MY E.G. SERVICES BHD

KLSE (MYR): MYEG (0138)

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Last Price

0.875

Today's Change

-0.01 (1.13%)

Day's Change

0.865 - 0.89

Trading Volume

20,045,500

Financial
Market Cap

Market Cap

6,676 Million

NOSH

7,630 Million

Latest Quarter

Latest Quarter

30-Jun-2024 [#2]

Announcement Date

20-Aug-2024

Next Quarter

30-Sep-2024

Est. Ann. Date

20-Nov-2024

Est. Ann. Due Date

29-Nov-2024

QoQ | YoY

6.15% | 48.29%

T4Q Result

Revenue | NP to SH

891,419.000 | 591,414.000

RPS | P/RPS

11.68 Cent | 7.49

EPS | P/E | EY

7.75 Cent | 11.29 | 8.86%

DPS | DY | Payout %

1.91 Cent | 2.18% | 24.62%

NAPS | P/NAPS

0.33 | 2.64

QoQ | YoY

10.02% | 33.52%

NP Margin | ROE

66.36% | 23.39%

F.Y. | Ann. Date

30-Jun-2024 | 20-Aug-2024

Latest Audited Result

Latest Audited Result

31-Dec-2023

Announcement Date

30-Apr-2024

Next Audited Result

31-Dec-2024

Est. Ann. Date

30-Apr-2025

Est. Ann. Due Date

29-Jun-2025

Annual (Unaudited)

Revenue | NP to SH

774,276.000 | 487,652.000

RPS | P/RPS

10.15 Cent | 8.62

EPS | P/E | EY

6.39 Cent | 13.69 | 7.30%

DPS | DY | Payout %

1.91 Cent | 2.18% | 29.92%

NAPS | P/NAPS

0.29 | 2.98

YoY

22.31%

NP Margin | ROE

62.88% | 21.74%

F.Y. | Ann. Date

31-Dec-2023 | 28-Feb-2024

Annualized Result

Revenue | NP to SH

950,484.000 | 642,748.000

RPS | P/RPS

12.46 Cent | 7.02

EPS | P/E | EY

8.42 Cent | 10.39 | 9.63%

DPS | DY | Payout %

-

NAPS | P/NAPS

-

QoQ | YoY

3.11% | 47.76%

NP Margin | ROE

67.66% | 25.43%

F.Y. | Ann. Date

30-Jun-2024 | 20-Aug-2024

Business Process

Trailing 4 Quarters Trailing 8 Quarters
Available Quarters 4 Quarters 8 Quarters
Continuous Quarters Of Revenue Growth 4 / 4 100.00% 8 / 8 100.00%
Total Positive Profit Years 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Positive Profit 4 / 4 100.00% 8 / 8 100.00%
Continuous Quarters Of Profit Growth 4 / 4 100.00% 6 / 8 75.00%
Continuous Quarters Of Adjusted EPS Growth 4 / 4 100.00% 6 / 8 75.00%
Total Dividend Years 2 / 4 50.00% 4 / 8 50.00%
Continuous Quarters Of Dividend 1 / 4 25.00% 1 / 8 12.50%
Continuous Quarters Of Dividend Growth 0 / 4 0.00% 0 / 8 0.00%
Continuous Quarters Of Adjusted Dps Growth 1 / 4 25.00% 1 / 8 12.50%
Average ROE 6.38% 6.02%
Average Net Profit Margin 66.17% 65.57%

Last 5 Financial Years Last 10 Financial Years
Available Years 5 Years 10 Years
Continuous Quarters Of Revenue Growth 1 / 5 20.00% 1 / 10 10.00%
Total Positive Profit Years 5 / 5 100.00% 8 / 10 80.00%
Continuous Quarters Of Positive Profit 5 / 5 100.00% 5 / 10 50.00%
Continuous Quarters Of Profit Growth 3 / 5 60.00% 3 / 10 30.00%
Continuous Quarters Of Adjusted EPS Growth 3 / 5 60.00% 3 / 10 30.00%
Total Dividend Years 5 / 5 100.00% 8 / 10 80.00%
Continuous Quarters Of Dividend 5 / 5 100.00% 5 / 10 50.00%
Continuous Quarters Of Dividend Growth 3 / 5 60.00% 3 / 10 30.00%
Continuous Quarters Of Adjusted Dps Growth 3 / 5 60.00% 3 / 10 30.00%
Average ROE 26.18% 24.40%
Average Net Profit Margin 53.82% 39.59%
Key Result

