MY E.G. SERVICES BHD
KLSE (MYR): MYEG (0138)
You're accessing 15 mins delay data. Turn on live stream now to enjoy real-time data!
Last Price
0.895
Today's Change
+0.015 (1.70%)
Day's Change
0.87 - 0.915
Trading Volume
37,799,100
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
58 people like this. Showing 50 of 57,687 comments
[转贴] [Video:浅谈MY E.G. SERVICES BERHAD, MYEG, 0138] - James的股票投资James Share Investing
https://klse.i3investor.com/web/blog/detail/general/2022-06-19-story-h...
1 week ago
Seems like the downturn of crypto market affects its NFT Pangolin business...
1 week ago
GST is sort of confirmed implementation by Malaysia government... go go go MYEG!
1 week ago
HLIB Retail Research – 22 June 2022
MYEG: An excellent e-government and reopening proxy
E-service provider. Listed in 2005, MYEG is Malaysia’s leading digital services company, providing a wide range of government (concession) and commercial services. These services include facilitating online payments for government services such as the renewal of vehicle road tax, foreign worker permits, and digital health travel pass system. Over the years, MYEG has been entrusted by the Malaysian government to provide vital services for JPJ, JIM, KKM, and more. Beyond Malaysia, MYEG has expanded its footprint into the Philippines, Indonesia, and Bangladesh markets. Still growing strong.
Although the contribution from MYEG's healthcare segment is expected to taper off following the gradual removal of Covid-19 SOPs (no quarantine or testing needed for fully vaccinated tourists), we believe this will be cushioned by MYEG's immigration segment as well as the road transport segments, which are deemed to be a prime beneficiary of border reopening. In particular, MYEG Immigration segment's matching and permit renewal services will likely to get a strong boost following the return of foreign workers amid acute labour shortages across most sectors. This is reflected by the group's strong 50k backlog orders for its foreign workers' matching services (vs. 24k headcount per year during pre-pandemic).
Also, with the commencement of the proof of concept (POC) for the automated driving test and training system, the official rollout of JPJ's e-testing system is expected to deliver ~RM50-60m earnings p.a. to MYEG. On the other hand, Zetrix's Blockchain-chain cross-border trade service platform that is slated to launch by July will allow MYEG to monetize Zetrix by charging gas fees on transactions, tracking fees on the supply chain traceability, as well as transaction fees on cross-border trades.
Grossly oversold. After plunging -20% YTD, MYEG is currently trading at an undemanding 16.7x FY23 P/E (33.2% lower than its pre-pandemic 5-year average of 25x). Technically, the hammer pattern formation on 17th June coupled with the oversold RSI indicate a potential rebound going forward. A successful breakout above RM0.90 will spur the prices toward RM0.92-0.96-1.00.
1 week ago
Buy MYEG now, to claim back your loss in other counters! TP 0.90-0.92-0.96-1.00.
1 week ago
Heard MYEG declaring good dividends coming month to reward beloved shareholders! Cheers!
1 week ago
Dear shorties, the more you short, the higher your losses, follow the uptrend signal, buy to claim back your losses.
1 week ago
Last portion of fund to top up MYEG at 0.86! Don't let me down, MYEG! Fly high above 0.90!
1 week ago
Nice dividend announcement. Think will use them to average if it drops below 80 cents
1 week ago
Post a Comment
Featured Posts
1
I3investor
2
MQ Trader Announcement!
Apps
Top Articles
1
Stock Pick Contest Year 2022
2
My Market Observations
3
5
Genetec - A baby step
For knowledge sharing - Tesla 4680 Teardown // Cell Disassembly // 4 hours in 1 hour
6
THE INVESTMENT APPROACH OF CALVIN TAN
7
8
Good Articles to Share
Hot Stocks Today
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Stock Name
Last
Change
Volume
Featured Advertisers / Partners
Ride The Bull Short The Bear
CS Tan
4.9 / 5.0
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
apple168
Post removed.Why?
2 weeks ago