Posted by yoyo > 2019-11-21 11:25 | Report Abuse

always have faith with Mr Wong

Posted by Investar2862 > 2019-11-21 11:29 | Report Abuse

No need to crack my head too hard... make investment simple!

I just follow management of MYEG when they buy back their share.

Just up few sens and Sell now?

NEVER !!! Good opportunity is hard to come by and shall not be wasted.

We already know that MYEG ventured into other countries like Philippines, Indonesia & Bangladesh a few years ago (in order to expand and leverage on its knowledge and expertise in this field and not solely relying on its business in Malaysia) and now we starting to see positive results coming in...

Things are certainly getting better for MYEG after suffering from unfortunate challenges one after another after GE14...

Look at the financial performance of MYEG over the past one year after GE14 and you will noticed that its revenue and profit has been stable and good. If not for the impairment for the GST system in the last quarter of 2018, its business revenue and profit would be positive like any other quarter.

So now we are waiting for the last quarterly results of 2019.

Based on the past track records and no unusual developments (no bad news so far), we can expect another good results coming...

When that happens, the 4 rolling quarters EPS will improve (because no more affected by the 4th quarter 2018 losses - due to impairments of GST system). Therefore, PE will improve as well.

Note: If MYEG manage to get a contract to implement GST system in one of the overseas country, there may be reversal of impairment later. That would be a strong boost for the company.

Well, it can only gets better when they continue to doing the right things... Overseas business contribution especially from Philippines will start to coming in from the next quarter onward! Cheers!

Posted by probability > 2019-11-21 11:31 | Report Abuse

once black rock and vanguard finish disposing...we may never get this cheap..

it may move up very fast

of course it would be even nicer if they (foreign funds) changed their mind

................

with the current chaos in local politics, govn will think twice on making drastic changes like giving Myeg contracts to competition

have they (PH) dared to make any major business changes? ECRL is on...Bandar Malaysia is on...

nothing changed...just the name

Posted by Aero1 > 2019-11-21 11:38 | Report Abuse

Myeg has Agmo Studios.
Compare to Multisys?

Posted by mrstrong > 2019-11-21 11:38 | Report Abuse

Big Fish still want to collect tickets, be patient guys

Posted by flexibt > 2019-11-21 11:45 | Report Abuse

2.00 possible next month if good result

Posted by yoyo > 2019-11-21 12:08 | Report Abuse

high margin business with the ambitious Mr Wong, my top selection among others

Posted by FuryKid > 2019-11-21 13:22 | Report Abuse

@mrstrong patient about what？buy or sell？

Posted by kaleemtheman > 2019-11-21 14:16 | Report Abuse

MyEG said the launch of the service is the realisation of a partnership between MYEG Philippines and Land Bank, which entails the implementation and integration of MYEG Philippines' Electronic Payment and Collection System by Land Bank.

As the official depository bank of the Philippines and a fully government-owned entity, Land Bank has more than 400 enrolled merchants, comprising national government agencies, local government units, as well as private enterprises.

Posted by Newplayer286 > 2019-11-21 14:46 | Report Abuse

Hoho top up already vroom vroom vroom

Posted by scjohnny > 2019-11-21 14:48 | Report Abuse

ini kali la

Posted by flexibt > 2019-11-21 14:53 | Report Abuse

wow... 3M bought at 1.24

Posted by mrstrong > 2019-11-21 15:25 | Report Abuse

Be patient, buy and hold. TP1.7 gogo

Posted by paktua73 > 2019-11-21 15:34 | Report Abuse

paktua red stock troopers
all squad from all platoons here
was sold all share on hand sold latest at 1.23,1.22
lock all profit..

tut tut
bye bye

Posted by Smart Beginners > 2019-11-21 15:43 | Report Abuse

So fast lock profit? just started lol

Posted by Newplayer286 > 2019-11-21 16:15 | Report Abuse

This paktua always like that everywhere tell u buy 1.15 then sell 1.20 what a man

Posted by mrstrong > 2019-11-21 16:58 | Report Abuse

Last time I bought 1.05 and sell 1.24, then the price going to 1.70. I will not let this happen again. Hold Tight :)

Posted by Orange3963 > 2019-11-21 17:10 | Report Abuse

Haha

Posted by papparich > 2019-11-21 17:39 | Report Abuse

Good news! Good company. Tomorrow, we go surfing.

