MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

1.00

Today's Change

-0.05 (4.76%)

Day's Change

0.995 - 1.05

Trading Volume

116,784,900


67 people like this.

66,597 comment(s). Last comment by laulau 4 hours ago

choysun

4,309 posts

Posted by choysun > 2 weeks ago | Report Abuse

Cheaper? Sure or not... :p

sg999

1,767 posts

Posted by sg999 > 2 weeks ago | Report Abuse

Foreign fund non stop selling. today close at lowest.

NorazmiAR

102 posts

Posted by NorazmiAR > 2 weeks ago | Report Abuse

MyEG Services Bhd (KL:MYEG) announced the activation of its blockchain-based cross-border trade facilitation services after it has secured recognition of certificates from relevant authorities. This service, known as ZTrade services, operates on MyEG’s blockchain platform, Zetrix. It enables all data in these certificates to be available accurately in near real-time, increasing tariff computation and customs clearance efficiency. Exporters using the service will benefit from faster and more convenient clearance processing for trades going into China. MyEG activates block-chain based cross-border trade facilitation services for exporters

MULTIEVER

132 posts

Posted by MULTIEVER > 2 weeks ago | Report Abuse

queing for sell volume is way more heavy than buy side

NorazmiAR

102 posts

Posted by NorazmiAR > 2 weeks ago | Report Abuse

MYEG is at the early stage of multi-bagger stock...huge accumulation by investors in 98 - 1.05 price. The potential of Ztrade and Zetrix is huge with the activation of blockchain-based cross-border trade facilitation services. It is very2 difficult, I repeat very2 difficult to penetrate and be part of the process with China custom clearance system. Imagine how big ASEAN countries market that do trading with China. This Ztrade is not additional cost to trading companies, instead it will be more cost saving and efficient for trading companies to use Ztrade in comparison to existing custom clearance process.

sg999

1,767 posts

Posted by sg999 > 2 weeks ago | Report Abuse

Open high close red at 0.90..new low

Posted by OutOfTouch96 > 2 weeks ago | Report Abuse

wah blockchain technology is useful??

Posted by CarolineTeoh > 2 weeks ago | Report Abuse

Blockchain technology is an advanced database mechanism that allows transparent information sharing within a business network. It will be prevalent in the future

Tenka226

111 posts

Posted by Tenka226 > 2 weeks ago | Report Abuse

Chipped in some @ 99 cents today 🤗

Posted by sailang_now > 2 weeks ago | Report Abuse

You maybe right! KWAP's selling to fund Govt. Pension revision, while EPF's sales to fund Account Fleksible? Members withdraws money from EPF to buy Myeg, while EPF sells Myeg to them for cash!...tut tut

keepup

become kwap atm machine

blazer999

89 posts

Posted by blazer999 > 2 weeks ago | Report Abuse

may be not the right time now...

MULTIEVER

132 posts

Posted by MULTIEVER > 2 weeks ago | Report Abuse

a roughly RM 10mil equivalent que to buy @0.985
stronk buy support?🤔

U1818

673 posts

Posted by U1818 > 2 weeks ago | Report Abuse

https://www.thestar.com.my/business/business-news/2024/07/03/top-fund-bets-on-long-term-stock-rally-for-malaysia

Top fund bets on long-term stock rally for Malaysia

Power company Tenaga Nasional Bhd, tech firm My E.G. Services Bhd and construction outfit Sunway Bhd are among the fund’s top holdings as Lee favours utilities, builders and telecommunication companies.

OrlandoWeb3AI

4,878 posts

Posted by OrlandoWeb3AI > 2 weeks ago | Report Abuse

Yes mostly institutional funds in MYEG

This blog has only 728 views...


