MYEG (0138): Company Profile

hi Orlandoweb3Ai..
paktua not good for share any TA indicator projection yer .
but paktua have own formula its call RP formula
below is summary RP aka Rally Pattern

RP=Rally Pattern
RP formula is a method to predic and analze price movement in the market based on historical trading data and cycles..
This formula is used to identify uptrends(RP+) or downtrends(RP-) within specified trading day periods

The RP Methodology is unique approach to identifying price movement pattern in trading focusing on calculating specific Rally point ranges.

this RP formula is used to determine the Price change (Result) base on a given RP range.

RP Methodology
-RP Core Formula
-RP Range/20/100=Result

RP calculation is Simple..
add end Value with 20/100 to get the answer.

cuma advance how paktua set own projection for own exist
tu cannot reveal laa
hehe..

tut tut
sekadar berkongsi jika bermanfaat..
its not 💯 accurate but yes for paktua still win

4 weeks ago

OrlandoWeb3AI

👍

3 weeks ago

OrlandoWeb3AI

Slowly slowly I try to digest

In the meantime will take your indicated TP for reference

3 weeks ago

Wait it to hit RM1 again and that's for sure 😊

3 weeks ago

【FB Page - Friends of MYEG】

Blockchain meets supply chain! 🚛✨

Congratulations on the launch of Halal Toyyiban Logistics, powered by Halal Traceability—a collaboration by MDEC, Intelligence Traceability Sdn Bhd, and Biforst Group.

With Halal Traceability, consumers can now access accurate, untampered product info, ensuring halal integrity from farm to plate - supported by Zetrix.

3 weeks ago

1pingpong

well well well...RM1 is coming...

3 weeks ago

SS13

Good stock to have in portfolio. Growing business in Malaysia, China and Philippines. Zetrix will bring it to next level.

3 weeks ago

morning..
from lower rm0.865 now above rm0.92..
its same pattern repeat back..

base on last lower=rm0.865(T-14 cycle)
RP projection set at rm0.86
RP+ve
RP+80=rm0.90
RP+120=rm0.92
RP+180=rm0.95
RP+240=rm0.98
RP+300=rm1.01
so critical barrier is RP+180..
if break we will see rm1..

tut tut
who want paktua swing RP update
can sent request as below
find paktua at tele @swingdarkred73

3 weeks ago

base on latest Higher=rm0.96(T-14 cycle)
RP projection set at rm0.96
RP+ve
RP-80=rm0.92
RP-120=rm0.90
RP-180=rm0.87
RP-200=rm0.86
RP-240=rm0.84

so critical barrier is RP-120..
if break..
we will see back rm86..

tut tut
who want paktua swing RP update
can sent request as below
find paktua at tele @swingdarkred73

3 weeks ago

💪

3 weeks ago

trader808

1.Can someone who is still in school, green and ignorant with no investment knowledge and experience, knows nothing, does nothing but journey unknowingly into becoming a millionaire via Bursa without lifting a finger.? Let’s examine.

2 If you are like John who is born in a huge family and receives great angpows from generous paternal and maternal grandparents, uncles and aunties, siblings and parents, then it is not highly improbable

3 Assume that John was born in 2000 and in 2006 he was 6 years old and had successfully received Rm13,750 in ang pow money.

4. In that same year MYEG was listed on Bursa and the IPO price was 55 sen and his father had acquired 25,000 shares in MYEG on his behalf,( RM13750 / 0.55)

5 In 2023 John is 23 years old, still studying and preparing for his final exam for his degree at a university. Over the years, unknown to him his investment had multiplied and grown in this manner.

6 In 2006 John started with and owned 25,000 shares

7 In 2007 myeg had a 1 for 1 bonus issue corporate
exercise to reward its shareholders. The number of shares increased to 50,000 shares.

8 In 2008 myeg had a 6 for 5 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 50,000 + (50,000 /5 x6) = 110,000 shares

9.Again in 2014 myeg had a 1 for 1 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 220,000 shares.

10.Again in 2015 myeg had a 1 for 1 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 440,000 shares.

11.Again in 2016 myeg had a 1 for 2 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 440,000 +( 440000/2 ) = 660,000shares.

12. Again in 2021 myeg had a 1 for 1 bonus issue corporate exercise to reward its shareholders. The number of shares increased to 660,000+ 600,000 = 1.2m shares.

13.From 2006 to 2023, in a span of 17 years his shares had grown from 25,000 to 1.2m shares. MYEG closed at 95 sen today. The value of his portfolio is 1.2m x 0.95 = RM1,140,000.

14. Now let us come back to our question;
Can someone who is still in school,green and ignorant with no investment knowledge and experience, knows nothing, does nothing but journey unknowingly into becoming a millionaire via Bursa without lifting a finger.? Let’s examine.

15. If you are John, THE ANSWER IS A RESOUNDING YES.
16 Incidentally, you may be interested to know the enlarged share capital of MYEG upon listing in 2007 was 126,250,000 shares and at 55 sen IPO price the market capital was a tiny RM 69,437,500.

