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 3 hours ago

Posted by Jonthastic_8 > 2020-10-07 11:11 | Report Abuse

Anyone know when will they payout the dividends, how much too ?

AlvinTSK

1,750 posts

Posted by AlvinTSK > 2020-10-07 11:40 | Report Abuse

Just imagine if majority of the share holder opted for the share buy back at 1.280!! Come Friday, there will be alot of profit taking and dumping !! Not forgetting the deduction of divident rate!!

AlvinTSK

1,750 posts

Posted by AlvinTSK > 2020-10-07 11:43 | Report Abuse

And What happen to Anwar case ? If there is a change of Govt, trust the consideration of Niis would be a totally diferent matter now !!

Witty

460 posts

Posted by Witty > 2020-10-07 17:42 | Report Abuse

Myeg benefit from recent increasing of covid tests?

AlvinTSK

1,750 posts

Posted by AlvinTSK > 2020-10-08 16:48 | Report Abuse

Tomorrow roller coaster ride is set !! Lets enjoy the ride ~~

Posted by Learner King > 2020-10-08 19:57 | Report Abuse

The Board of Directors of MYEG (“the Board”) wishes to inform that the Company had received a Letter of Acceptance dated 8 October 2020 from the Ministry of Health, Malaysia to undertake the provision of an online payment system for inbound travellers to register and make payment, prior to their arrival in the Country, for COVID-19 Screening Test and Quarantine Charges to be implemented at all entry points to the Country (“the Project”).

MonkeyFoo

265 posts

Posted by MonkeyFoo > 2020-10-08 19:59 | Report Abuse

What the hell is going on

wehcant

1,259 posts

Posted by wehcant > 2020-10-08 20:13 | Report Abuse

Two years' tenure. Mantap lah!

Posted by Learner King > 2020-10-08 20:15 | Report Abuse

Limit up wont la i think, but should be good enough to fly tmr :)

Posted by johnhuathuat > 2020-10-08 20:20 | Report Abuse

haha no limit up leh. this counter go up also usually got people push down dunno why

wehcant

1,259 posts

Posted by wehcant > 2020-10-08 20:28 | Report Abuse

I think that someone has already pushed low enough for TS Wong to accummulate from retailers. Ah Wong sudah cukup collecting, kot.

Posted by Learner King > 2020-10-08 20:34 | Report Abuse

But base on the chart its look like on the uptrend mode to me laa!

wehcant

1,259 posts

Posted by wehcant > 2020-10-08 20:40 | Report Abuse

It needs to break the trendline to fly. The resistance has been tested quite a number of times already this year. Hope there will be a breakout this time!

wehcant

1,259 posts

Posted by wehcant > 2020-10-08 20:44 | Report Abuse

MYEG to provide online payment system for COVID-19 tests for inbound travellers. https://www.theedgemarkets.com/article/myeg-provide-online-payment-system-covid19-tests-inbound-travellers

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-08 20:56 | Report Abuse

KUALA LUMPUR (Oct 8): MY EG Services Bhd (MYEG) has received a letter of acceptance from the Ministry of Health to undertake the provision of an online payment system for inbound travellers to pay for COVID-19 screening tests and quarantine charges, prior to their arrival in the country.

The system is to be implemented at all entry points into the country, the group said in a filing with Bursa Malaysia.

“The project is intended to facilitate the implementation of the relevant Government measures to control the outbreak of the COVID-19 virus by enhancing and expediting the process of administering COVID-19 screening and designating quarantine locations for travellers, both Malaysians and non-Malaysians, arriving in Malaysia,” said the group.

The project has a tenure of two years effective Nov 1, 2020, with no fixed value, as it is dependent on the number of transactions and the service options selected by users.

The board of MYEG is of the view that the project is in the best interest of the company and is expected to contribute positively to the earnings and net assets per share of the company for the financial year ending Dec 31, 2020, onwards.

None of the directors or substantial shareholders of the company has any direct or indirect interest in the project, the group said.

MYEG’s share price fell one sen or 0.72% to RM1.37, giving it a market capitalisation of RM4.92 billion.

wehcant

1,259 posts

Posted by wehcant > 2020-10-09 08:19 | Report Abuse

It's high time!

Aero1

1,440 posts

Posted by Aero1 > 2020-10-09 08:25 | Report Abuse

This project sounds like part of the NIIS.

Posted by wallstreetrookie > 2020-10-09 09:02 | Report Abuse

See good news like this still cannot go up much weird

Posted by wallstreetrookie > 2020-10-09 09:04 | Report Abuse

Myeg never go up more than 5%

Posted by wallstreetrookie > 2020-10-09 09:04 | Report Abuse

That means it’s a healthy company because it also means it won’t go down more than 5%. My favourite counter of all time

wehcant

1,259 posts

Posted by wehcant > 2020-10-09 09:11 | Report Abuse

This counter is very difficult to goreng. Syndicates can't outsmart the big boys.

