NAS10028,437+0.91%S&P7,689+1.58%GOLD$4,070+3.28%BTC$80,381+3.93%VIX16.61−20.26%latest tape · as of 23:21 UTC
The Screen · Technology · Information Technology Services
0138My EG Services
0138.KL · BURSA MALAYSIA · MYR · Market cap $6.4B
Zetrix AI Berhad, an investment holding company, develops and implements electronic government services project, and provides other related services in Malaysia and internationally.
Price as of 21 Sep 2026Daily close, not a live quoteLast reviewed 44 days ago
Screened 2026-09-21 · the tape above runs as of 23:21 UTC · two dates, stated on purpose · verdict and workings shown in full · never trimmed
Key facts today
Price0.20 MYR at the 21 Sep 2026 close
Fair valueUnder review: its inputs are 44 days old; the analyst targets sit too far from the price to cross-check it; our model's value is 15.50x the price, above our 2.00x limit.
Positioning no disclosures inside 60 days, left as found
Options no verdict drawn today, left as found
Ethical passes the values gate
Price0.20 MYR
Fair valueUnder review
Ethical score70.0/100
Our investment reviews on this name
2026-11-04Read Markup0.20+0.0% to today ✓Distribution gives way to Markup after a 75% slide in 18 weeks
2026-07-02Read Distribution0.81-75.3% to today ✓First review on file: Distribution
Our analytic regime reads on this name, dated and marked against the screened price. Small sample per name, and separate from the daily-framework accuracy on the Track Record page.
My EG Services holds its Markup at $0.20. Elevated stress, defensive posture warranted, held for 45 days.
As held on the ledger · 2026-09-21
Phase
Markup
Quantitative state
Elevated stress, defensive posture warranted, held for 45 days
Price at the screen
$0.20
Valuation
1.67 trailing · 1.37 forward price to earnings
Values screen
PASS· score 70.0
The Workings
Five Screens, Shown in Full
Full pass across all five screens. This security clears the Titan Ethical Standard: its business and its balance sheet both stay inside the lines.
Test
Figure
Limit
What it means
Status
Business activity
Permissible
Core business clean
Its core business isn't built on prohibited lines: no gambling, alcohol, tobacco, weapons, or interest-based lending.
Pass
Debt load
30.60%
Below 33%
Interest-bearing debt is just 30.6% of its assets, well under the one-third ceiling: it does not run on borrowed money.
Pass
Interest-bearing cash
5.12%
Below 33%
Cash held in interest-bearing accounts and securities is 5.1% of assets, under the one-third limit.
Pass
Receivables
15.02%
Below 49%
Money owed to the company is 15.0% of assets, under the 49% limit.
Pass
Revenue purity
0.04%
Below 5%
Only 0.0% of revenue comes from non-compliant sources, under the 5% line.
Pass
Five checks adapted from AAOIFI screening standards: business activity plus four balance-sheet ratios. All five must pass for ethical clearance. Every figure is arithmetic on public accounts, not judgement.
The Ethical Read
Why It Clears, in Plain English
My EG Services clears all five screens. Its business is in a permissible area, its interest-bearing debt is about 31%, inside the ~33% line, and almost none of its income is interest, so it passes.
Read as at 2026-11-04. It updates when the underlying figures move, and past reads are kept below.
Follow this verdict
Get an email when 0138.KL's ethical verdict changes
Today 0138.KL passes the screen. If new figures move it to a fail, we send you one short email with the before and after. Verdicts change rarely, so you may not hear from us for a long time.
Free, no account needed. Every email has a link to stop.
What the Numbers Say It Is Worth
The Fair Value Range
Fair value under review. Its inputs are 44 days old; the analyst targets sit too far from the price to cross-check it; our model's value is 15.50x the price, above our 2.00x limit. We show no fair value, margin of safety or value read built on it until the review clears.
Another profit measure, before interest, tax and non-cash costs: EBITDA.
The risks · The things to watch: its business and earnings are exposed to Malaysia and to currency swings.
Plain-English interpretation of our own screen data. Analysis, not advice.
Where & How to Trade
0138.KL trades on BURSA MALAYSIA (the company is based in Malaysia). As a listed security it is accessible through almost any international broker offering its home market. New to this, or investing from abroad? Our guide to accessing global markets covers brokers, currencies and the practical steps.
The Dated Journal · Newest First, Never Edited
Every Entry, As Written
2026-11-04Markup · changed$0.20+0.0%Entry 11
The framework has shifted from distribution to markup since the last review. Price is trending higher with momentum. The crowd has caught on and buyers are in control. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading neutral. Over the past year the shares are down 8%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (5 analysts) rates it none, with a mean price target of $2.
2026-10-24Distribution$0.20+0.0%Entry 10
The analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading oversold. Over the past year the shares are down 8%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (5 analysts) rates it none, with a mean price target of $2.
2026-10-10Distribution$0.20+0.0%Entry 9
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it D, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 8%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (5 analysts) rates it none, with a mean price target of $2.
2026-10-02Distribution$0.20-75.3%Entry 8
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 75.3% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 8%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (5 analysts) rates it none, with a mean price target of $2.
2026-09-18Distribution$0.81+0.0%Entry 7
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 8%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (5 analysts) rates it none, with a mean price target of $2.
2026-08-19Distribution$0.81+0.0%Entry 6
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: PASS with passing ethical screen. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 8%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (5 analysts) rates it none, with a mean price target of $2.
2026-07-19Distribution$0.81+0.0%Entry 5
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 8%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (5 analysts) rates it none, with a mean price target of $2.
2026-07-18Distribution$0.81+0.0%Entry 4
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns. Our composite framework grades it C, carrying a low risk profile. Technically it is sitting below its long-term trend line with momentum reading bearish. Over the past year the shares are down 8%. Our forward projection puts the odds of a 10% gain over the next month near 22%. The street (5 analysts) rates it none, with a mean price target of $2.
2026-07-15Distribution$0.81+0.0%Entry 3
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns.
2026-07-03Distribution$0.81+0.0%Entry 2
Our analysis reads distribution. Smart money appears to be selling into strength. Institutional holders may be rotating out. Price has moved down 0.0% since our last review. Ethical screening: FAIL. This security does not pass our values-based screening criteria. The risk-adjusted return profile shows negative risk-adjusted returns.
Each entry above was written on its date, before the outcome. A journal you can prune is not a journal.
What Holding Actually Paid · Price Plus Dividends
If $1,000 had been placed · historical, not a promise
Period
Price then
Price return
Divs per share
$1,000 became
Total return
1 month
$0.86
-1.2%
·
$988
-1.2%
2 months
$0.75
+11.9%
·
$1,119
+11.9%
3 months
$0.79
+7.6%
·
$1,076
+7.6%
6 months
$0.83
+1.2%
·
$1,012
+1.2%
1 year
$0.92
-8.2%
$0.03
$947
-5.3%
2 years
$1.01
-16.0%
$0.05
$887
-11.3%
3 years
$0.78
+8.1%
$0.06
$1,159
+15.9%
5 years
$0.85
-0.1%
$0.08
$1,099
+9.9%
Historical returns from market close data. Past performance does not guarantee future results.
The Ledger's Promise
This entry now belongs to the ledger. Whatever 0138.KL does next, these words stay.
My EG Services · 0138.KL · Markup · $0.20
Recorded 2026-09-21 · before the outcome · scored mechanically