Posted by wallstreetrookie > 2020-10-09 13:53 | Report Abuse

Strong fundamental but selling pressure is too heavy. Very scared to top up more now wait until weakness

Posted by wallstreetrookie > 2020-10-09 13:53 | Report Abuse

see how many lots got cleared before lunch break crazy volume

Posted by wallstreetrookie > 2020-10-09 14:17 | Report Abuse

going up too fast. Profit taking later.

Posted by LiimInvest > 2020-10-09 15:14 |

Post removed.Why?

Posted by icecool > 2020-10-09 16:52 | Report Abuse

myeg very good performances today, can eat rm460 burger hahaha

Posted by wallstreetrookie > 2020-10-09 17:21 | Report Abuse

yeah good job again. Sold 30% with profit. Nice

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

1.5 resistance remember. See if next week can break resistance

Posted by BetterNation > 2020-10-09 21:42 | Report Abuse

Quarter ended 31 Dec 2017
EPS is 6 2, Price is Rm2. 50, PE: 40

Current EPS: 7.0, Price: Rm1.40, PE: 20

Currently Myeg is having lower PE but higher EPS compare to peak period few years back.

Please correct me if any mistake.

Posted by lee9fold > 2020-10-09 22:19 | Report Abuse

wallrookie tot himself very pandai earn few bids then cabut
what a joker, very entertaining

Posted by wallstreetrookie > 2020-10-09 22:48 | Report Abuse

haha hello you come from Dsonic right?

Posted by wallstreetrookie > 2020-10-09 22:49 | Report Abuse

congrats for making this far now come join the fun

Posted by Bull13 > 2020-10-10 08:55 | Report Abuse

Citing sources, the report said My EG Services Bhd (MyEG) was bidding for the contract with HeiTech Padu and S5 Systems Sdn Bhd as a consortium.

MyEG's 20.86% shareholder Asia Internet Holdings Bhd also holds a 10.39% stake in HeiTech Padu, according to their bourse filings.

Posted by Bull13 > 2020-10-10 08:56 | Report Abuse

NIIS winner is Htpadu/MyEg/S5?

Posted by jayman > 2020-10-10 09:21 | Report Abuse

BIMB Securities maintains 'buy' on MyEG
ANALYST REPORTS
Friday, 09 Oct 2020 8:54 AM MYT


BIMB Securities maintained a target price of RM1.70 on the stock, which implies 21 times and 16 times price-earnings of FY20 and FY21 respectively

KUALA LUMPUR: BIMB SEcurities Research has maintained its "buy" call on MyEG Services Bhd following news of its acceptance of a two-year Health Ministry contract to undertake the provision of online payment of Covid-19 screening tests and quarantine charges for inbound travellers.

There will be no processing fee charges under the project, although MyEG will monetise via Covid-19 screening tests through its collaboration with panel clinics and ancillary services.


"We are positive on the announcement as we see this will improve the process of administrating Covid-19 screenings and designating for inbound travellers," BIMB Securities.

The research house kepts its earnings forecasts pending details from MyEG's management.

However, it remains confident over MyEG's capavilities to manage the project given its proven track record in handling ad-hoc basis projects.

BIMB Securities maintained a target price of RM1.70 on the stock, which implies 21 times and 16 times price-earnings of FY20 and FY21 respectively. It offers 24.1% upside to the last traded price on Thursday.

"We see the decline in MYEG’s share price at current level as an attractive buying opportunity as its long-term fundamentals remains intact," it said.

Posted by jayman > 2020-10-10 09:21 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/10/09/bimb-securities-maintains-039buy039-on-myeg

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

https://www.thestar.com.my/business/business-news/2020/10/09/trading-ideas-top-glove-airasia-censof-myeg


MyEG will provide the Ministry of Health an online payment system for inbound travellers to pay for Covid-19 screening and quarantine charges.

Posted by LiimInvest > 2020-10-11 20:14 |

Post removed.Why?

