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 4 hours ago

1pingpong

712 posts

Posted by 1pingpong > 2023-02-15 22:36 | Report Abuse

A big fight in parlimen today on myjpj online security issue. So...fasten seatfelt for take off

speakup

26,291 posts

Posted by speakup > 2023-02-15 22:38 | Report Abuse

those lost money in myeg, pls apply scholarship from ms puiyi

Good123

25,231 posts

Posted by Good123 > 2023-02-15 23:01 | Report Abuse

tidurlah tidurlah ... pasaran belum buka :)
Selamat Malam!

Good123

25,231 posts

Posted by Good123 > 2023-02-15 23:02 | Report Abuse

LONG INVESTORS LWN SHORTSELLERS, MAU GADUH PUN, ESOKLAH... G9

Income

10,620 posts

Posted by Income > 2023-02-15 23:21 | Report Abuse

Bob Sifu, I am waiting for your response. You are my Sifu.

BRAVOZULU

544 posts

Posted by BRAVOZULU > 2023-02-15 23:30 | Report Abuse

Esok sekali lagi BO, jumaat barulah ambik Jajan money

James_Bond

3,300 posts

Posted by James_Bond > 2023-02-16 05:38 | Report Abuse

Bitcoin continues the bullish momentum and uptrend! Investors value digital currency is the future trend. Same goes to MYEG! Cheers!

Good123

25,231 posts

Posted by Good123 > 2023-02-16 05:42 | Report Abuse

INGAT!!!

UOB Research reiterated its "buy" call on the electronic government solutions provider and considers the drop in share price a "great buying opportunity".

"We are unsure how much weight this present director general carries, but should MYEG lose it’s concession with the immigration, it would theoretically still be able to provide ancillary businesses within the eco system such as foreign worker matching, accommodation services, door-to-door and insurance services that’s the bulk of its immigration-related earnings," it said in a note.

The research firm also said there are plenty of catalysts in 2023 and beyond for the company.

These include a forecast of 16% earnings growth, the launch of the Zetrix blockchain relating to China customs, IPO and subsequent distribution in specie of start-up investments in China and Malaysia.

"We maintain our RM1.30 target price as we take the position that MYEG’s concession would not compromised in 2025," said UOB.

Good123

25,231 posts

Posted by Good123 > 2023-02-16 05:45 | Report Abuse

Zetrix wallet pun dah siap dah :) Terbukti

A digital asset wallet for the Zetrix blockchain.

Zetrix Wallet is a mobile application used for accessing Zetrix enabled distributed applications, or Decentralized Application - "dApps" on your device.

Zetrix Wallet also lets the user create and manage their own identities with the ability to import/export wallet through the app.

Users are able to interact with the Zetrix blockchain by approving or rejecting a transaction via the apps secured interface.

dApps may perform a transaction and write data to the Zetrix blockchain through the app.

Sumber: Google Play Store

Good123

25,231 posts

Posted by Good123 > 2023-02-16 05:47 | Report Abuse

Saya sedang menunggu perlancaran zetrix krypto coin :)

Good123

25,231 posts

Posted by Good123 > 2023-02-16 05:52 | Report Abuse

Booster tambahan hari ni :)

DJIA
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4,147.6 +11.47 +0.28

Good123

25,231 posts

Posted by Good123 > 2023-02-16 05:59 | Report Abuse

Lombong emas terjumpa, and Road Initiative (BRI) !!! :)

KUALA LUMPUR: Zetrix — a layer-1 public blockchain platform developed by MyEG Services Bhd — has entered into partnership with University of Malaysia (UM) and China Academy of Information and Communications Technology (CAICT) in a collaborative research on the commercialisation of blockchain.

The collaboration follows the selection of a UM-CAICT research paper entitled “Research on Key Issues of China-Malaysia Transborder Blockchain Infrastructure and Pilot Applications” as part of the intergovernmental collaboration between Malaysia and China, Zetrix said in a statement on Tuesday.

The research is proposing a system that can prevent fraud in the supply chain processes using block chain technology for cross border trade, and comprises smart contracts collaboration supported by different parties involved in China-Malaysia trade, as well as the Belt and Road Initiative (BRI) countries.