T4Q Annualized Annual (Unaudited) Last 10 FY Average Last 5 FY Average
Revenue 891,419 950,484 774,276 449,576 655,573
NP to SH 591,414 642,748 487,652 224,851 355,022
Dividend 145,634 37,297 145,882 68,680 103,023
Adjusted EPS 7.75 8.42 6.39 2.99 4.73
Adjusted DPS 1.91 0.49 1.91 0.91 1.36

NP to SH = Net Profit Attributable to Shareholder, EPS = Earning Per Share, DPS = Dividend Per Share

All figures in '000 unless specified.

EPS & DPS's figures in Cent.

Growth

LQ QoQ LQ YoY CQ YoY LQ vs Average of T4Q LQ vs Average of T8Q
Revenue 4.00% 31.05% 32.71% 8.72% 22.90%
NP to Owner 6.15% 48.29% 47.76% 11.88% 27.94%
Dividend 0.00% -0.24% -0.24% -48.78% -41.48%
Adjusted EPS 6.15% 48.29% 47.76% 11.69% 27.82%
Adjusted DPS 0.00% -0.24% -0.24% -48.78% -41.48%

LQ = Latest Quarter, CQ = Cumulative Quarter, T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, QoQ = Quarter on Quarter, YoY = Year on Year

T4Q vs LFY T4Q vs AL5FY T4Q vs AL10FY AQR vs LFY AQR vs AL5FY AQR vs AL10FY LFY YoY LFY vs AL5FY LFY vs AL10FY
Revenue 15.13% 35.98% 98.28% 22.76% 44.99% 111.42% 18.90% 18.11% 72.22%
NP to Owner 21.28% 66.59% 163.02% 31.80% 81.04% 185.85% 22.31% 37.36% 116.88%
Dividend -0.17% 41.36% 112.05% -74.43% -63.80% -45.69% 32.69% 41.60% 112.41%
Adjusted EPS 18.55% 65.54% 161.72% 28.84% 79.91% 184.44% 25.12% 39.64% 120.77%
Adjusted DPS -0.17% 41.36% 112.05% -74.43% -63.80% -45.69% 32.69% 41.60% 112.41%

T4Q = Trailing 4 Quarters, T8Q = Trailing 8 Quarters, AL5FY = Average of Last 5 Financial Years, AL10FY = Average of Last 10 Financial Years, LFY = Latest Financial Year AQR = Annualized Quarter Result, YoY = Year on Year

Discussions
68 people like this. Showing 50 of 66,973 comments

ArsenalBoyz

What is wrong with MYEG?

1 week ago

1pingpong

0.85 is the bottom it seems.

1 week ago

whitesamurai

Bottom? Just now 0.825… how you define it? The operator no intention to do even got good news…

1 week ago

moneySIFU

This stock gives indeed trading opportunities if you observe carefully and trust it is solid based company, very interesting

1 week ago

1pingpong

huhuhhuhu...nice myeg move. flush out bilis. then bulk enter..

1 week ago

1pingpong

this morning stunt is showing bilis jumping off window from high tower and whale entering the same tower from ground floor.

1 week ago

Tedinvestor

I place order at 84 this morning. Thought that rhe price is lowest instead keep dropping to 8.25

1 week ago

azfarInvest

there were cross trade at 0.84

1 week ago

whitesamurai

@moneysifu you mean everyday short it? Noticed that if everyday short can make coffee money more than keep buy & hold it…hahaha

1 week ago

whitesamurai

@1pingpong, yaya…bilis like me already quit n stand outside watch it at early before that…that’s why i said don’t buy…

1 week ago

1pingpong

when you see crosstrade....then its easy to predict next move adi.

1 week ago

ArsenalBoyz

The crosstrade was how many shares?

1 week ago

1pingpong

1200000 units

1 week ago

1pingpong

myeg is a superb company. wil go far above RM1.00. No doubt about this. speaking from experience.

1 week ago

1pingpong

today might be the bottom day. Might

1 week ago

ocbc

Have to thanks the market to make it "cheap" again for retail investors to collect undervalue companies cheaply. Cheers !

1 week ago

ocbc

75 cents kambing !

