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 2 hours ago

Hotstuff

3,221 posts

Posted by Hotstuff > 2023-02-15 09:27 | Report Abuse

gv us a strong one pls. be creative. don always just EPF.

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:27 | Report Abuse

Ts wong ada banyak network di china... Rasa wong akan mempelawa konglomerat Teknologi china untuk menjadi pemegang syer myeg

Posted by shortinvestor77 > 2023-02-15 09:30 | Report Abuse

Seconded.
rr88

Epf cabut la....exiting from myeg will be seen as supporting gomen effort to plug leakages and unnecessary gomen spending. Sell. Tp 0.53.

8 minutes ago

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:30 | Report Abuse

Tunggu pengumuman ya ...usah terlupa


MyEG raih kontrak lanjutan e-kerajaan
KUALA LUMPUR: MyEG Services Bhd. (MyEG) mengumumkan berjaya meraih kontrak lanjutan tiga tahun

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 09:30 | Report Abuse

Look at trading pattern...volume and the future prospects. Also, how would company sustain EPS for price to stay up??

This is now a speculation and day trade counter, long term is not looking as well as before and even darker skies.

Don't think working with Chinese is a promising factor and forget about that 2021 Award from China....history. Company direction is now changing....no longer spoon fed from Govt.

Chichi5

41 posts

Posted by Chichi5 > 2023-02-15 09:31 | Report Abuse

hello mr bob , epf always in and out, no big deal.

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:32 | Report Abuse

The Borneo Post
https://www.theborneopost.com
Borneo Post Online — Largest English Daily In Borneo
KUALA LUMPUR (Feb 14): MY E.G. Services Bhd's (MYEG) blockchain infrastructure Zetrix has been selected by the Chinese government as a component

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 09:32 | Report Abuse

Trading at 63c level......what are you expecting? 70c or back to 95c?? Like nothing had happened??? What's the margin for upside.....and downside???

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 09:35 | Report Abuse

Sorry, my apologies....when a PLC hits an iceberg, we are not interested. Unless the impact of the changes in direction is insignificant.

After the drop of 40% value, a small spike is nothing when institutions and sharks are flooring support to exit.

TAYOR

nicholas99

9,847 posts

Posted by nicholas99 > 2023-02-15 09:38 | Report Abuse

shortseller kena burn yesterday already. buyers need make good chart. :) so.. today close green is enough.

Posted by shortinvestor77 > 2023-02-15 09:40 | Report Abuse

Why got long term buyers here? All are short sellers lah!

Posted by Go lucky Happy > 2023-02-15 09:42 | Report Abuse

@nicholas99, percaya sama lu. You are the most logic person here.

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:42 | Report Abuse

Fallen from 90sen+ to current price, what a steal! :)

Posted by shortinvestor77 > 2023-02-15 09:42 | Report Abuse

Also a short seller.
nicholas99

shortseller kena burn yesterday already. buyers need make good chart. :) so.. today close green is enough.

3 minutes ago

Youngkid

297 posts

Posted by Youngkid > 2023-02-15 09:43 | Report Abuse

HongSeng look like coming, can enter lol!

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:43 | Report Abuse

Cypark took one to two weeks after reversal of trend to touch rm1+

Posted by shortinvestor77 > 2023-02-15 09:45 | Report Abuse

Witness the power of short selling just now.

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:45 | Report Abuse

Masih awal 9.45am

Posted by shortinvestor77 > 2023-02-15 09:45 | Report Abuse

Raise up the price a bit and then short sell.

Keko789

78 posts

Posted by Keko789 > 2023-02-15 09:46 | Report Abuse

done topup today....

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:46 | Report Abuse

Ramai pelabur dan analyst sedang tidur dan makan sarapan pagi... Bertahan ya

Posted by shortinvestor77 > 2023-02-15 09:47 | Report Abuse

Where got investors here, dreaming lah. All are traders here.

