MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.925

Today's Change

+0.04 (4.52%)

Day's Change

0.905 - 0.93

Trading Volume

28,968,900


67 people like this.

66,659 comment(s). Last comment by U1818 57 minutes ago

Posted by alexlee06037 > 2020-12-09 16:39 | Report Abuse

Something big coming......

MonkeyFoo

265 posts

Posted by MonkeyFoo > 2020-12-09 16:47 | Report Abuse

阿联酋称中国国药集团疫苗有效性达86%

据《新浪财经》报道,阿联酋自7月以来一直在进行国药集团(China National Pharmaceutical Group)疫苗的三期临床试验,并于9月份紧急批准该国卫生工作者使用这种疫苗。

对持有125个不同国籍的约3.1万名志愿者进行的临床实验显示,这款中国生产的疫苗对抗病毒感染的有效性为86%,中和抗体转阳率为99%,能100%预防中度和重度的冠病病例。而且相关研究没有发现疫苗存在严重的安全隐患。

此前国药集团研发的疫苗在阿联酋获批上市,国药股份今天涨停。

为什么回教国家没有买MYGG清蒸疫苗,我要哭了

MonkeyFoo

265 posts

Posted by MonkeyFoo > 2020-12-09 16:50 | Report Abuse

阿黄可以叫顶级阿才投机他的清蒸疫苗

UseBrainS

23 posts

Posted by UseBrainS > 2020-12-09 17:19 | Report Abuse

好的 monkey 明天我们会卖掉的

Posted by mrlimitdown > 2020-12-09 17:30 | Report Abuse

right issue

Posted by Sweetchocalates > 2020-12-09 17:41 | Report Abuse

Epf just increased its stake in myeg from 7.2% to 7.5% within days

Posted by Sweetchocalates > 2020-12-09 17:41 | Report Abuse

Possible 8% very soon

Bcareful

230 posts

Posted by Bcareful > 2020-12-09 17:48 | Report Abuse

Ok,i think the upward movement still intact, momentum is still here, closely monitor to buy back

Lele

523 posts

Posted by Lele > 2020-12-09 18:03 | Report Abuse

MYEG的配股集資( Placement Shares )即是公司分配220,000,000股份給一些指定的人仕或法人團體為公司籌集RM407,000,000.00資金( @RM1.85 )。它是用來[ 發展政府給的工程 ]和[ 未來的發展 ],請注意! 公司[ 不是用來償債 ]。所以是好事。

mikekim

1,311 posts

Posted by mikekim > 2020-12-09 18:19 | Report Abuse

MYEG is losing focus on its core business - government e-services.

Majority of the proceeds will be used for speculative purposes - venturing into healthcare services (that may not materialize). and a large amount of cash is expected to be spent.

Does not look too good in terms of use of proceeds.

Zuliana

5,395 posts

Posted by Zuliana > 2020-12-09 18:21 | Report Abuse

Susah lah.

Trading halt, no trading how to make money?

Posted by emc2garylow > 2020-12-09 18:33 | Report Abuse

Think positively, if those people getting the private placement think the share price is not worth above rm 1.85 then why you think they want get this share? Surely company will push the price above rm1. 85 to make them happy... Ask you buy rm 1.85 u want mei if u think is not worth it? Not free share OK,and no people want to invest at rm 1.85 and loss money after that right..

Shashe

105 posts

Posted by Shashe > 2020-12-09 18:34 | Report Abuse

So tomorrow how? Up or down?

Posted by Sweetchocalates > 2020-12-09 18:41 | Report Abuse

@Mikekim

What specative????

This is what myeg said about their healthcare business in the report. Go read.

"In addition, the Group plans to expand its services by setting up health screening checkpoints throughout the
country, subject to appointment by the relevant authorities. The expected costs for the health screening includes
the cost to set up mobile laboratories and purchase of equipment for health screening."


They have been earning from covid testing. And expect revenue to increase from this segment when travelling goes back to normal as in-bound passengers are subject to testing upon arrival.


As for the vacinne, only rm84 mil is allocated for it. Not all of the proceeds for healthcare goes to vacinne. The other rm84 mil goes to the set up of mobile health screening checkpoints( already earning money from health screening)


Myeg management is very clever and cunning to take opportunities in this very hard time.

swimvshark

162 posts

Posted by swimvshark > 2020-12-09 18:41 | Report Abuse

Very funny when people have no ticket will say this not look too good. Cos they want cheap ticket. Go buy expensive ticket to show some support la.

