MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.915

Today's Change

+0.03 (3.39%)

Day's Change

0.905 - 0.94

Trading Volume

78,787,700


67 people like this.

66,662 comment(s). Last comment by hng33 1 day ago

Posted by dragon12345 > 2020-06-05 11:04 | Report Abuse

Ok lets see whether they dispose more today

Posted by dragon12345 > 2020-06-05 11:06 | Report Abuse

Hopefully epf and kwap push down the price to 1.20 so that we can collect at cheaper price

Posted by kobethebeagle > 2020-06-05 11:13 | Report Abuse

Strong support is at 1.250, it won't go to 1.20 unless something big happen.

ikenduit

581 posts

Posted by ikenduit > 2020-06-05 11:16 | Report Abuse

Why worry about 2-3 cents diff. Its an opportunity to buy more before it rebound

Witty

460 posts

Posted by Witty > 2020-06-05 11:17 | Report Abuse

u guys know when is the qr release? took them so long.

Posted by dawson_lim > 2020-06-05 11:19 | Report Abuse

WORST QR + NO GOV PROJECT. THROW NOW!!!!!!!!!!!!!!!!!!!

Hope123

144 posts

Posted by Hope123 > 2020-06-05 11:21 | Report Abuse

Best QR announce soon.

Posted by dawson_lim > 2020-06-05 11:21 | Report Abuse

MYEG IS NOT GOV FRIENDLY ANYMORE!!!

Value888

623 posts

Posted by Value888 > 2020-06-05 11:22 | Report Abuse

ok dawson, RM1.80.

Posted by dawson_lim > 2020-06-05 11:23 | Report Abuse

NO! DROP BACK UNTIL 0.80!

Hope123

144 posts

Posted by Hope123 > 2020-06-05 11:25 | Report Abuse

Huat ah. Hihi.

Hope123

144 posts

Posted by Hope123 > 2020-06-05 11:30 | Report Abuse

Myeg can give better offer to government since they already have the equipment, facilities and delivery network. and stronger technical background.

ocpd

762 posts

Posted by ocpd > 2020-06-05 11:32 | Report Abuse

Don’t waiste time waiting for myeg durian to fall, go buy mahsing where durian is falling now.

Riaz54

157 posts

Posted by Riaz54 > 2020-06-05 11:43 | Report Abuse

HOPE123 THAT IS DEFINETLY HOPE!

Posted by dragon12345 > 2020-06-05 11:43 | Report Abuse

MyEG strong support at 1.25

jibbie

762 posts

Posted by jibbie > 2020-06-05 11:43 | Report Abuse

Buy on weakness

Posted by dawson_lim > 2020-06-05 11:44 | Report Abuse

millions of shares r queuing to dispose!

Riaz54

157 posts

Posted by Riaz54 > 2020-06-05 11:45 | Report Abuse

THERE IS NO SOUND INVESTMENT RATIONALE FOR THIS STOCK WHERE FEW INDIVIDUALS HOLD LOT OF SHARES....OPEN TO MANIPULATION. I ALSO THINK THES E SAME OWNERS / SYNDICATES ARE INVESTING IN RUBBER STOCKS THEREFORE THEY NEED CAPITAL. MY PENNIES WORTH

clon12

68 posts

Posted by clon12 > 2020-06-05 11:45 | Report Abuse

Be fearful when others are greedy, and be greedy when others are fearful.

UseBrainS

23 posts

Posted by UseBrainS > 2020-06-05 12:10 | Report Abuse

Will our PM mentioned about GST later?

Hope123

144 posts

Posted by Hope123 > 2020-06-05 12:14 | Report Abuse

Slowly accumulated 20 lots now.

Posted by jasonlingwj > 2020-06-05 13:43 | Report Abuse

u guys still got confidence in this counter?

Riaz1954

1,296 posts

Posted by Riaz1954 > 2020-06-05 13:56 | Report Abuse

Keep buying on weakness suggests capital is not scare! Alternatives forgone! It will come good one day but when? It’s revenue stream has not changed yet its peak was 3 years ago? Does not make sense other than obvious.

Posted by EmperorFund > 2020-06-05 13:58 | Report Abuse

As hopeless as betting on covid vaccine to turn up tomorrow...

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 14:23 | Report Abuse

institutional funds are dumping myeg after contract tak renew oleh pn bukan?

Thursday, 4 Jun 2020

5:31PM MYEG EMPLOYEES PROVIDENT FUND BOARD (857,200 units Disposed)


Wednesday, 3 Jun 2020

6:40PM MYEG OTHERS

5:17PM MYEG KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (1,771,400 units Disposed)

5:14PM MYEG EMPLOYEES PROVIDENT FUND BOARD (6,109,600 units Disposed)

5:14PM MYEG KUMPULAN WANG PERSARAAN (DIPERBADANKAN) (534,000 units Transacted)

Victor Yong

8,271 posts

Posted by Victor Yong > 2020-06-05 14:24 | Report Abuse

jangan kena pisau yang sedang jatuh :)

momo33

148 posts

Posted by momo33 > 2020-06-05 14:25 | Report Abuse

yes i think so too. risk of loss contract .

