrurate with the data shared by tehpenghui from Rakuten

r1 1.580 (5% return from 1.50)
r2 1.650 (10% return from 1.50)

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 09:58 | Report Abuse

Lets see how long will be process to move out all those short term traders. Today i saw minimum volume. So i believe the consolidation process going to complete soon (if there is no significant new developement of tcompany annoucnemnt).

Posted by tehpenghui > 2020-07-03 10:01 | Report Abuse

@ttree do you think consolidation process will complete by eod?

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:06 | Report Abuse

Consolidation process depends on how retailers react loh. If they place heavy buy Q at 1.48 (now seem got million volume), then new buyers no patience and aggressively buy direct from selling Q meaning is almost the time d. So operator also have to ensure no flies afterwards.

Frankly speaking, MYEG is a counter which got many story line, if you are operator, are you willing just let go only until this extension news? Highly impossible isnt it?!

They need this process.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:09 | Report Abuse

Just for example

10.07am

Sell direct to buyers Q 3.8m units
Buy direct to sellers Q 2.9m units (those investors no patience to wait at Buy Q, then aggresively direct buy from sellers Q)

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:10 | Report Abuse

Emperor fund may not 100% wrong, but only maybe he not sharing the full picture to us.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:15 | Report Abuse

BQty Buy Sell SQty
441,600 1.490 1.500 1,173,600
1,043,800 1.480 1.510 1,357,400
750,800 1.470 1.520 736,200

You can see here, Sellers Q 3 block. Unless you are big funders otherwise for retailers to clear the block it need many buying sentiments.

Then 1.48 is the "patience" block set as well. So meaning for those buyers, you wait here also need to wait long time. So you only can consider to buy 1.49 (Q) or direct 1.50. - So operator will observe the buying patter of 1.49 and 1.50.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:18 | Report Abuse

"EmperorFund: Big Funds may not sell today....no buying strength..."

Emperor Fund may correct as big funds observe the buying strength as well.

My humble advise, if you have cash. Then for long term, just buy and wait. No need to be impacted by the short term movement few cents up and down.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:19 | Report Abuse

Prepare ya, if slow response in 1.49-1.50. They will test to 1.47 slot.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:25 | Report Abuse

Less people willing to buy or sell

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:26 | Report Abuse

until they think that that base price slot is very firm (no more active buy and selling)

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:38 | Report Abuse

Not a rocket science. But of cos, as retailers, we need to know our position. No need to bound down by "buy on news, sell on announcement".

Many story lines to promote MYEG. This one i no need mention d.

Operator wont let go this opportunity one.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 10:46 | Report Abuse

If buyers are individuals then is good. Meaning got a new batch of investors which accepted the pricing of 1.55. If today still not throw, so they will hold in between the pricing of 1.47 to 1.575.

lazycat

899 posts

Posted by lazycat > 2020-07-03 10:47 | Report Abuse

Epf is the biggest sucker on their investment in Hevea hahahahaha

Posted by tehpenghui > 2020-07-03 11:22 | Report Abuse

big buy at 1.51 just now

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 11:26 | Report Abuse

Seem like firm d.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 11:26 | Report Abuse

Wish for the next momentum wave ride bah

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 11:34 | Report Abuse

Now lets observe whether got many retailers transactions throw to 1.48 and 1.49. If no more, then wait for good news.

Posted by EmperorFund > 2020-07-03 11:34 | Report Abuse

Big Funds still not out yet !

Posted by EmperorFund > 2020-07-03 11:35 | Report Abuse

They need more buyinh power.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 11:36 | Report Abuse

Lets see whether got big blocks of retailers transactions sell to current buy Q 1.48, 1.49 total 2.4m units of volume.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 11:38 | Report Abuse

Emperor Fund, now have volume at buy Q 3.2m units. Maybe you can remind them to sell down direct. Buying Q is there d.

TtreeInvestor

2,770 posts

Posted by TtreeInvestor > 2020-07-03 11:38 | Report Abuse

all above 1.45 (1.47, 1.48, 1.49)

Posted by tehpenghui > 2020-07-03 11:54 | Report Abuse

another large buy 1.52 just now

EagleFly

77 posts

Posted by EagleFly > 2020-07-03 11:57 | Report Abuse

Busuk... busuk ......busuk .....until 3rd generation Emperor shit... where is the 200mil fund want to sell?? come lah dont wait.. just sell now... just now they want sell lower price 1.4plus now got 1.5 plus.. come lai lai lai .. now... sohai

Posted by choo_yip_sun > 2020-07-03 11:57 | Report Abuse

my sources tell me its shooting to 1.75 soon!!!

EagleFly

77 posts

Posted by EagleFly > 2020-07-03 11:59 | Report Abuse

Emperor shit shit... decide lan jao la.. talk only lanjao syiok , eat shit lah u...

Posted by tehpenghui > 2020-07-03 11:59 | Report Abuse

@choo what's the catalyst?

Witty

460 posts

Posted by Witty > 2020-07-03 12:13 | Report Abuse

What happened to previously 20m? i can see someone has a target price of 1.6 and above.
I been waiting for ur sale quite long now.

Posted by CalmAndWise > 2020-07-03 12:16 | Report Abuse

Strong resstnce 1.5 convincingly broken => become strong support.

Posted by Rich_healthy > 2020-07-03 12:32 | Report Abuse

Which contract do you mean? Ok, then let's see iff it will go down to RM1.4 ....

Posted by martinchua88332 > 2020-07-03 12:32 | Report Abuse

EunuchFund ,you are full of shxt.

Posted by CalmAndWise > 2020-07-03 12:41 | Report Abuse

Itu Jpj services belum ada extension selepas 30/6 kan? Any body care to shed more light on this? Tq.

Posted by KLBullTrader > 2020-07-03 12:43 | Report Abuse

emperorfund is a waste of time

EDINVESTOR

597 posts

Posted by EDINVESTOR > 2020-07-03 12:43 | Report Abuse

News so what? Everyone dumping. Everyday dumping

Posted by CalmAndWise > 2020-07-03 12:45 | Report Abuse

To date, dapat extension PLKS for 3y, already secure Myeg future. Right?
Anythg else is Bonus. Niis is durian jatuh ke riba = moon jatuh ke riba pungguk
= punggong mariah carey jatuh ke riba aku.. dll..

Posted by CalmAndWise > 2020-07-03 12:48 | Report Abuse

Jauh sekali nak duduk dalam maserati PakTua73.. Itu pun kalau MakTua bagi..
Macam aku jugak... => penyakit TB = takut bini..

Posted by CalmAndWise > 2020-07-03 12:50 | Report Abuse

Plz ignore EF to oblivion...

Posted by CalmAndWise > 2020-07-03 12:51 | Report Abuse

If he has better proof adalah cofidence sikit..

Posted by CalmAndWise > 2020-07-03 12:52 | Report Abuse

How to believe if he depend solely on "His Sources"?

Post a Comment
Market Buzz