Luxp: Don't worry X...already your comment saw by every one....

Good Morning Mike: Congrads!. All the best for your new opportunity to your future life!, I know earlier when you sharing with OTB in other counter!. I think he request you to continue posting in I3...

Becareful with iris counter...swingtrader comment in iris


zu1967: Esegaban. Yes agreed with u. Why swingtrader did not just tomorrow instead of tomorrow morning. Did he know something we do not know? Or he just does not want to share. Takut kena marah ki ki ki
12/02/2014 20:06

Stock: [IRIS]: IRIS CORPORATION BHD
Feb 12, 2014 08:33 PM | Report Abuse

Zu1967. Simple answer i do not know. I bought only 1000 lots today just because i saw 2 sen techical rebound only. I also do not know why it shot like hell. Sorry bro. I can say something i am not confident. Quite confident will up tomorrow morning. But for how long. Whether it can sustain or not. I really dont know. Just see how is going to happen tomorrow.

31153115 knm is back mike and other sifu any comments??

Answer to: 31153115: Read earlier comments by Mike......

mikekong55 wrote to.... tuck2. my advise don't buy back the same counter after you've dispose and profited. very dangerous,can trapped you for year.let those who bought high to sell higher.don't look back go look for other stock;you'll be save. in stock market'you got to follow your heart don't be greedy. make profit sell and hopefully can sell into strength and make more.one important thing always remember"BUYING DON'T NEED SKILL;BUT DO YOU KNOW WHEN & HOW TO SELL". follow your heart no matter how small that little profit just take it and you're a happy man.
11/02/2014 22:10

iris takeover versatile......
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1433669

iris another news......may be tomorrow fly!
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1537593
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1537665

Hepi, PSD57.....look at puncak....something brewing.....

Iris acquisition of new company....
http://www.bursamalaysia.com/market/listed-companies/company-announcements/1537177

iris cross @ 0.475 sen

Hepi, PSd57...look at E&O....

We thank to all sifu and experts comments here....

hepitrade: bro I got Ikan (pelikan) @ 0.725.....

Congrads Hepi/psd57/Mike.....great job....

Good morning mike.... How is the trend infotec.....

Thanks hepitrade

Mike: infotec.... I need your advice whether keep or cut loss!

Huh...infotec keep on droping to 0.52 sen...

Hepi Bro: infotec any technical rebound...please check for me...

Thanks Hepi...You are right!

Not yet...

Good morning all experts here. Thanks mike... Infotec I will closely monitor to come out.

infotec 0.68 and 0.65 sen... avg. 0.665sen

Pop8872: I traped in infotec....tomorrow cutloss...

Hepi bro: how is silk trend....

Richmond168: infotech...any idea

infotec....droping...any idea bounce back...

psd57: new tp @0.87 sen for silk....read this link
http://klse.i3investor.com/blogs/kltrader/46056.jsp

Mike: waiting for your sell call for infotec...

infotec ...swing..up now!

Mike: infotec downtrend...

Ok...Thanks PSD57

no...bought @ 0.765 sen

Silk selling @0.745 sen now...

psd57: silk moving....up!

Mike bro: So many followers here for you....It's Great!. Thanks to Mikeong/Hepitrade/PSD57.

Ronaldo96: I think go to this link and login with your FB ID.
https://www.facebook.com/trendfollowingmalaysia

Mike Bro: I read all your postings....please continue to write in I3 and kind request please do not stop writing here....

Mike bro: How is GHLSYS for contra...Monday EGM!.

swingtrader: Thanks for your info...I think this is the one right!

http://www.amazon.com/Its-When-Sell-That-Counts/dp/8170945615

about iris.......info sharing......

IRIS Hour Chart WARNING.

Seems like we won't see IRIS breaking out from its RM0.470 critical resistant. Hour Chart price signal going for a SELL signal.

Start profit taking if you are trading short term.

IRIS breakout from RM0.470 will be seen more favourable re -entry point.

Happy Friday!
www.trendfollowingmalaysia.com
Like · · Share
Top Comments
8 people like this.

Trend Following Malaysia Iris current important resistant is at rm0.470 - rm0.475. A higher target price will only be set again once IRIS broke above its important resistants. We shall wait for it to happen as it is too early to set a higher target price now as it may mislead the readers catching iRIS that can lead them to a price reversal when it fails to break the resistants.
Like · Reply · 2 hours ago

about Iris....
IRIS Hour Chart WARNING.

Seems like we won't see IRIS breaking out from its RM0.470 critical resistant. Hour Chart price signal going for a SELL signal.

Start profit taking if you are trading short term.

IRIS breakout from RM0.470 will be seen more favourable re -entry point.

Happy Friday!
www.trendfollowingmalaysia.com
Like · · Share
Top Comments
8 people like this.

Trend Following Malaysia Iris current important resistant is at rm0.470 - rm0.475. A higher target price will only be set again once IRIS broke above its important resistants. We shall wait for it to happen as it is too early to set a higher target price now as it may mislead the readers catching iRIS that can lead them to a price reversal when it fails to break the resistants.
Like · Reply · 2 hours ago

Mike: I think this is the link...if not mistaken

http://trendfollowingmalaysia.com/

Iris moves to get rid of from past...read this link

http://www.thestar.com.my/Business/Business-News/2014/02/08/Iris-moves-to-shed-its-past-Observers-say-having-Felda-as-major-shareholder-sparks-renewed-interest/

B/f.....Star BIZ news..

Banking on Smart Village

Besides completing the value chain, he emphasised on sustainability. Naturally, it will grow its sustainable development division.

