Posted by Good123 > 2023-02-26 22:45 | Report Abuse

Digitalisation of Business

120. Rakyat’s businesses should also quickly adapt to digital technology so that they can expand the market for their products and services.

The Government will strengthen the role of the Digital Economy Centre (PEDi) to help small entrepreneurs with ICT and e-commerce knowledge. Before the end of 2023, the Government will ensure that there is at least one PEDi facility in each DUN (1DUN 1PEDi).
To support business automation and digitalisation activities, a total of RM100 million is allocated under the SME Digitalisation Grant Scheme, which includes small hawkers. A matching grant of up to RM5,000 will be paid to SMEs that subscribe to business digitalisation applications such as POS sales systems, accounting, or inventory management.
A financing fund of RM1 billion is allocated under BNM to support MSMEs to automate their business processes and digitalise their operations.

Posted by StartOfTheBull > 2023-02-26 23:09 | Report Abuse

Who is bodoh? Hahahaha.
------------------
Good123

18,890 posts

Posted by Good123 > 49 minutes ago | Report Abuse

Zetrix crypto coins are used as gas fee for using myeg blockchain

Posted by StartOfTheBull > 2023-02-26 23:12 | Report Abuse

What is blockchain technology?
Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. A blockchain database stores data in blocks that are linked together in a chain. The data is chronologically consistent because you cannot delete or modify the chain without consensus from the network. As a result, you can use blockchain technology to create an unalterable or immutable ledger for tracking orders, payments, accounts, and other transactions. The system has built-in mechanisms that prevent unauthorized transaction entries and create consistency in the shared view of these transactions.

Posted by nightmare007 > 2023-02-26 23:16 | Report Abuse

Hamboi Hamboi! sudah pandai bodohkan orang:)))))) Kebodohan diri sendiri di Pasukgb masih belum boleh di tutup kot? koyak kot skrg:))) kekekeke

@good123

Bodohnya .. belajarlah apa itu blockchain

Posted by Good123 > 2023-02-27 00:07 | Report Abuse

investing in a particular company, such as MYEG, involves a variety of factors to consider, such as the company's financial performance, market conditions, and competitive landscape. It's important to carefully evaluate these factors and understand the potential risks and rewards associated with investing in any company. Additionally, it's important to consider your own investment goals, risk tolerance, and overall investment portfolio diversification.

Overall, investing always comes with a degree of risk, and it's important to make informed decisions based on a thorough understanding of the market and the company in question.

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

Betul.
Why need Myeg Zetrix. When we can pay using Union pay, Alipay, WeChat etc???

Good123 wanted to promote redundant Zetrix blockChai??? Haha

Rotten arguments by Good123
Like a rotten tree!!!
https://youtube.com/shorts/gWPoha-iGyg?feature=share


Posted by StartOfTheBull > 7 hours ago | Report Abuse

Gas fee for using myeg blockchain?
Apparently the popularity is very limited.
It is more secure and convenient to use Alipay, WeChat Pay ,UnionPay or others for multiple purchases of goods and services.

Posted by Income > 2023-02-27 06:08 | Report Abuse

Good123, macam peni pu ini!
https://youtube.com/shorts/64zlsEcODik?feature=share

Posted by Income > 2023-02-27 06:13 | Report Abuse

Good123, is like the trickster?
https://youtube.com/shorts/pQ1dIA3uTsc?feature=share

Posted by Income > 2023-02-27 06:54 | Report Abuse

Good123 said you know exactly who I am…
https://youtube.com/shorts/nSt1oXmm_jI?feature=share

Posted by matg > 2023-02-27 07:56 | Report Abuse

rubbish

Posted by Good123 > 2023-02-27 08:08 | Report Abuse

Last Price
0.735
Avg Target Price
1.28
Upside/Downside
+0.545 (74.15%)

Posted by Good123 > 2023-02-27 08:11 | Report Abuse

Bank Islam punya fundamental analysis, terbaik

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:
0.735
Upside/Downside:
+0.465 (63.27%)
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

Posted by nightmare007 > 2023-02-27 08:21 | Report Abuse

Hamboii sama taktik macam pasukgb..:)))) analysis longkang kot? huhuhuhu

Good123

Last Price
0.735
Avg Target Price
1.28
Upside/Downside
+0.545 (74.15%)