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:13 | Report Abuse

WONG PASTI TAHU SESUATU YANG PIHAK LAIN TAK TAHU :)

KUALA LUMPUR (Feb 15): MyEG Services Bhd’s major shareholder and managing director Wong Thean Soon bought another two million shares in the group on Wednesday (Feb 15), raising his total stake to 29.73%. MyEG itself also bought back two million more of its shares.

Wong acquired the two million shares via his private vehicle Asia Internet Holdings Bhd, raising his indirect interest in MyEG to 17.588% while his direct interest stands at 12.138%, according to a bourse filing.

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:13 | Report Abuse

KINI MAJORITI MAHU SYER MYEG SEMULA MACAM KES CYPARK... MORE TO COME!!!!!!!!!!!!!!!

James_Bond

3,300 posts

Posted by James_Bond > 2023-02-16 06:13 | Report Abuse

Bitcoin 24,230 (+8.95%)
Ethereum 1667 (+7.81%)

Expecting MYEG going up following bullish momentum of digital currencies! Cheers!

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:14 | Report Abuse

BILA PERMINTAAN > PENAWARAN = HARGA TERBANG ... SEMUDAH ABC

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:18 | Report Abuse

LUAR BIASA :)


M'sia, China to collaborate on Xinghuo ... - Borneo Post Online www.theborneopost.com › Business
1 day ago — ... UM and CAICT's project entitled “Research on Key Issues of China-Malaysia Transborder Blockchain Infrastructure and Pilot Applications” ...
Missing: paper ‎| Must include: paper

Malaysia, China to collaborate on Xinghuo-Zetrix blockchain headtopics.com › malaysia-china-to-collaborate-...
1 day ago — ... UM and CAICT's project entitled “Research on Key Issues of China-Malaysia Transborder Blockchain Infrastructure and Pilot Applications” ...

Zetrix partners UM and CAICT for cross-border blockchain ...
1 day ago — UM and CAICT's project entitled “Research on Key Issues of China-Malaysia Transborder Blockchain Infrastructure and Pilot Applications” was ...

M'sia, China to collaborate on Xinghuo Zetrix blockchain fmdailynews.com › business › msia-china-to-coll...
1 day ago — ... UM and CAICT's venture entitled “Research on Key Issues of China-Malaysia Transborder Blockchain Infrastructure and Pilot Applications” ...

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:22 | Report Abuse

Ia akan menolong myeg untuk mencapai harga sasaran RM1.30 yang diramalkan oleh UOB :)

MyEG announced its blockchain infrastructure – Zetrix – has been selected by the Chinese government as a component of its government-to-government collaborative research programme leading to commercialisation.

In a filing with Bursa Malaysia yesterday, it said that Zetrix, a layer-1 public platform developed by MyEG, is the international super node for China’s national blockchain, Xinghuo, and is fully compatible with it.

It said the collaboration also includes Universiti Malaya (UM) and the China Academy of Information and Communications Technology (CAICT) as strategic partners. This is expected to strengthen Malaysia-China trade and data interoperability, and further propel Malaysia into the Web3 era.

Initiated by China’s ministry of science and technology, Malaysia is one of the 14 countries participating in the programme, it added.

“The China-Malaysia government-to-government cooperation covers four sectors, namely public health such as vaccine research and development, artificial intelligence, information and communications technology (blockchain, big data, and others) as well as space remote sensing technology,” it said.

MyEG said that the research would involve proposing a system that could prevent fraud in supply chain processes using blockchain technology for cross-border trade.

“The system comprises smart contracts collaboration supported across the multiple parties involved in China-Malaysia trade including the Belt and Road Initiative countries.

“The system should enable all stakeholders to collaborate in cross-organisational information exchanges, all backed by a secure, unalterable audit trail,” it explained.

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:24 | Report Abuse

Harga konsensus 94sen, harga sasaran UOB pulak RM1.30... tak naik, ada hantulah :)

"We maintain our RM1.30 target price as we take the position that MYEG’s concession would not compromised in 2025," said UOB.

