0138 MYEG | Malaysia
MY E.G. SERVICES BHD
RM 1.92 on: 2021-01-27
-0.52% Past 1-day return
-1.54% Past 5-day return
Price/Valuation Analysis
Current Price Status
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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
Fair Value
- 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
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Outperformed
MYEG past 5-day return perform better than Information Technology Services industry average return by 0.78% -
Above 30-Day Average
Current price RM1.92 is above than 30-day average RM1.89 by 1.6%
| Return (%) | MYEG | Information Technology Services |
|---|---|---|
| 1-Day | -0.52% | +0.97% |
| 5-Day | -1.54% | -2.32% |
| 30-Day | -3.52% | +8.87% |
Bank Analyst Price Targets
BUY
RM 3.00
HOLD
RM 2.00
Revenue & Earning Growth Analysis
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Strong Positive Revenue Growth
MYEG has been achieving revenue growth for past 5 quarters by average +3%.
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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
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Recent Volume is Decreasing
Decreasing trading volume tends to keep stock price range bound in near term.
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MYEG recent daily traded volume is -17.06% lower than past month average.
| Past 30-Day | Past 5-Day |
|---|---|
| 170k daily | 141k daily |
Financials
Price History Chart
Past 30-day Average Price: RM1.89
Stock Fundamental Factors
Fundamental factor characteristics help us understand and expect how the stock price will behave in short and long term.
Midcap
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
Controlling shareholder TS Wong, MyEG mop up more shares
MyEG cancels 100 million treasury shares
MyEG falls after proposing new share placement
MyEG to be appointed sole distributor of Zhifei vaccine in Malaysia
MYEG concession deal extended
MY EG gets 3-yr extension to provide RTD e-services
MYEG developing a consolidation phase, says RHB Retail Research
MyEG's 9M results beat CGS-CIMB Research's forecast
MyEG 3Q net profit rises on Covid-19 health screenings, online grocery sales
MyEG earnings at RM70.74mil
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.