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Poised for a stronger 4Q21F

■ My E.G. Services’s (MyEG) 9M21 net profit was broadly in line, at 73%/71% of our/Bloomberg consensus estimates.
■ We expect a stronger 4Q21F, driven by higher take-up for its quarantine management services for incoming travellers, and breath test systems rollout.
■ Reiterate Add with a higher RM1.30 TP, based on 26x CY23F P/E.

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