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$MYEG (0138.MY)$ It is never easy to set target price, espec...
It is never easy to set target price, especially for stock like MYEG. My personal thoughts on MYEG:
-There is a shift in MYEG business model over the past few years. From dependent solely on government contracts and concessions to block chain technology centric (still at infancy stage in my opinion)
-Its PE dropped significantly over time with increased earnings, shows that this shift or transformation is coming to fruition.
-I believe, comes 2025 and beyond, market will value MYEG accordingly which is why I still hold MYEG.
-Technically, i like MYEG for its volatility, hence i perform swing trading on MYEG from time to time.
-An aggressive CEO in WTS who always delivers.
-There is a shift in MYEG business model over the past few years. From dependent solely on government contracts and concessions to block chain technology centric (still at infancy stage in my opinion)
-Its PE dropped significantly over time with increased earnings, shows that this shift or transformation is coming to fruition.
-I believe, comes 2025 and beyond, market will value MYEG accordingly which is why I still hold MYEG.
-Technically, i like MYEG for its volatility, hence i perform swing trading on MYEG from time to time.
-An aggressive CEO in WTS who always delivers.
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AB95 : Correct answer