17 Today, with all the corporate exercise and bonus issues, the number of issued share capital of MYEG had enlarged to 7.63b shares. And at the closing price of 95 sen the market cap is RM 7.25b. That’s incredible.

18 It is hoped that this posting has inspired you and it is intended for sharing, learning and earning together.

19. Happy Trading
14/12/2024

Note: source of bonus issues are taken from KLSE Screener - capital changes.

3 weeks ago

Scott Tan

tomorrow might touch rm1

3 weeks ago

I'll be happy already if MYEG can touch RM1 before 2025

3 weeks ago

flytothemoon

short seller keep buying back, now 0.13% left only

3 weeks ago

✌

3 weeks ago

ImCK

1.3billion china population to use zetrix as international ID kaya kaw kaw

3 weeks ago

ImCK

if all asean goverment use zetrix to simplify kastam procedure
express lane then zetrix profit very scary already

3 weeks ago

Against the backdrop of continued outflow of foreign capital, according to MIDF Fund Flow Report dated 16-12-2024, foreign capital was a net buyer of MYEG in November。
It was also a net buyer in the past two weeks.

3 weeks ago

Ya, MYR, USD, RMB all sapu, apa lagi mahu !!

3 weeks ago

morning..
many ask paktua why paktua dare to set next destination for paktua at rm1.14?..
why now?
its possible reach again rm1.14?

ans:
paktua see when myeg dare to jump in on crypto coin and next year is crypto season..
with hype demand when world coin set by myeg
its show how fast growing demand on coins
(Zetrix coin will in layer 1 in block chain)
who involved in crypto trade will well known on this...

with fast growing lead by us crypto main promoter
paktua jangka myeg will back on 2018 Glory.

tut tut
not possible to see again rm1.50 by march 25

3 weeks ago

base on last lower=rm0.865(T-14 cycle)
RP projection set at rm0.86
RP+ve
RP+80=rm0.90
RP+120=rm0.92
RP+180=rm0.95
RP+240=rm0.98
RP+300=rm1.01
now myeg pass critical barrier RP+180..
and touched RP+240..
ini show good sign for next rally hopefully this week
we can see again above rm1.00..

tut tut
hopefully can break RP+240 this week

3 weeks ago

Paktua pick myeg base on Zetrix

like hng33 was postings good info regarding Zetrix

this ringkasan yang paktua dapat kupaskan..

Zetrix Coin by MyEG
- Zetrix is a blockchain initiative launched by MyEG, focusing on creating a layer-1.
- Public blockchain that offers interoperability with China's national blockchain initiative, the Blockchain Service Network (BSN).
- Zetrix is designed to facilitate cross-border trade and transactions, offering solutions for identity verification, smart contracts, and other decentralized services.

Key Features of Zetrix:-

1. Cross-Border Interoperability:
- It integrates with BSN to allow seamless connectivity between businesses in China and other countries.

2. Enterprise-Focused:
- Zetrix aims to enable enterprises to adopt blockchain solutions more efficiently.

3. Real-World Utility:
- The project targets use cases like supply chain management, digital assets, and trade documentation.

Impact of Trump's Tariff War on Zetrix in 2025:

-Trump’s trade policies have historically emphasized tariffs and protectionism, which can disrupt global trade patterns.
- In 2025, the impact on Zetrix's growth could depend on several factors: -

1. Increased Demand for Blockchain in Trade:
- Tariffs and trade restrictions may encourage businesses to seek efficient cross-border solutions like Zetrix for transparency and cost reduction.

2. Partnership with China:
- If MyEG maintains its partnership with BSN, Zetrix could thrive as it serves as a bridge between countries, especially during trade uncertainties.

3. Adoption Challenges:
- Escalated tariffs could lead to economic slowdowns, potentially limiting businesses' budgets for blockchain integration.

- Overall, Zetrix's growth in 2025 will likely depend on its ability to provide practical solutions for businesses navigating the complexities of global trade amidst geopolitical tensions.
- Its role in trade facilitation could be significant in such an environment.

tut tut
with focus investor now more to crypto from BtC, Altscoin to Memecoins
whit more exposure on crypto exchange ..
paktua jangka myeg will has good rally on 2025.

3 weeks ago

ImCK

zetrix already using for beauty election imagine if country election using zetrix as solution https://www.zetrix.com/zetrix-blockchain-to-include-global-citizens-votes-in-beauty-pageant/

3 weeks ago

MYEG
RP projection base on T-14 cycles..

base 0n 29hb Nov 24 lower at rm0.865:
- T-14 count from 27hb nov but lower on T-14..
is on 29hb Nov 24 at rm0.865..
for RP+ve paktua set at rm0.86.