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:27 | Report Abuse

Iris dan kontraknya dah game over kot? :) checkmate!!!!!!!!!!!!!

Iris Corp jual 80 peratus saham dalam pemaju projek NIISe www.bharian.com.my › bisnes

KUALA LUMPUR: Iris Corporation Bhd (Iris Corp) memeterai perjanjian penjualan saham (SSA) dengan Tass Tech Technologies Sdn Bhd (Tass Tech) ...

Bekas PM, menantu disyaki disiasat SPRM berkaitan kontrak www.utusan.com.my › 2023/02
·
Bekas PM, menantu disyaki disiasat SPRM berkaitan kontrak kerajaan ... sistem baharu itu kini sedang dibangunkan oleh Iris Corporation Bhd.

Muhyiddin nafi dakwaan pemberian kontrak NIISe kepada www.astroawani.com › muhyi...
·
Translate this page
6 days ago — ... Imigresen Bersepadu Nasional (NIISe) kepada syarikat IRIS Corporation Berhad. ... PM beri bayangan akan ada pemimpin disiasat SPRM.

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:33 | Report Abuse

Korupsi Membunuh Negeri by Natania Nainggolan - Prezihttps://prezi.com › korupsi-membun...
·

Tanamkan dalam hati kita bahwa korupsi itu perbuatan jahat dan bertentangan dengan nilai-nilai yang kita anut · Hindari hal atau situasi yang bisa mendorong kita .

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:35 | Report Abuse


CHECKMATE IRIS! :)

'Ia tidak dihebahkan begitu rupa kalau tidak benar' - Anwar
www.sinarharian.com.my › ia-...
·
KUALA LUMPUR - “Ia tidak dihebahkan begitu rupa kalau tidak benar,” Itu respons Perdana Menteri, Datuk Seri Anwar Ibrahim terhadap Pengerusi ...

“Semoga kes menantu Muhyiddin tidak terlepas dari ...malaysiapost.com.my › semog...
·
Katanya IRIS guna konsortium (S5) melobi projek NIIS itu. ... kes terbabit disiasat mengikut Seksyen 16 (a) Akta SPRM 2009. – Malaysiapost ...

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:54 | Report Abuse

Analyst Price Target
Average 98.000 (+14,000.719% Upside)
High 130.000
Low 64.000
Price 0.695
No. of Analysts 9

Buy
Analysts Consensus

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:56 | Report Abuse

MYEG Historical Data
Time Frame:
Monthly
Download Data
02/16/2021 - 02/16/2023

Date

Price

Open

High

Low

Vol.

Change %
02/01/2023 0.695 0.915 0.965 0.570 444.05M -23.63%
01/01/2023 0.910 0.870 0.940 0.835 515.75M +4.60%
12/01/2022 0.870 0.885 0.965 0.840 624.51M -1.69%
11/01/2022 0.885 0.885 0.905 0.770 632.48M 0.00%
10/01/2022 0.885 0.840 0.920 0.790 834.90M +4.12%
09/01/2022 0.850 0.795 0.895 0.780 701.17M +6.25%
08/01/2022 0.800 0.780 0.825 0.715 1.12B +3.23%
07/01/2022 0.775 0.870 0.915 0.730 823.17M -11.93%
06/01/2022 0.880 0.920 0.930 0.820 457.72M -3.83%
05/01/2022 0.915 0.950 0.955 0.850 494.56M -2.66%
04/01/2022 0.940 1.010 1.070 0.925 545.81M -7.84%
03/01/2022 1.020 0.960 1.040 0.870 695.10M +6.25%
02/01/2022 0.960 0.970 1.060 0.870 761.89M -1.03%
01/01/2022 0.970 1.060 1.100 0.890 554.87M -9.35%
12/01/2021 1.070 1.090 1.120 1.000 596.40M -3.60%
11/01/2021 1.110 1.030 1.150 0.990 665.02M +6.73%
10/01/2021 1.040 0.915 1.100 0.895 926.45M +13.04%
09/01/2021 0.920 0.915 1.000 0.870 589.32M -1.08%
08/01/2021 0.930 0.830 0.985 0.775 928.22M +12.05%
07/01/2021 0.830 0.890 0.905 0.805 498.84M -6.74%
06/01/2021 0.890 0.970 0.995 0.890 377.29M -7.77%
05/01/2021 0.965 0.980 1.000 0.900 316.71M -1.03%
04/01/2021 0.975 0.995 1.010 0.975 369.58M -1.02%
03/01/2021 0.985 1.065 1.135 0.960 952.99M -7.08%
Highest: 1.150 Lowest: 0.570 Difference: 0.580 Average: 0.920 Change %: -34.434

