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
0.90
Today's Change
+0.015 (1.69%)
Day's Change
0.88 - 0.905
Trading Volume
39,758,600
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
68 people like this. Showing 50 of 66,988 comments
These are very normal quarter results. There was no huge growth for its Zetrix service, especially since ZTrade launched. Zetrix's revenue went from RM82.765 million in Q2 to RM84 million this quarter.
This quarter PAT has a one-time gain from HTPADU. After being excluded, the PAT in this quarter amounted to RM170.36 Million, compared to RM165.34 Million in Q2.
1 week ago
I agree that the result of Q4 will be stronger, but I don't agree with the number of token sales, because I found that the total of supply tokens is not directly equal to the sale of tokens. If the 200 million in token sales is true, I believe that MYEG's profit will be multi-million in every quarter and not just around a million. Besides, I saw on the circulating supply, whitepaper and the schedule of Zetrix, that they mentioned that the total supply is not just coming from private or public sales.
https://support.coinmarketcap.com/hc/en-us/articles/360043396252-Supply-Circulating-Total-Max-
https://docs.zetrix.com/zetrix-whitepaper/
1 week ago
just hold and ignore all kind of random movement, the counter will rocket one day
1 week ago
That's exactly what I'm waiting for. The day it will rocket to Infinity and Beyond.
1 week ago
Invest23 … where did u get the zetrix revenue figure of 84 million for this quarter ?
1 week ago
why the qr report is so fishy. almost every quarter profit margin is so high and consistently up but cash flow so low have to rely on sukuk lol. I dont know myeg business much. any long term myeg investor come explain.
1 week ago
Ground Control to Major Tom
Ground Control to Major Tom
Take your protein pills and put your helmet on
Ground Control to Major Tom (ten, nine, eight, seven, six)
Commencing countdown, engines on (five, four, three, two)
Check ignition and may God's love be with you (one, lift off)
1 week ago
Tryingtogetrich. You may refer to the quarter report section - A8—segmental Information.
1 week ago
I gibab la. Too many shares in the sucker bilis hands. It's going nowhere. I take 4.5k duit kopi only.
1 week ago
MYEG still got what core business? Our government launching their own apps and sop to reduce the reliance on the third party.
1 week ago
MYEG should have adjusted to RM1, the least, on opening bell, given the super charge Bitcoin and other crypto token or ETF in the world now. But, its climb is half dead. The old and self serving system must change. Reward good results. Punish bad results. That is how USA stock markets work and its people become prosperous and happy. Be open minded when seeing old aunties uncles, unemployed ones can make pocket money from stocks for living
1 week ago
...We just have to be extra patience for next 1 to 2 days more. I will sell off and get out . USA stocks are more interesting and predictable.
1 week ago
三年之後又三年, 三年之後又三年！十年都嚟緊頭啦老細！
Rocket launch failed again, wait for next quarters.
1 week ago
ya, semasa rasa sudah masak, sudah tak sempat, sebab sudah jadi millionaire sibuk kira wang sahaja
1 week ago
US stock futures fall as Trump tariff threat spooks investorsInvesting.com- U.S. stock index futures fell on Monday evening after President-elect Donald Trump threatened to impose higher import tariffs on China, Cana
1 week ago
Myeg cash flow:
Fy2023
Earn: 503m
Spent: 791m (mostly go to development cost + digital asset)
Debt: increase 402m (for dividend + operating)
Fy2022
Earn: 303m
Spent: 522m (mostly go to development cost + digital asset
Debt: increase 301m (for dividend + operating)
One day if bubble burst, how much the intangible things worth? But the debt is real & exists !
