MyEG Liked For Its Digital Vision
MyEG Liked For Its Digital Vision
My EG Services (MYEG) has expanded its blockchain platform ZTrade's coverage to include verification services for China-issued Certificates of Origin (COOs), enhancing its monetisation avenues, according to a report by Maybank Investment Bank (Maybank) on July 17, Wednesday. The introduction of COO verification services positions MYEG favourably in capturing growth opportunities in Malaysia-China trade relations, enhancing its competitive edge in the blockchain segment. Maybank's TP of MYR1.68 reflects a positive outlook for MYEG amidst its innovative ventures and solid market position in Malaysia's digital economy.
根據馬來亞銀行投資銀行（Maybank）7月17日星期三的一份報告，我的EG服務（MYEG）已擴大其區塊鏈平台zTrade的覆蓋範圍，將中國簽發的原產地證書（COO）的驗證服務包括在內，從而增強了其貨幣化途徑。首席運營官驗證服務的引入使MYEG在抓住馬中貿易關係的增長機會方面處於有利地位，增強了其在區塊鏈領域的競爭優勢。馬來亞銀行的目標股價爲1.68令吉，反映了MYEG在其創新企業和穩固的馬來西亞數字經濟市場地位中前景樂觀。
Maybank maintains its BUY rating for MYEG, reiterating confidence in the company's strategic initiatives and revenue potential from ZTrade's expanded capabilities. Maybank maintains its earnings forecasts for FY24-26E and a target price (TP) of MYR1.68, underpinned by MYEG's robust expansion in digital trade facilitation and strong position in Malaysia's software sector. My EG Services remains one of Maybank's top picks.
馬來亞銀行維持對MYEG的買入評級，重申了對該公司的戰略舉措和zTrade擴展能力帶來的收入潛力的信心。馬來亞銀行維持其對 FY24-26E 的收益預測和1.68令吉的目標價格（TP），這得益於MYEG在數字貿易便利化方面的強勁擴張以及在馬來西亞軟件領域的強勁地位。我的EG服務仍然是馬來亞銀行的首選之一。
The group announced the expansion of its ZTrade platform on July 12, incorporating COO verification services from the Chinese customs authority (GACC). This expansion allows Malaysian exporters to streamline trade processes with China, potentially reducing operational costs and enhancing efficiency in cross-border transactions. MYEG's proactive approach in digital trade facilitation underscores its commitment to driving revenue growth through innovative blockchain solutions tailored for international commerce.
該集團於7月12日宣佈擴大其zTrade平台，納入中國海關總署（GACC）的首席運營官驗證服務。這種擴張使馬來西亞出口商能夠簡化與中國的貿易流程，從而有可能降低運營成本並提高跨境交易的效率。MYEG在數字貿易便利化方面的積極方法凸顯了其通過爲國際商務量身定製的創新區塊鏈解決方案推動收入增長的承諾。
The analyst at the bank highlights the strategic significance of MYEG's ZTrade expansion, noting potential earnings contributions from enhanced COO verification services. With ZTrade's operational margins anticipated to exceed 95%, MYEG is poised to leverage its blockchain capabilities effectively in capturing a larger share of Malaysia-China trade volumes. Maybank's BUY recommendation reflects confidence in MYEG's ability to sustain growth and profitability amidst evolving market dynamics in digital trade facilitation.
該銀行的分析師強調了MYEG擴張zTrade的戰略意義，並指出了增強的首席運營官驗證服務可能帶來的收益貢獻。隨着zTrade的營業利潤率預計將超過95％，MYEG準備有效利用其區塊鏈能力，在馬中貿易量中佔據更大的份額。馬來亞銀行的買入建議反映了人們對MYEG在不斷變化的數字貿易便利化市場動態中維持增長和盈利能力的信心。
譯文內容由第三人軟體翻譯。