News of the company venturing into property raised eyebrows when it first emerged.

This technology firm is building houses and in markets that are not popular among listed property developers.

“Building houses is not something new to us. In fact, we have been building houses since two years ago with our pilot Rimbunan Kaseh project,” he says.

After the maiden project, it is replicating the format in other parts of the country.

There are six upcoming Rimbunan Kaseh projects while it is also collaborating with Felda to implement Sentuhan Kaseh in six different sites.

Rimbunan Kaseh is funded by the Government while Sentuhan Kaseh is funded by Felda.

TA Securities wrote in a note that the potential from new jobs from these projects could amount to RM411mil in the immediate term.

“Assuming RM5mil worth of farm produce in each farm, there will be some potential; income of RM75mil recurring each year,” it says.

According to Tan, these projects have changed the lives of many rural poor as they created jobs and provided a conducive living environment for the community there. He coins the template as “Smart Village”.

The smart village is essentially a housing project that consists of integrated sustainable farms, amenities and affordable housing where the community will live, work and spend their leisure time within a self-contained environment.

The farms employ its food and agro-technology system while it uses the KOTO industrialised building system to build the houses.

He claims that the costs of building the houses are lower and the time required shorter due to the advantages of the system. It took six months to complete the housing development for the first Rimbunan Kaseh project which saw 70 units being built.

As for its trusted ID business, he says the company aims to get jobs from a new country. It has clients in more than 25 countries.

In the second half of 2014, Tan says it wants to market itself so that people will know what the company does. He declines to elaborate.

“We didn’t know how to sell ourselves, which was why we did not take off as well as we could have been,” he says.

Star Biz News

http://www.thestar.com.my/Business/Business-News/2014/02/08/Iris-moves-to-shed-its-past-Observers-say-having-Felda-as-major-shareholder-sparks-renewed-interest/

BY NG BEI SHAN

THE stigma of Iris Corp Bhd may be hard to forget. Recall in 2006 when the passport-chip maker was in the crosshairs of the Securities Commission which designated the stock after the speculative frenzy that sent the company’s shares from 8.5 sen to RM1.37 within a few months.

After that episode of relentless regulatory supervision, the stock slipped from the minds of investors.

But early this year, the counter has sprung back into life and has risen some 60% from the end of last year to 44.5 sen by mid-January. It closed at 45.5 sen yesterday.

Some dealers and analysts opine that the Federal Land Development Authority’s (Felda) entry as a major shareholder is one of the catalysts as investors expect more collaboration and synergies between the two going forward.

Better financial state

Unlike the days when its share price was heavily driven by speculative buying, the company’s revenue has been growing steadily since the financial year ended March 31, 2007 (FY07). Profits grew from RM7.5mil in FY07 to RM40.8mil in FY12. It took a breather in FY13 as profit after tax fell more than 50% to RM18.4mil.

In an interview with StarBizWeek, group managing director Datuk Tan Say Jim, who is an accountant, says the company invested heavily in research and development in the previous financial year and hopes to reap what it sowed in the next two years.

He also says the company’s cash has improved after placing out shares to Felda.Bloomberg data shows that it has a negative cash from operations of RM27.52mil and capital expenditures that stood at RM91.25mil, resulting in a negative free cash flow of RM118.77mil as at Sept 30, 2013.

Iris received an offer from Felda to subscribe for up to 394.1 million new shares, representing 25% of its issued and paid-up capital, at 28 sen a share.

Through the placement, it raised RM110.3mil last August. From that amount, Iris will utilise RM30mil to repay bank borrowings, RM25mil for capital expenditure and RM47mil as working capital.

Growing all divisions

With a market cap of about RM887mil, Iris has grown from providing identification chips for passports and today has seven divisions: Trusted ID, payment and transportation, food security, environment and renewable energy, KOTO industrialised building system (IBS), sustainable development and education.

The question of earnings dilution and attention for the businesses that appear overly diversified was well-handled by Tan. After all, it was better known as the e-passport maker but going forward, he expects the other divisions to contribute much more significantly to its top and bottom-line.

If Tan has to describe the company in a word, he says he will call the company a technology conglomerate. Regardless of the diversity of its businesses, technology is the common link.

“No conglomerate in this world runs on a single business… If we think that the business is profitable, why don’t we do it ourselves?” he quips.

Why did he wish to expand the company in such a manner? It was “greed”, he retorts, adding that he wants to optimise the resources and opportunities available.

The entrepreneur quotes an example of how the company will be able to make the most out of a fruit tree it plants using its autopot system.

He explains that a rejected fruit that has a dent cannot be sold to wholesalers or customers; hence, it would be cut into pieces and be sold in its cafeteria called Café Kaseh. Some of the fruits that are not ripe or sweet could be made into jam or other processed food.

Even the peels of fruits could be processed into animal feed for the chicken or fish it rears at the sustainable farm so that nothing goes unused.

Foreseeing that its food business could grow bigger, Tan said that was why the company bought over Versatile Creative Bhd. “People said, Tan Say Jim, you must be crazy! Why would you want to buy a packaging firm which is unrelated to your core business?” he exclaims.

That is the reasoning he has for all its businesses, completing the value chain, something he learnt when it created the e-passport.

Being the pioneer in covert security in the identity document, he says it was the whole solutions that complement the e-passport that makes it valuable.

contd.......

Silkhld financial assistance announcement....

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1533021

Mike Bro: Thanks TADMAX in @0.535 and out @0.555; got small ang pow!

Hepitrade: Thanks any counter for tomorrow....

Thanks psd57/hepitrade/mikeong

psd57: how is silkhld trend...