Professional Maintenance Engineer to become professional investor in stock market
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2017-10-11 09:54 | Report Abuse
Not fair for you buy at current price as the four parties in the announcement get at more lower price just at RM0.250.... Wait for the lower price.....
2017-10-10 14:08 | Report Abuse
Hope not announce the REV business coming from China cancel....
2017-10-06 15:10 | Report Abuse
Do not get into trap... very high risk previous QR always showed losses. Do study before decide to invest.....
2017-09-27 17:44 | Report Abuse
Base on my study with available data, yes - agree this is a good company to invest for mid/long term.
2017-09-26 11:34 | Report Abuse
As mention in yesterday announcement to bursa, the 6.1mil out of court settlement is NOT going to impact any financial to the company..
2017-09-25 17:21 | Report Abuse
Wow, will further drop.. until all PP share finish dispose. This for sure will take very long time....
2017-09-22 14:04 | Report Abuse
All comment here make me laugh... Ki Ki Ki Ki...
2017-09-21 11:58 | Report Abuse
The above only base on theory and assumption, market sentiment is bad and this will also impact.. mean it will further drop to lower and lower...
2017-09-19 14:13 | Report Abuse
Will furtherr drop... not yet bottom.
2017-09-14 15:57 | Report Abuse
Maintain with a lower TP of RM 0.750...
2017-09-14 13:49 | Report Abuse
carimakan7728 are you sure ?
2017-09-14 12:05 | Report Abuse
Good future company and can invest for long term. For sure the share price moving up...
2017-09-14 11:44 | Report Abuse
This article first appeared in The Edge Financial Daily, on September 14, 2017.
KUALA LUMPUR: Datasonic Group Bhd is aiming to achieve a record-high bottom line for its financial year ending March 31, 2018 (FY18), on the back of contracts it secured from the Malaysian government for electronic passport (e-passport) and MyKad materials.
Its highest annual net profit achieved was RM81.9 million in the financial year ended Dec 31, 2013 (FY13). In 2014, the secure identity and personalisation system solutions provider changed its financial year end to March 31.
Speaking to reporters after Datasonic’s annual general meeting yesterday, managing director Datuk Hanifah Noordin said the government contracts the group secured, worth about RM880 million, will last the company for up to five years.
In its first quarter ended June 30, 2017 (1QFY18), Datasonic’s net profit fell 27% year-on-year to RM15.12 million from RM20.79 million, as revenue shrank 21% to RM60.1 million from RM76.08 million.
Hanifah said the lower net profit was partly due to investment in research and development, as well as lower deliverables for national ID cards and passports during the Hari Raya festive season.
Meanwhile, as Datasonic is supplying chips for passports, Hanifah said the company will be taking over the maintenance of all auto-gates in Malaysian airports before end-September for five years.
“[With this], we will also introduce some new technologies to make them (auto-gates) more efficient and secure, as well as more user-friendly,” said Hanifah. However, he noted that Datasonic is still in negotiation with the government on the contract value for the job.
Moving forward, in line with the company’s vision to be a leading security-related solutions provider globally, Hanifah said Datasonic will be offering its expertise for border control (auto-gate and e-Visa) in Tanzania.
Last year, the group announced it was buying a 67% stake in Global Agency Ltd (GAL), a telecommunications equiment firm in Tanzania. Hanifah said Datasonic, through GAL, will be securing a US$192 million (RM804.48 million) contract from the Tanzanian government.
Once materialised, the deal would contribute up to RM15 million per year to Datasonic’s bottom line over eight to 10 years, said Hanifah.
“The global trend is moving into e-passports and moving into chip-based ID cards. With chip-based ID cards and e-passports, we can also do some business intelligence and big data analytics [such as to] forecast the tourist trend [in Tanzania],” Hanifah added.
“We’re still doing the due diligence because this is our first venture overseas. So we want to make sure our investment is secure and safe,” said Hanifah, noting that Datasonic is hoping for the deal to materialise by end-FY18.