Yes mostly institutional funds buying

https://klse.i3investor.com/web/blog/detail/WEB3/2024-06-29-story-h-157975409-MYEG_Why_start_with_DURIAN_ZETRIX

U1818

673 posts

Posted by U1818 > 2 weeks ago | Report Abuse

https://www.bharian.com.my/bisnes/lain-lain/2024/07/1265640/malaysia-akan-mula-eksport-durian-segar-ke-china-menjelang-suku

Malaysia akan mula eksport durian segar ke China menjelang suku ketiga

Posted by AllIsVanity > 2 weeks ago | Report Abuse

This is a RM2 share.

laulau

453 posts

Posted by laulau > 2 weeks ago | Report Abuse

Refer link below on what most IBs issuing CWs think of Myeg. Better follow KWAP/EPF to take profit based on strength before the music ends?
https://klse.i3investor.com/web/stock/warrant/0138

Tenka226

111 posts

Posted by Tenka226 > 2 weeks ago | Report Abuse

Dnt worry, Mr Wong will come out and buy back the shares 😁

OrlandoWeb3AI

4,878 posts

Posted by OrlandoWeb3AI > 2 weeks ago | Report Abuse

Gonna eat CTOS lunch?

U1818

673 posts

Posted by U1818 > 2 weeks ago | Report Abuse

https://www.klsescreener.com/v2/news/view/1342131/ccob%E6%8E%A8%E8%BF%9B%E6%B6%88%E8%B4%B9%E8%80%85%E4%BF%A1%E8%B4%B7%E6%B3%95%E6%A1%88-%E9%9D%9E%E9%93%B6%E8%A1%8C%E5%80%9F%E8%B4%B7%E6%96%B9%E9%A1%BB%E8%AF%84%E4%BC%B0%E8%B4%9F%E6%8B%85%E8%83%BD%E5%8A%9B

CCOB推进消费者信贷法案
非银行借贷方须评估负担能力
Nanyang Thu, Jun 13, 2024

“银行将数据提交给CCRIS(中央信用参考信息系统),但非银行(信贷业者)没有这样做的系统。他们须向信用报告机构提交数据,无论是提供信贷情报服务的CTOS数字(CTOS,5301,主板科技股)、Experian还是CBM。

blazer999

89 posts

Posted by blazer999 > 2 weeks ago | Report Abuse

Okay, it's time !

SS13

165 posts

Posted by SS13 > 2 weeks ago | Report Abuse

Hopefully selling has ended an will rebound back to above RM1.10 soon

SS13

165 posts

Posted by SS13 > 2 weeks ago | Report Abuse

Counting on their ZTrade platform to bring it to greater heights.

Posted by OutOfTouch96 > 1 week ago | Report Abuse

wait below 1.00

U1818

673 posts

Posted by U1818 > 1 week ago | Report Abuse

https://www.sinchew.com.my/?p=5712481

榴莲鲜果最快8月输华

Tenka226

111 posts

Posted by Tenka226 > 1 week ago | Report Abuse

Haven't seen any downtrend sign yet ..

Jaycee89

267 posts

Posted by Jaycee89 > 1 week ago | Report Abuse

Stop buying myeg unless drop less than 1, above 1 don’t buy , stay condo haha

Posted by sailang_now > 6 days ago | Report Abuse

With continuous selling by KWAP, it's the signal for IBs to short Myeg! Will support at RM0.99 breaks? as Myeg becomes a penny stock again! As dark clouds alway looms in Malaysia. It will becomes worse if Govt rejects MAHB deal. May lead to more foreign funds leaving Bursa! With no support by Bulls in sight as Godzilla already left & regular promoters are nowhere in sight?, will the Bears & IBs have the upper hand?...tut tut

Highest 1.15
Support?
Resistant 0.95
Resistant 0.91
Resistant 0.88
Resistant 0.85
Resistant 0.83
Resistant 0.785
Price 0.99
Verdict: Downtrend is confirmed!

NorazmiAR

102 posts

Posted by NorazmiAR > 5 days ago | Report Abuse

ZTrade Expands Service to Enable Two-Way Cross Border Digitised Trade Documentation

Onboarding of Pioneer Users Now Actively Underway

Petaling Jaya, 12 July 2024 – ZTrade, a Web 3 platform that facilitates the cross-border trading of goods with China, is expanding its scope of coverage to encompass the digital verification of Certificates of Origin (COOs) issued by the General Administration of Customs of the People’s Republic of China (GACC).