Besafe

1,239 posts

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

Wondering what other news can make ppl push this share up. It seems every here and now myeg post news, it doesn't seem to attract ppl.

abunene

10 posts

Posted by abunene > 2020-10-09 09:36 | Report Abuse

fly, fly, fly the butterfly, in the meadow is flying high.

Riaz1954

1,296 posts

Posted by Riaz1954 > 2020-10-09 09:57 | Report Abuse

MyEg is solid, perhaps little boring for some....investors have been distracted by rubbers...not many companies will make profits this and next year MYEG high profitability and good ROC. Patience is needed

Posted by wallstreetrookie > 2020-10-09 09:59 | Report Abuse

Yeah I’m at MyEG office now. Wah good management and staffs. Solid company

wehcant

1,259 posts

Posted by wehcant > 2020-10-09 10:50 | Report Abuse

If you want to goreng this counter, pergi jauh jauh. This is not the counter.

Posted by menotassassin > 2020-10-09 10:52 | Report Abuse

Dont sell now, you regret later, next tuesday Anwar meet Agong, conlanfim drop like shit. Better sell now take profit. MYEG is gomen related stock, conlanfim will drop gao gao...

Posted by menotassassin > 2020-10-09 10:54 | Report Abuse

Dont belif wat I say?? Look at September 23 price, Anwar make announcement last week, MYEG price waterfall skydive, you have been warned!!!

Posted by menotassassin > 2020-10-09 11:09 | Report Abuse

Still dont belif me?? Look at the queue to sell!! CONLANFIM will skydive!!

Liquidity

418 posts

Posted by Liquidity > 2020-10-09 11:11 | Report Abuse

drop short term so what la? most MYEG investors are long term la. Their contracts in Malaysia secured already. Overseas Indo and Phillipines also growing. Solid counter irrespective of who the PM is in Malaysia.

Posted by menotassassin > 2020-10-09 11:22 | Report Abuse

Most long term??? Hahahahaha! Long term investors wont come in here.....Those who came here are all short term looking for direction!!!!

Liquidity

418 posts

Posted by Liquidity > 2020-10-09 11:24 | Report Abuse

seeking direction from you la must be. grand master sifu investor. lol.

wehcant

1,259 posts

Posted by wehcant > 2020-10-09 11:38 | Report Abuse

Another good news???

wehcant

1,259 posts

Posted by wehcant > 2020-10-09 11:39 | Report Abuse

NIIS this time?

wae_omar

39 posts

Posted by wae_omar > 2020-10-09 11:39 | Report Abuse

tudia..gogogogo.myeg..yeay......

simple30

70 posts

Posted by simple30 > 2020-10-09 11:40 | Report Abuse

NIIS play - htpadu, myeg, ancomlb, scicom, dsonic, iris

my money is on ancomlb as the proxy to S5

wehcant

1,259 posts

Posted by wehcant > 2020-10-09 11:40 | Report Abuse

MyEG's subsidiary PT Cartenz Tekno Lab receive letter of acceptance also from the government of Indonesia?

wae_omar

39 posts

Posted by wae_omar > 2020-10-09 11:46 | Report Abuse

ore bodo je jual myeg nii..

wehcant

1,259 posts

Posted by wehcant > 2020-10-09 11:46 | Report Abuse

MyEg also own S5, not to forget.

K0W3SE4

78 posts

Posted by K0W3SE4 > 2020-10-09 11:52 | Report Abuse

I see discount i buy

anthonytkh

1,802 posts

Posted by anthonytkh > 2020-10-09 12:01 | Report Abuse

https://www.klsescreener.com/v2/news/view/738069


KUALA LUMPUR (Oct 9): The Ministry of Health's (MoH) Covid-19 test screening will provide multiple monetisation opportunities to My EG Services Bhd (MyEG), according to CGS-CIMB Research.

In a note today, the research house's analyst Mohd Shanaz Noor Azam said there will be three monetisation opportunities from the project, namely Covid-19 test screening fee (which ranges from RM30 to RM150 for Malaysian nationals and RM60-250 for foreigners, depending on the type of Covid-19 detection test), service fee for mandatory quarantine at a private facility, and a "meet and greet" service to assist travellers throughout the processes.

“We understand that the Covid-19 test screening will be done twice, once on arrival and again on the 14th day after arrival,” he added.

MyEG announced yesterday it had received a letter of acceptance from the MoH to undertake the provision of an online payment system for inbound travellers to pay for Covid-19 test screening and quarantine charges, prior to their arrival in the country.