Posted by Shadows > 2020-10-12 10:33 | Report Abuse

This is going to be big boost for myeg in short and long term as all countries badly wanted to open up the sky. I like this company for continuous improvement in services and upper hand to win gov project.

Posted by wallstreetrookie > 2020-10-12 11:27 | Report Abuse

Steady growth

Posted by BetterNation > 2020-10-12 12:40 | Report Abuse

Myeg have the chance to implement the same online payment system for Philippine for Covid-19 screening and quarantine charges since currently there is ready payment gateway in Myeg Philippine and they also work with Philippine government on tracing Covid.

https://myeg.ph/

Posted by Witty > 2020-10-12 15:56 | Report Abuse

Tomorrow, does u think Anwar will make a different? or remain the same?

Posted by Witty > 2020-10-12 17:04 | Report Abuse

Maintain price after cmco announcement.

Posted by anthonytkh > 2020-10-12 17:13 | Report Abuse

Yes. Always trust tech esp online payment companies

Posted by johnhuathuat > 2020-10-12 18:48 | Report Abuse

ah wong non stop buy. very rich la ah wong

Posted by LiimInvest > 2020-10-12 23:47 | Report Abuse

Don’t worry .. MYEG biz not impact by cmco

Posted by Atan311 > 2020-10-13 15:53 | Report Abuse

CLSA maintains BUY rating , with a
higher target price of RM2.00 (previously RM1.75).

MYEG will be providing an online payment system for inbound travellers. This
provides upselling opportunities for its Covid-19 testing business, while
introducing new revenue streams in the form of hotel commissions (for quarantine)
and meet and greet services. Thus, we raise our 20CL and 21CL earnings by 11%
and 14%. While these requirements may be short-term in nature, the same
platform can be utilised to deploy VLN (e-visa) services when borders reopen,
which could raise our 21CL earnings by 8%.

Online payment system for inbound travellers
. The group received a letter of acceptance from the Ministry of Health to provide an
online payment system for inbound travellers to register and make payments for Covid-19 screening tests and quarantine charges. The tenure of the project will be two years, effective from 1 November 2020.
Upselling opportunities for Covid-19 testing and hotel commissions

We estimate this new business to contribute RM12m in monthly net profit. This
assumes 3k daily inbound travellers, an RM150 testing fee with two applications (once
upon entry and once before leaving) and a 20% net margin. On top of this, we assume
hotel commission fees (for quarantine) of 3%, a take-up rate of 50% (the alternative is
government centres) and room-rates of RM250 per night (for 14 days). There is also an optional meet and greet service for RM800, with a target take-up rate of 5%.

Raise earnings 11%-14%, but assumptions subject to change in requirements.

Positively, while these requirements may be deemed short term, the same platform can be utilised to deploy VLN (e-visa) services when borders reopen, which could raise our 21CL earnings 8%.

We retain our BUY on the stock with a higher target price of RM2.00 (from RM1.75).
This is based on an unchanged target PE multiple of 24.5x and 21CL EPS.

Posted by Joyce8439 > 2020-10-14 08:06 | Report Abuse

Is anyone know, what does the dividend from Myeg means, with dividend re-investment plan?

Posted by forever8888 > 2020-10-14 08:47 | Report Abuse

You may choose either cash or shares for the dividend.

Posted by Liquidity > 2020-10-14 10:48 | Report Abuse

How to choose?

Posted by forever8888 > 2020-10-14 11:55 | Report Abuse

Inform your remisier

Posted by anthonytkh > 2020-10-14 12:09 | Report Abuse

Cash = take profit. Shares = trust the company

Posted by Liquidity > 2020-10-14 14:02 | Report Abuse

i guess default is shares. i'll keep the shares then.

Posted by Liquidity > 2020-10-14 14:03 | Report Abuse

don't mind holding this counter for a few years also.