1 week ago

whitesamurai

@1pingpong, why it keep sell down with huge selling pressure even got good news? Lucky sell off at above 0.95 there…feel wasted time with this stock…seem no worth to buy

1 week ago

whitesamurai

Above 1? Usually after RM 1 will no longer to support and crash down from there…

1 week ago

hwtham

https://theedgemalaysia.com/node/731947
MYEG got investment in this company FashionValet.

1 week ago

whitesamurai

Hehehe…no wonder boss keep selling…hopeless to get up at the short time

1 week ago

moneySIFU

It's only less than 6% stake. Nothing to worry about. Probably it's price paid for something else. Malaysia style.

MyEG Capital Sdn Bhd — a subsidiary of MyEG Services Bhd (KL:MYEG) — with a 5.78% stake.

1 week ago

James_Bond

Wow, my bearish myeg prediction is right again! Let’s short myeg down to gain back your losses! Haha!

1 week ago

azfarInvest

@whitesamurai, i think maybe bos wanna reduce the 2% redundant individual dividen tax. then get back on through his investment company. can avoid the 2% tax. at the same time can drive the price down, then his investment company can collect low before pushing up again.....maybe la..

1 week ago

fair2play

Though i have made lots of money from MYEG for a few rounds by buying lows and selling highs, but i condemn the way the strong hands manipulated the prices by pumping and dumping. All investors must condemn this kind of so looped sided rules. More so, MYEG's zetrix is listed in coinbase exchange for trading. I suggest those insiders do the same in Zetrix trading....

1 week ago

fair2play

...Pump and dump is classic play on few days leading festive holidays, ie Deepavali. These strong insiders squeeze for shares at possible prices before they ramp MYEG price up to 95 sen from around 80 sen before MYEG announces 3rd quarter results ( in next 1 to 2 weeks likely ) which will be another records, 50% chance PAT 170 mil to 180 mil; 50% chance around 190 mil to 200 mil, based on the hundreds of millions made from newly issued and sold Zetrix tokens in Aug, Sept and Oct 2024 at around USD15 per token.

1 week ago

fair2play

....MYEG provides blockchain technology. Blockchain exists to prevent manipulation and to promote transparency. But, ironically, MYEG shares are the most manipulated stocks under broad day light. I suggest those insiders go do the same in Zetrix trading. I will see if USA SEC will come after them or not.

1 week ago

whitesamurai

Zetrix trading? Why USA sec will involve in such trading?

1 week ago

Invest23

fair2play, how do you know about the private sale of a million tokens in Q3? As the Zetrix whitepaper announcement states, the huge volume of digital assets (Tokens) has been released from the core team and community incentives, not from private sales. Don't tell me that just the circulating supply of September minus the supply of June.

Can you share we me how you know that the million sales of tokens in Q3? Thank you.

1 week ago

2Invest

https://vulcanpost.com/874962/khazanah-pnb-lost-rm43il-fire-sale-fashionvalet/

MyEG Capital is also a shareholder with 283,246 ordinary shares. MyEG Capital had actually given FashionValet its seed funding of RM1 million in 2012.

It's only merely 1 million invested in FashionValet.

James, please short it down to 80sen & I will collect some. LOL

From 2015 having 68M profit & last 4 quarters total having close to 600M profit. If that's not a good biz I don't know which one is 😂

Anyway just hope that today can hits 80sen & below. To me it worth about RM2. If I can collect below 80sen, chances of having > 100% return is high in near term.

So let's see how Mr Market perform today.

1 week ago

Tenka226

Look forward Mr. Wong to buy back the shares ..

1 week ago

Trader9

can wait for confirmation candle next week.

1 week ago

whitesamurai

2Invest, 80 cents can buy already? Will join you and wait there… lol

1 week ago

Trader9

breaks 86.5sen would be nice

4 days ago

fortunefire

waiting for tp 0.9x

4 days ago

abcb

Hope to reach 1.00 this week

4 days ago

whitesamurai

Hey guys! Can drop below 0.8 first? I only will consider buy it lol

4 days ago

whitesamurai

Going up 1.00?? So funny….even can’t stand above 0.85-0.855 lol

4 days ago

U1818

https://www.klsescreener.com/v2/news/view/1419295/%E5%A4%A7%E5%8D%8E%E7%BB%A7%E6%98%BE-%E5%B8%83%E5%B1%8011%E6%9C%88%E8%B4%A2%E6%8A%A5%E5%AD%A3-10%E9%A6%96%E9%80%89%E8%82%A1%E6%96%99%E8%B6%85%E8%B6%8A%E5%A4%A7%E5%B8%82