白粉的风险，白菜的利润 ～
1 week ago
I have sold off all MYEG at its last 3 day high at 92, 92.5 sen. I bought at 88 sen and held it for 1 month. Is it a good investment. My answer is "NO". When a company announces record breaking profits and is in a sunrise business, its share prices should be adjusted upward instantly with force and conviction. In MYEG case, i expected its to shoot up IMMEDIATELY if not within 3 trading days to RM1. Alas, a hope for a mere 10 sen up is what i call it now "sequeezing blood from the stone" . Why ? The few privileged sitting up there just systematically refuse to let people ( who work hard to do research and risk capital for risk adjusted return ) including old uncles, aunties, pensioners, unemployed, create wealth from making money from MYEG stocks . Massive dumping and scooping of MYEG shares between left hand and right hand, and huge blocks of bids and asks were placed out to frighten away genuine buys . MYEG did not even tough 93 sen......
6 days ago
...If you have bought US stocks lately, you will certainly understand what i mean. Many of Asians are drawing out money and are buying USA stocks, which can shoot up 10% - 30% in single day in predictable patterns...
6 days ago
....So, your money have a value and value is a factor of time. Don't put so much hope on this kind of looped side unfair trading rules have been very obvious in MYEG trading patterns.
6 days ago
In bursa only loss making company can up after QR. Myeg profit so drop. Petchem, Ytlp, Cmsb loss so up
6 days ago
According to this article, MYEG (0138) went from net cash to net debt so it is red flag number one. The business model of MYEG is very similar to Pharma (7081) which is highly dependent on government concession so this is red flag number two. Those retired uncle who missed the bus to Genting Highland please ignore this counter and find something else to play as the road ahead for MYEG will be very bumpy (白粉的风险，白菜的利润).
Are Malaysian companies overleveraged?
PRIOR to the Covid-19 pandemic, which broke out in early 2020, no one would have imagined that Pharmaniaga Bhd could slip into Practice Note 17 (PN17) — the category for financially distressed companies on Bursa Malaysia. The company seemed to be on solid ground with its concession business as the main pharmaceutical vendor to supply products required by the government.
https://theedgemalaysia.com/node/671843
比特币十万不是梦
https://klse.i3investor.com/web/blog/detail/mindfullness/2024-11-25-story-h474815098
6 days ago
MYEG coin is not bitcoin. Investors still don't understand MYEG, myself included.
That is the reason its share price cannot move.
4 days ago
According to the Simple Wall St analysis, the fair value for MYEG is RM2.26. That is almost three times the current price!!
4 days ago
I believe MYEG is just waiting for a sudden jump in foreign fund radar. If you compare companies in Malaysia, not many are investing in future technology applications (Zetrix blockchain platform, ZTrade, ZCert and Digital ID, Web 3.0, crypto). There are not many companies even in Southeast Asia that can provide what MYEG is investing in. I would say MYEG is comparable to a tech company in the US that is investing in future applications (AI, crypto, data analytic).
If MYEG is listed in US, it will be priced more towards its fair value.
4 days ago
Also, the company should be renamed from MYEG【Malaysia E-Government】 to an international one so that the governments of Southeast Asian countries and other countries will be more receptive.
4 days ago
Post a Comment
Featured Posts
Introducing MY's First IPO Fund for Sophisticated Investors!
New Update. Discover investment communities that resonate with your ideas
M & A Value Partners IPO Equity Fund has been launched - Targeted 13% Return p.a
Latest Videos
MQ Trading Signals
Time
Signal
Duration
Type
2024-12-03 16:50:00
EMA 5
5 Mins
BUY
2024-12-03 16:50:00
ADX
5 Mins
BUY
2024-12-03 16:50:00
TURTLE SYSTEM 20
5 Mins
BUY
2024-12-03 16:30:00
MACD/RSI
10 Mins
SELL
2024-12-03 16:10:00
ADX
10 Mins
SELL
Apps
Top Articles
1
2
TA Sector Research
3QCY24 Results Review - First Earnings Upgrade in 10 Quarters
4
save malaysia!
5
6
7
8
save malaysia!
#
Stock
Score
Daily Stocks
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....
icecool
wow excellent QR
1 week ago