Posted by investortrader88 > 2019-11-21 18:08 | Report Abuse

good closing ! good can close green even Klse in red.

Posted by Chong96 > 2019-11-21 18:35 | Report Abuse

OTHERS | https://www.klsescreener.com/v2/announcements/view/29144872

Posted by Orange3963 > 2019-11-21 19:27 | Report Abuse

What is the meaning??

Posted by Orange3963 > 2019-11-21 19:27 | Report Abuse

Bad news?

Posted by lamy92 > 2019-11-21 20:40 | Report Abuse

Today up. Tomolow down..realty trade in malaysia..

Posted by mrknowled > 2019-11-21 22:52 | Report Abuse

Aiyoyo where’s the one who said today price may maintain and also will not up so much ah? Who is the guy ah? Please come out explain

Posted by mrknowled > 2019-11-21 22:53 | Report Abuse

What what huat already? I forget lo i only know i huat only

Posted by Stanley8 > 2019-11-21 23:34 | Report Abuse

https://www.theedgemarkets.com/article/myeg-partners-philippines-land-bank-online-services

Posted by Orange3963 > 2019-11-22 01:02 | Report Abuse

Hope up later

Posted by Davino Can > 2019-11-22 02:24 | Report Abuse

Go go go....show your power

Posted by witan > 2019-11-22 09:35 | Report Abuse

Price go up and down everyday. Why worry? Myeg easily will go back to rm1.6 once foreign funds stop selling. Those who are patient will be rewarded handsomely

Posted by Newplayer286 > 2019-11-22 09:45 | Report Abuse

This is very good counter, without gov also can survive and doing better plus expand their business to oversea. Chinese man do business is has their method. business i

Posted by Smart Beginners > 2019-11-22 10:12 | Report Abuse

Don't talk too much good things about this company to other who haven't buy yet. I know you know then shh..

Posted by lee_m2020 > 2019-11-22 11:22 | Report Abuse

foreign investors selling out yesterday 200mil over.. today? not sure.. DJ fell alot ...

Posted by syedluqman > 2019-11-22 15:24 | Report Abuse

Hold tight i buy when price dorp at 1.10... buy when other cut loss.. easy after QR shoot up 1.60-1.70

Posted by Hisham Haron > 2019-11-22 15:32 | Report Abuse

Kamon bagi cepat sikittt

Posted by Yu_and_Mee > 2019-11-22 15:37 | Report Abuse

i sold. short term trade will do. tata

Posted by probability > 2019-11-22 15:40 | Report Abuse

foreign fund sellers are probably done....u never know when it can shoot up in large quantum.... sell queue could be false...

Posted by Smart Beginners > 2019-11-22 15:56 | Report Abuse

In short term lowest the stock drop the strongest rebound will come.

Posted by Stanley8 > 2019-11-22 16:12 | Report Abuse

Wei, blue chip lah. Aim higher

Posted by CharlieSim > 2019-11-22 16:14 | Report Abuse

Beauty in the making...:)

Posted by hendrycheah > 2019-11-22 17:12 | Report Abuse

it was 1.23-1.25 for the whole day, why in the end someone so despo to sell at 1.22...lolx

Posted by good spectra > 2019-11-22 19:22 | Report Abuse

myeg philippines

Posted by CharlieSim > 2019-11-23 16:30 | Report Abuse

you all are right!
looking great :)

Posted by probability > 2019-11-23 21:02 | Report Abuse

The future of all government services is via e-government, not only Malaysia...everywhere, Indonesia, Philippines..

........................

KKMM to expand Kembara Digital Malaysia programme
Saturday, 23 Nov 2019 07:47 PM MYT


https://www.malaymail.com/news/malaysia/2019/11/23/kkmm-to-expand-kembara-digital-malaysia-programme/1812709


KUALA PILAH, Nov 23 — The Kembara Digital Malaysia (KDM) Programme, which is the platform of the Ministry of Communications and Multimedia (KKMM) Malaysia and government departments and agencies to help the people in facing numerous digital era challenges, is to be expanded nationwide, next year.