Posted by shortinvestor77 > 2023-02-15 09:50 | Report Abuse

Trades don't love Myeg. Only want profit through margin difference.

nicholas99

9,847 posts

Posted by nicholas99 > 2023-02-15 09:51 | Report Abuse

thats why logic is to slow down.. flush some traders. :) then only can continue next phase (whether down or up)

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:52 | Report Abuse


Kuala Lumpur: Lembaga Pembangunan Pelaburan Malaysia (Mida) berada di landasan untuk merealisasikan sasaran RM70 bilion bagi pelaburan berkaitan digital, sejajar dengan strategi Rangka Tindakan Ekonomi Digital Malaysia yang menggariskan usaha dalam mencapai aspirasi MyDIGITAL.

Berasaskan strategi mantap dilaksanakan untuk memastikan pelaburan berkaitan digital kekal berdaya saing, Pejabat Pelaburan Digital (Dio), sebuah platform kerjasama antara Mida dan Malaysia Digital Economy Corporation (Mdec) berjaya memudah cara pelaburan bernilai RM66.47 bilion setakat September tahun lalu iaitu 99 peratus melebihi sasaran berdasarkan inisiatif MyDIGITAL.

Pusat data terkenal dan projek pengehosan data diluluskan termasuk Bridge Data Centres Malaysia III Sdn Bhd oleh China bersama ByteDance System Sdn Bhd serta syarikat senaraian awam Malaysia, YTL Power International Bhd menjadi bukti kesediaan Malaysia menjadi hos kepada lebih banyak projek pelaburan digital.

Pengarah Eksekutif (Pembangunan Perkhidmatan) Mida Zuaida Abdullah berkata, penerimagunaan digital dalam kalangan perniagaan di negara ini semakin pesat walaupun ia masih rendah dalam kalangan perusahaan kecil dan sederhana (PKS) disebabkan kekangan seperti kos teknologi dan ketiadaan strategi digital.

"Pendigitalan oleh perniagaan semakin lazim pada hari ini. Walaupun usaha itu mencabar bagi PKS, mereka perlu menerima kemajuan teknologi seperti kecerdasan buatan (AI), Internet Pelbagai Benda (IoT) dan Data Raya.

"Bagi tujuan ini, Mida memudahkan peserta industri dalam usaha transformasi digital mereka untuk mengurangkan jurang digital antara PKS Malaysia dan syarikat multinasional (MNC) di Malaysia," katanya.

Michael R.

4,787 posts

Posted by Michael R. > 2023-02-15 09:53 | Report Abuse

Let me tell u something....

If there is a bad news or more bad ones coming... big players can use short to gain while prices move downward...

There shouldnt be understanding if to gain done via prices moving up...

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:54 | Report Abuse

Mujurlah, analyst kwsp tak kacau lagi



0138 MYEG MY E.G. SERVICES BHD
Notice of Person Ceasing (Section 139 of CA 2016)
Particulars of Shareholder
Name : EMPLOYEES PROVIDENT FUND BOARD
NRIC/Passport No./Company No. : EPF Act 1991
Nationality/Country of Incorporation : Malaysia
Address:
5th Floor, EPF Tower No. 1, Persiaran Kwasa Utama 40150 Shah Alam Selangor
Malaysia
Descriptions (Class and Nominal Value):
Ordinary shares
Name and Address of Registered Holder:
You are advised to read the entire contents of the announcement or
attachment. To read the entire contents of the announcement or attachment,
please access the Bursa website at http://www.bursamalaysia.com
Details of Changes
Date of Notice : 10/02/2023
Transactions:
No. Date Transaction Type No of Shares Price (RM)
1. 09/02/2023 Disposed 39,056,100 0.000
Circumstances by reason of which change has occurred:
Disposal of shares
Nature of Interest:
Direct Interest
Consideration:

No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 0 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

14/02/2023 07:00 AM


Ref Code: 202302143900341

nicholas99

9,847 posts

Posted by nicholas99 > 2023-02-15 09:56 | Report Abuse

the odd is with going up. or else, no one can explain yesterday's pump. :O

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:57 | Report Abuse

Kwsp zero syer dah... Shortsellers pun cabut hahahaha

Good123

25,231 posts

Posted by Good123 > 2023-02-15 09:59 | Report Abuse

Stocks finish mixed with tech leading higher in another volatile day for U.S. stocks.