Posted by Good123 > 2023-02-27 08:28 | Report Abuse

0
SELL
0
HOLD
13
BUY

Posted by Good123 > 2023-02-27 08:35 | Report Abuse

3-4 hari dah balik RM1++, myeg juga ikut cypark trend tapi myeg lagi best :)

MYEG
73.5sen to $$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

Cypark
01/27/2023 0.970 0.975 1.020 0.955 66.74M +1.04%
01/26/2023 0.960 0.840 0.960 0.840 87.79M +14.29%
01/25/2023 0.840 0.695 0.845 0.695 71.76M +21.74%
01/20/2023 0.690 0.675 0.695 0.670 9.97M +2.22%

Posted by Good123 > 2023-02-27 08:43 | Report Abuse

tengok hari ni, volum akan cecah 5juta - 1bil syer tak

Sabar bro!

Posted by Good123 > 2023-02-27 08:44 | Report Abuse

roger roger selamat pagi semua! Good Luck semua!

Posted by Good123 > 2023-02-27 08:46 | Report Abuse

"‘Roger; we'll be with you in about 14 minutes.’" :)

Posted by mf > 2023-02-27 08:50 | Report Abuse

Dow Jones

Dow Jones Industrial Average

32,816.92

-336.99

1.01%

Nasdaq

NASDAQ Composite

11,394.94

-195.46

1.68%

Posted by Good123 > 2023-02-27 08:58 | Report Abuse

Roger roger, serangan demi serangan... Bersiap singa ya!!

Lagi 2min je

Posted by Good123 > 2023-02-27 08:59 | Report Abuse

Rigourously rising to the top

Posted by Good123 > 2023-02-27 08:59 | Report Abuse

Most active stock today probably again

Posted by Good123 > 2023-02-27 09:01 | Report Abuse

Isdd sifar shortsellers kecut

Posted by Good123 > 2023-02-27 09:01 | Report Abuse

Shortsellers dah jadi long investors dah haha

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

Roger roger attack dah kian sengit

Posted by Good123 > 2023-02-27 09:07 | Report Abuse

Shortsellers dah muncul 500lots je haha

Posted by Good123 > 2023-02-27 09:08 | Report Abuse

~12m syer dah

Posted by Good123 > 2023-02-27 09:11 | Report Abuse

Myeg adalah stok ESG dan juga digital stok terbaik

Tumpuan Belanjawan 2023 kepada kemampanan dan pendigitalan akan mengukuhkan pertumbuhan dan daya tahan perusahaan kecil dan sederhana (PKS) selain memastikan ekonomi teguh pada masa depan.

CIMB Group dalam kenyataan berkata, tumpuan itu sejajar dengan agenda dan aspirasi kemampanan kumpulan untuk menjadi peneraju kemampanan di Asean, apabila ia mengiktiraf peranan penting institusi kewangan untuk memangkin dalam melaksanakan amalan sejajar dengan alam sekitar, sosial dan tadbir urus (ESG).

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

Myeg another cypark emerging

Posted by Good123 > 2023-02-27 09:20 | Report Abuse

ca.finance.yahoo.com
ca.finance.yahoo.com › quote
MYEG (0138.KL) Environment, Social and Governance (ESG) ...
See MYEG (0138.KL) Environment, Social and Governance Ratings to help you in your stock buying decisions

Posted by stainlyho37 > 2023-02-27 09:21 | Report Abuse

huge foreign workers inflow....a busy quarter for myeg...!!!!

Posted by Go lucky Happy > 2023-02-27 09:21 | Report Abuse

Where is Bob ya? We need him here immediately.

Posted by Good123 > 2023-02-27 09:28 | Report Abuse

Ok ok maybank trade...

Rm1.01..ok ok

Uncertainty casted over its immigration biz; TP cut
We had a conversation with the management following the news implying MyEG will no longer be involved in the nation’s immigration system by 2025. The related concession business comprises c.10% of MyEG’s FY23E revenue, and its ancillary business could also be impacted. We make no change to our earnings forecasts, though our TP is cut to MYR1.01 (-26%) as we change our valuation methodology to SOTP (PER previously). Maintain BUY; its new businesses could grow to fill the void by then.

Posted by Good123 > 2023-02-27 09:34 | Report Abuse

Bagus!!!

MyEG’s steady 2022-24 earnings outlook, stable revenue from the road-transport businesses, exciting new business opportunities (the Road Transport Department's e-testing system, and blockchain initiatives), and potential business opportunities from NIISe-related works should help support its share price," it added.

