0138 MYEG | Malaysia

MY E.G. SERVICES BHD

RM 1.85 on: 2021-01-18

+0.54% Past 1-day return
0% Past 5-day return

Midcap Strong Revenue Growth Covid19 Upside Government Linked Companies Tech Boost Information Technology Services


Price/Valuation Analysis
Current Price Status
  • Stock is in Momentum

    Stock is currently overvalued by the market with the expectation of annual earning growth at 40.78% to match current price.

    Overvalued stock can be traded very volatile. If the earning growth momentum continue, overvalued stock can match into fair value, on the flip side, the downside risk can be huge if the stock is not meeting the market expectation.

  • Company is in Positive Earning
Fair Value
  • MYEG current price is 11.45% above OneDelta estimated fair value.
  • The fair value is estimated via OneDelta proprietary model that updated daily basis based on stock fundamental and specific industry relative marco outlook. It can be assessed as stock potential upside range or the stock true value price in case of downside.

Relative Price Performance
  • Underperformed
    MYEG past 5-day return lagged behind the Information Technology Services industry average return by 15.67%
  • Below 30-Day Average
    Current price RM1.85 is below 30-day average RM1.9 by 2.7%

Return (%) MYEG Information Technology Services
1-Day+0.54% +2.93%
5-Day0% +15.67%
30-Day-7.5% +1.53%
Bank Analyst Price Targets
BIMB
BUY
RM 3.00
MIDF
HOLD
RM 2.00
Revenue & Earning Growth Analysis
  • Strong Positive Revenue Growth

    MYEG has been achieving revenue growth for past 5 quarters by average +3%.

  • Recent Positive Profit Growth

    MYEG managed to achieve better profit growth on the past 2 quarters by average +8%.


Past Quarter Reports
Quarter Date Revenue (RM) (%) EPS (RM) (%)
2020-09-30 136,096k +9% 0.02 +11%
2020-06-30 124,336k +2% 0.018 +6%
2020-03-31 121,741k +2% 0.017 -15%
2019-12-31 119,692k +0% 0.02 +18%
2019-09-30 119,142k +0% 0.017 0%
Volume Trend Analysis
  • Recent Volume is Increasing

    Surge in trading volume tends to bring more price volatility in near term.

  • MYEG recent daily traded volume is 3.3% higher than past month average.

Past 30-Day Past 5-Day
212k daily219k daily
Financials
Price History Chart
Past 30-day Average Price: RM1.9
Stock Fundamental Factors

Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.

Stock Thematic Baskets

Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.

Stock Company Profile
MY E.G. SERVICES BHD

My E.G. Services Bhd. is an investment holding company, which engages in the development and implementation of electronic government services project and provision of other related services. The company was founded by Thean Soon Wong on February 17, 2000 and is headquartered in Petaling Jaya, Malaysia.