Besides Tanzania, Hanifah said the group is also eyeing ID and polycarbonate data page passport projects in other African countries.
Closer to home, Datasonic is looking to enter Indonesia, where it plans to set up a company in the republic for RM3 million by FY18.
Hanifah shared that the prospects of ID solutions remain bright, and Datasonic is looking forward to leverage the growth China’s One Belt, One Road (Obor) initiative will bring.
“China has invested a lot of money in infrastructure [in Obor]. Once the infrastructure is ready, I think the growth will be enormous. We don’t want to miss [the opportunity] because every country needs passports,” said Hanifah
2017-09-13 12:35 | Report Abuse
Target price by KENANGA only RM 0.750 - already meet and call sell....
2017-09-13 12:23 | Report Abuse
Profit taking... It will go up.. Buy when it still low...
2017-09-13 09:38 | Report Abuse
No wonder this stock price not moving up.. just offer to buy cheap sate... should promote DSONIC ma....
2017-09-12 17:29 | Report Abuse
Nice closing.... will continue up trend.
2017-09-07 17:41 | Report Abuse
Good closing. Wish to continue moving up tomorrow...
2017-09-07 17:14 | Report Abuse
Not bottom yet, tomorrow will be new low record...
2017-09-07 17:05 | Report Abuse
Base on the reporter, Gasoline stations around the state struggled to meet rising demand of motorists anxious to top off their tanks as Irma approached, with some locations running dry on Wednesday. Then SENERGY need to supply the Gasoline ???
2017-09-07 12:08 | Report Abuse
Core business of IRIS is private placement to make profit make me laugh Ki Ki Ki Ki...
At least make profit.....
2017-09-07 11:42 | Report Abuse
Wait for below RM 1.00
2017-09-06 17:44 | Report Abuse
Nice closing,,, 2 days green and this will continue in next 2 to 3 weeks.
2017-09-06 10:17 | Report Abuse
For sure will moving up after AGM, new management more focus with better commitment.
2017-09-05 13:50 | Report Abuse
When QR showed good, price automatically moving up... hope soon will back to above RM1.
2017-08-30 14:48 | Report Abuse
QR just out and show big losses,,, so bad and not improving
2017-08-30 13:54 | Report Abuse
Result just out and it is bad....
2017-08-25 14:30 | Report Abuse
Not so bad as every year or qtr give dividend....
2017-08-25 08:54 | Report Abuse
QR will still show bad and no improvement....
2017-08-24 11:17 | Report Abuse
QR, will still show bad as almost all projects still ongoing...
2017-08-24 11:13 | Report Abuse
Look like all waiting for QR out....
2017-08-16 13:59 | Report Abuse
Already bottom... will start the correction before moving up.
2017-08-11 16:14 | Report Abuse
Market sentiment also bad.......
2017-07-12 16:07 | Report Abuse
The 2 new directors are still young ~44/45 years old and have full of energy to contribute good future for IRIS. The share price will increase accordingly follow the company improvement progress..
2017-07-11 16:06 | Report Abuse
Directors and the family owners keep accumulate and must be good reason they do this...
2017-07-06 10:30 | Report Abuse
Look like directors and the family owners accumulate so much. They plan to privatize soon.. ?
2017-06-20 17:22 | Report Abuse
Yes received, the notification sent by email from Maybank...
2017-06-20 09:41 | Report Abuse
Today get dividend payment...
2017-06-14 14:29 | Report Abuse
bruce551133, why you not appear anymore and support the IRIS stock forum? They all miss you so much as no more UP UP UP ... IRIS.
2017-06-12 11:16 | Report Abuse
Raya coming soon..on a sale now, full of customers..must be good profit and should be higher than last QTR or last Year
2017-06-06 12:44 | Report Abuse
Still high risk... run first with profit taking and come will back later when everything back to normal...
Stock: [BONIA]: BONIA CORPORATION BHD
2017-10-13 10:28 | Report Abuse
1.25 Cent or RM0.0125 Consider reasonable...