Posted by bowman > 2020-10-14 15:17 | Report Abuse

better keep shares - when is exit date

Posted by bowman > 2020-10-14 15:19 | Report Abuse

Did you realise that PRDM no longer allows you to use MyEg to pay summons? There is one big chunk of business gone. How many will follow? I think this sorts of average out whatever it will be doing

Posted by doglover > 2020-10-14 15:26 | Report Abuse

this mygg share so hard to move..

Posted by Grace Loh > 2020-10-14 16:18 | Report Abuse

aiyoo myeg bila u mao naik

Posted by makelittlemoney > 2020-10-14 17:10 | Report Abuse

https://www.myeg.com.my/services/pdrm

Posted by johnhuathuat > 2020-10-14 18:36 | Report Abuse

really bowman? i tried just now still can leh

Posted by icecool > 2020-10-14 21:02 | Report Abuse

everyday sell down how to go up ?

Posted by Atan311 > 2020-10-15 09:21 | Report Abuse

CGS-CIMB reiterates Add with higher TP of RM2.10

We see the new MOH e-payment concession as a potential game changer
for MyEG’s future earnings. We raise FY21-22F EPS by 7-10%. Reiterate Add, with a higher RM2.10 TP.

Management highlighted that the recently awarded e-payment concession for Covid-19 test screening and quarantine management by the Ministry of Health (MOH) concession essentially forms an extension of its proposed Visa Luar Negara (VLN) project. Given the ongoing pandemic, the government is focusing on improving Covid-19 testing and quarantine management processes to contain imported Covid-19 cases and gradually move towards the re-opening of borders and post-pandemic travel to revive the tourism industry.

This is a potential game changer for MyEG. Market research group Trading Economics is projecting tourist arrivals in Malaysia to fall by 55% yoy in 2020 to 12m, before recovering to 18.6m in 2021F and 24m in 2022F. In spite of attractive growth potential for MyEG, we think the service take-up will be dependent upon the border reopening timeline decision by the government.

MyEG now has the opportunity to expand into the online travel agency (OTA) business, given its role as quarantine management aggregator for private facilities. The group expects to
collect service fees of 3-5% as an OTA. We see this is an attractive new venture for MyEG, which could potentially replicate its model to upsell value-added services such as travel insurance for tourists. In addition, management sees potential in replicating its e-payment platform and quarantine management in other countries e.g. Philippines.

Our sensitivity analysis indicates a potential RM93m-120m contribution to MyEG’s FY21-
22F revenue based on 1% of [Trading Economics’ projected] international tourist arrivals. While we see room for MyEG to capture a bigger share of tourist arrivals, we prefer to take a conservative estimate of tourist arrivals amid the uncertainty caused by the pandemic.

Overall, we raise our FY21-22F EPS by 7-10%. Reiterate Add, with a higher RM2.10 TP, still based on 24x CY21F P/E, in line with its 5-year historical mean.

Posted by cmchan11 > 2020-10-15 09:29 | Report Abuse

Hardly move......

Posted by KLLee_0110 > 2020-10-15 09:59 | Report Abuse

Is time to hit the target price because COVID-19 will be coming as good news for myeg.

Posted by KLLee_0110 > 2020-10-15 11:05 | Report Abuse

Long time myeg did not achieve top volumes & gainers

Posted by KLLee_0110 > 2020-10-15 15:29 | Report Abuse

Myeg prices was low. All related to vaccine counter all went up

Posted by anthonytkh > 2020-10-15 15:30 | Report Abuse

https://www.klsescreener.com/v2/news/view/740599

Posted by KLLee_0110 > 2020-10-15 16:12 | Report Abuse

Many months already Myeg havent goes up to their limit

Posted by cmchan11 > 2020-10-15 16:29 | Report Abuse

How to go up ? Control by Taiko.....

Posted by icecool > 2020-10-15 16:45 | Report Abuse

myeg need to be like VS stable bull run to go up

Posted by wehcant > 2020-10-15 16:48 | Report Abuse

When TS Wong keeps acquiring, we shal not stop accumulating.