MY E.G. SERVICES BHD
KLSE (MYR): MYEG (0138)
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Last Price
0.91
Today's Change
+0.10 (12.35%)
Day's Change
0.805 - 0.925
Trading Volume
393,504,000
Profile
MY E.G. SERVICES BHD
Exchange: Bursa Malaysia Bursa Malaysia
Country Code: MY MY
Currency: MYR MYR
Sector: TECHNOLOGY TECHNOLOGY
Subsector: DIGITAL SERVICES DIGITAL SERVICES
Index Group: TECHNOLOGY TECHNOLOGY
Category: ORDINARY SHARE ORDINARY SHARE
Syariah Flag: Yes Yes
Short Sell Flag: Yes Yes
IDSS Flag: Yes Yes
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.
Address
No. 8, Jalan Damansara Level 43A, MYEG Tower, Petaling Jaya, Selangor 47820, Malaysia
+60376648000
Discussions
64 people like this. Showing 50 of 65,827 comments
Please do your research no day no night 2 off days to reveal the power of myeg new project to justify target price $1 or $2
3 hours ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Fiscal year is January-December. All values MYR Millions. 2023 2022 2021 2020 2019
CASH AND EQUIVALENT 84 76 89 235 76
ST DEBT & CURRENT PORTION OF LT DEBT 145 158 68 48 49
LT DEBT 737 325 98 123 137
TOTAL DEBT 882 483 166 171 186
NET CASH (DEBT) -798 -407 -77 64 -110
Rapid growth comes with some risk. Debts increased.
3 hours ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Fiscal year is January-December. All values MYR Millions. 2023 2022 2021 2020 2019
CASH AND EQUIVALENT 84 76 89 235 76
ST DEBT & CURRENT PORTION OF LT DEBT 145 158 68 48 49
LT DEBT 737 325 98 123 137
TOTAL DEBT 882 483 166 171 186
NET CASH (DEBT) -798 -407 -77 64 -110
Rapid growth comes with some risk. Debts increased.
3 hours ago
Rapid growth come with debt is ok... Because need to fund for the capax..
Debt will payoff after earning turn into account..
Now is the most beautiful project launching phase with huge profit turn in time
3 hours ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
However, with its high earnings of 487m and generating NOCF of 504m, its net DEBT of 798m is not a problem. It can easily be paid off over 2 years should it stop its capex!
3 hours ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
Company Profile
Sector: TECHNOLOGY
Subsector: DIGITAL SERVICES
Description:
MY E.G.Services Bhd, or MYEG, provides electronic government solutions and services in Malaysia. The company is primarily engaged in the development and implementation of the Electronic Government Services project, the provision of other related services, and investment holding. Electronic Government Services include the testing, issuance, and renewal of drivers' licenses, renewal of vehicle road tax, vehicle ownership transfer, the renewal of foreign workers permits, bankruptcy status searches, and payment systems. The company also provides commercial offerings, such as insurance, credit and debit payment solutions, tracking systems, and telecommunications services.
Fiscal year is January-December. All values MYR Millions. 2023
Total Current Assets 1,157
Net Property, Plant & Equipment 368
Intangible Assets 1,226
This company leverages on digital technology. Thus, it is fixed asset light.
3 hours ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
2 minute summary for my kids:
A digital technology company. Has been innovative and growing its revenues and earnings. Its earnings are healthy, generating a lot of cash. Due to high capex for growth, its free cash flow is slightly negative most years.
Risks: political risks (many political approved contracts), new projects not playing out as planned.
3 hours ago
Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$â¬Â£Â¥
However, with its high earnings of 487m and generating NOCF of 504m, its net DEBT of 798m is not a problem. It can easily be paid off over 2 years should it stop its capex!
28 minutes ago
YES SIR!!
3 hours ago
Volume 30000000000000000000000000000000000000000 coming.......................
2 hours ago
HUAAAAAAAAAAT AAAAAAAAARRRRRRRRRRRRRRRRR...................................
CHeers, guys
2 hours ago
James_Bond
Sold 100,000 shares at 0.915!
3 minutes ago
James_Bond
Leaving another 400,000 myeg shares…
2 minutes ago
THE PRICE HITS $1 TODAY..
YOUR LOTS WILL NEVER SOLD OUT..
THE PRICE FALL TO 85C...
YOU WILL SURY SOLD EVERYTHING AT 92C NOW..
I WAIT FOR YOUR NEXT COMMENTS BRO JAMES
2 hours ago
250mils shares at 90c = $225mils ringgits
You, me, Foreign Funds house, local fund house...
Please nominate your choice of who the hell has great power of $225mils to sapu the shares in whole morning?
2 hours ago
https://youtu.be/0NYbhC6kHSM?si=mBk9untUBDZNnV-N i buy MYEG stock after i watched this video, nice profit today!
2 hours ago
Volume 30000000000000000000000000000000000000000 coming.......................
1 hour ago
more power and steam..................siapa belum show hand????????????? mari mari mari..............buy ticket to when the 4 o'clock show today
1 hour ago
@paktua73 Already past 4pm?...tut tut
if today can break rm0.93..
then rm0.98 is next destination..
if fqil break rm0.93..
will be back rm0.85
tut tut
let see how
39 minutes ago
I suppose volume touching 400mils at 430pm in view of overwhelming and trusted in myeg
38 minutes ago
Big Big Big funds panic buy like no tomorrow..
Like buying vege in pasar malam..
36 minutes ago
Lucky, my ah long money come in time in the afternoons...
Sialang Jo..
May God bless myeg and me:)
7 minutes ago
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