It is almost guaranteed that Govt will back their GST products.

The big problem is that their bottom line isn't growing as fast as you would expect from a company that's very cozy with the government.

Well they still have to declare anyways, less or more, just that myeg's product makes it easier. Actually I don't understand your question haha

That's only one of their product lines, they have lots of other products including road tax and kiosks. Edge mentioned something like 20+ in development.

Probably a random goreng.

There hasn't been any new indication that it is showing the fruits of its close ties with the government, not until the next two QTR reports anyways.

They probably make a lot of money and drive nicer cars than ours

Anyways if you look at this stock's history, MYEG may get gorengs of relatively high volume and reach a exciting price, before quickly settling down to its boring low price. This current price doesn't look sustainable so if you intend to lock some profit, don't wait too long. If you like MYEG for long term, the payoff will take quite a long time.

This post has been edited by Aggroboy: May 3 2010, 10:02 PM

The stock is not following fundamental logic anymore

Maybe good time for me to take profit.