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:57 | Report Abuse

Last Price

0.695

Avg Target Price

1.28

Upside/Downside

+0.585 (84.17%)
klse.i3investor.com/web/stock/analysis-price-target/0138

Good123

25,231 posts

Posted by Good123 > 2023-02-16 06:59 | Report Abuse

Bank Islam juga mencadangkan myeg, harga sasaran RM1.20 :)

My E.G. Services Berhad - Hit by Speculation; Fundamentals Remain Intact
Date:
2023-02-08
Firm:
BIMB
Stock:
MYEG
Price Target:
1.20
Price Call:
BUY
Last Price:
0.695
Upside/Downside:
+0.505 (72.66%)
My E.G Services Berhad (MYEG) management clarified that there has never been a discussion or meeting being held with either the Ministry of Home Affairs (MoHA) or Immigration Department of Malaysia regarding the intention to converge all immigration transactions under the National Integrated Immigration System (NIISe) as reported in the media yesterday.
In the event of MYEG’s immigration services being replaced by NIISe by 2025, we foresee only its foreign worker renewal permit services that would be affected where this is equivalent to only 5-7% of MYEG’s total revenue.
Reiterate our BUY call on MYEG at a TP of RM1.20, pegged at 22x to 2023F EPS of 5.5 sen. The sharp decline in MYEG’s share price offers an opportunity for investors to accumulate the stock given its attractive total return of >70%
No Discussion to Converge all Immigration Services under the NIISe

MYEG’s share price has taken a significant beating yesterday following news article that appeared on Free Malaysia Today (FMT) and New Straits Times (NST) which stated that all MYEG immigration processing services would be replaced by the National Integrated Immigration System (NIISe) by 2025. MYEG management however clarified that has never been a discussion or meeting being held with either the Ministry of Home Affairs (MoHA) or Immigration Department of Malaysia regarding the intention to converge all immigration transactions under the NIISe.

Minimal Impact on MYEG’s Earnings If It is the Case

Notwithstanding that, in the event of MYEG’s immigration services being replaced by NIISe by 2025, we foresee only its foreign worker renewal permit services that would be affected, where this is equivalent to only 5-7% of MYEG’s total revenue. While its concession services might be affected, we believe its ancillary services offered under Immigrationrelated services i.e., foreign worker insurance (RM100/worker), accommodation (RM100/bed/month), job matching and placement (approximately RM2,000/successful job matching) would remain solid given MYEG’s ‘first mover advantage’. Note that, MYEG is no longer heavily dependent on the government’s concession services for its ancillary services and commercial business. In any case, MYEG’s concession segment contributes only 13-15% of MYEG’s total revenue

Reiterate BUY at a TP of RM1.20

Reiterate a BUY call on MYEG at unchanged TP of RM1.20, pegged at 22x to 2023F EPS of 5.5 sen. The sharp decline in MYEG’s share price offers an opportunity for investors to reaccumulate on the stock. MYEG is a BUY with total return >70%.

Source: BIMB Securities Research - 8 Feb 2023

James_Bond

3,300 posts

Posted by James_Bond > 2023-02-16 07:41 | Report Abuse

Bitcoin 24,291 (+9.43%)
Ethereum 1671 (+7.41%)

Expecting MYEG going up following bullish momentum of digital currencies! Cheers!

Good123

25,231 posts

Posted by Good123 > 2023-02-16 07:42 | Report Abuse

MIDF's BUY CALL!!!

MIDF has lowered its target price for MyEG to RM1 from RM1.23, but kept the stock on 'buy'.

