MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

1.03

Today's Change

-0.01 (0.96%)

Day's Change

1.02 - 1.07

Trading Volume

45,883,900


66 people like this.

66,325 comment(s). Last comment by Coleman77 1 hour ago

keepup

92 posts

Posted by keepup > 3 weeks ago | Report Abuse

what is the good news coming later?

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

more power and steam..................siapa belum show hand????????????? mari mari mari..............buy ticket to when the 4 o'clock show today

xuxu

5,518 posts

Posted by xuxu > 3 weeks ago | Report Abuse

all goreng kaki dah kumpul sini hehe

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

James_Bond

Later corruption news come out, myeg crashing back to square one

25 seconds ago

James_Bond

Personally don’t think myeg will sustain more than 0.90 today…

4 minutes ago

James_Bond

Bought 500,000 shares at 0.82/0.83 today… going to sell soon!

5 minutes ago


YOUR STATEMENTS AND ACTION IS NOT MATCHING... BRO... JAMES...
LEARN HARDER

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

Volume 30000000000000000000000000000000000000000 coming.......................

xiaoeh

2,299 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

got chance to come back for people to catch up bo..?

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Xuxu,
Tutup MATA sapu la...
You untung byk YTL, spsetia from my tips..

Next one.... Myeg... Ok

keepup

92 posts

Posted by keepup > 3 weeks ago | Report Abuse

today 3 m volume should be no problem

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Xuxu, you can sell all your YTL, hamtam myeg..
YTL is too high, myeg just wake up

Posted by EatCoconutCanWin > 3 weeks ago | Report Abuse

Buy 0.915

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

more power and steam..................siapa belum show hand????????????? mari mari mari..............buy ticket to when the 4 o'clock show today

Apple2353

1,679 posts

Posted by Apple2353 > 3 weeks ago | Report Abuse

got chance to LU today?

Avantador

201 posts

Posted by Avantador > 3 weeks ago | Report Abuse

Aishh ... missed !

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Maynot limit up today but I quite believe $1 by next Monday...

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Need 2 days weekend for late comer to research myeg future profit...
Then, meeting with subscribers, then hamtam next monday

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Ah long money transfer to my account taking time..
So,.... Maybe a little delay

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

Volume 30000000000000000000000000000000000000000 coming.......................

paktua73

18,424 posts

Posted by paktua73 > 3 weeks ago | Report Abuse

if today can break rm0.93..
then rm0.98 is next destination..
if fqil break rm0.93..
will be back rm0.85


tut tut
let see how

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Yes Sir comandor paktua tutut

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Wait for official news?

Posted by EngineeringProfit > 3 weeks ago | Report Abuse

LIMIT UP...........LIMIT UP...........LIMIT UP...........GO GO GO

James_Bond

2,638 posts

Posted by James_Bond > 3 weeks ago | Report Abuse

Sold 500,000 at 0.92… left another 500,000 shares… cheers!

James_Bond

2,638 posts

Posted by James_Bond > 3 weeks ago | Report Abuse

Darned, wait for me before you all sell…

James_Bond

2,638 posts

Posted by James_Bond > 3 weeks ago | Report Abuse

Comrades, it is about to dump myeg…

James_Bond

2,638 posts

Posted by James_Bond > 3 weeks ago | Report Abuse

Lock profit and let brave warriors like Pang, Engineering, Paktua to continue the show…

1pingpong

641 posts

Posted by 1pingpong > 3 weeks ago | Report Abuse

Why the rush. Rm 1 this time

sweetswag

15 posts

Posted by sweetswag > 3 weeks ago | Report Abuse

TGIF, can buy cat food

Posted by Tradvestor88 > 3 weeks ago | Report Abuse

Only cut your losers. Let your winners continue to run

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 weeks ago | Report Abuse


MYEG 20.4.2024

Fiscal year is January-December. All values MYR Millions. 2023
SALES/REVENUES 774.28
GROSS INCOME 524.51
NET INCOME 487.65
NOSH (DILUTED) 7,426.03
-
-
FUNDS FROM OPERATIONS 547.23
NOCF 504.07
CAPEX -480.78
FREE CASH FLOW 23.29
DIVIDENDS 105.30
-
-
Fiscal year is January-December. All values MYR Millions. 2023
RETAINED EARNINGS 1,334.00
TOTAL EQUITY (Book Value) 2,209.00
TOTAL ASSET 3,227.00

-
-
Fiscal year is January-December. All values MYR Millions. 2023
GROSS PROFIT MARGIN 67.74%
NET PROFIT MARGIN 63.0%
ASSET TURNOVER 0.30
FINANCIAL LEVERAGE 1.36
ROA 19.2%
ROE 26.0%
DPO RATIO 0.22
-
-
FISCAL YEAR ENDING 2023
PRICE 0.785
-
-
MARKET CAP 5,829.44
NAPS 0.30
EPS 0.07
-
-
P/B 2.64
P/E 11.95
EARNINGS YIELD 8.37%
-
-
FCF YIELD 0.40%
DIVIDEND YIELD 1.81%

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 weeks ago | Report Abuse

Very high gross profit and net profit margins. High ROE 26%. P/B 2.64 and P/E11.95. High capex for growth. FCF yield 0.4%. DPO 0.22 and DY at Price of RM 0.785 was 1.81%.

