Current Price Status
Stock is in Momentum
Stock is currently overvalued by the market with the expectation of annual earning growth at 43.31% 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 12.28% 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
OutperformedMYEG past 5-day return perform better than Information Technology Services industry average return by 0.78%
Above 30-Day AverageCurrent price RM1.92 is above than 30-day average RM1.89 by 1.6%
|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 Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
MYEG recent daily traded volume is -17.06% lower than past month average.
|Past 30-Day||Past 5-Day|
|170k daily||141k daily|
Price History Chart
Past 30-day Average Price: RM1.89
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.