It is poised to see acceleration of earnings in the medium term, spurred by the introduction of new Road Transport Department and Immigration Department services. In the longer term, the customs tax monitoring service will be the wildcard.
Its existing portfolio of service continues to grow, although growth rates will inevitably slow as they near market share saturation levels.
The company’s services are seeing increasing market share and customer acceptance. The underlying market for its range of services is large, with recurring demand supported by the group popularity of online services.
Despite substantial capex in the customs monitoring and other new planned services, MYEG’s balance sheet remains strong. Its net cash position improved to rm6.1 million as at end Sept 2012. Amounts from its associate company has been rising to rm20.4 million as at end Sept 2012.
It is set to spend up to rm60 million for the financial ended June 30 2013 to roll its two new services, the online tax monitoring system and expansion of its online foreign worker permit renewal services.
Its online tax monitoring system has already been completed and its targeted to launch by first quarter of 2013.
Also in the group’s 2013 pipeline is the expansion of its existing online foreign worker permit renewal services. The existing services currently (Dec 2012) only caters to the work permit renewals for foreign maids by MYEG is also looking to expand its services to other sectors as well.
MyEG is mainly involved in the development and implementation of E Government services to 12 government agencies including the JPJ.
26 comments:
generic xanax xanax effects with drinking - long does xanax bars take kick
buy tramadol online tramadol 200mg - buy tramadol online usa
buy tramadol online tramadol online us - withdrawal symptoms of tramadol
cheap tramadol get tramadol online no prescription - buy tramadol ultram
buy tramadol online can you buy tramadol over the counter - tramadol apap high
buy carisoprodol carisoprodol 350 mg and ibuprofen - 350mg carisoprodol side effects
xanax online all generic names xanax - generic xanax tablets
carisoprodol without prescription side effects carisoprodol tablets - carisoprodol no prescription needed
buy tramadol online order tramadol no prescription overnight - tramadol ultram high
buy tramadol online tramadol high like - tramadol 50 mg and ambien
buy cialis online cialis pdo 6 - buy cialis online germany
cheapest xanax xanax withdrawal cold turkey - xanax 2mg strongest
qeslz [url=http://www.purchasingcheapbeatsbydre.com]beats by dre[/url] udyqq http://www.purchasingcheapbeatsbydre.com bycef [url=http://www.drdrebeatsxiao.com]cheap beats by dre[/url] pwrzt http://www.drdrebeatsxiao.com qlqow [url=http://www.goonebeatsbydre.com]cheap beats by dre[/url] dfook http://www.goonebeatsbydre.com ewsnc [url=http://www.vip-beatsbydresale.com]cheap beats by dre[/url] mfcee http://www.vip-beatsbydresale.com fosc [url=http://www.drdrebeatsnamew.com]beats by dre[/url] qdbbz http://www.drdrebeatsnamew.com gkwc [url=http://www.beatsbydrenameq.com]cheap beats by dre[/url] zvebk http://www.beatsbydrenameq.com fiqc
sujgq [url=http://www.purchasingcheapbeatsbydre.com]cheap beats by dre[/url] zwivv http://www.purchasingcheapbeatsbydre.com ihecq [url=http://www.drdrebeatsxiao.com]beats by dre[/url] xyonp http://www.drdrebeatsxiao.com wfvev [url=http://www.goonebeatsbydre.com]dr dre beats[/url] vlmuq http://www.goonebeatsbydre.com idfjo [url=http://www.vip-beatsbydresale.com]cheap beats by dre[/url] awqda http://www.vip-beatsbydresale.com cmhc [url=http://www.drdrebeatsnamew.com]beats by dre[/url] pfike http://www.drdrebeatsnamew.com ovck [url=http://www.beatsbydrenameq.com]beats by dre[/url] fzhhs http://www.beatsbydrenameq.com qstf
xanax online xanax abuse - much xanax pills
can you really buy xanax online xanax bars 25mg - buy xanax online with mastercard
http://blog.dawn.com/dblog/buy/#38179 buy tramadol online australia - buy tramadol online nz
learn how to buy tramdadol buy cheap tramadol mastercard - tramadol withdrawal emedicine
buy tramadol buy tramadol cod overnight - buy tramadol cod free
http://buytramadolonlinecool.com/#56411 tramadol for dogs usa - tramadol for dogs safe
buy tramadol generic tramadol ingredients - take tramadol high
fxbowi http://pa-louisvuittoncheap.com iksqph http://www.mccanadagooseoutlet.com jyugmk http://www.sale-cheapmontblanc.com cnnlct http://cheaperbeatssbydre.com tmusrb http://palouisvuittonoutlet.com ubctja [url=http://pa-louisvuittoncheap.com]louis vuitton sale[/url] rxbvc [url=http://www.mccanadagooseoutlet.com]canada goose outlet[/url] afksw [url=http://www.sale-cheapmontblanc.com]cheap mont blanc[/url] bwezq [url=http://cheaperbeatssbydre.com]cheap beats by dre[/url] vbhkyw [url=http://palouisvuittonoutlet.com]louis vuitton bags[/url] oeif
xznsqr http://pa-louisvuittoncheap.com dqjnpl http://www.mccanadagooseoutlet.com jizbgo http://www.sale-cheapmontblanc.com jghyha http://cheaperbeatssbydre.com yxdsrl http://palouisvuittonoutlet.com jttxcz [url=http://pa-louisvuittoncheap.com]louis vuitton handbags[/url] oktbb [url=http://www.mccanadagooseoutlet.com]canada goose jacket[/url] wnobi [url=http://www.sale-cheapmontblanc.com]mont blanc pens[/url] xgzmo [url=http://cheaperbeatssbydre.com]cheap beats by dre[/url] ivoweu [url=http://palouisvuittonoutlet.com]louis vuitton outlet[/url] gtat
buy tramadol online has bought tramadol online - what does tramadol 50 mg do to you
http://ranchodelastortugas.com/#58720 long does 2mg xanax last - klonopin help xanax withdrawal
xiiibm http://www.capemaycitypolice.com/MonstBeatsByDre.html ermlqp http://www.capemaycitypolice.com/cheapnikeairmaxb.html kceqfs http://www.chancemccann.com/cheap-airjordans.html gcvgjc http://www.oceancityseafood.com/celinehandbags.html atqizh http://maryhelverson.com/celinehandbagsb.html btaazs [url=http://www.capemaycitypolice.com/MonstBeatsByDre.html]cheap beats by dre[/url] nwrbg [url=http://www.capemaycitypolice.com/cheapnikeairmaxb.html]air max shoes[/url] tvuws [url=http://www.chancemccann.com/cheap-airjordans.html]air jordan[/url] ofwtt [url=http://www.oceancityseafood.com/celinehandbags.html]celine bag[/url] vkrjco [url=http://maryhelverson.com/celinehandbagsb.html]celine bag[/url] pehp
Post a Comment