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 9 hours ago

RainT

8,448 posts

Posted by RainT > 2021-03-09 09:55 | Report Abuse

so many newbie comments & its funny

RainT

8,448 posts

Posted by RainT > 2021-03-09 09:55 | Report Abuse

these newbies dont know how MYEG share price plummeted when BN lose in last election

RainT

8,448 posts

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

also newbies not realise no matter how good MYEG is, the share price still strongly perceived & associated with government

moi87

79 posts

Posted by moi87 > 2021-03-09 11:05 | Report Abuse

collected at RM1.41. was stagnant for months but owner kept buying. then it surged. now I see it is similar situation. have no doubt will limit up again as he has been buying:)

Posted by GrahamNewman > 2021-03-09 15:31 | Report Abuse

Good to see this stock still can sustain after i collected at 0.77/share when BN lost election and sold @ 2.03 per share recently, though not the highest price i can sell but it's a satisfactory results. The business is good, but the price now doesn't justify it. Government stock or not, I buy only when the price present a very deep discount to my intrinsic value, which happened in mid 2018.

It's funny when i am buying @ 77 cents, everyone in this forum is all doom and gloom, and the argument of avoiding this BN stock comes from everyone. Who knows it went all the way from 77 cents to 2 ringgit..

I can see some old names here who didn't act in 2018 and sounds regretful.

CHLEONG888

923 posts

Posted by CHLEONG888 > 2021-03-09 17:05 | Report Abuse

believe tomorrow will rebound strongly, wait and see

mjojo007

93 posts

Posted by mjojo007 > 2021-03-09 17:44 | Report Abuse

haha..deswai buy at low...

scholez18

87 posts

Posted by scholez18 > 2021-03-09 18:00 | Report Abuse

Sometimes, people don't participate in forum banters - doesn't mean they're newbies. Me for one a long-only shareholder, a silent observer, most of the time amuse myself reading short term traders' boastful comments :)

HLTGang

636 posts

Posted by HLTGang > 2021-03-09 21:43 | Report Abuse

will drop futher to Rm1.90

Pyh96

603 posts

Posted by Pyh96 > 2021-03-09 23:00 | Report Abuse

Strong rebound tomorrow

gohkimhock

3,045 posts

Posted by gohkimhock > 2021-03-09 23:06 | Report Abuse

those who panic sold today really 暗屌..

Samuelgold

184 posts

Posted by Samuelgold > 2021-03-10 09:53 | Report Abuse

Boss acquired

Lele

523 posts

Posted by Lele > 2021-03-10 11:50 | Report Abuse

可以跨州,大选就应该不远了。

OnTime

2,188 posts

Posted by OnTime > 2021-03-10 13:06 | Report Abuse

Ah Wong is the Man!

Lele

523 posts

Posted by Lele > 2021-03-11 05:22 | Report Abuse

https://www.chinapress.com.my/?p=2429438
有人知道现在到什么情况了嘛?

xexlone

387 posts

Posted by xexlone > 2021-03-11 08:55 | Report Abuse

Uncle Wong showing his hand!

fionayip

27 posts

Posted by fionayip > 2021-03-11 09:58 | Report Abuse

Never tot this counter follow technology index. Tech drop he drop

OnTime

2,188 posts

Posted by OnTime > 2021-03-11 11:08 | Report Abuse

Ah Wong keeps buying with both hands means the stock is undervalued.

CHLEONG888

923 posts

Posted by CHLEONG888 > 2021-03-11 18:20 | Report Abuse

this f counter, dropping everyday, although strong fundamental

SillyCow

11 posts

Posted by SillyCow > 2021-03-11 20:16 | Report Abuse

u know why? because it got shorted
https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20210310.pdf

the shorted position is increasing everyday.

maney

257 posts

Posted by maney > 2021-03-11 20:23 | Report Abuse

Epf also disposed.

KopiDuit

88 posts

Posted by KopiDuit > 2021-03-11 21:00 | Report Abuse

Wong & EPF only playing.They know tht the market doesnt know ?? .KEEP on collecting.

Posted by blackleopard > 2021-03-11 21:23 | Report Abuse

@SillyCow u know why? because it got shorted
https://www.bursamalaysia.com/misc/missftp/sblnt/NetShortPosition20210...

the shorted position is increasing everyday.


Not as simple as ABC...if follow your logic, then how to explain Air Asia.
Today AA up 9 cent, but accumulated RSS up to date was 60 mil, just rank No.2 just behind TopGlove in NetShortPosition list

5099 AIRASIA AIRASIA GROUP BERHAD 60,049,817 1.62

Posted by emc2garylow > 2021-03-12 08:57 | Report Abuse

Myeg last time purchase the equipment for handing gst, but then pakatan can the gst so the machine value wipe off, that quarter is the only quarter myeg loss money.... Now if gst come back, myeg will add back that fund as profit, and perform gst handling is another source of income to the company...if he believe gst coming back then just hold... Government no money already u think what they going to do... Hehehe

bobochacha

536 posts

Posted by bobochacha > 2021-03-12 13:13 | Report Abuse

there is good and bad when the epf and other big fund have substantial stake.. when the price is up, epf tend to take profit and pressing the price from going higher.

Posted by BostonMaxwell > 2021-03-12 19:24 | Report Abuse

Myeg sure up kaw kaw..... If the government tend to implement GST during this year end budget.... Then sure myeg get it... Because they already have this system....I dont think the government will appoint other company because it is just few months ahead... They sure will give myeg instead of calling other company to build up this system....

