MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.885

Today's Change

-0.005 (0.56%)

Day's Change

0.87 - 0.90

Trading Volume

33,030,000


67 people like this.

66,652 comment(s). Last comment by hng33 11 hours ago

HLTGang

636 posts

Posted by HLTGang > 2021-03-03 19:39 | Report Abuse

only 1.7 sen... disappointed

Bunny69

54 posts

Posted by Bunny69 > 2021-03-03 19:50 | Report Abuse

1.7sen consider not bad dy for myeg

gohkimhock

3,045 posts

Posted by gohkimhock > 2021-03-03 19:58 | Report Abuse

Result is within expectations. The future will be even better..

Woolei

292 posts

Posted by Woolei > 2021-03-03 20:03 | Report Abuse

Result good as expected

Posted by GorengHealthcare > 2021-03-03 20:15 | Report Abuse

Revenue all-time-high at 149m; NP all-time-high at 75m.

This is a genuine growth stock. Apa lagi mau complain.

LOLANTO

126 posts

Posted by LOLANTO > 2021-03-03 20:25 | Report Abuse

result is not explosive, a bit disappointed

smurfbee

1,439 posts

Posted by smurfbee > 2021-03-03 20:28 | Report Abuse

tomorrow moon!!!

smurfbee

1,439 posts

Posted by smurfbee > 2021-03-03 20:29 | Report Abuse

record quarter and record profit!... limit up

smurfbee

1,439 posts

Posted by smurfbee > 2021-03-03 20:29 | Report Abuse

results pushed out to allow KWAP to scoop up 8M+

smurfbee

1,439 posts

Posted by smurfbee > 2021-03-03 20:30 | Report Abuse

Ah Wong need to push this to $2.5

Posted by Coconut360 > 2021-03-03 20:34 | Report Abuse

Results considered not bad, especially during this pandemic

kasim

75 posts

Posted by kasim > 2021-03-03 21:21 | Report Abuse

MyEG Services Bhd said net profit rose 6.74% to RM75.51 million in the fourth quarter ended Dec 31, 2021 from RM70.74 in the preceding quarter, boosted by revenue from Covid-19 health screenings, and online motorcycle insurance and road tax renewal service. Quarterly revenue increased 10.13% to RM149.89 million from RM136.10 million previously, as the group witnessed increased revenue contribution from its screening and accommodation arrangement service for inbound travellers.

MonkeyFoo

265 posts

Posted by MonkeyFoo > 2021-03-03 21:21 | Report Abuse

Sell on news

wehcant

1,259 posts

Posted by wehcant > 2021-03-03 21:25 | Report Abuse

Only those who do not own the share will find the result disappointing. Betul tak?

Pyh96

603 posts

Posted by Pyh96 > 2021-03-03 21:39 | Report Abuse

This is nt news
This is result
Lols..

OnTime

2,188 posts

Posted by OnTime > 2021-03-03 22:20 | Report Abuse

no complain

joecool32

35 posts

Posted by joecool32 > 2021-03-04 07:44 | Report Abuse

New to this forum but amazed at what I see. 3 consequtive qtrs of sustained growth while maintaining 50% np margin amidst a pandemic & political uncertainty is pretty impressive achievement. The mgnt team has done a tremendous job!!!

SIQ555

174 posts

Posted by SIQ555 > 2021-03-04 08:30 | Report Abuse

The quarter outcome is just the "starting point"..more to come.

q12342

89 posts

Posted by q12342 > 2021-03-04 08:42 | Report Abuse

OPENING 2.17 GG

Posted by BetterNation > 2021-03-04 08:56 | Report Abuse

I am seeing everywhere now people talking MYEG is no longer the old MYEG that depends too much on government. This is a transformed new MYEG.

OnTime

2,188 posts

Posted by OnTime > 2021-03-04 09:19 | Report Abuse

profit margin @50%? if so that's quite impressive.

CHLEONG888

923 posts

Posted by CHLEONG888 > 2021-03-04 10:07 | Report Abuse

why dropping

neverlog

36 posts

Posted by neverlog > 2021-03-04 10:07 | Report Abuse

Like to see those "Sell on news" guys, they think they are smart...lolx

Posted by LuckyHuatHuat > 2021-03-04 10:26 | Report Abuse

Malaysia market made bad by the no brainers of "buy on rumours, sell on news". These no brainers are in almost every counter.

wehcant

1,259 posts

Posted by wehcant > 2021-03-04 10:35 | Report Abuse

If people in the open market don't sell. how can Ah Wong collect? I have seen Ah Wong collecting since last August.

Jeffreyteck

4,246 posts

Posted by Jeffreyteck > 2021-03-04 10:39 | Report Abuse

Approaching tax free benefits expiration?

Posted by emc2garylow > 2021-03-04 10:42 | Report Abuse

Down because dividen only 1.7 cents per share.... Genting give 8.5 FPI give 14 cents.... Myeg so stingy give 1.7 no wonder people sell..

wehcant

1,259 posts

Posted by wehcant > 2021-03-04 12:09 | Report Abuse

Ah Wong, are you listening? You so stingy. When are you going to announce the Bonus issue???

Pyh96

603 posts

Posted by Pyh96 > 2021-03-04 12:19 | Report Abuse

What so syok about bonus issue ??
Value is the same lol

q12342

89 posts

Posted by q12342 > 2021-03-04 12:24 | Report Abuse

because when you annouce want do bonus issue share price will up

OnTime

2,188 posts

Posted by OnTime > 2021-03-04 14:44 | Report Abuse

LOL - go check out glove counters before and after bonus issues!

