not following fundamental??dude,this company rocks fundamentally..i mean how often do you see a company with consistent increase in earning,not to mention consistently high ROE and ROA..ok some of you might argue that it's growth is dependent on government contract,hence uncertainty in its future,but hey it has got gov contract at least until 2015 ..i would say hold until at least that time man..

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Added on June 12, 2010, 1:28 am
not following fundamental??dude,this company rocks fundamentally..i mean how often do you see a company with consistent increase in earning,not to mention consistently high ROE and ROA..ok some of you might argue that it's growth is dependent on government contract,hence uncertainty in its future,but hey it has got gov contract at least until 2015 ..i would say hold until at least that time man..

My best stock this year so far,
Used to hover around 40sen and stubborn to move,
Now shoot up like rocket

*Depressed*. Sold all at 60

Nvm lah
For me it is now quite overvalued though
I would have sold too if goldman sachs not becoming substantial sholder

I am a bit skeptical of goldman sachs becoming a substantial holder. It's very easy for 'related party' to go open an account with goldman sach and buy back his own company's (MyEg) shares. It will look like GS is a substantial holder and bring more hotnews to MyEg.

got such thing? I m not very experienced in share marlet, I tot it is the investment by GS themselves instead of someone else who opens a/c with GS

Any way to find out this?

Difficult to find out.. it's speculated that a lot of FDI is done by local business parking money overseas (or politically linked businessmen or politicians themselves) and used the money to buy back their own companies. It's one way of controlling the company without having your name seen.

Difficult to find out.. it's speculated that a lot of FDI is done by local business parking money overseas (or politically linked businessmen or politicians themselves) and used the money to buy back their own companies. It's one way of controlling the company without having your name seen.

Even if that is true, there is no need for anybody to do that since MYEG is a fundamentally strong counter.

true true..fundamentally it is very strong,good for hold for long term if its fundamental remained unchanged..technically,it will undergo some correction in short term..good time to collect more at 0.58..