RP+ve
base on lower at rm0.86

RP+80=rm0.90
RP+120=rm0.92
RP+180=rm0.95
RP+240=rm0.98
RP+300=rm1.01
RP+460=rm1.09
RP+600=rm1.16
RP+760=rm1.24
RP+900=rm1.31

RP-ve
base on Higher today(16hb Dec 24)at rm0.98

RP-80=rm0.94
RP-120=rm0.92
RP-180=rm0.89
RP-240=rm0.86
RP-300=rm0.83

T-14 RP Formula
RP+ve :
- need find lowers position in T-14 Range cycle

RP-ve :
- need find higher position on last T-14 days cycle

tut tut
if still sustain on RP+180(RP+ve Projection)..
then MYEG will test RP+240 again.
if break RP+180 then will back on RP-180(on RP-ve projection)

2 weeks ago

ignissimia

I made a calculation error in the projected EPS2024 used in my posting yesterday which I have deleted bcos of the mistake. It should be 9.519 (not 11), derived as following:

1Q to 3Q Earnings + 4Q Estimated Earnings = 516.304m + 210m = 726.304m
726.304m ÷ 7630m = 0.09519
12 × 0.09519 = 1.142, ie. RM1.14

Below the corrected posting...
If the market starts to accept MYEG as a growth stock, then conservatively with an undemanding PE of 12 and projected EPS2024 of 9.519, the price should be ~1.14. Both these 2 metrics will continue to be revised upwards if and as results maintain their rising trajectory. If TS Wong's reading of the future is on the mark, then we are sitting on a goldmine.

2 weeks ago

morning..
alert yer myeg already break RP+180 yesterday..
if today cannot back above rm0.96 then red will arrive

tut tut
alert at RP-80 if break we see again below rm0.90

2 weeks ago

Dow Jones

Dow Jones Industrial Average

42,805.71

-644.19

1.48%

Nasdaq

NASDAQ Composite

19,610.47

-498.59

2.47%

2 weeks ago

MYEG retraces together with Bitcoin price 😏

2 weeks ago

flytothemoon

go for ytl already earn 17%, myeg still a mygg,lol

2 weeks ago

According to MIDF Fund Flow Report on 23-12-2024, MYEG was the stock with the highest weekly net inflow from foreign investors.
Summary:
Nov 2024 - Net Inflow
Dec 2024 Week #1 - Net Inflow
Dec 2024 Week #2 - Net Inflow
Dec 2024 Week #3 - Net Inflow

2 weeks ago

Blackrock is buying ?

2 weeks ago

Collin Soo

@U1818, but the price cannot move up north? Hope it can perform in Y2025.

2 weeks ago

https://klse.i3investor.com/web/insider/detail/SBSH_603397_1729804186

https://medium.com/@zetrix.official/applying-blockchain-to-halal-traceability-b99320bd833a

Applying Blockchain to Halal Traceability
Halal traceability has been a key concern for consumers, businesses and regulators in the modern era, as it ensures all products meet the required halal standards throughout the entire supply chain. With blockchain’s transparency, security and decentralised nature, it’s able to provide an effective solution for improving halal traceability.

1 week ago

Invest23

CycleX had partnered with MYEG to launch the Real World Application (RWA) Fund. But the details are too limited.

Besides, don't expect too much from the HK Crypto ETF. The previous quarter briefing already mentioned that HK Sec/Gov doesn't want to be the first launch of a mixed crypto ETF since they want to wait for the US to innovate it. Don't expect too much on the HK Crypto ETF since the market is not friendly for crypto ETFs at this moment. You may research the transaction volume, charging fees, and ETF Size.

1 week ago

alex88

I am confused why is TS Wong selling if biz so good?

1 week ago

luckyman

1 week ago

Invest23

alex88, this is a very good question. Mr Wong Thean Soon and his private company Asia International total sold around 130 million shares after this year's August. In this year, Mr Wong reduced 80 million of shares from his direct and indirect.

There may be several reasons such as:
- Stock pledge
- Being overvalued
- Poor result for the next few quarters
- Poor outlook and guidance

I guess it is due to the stock pledge.

1 week ago

speakup

TS Wong know something u and i dont.

1 week ago

flytothemoon

myeg suddenly disappeared from net short position company already, cant find their name

1 week ago

ignissimia

It's stocks pledged to financier

1 week ago

One belt one road part 2

1 week ago

Eagle77

SUPERMAX TP BY JANUARY 2025 : 2.00 - 2.50 ✅ before Trump sworn in as president 😆🚀🚀🚀

1 week ago

https://www.marc.com.my/rating-announcements/marc-ratings-affirms-myegs-aa-is-rating-2/

MARC Rating Report dated 23-12-2204:

MYEG also derives rental income from its foreign worker hostels. Currently, it has a hostel in Selangor and another in Melaka, housing 400 foreign workers each. MYEG also has four upcoming hostel projects, two in Selangor (Sungai Buloh – 1,500 pax), (Rawang – 1,500 pax), one each in Johor (Tanjung Langsat – 8,000 pax) and Penang (Batu Kawan – 8,000 pax). Cumulatively, this segment is expected to contribute around RM56.0 million p.a. to revenue upon commercialisation in FY2026.

5 days ago

add more myeg at 98.5sen

1 day ago

MIDF Fund Flow Report dated 6-1-2025: Foreign investors bought a net RM105.2mil of MYEG in December 2024.

1 day ago

Mr Wong is no longer a major shareholder in Cuscupi and will buy more Myeg 😁😁

https://theedgemalaysia.com/node/739794

1 day ago

USD strength to RM 4.52, good for myeg zetrix which is denominated in USD

23 hours ago