MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.905

Today's Change

-0.01 (1.09%)

Day's Change

0.90 - 0.915

Trading Volume

28,276,200


67 people like this.

66,668 comment(s). Last comment by U1818 6 hours ago

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-11-27 11:30 | Report Abuse

Going to 1.80 next year

RainT

8,448 posts

Posted by RainT > 2019-11-27 11:55 | Report Abuse

down again

Posted by kariwong9394 > 2019-11-27 12:21 | Report Abuse

Myeg coming qr may not be so impressive... so short term might be not much movement or could be plunged down...wait for 1.06

Flyingout

29 posts

Posted by Flyingout > 2019-11-27 12:35 | Report Abuse

Short term gg....

ZStrader

832 posts

Posted by ZStrader > 2019-11-27 14:31 | Report Abuse

today idss play... just wait at the end trading

RainT

8,448 posts

Posted by RainT > 2019-11-27 14:35 | Report Abuse

@kariwong9394

how u know? u own a crystal ball?

Posted by runroadtokl > 2019-11-27 14:59 | Report Abuse

myeg will have support around Rm1.1

lee_m2020

4,786 posts

Posted by lee_m2020 > 2019-11-27 16:24 | Report Abuse

bloodspill everywhere... waiting at .80

ZStrader

832 posts

Posted by ZStrader > 2019-11-27 16:35 | Report Abuse

see end day can grab 118 or 119 ... hoping QR out is good... kahkah

Posted by Investar2862 > 2019-11-28 07:27 | Report Abuse

MYEG is able to stay above RM1.18, its immediate support level for the past five (5) trading day - looks very promising indeed.

Posted by Smart Beginners > 2019-11-28 09:55 | Report Abuse

buy in chance for now, don't wait until it boom til 1.3

Posted by hendrycheah > 2019-11-28 12:32 | Report Abuse

What is the main reason for the selldown? MYEG Phillipines prospect no longer exciting? management is foolish enough to spend 10 over millions buyback on a overprice value? A bad Q result coming? or just simply wanna sell?

CincaiBuy

125 posts

Posted by CincaiBuy > 2019-11-28 12:46 | Report Abuse

Contract with gov will end next year and no renew news out yet.

t0pup

55 posts

Posted by t0pup > 2019-11-28 12:47 | Report Abuse

Call warrant expire soon?

Posted by gambler9828 > 2019-11-28 12:47 | Report Abuse

Seem like --This acc up n down only la
Yoyo

DickyMe

14,673 posts

Posted by DickyMe > 2019-11-28 12:49 | Report Abuse

Good news!!! Let JPJ do their work instead of outsourcing.

Posted by Investar2862 > 2019-11-28 16:17 | Report Abuse

3 Call Warrant expiring 29 November 2019

Buy before too late

Huat1

2,509 posts

Posted by Huat1 > 2019-11-28 16:19 | Report Abuse

Ya these bankers will not let the price to go up before the expiry date

Posted by runroadtokl > 2019-11-28 16:22 | Report Abuse

you see htpadu also gg
myeg also gg

Posted by hendrycheah > 2019-11-28 17:10 | Report Abuse

Huat1, why banker won't let it goes up before expiry date? what will happen to the warrant if the price goes up?

Huat1

2,509 posts

Posted by Huat1 > 2019-11-28 17:24 | Report Abuse

Banker have to pay more if stock price goes higher...pay more to the holders

Ivan89

1,479 posts

Posted by Ivan89 > 2019-11-28 18:11 | Report Abuse

Good result

Ermmm

136 posts

Posted by Ermmm > 2019-11-28 18:18 | Report Abuse

wah tomorrow reach 1.25

Ermmm

136 posts

Posted by Ermmm > 2019-11-28 18:18 | Report Abuse

good
qr

lambsauce

332 posts

Posted by lambsauce > 2019-11-28 18:20 | Report Abuse

steady myeg, tmr gap up

mrknowled

341 posts

Posted by mrknowled > 2019-11-28 18:25 | Report Abuse

Myeg revenue are stable, lets see next qr with Philippine result

Posted by learnbyheart > 2019-11-28 18:36 | Report Abuse

lucky not follow my itchy hand to sold..i am expecting poor result at first when the price retrace pending announcement

ramada

3,955 posts

Orange3963

212 posts

Posted by Orange3963 > 2019-11-28 18:46 | Report Abuse

Lolz just reach 1.25 only?

