MY E.G. SERVICES BHD
KLSE (MYR): MYEG (0138)
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Last Price
0.78
Today's Change
0.00 (0.00%)
Day's Change
0.77 - 0.78
Trading Volume
8,064,700
Overview
Market Cap
5,833 Million
NOSH
7,478 Million
Avg Volume (4 weeks)
32,318,700
4 Weeks Range
0.725 - 0.835
4 Weeks Price Volatility (%)
50.00%
52 Weeks Range
0.57 - 0.965
52 Weeks Price Volatility (%)
53.16%
Previous Close
0.78
Open
0.78
Bid
0.775 x 3,214,000
Ask
0.78 x 733,900
Day's Range
0.77 - 0.78
Trading Volume
8,064,700
Financial Highlight
Latest Quarter | Ann. Date
31-Dec-2022 [#4] | 27-Feb-2023
Next QR | Est. Ann. Date
31-Mar-2023 | 30-May-2023
T4Q P/E | EY
14.63 | 6.84%
T4Q DY | Payout %
1.88% | 27.58%
T4Q NAPS | P/NAPS
0.26 | 2.96
T4Q NP Margin | ROE
61.49% | 20.23%
News and Blogs
Company Profile
Sector: TECHNOLOGY
Sector: TECHNOLOGY
Subsector: DIGITAL SERVICES
Subsector: DIGITAL SERVICES
Description:
MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is primarily engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. The company also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services.
Discussions
61 people like this. Showing 50 of 63,559 comments
ha....ha...jaycee89...why you spending so much time here...better go to glove forum
5 days ago
Caring? Hoping for a stock to crash is caring. Didn't know that. Your parents taught you well.
4 days ago
Reference is made to the Company's earlier announcements dated 29 January 2021, 2 February 2021, 2 June 2021 and 26 May 2022 in relation to the Letter of Award dated 29 January 2021 issued by KDN awarding the tender to IITS, the Supplemental Letter of Award dated 11 May 2021 and the NIISe Contract dated 25 May 2022 with regards to the NIISe Project.
Unless otherwise defined, the terms used herein shall have the same meaning as defined in the earlier announcements.
The Board wishes to inform that IITS has on 23 May 2023 received a letter from KDN dated 22 May 2023 wherein KDN has agreed to extend the duration of the NIISe Contract for a period of twelve (12) months commencing from 1 September 2025 to 31 August 2026 (“Extension of NIISe Contract Period”).
Following the Extension of NIISe Contract Period, IITS is required to extend the validity period in respect of the performance bond for a period of twelve (12) months until 31 August 2027.
The abovementioned changes in relation to the Extension of NIISe Contract Period, validity period of the performance bond and the relevant schedules in the NIISe Contract to reflect the Extension of the NIISe Contract Period will be made via a supplemental agreement to the NIISe Contract. Save as aforementioned, all other salient terms of NIISe Contract remain unchanged.
Further announcement on the supplemental agreement to the NIISe Contract will be made in due course.
This announcement is dated 24 May 2023.
IRIS struggling to complete the project. Project target completion 31st august 2026...
4 days ago
Posted by GoldenBull66 > 1 hour ago | Report Abuse
Reference is made to the Company's earlier announcements dated 29 January 2021, 2 February 2021, 2 June 2021 and 26 May 2022 in relation to the Letter of Award dated 29 January 2021 issued by KDN awarding the tender to IITS, the Supplemental Letter of Award dated 11 May 2021 and the NIISe Contract dated 25 May 2022 with regards to the NIISe Project.
Unless otherwise defined, the terms used herein shall have the same meaning as defined in the earlier announcements.
The Board wishes to inform that IITS has on 23 May 2023 received a letter from KDN dated 22 May 2023 wherein KDN has agreed to extend the duration of the NIISe Contract for a period of twelve (12) months commencing from 1 September 2025 to 31 August 2026 (“Extension of NIISe Contract Period”).
Following the Extension of NIISe Contract Period, IITS is required to extend the validity period in respect of the performance bond for a period of twelve (12) months until 31 August 2027.
The abovementioned changes in relation to the Extension of NIISe Contract Period, validity period of the performance bond and the relevant schedules in the NIISe Contract to reflect the Extension of the NIISe Contract Period will be made via a supplemental agreement to the NIISe Contract. Save as aforementioned, all other salient terms of NIISe Contract remain unchanged.
