Posted by Besafe > 2020-09-18 15:10 | Report Abuse

Dont even buy at rm 1.40. Let them syok sendiri. No one sell, they can only main among themselves kiri ke kanan.

Posted by skygazer > 2020-09-18 15:43 | Report Abuse

It will eventually go back to rm 1.5 anyways. This kind of price movement is normal for myeg. There'll be some one day shows but it sure will fly at least somewhere close to average target price

Posted by Bunny69 > 2020-09-18 16:53 | Report Abuse

Fly to rm2 and above, hold AT LEAST one year start from now

Posted by LiimInvest > 2020-09-19 19:59 | Report Abuse

Controlling shareholder TS Wong mops up more shares in MyEG
TheEdge Sat, Sep 19, 2020 05:38pm - 2 hours ago


KUALA LUMPUR (Sept 19): Wong Thean Soon, better known as TS Wong, bought an additional 1.31 million shares in MyEG Services Bhd yesterday, according to the company’s filing with Bursa Malaysia.

He bought the block of shares at RM1.405 per share.

Wong is the single largest shareholder of the e-government service provider, with a 31.43% stake, including an indirect 20.87% held via Asia Internet Holdings Sdn Bhd.

Wong has been quite actively accumulating MyEG shares recently, both directly as well as through his investment vehicle Asia Internet. MyEG’s bourse filings show that Wong bought about 5.3 million shares in August, while Asia Internet mopped up five million more.

MyEG's share price has rebounded 73.7% from a trough in mid-March, closing at RM1.39 yesterday. Year to date, the stock has gained 26.4% from RM1.10 at end-2019.

Meanwhile, the company is also conducting share buy-back as well as cancellation of shares. In July, MyEG cancelled 12.5 million shares. Currently, MyEG has 142.18 million shares retained in treasury — equivalent to a stake of about 3.97%.

The company is now in the midst of a major corporate exercise that entails a reverse takeover of Ancom Logistics Bhd (ALB), another listed entity.

In mid-June, MyEG’s wholly-owned MyEG Capital Sdn Bhd bought a 10% stake in Labuan-based S5 Holdings Inc for RM90 million from Merrington Assets Ltd. The purchase consideration will be settled via a combination of RM75 million cash and the issuance of new shares worth RM15 million.

S5 is mainly involved in provision of security technology, intellectual property as well as development and customisation of solutions and systems. It is said to be a company to watch out for in the immigration technology space.

Around mid-July, it was announced that S5 was seeking a back-door listing via ALB.

ALB announced a proposal to take over S5 from S7 Holdings Sdn Bhd, Merrington Assets, MyEG Capital and Avocat Sdn Bhd at a price to be determined after an independent valuation is done. The acquisition will be settled via the issuance of ALB shares.

On completion of the reverse takeover, MyEG Capital is expected to be a substantial shareholder of ALB.

Posted by paktua73 > 2020-09-19 20:38 |

Post removed.Why?

Posted by wehcant > 2020-09-20 12:04 | Report Abuse

MyEG owns a 10% stake in S5 Holdings. S5 security system is part of the National Integrated Immigration System (NIIS) of every bidders. So, whoever wins the contract, S5 wins and so is MyEg. No wonder TS Wong keeps mopping up more shares in MyEG of late.

Posted by Besafe > 2020-09-21 09:21 | Report Abuse

Lets watch show again whereby wong again ke sini ke sana.

Posted by EmperorFund > 2020-09-21 09:30 | Report Abuse

Myeg will normalise as usual. No worries xD

Posted by hng33 > 2020-09-21 15:50 | Report Abuse

add myeg at 1.37

Posted by smurfbee > 2020-09-21 16:33 | Report Abuse

keep adding.... just load up.... its about time for the launch of a rocket to the moon.