Higher inflation data dented hopes for mkt rate cuts by year end and raised the likelihood of additional rate hikes for “longer and deeper” by the Fed, but the fact inflation eased m/m kept stock mkt buying intact as investors continue to “buy the dip” at any opportunity. After today's US CPI data, we see that Fed Funds Futures are now pricing in an upper bound terminal rate of 5.5%, up from 5.25%, gradually climbing the last few weeks, but still not denting stock market optimism, with growth sectors technology, discretionary and communications remaining the best performers in 2023.

There were several Fed speakers today (Barkin, Harker, Logan, Williams), generally sticking with view that the Fed still has a ways to go to control inflation levels, current levels of inflation remain far too high, biggest surprise has been the jobs market, and wont change 2% inflation target.

Still market unphased despite the Fed running out of dovish speakers, and stocks holding not far off the August highs. Volatility/fear index (VIX) anything but, falling 7% below 19, while Treasury yields climb and the dollar flat. Earnings season beginning to slow with most of the big names (ex-retail) behind us. CPI today showed headline prices increased 0.5% month-over-month in January, after gaining 0.1% in December, the Labor Department said and core prices, meanwhile, rose 0.4% month-over-month (both in-line), while headline and core CPI rose slightly above estimates. Tomorrow a read on the consumer with monthly retail sales data as well as NY manufacturing and Industrial Production.

Odds that the Federal Reserve will delivery additional 25 basis point interest-rate hikes in May and June have risen following the release of the January consumer-price index, according to the CME's FedWatch tool. Fed funds futures were pricing in 74.3% odds of a hike in May, a marginal increase from 72% a day earlier. Investors have been pricing in higher odds of additional Fed hikes following surprisingly strong readings on the state of the U.S. labor market and services sector earlier this month. The data have helped convince investors that the Fed would hike rates above 5% and keep them there until at least 2024. Fed funds futures are pricing in higher probability of another hike in June, with odds rising to 48.2% after Tuesday morning's data, up from 36.1% a week ago. The CPI data released Tuesday showed inflation continued to wane in January, but not as quickly as economists had expected.

Economic Data:

Consumer Price Index (CPI) for January at 8:30 AM ET: On a headline M/M basis, consumer prices rise +0.5%, in-line with consensus and vs. (-0.1%) prior and on a Y/Y basis prices rise +6.4% vs. est. +6.2% (prior +6.5%). On a core basis, CPI Ex: Food & Energy M/M rose +0.4%, in-line with ests and vs. (prior +0.3%) and rise +5.6% y/y vs. est. +5.5% (prior +5.7%). US Real Avg. Hourly Earnings (Y/Y) for Jan -1.8% (prev -1.5%) and Real Avg Weekly Earnings Y/Y -1.5% (prev -2.6%).

Commodities, Treasuries and Currencies

Oil prices fell for the 1st time in 3-sessions with WTI crude down -$1.08 or 1.35% to settle at $79.06 per barrel but finishes off the worst levels of the morning ($77.46). News yesterday that the US would sell more crude from reserves, offsetting a lift from Russian output cuts and rising Chinese demand dented prices. The US is looking to sell 26 million barrels from the Strategic Petroleum Reserve in accordance with a budget mandate enacted in 2015. Inventory data up tonight (API) and tomorrow (EIA). Brent Crude futures settle at $85.58/bbl, down $1.03, 1.19%. Front month Nymex natural gas rose 6.74% to settle at $2.5670 mln Btus.

US dollar hits 6-week highs vs. the Japanese yen above 133; the dollar pared losses against the euro at 1.074 after hitting near 2-week highs above 1.08 initially after the CPI report. Gold prices edge higher $1.90 to $1,865.40 an ounce. Bitcoin prices resume upward momentum, rising over 2% topping $22K, strong all day.

