Posted by UW1970 > 2023-05-30 13:41 | Report Abuse

Pretty surprised even after the Immigration extension of contract given to MyEg not much ups on its share.

Posted by KML889 > 2023-05-30 14:19 | Report Abuse

Hopefully things will change after explosive qtr results.

Posted by Jaycee89 > 2023-05-30 14:34 | Report Abuse

Wake up , this qr won’t be explosive….

Posted by GoldenBull66 > 2023-05-30 14:34 | Report Abuse

Because NIISE still in progress. Not cancelled. Meaning the future growth earning is still pretty much not clear. If that project had been cancelled, different story. Myeg must able to show blockchain would be their next big thing that would able to replace the revenue from immigration.

Posted by KML889 > 2023-05-30 14:40 | Report Abuse

Thanks GB but from the bullish TP by JP, My MYEG looks promising in her Blockchain business with Bobby of China

Posted by GoldenBull66 > 2023-05-30 14:44 | Report Abuse

With more news out on the potential of zetrix. We still doesn't have any figure what kind of revenue that blockchain could bring in. Myeg able to penetrate the China market would be crucial.

Posted by UW1970 > 2023-05-30 14:45 | Report Abuse

When is the QR expected to be released ?

Posted by GoldenBull66 > 2023-05-30 14:47 | Report Abuse

UW1970 might be today.

Posted by UW1970 > 2023-05-30 14:52 | Report Abuse

Cheers GB66. Hopefully it would be a solid one !

Posted by GoldenBull66 > 2023-05-30 15:03 | Report Abuse

Yup. Hopefully. nobody could really tell what will happen. So just wait and see. But for long term seems to be very good. China market would be huge.

Posted by Jaycee89 > 2023-05-30 15:09 | Report Abuse

prediction , coming QR 70-80M

Posted by KML889 > 2023-05-30 15:19 | Report Abuse

No need la. Never right from the beginning

Posted by Jaycee89 > 2023-05-30 16:11 | Report Abuse

at least i earn more than u, hold your shit share up and down, bangsat

Posted by KML889 > 2023-05-30 16:27 | Report Abuse

Bangsat your douchebag

Posted by KML889 > 2023-05-30 16:27 | Report Abuse

Never right from the beginning

Posted by Income > 2023-05-30 16:59 | Report Abuse

This egg cracks under pressure?

Posted by GoldenBull66 > 2023-05-30 18:16 | Report Abuse

Sin Kah Lan @Jaycee89. I can ensure he has a few i3investor account. Going to different counters to spread rumours and create speculations. Just like how he did with myeg and harta. Those who listen to him would have sold Myeg at low price and bought harta at high price. His name just same as his attitude 💩. Fuker

Posted by GoldenBull66 > 2023-05-30 18:43 | Report Abuse

Not bad not bad. 105m profit. Revenue up to 173m.

Posted by hondapetak > 2023-05-30 18:49 | Report Abuse

Jackpot!!

Posted by U1818 > 2023-05-30 19:06 | Report Abuse

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3356795

Press Release
ZETRIX DEPLOYS W3C-COMPLIANT DIGITAL IDENTITY SERVICE (“DIS”) AS
XINGHUO INTERNATIONAL SUPERNODE GOES LIVE

Petaling Jaya, 30 May 2023 - Zetrix, the Layer-1 blockchain platform by MY E.G. Services
Berhad (“MYEG”), today announced the successful live deployment of the Xinghuo
International Supernode along with the introduction of groundbreaking Xinghuo
Blockchain Infrastructure and Facility (“Xinghuo BIF”) naming services namely Xinghuo
Beta Name System (“BNS”) and Xinghuo Digital Identity Service, which are fully compliant
with W3C International Standards.
Coming just a mere six months after MYEG and China’s national blockchain, Xinghuo
BIF, had inked an agreement for MYEG to own and operate the Xinghuo International
Supernode, this marks yet another major milestone in bringing real world use cases on
to the Zetrix blockchain.

Posted by KML889 > 2023-05-30 19:08 | Report Abuse

Thanks GB. Banquet feast ready to serve immediately. That SKL like the name suggests was Never Right From The Beginning. Sleep Well everyone, I will.

Posted by GoldenBull66 > 2023-05-30 19:33 | Report Abuse

SKL told everyone it's going to be bad QR.

Posted by choysun > 2023-05-30 19:41 | Report Abuse

Looks like it's got better revenue visibility now. Wait for them to reap benefits on blockchain investment.

Posted by GoldenBull66 > 2023-05-30 19:51 | Report Abuse

Foreign workers would be a booming business in Malaysia for the next 1 year. Every business rushing to get foreign workers in. So more revenue from that segment for sure.

Posted by BursaKakis > 2023-05-30 20:15 | Report Abuse

MyEG posts 1Q net profit of RM105.94mil
https://www.thestar.com.my/business/business-news/2023/05/30/myeg-posts-1q-net-profit-of-rm10594mil

Posted by gohkimhock > 2023-05-30 20:47 | Report Abuse

wow. This counter must all in now.

Posted by KML889 > 2023-05-30 21:19 | Report Abuse

Just to things into perspective. My MYEG was actually and is and will generate 1.2 millions circa a day, 0.4 millions while i was sleeping at night for 8 hour a day. My MYEG is still making money even while I'm posting now. Haha.

