After stagnant for so long, most investors here have strong holding power. They won't let go easily. Individually it is a question of selling and reinvest in other goreng counters only thereafter make or lose is totally different matter.

This counter is like fishing in deep sea...have to wait for days and nights just to land that big fish.

Anwar try to invite Muhyddin to negotiate with him just like with Badawi, but no one is biting. Everyone know he is bluffing. No thanks to him for stock market to fall.

CM Sabah sworn in already

Agong making official statement at 6.00pm today.

Hamzah Zainuddin, our Minister of Home Affairs would be back from Sabah this week. Niis will be decided by his ministry.

https://www.theborneopost.com/2020/09/28/grs-announces-hajiji-as-sabah-chief-minister-candidate/

Price had bottomed out already at 255 last week. Now recovery phase on the way up. PN win is good news. Asian market is all green. Sould be good today or next few days.

Bye bye 18 sen...maybe 28 sen open on Monday.

If it really drop to 0.20, I will buy more.

https://www.freemalaysiatoday.com/category/highlight/2020/09/25/investors-brace-for-rough-ride-as-political-twist-jolts-malaysian-assets/

Price already bottom out. Only way to move is upwards.

Question: Does IRIS need NIIS to survive? Or without NIIS, will IRIS go bankrupt? Why yes or no? That will clear your mind whether to buy, hold or sell.

Businesswise, IRIS is on good footing. It is the public confidence on the shares that is affecting the prices. Having said that, no matter how much the prices fluctuate, it does not affect company cash flow unless it pledges its shares to the bank for loans. The only thing that will affect is the private placement which is expected to happen next month.

I cut loss at 275 and 265, keep the rest and it is still dropping. No thanks Anwar. No more votes for you.

With or without Niis, IRIS moves on. It does not depend solely on Malaysian market as it exports globally. Neither it depends on political connections to secure contracts. Its PP resolution is now approved, the company can now issue shares as and when required. Its problematic loss making ventures from Stamford College to renewable energy had been chopped off. It is marching forward...

Looks like rebounded 0.29 now

Myeg director is Umno Supreme council member, Datasonic connection to Zahid and its Chairman is Tun M brother in law. Iris is neutral to all. :)

Iris do not need Niis to survive. It had been proven since Dsonic took over the chip supply in 2016. Simply cos it has its own patented designs that is wanted worldwide.

Panic selling by contra players.

Politically connected counters like Destini badly hit today. Is Iris politically linked?

Good thing Iris had diversified to international markets, so I forsee local political conditions will not affect the business badly. Anyway, Iris has its own markets and proprietory products.

Dsonic -7.0sen, Myeg -7.0sen, Iris -6.5sen

Minister of Home Affairs in Sabah..how to announce?

I just bought again :)

Today agm resolution is to enable company to issue shares for PP without agm/egm. This means until now, PP cannot be done yet unless got shareholders agreement, even though Bursa gave approval already. After today passing of resolution, prices sure shoot, cos anytime can raise funds based on average prices of the day.

Bursa very red

Price will go up if not directors get whacked in agm hahaha

One stop center is best for any new product development. If in a consortium, you need interfacing and cooperative interaction between parties to make things work seamlessly.

For every MYeg share, you can buy 3.5 Iris shares with the same amount of money. So go figure what you want to buy. Happy investing.

Mari mari.. 20. Papa loves you.

No eye see

Until the Fat Lady sings..I don't believe any of these talks. I prefer to look at the fundamentals of the company and see how they go about business. And I think IRIS is doing all the right things.

Hopefully it turn out to be a cash cow project.

Always fact check on a public forum. Never be afraid to point out the truth.

Nawa.maybe .they now looking for ayam goreng. LoL

http://www.id-world-magazine.com/directories/wp-content/uploads/2019/09/Top50ePass2019.pdf

Going through this list, only IRIS is listed in the TOP50 EPassport suppliers. Where is Datasonic, MyEG, HtPadu, Dnex...etc. Am I looking at the right list?

ICAO - International Civil Aviation Organisation
IRIS Corporation is also listed here

https://www.icao.int/security/mrtd/mrtd2/Lists/PartnerData/AllItems.aspx

http://www.id-world-magazine.com/directories/wp-content/uploads/2019/09/Top50ePass2019.pdf

The weaknesses in the myIMMs system are not new, and had been highlighted in the Malaysian Auditor-General’s 2015 Report. Among other things, it said the system was not functioning satisfactorily.
Read more at https://www.todayonline.com/world/asia/15-msian-immigration-officers-sacked-sabotaging-computer-system-kl-airport

This is boom time for Iris with world 2nd largest population using its chips.

Rakuten expect share prices to be on bullish trend R1 @0.40 and R2 @ 0.45

Nawa, Bilis like me no problems in waiting. The company structure is there, it is a ongoing profitable concern. Just buy, keep inside the drawer and go about doing other things. :) May the sun shine on all Iris investors.

Nawa...today is a good day. The sun is out and skies are clear.

Pershing, I totally concur with you. If I may add, normally prenegotiations had already taken place and approved before LOI are issued. It is a matter of technical evaluations only.

PPAP - Pre Production Approval Process is very normal for any large scale supplies especially when it is custom engineered. This is where quality, process control, consistency and performance is carefully checked with capacity to supply within time frame.
As for earnest deposit, no one pay in cash. All use banker's guarantee or if it in cash, it would be deposited in third party stakeholder's account.

Those who are not in manufacturing, please ask.

Start queing to add more

"Made in Malaysia, For the World"

India's IT technology is one of the best around and for them to accept Iris, it means Iris is as good as theirs. The good thing is Iris Technology is patented. That is the real asset of Iris. It is the know how that is worth in gold.

"The Board, having taken into consideration all aspects of the Project, is of the opinion that the Project is in the best interest of IRIS and its shareholders."