Hence, while it maintained its earnings forecast for the stock, it lowered the valuation multiple to 19 times its estimated 2023 price-earnings ratio (PER) — from 25 times — due to heightened policy risks.

"Key upside risks to our view are favourable changes in the Immigration Department’s outsourcing policy, better-than-expected financial performance, strong pickup in its blockchain business, and securing new contracts to develop and deploy e-government services. Downside risks to our view are unfavourable changes in the government policies, lower-than-expected financial performance, and weak adoption of MyEG’s Zetrix blockchain," it added.

MIDF Research shared the same view, noting that the policy risks would likely deter investors from MyEG considering that the company’s potential net income could be lowered by almost 20% after 2025

Nevertheless, the research house likewise believes that MyEG's stable earnings forecast for 2022-2023, steady sales from its road transport businesses, and potential new business opportunities from the NIISe and initiatives such as the Road Transport Department's e-testing system and blockchain projects, could support MyEG’s share price.

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

Source: TheEdge - 7 Feb 2023

Posted by 1pingpong > 2023-02-27 09:53 | Report Abuse

ok, 0.715 stabilized. attacking initiated.

Posted by Good123 > 2023-02-27 09:55 | Report Abuse

Balik rm1+ in 3 days macam cypark, tunggu dan lihat

Posted by BobAxelrod33 > 2023-02-27 09:57 | Report Abuse

@123, you've over stayed you "boy who cried wolf" too many times....nobody listens to you anymore.

Posted by MichelleNg > 2023-02-27 09:58 | Report Abuse

Myeg too huge to move....unless very good news with big profits only will back to rm1 in 3 days. As of now, not worth to buy from those got it below 70cents

Posted by Good123 > 2023-02-27 09:58 | Report Abuse

Beli dan simpan sampai raya at least ...

Posted by 8u29song > 2023-02-27 09:59 | Report Abuse

be patient....

Posted by Good123 > 2023-02-27 09:59 | Report Abuse

Ada sesiapa dapat melawan arus... TIADA :)

Posted by limitup4u > 2023-02-27 10:03 | Report Abuse

Tapi dia masih dalam merah, arus apa ya?

Posted by BobAxelrod33 > 2023-02-27 10:04 | Report Abuse

Arus warna darah!

Posted by Good123 > 2023-02-27 10:11 | Report Abuse

Zetrix ico is approaching:) have faith :)

https://zetrix.com/wallet/

Posted by Good123 > 2023-02-27 10:11 | Report Abuse

Zetrix ico is approaching:) have faith :)

zetrix.com/wallet/

Posted by Good123 > 2023-02-27 10:15 | Report Abuse

In urgent need of foreign workers for your business, but the process is too tedious and complicated? Don’t worry, we’re here to assist you from the start of the application process all the way until the arrival of your new employees.

Now, you can hire new foreign workers QUICKLY and EASILY without going through the preconditions of employment and quota eligibility.

This exemption through the Foreign Workers Employment Flexibility Plan will only be in effect until 31 March 2023. Don’t wait till it’s too late. Get in touch with us now for assistance via WhatsApp messages at +6012 2036529 or email us at corporatesales@myeg.com.my

Posted by Good123 > 2023-02-27 10:24 | Report Abuse

KUALA LUMPUR: Foreign funds flowed into Bursa Malaysia in the week ended Feb 24, 2023, just as sharp selling pressure hit regional markets.

For the second week in a row, foreign investors were net buyers of Malaysian equities, with a net foreign inflow of RM246.2mil.

"They have been accumulating stocks listed on Bursa Malaysia ahead of the revised Budget 2023 announcement on Friday that came with a +4.2% increase in allocations to RM388bil," said MIDF Research in its weekly fund flow report.

The research firm reported that of the eight Asian exchanges it tracks, only Malaysia and Indonesia recorded net inflows over the week.

Posted by limitup4u > 2023-02-27 10:50 | Report Abuse

lepas pkl 10, arus semakin laju ke bawah..

Posted by StartOfTheBull > 2023-02-27 11:04 | Report Abuse

Good123 a.k.a. Sslee is still desperate promoting here ke?

Posted by Good123 > 2023-02-27 11:06 | Report Abuse

floor price 71sen , wait for breakthru,,.... look at the tren recently.......... the rebound happens after falling 1-2sen like today :)