Posted by justinteoyc > 2020-06-05 14:28 | Report Abuse

Despite EPF + KWAP disposing several million of shares. They both hold at least 5% each stake in the company. Portfolio adjustment is always normal especially when there's uncertainty in the bidding of contract.

Speculation -
MyEG has been pretty aggressive in expanding their business, such as partnership with CIMB to venture into fintech in PH. They are scaling up their business into medical services as well, as we can see all healthcare related counters are being pumped by new entrants. So think about where all those hot money will flow -especially if- the company is able to bag the gov contract.


As mentioned of the expansion of their business, it only means they do not rely only in Malaysia as their revenue streams are pretty significant in other countries. I'm not sh*tting on DSONIC but if we were to compare with numbers, MyEG has 5 times the net profit in the last quarter compared to DSONIC. Current assets of 402mil vs 228mil, and have to emphasize that cash amount is 144mil vs 27mil.

In the short run - RSI rebounding (positive), bullish reversal chart pattern (positive), but MA going down against BB (negative). In the long run, MACD reversal already passed (positive). Have to mention once again, the volume has been pretty low due to people selling their position to join the other hyped counters as well as because of the gov contract uncertainty. So once again to relate, where will all the money flow next as eventually people has to TP their counters in healthcare sectors.

I just feel I have to post this because so many new accounts (ironic I'm new here in i3 as well) is spreading fears without much facts claiming big shareholders will manipulate share prices etc. Then again if company owner doesn't own much shares they'll say otherwise saying "even owner don't have faith in the company". So can't be too bothered with all these clowns. New investors, please always remember that all comments doesn't serve as tips for you or have enough weight to sway your investing decisions. You are responsible for your own investments and decisions.

Anyway good-luck everyone, this comment is brought to you by a peanut nobody investor :)

Posted by dawson_lim > 2020-06-05 14:35 | Report Abuse

HEAVY SALES, RUN!!!

Posted by smarturban > 2020-06-05 14:40 | Report Abuse

might kena goreng after 3pm.

Value888

623 posts

Posted by Value888 > 2020-06-05 14:42 | Report Abuse

EPF & KWAP are substantial shareholders, look at the total shares that they are holding. Cornerstone investors for MyEg.

Posted by dawson_lim > 2020-06-05 14:52 | Report Abuse

keep dumping!!!!

Witty

460 posts

Posted by Witty > 2020-06-05 14:53 | Report Abuse

Discount coming

Posted by dawson_lim > 2020-06-05 14:54 | Report Abuse

FALLING KNIFE!!!

silverwave

402 posts

Posted by silverwave > 2020-06-05 14:56 | Report Abuse

1.22 now, crazy!

Posted by rainiscoming > 2020-06-05 14:56 | Report Abuse

WOW RUNNNNNNNNNNN

Grace Loh

64 posts

Posted by Grace Loh > 2020-06-05 14:56 | Report Abuse

walao...........

Posted by newcomer1388 > 2020-06-05 14:56 | Report Abuse

1.20. Wtf

Posted by dawson_lim > 2020-06-05 14:56 | Report Abuse

SHITTING!

Posted by longlifeman > 2020-06-05 14:57 | Report Abuse

something wrong!!!!??????why???

FlyAway

218 posts

Posted by FlyAway > 2020-06-05 14:57 | Report Abuse

hahaha.. it's time to buy more

Louise4

389 posts

Posted by Louise4 > 2020-06-05 14:58 | Report Abuse

Wow managed to get some. Thanks for those who sell to me.

silverwave

402 posts

Posted by silverwave > 2020-06-05 14:59 | Report Abuse

need to see the QR, looks like all the + news is not helping to push the share up

Posted by investorwannabe > 2020-06-05 14:59 | Report Abuse

Wow... Here comes the fun!

Posted by newcomer1388 > 2020-06-05 15:00 | Report Abuse

Emperorfund hahahahaha pissoff dude

Posted by EmperorFund > 2020-06-05 15:01 | Report Abuse

Insider throwing stock....spmething bad i reckon..better run

Value888

623 posts

Posted by Value888 > 2020-06-05 15:02 | Report Abuse

Big funds happily accumulate.

Value888

623 posts

Posted by Value888 > 2020-06-05 15:03 | Report Abuse

TP1.40 today.

Witty

460 posts

Posted by Witty > 2020-06-05 15:03 | Report Abuse

collect some

misk_72

152 posts

Posted by misk_72 > 2020-06-05 15:04 | Report Abuse

buy today and sell next week when reaching target price with profit because direct impact with COVID 19 pandemic especially for foreign worker health test

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