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2016-07-20 16:44 | Report Abuse
The most it will go to p.e. 60. Currently already p.e. 55.
Actually very slow growth biz.
The requirement of PIN bases terminal??? How that will effect them...who gone pay for it?
New cheaper technology will replace expensive Hypercom or Verifone terminal...potential treath. More online biz will erode their potential earning.
2016-07-19 14:54 | Report Abuse
Sorry some of you (i wanted to say something here)....and are not focus on your investment and infomation that I wanted to share in i3.
If I wanted to talk about Dsonic I will write in Dsonic forum, what make you think I can push up Dsonic price by pressing down or to spread bad rumours abt Presbhd ??? There are thousands of other stock out there. I am not promoter for that one particular stock.
Ok since you touch abt Dsonic...I am not worry abt that stock....it only traded at p.e. 27 and has over RM1B book order....most of it secured recently....going to start in december this year....so it will bring down futher their p.e. very soon....so it a bargains now! Their price currently does not take into consideration (speculation) whatever project they are bidding/lobbying....certainly not this project. Unlike presbhd and currently traded at p.e. 60. (From 90 plus..when I started to talk) and no contract in hand
All this while what I am saying they are serious contenders for the project along with other cos...including 5S, HiTech Padu etc.
Why I write???....I think the management of this co....are not honest...I think it mislead investors....the infomation regarding the project cancellation or scale down was available several mths before it finally come out in newspapers. They fails to give timely update regarding the project or give proper profit guidence.
This will be my last comments...good luck.
(After i share the link below from umno blogger)
2016-07-14 11:41 | Report Abuse
Should sell all the way, and stay out!
Any technical rebound will be good opportunity to sell (obviously because rsi already low, but it can go lower and stay there for a while especialy with such a high valuation co).
I believe it will stay at 1.40 for sometime, because 1.60 are not strong. Imho.
2016-07-14 11:23 | Report Abuse
After more than 2yrs goreng sampai hangus, there are nothing to goreng somemore ( No catalyst ).
100M revenue projected earlier are not happening. Boss are busy with other co.
But Myeg connection for project .....i believe still good....unless they are not in good book for someone.
2016-07-12 10:21 | Report Abuse
New normal for many of stock.
Look at Myeg and many more stock...
Avoid high valuation stock and low liquidity....you will find it slides faster than the others....no buyer when you want to exit.
2016-07-12 10:14 | Report Abuse
Don't hope for classic V turn rebound. This stock is weakening slowly, thousands are exiting...wish they coulď sell earlier...so any attempt on rebound will be hammer by seller! After more than 2 years none stop goreng....now it might settle at 1.40....new normal?
2016-07-11 17:33 | Report Abuse
Right bro. The smaller package isn't helping. The only reason people speculate this counter until p.e. 90 plus is because RM6B project ! I fear it will go down to reasonable p.e. of 25...i.e. half from current price?
Don't tell me people buy because of bleeding university biz? Supply of microsoft licences, conducting AutoCAD class, Internet citizen
responsibility class, O&G training at sick Pengerang project.
2016-07-11 17:03 | Report Abuse
Don't count on Epf etc....they can't influence price. They probably don't bother as they can be very long term investor.
2016-07-11 12:07 | Report Abuse
Don't buy now, next 5-10days are crucial. It might trigger big sell signal.
2016-07-09 07:29 | Report Abuse
Should wait for next few days before you write.
I am sure many genuine investors benefit from i3.
After many months.... It has been comfirm and you are amongst few people.....in state of denial while others already covering/protecting their capital.
http://www.thestar.com.my/business/business-news/2016/07/01/smaller-packages-for-immigration-job/
2016-07-08 16:17 | Report Abuse
I asked to sell when it was RM3.09. against several co assurance (PC), Research House, Uncle Z, signing ceremony, Kwap, Fund Manager etc.
Already told months ago...that RM6B project are not there.
And now......I doubt they will even get RM400M project.