Posted by KML889 > 2023-05-30 21:22 | Report Abuse

Patiently waiting for My MYEG goes back beyond 90 and 100 cents. Godspeed

Posted by icecool > 2023-05-30 21:48 | Report Abuse

wow !!! nice QR, amazing

Posted by icecool > 2023-05-30 21:48 | Report Abuse

gogogo!!!

Posted by GoldenBull66 > 2023-05-30 22:10 | Report Abuse

QR is good..but I think we might got to wait for the blockchain to come in before it fly...ofcourse I expect more projects from government and china on the blockchain soon. Maybe even phillipines.

Posted by UW1970 > 2023-05-30 22:14 | Report Abuse

Spot on GB66 in regards to forecasting QR to release by today !
I am not surprise at all if TP is above RM1.00 by 3rd quarter of 2023.

Posted by choysun > 2023-05-30 22:16 | Report Abuse

More short position closed. 46m to go. Hmm

Posted by GoldenBull66 > 2023-05-30 23:39 | Report Abuse

@choysun. How do you read the short position?

Posted by KML889 > 2023-05-31 03:49 | Report Abuse

44.8 millions shares or 0.6% to be exact. From BM scorecard

Posted by berfikir > 2023-05-31 08:38 | Report Abuse

kah...kah....jaycee89.always bad comment here.now amacam Jaycee about myeg qr

Posted by berfikir > 2023-05-31 08:39 | Report Abuse

better leave this forum

Posted by Jaycee89 > 2023-05-31 09:01 | Report Abuse

Good morning guys

Posted by Jaycee89 > 2023-05-31 09:14 | Report Abuse

As I said , buy when deep and I did it 0.73 collected , easy money

Posted by VincentTang > 2023-05-31 09:18 | Report Abuse

Myeg prospect very good as mentioned in latest qr. Top up Myeg at 0.805 and 0.81 this morning.

Posted by GoldenBull66 > 2023-05-31 09:26 | Report Abuse

Like we said @Jaycee89. Just leave the forum. Nobody care whether you bought or you bull💩.

Posted by UW1970 > 2023-05-31 09:33 | Report Abuse

Good opening for the day ! Hope everyone gains to the prospect of MyEG in the coming period.

Posted by Jaycee89 > 2023-05-31 09:51 | Report Abuse

If follow me, can buy cheaper myEG, better than you hold myEG playing roller coaster, be flexible noob! act pro and be smart.

Posted by BursaKakis > 2023-05-31 10:00 | Report Abuse

TP 1.18 by UOB

• Zetrix still on track to unveil its tremendous earnings potential... We conservatively
incorporate Zetrix’s profit before tax (PBT) contributions to MYEG at only RM54m for 2023,
which is mainly derived from the token sales (assumptions: 5m Zetrix coins issued in 2023 at
US$5/coin), with modest contributions from gas fees for the various applications on the
Zetrix platform, such as the Blockchain-based Identifiers (BID)/Verifiable Credentials (VC)
and Blockchain-based e-signing services, Zetrix TradeFi and China’s custom express
clearance programme (targeting commencement in Mar 23).

• …as the Xinghuo International Supernode goes live. Yesterday, MYEG’s announced the
successful live deployment of the Xinghuo Supernode with the launching of Xinghuo Beta
Name System and Xinghuo Digital Identity Service (MYEG owns and operates the Xinghuo
International Supernode via its Zetrix platform). The rollout of the identity service runs
parallel with Chat GPT founder Sam Altman’s Worldcoin’s project that incorporates such an
identifier World ID protocol to authenticate humans online.

• Tremendous potential with the planned ICO of Zetrix tokens in Hong Kong. MYEG
continues to target to launch an initial coin offering (ICO) of Zetrix in a Hong Kong endorsed
crypto-exchange sometime in Jun-Jul 23. Recall that MYEG plans to issue up to 200m Zetrix
tokens annually for five years, provided that Zetrix trades at a minimum of US$5/unit. If
successful, the ICO plans could create a whopping annual ICO proceed of US$1b for the
next five years. Such a potential is hardly reflected in MYEG’s stock valuation.

EARNINGS REVISION/RISK
• None, although we acknowledge that MYEG could trounce our forecast given the potential
of its blockchain businesses.

VALUATION/RECOMMENDATION
• Maintain BUY with an SOTP-based target price of RM1.18, which implies 22x 2023F PE
(-0.5SD below five-year mean). Near-term event catalysts include launching of Zetrix’s
cross-border project with China’s custom, Zetrix’s ICO, potentially deepening its role in
immigration services, and listings of mature start-up investments.

UOB KayHian 31052023

Posted by troy88 > 2023-05-31 10:01 | Report Abuse

Great result. Still a solid company with or without govt contracts

Posted by VincentTang > 2023-05-31 10:16 | Report Abuse

MYEG kasi limit up today. HUAT AH....

Posted by U1818 > 2023-05-31 10:21 | Report Abuse

Fast and Furious ;D

Posted by KML889 > 2023-05-31 10:24 | Report Abuse

Follow the Never Right From The Beginning. Huhu

Posted by U1818 > 2023-05-31 10:28 | Report Abuse

AGMO also becomes alive today ;D

Posted by skyinvestor > 2023-05-31 10:31 | Report Abuse

myeg up up up