Posted by dragon12345 > 2020-05-28 17:29 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/05/28/myeg-to-seek-extension-of-govt-agreements

Posted by dragon12345 > 2020-05-28 17:30 | Report Abuse

MyEG target price reduced to 1.46 and downgraded to HOLD

Posted by investortrader88 > 2020-05-28 17:33 | Report Abuse

Change in the Interest of Substantial Shareholder (202005283600299)
Company Name MY E.G. SERVICES BHD
Stock Code / Short Name 0138 / MYEG
Date & Time Announce 28/05/2020 05:28:44 PM
Subject Changes in Sub. S-hldr's Int (Section 138 of CA 2016)

Content
Substantial Shareholder's Particulars
Name : KUMPULAN WANG PERSARAAN (DIPERBADANKAN)
Address : Level 36, Integra Tower The Intermark 348 Jalan Tun Razak 50400 Kuala Lumpur Wilayah Persekutuan Malaysia
NRIC/Passport No/Company No. : KWAPACT6622007
Nationality/Country of Incorporation : Malaysia
Descriptions(Class & nominal value) : Ordinary Shares

Name & address of registered holder
You are advised to read the entire contents of the announcement or
attachment.To read the entire contents of the announcement or attachment,please
access the Bursa website at http://www.bursamalaysia.com

Details
Date of Change No of shares Price Transacted(RM) Transaction type
27/05/2020 2,822,900 0.000 Disposed
27/05/2020 1,417,400 0.000 Acquired
27/05/2020 2,000,000 0.000 Acquired

Description of other type of transaction :
Circumstances by reason of which change has occured

Nature of interest : Direct and Indirect Interest
Direct (units) : 173,276,900
Direct (%) : 5.011%

Indirect/deemed interest(units) : 24,001,200
Indirect/deemed interest(%) : 0.694%

Total no of shares after change : 197,278,100
Date of notice : 28/05/2020

Remarks
The percentage of direct and indirect interests as at Date of Notice
exclude 148,165,100 Ordinary Shares bought back by the Company and retained as
treasury shares.
You are advised to read the entire contents of the announcement or attachment.
To read the entire contents of the announcement or attachment, please access
the Bursa website at http://www.bursamalaysia.com

free website hit counter

Posted by poseidon80 > 2020-05-28 17:34 | Report Abuse

Dragon12345, yes we already knew this and had shared our view.. most of us agreeed Myeg will get back the renewal.. just for shorter duration for 3 years instead of 5.

Posted by ASB79 > 2020-05-28 17:34 | Report Abuse

KWAP bought more (with one disposal)
Boss Wong bought more too

https://www.bursamalaysia.com/market_information/announcements/company_announcement?company=0138

Posted by Questions > 2020-05-28 18:09 | Report Abuse

Kwap is the one who throw yesterday . Wong ts supported
The price

Posted by rainiscoming > 2020-05-28 18:20 | Report Abuse

because need some money to pay that 500 on jun XD

Posted by MonkeyFoo > 2020-05-28 18:48 | Report Abuse

不要在找借口了，GG

Posted by UseBrainS > 2020-05-28 19:48 | Report Abuse

猪脑 MonkeyFoo，看announcement不要看一半，。。下面买了那么多又不说？脑装屎是吗、。想买低价位就说

Posted by Joyce8439 > 2020-05-28 20:46 | Report Abuse

Tomorrow still can buy?

Posted by limec86 > 2020-05-28 20:52 | Report Abuse

好好来。。不要坠机哦。。好让可以安全抵达。。保佑保佑。。

Posted by ikenduit > 2020-05-28 20:53 | Report Abuse

Renewal of shorter period is expected. Same thing happened to other concession holder. 3 years is good enough what.

Posted by bullpiano > 2020-05-28 21:04 | Report Abuse

1. Acquisition of shares in open market by KWAP - 2,822,900 (Disposed)
2. Acquisition of shares in open market by KWAP's fund manager - 2,000,000 (Acquired)
3. Disposal of shares in open market by KWAP's fund manager - 1,417,400 (Acquired)

27/5 O1.37 H1.42 L 1.22 C 1.30

Sell at higher price & collect more at lower price. This is how KWAP make money.

Posted by MonkeyFoo > 2020-05-28 21:33 | Report Abuse

@UseBrainS 蠢货注定失败

Posted by UseBrainS > 2020-05-28 22:57 | Report Abuse

好 我为我过激的语气 和你道歉 我是持有dsonic的 可是不想看到大家胡乱猜想

Posted by newbie2201 > 2020-05-28 23:00 | Report Abuse

@UseBrainS dun talk to animal ....he dunno human language ^.^

Posted by smarturban > 2020-05-28 23:46 | Report Abuse

too bad. buy too less this morning. see if got chance to top up more tomorrow for medium term

Posted by sell > 2020-05-29 02:48 | Report Abuse

QR last day?

Posted by DamonZ > 2020-05-29 07:02 | Report Abuse

1.50 today, Steady boom bi bi

Posted by Lee Kok Wee > 2020-05-29 07:28 | Report Abuse

Keep buy . wait for fly . Huat ar ......

