Exit or stay with MyEG?

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  • Saturday, 26 Sep 2015

MYEG Services Bhd has been on an almost non-stop upward trajectory since 2013. It was the best performing stock in 2014, and even this year with the FBM KLCI underperforming the region, MyEG is still up 27.01% on a year to date basis at its last done price of RM2.68.

The company piqued investor interest when it started making its mark as a concessionaire for Malaysia’s various electronic government flagship applications. In 2012, the company was hovering around the 30-sen level, By March 2013, the stock started its upward trajectory from 40 sen, and well, this uptrend has apparently yet to end.

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