The enhancement will make ZTrade, the first-of-its-kind platform that provides verification and exchange of digitised trade documents on the Zetrix blockchain platform, a truly two-way cross-border facilitation service for trades with China.

This significant milestone comes just two weeks after MY E.G. Services Bhd (MYEG), the developer of Zetrix and related Web 3 applications including ZTrade, announced that the connectivity deployment of the service had been completed and live connectivity to GACC’s Single Window Platform has since been enabled.

With the recent activation of ZTrade, key trade documents related to outbound exports from Malaysia submitted digitally through the platform would be officially recognised by the GACC, paving the way for users to enjoy green-lane access for faster trade processing and clearance.

These documents include COOs issued by the Ministry of Investment, Trade and Industry of Malaysia and Phytosanitary Certificate and other product certificates issued by the Ministry of Agriculture and Food Security of Malaysia.

As a testament of ZTrade’s important role in easing and expediting cross-border trading, MYEG has now received notification from GACC via its wholly-owned agency East Logistic-Link Co., Ltd to expand ZTrade’s scope to include verification of COOs issued by GACC. These COOs are issued in the form of Verifiable Credentials on the Zetrix Layer-1 blockchain.

This service can be utilised by authorities from countries importing from China to expedite customs clearance as there will no longer be any need for manual document verification. In addition, companies providing trade facilitation services, like shipping companies and trade financing institutions, can also leverage on the system and enable smart contracts that execute to automate trade processes and transactions.

Since the launch of ZTrade, the onboarding of users, namely freight forwarders and
exporters, onto the platform have been actively ongoing. More information on ZTrade is
available at https://ztrade.ztradefi.com/

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=148910&name=EA_GA_ATTACHMENTS

Posted by alextan5680 > 5 days ago | Report Abuse

Zetrix区块链公司隶属于MyEG。(MyEG提供)

(吉隆坡12日讯)MyEG(MYEG,0138,主板科技股)透过马中贸易平台ZTrade,目前正扩大覆盖范围,其中涵盖中国海关总署(GACC)签发的原产地证书(COO)数字认证,好实现双向跨境数字化贸易文件管理。

该公司周五发文告指出,透过这项服务,能使ZTrade利用Zetrix区块链提供数字化验证和交换服务,成为真正意义上的双向跨境服务。

用户在使用时,利用该平台以数字化的方式,提交大马出口相关文件,将得到中国海关总署的认可,且能以绿色通道、加快贸易和清关方式铺平道路。

相同,从中国进口的国家,也能享用这些便利,如航运货贸易融资机构,同时,还能利用该系统启用智能合约,以自动化贸易流程和交易。

NorazmiAR

102 posts

Posted by NorazmiAR > 5 days ago | Report Abuse

What a pleasant surprise, after 2 weeks MYEG announced the activation of its blockchain-based cross-border trade facilitation services for clearance processing for trades going into China (exporters from Malaysia), today MYEG announced they also managed to expand its scope of coverage to encompass the digital verification of Certificates of Origin (COOs) issued by the General Administration of Customs of the People’s Republic of China (GACC) (exporters from China).

This means MYEG have expanded their services both ways, for exporters of both Malaysia and China by enabling Two-Way Cross Border Digitised Trade Documentation.

The potential of Ztrade and Zetrix is getting more huge with the activation of blockchain-based cross-border trade facilitation services for both side. It is very2 difficult, I repeat again, very2 difficult to penetrate and be part of the process with China custom clearance system. On top of that, MYEG also can process for China exporters. Imagine how big ASEAN countries market that do trading with China. This Ztrade is not additional cost to trading companies, instead it will be more cost saving and efficient for trading companies to use Ztrade in comparison to existing custom clearance process. Exporters will benefit the green-lane access for faster trade processing and clearance.

