Posted by pang72 > 2 months ago | Report Abuse

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

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 2 months 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)$€£¥ > 2 months 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 xiaoeh > 2 months ago | Report Abuse

hence 3iii
is MYEG a value stock?

Posted by pang72 > 2 months 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)$€£¥ > 2 months 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)$€£¥ > 2 months 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)$€£¥ > 2 months 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.

Posted by pang72 > 2 months 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!!

Posted by pineapple > 2 months ago | Report Abuse

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

Posted by choysun > 2 months ago | Report Abuse

Apa cerita today? Why so Ong?

Posted by Musfaz83 > 2 months ago | Report Abuse

myeg-c5s untung kan

Posted by James_Bond > 2 months ago | Report Abuse

Wait for me before you all dumping off

Posted by OrlandoOilWeb3AI > 2 months ago | Report Abuse

The premium is from Zetrix is with China

Posted by James_Bond > 2 months ago | Report Abuse

Sold 100,000 shares at 0.915!

Posted by James_Bond > 2 months ago | Report Abuse

Leaving another 400,000 myeg shares…

Posted by pang72 > 2 months ago | Report Abuse

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

Posted by pang72 > 2 months ago | Report Abuse

Kame bro, sell all la... Why sell so slow taking the whole morning

Posted by EngineeringProfit > 2 months ago | Report Abuse

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

Posted by EngineeringProfit > 2 months ago | Report Abuse

HUAAAAAAAAAAT AAAAAAAAARRRRRRRRRRRRRRRRR...................................

CHeers, guys

Posted by pang72 > 2 months ago | Report Abuse

No sign of slow down..
The great myeg ship is sailing smoothly

Posted by pang72 > 2 months ago | Report Abuse

Take up 0.05c bit by bit...
POWER sia:)

Posted by pang72 > 2 months ago | Report Abuse

James_Bond

Sold 100,000 shares at 0.915!

3 minutes ago


James_Bond

Leaving another 400,000 myeg shares…

2 minutes ago

THE PRICE HITS $1 TODAY..
YOUR LOTS WILL NEVER SOLD OUT..

THE PRICE FALL TO 85C...
YOU WILL SURY SOLD EVERYTHING AT 92C NOW..

I WAIT FOR YOUR NEXT COMMENTS BRO JAMES

Posted by pang72 > 2 months ago | Report Abuse

So, let's go $1 mari today

Posted by pang72 > 2 months ago | Report Abuse

250mils shares at 90c = $225mils ringgits


You, me, Foreign Funds house, local fund house...

Please nominate your choice of who the hell has great power of $225mils to sapu the shares in whole morning?

Posted by Rose001 > 2 months ago | Report Abuse

https://youtu.be/0NYbhC6kHSM?si=mBk9untUBDZNnV-N i buy MYEG stock after i watched this video, nice profit today!

Posted by lululemon > 2 months ago | Report Abuse

Will myeg ready to test all time in the next ten days?

Posted by alivetoinvest > 2 months ago | Report Abuse

Dsonic might win but you wouldnt beliv it :)

Posted by EngineeringProfit > 2 months ago | Report Abuse

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

Posted by EngineeringProfit > 2 months ago | Report Abuse

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

Posted by EngineeringProfit > 2 months ago | Report Abuse

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

Posted by sugerdad > 2 months ago | Report Abuse

Value 266.546m
3,013,888

Posted by pang72 > 2 months ago | Report Abuse

Volume increase 50mils shares from 250 to 300 mils within 30mins

Posted by pang72 > 2 months ago | Report Abuse

Panic buy button is triggered.... Conlanform la

Posted by sugerdad > 2 months ago | Report Abuse

刚好一年前也是这个量

Posted by sugerdad > 2 months ago | Report Abuse

如果晚上没有出消息，明天就回gg

Posted by Wonder138 > 2 months ago | Report Abuse

https://klse.i3investor.com/web/blog/detail/wonder138/2024-04-26-story-h-182820291-Wondering_why_the_MYEG_price_is_stagnant_Part_II

Posted by pang72 > 2 months ago | Report Abuse

300mils to 350 mils taken another 30mins

Posted by 1pingpong > 2 months ago | Report Abuse

Thank you thank you MYEG. Nice

Posted by pang72 > 2 months ago | Report Abuse

The last hour...

The most exciting hour...

Posted by pang72 > 2 months ago | Report Abuse

I suppose volume touching 400mils at 430pm in view of overwhelming and trusted in myeg

Posted by pang72 > 2 months ago | Report Abuse

Once touching 92.5c will all the way up till closing time 4.45pm

Posted by pang72 > 2 months ago | Report Abuse

Big Big Big funds panic buy like no tomorrow..

Like buying vege in pasar malam..

Posted by 1pingpong > 2 months ago | Report Abuse

Alivetoinvest- come i high five you.

Posted by Apple2353 > 2 months ago | Report Abuse

today cannot sampai RM1.. will wait for next week.. durian jatuh next week

Posted by pang72 > 2 months ago | Report Abuse

400mils shares translated... Bravo to myeg

Posted by pang72 > 2 months ago | Report Abuse

Lucky, my ah long money come in time in the afternoons...
Sialang Jo..
May God bless myeg and me:)

Posted by pang72 > 2 months ago | Report Abuse

Wishing to get 91.5c now in queue..
Tunggu la...
Buy at $1 next Monday...

Posted by pang72 > 2 months ago | Report Abuse

Hahaha..
Buy queue raises from 1 mils to 3 mils...

Posted by pang72 > 2 months ago | Report Abuse

Congrate everyone for big gain... 91. 5c sedap:)