Posted by Hong Wei Phoon > 2021-03-04 17:07 | Report Abuse

MYEG - its full with manipulation, you want to earn from it, just hold it. a very good business model stock

HLTGang

636 posts

Posted by HLTGang > 2021-03-04 18:32 | Report Abuse

sell myeg buy vizione 7070 start moving...only 0.315 going to 0.50 very soon
lucky number 7070

Samuelgold

184 posts

Posted by Samuelgold > 2021-03-05 09:56 | Report Abuse

HLTGang haha i have the same thought with u

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-03-05 10:17 | Report Abuse

Manipulated ctr, backdoor PN must be kicked out asap.

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-03-05 10:19 | Report Abuse

1.7 sen dividend a lot why not Penergy 2 sen dividend >RM 2?

Undi_PKR

945 posts

Posted by Undi_PKR > 2021-03-05 10:20 | Report Abuse

GLC only is MyEg; PN must out.

wehcant

1,259 posts

Posted by wehcant > 2021-03-05 17:18 | Report Abuse

So many new comers commenting. Didn't see them when I started collecting at 1.37. Chase high, kena trapped, turned sour-grapes.

Lele

523 posts

Posted by Lele > 2021-03-07 20:27 | Report Abuse

(吉隆坡6日讯)3年前,一场改朝换代,被认为是政治关联股的MyEG(MYEG,0138,主板科技股)遭遇连日大跌,市值在短短4个交易日遭砍接近三分之二。

一年前,冠病疫情肆虐,在这场危机中,MyEG果断进军医疗服务相关领域;随着业绩屡创新高,股价也逐步收复失地,站回2018年5月14日(大选之后首个交易日)之后的高峰。

3年来,MyEG是如何一步一脚印地,洗脱“国阵关联股项”的名称,并透过积极扩张与发展,重新赢回投资者的青睐?

集团创办人兼董事经理黄天顺,在接受《南洋商报》独家专访中,娓娓道出这段历程。

“我们一直致力和当今政府紧密合作,提出可以帮助政府实现目标的解决方案”,黄天顺如此解释该集团与政府的关系,无论是当朝,还是前朝。

MyEG的业绩也已经充分说明了此说法,尽管在改朝换代之后,股价遭到抛售而大幅走低,但该集团的业绩并未因此出现大幅波动。

在截于2018年6月杪的财年,MyEG全年净利为1.70亿令吉;而2020财年首三季,该集团的净利就已经达到1.93亿令吉。

业绩稳健上扬

由于间中两次更换财年截止日期,上述财年数据无法按年比较,但若以季度业绩来看,MyEG无论是营业额还是核心净利,过去3年来都保持着稳定上行的趋势。

而“提出可以帮助政府实现目标的解决方案”,更体现在过去一年,MyEG大肆进军冠病相关的医疗服务领域上。

对于一家电子政府服务供应商来说,踏足这个领域,看起来更像是“不务正业”。

不过,黄天顺解释道:“冠病的爆发迫使政府需要迅速反应;而作为我国领先的电子服务供应商,MyEG加紧提供我们的创新和解决方案,以帮助对抗病毒。”

本着这样的理念,过去一年来,MyEG在我国推出了为雇主提供冠病检测一站式门户网站;在印尼推出冠病追踪应用程式;在菲律宾开发冠病测试应用程式等。

该集团甚至与中国安徽智飞龙科马生物制药有限公司合作,在我国进行疫苗第三阶段临床试验,以及成为该疫苗我国的独家分销商。

xysmal

2 posts

Posted by xysmal > 2021-03-08 13:22 | Report Abuse

CLSA Raises Target Price to RM2.80

MYEG is a proxy to digitisation trends, with its latest venture being e-testing (driver’s
test). Coupled with strong Covid-19 testing volume, we forecast 21CL earnings
growth of 18% YoY. This helps offset lower job matches, as businesses are occupied
with new foreign worker regulations. We raise our target price from RM2.25 to
RM2.80 based on a higher target PE multiple of 29x, capturing accelerating
digitisation trends and the removal of concession concerns. We maintain our BUY
rating.

Driven by new services, its 2020 earnings increased 9% YoY to RM268m. This was
within estimates, underpinned by Covid-19 health screening and quarantine
services.

Expanding its services within the road transport department, it will be digitalising future
driving tests. This will involve the installation of cameras and sensors on 2-3k cars, to
automate exercises such as slope tests, reverse parking and parallel parking. Including retakes, there are 1m driver tests conducted annually. The service is targeted for 2H21.

We lift our 22CL earnings 9%, to reflect full-year e-testing revenue. We also revise our assumptions upwards for its Covid-19 testing business, which now conducts 5k tests daily.

We value MYEG at a higher target price of RM2.80 (from RM2.25), based on a
higher target PE of 29x (from 24x) and rolling forward our base year to 22CL.We believe political
concern have been removed given the renewal of its concessions. We believe its
position is now stronger than ever, with new projects secured. We also reflect the faster
digitisation efforts brought by Covid-19.

OnTime

2,188 posts

Posted by OnTime > 2021-03-08 15:06 | Report Abuse

Ah Wong should start buying again.

Fattymin

245 posts

Posted by Fattymin > 2021-03-08 15:45 | Report Abuse

y going down ?

mjojo007

93 posts

Posted by mjojo007 > 2021-03-08 17:27 | Report Abuse

Anyone knows why the directors kept buying the shares from open market?

silverwave

402 posts

Posted by silverwave > 2021-03-08 21:49 | Report Abuse

drop a lot today

alan_azs

36 posts

Posted by alan_azs > 2021-03-08 21:52 | Report Abuse

kwsp beli,kejap dah jual,esok beli balik.then jual balik.last2 aku kelua le.tak bole menang le lawan jerung.lubuk dia buat duit je ni

xexlone

387 posts

Posted by xexlone > 2021-03-09 09:30 | Report Abuse

"E" Super badass!

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