“ In the myriad of e-Government initiatives such as MyEG, e-service, e-filing and others which facilitated the people, it was hoped that the people would also take the opportunities to benefit through its use,” he said.

Posted by probability > 2019-11-23 21:09 | Report Abuse

MYEG LAUNCHES FIRST PHASE OF E-GOVT SERVICES IN PHILIPPINES WITH LANDBANK

By Digital News Asia November 21, 2019

- Strengthens position as top e-government portal in philippines
- With 12 mil users a year and growing, MD sees immense opportunity

https://www.digitalnewsasia.com/business/myeg-launches-first-phase-e-govt-services-philippines-landbank


Filipinos now have the convenience of being able to transact online through MYEG Philippines's portal with Landbank’s enrolled government agencies and merchants

MY E.G Services Bhd (MYEG) has announced that its Philippines subsidiary, MYEG Philippines, Inc. (MYEG Philippines) has commencement the first phase of its online services in partnership with Land Bank of the Philippines (Landbank) to offer e-govt services to the people of the Philippines in transacting with the government.

The service, along with its other online offerings in Philippines since 2017 helps reinforce its position as the country’s leading e-government portal. MYEG had entered into a joint venture agreement in 2017 with I-Pay Commerce Ventures Inc to take a 40% stake in MYEG Philippines for US$2 million (RM8.3 million).

The launch of the e-govt service is a realisation of a partnership between MYEG Philippines and Landbank that entails the implementation and integration of MYEG Philippines’ Electronic Payment and Collection System by Landbank. As the official depository bank of the Philippines and a fully government-owned entity, Landbank has more than 400 enrolled merchants, comprising national government agencies, local government units, as well as private enterprises.

Filipinos now have the convenience of being able to transact online through MYEG Philippines's portal with Landbank’s enrolled government agencies and merchants and pay through their preferred methods – be it electronically or physically at any of MYEG Philippines’s over 40,000 over-the-counter locations.

The commencement of the new service marks the latest offering by MYEG Philippines, complementing its other existing online services such as National Bureau of Investigation clearance and renewal and further solidifying its leading position as the preferred single window for Filipinos to not only transact hassle-free with all levels of government, but also to easily access a broad range of commercial products and services, such as insurance coverage and personal loans.

‘With 12 million users per annum and growing, the immense opportunity there means that Philippines is definitely an increasingly important market for us,’ says TS Wong (pic), Group Managing Director of MYEG.MYEG launches first phase of e-govt services in Philippines with Landbank

In its 2018 annual report, TS had highlighted that with more government services and commercial offerings in the pipeline to be progressively rolled-out, the Philippine business is achieving significant traction. The annual report shows that it made US$1.68 million (RM7 million) revenue in its 2018 financial year.

Among the initial payee agencies and merchants activated as part of the first phase of this service offered on MYEG Philippines’s online platform are:

● Philippine Charity Sweepstakes Office

● Philippine National Police

● Land Bank Master Card

● Cagayan Electric Power and Light Co. Inc

● City Government of Davao

● Leyte Metropolitan Water District

● University of the Philippines – Los Banos

● United Coconut Planters Life Assurance Corp. – Cocolife

MYEG expects more payee agencies and merchants to be onboarded progressively in subsequent phases of the ongoing implementation of the service.

Posted by probability > 2019-11-23 21:10 | Report Abuse

Above two postings - worth a reread.

Posted by ChefSaham > 2019-11-24 14:47 | Report Abuse

expect flat or minimal improvement quarter report, hence price will slowly return to 1.4-1.5 area before catalyst needed to push further back to 1.7 area

Posted by popo92 > 2019-11-24 22:00 | Report Abuse

the first phase of the services offered on MYEG philippines are not so attractive to be honest, i am expecting more major services that needed to renew annually, if not monthly haha

Posted by FuryKid > 2019-11-25 09:33 | Report Abuse

Green army，r u ready？

Posted by mrstrong > 2019-11-25 11:39 | Report Abuse

today try 1.26 :)