OnTime

2,188 posts

Posted by OnTime > 2021-03-13 11:18 | Report Abuse

govt cannot just print money. They have to get it thru gst to fatten the coffer.

maney

257 posts

Posted by maney > 2021-03-13 11:22 | Report Abuse

Anyone knows where can I get most recent substantial shareholders list (FREE) ? Top20.

RainT

8,448 posts

Posted by RainT > 2021-03-13 14:21 | Report Abuse

so MYEG can reversal of impairments it did early

wow, if GST is MYEG sure kaya lo

RainT

8,448 posts

Posted by RainT > 2021-03-13 14:21 | Report Abuse

but i doubt government will give MYEG do or not

RainT

8,448 posts

Posted by RainT > 2021-03-13 14:21 | Report Abuse

but if no GST also , MYEG revenue, profit & margin is still good

RainT

8,448 posts

Posted by RainT > 2021-03-13 14:24 | Report Abuse

if GST is make comeback

sure government marks will be minus a lot from the people

Posted by topglove11 > 2021-03-13 14:50 | Report Abuse

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Posted by emc2garylow > 2021-03-14 17:07 | Report Abuse

Government fine sop rm10k already minus how many mark, u think government care u think?

Posted by information > 2021-03-14 17:42 | Report Abuse

https://www.straitstimes.com/asia/se-asia/malaysia-hands-5g-spectrum-to-little-known-firm-controlled-by-politically-linked-tycoon

KUALA LUMPUR - Malaysia has quietly awarded the highly sought-after 5G telecommunications spectrum to several players, including the little-known Altel, a firm controlled by the reclusive but politically connected tycoon Syed Mokhtar al-Bukhary, seemingly without an open tender previously promised.

The May 15 decision, signed off by Communications and Multimedia Minister Saifuddin Abdullah, went unannounced to the public and appears to be the first major reversal of infrastructure policy by the three-month-old Perikatan Nasional (PN) government.

KopiDuit

88 posts

Posted by KopiDuit > 2021-03-14 17:48 | Report Abuse

GST - GET $$$$$ TIME. No $$$$$ loh, after covid spending. Time to COLLECT Back ???????

Posted by WinningBenning > 2021-03-15 09:09 | Report Abuse

Attempt to hit the target of 2.25 soon.

Lele

523 posts

Posted by Lele > 2021-03-15 11:12 | Report Abuse

感覺已經有聞到馬國要大選了。 議席在第15屆大選的談判最近感覺很熱。

neverlog

36 posts

Posted by neverlog > 2021-03-15 13:05 | Report Abuse

emc2garylow if you follow tight SOP, what 7 you worry? 1K fine nobody care, all party like no tomorrow. Fine 10K baru takut.

OnTime

2,188 posts

Posted by OnTime > 2021-03-15 14:56 | Report Abuse

Wow, Ah Wong is trying to buy up Myeg!

silverwave

402 posts

Posted by silverwave > 2021-03-15 16:27 | Report Abuse

dropping again

sheldon

1,406 posts

Posted by sheldon > 2021-03-15 20:52 | Report Abuse

Whilst it's nice to hear an informed insider adding more of his skin to the company, it does not necessarily imply that the company is worth more than the price he paid it for.

Remember Top Glove when on hindsight, it appeared that the insiders bought a chunk of shares at pretty exorbitant prices. They could also be carried away by optimism & hype.

OnTime

2,188 posts

Posted by OnTime > 2021-03-16 09:08 | Report Abuse

director buying gives a much better optics than directors selling, besides who knows better than insiders abt the valuation of the company?

scholez18

87 posts

Posted by scholez18 > 2021-03-16 14:08 | Report Abuse

Wong has been perpetually buying MYEG. What's weird is despite all the buying, price remains flat. Retailers have been selling also?

newbie8080

2,748 posts

Posted by newbie8080 > 2021-03-16 14:13 | Report Abuse

@scholez18

It's because their share base is high at 3.6 billion.

1% of that is already 36 million shares/RM72 million in value.

It's difficult to push unless there's catalyst eg:rumours/news that excite the market to buy more.

OnTime

2,188 posts

Posted by OnTime > 2021-03-16 15:43 | Report Abuse

GST is coming...


PETALING JAYA: The government is looking at a variety of measures to expand its revenue base, and has not ruled out a return of the goods and services tax (GST) as part of the measures.

Speaking during a panel discussion organised by the World Bank Group, finance ministry deputy secretary-general (Policy) Zakiah Jaafar said the government was examining tax reforms when the pandemic took hold last March.

“If you are asking if we’re going to reinstate the GST, that’s part of a bigger exercise we’re undertaking; to study how best to widen our revenue base,” she said.

Posted by yaphoikiong > 2021-03-16 19:32 | Report Abuse

proposed bonus issue of up to 4,149,122,710 new ordinary shares in MYEG (0138) (“MYEG Shares” or “Shares”) (“Bonus Shares”) on the basis of one (1) Bonus Share for every one (1) existing MYEG Share held by the shareholders of the Company whose names appear in the Record of Depositors of the Company on an entitlement date to be determined and announced later ("Proposed Bonus Issue")

bobochacha

536 posts

Posted by bobochacha > 2021-03-16 19:38 | Report Abuse

sudah mari lo, the so call catalyst..

BONUS ISSUE 1:1 .. THANK YOU MYEG...
terima kasih Mr wong

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