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
- 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
UnderperformedMYEG past 5-day return lagged behind the Information Technology Services industry average return by 15.67%
Below 30-Day AverageCurrent price RM1.85 is below 30-day average RM1.9 by 2.7%
|Return (%)||MYEG||Information Technology Services|
Bank Analyst Price Targets
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)||(%)|
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 daily||219k daily|
Price History Chart
Past 30-day Average Price: RM1.9
Market News & Investor Opinions
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.