Posted by Striker90 > 2020-05-29 08:26 | Report Abuse

Gamuda-we 0.14 buy call, it was 0.40 when the Mother was Rm4.0, now trading at 8% premium, Greatest deal for HSR relation

Posted by poseidon80 > 2020-05-29 08:28 | Report Abuse

Striker90, please promote at gamuda stock chat.. this for myeg

Posted by Jameslaucc > 2020-05-29 08:56 | Report Abuse

today will release result anouncement?

Posted by Ikigai > 2020-05-29 09:18 | Report Abuse

Results should be out today

Posted by salman > 2020-05-29 09:59 | Report Abuse

WARNING SELL!!!

Posted by Value888 > 2020-05-29 10:24 | Report Abuse

ok salman, RM1.70.

Posted by Steven1717 > 2020-05-29 10:30 | Report Abuse

lol

Posted by 682pujut2b > 2020-05-29 11:14 | Report Abuse

Has any of MYEG potential competitors developed an alternative e-government service platform to replace myEG. This would require ten's of millions and at least 1 year or more time to develop, followed by extensive testing by users, etc, to make sure that it is a viable and better replacement system. Any competitor who wants to invest in it must also be prepared to write-off the huge development costs if they cannot win the contract. Which company is able and willing to do that ?

If the answer to the above is very unlikely, then MYEG still would be getting the contract extension. What the Gov't could do is to negotiate for better terms, like improvement aspects, and perhaps lower charges.
Another important point is government sort of "owe" MYEG a big favour. MYEG did not ask the government for compensation of the development costs for the GST system , for which MYEG had to write off RM160 million of GST development costs in Q3 2018 . Just think about this.

Posted by Lee Kok Wee > 2020-05-29 11:20 | Report Abuse

I believed both Dsonic and MYEG will be winner for coming contracts . Trust me .

Posted by Ikigai > 2020-05-29 11:20 | Report Abuse

mypay

Posted by bullpiano > 2020-05-29 11:22 | Report Abuse

spot on. System cannot replace over night.

Very likely Gov't will ask MYEG to lower down charges.

Posted by Riaz54 > 2020-05-29 11:29 | Report Abuse

This stock like some others does not trade purely on fundamentals! Fundamentally assuming Myeg gets the contract, which is highly likely and in addtion to prospects in other jursidictions make it attractive propistion. However the stock is treated by many including govt investing insitiutions use it to make money from volatility which they insitigate in the first place! Very small number of real long term investors.

Posted by poseidon80 > 2020-05-29 11:32 | Report Abuse

Volume still low.. real game haven’t start yet.. today

Posted by 682pujut2b > 2020-05-29 11:35 | Report Abuse

If Gov't wants a replacement, I think it is only possible if the government invites qualified companies to bid for the design and testing of a new e-government service platform with clear specs and terms at least two years ahead of the end of the current service contract. This has not been done.

Posted by Ikigai > 2020-05-29 11:35 | Report Abuse

Not easy to replace something that has been in the market for so long. Given the current pandemic situation I think gov's decision will be to maintain myeg platform rather than shake things up

Posted by NeymarJr > 2020-05-29 11:44 | Report Abuse

they must have create chance for govt employees to buy low now

Posted by NeymarJr > 2020-05-29 11:48 | Report Abuse

I follow Director Wong buy you won't go wrong

Posted by bullpiano > 2020-05-29 11:58 | Report Abuse

If Gov't wants a replacement, I think it is only possible if the government invites qualified companies to bid for the design and testing of a new e-government service platform with clear specs and terms at least two years ahead of the end of the current service contract. This has not been done.

Spot on again. Old system can be replace by new one but need to be well planned & time

Posted by rainiscoming > 2020-05-29 12:04 | Report Abuse

no volume today, all waiting qr

Posted by NeymarJr > 2020-05-29 12:07 | Report Abuse

if QR is good MYEG would have move up by now but it still stagnant at 1.35

Posted by Abang Mad > 2020-05-29 12:38 | Report Abuse

Good show will start after lunch today

Posted by ch0805 > 2020-05-29 12:43 | Report Abuse

Will the QR be good this time ? Any idea ?

Posted by KLBullTrader > 2020-05-29 12:47 | Report Abuse

after lunch all the way up.

Posted by lolipop9994 > 2020-05-29 12:57 | Report Abuse

万事俱备只欠东风

Posted by Hahaqwe > 2020-05-29 13:10 | Report Abuse

Afternoon got show! Hehehe lets see!

Posted by clon12 > 2020-05-29 13:20 | Report Abuse

东风快点来啊

Posted by Joyvestt > 2020-05-29 13:34 | Report Abuse

cash out before it is too late

Posted by makelittlemoney > 2020-05-29 13:41 | Report Abuse

omg..die

Posted by mf > 2020-05-29 13:43 |

Post removed.Why?

Posted by Iamthewinner > 2020-05-29 13:47 | Report Abuse

this stock never disappointed us