NorazmiAR

102 posts

Posted by NorazmiAR > 5 days ago | Report Abuse

Anyone missing the boat to top up below 80 cents back in Mar 2024, here is the chance for you to join the rally that will push MYEG to at least 1.50 - 2.00!! I believe that MYEG is at the early stage of multi-bagger stock...huge accumulation by investors in 98 - 1.05 price. The potential to expand its Ztrade services beyond ASEAN countries also makes MYEG can increase its revenues consistently for years to come.

speakup

26,015 posts

Posted by speakup > 5 days ago | Report Abuse

speakup bought 80sen

icecool

4,889 posts

Posted by icecool > 4 days ago | Report Abuse

i told you guys many times just buy the dip sure profit you don't believe.

NorazmiAR

102 posts

Posted by NorazmiAR > 4 days ago | Report Abuse

"The enhancement will make ZTrade, the first-of-its-kind platform that provides verification and exchange of digitised trade documents on the Zetrix blockchain platform, a truly two-way cross-border facilitation service for trades with China."

Please read the above statement again and again from the announcement. MYEG is the first company provides verification and exchange of digitised trade documents. Getting trust and being the provider of trade documents services by both Malaysia and China governments is not easy. In fact it is very difficult to develop and convince both governments to use Ztrade, a Web 3 platform as pioneer to ease the process and make it more transparent and automation.

China has been Malaysia's largest trading partner since 2009, with total trade last year reaching 450.84 billion ringgit ($98.90bn). On top of that ASEAN's trade in goods with China more than doubled, reaching $722 billion in 2022 and accounting for nearly one-fifth of ASEAN's global trade. China's investment flows into ASEAN also saw a substantial rise, reaching $15.4 billion in 2022. This growth underscores China's expanding regional influence.

MYEG have started the Ztrade trade facilitation services starting 27 June 2024 and will expand its services to Indonesia by end of 2024. Next year it will open up its services to Philipines and other ASEAN countries.

NorazmiAR

102 posts

Posted by NorazmiAR > 4 days ago | Report Abuse

It is a no-brainer for investors to start collecting MYEG considering the potential substantial amount of revenue and profit that MYEG will generate from Ztrade. Not only Ztrade is considered as ESG initiative for companies that moving to this platform, its usage of Web 3 platform and Zetrix coins will ensure it is future proof and adaptable to many countries that want to upgrade their trading documentation to more efficient and transparent.

MYEG will be multi bagger stocks that have the same traits as YTL where it is serving future needs TODAY!!

falvin

3 posts

Posted by falvin > 3 days ago | Report Abuse

looks like the co. posted their AGM video on their website.
good bkgd info, especially on zetrix. seems like the digital asset in their balance sheet are stablecoins. can watch the video from their website https://www.myeg.com.my/investor-relations/general-meetings

U1818

673 posts

Posted by U1818 > 3 days ago | Report Abuse

@falvin, thanks for info.

Tenka226

111 posts

Posted by Tenka226 > 2 days ago | Report Abuse

Ibanera, like many banking startups looking to upend today’s banking processes, sees blockchain as a game-changer.

https://www.cdotrends.com/story/4108/rise-web3-bank-ibaneras-radical-reimagining-finance

Jaycee89

267 posts

Posted by Jaycee89 > 2 days ago | Report Abuse

Guys , switch from this stock to Nationgate , will thanks me later

Posted by Myinvestment88 > 1 day ago | Report Abuse

Is Coming back guy
Pls hold 💪🏻

Posted by AllIsVanity > 23 hours ago | Report Abuse

MyEG ZTrade赚幅料95%, 综上,我们重申对MyEG的“买入”评级,目标价定在1令吉。

What the efff?!

U1818

673 posts

Posted by U1818 > 23 hours ago | Report Abuse

Nanyang 写错了,Maybank IB 给的 TP 是 RM1.68, 还未加入 Ztrade 的盈利贡献因为目前难以预测和估计。不是 RM1.00。

laulau

453 posts

Posted by laulau > 4 hours ago | Report Abuse

Friends & Gentlemen, Rather than wait here at Myeg and incurs opportunity cost as KWAP/EPF's still taking profit from Retailers for pension revision, accumulate Muhibbah now with positive momentum as Breakout's imminent with infrastructure & Construction theme play! After the Dividend & Dividend Reinvestment Plan we can revisit Myeg later?

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