Further announcement on the supplemental agreement to the NIISe Contract will be made in due course.
This announcement is dated 24 May 2023.
IRIS struggling to complete the project. Project target completion 31st august 2026...
Brother May i Know where do u get this information from ?
4 days ago
It's in the news. The edge Malaysia. Or you can check iris corp Bursa announcement
4 days ago
NIISe not ready yet, not until Aug 2026.
Means MYEG Foreign worker permit renewal should continue until that date maybe
4 days ago
@meisarel. Yup correct. The open contract with immigration will continue as long as niise not ready. And Iris will face more cash flow issue with payment on this project would be delayed too.
4 days ago
Noted @GoldenBull66. Means earnings visibility from this segment remain intact until 2026.
Coupled with growth in Philippines and new frontier in Blockchain!!
4 days ago
@bingoman. Learn to read ady? Still can't see your 30m shares sold by boss..yet here talk nonsense? Too late sell ady? Share closed @ 0.765? 0.765 = no value? Never study is it? Atleast i'm sharing real info. Not like you 30m shares sold by big boss. Run. Going collapsed! While in your mind, you just hope it fall so that you can grab at low price. Same as Jaycee89.
3 days ago
@Jaycee89. Believed you go Holland? Anyone who sold everything and follow buy Harta, would incurred even bigger losses. For you, probably just laughing behind because someone bought your harta shares at high price.
3 days ago
Don't worry. I'm holding. Will surely buy more if price fall further. Go ahead with your gloves or what so ever..don't need to cause panic here while waiting opportunity to grab. Don't need to stoop so low.
3 days ago
New daily low again today but suddenly kept buying n look like new buying interest or left hand throw to right hand n wayang?
3 days ago
I want to learn how to cut win and not cut loss. Begin with the end in mind. Stephen Covey. Haha
3 days ago
https://theedgemalaysia.com/node/668537?fbclid=IwAR33EwQZqu7Tqou2q9aWSlnywH0G7iSbnFhADx--sokBe905vkK4WDCMsbs
Home minister: Replacing Iris Corp in NIISe project still on the cards
PUTRAJAYA (May 25): Minister of Home Affairs (KDN) Datuk Seri Saifuddin Nasution Ismail does not rule out the possibility of replacing Iris Corp Bhd as the contractor of the National Integrated Immigration System (NIISe), if the identity products and solutions provider is unable to implement the project.
In a written reply on Wednesday (May 24) to a question posed by Kota Melaka Member of Parliament Khoo Poay Tiong on the implementation status of NIISe, Saifuddin said the project is currently in the requirement and design study phase, and is expected to be operational in August 2025.
*
*
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In a bourse filing on Wednesday, Iris announced KDN had extended its wholly-owned subsidiary Iris Information Technology Systems Sdn Bhd’s (IITS) contract to provide NIISe by 12 months from Sept 1, 2025, to Aug 31, 2026.
2 days ago
Alamak…… people still think Iris can finish the project…… Iris is selling the company with the project lah…..they want to take the money and run lah…… wake up …. Hello
2 days ago
The extend the validity of the project is questionable in the 1st place. 10% completed in 2 years with 80% of it sold to a third party. So the government is dealing with the third party or Iris? If third party, who is not part e-government vendor, then wouldn't that void the contract?
2 days ago
I wouldn't say it will up and down base on today performance. Got to see next week with QR due. Hopefully with Datasonic reported great QR, myeg would follow with the influx of foreign workers since reopening. Short-term factors already all in except QR only. And blockchain income will only reflect in next QR atleast.
2 days ago
Great info all. Thanks. My MYEG is anyway 4X larger and stronger than Datasonic. Hopefully this will have the multiplying effects on the earnings for My MYEG. Banquets ready in next week. Cheers
2 days ago
Market should be continue rally on Monday.
https://theedgemalaysia.com/node/668845
1 day ago
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GoldenBull66
Ya thrash stock. Yet you spending so much time here? Yeah ppl believe you in harta shares. Where is the 100% gain? Why? Couldn't get enough people to support your gloves?
5 days ago