Despite growing revenues and earnings the last 5 years, its price had trended downwards.


Fiscal year is January-December. All values MYR Millions. 2023 2022 2021 2020 2019
SALES/REVENUES 774.28 651.11 703.53 511.23 461.11
GROSS INCOME 524.51 470.72 398.29 339.41 331.93
NET INCOME 487.65 398.66 315.94 268.66 242.47
NOSH (DILUTED) 7,426.03 7,401.34 7,243.49 7,075.13 7,064.55
- - - - -
- - - - -
FUNDS FROM OPERATIONS 547.23 414.18 378.29 303.75 340.69
NOCF 504.07 303.67 121.31 294.65 153.71
CAPEX -480.78 -541.96 -285.03 -52.04 -69.87
FREE CASH FLOW 23.29 -238.29 -163.73 242.61 83.84
DIVIDENDS 105.30 45.48 79.00 86.32 66.20


FISCAL YEAR ENDING 2023 2022 2021 2020 2019
PRICE 0.785 0.87 1.07 0.94 0.57
P/B 2.64 3.44 5.03 5.82 5.69
P/E 11.95 16.15 24.53 24.76 16.61

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Bye bye jamebond

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Journey to $1 by Monday morning 900am

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Please do your research no day no night 2 off days to reveal the power of myeg new project to justify target price $1 or $2

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

3iii is here in myeg..
You think Calvin meh...

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 weeks ago | Report Abuse

Fiscal year is January-December. All values MYR Millions. 2023 2022 2021 2020 2019
CASH AND EQUIVALENT 84 76 89 235 76
ST DEBT & CURRENT PORTION OF LT DEBT 145 158 68 48 49
LT DEBT 737 325 98 123 137
TOTAL DEBT 882 483 166 171 186
NET CASH (DEBT) -798 -407 -77 64 -110


Rapid growth comes with some risk. Debts increased.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 weeks ago | Report Abuse

Fiscal year is January-December. All values MYR Millions. 2023 2022 2021 2020 2019
CASH AND EQUIVALENT 84 76 89 235 76
ST DEBT & CURRENT PORTION OF LT DEBT 145 158 68 48 49
LT DEBT 737 325 98 123 137
TOTAL DEBT 882 483 166 171 186
NET CASH (DEBT) -798 -407 -77 64 -110


Rapid growth comes with some risk. Debts increased.

xiaoeh

2,299 posts

Posted by xiaoeh > 3 weeks ago | Report Abuse

hence 3iii
is MYEG a value stock?

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Rapid growth come with debt is ok... Because need to fund for the capax..
Debt will payoff after earning turn into account..
Now is the most beautiful project launching phase with huge profit turn in time

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 weeks ago | Report Abuse

However, with its high earnings of 487m and generating NOCF of 504m, its net DEBT of 798m is not a problem. It can easily be paid off over 2 years should it stop its capex!

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 weeks ago | Report Abuse

Company Profile
Sector: TECHNOLOGY

Subsector: DIGITAL SERVICES

Description:

MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is primarily engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. The company also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services.


Fiscal year is January-December. All values MYR Millions. 2023
Total Current Assets 1,157
Net Property, Plant & Equipment 368
Intangible Assets 1,226


This company leverages on digital technology. Thus, it is fixed asset light.

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 3 weeks ago | Report Abuse

2 minute summary for my kids:

A digital technology company. Has been innovative and growing its revenues and earnings. Its earnings are healthy, generating a lot of cash. Due to high capex for growth, its free cash flow is slightly negative most years.

Risks: political risks (many political approved contracts), new projects not playing out as planned.

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥

However, with its high earnings of 487m and generating NOCF of 504m, its net DEBT of 798m is not a problem. It can easily be paid off over 2 years should it stop its capex!

28 minutes ago

YES SIR!!

pineapple

222 posts

Posted by pineapple > 3 weeks ago | Report Abuse

Let's make this counter talk of the town for this week.

choysun

4,274 posts

Posted by choysun > 3 weeks ago | Report Abuse

Apa cerita today? Why so Ong?

Musfaz83

619 posts

Posted by Musfaz83 > 3 weeks ago | Report Abuse

myeg-c5s untung kan

James_Bond

2,638 posts

Posted by James_Bond > 3 weeks ago | Report Abuse

Wait for me before you all dumping off

Posted by OrlandoOilWeb3AI > 3 weeks ago | Report Abuse

The premium is from Zetrix is with China

James_Bond

2,638 posts

Posted by James_Bond > 3 weeks ago | Report Abuse

Sold 100,000 shares at 0.915!

James_Bond

2,638 posts

Posted by James_Bond > 3 weeks ago | Report Abuse

Leaving another 400,000 myeg shares…

pang72

48,062 posts

Posted by pang72 > 3 weeks ago | Report Abuse

Look like $1 today is possible... Opening 91.5c lol

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