Posted by BostonMaxwell > 2020-09-21 21:01 | Report Abuse

I think it's about time to fly... Let's check back when boss buy, it sure went up after fews day. So just follow the path

Posted by Mikecyc > 2020-09-22 01:04 | Report Abuse

Myeg on NIIS ? Iris , S5/ Ancomlb , Omesti ...

Posted by Besafe > 2020-09-22 09:04 | Report Abuse

Wong show time again. Pls continue to buy. Ke sini ke sana.

Posted by majidkhan > 2020-09-22 09:30 | Report Abuse

Niss... August now september.. Maybe next year.

Posted by Besafe > 2020-09-22 10:55 | Report Abuse

On and off articles, cakap hidden gem, niis front runner yet the price keep dropping. This wong and team don't la wayang kulit.

Posted by skygazer > 2020-09-22 12:21 | Report Abuse

The average acquisition price for myeg is RM1.4. Anything less than that is a big discount.

Posted by longlifeman > 2020-09-22 14:30 | Report Abuse

GG kali ini.....

Posted by wehcant > 2020-09-22 16:09 | Report Abuse

TS Wong collecting again. Very clever.

Posted by jayman > 2020-09-22 17:10 | Report Abuse

Must have been tiring teasing with that 1 lot sell order...

Posted by clon12 > 2020-09-22 19:35 | Report Abuse

Keep collecting everyday.

Posted by Grace Loh > 2020-09-23 10:49 | Report Abuse

hari hari drop

Posted by hng33 > 2020-09-23 11:36 | Report Abuse

cut myeg at 1.35, free up capital first

Posted by EmperorFund > 2020-09-23 12:02 | Report Abuse

SBB is a sign of weakness and desparation actually..

Posted by soscoco > 2020-09-23 12:09 | Report Abuse

Tun Mahathir related counters:
• Berjaya Assets Bhd, Berjaya Corporation Bhd, Berjaya Food Bhd, Berjaya Land Bhd, Berjaya Media Bhd & Berjaya Sports Toto Bhd - Owned by Tan Sri Dato' Seri Vincent Tan Chee Yioun, who enjoys close ties with Mahathir Mohamad.
• Bermaz Auto Bhd - The major shareholder is Tan Sri Dato' Seri Vincent Tan Chee Yioun.
• Country Heights Holdings Berhad - Owned by Tan Sri Lee Kim Tiong @ Lee Kim Yew, a close friend of Mahathir who reportedly voiced his criticism on Najib Razak.
• PPB Group Bhd and Malaysian Bulk Carriers Bhd - Robert Kuok, who sits on a special council of advisers established by Tun Mahathir in 2018.
• Opcom Holdings Bhd - His son Mukhriz Mahathir is one of the major shareholders.
• Petron Corporation - Become one of the fuel suppliers to the government in Aug 2018. Mirzan Mahathir sits on the board of directors.



Datuk Seri Anwar Ibrahim related counters:

• MUI Properties Bhd, Malayan United Industries Bhd (MUI Group), Pan Malaysia Holdings Bhd and Advance Synergy Bhd (ASB) - His younger sister Datuk Farizon Ibrahim sits on the board of directors.







Tan Sri Muhyiddin Yassin related counters:

• Eden Inc Bhd and Thriven Global Bhd - Linked to Fakhri Yassin Mahiaddin, son of Tan Sri Muhyiddin Yassin.

Datuk Seri Najib Razak related counters:
• Sersol Berhad - Najib's son, Mohd Nazifuddin Najib, is a substantial shareholder previously until end 2018.
• George Kent Malaysia Bhd and Johan Holdings - Najib's close friend, Tan Sri Dato’ Tan Kay Hock.
• Malton Bhd - Famous with the KL Pavilion development in the golden triangle (housed one of the residences of Najib and Rosmah) by Tan Sri Desmond Lim Siew Choon, who has close ties with Najib.
• WCT Holdings Bhd - Another company controlled by Tan Sri Desmond Lim Siew Choon.
• AMMB Holdings Bhd - One of the largest banking groups that handle a slew of 1MDB scandal kind of accounts and transactions.