Posted by Sweetchocalates > 2020-12-09 18:42 | Report Abuse

84mil for vacinne/ rm407 x 100 = 20.6% goes to vacinne.

maf1964

466 posts

Posted by maf1964 > 2020-12-09 18:44 | Report Abuse

up

Posted by Sweetchocalates > 2020-12-09 18:46 | Report Abuse

If they set up testing zone throughout the country, imagine the profit they can get from this.

Besafe

1,239 posts

Posted by Besafe > 2020-12-09 18:51 | Report Abuse

On behalf of MYEG, CIMB Investment Bank Berhad wishes to announce that the book-building exercise in relation to the first tranche of the Proposed Placement has been completed.



Under the first tranche of the Proposed Placement, the Company will be issuing 120,000,000 new MYEG Shares, representing about 3.43% of the total number of issued shares (excluding treasury shares) of MYEG.



The Company had fixed the issue price at RM1.80 per Placement Share (“Issue Price”). The Issue Price represents a discount of about 5.66% to the 5-day VWAMP of MYEG up to and including 8 December 2020 of RM1.908. The total gross proceeds to be raised from the Proposed Placement is about RM216.0 million.

smurfbee

1,439 posts

Posted by smurfbee > 2020-12-09 19:06 | Report Abuse

Then no wonder they push down on Dec 7. Tomorrow will fly

Riaz1954

1,296 posts

Posted by Riaz1954 > 2020-12-09 19:10 | Report Abuse

This is better than Serba, at least the placing will be used to upcoming initiatives. Company itself does not need funding the balance sheet is strong and therefore purpose is to support future projects. Keep fingers crossed!

Posted by emc2garylow > 2020-12-09 19:20 | Report Abuse

Singapore government also build hostel and rent out to those company to collect rental, how many billions are collected by rent out the hostel, by few years already can get back the cost and after that is extra profit for the company already... And if they want private placement for rm1. 85, surely push up the share price first, then those get the private placement will feel benefit when they get lower price than the market, if market price lower than 1.85 sohai still get private placement mei, better I go bursa buy la... Who will benefit from private placement cheaper price? No need guess la, sure government related fund la, u think u ah mao ah kao mei

jolow

652 posts

Posted by jolow > 2020-12-09 19:37 | Report Abuse

sohai business.. build hostel for bangla
now cannot bring in foreign worker and still want to go onto this business

jolow

652 posts

Posted by jolow > 2020-12-09 19:38 | Report Abuse

tomorrow sure gap down. hanky panky lah

Posted by Systemworks > 2020-12-09 19:59 | Report Abuse

This explains the pullback after the price surge, wanted to set the price for the PP. Investors won't be happy if the share trades at or near offer price, so expect involved parties to push the price back up tomorrow.

wehcant

1,259 posts

Posted by wehcant > 2020-12-09 19:59 | Report Abuse

True lah. Why would I want to buy MyTelur'splacement share at 1.85 when I can buy at less than 1.85 from the market. So, it won't gap down lah. Hold tight tight.

CUTLOST

5,178 posts

Posted by CUTLOST > 2020-12-09 20:06 | Report Abuse

1.80 nice Entry

tean2020

218 posts

Posted by tean2020 > 2020-12-09 20:25 | Report Abuse

How about warrant price ? I bought higher last week , will adjust ? Seem not fair hor

Zuliana

5,395 posts

Posted by Zuliana > 2020-12-09 20:35 | Report Abuse

Learning a lot from you all here. Thanks

Posted by Stephen Baster > 2020-12-09 20:55 | Report Abuse

https://www.theedgemarkets.com/article/unisem-fixes-price-first-tranche-private-placement-shares-rm550-each

Checking out Unisem Nov private placement. This should be the comparison not Serbadk. The price don't change much and still uptrend days later. But don't expect it to explode lar

SIQ555

174 posts

Posted by SIQ555 > 2020-12-09 21:05 | Report Abuse

Whenever there's a placement and the placement price, been announced, usually the share price will move-up, as the placee's interest, will be taken care.
Based on MyEG...we can expect more good/positive announcement.
Meanwhile, as it is, MyEG business of G2C & GES and further MOU with Anhui Zhifei Longcon Biopharmaceutical co. Ltd, provides profit/return to the company.

smurfbee

1,439 posts

Posted by smurfbee > 2020-12-09 21:50 | Report Abuse

Buy and load up on every dip... don’t be sochai....