U.S. Treasury yields rose after the release of the latest consumer price index data, creating conflicting takeaways in the market. Yields initially fell (10-yr 3.62% lows) before ramping higher (touched 3.8%), before settling around 3.75%, highest levels of 2023 reflecting market expectations that the Fed keeps interest rates higher for longer. Two-year yields rose to 4.583%, their highest since early November.

Good123

25,231 posts

Posted by Good123 > 2023-02-15 10:00 | Report Abuse

Semua syer kwsp dah dibeli oleh siapa ... Hahahaha

Posted by shortinvestor77 > 2023-02-15 10:01 | Report Abuse

Back to square one. Ha Ha Ha! The worse has yet to come.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 10:02 | Report Abuse

@123, EPF thank you for luring bilis to buy their shares....haha

Good123

25,231 posts

Posted by Good123 > 2023-02-15 10:02 | Report Abuse

Jualan semua syer kwsp dan shortselling menjatuhkan harga dari 90sen++ ke 60sen++ .... Kini tahap pemulihan... Bertahan ya

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 10:03 | Report Abuse

@123, you need to keep up your work to lure bilis. Some other local institutions also want to exit.......

Posted by shortinvestor77 > 2023-02-15 10:06 | Report Abuse

Let them hub all the shares for months to come.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 10:10 | Report Abuse

When you see Buyer's queue at 5x the Seller's, it's not a "free and open" market. You cannot buy below the floor support, you may sell to them but you can only buy above where they want to off load to you....sucker bilis.

There is no such things as a free lunch!

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 10:15 | Report Abuse

The bulk of yesterday's trade of over 200 million shares were done at 62c and 625c.......totalling over 100 millions.

Today the floor is at 625c......which means these players are forced to pick up or sell at no profits! WHAT CONTRA PLAYERS ARE YOU TALKING ABOUT???

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 10:22 | Report Abuse

With EPF out of the seller's side, Shorties no longer want to risk. Shorties only want to take advantage of Selling pressure and joining EPF to dispose of millions at a time.

At one time, there were 28.8 million short shares outstanding....

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 10:22 | Report Abuse

I challenge you to show those shorts at 70c are still around.....LOL!

Kids!

Posted by shortinvestor77 > 2023-02-15 10:24 | Report Abuse

EPF is still selling as still holding more than 4%.

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 10:25 | Report Abuse

Tak baca ke?
@123 have kindly shown :


EPF holdings and reported by Bursa :

No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 0 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

14/02/2023 07:00 AM


Ref Code: 202302143900341

BobAxelrod33

2,261 posts

Posted by BobAxelrod33 > 2023-02-15 10:27 |

Post removed.Why?

Hotstuff

3,221 posts

Posted by Hotstuff > 2023-02-15 10:29 | Report Abuse

according to sour bob analysis myeg should be worth zero value now. pls listen to him don buy. save your hard-earned money

Hotstuff

3,221 posts

Posted by Hotstuff > 2023-02-15 10:29 | Report Abuse

we will sacrifice ourself to buy in dip because my money is easy money.

Posted by shortinvestor77 > 2023-02-15 10:33 | Report Abuse

Bursa which part can get this info?
Tak baca ke?
@123 have kindly shown :


EPF holdings and reported by Bursa :

No of Shares Held After Changes:
Direct : 0 shares (0.0000%)
Indirect/Deemed Interest : 0 shares (0.0000%)
Total : 0 shares
Remarks:
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com
Submitted By:

14/02/2023 07:00 AM


Ref Code: 202302143900341

Hotstuff

3,221 posts

Posted by Hotstuff > 2023-02-15 10:34 | Report Abuse

your deep and my deep different definition. buy your own dip.

MichelleNg

1,031 posts

Posted by MichelleNg > 2023-02-15 10:34 | Report Abuse

EPF no longer substaintial share holder for MYGG. Last report still have 390Millions share can offload. If sell once...direct LD

Michael R.

4,787 posts

Posted by Michael R. > 2023-02-15 10:35 | Report Abuse

Waterfall ..............

adikkici

867 posts

Posted by adikkici > 2023-02-15 10:37 | Report Abuse

Anthony loke update Facebook today. Aiyaa sudah cakap maa duduk diam2

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