Immigration Dept can o not ?

No more MyEG for immigration processes by 2025

PETALING JAYA: All immigration services and processes will be fully back under the department’s management by 2025, including those currently handled by third-parties like MY E.G. Services Bhd (MyEG).

Immigration director-general Khairul Dzaimee Daud said this will be through the implementation of the national integrated immigration system (NIISe), for which some RM900 million had been set aside by the home ministry.

https://www.freemalaysiatoday.com/category/...cesses-by-2025/

there are so many other companies outside which immigration department can look to outsource the job. of cause they can outsource to myeg too.

Immigration Dept had given MyEG a 3-year extension in 2020 to manage employment passes. That costs RM208 million. Now 2023, extend again.

But hopefully by 2025, MyEG manage to build the blockchain platform. More revenue streams for the company. According to its report, if the annual revenue is 650m, at PE 19, the worth is 1.80

This post has been edited by Taikor.Taikun: Feb 6 2023, 05:46 PM

MyEG limit down... 0.655

Seems to be a knee jerk response over inconclusive news.
Money to be made for those who know MYEG well.

Yeah..going all the way limit down is an overeaction I think.

https://drive.google.com/file/d/1ZXCGc12l4J...iew?usp=sharing

I usually gauge companies instead of sectors.
In analysing those companies, I then have to create a view of the sector but it is usually through the lens of a specific company. So I can't really say which sector itself is undervalued as there usually isn't anything direct to compare it against to say it is over/under. For companies I can usually reference similar companies and their valuations as a comparison to determine if something is over/under.

Sometimes my search brings me to what I term cold companies. Meaning very thin trading volume as I don't think the general public are very aware of such companies. But their fundamentals look solid and their revenue consistent. To use an old example, MASTER was one such company which was trading relatively thin last year so the bet was a dark horse type. Price today makes me very happy as an investor though I must say most of my investments are mostly of a more modest profit.

Here's hoping Po Huat keeps doing well and then wait for people to catch on.


My gut told me to jump in at 0.65 as I was really confident there was money to be made.
Only my self rule to never buy companies not on my watchlist stopped me as most of my losses were when I broke my own rule. I had a portfolio on MyEG but stopped updating it in 2021 when I sold all of it and stopped tracking it as a company I'll be interested in.

Had to tell myself this money is not mine to make. Congrats to those who rolled the dice.

What happened to Malaysia banking counters? Keep falling this few days

USA plan raise interest rate...funds outflow to safe zone..😃

Wow! Finally another decent posting!





but yeah... poh huat is a great idea. Certainly much, much better than S******.

Still stand by what I said. Its property sector keeps on delivering much more profits than its plastics. As such, such plays are never too sexy, unless the company makes plan to reorganise.



MyEg? LOL!! Two words. No like.

MYEG really trap a lot of retailers which they thought it is a bargain, i believe EPF will throw it all as they have losing most of their source of income after several announcement by government

EPF were in a net buy position on EPF on 8th Feb, the day after the gap down.
Yesterday's event in my opinion was triggered mainly by the EPF selloff. I think EPF sold off around 65 million shares in a single day.

net buy position 3 Feb, they sold 50mil+ shares when it gap down on 7 Feb

1000 unit Maybank share better or 2000 units PBB share better? plan to top up

you want more capital growth or more dividend yield

hi guys,i have some questions ,pls help me out

1)hartalega fundamental eps,roe,pe,all under negative value,latest finanacial report lost in profit,
share price now rm1.51,should i buy this stock for long term investment
or

2)wait until hartalega make profit and buy stock,

ur advices much appreciated tqvm.

You shouldn't be asking what stock to buy, do your own study and make your own decision.

That is the best way to learn.

But if you ask me, this is glove stock?. Glove stock is game over. Everyone making it including China. No more goreng.

Anyway, you shouldn't listen to me either. I blow water only.

Understand the company itself 1st before you branching in 🤦‍♀️

Harta is profitable company during pre pandemic and the recent news is just noises because of the impairment of NGCC from the expansion

You only buy Harta is you willing to hold long term as for it dividends because the company it is export oriented medical grade gloves that are approved by FDA and NHS hence it is worldwide known name for it

I know many who became millionaires just on buying this stock not too long ago about 5 years back and yet they are still not worried

Thank you for entertainment as always 👏 but you don’t understand Harta fundamentals, it’s IP and selling point 🤦‍♀️

BTW, try check out the other many previous threads on this hartalega in lyn .
And try post this question in stock section ??

This post has been edited by MUM: Feb 14 2023, 07:02 AM