NPRA1985

3,415 posts

Posted by NPRA1985 > 2020-12-09 22:31 | Report Abuse

United Arab Emirates Claims China’s Sinopharm Vaccine Is 100% Effective At Preventing Moderate And Severe Covid-19

TOPLINE The experimental vaccine developed by China National Pharmaceutical Group, also known as Sinopharm, is 86% effective at preventing Covid-19 infection and 100% effective at preventing severe and moderate disease, health officials from the United Arab Emirates announced Wednesday, although with scarce detail provided about the trial.

The UAE health ministry cited an interim analysis of a late-stage clinical trial involving 31,000 volunteers as the source of its information, though neither they nor Sinopharm provided any data from the trial to validate the claims such as how many participants were infected or how many actually received the vaccine.

The ministry said “no serious safety concerns” were observed, though, again, no information on side effects was provided.

The ministry said the announcement is a “significant vote of confidence by the UAE’s health authorities in the safety and efficacy of this vaccine.”

The ministry added that it had officially registered the vaccine at the request of the manufacturer, which it says could eventually lead to the shot’s widespread authorization.

https://www.forbes.com/sites/roberthart/2020/12/09/united-arab-emirates-claims-chinas-sinopharm-vaccine-is-100-effective-at-preventing-moderate-and-severe-covid-19/?sh=2a60fb42595c

drteh84

527 posts

Posted by drteh84 > 2020-12-09 23:49 | Report Abuse

The only Vaccine-related stock which hasn't FLY UP KAO KAO like BINTAI, SOLUTN and YONGTAI

shine7

214 posts

Posted by shine7 > 2020-12-10 00:35 | Report Abuse

drteh84, u missed out kanger... but yea, quite much potential in MYEG too, cant deny cuz of halal vaccine stuff.. u know, its MALAYsia~

drteh84

527 posts

Posted by drteh84 > 2020-12-10 01:52 | Report Abuse

I bought Bintai Solutn and Yongtai at some price, made some profit and exit. MYEG is not a Vaccine goreng stock, but strong fundamental, nice dividend, decent EPS, i will keep this till next year

Posted by emc2garylow > 2020-12-10 08:01 | Report Abuse

This jolow said border close already no more bangala come in le still build hostel, halo u haven't wake up? They build hostel for existing bangala in Malaysia, governments already said 90% of bangala hostel doesn't meet the requirement... After myeg build the hostel those bangala need to relocate, if not all these company will kena fine, see now government aim topglove already know... I think he never read news dunno what is happening around

smurfbee

1,439 posts

Posted by smurfbee > 2020-12-10 08:39 | Report Abuse

any sellers of MYEG please sell down the stock so I can buy ya... please sell it down... -10% pls. your sell is appreciated, thank you.

smurfbee

1,439 posts

Posted by smurfbee > 2020-12-10 09:05 | Report Abuse

wtf, why recover so fast? haven't hit my queue to buy...

Posted by Stephen Baster > 2020-12-10 09:12 | Report Abuse

above RM1.90 is safe lor. Barrier RM 2

Posted by Stephen Baster > 2020-12-10 09:13 | Report Abuse

Those who really read properly and deduce wont be too panic lor.

Posted by Stephen Baster > 2020-12-10 09:13 | Report Abuse

But Bursa is like Casino you never know what happened next so trade with caution guys! Cheers!

tebu24

10 posts

Posted by tebu24 > 2020-12-10 09:14 | Report Abuse

Dont even try to get at 1.8 and below....

Posted by sweetmelody > 2020-12-10 09:16 | Report Abuse

roller coaster morning

Posted by Sweetchocalates > 2020-12-10 09:19 | Report Abuse

Sorchais never read report and think will fall like serba lololol

Posted by Sweetchocalates > 2020-12-10 09:19 | Report Abuse

Take advantage of people's stupidity

Posted by Danielrose > 2020-12-10 09:26 | Report Abuse

Good FA must hold for long term

Lele

523 posts

Posted by Lele > 2020-12-10 09:26 | Report Abuse

公司都還沒有公佈何人買入。接下來一定有很多利好消息出來。

tebu24

10 posts

Posted by tebu24 > 2020-12-10 09:27 | Report Abuse

True.... Reading is essential

K0W3SE4

78 posts

Posted by K0W3SE4 > 2020-12-10 09:34 | Report Abuse

Still can goreng ah?

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