0138 MYEG | Malaysia
MY E.G. SERVICES BHD
RM 1.04 on: 2021-10-21
-0.95% Past 1-day return
-1.89% Past 5-day return
Price/Valuation Analysis
Current Price Status
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Stock is Trading within Range
Stock is trading within the fundamental outlook of the company and the industry average performance. Market is currently pricing of annual earning growth better than the industry average.
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Company is in Positive Earning
Fair Value
- MYEG current price is 13.46% below OneDelta estimated fair value.
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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
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Underperformed
MYEG past 5-day return lagged behind the Information Technology Services industry average return by 2.26% -
Above 30-Day Average
Current price RM1.04 is above than 30-day average RM1 by 4%
| Return (%) | MYEG | Information Technology Services |
|---|---|---|
| 1-Day | -0.95% | -1.76% |
| 5-Day | -1.89% | +0.37% |
| 30-Day | -46.39% | -2.67% |
Bank Analyst Price Targets
BUY
RM 2.09
BUY
RM 2.70
Revenue & Earning Growth Analysis
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Strong Positive Revenue Growth
MYEG has been achieving revenue growth for past 5 quarters by average +5%.
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Strong Positive Profit Growth
MYEG has been achieving EPS growth for past 3 quarters by average +9%.
Past Quarter Reports
| Quarter Date | Revenue (RM) | (%) | EPS (RM) | (%) |
|---|---|---|---|---|
| 2020-12-31 | 149,889k | +10% | 0.022 | +10% |
| 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% |
Volume Trend Analysis
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Recent Volume is Increasing
Surge in trading volume tends to bring more price volatility in near term.
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MYEG recent daily traded volume is 51.86% higher than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 349k daily | 530k daily |
Financials
Price History Chart
Past 30-day Average Price: RM1
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Midcap
Strong Profit Growth
Stocks that achieved more than two quarters of consecutive earning per share growth
Strong Revenue Growth
Stocks that achieved more than two quarters of consecutive revenue growth
Stock Thematic Baskets
Usually the more the stock is included in popular themes, the more opportunity for price-driven momentum and better liquidity.
Market News & Investor Opinions
More upside seen at MyEG with widening revenue base
Court of Appeal upholds ruling on decision against MY EG
RM9.64m penalty on MyEG for violating competition law upheld
MyCC contends MyEG abused dominant position, harmed competition in the market
Stronger earnings seen for MyEG
MyEG down 4% despite dividend proposal, profit report
MyEG falls 5.8% despite dividend proposal, profit report
MyEG posts RM75.5mil net profit in Q4
MyEG fourth-quarter net profit at RM76mil
MyEG again denies abusing its dominant position
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.