Orange3963

212 posts

Posted by Orange3963 > 2019-11-28 18:46 | Report Abuse

I think can 1.35

lambsauce

332 posts

Posted by lambsauce > 2019-11-28 18:47 | Report Abuse

only MY dun appreciate this prosperous company, hopefully we can see good news from Bangladesh, PHL & Indo

Posted by Investar2862 > 2019-11-28 18:52 | Report Abuse

Good job MYEG

Solid & steady performance

Congratulations to all stakeholders of MYEG

Orange3963

212 posts

Posted by Orange3963 > 2019-11-28 18:56 | Report Abuse

My target 139

Ivan89

1,479 posts

Posted by Ivan89 > 2019-11-28 19:00 | Report Abuse

At least 1.5

Ivan89

1,479 posts

Posted by Ivan89 > 2019-11-28 19:00 | Report Abuse

In three mths

RainT

8,448 posts

Posted by RainT > 2019-11-28 19:05 | Report Abuse

good result

profit margin still maintain high at 51%

RainT

8,448 posts

Posted by RainT > 2019-11-28 19:06 | Report Abuse

really not understand why the PH government dont want continue give biz to MYEG

MYEG is really good & competent in do biz, is not depend on crony contract

is depend on its real ability

Posted by Investar2862 > 2019-11-28 19:07 | Report Abuse

Prospect of the Group

For the financial year ending (“FYE”) 31 December 2019, MYEG will continue to introduce innovative services leveraging on new technology to drive our growth for FYE2019.

We are also expanding our regional presence in Asia with the recent introduction of new joint ventures and services in the Republic of the Philippines, the People’s Republic of Bangladesh and the Republic of Indonesia. We are bringing our technology and expertise to these countries and hope to introduce innovative services which will enhance the efficiency in these new markets and allow us to tap on the continuous growth of transactions where the population in these countries are becoming more tech savvy. MYEG’s Board of Directors (“The Board”) is cautiously optimistic that these are the new markets which potentially may contribute to our organic growth for FYE2019 onwards.

At the same time, the Board will work closely with the Government to continue rolling out new egovernment services whilst maintaining the service level of the current services which will continue to benefit the Malaysian public, consistent with the Government’s objective.

In view of abolishment of the Goods and Services Tax (“GST”) regime in September 2018, the Board wishes to clarify that necessary impairments were made, in FY2018, on the investments as well as capital expenditure incurred on the tax monitoring system which were supposed to be rolled out under the GST regime. However, the Board is confident that there will be opportunities available to the Company to roll out similar systems in other countries which we are present and to re-deploy the system built and assets purchased (which the value had been impaired) in these countries.

Barring any unforeseen circumstances, the Board are cautiously optimistic that the long-term outlook for MYEG continues to remain positive as we continuously introduce innovative services as well as embarking on a regional expansion.

Trouble Huat

1,199 posts

Posted by Trouble Huat > 2019-11-28 19:11 | Report Abuse

sell on news guys. hehe

Huat1

2,509 posts

Posted by Huat1 > 2019-11-28 19:17 | Report Abuse

You sell fast fast okay?

mrknowled

341 posts

Posted by mrknowled > 2019-11-28 19:19 | Report Abuse

Woah @Trouble Huat long time no c ah you buy myeg meh?

mrknowled

341 posts

Posted by mrknowled > 2019-11-28 19:19 | Report Abuse

Last time Philippine news came out you say stock price will remain wor but why up ah?

mrknowled

341 posts

Posted by mrknowled > 2019-11-28 19:19 | Report Abuse

Now you say sell on news ah ? Who believe you

mrknowled

341 posts

Posted by mrknowled > 2019-11-28 19:19 | Report Abuse

Poor investor

popo92

578 posts

Posted by popo92 > 2019-11-28 19:54 | Report Abuse

fundamentally strong company

ChefSaham

516 posts

Posted by ChefSaham > 2019-11-28 20:19 | Report Abuse

likei said before flat qr but share price should reflect and go back to normal range of 1.3-1.4

newbie911

1,111 posts

Posted by newbie911 > 2019-11-28 20:21 | Report Abuse

There was also gain on disposal of other investment.

Chong96

51 posts

Posted by Chong96 > 2019-11-28 20:33 | Report Abuse

Congratz all Myeg investor!!! Price will rise to 1.7-1.8 before next QR out

Ivan89

1,479 posts

Posted by Ivan89 > 2019-11-28 20:35 | Report Abuse

That one only 3million, compared to the 57million profit. The profit is real

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