Opportunity only comes once in a Bluemoon. Why chase at High price later, when you can still Buy low while stocks lasts if KWAP or Operator is still selling cheap for a reason? Remember this is a politically linked counter, you help me, I help you in Malaysia Boleh!
THE CASE FOR MYEG's UPSIDE LOOKS GOOD! Here are my comments with regards to UOB Kayhian's write-up & TP for Myeg: 1. Zetrix sold 1.2M Zetrix coins at USD5 each during ICO on 28 October raising RM28.68M for Myeg. Please note that current circulating supply of Zetrix coins is 65.33M. With current market price of Zetrix coin at USD10.63 , it already raised RM3.25B for Myeg! These income will be reflected in Myeg account in the coming Quarters. We could forsee a big Final Dividend from Myeg as a big reward for shareholders' confidence & support! 2. Contract extension for Myeg E-Services for Immigration & JPJ already obtained. 3. ICO & Listing of Zetrix token on 28 October already done at Coinstore, BitForex & MEXC. 4. Launching of Zetrade verification for exports to China & Cabinet endorsement for Digital Driving license etc 5. Building of Foreign Worker's Village in Penang & more development projects to come? 6. With The Mandani Government support for Myeg's E-Services, Myeg should be able to achieve TP of RM1.18 & Bluesky TP of RM3.73 in the longer term since market is so bullish on Zetriz coin which is currently trading at USD10.63 or a 213% gain. Taking Myeg's support price of RM0.815, a 213% gain will push Myeg's price above RM1.71!
RECOMMENDATION: Collect Myeg as much as possible on current weakness and we wait for the Big Pump from the Market & Foreign Funds!
Patience has its virtues. Investing in Myeg has earned benefits such as: * Annual dividend income & dividend reinvestment plan for many long investors * Capital appreciation for medium term holders and * A steady monthly income for short term & day traders Where else can you enjoy such benefits which is better than FD?
Equipped with blockchain, AI and smart contract technology, ZTrade is now already up and running, allowing essential trade documents to be uploaded on the Zetrix blockchain, and digitally connecting the Malaysian and Philippine trade markets with China.
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
OnTime
2,188 posts
Posted by OnTime > 2023-12-18 10:08 | Report Abuse
get the engine going strong!