6.85BMarket Cap9.78P/E (TTM)
0.920High0.895Low41.23MVolume0.900Open0.900Pre Close37.60MTurnover1.12652wk High0.76%Turnover Ratio7.52BShares0.75452wk Low0.093EPS TTM4.93BFloat Cap1.399Historical High9.78P/E (Static)5.42BShs Float0.009Historical Low0.093EPS LYR2.78%Amplitude0.02Dividend TTM2.40P/B100Lot Size2.09%Div YieldTTM
MYEG Stock Forum
The raised proceeds will mostly be used to ensure there are cash flows for continuous operation along with expanding MyDigitalID as a national ID to be used by other agencies, similar to MyID in Australia. However, most of the proceed will be spent on further developing AI and Blockchain technology.
all in
Monday RM0.91
To me, this means the company is either confident their stock is undervalued, or as a means to create new support around their purchasing price. We will see Monday.
really bad timing, 1.2B debt, profit 700mil, still need PP rm350mil.
at today's closing price of 0.875, it's a similar pattern i learnt from just recently cut loss case from $HEGROUP (0296.MY)$ , once dropped below the offer price, gone case.
will big fund such as FF and institutions push it back to 0.925? or snow ball back all the way to PE 9 which is around 0.8? or worst, no support at all? what do you guys think?
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