大华继显:布局11月财报季 10首选股料超越大市
MyEG第三季表现料创新高

MyEG(MYEG,0138,主板科技股)旗下首层公共区块链平台Zetrix与中国海关推出双向跨境服务,随着海关项目商业化启动并开始产生交易和使用费,预计Zetrix的服务销售将会持续增长。

另外,该公司在政府部门的特许经营也被延长,预计在短期至中期内公司的业务提供支持。

交通局在2023年第一季引入数字路税更新的该公司的影响不大,交易量仅减少5%,而移民局服务的贡献依旧相对稳定。

催化剂包括大马身份证和世界身份证服务。2024财年第三季表现预计创新高。

4 days ago

1pingpong

its always when the least expected...and the durian runtuh happen.

3 days ago

hng33

Zetrix platform set to spur MyEG’s earnings
PETALING JAYA: MyEG Services Bhd’s (MyEG) earnings prospects remain bright going forward, thanks to its Zetrix blockchain platform.

UOB Kay Hian (UOBKH) Research said MyEG’s prospects remain rejuvenated with plenty of emerging catalysts such as earnings growth from Zetrix-related services and involvement in multiple Malaysian e-government projects.

The recent commercial launch of Zetrix cross-border services also provides assurance on stable recurring revenue and healthy cash flows moving forward, the research house added. After investing over RM1bil to develop its Zetrix blockchain, MyEG launched multiple applications on the platform.

This includes the Ztrade blockchain platform in the China customs, certificate of origin authentication services, smart contract verifiable credentials and blockchain-based digital signing and others.

UOBKH Research said some of these government-to-government blockchain applications under the Zetrix platform solidifies the company’s presence within the domestic e-government space, with more adoption across various ministries.

Earlier in October, MyEG commenced its partnership with Heitech Padu Bhd for Malaysian e-government projects.

To note, HeiTech Padu recently secured a National Integrated Immigration System project worth RM892mil. It also secured another two contracts worth around RM324mil from the Road Transport Department this year.

Leveraging on HeiTech Padu’s back-end system expertise, MyEG is able to develop a holistic platform incorporating its front-end solutions for various e-government projects in the future, the research house said.UOBKH Research is maintaining a “buy” call on MyEG with a target price of RM1.42.

For its second quarter ended June 30, 2024, MyEG’s net profit rose to RM165.42mil from RM111.56mil in the previous corresponding period, while revenue grew to RM242.28mil from RM184.88mil a year earlier.

In a filing on its quarterly performance, the company said it expects to continue introducing innovative services by leveraging on new technologies

https://www.thestar.com.my/business/business-news/2024/11/06/zetrix-platform-set-to-spur-myegs-earnings
https://coinmarketcap.com/currencies/zetrix/

3 days ago

U1818

It is totally unexpected that the price of MYEG could stay below RM1 for so long.

2 days ago

hng33

Trump will win

2 days ago

hng33

Trump is cryptocurrency supporter.

2 days ago

hng33

Myeg cryptocurrency, zetrix, is worth multibillion in USD market capitalization

2 days ago

hng33

Trump’s comments at the 2024 Bitcoin Conference in Nashville, where he said, “I pledge to the Bitcoin community that the day I take the oath of office, Joe Biden and Kamala Harris’ anti-crypto crusade will be over,” stating firmly that “it will end. It will be done.”

Trump and republican will end Democrats’ unlawful and unAmerican Crypto crackdown and oppose the creation of a Central Bank Digital Currency. We will defend the right to mine Bitcoin, and ensure every American has the right to self-custody of their Digital Assets, and transact free from Government Surveillance and Control

2 days ago

hng33

Trump claimed that “crypto has got a great future. I think it really does. Maybe we will pay off the $35 trillion national debt in crypto.

2 days ago

AllIsVanity

What I like about MYEG is the share price stays the same regardless of good or bad news.

2 days ago

1pingpong

relax. myeg will go past rm1.00

2 days ago

yongpin1997

Zetrix 17.70, let’s go MYEG!

1 day ago

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