Source: TheEdge - 7 Feb 2023

Good123

25,231 posts

Posted by Good123 > 2023-02-16 07:45 | Report Abuse

Balik 95.5sen hari ni ka? All the best!!!
Feb 16. 95.5sen ????$$$$

2023-02-15 0.695 +0.07 (11.20%)
2023-02-14 0.625 +0.02 (3.305%)
2023-02-13 0.605 -0.005 (0.819%)
2023-02-10 0.61 -0.105 (14.685%)
2023-02-09 0.715 0.00 (0.00%)
2023-02-08 0.715 +0.015 (2.142%)
2023-02-07 0.70 -0.255 (26.701%)
2023-02-03 0.955 +0.03 (3.243%)
2023-02-02 0.925 +0.015 (1.648%)

speakup

26,291 posts

Posted by speakup > 2023-02-16 07:47 | Report Abuse

Forget everything every happened last week. It's erased

Good123

25,231 posts

Posted by Good123 > 2023-02-16 07:47 | Report Abuse

Stok teraktif hari ni lagi? :)

speakup

26,291 posts

Posted by speakup > 2023-02-16 07:48 | Report Abuse

Just erase whatever we saw last week

AlfI3

1,279 posts

Posted by AlfI3 > 2023-02-16 07:52 | Report Abuse

Very surprise to know tat Myeg involved in digital currency biz too, when was it started JB?

Good123

25,231 posts

Posted by Good123 > 2023-02-16 07:55 | Report Abuse

TOP BLOCKCHAIN APPLICATIONS TO KNOW
Money transfer
Smart contracts
Internet of Things (IoT)
Personal identity security
Healthcare
Logistics
Non-fungible tokens (NFTs)
Government
Media

Good123

25,231 posts

Posted by Good123 > 2023-02-16 07:57 | Report Abuse

Cool gila, Zetrix :)

https://zetrix.com/

Good123

25,231 posts

Posted by Good123 > 2023-02-16 07:57 | Report Abuse

Compare Zetrix
Bitcoin Ethereum Cardano Zetrix
Transaction per second ~7 ~15 270 10,000
Avg. Fee Per Transaction (USD) 2.12 15 0.25 0.01975
Transaction Latency ~60 min ~5 min 10 min 1.5 sec
Number of Validators 10,000+ 11,000+ 2,000+ 221

Posted by berbolabiru > 2023-02-16 07:58 | Report Abuse

lol pls

Posted by berbolabiru > 2023-02-16 07:58 | Report Abuse

no one trade using zet

Good123

25,231 posts

Posted by berbolabiru > 2023-02-16 08:00 | Report Abuse

28% APY - realistic?

Good123

25,231 posts

Posted by Good123 > 2023-02-16 08:00 | Report Abuse

Zetrix crypto coin on the way bagi penggunaan Blockchain zetrix :)

Posted by berbolabiru > 2023-02-16 08:01 | Report Abuse

Zetrix crypto coin on the way bagi penggunaan Blockchain zetrix :)

tlg elaborate

Good123

25,231 posts

Posted by Good123 > 2023-02-16 08:02 | Report Abuse



Target prices:
Bank islam rm1.20
UOB rm1.30
Midf rm1
Maybank rm1.01

@berbolabiru

28% APY - realistic?

43 seconds ago

Posted by berbolabiru > 2023-02-16 08:02 | Report Abuse

hello my friend - 28% APY is shown in zetrix website you send

what to do with myeg TP :)))

Posted by berbolabiru > 2023-02-16 08:03 | Report Abuse

Zetrix APY is ZETRIX, myeg investor ROI different

Posted by berbolabiru > 2023-02-16 08:03 | Report Abuse

wkwkwk

Good123

25,231 posts

Posted by Good123 > 2023-02-16 08:03 | Report Abuse

Selepas syer agmo percuma, tak lama lagi dapat zetrix krypto coin percuma kot? :)

Posted by berbolabiru > 2023-02-16 08:05 | Report Abuse

Selepas syer agmo percuma, tak lama lagi dapat zetrix krypto coin percuma kot? :)

good idea, tpi x realistic laaaa

shares = CDS - how you force investor register zetrix account? share registrar if give out NRIC also need vertification ooooo

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