Barisan Nasional related counters:
• MyEG - The e-government services firm that was Wong Thean Soon builds, have a very close ties with the previous BN government.
• Excel Force - Another company linked heavily to Wong Thean Soon of MyEG.
• Star Media - Owned by MCA may see a substantial rebound.
• Datasonic - Linked with a bribery/political donation case to current UMNO president Datuk Seri Dr Ahmad Zahid Hamidi.





Sarawak related counters:
• Cahya Mata Sarawak Bhd
• Sarawak Cable Bhd

Posted by Witty > 2020-09-23 12:25 | Report Abuse

Pity wong.

Posted by Besafe > 2020-09-23 12:38 | Report Abuse

Wong and team shaking now.

Posted by Rich_healthy > 2020-09-23 12:46 | Report Abuse

Unstable politic situation caused the drop..

Posted by Rich_healthy > 2020-09-23 12:46 | Report Abuse

Good chance to collect now.

Posted by wallstreetrookie > 2020-09-23 13:08 | Report Abuse

Sapuuuuuuuuuuu

Posted by Jason Tan > 2020-09-23 13:09 | Report Abuse

sell thanks... come back another day.

Posted by Rich_healthy > 2020-09-23 13:18 | Report Abuse

Sell...

Posted by Rich_healthy > 2020-09-23 13:18 | Report Abuse

All

Posted by Witty > 2020-09-23 13:23 | Report Abuse

Each party says they got the upper hand.
Trying to influence voter eh.

Posted by CUTLOST > 2020-09-23 13:54 | Report Abuse

Will back to March price... 80cts

Posted by Smart Beginners > 2020-09-23 14:16 | Report Abuse

Please drop below rm1 gogogo

Posted by mf > 2020-09-23 14:17 | Report Abuse

MARKETS1h ago
Political uncertainties weigh on Bursa

Posted by Leon3330 > 2020-09-23 14:21 | Report Abuse

PH or PN gov, Myeg also able to report good profits. Proven record.
Missed out previously when price below 1.00.
Hope got chance this round.

Posted by investmalysia > 2020-09-23 14:28 | Report Abuse

Last time myeg drop because gst removal. What to remove now?

Posted by daddy999 > 2020-09-23 15:03 | Report Abuse

wong epf kwap can collect as much as they want now

Posted by Mikecyc > 2020-09-23 15:09 |

Post removed.Why?

Posted by swagger855 > 2020-09-23 15:28 | Report Abuse

Drop please. Time to collect. Anwar is bullshitting lol

Posted by wehcant > 2020-09-23 15:40 | Report Abuse

Why sell when Zahid is on Anwar's side.

Posted by Besafe > 2020-09-23 16:09 | Report Abuse

Good for myeg also to be down. At least wong also on the same boat.

Posted by BostonMaxwell > 2020-09-23 16:21 | Report Abuse

Lol...

Posted by PotentialGhost > 2020-09-23 16:23 | Report Abuse

Haha stupid malaysia , happen again , only Malaysia red , look at international market all green . Stupid idiot politic issue

Posted by Wyko > 2020-09-23 16:26 | Report Abuse

you must have lost a lot of money and perhaps turn into a real ghost

Posted by swagger855 > 2020-09-23 16:27 | Report Abuse

GPS just SAID No to anwar LOL.

Posted by swagger855 > 2020-09-23 16:30 | Report Abuse

https://www.freemalaysiatoday.com/category/nation/2020/09/23/anwars-announcement-could-swing-votes-to-warisan-plus-says-analyst/

Posted by swagger855 > 2020-09-23 16:34 | Report Abuse

Basically, anwar doesnt have the number. He's trying stir shit up to help warisan to win.

Posted by icecool > 2020-09-23 16:48 | Report Abuse

myeg hot again