0138 MYEG | Malaysia
MY E.G. SERVICES BHD
RM 1.72 on: 2021-07-27
-2.27% Past 1-day return
+1.18% Past 5-day return
Price/Valuation Analysis
Current Price Status
-
Stock is Under Pressure
Market is pricing a weaker earning growth potential than the industry average.
Undervalued stock can be true bargain buy if the stock is believed to be only under pressured for a short-term weak earning growth. -
Company is in Positive Earning
Fair Value
- MYEG current price is 26.16% below 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
-
Outperformed
MYEG past 5-day return perform better than Information Technology Services industry average return by 2.95% -
Below 30-Day Average
Current price RM1.72 is below 30-day average RM1.75 by 1.7%
| Return (%) | MYEG | Information Technology Services |
|---|---|---|
| 1-Day | -2.27% | -0.82% |
| 5-Day | +1.18% | -1.77% |
| 30-Day | -10.42% | -0.38% |
Bank Analyst Price Targets
BUY
RM 2.43
BUY
RM 2.70
BUY
RM 3.00
HOLD
RM 2.00
Revenue & Earning Growth Analysis
-
Strong Positive Revenue Growth
MYEG has been achieving revenue growth for past 5 quarters by average +5%.
-
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 Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
-
MYEG recent daily traded volume is -18.56% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 97k daily | 79k daily |
Financials
Price History Chart
Past 30-day Average Price: RM1.75
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.