While no fixed value for the project has been given by management, CGS-CIMB sees room for higher Covid-19 test screening demand with the potential recovery in tourist arrivals beyond 2020.

“The latest passenger traffic data published by Malaysia Airports Holdings Bhd indicated a total of 85,000 international travellers in August 2020. Assuming a 50-50 mix between arriving and departing passengers, we estimate an average of 1,300 international arrivals daily,” said Mohd Shanaz.

CGS-CIMB also projected a recovery in international passenger traffic from 10 million in 2020, to 18.6 million in 2021 and 39.9 million in 2022.

CGS-CIMB reiterates its "add" call on MyEG, with an unchanged target price of RM1.96.

Bull13

1,064 posts

Posted by Bull13 > 2020-10-09 12:23 | Report Abuse

If MyEg wins the RM1.2B NIIS project, it will be re rated to TP rm3.00?

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-09 12:28 | Report Abuse

KUALA LUMPUR (Oct 9): The Ministry of Health's (MoH) Covid-19 test screening will provide multiple monetisation opportunities to My EG Services Bhd (MyEG), according to CGS-CIMB Research.

In a note today, the research house's analyst Mohd Shanaz Noor Azam said there will be three monetisation opportunities from the project, namely Covid-19 test screening fee (which ranges from RM30 to RM150 for Malaysian nationals and RM60-250 for foreigners, depending on the type of Covid-19 detection test), service fee for mandatory quarantine at a private facility, and a "meet and greet" service to assist travellers throughout the processes.

“We understand that the Covid-19 test screening will be done twice, once on arrival and again on the 14th day after arrival,” he added.

MyEG announced yesterday it had received a letter of acceptance from the MoH to undertake the provision of an online payment system for inbound travellers to pay for Covid-19 test screening and quarantine charges, prior to their arrival in the country.

While no fixed value for the project has been given by management, CGS-CIMB sees room for higher Covid-19 test screening demand with the potential recovery in tourist arrivals beyond 2020.

“The latest passenger traffic data published by Malaysia Airports Holdings Bhd indicated a total of 85,000 international travellers in August 2020. Assuming a 50-50 mix between arriving and departing passengers, we estimate an average of 1,300 international arrivals daily,” said Mohd Shanaz.

CGS-CIMB also projected a recovery in international passenger traffic from 10 million in 2020, to 18.6 million in 2021 and 39.9 million in 2022.

CGS-CIMB reiterates its "add" call on MyEG, with an unchanged target price of RM1.96.

MyEG shares rose 3 sen or 2.24% to RM1.37 at 10.13am.

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-09 12:28 | Report Abuse

KUALA LUMPUR (Oct 9): The Ministry of Health's (MoH) Covid-19 test screening will provide multiple monetisation opportunities to My EG Services Bhd (MyEG), according to CGS-CIMB Research.

In a note today, the research house's analyst Mohd Shanaz Noor Azam said there will be three monetisation opportunities from the project, namely Covid-19 test screening fee (which ranges from RM30 to RM150 for Malaysian nationals and RM60-250 for foreigners, depending on the type of Covid-19 detection test), service fee for mandatory quarantine at a private facility, and a "meet and greet" service to assist travellers throughout the processes.

“We understand that the Covid-19 test screening will be done twice, once on arrival and again on the 14th day after arrival,” he added.

MyEG announced yesterday it had received a letter of acceptance from the MoH to undertake the provision of an online payment system for inbound travellers to pay for Covid-19 test screening and quarantine charges, prior to their arrival in the country.

While no fixed value for the project has been given by management, CGS-CIMB sees room for higher Covid-19 test screening demand with the potential recovery in tourist arrivals beyond 2020.

“The latest passenger traffic data published by Malaysia Airports Holdings Bhd indicated a total of 85,000 international travellers in August 2020. Assuming a 50-50 mix between arriving and departing passengers, we estimate an average of 1,300 international arrivals daily,” said Mohd Shanaz.

CGS-CIMB also projected a recovery in international passenger traffic from 10 million in 2020, to 18.6 million in 2021 and 39.9 million in 2022.

CGS-CIMB reiterates its "add" call on MyEG, with an unchanged target price of RM1.96.

MyEG shares rose 3 sen or 2.24% to RM1.37 at 10.13am.

Hawk Eye

158 posts

Posted by Hawk Eye > 2020-10-09 12:35 | Report Abuse

MYEG is superb, my plan was to stay at 1.40,bt after suggestion of friend money life , then get more icing on cake at 1.42...superb

Posted by johnhuathuat > 2020-10-09 13:04 | Report Abuse

ya loh. this one worth holding long term

LiimInvest

2,267 posts

Posted by LiimInvest > 2020-10-09 13:30 | Report Abuse

Strong fundamental

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