I never claims any co. will get this project....too sophisticated project! (Many factors just like fuel subs. project)
For laymen thinking Unisys is their advantages; but for me thay are more a burden for Presbhd.
The fundamental of the co. will not support the price...It can't be value at RM1B.
Potential to drop near RM1 @ P.E.30. (Still think 30 are high....maybe 25 or lower)
2016-07-08 16:11 | Report Abuse
I asked to sell when it RM3.09. against several co assurance (PC), Research House, Uncle Z, signing ceremony, Kwap, Fund Manager etc.
Already told months ago...that RM6B project are not there.
And now......I doubt they will even get RM400M project.
I never claims any co. will get this project....too sophisticated project! (Many factors just like fuel subs. project)
Unisys are more a burden for them.
The fundamental of the co. will not support the price...It can't be value at RM1B.
Potential to drop near RM1 @ P.E.30. (Still think 30 are high....maybe 25 or lower)
2016-07-06 07:24 | Report Abuse
I don't believe my comment's.... in any way can influence govt. contracts, their business or their stock price/performance.
Just think......probably more people know the truth.....and you can see it in the share price.
Any technical rebound will be your opportunity to sell. Will be RM1 if P.E.30.....infact 30 is already consider higher.
2016-07-01 17:05 | Report Abuse
P.E. 53 consider high if compare with industry.
2016-07-01 11:30 | Report Abuse
Won't exceed RM1.55 until next events.
2016-07-01 11:28 | Report Abuse
http://www.thestar.com.my/business/business-news/2016/07/01/my-eg-slips-early-friday-after-cimb-research-cuts-target-price/
Told already rehiring a failure. Big time!....projecting RM100M aisyehman !! And sogoes with their phone sim card etc.
2016-06-29 21:23 | Report Abuse
In that case the max will go is 1.52.
2016-06-29 10:10 | Report Abuse
Datasonic is the largest supplier. Emm.....if not mistake ...
maybe 7-10 banks.
2016-06-28 16:13 | Report Abuse
I told already market will recover fast. Although the result surprise everybody but many investor especially professional manager are well prepared; this event are expected. I loose a bit on my Sterling pounds but not much. ..only my holiday budget...
I don't think we will have market crash when interest rates and commodities at the lowest !
2016-06-28 15:09 | Report Abuse
Drop because weak profit guidance from mgt.
2016-06-28 10:50 | Report Abuse
Very difficult to make money from V.T or A.K. ( .... ) The news he will inject Umobile to redtone as been going on forever. Without that, I don't think the business model are sustaining.
2016-06-28 07:49 | Report Abuse
Soon or later it will adjust to the industry valuation.
If Myeg is a benchmark it will go to RM1.40
2016-06-28 07:39 | Report Abuse
Presbhd P.E 60
Iris P.E 59
Ghlsys P.E. 46
Myeg P.E. 42
Dsonic P.E. 26
Ock P.E. 25
If Myeg is a benchmark. ....it can drop to 10sen.
2016-06-28 07:23 | Report Abuse
Presbhd P.E 60
Iris P.E 59
Ghlsys P.E. 46
Myeg P.E. 42
Dsonic P.E. 26
Ock P.E. 25
2016-06-21 16:40 | Report Abuse
Not only bought some more. I also bought sterling pounds.....mostly sold out.
2016-06-20 10:03 | Report Abuse
Umno brilliant strategy...working very well; bought over PAS!
Buy the top leader...offer some concessionary to please low ranking member. Blame Dap and other.
Or maybe Pas are realistic on their objectives and futher split in malay voter. Whatever it is will definitely kill the oppositions forever !
2016-06-18 12:12 | Report Abuse
No announcement....or not yet. I don't assume but I know. Either bring forward or new additional order. More likely new additional order.
2016-06-17 12:51 | Report Abuse
Won't happen, especially when employees received warning letter from employers like Unilever, Airbus etc...that they might lose their job if Brexit happen.
2016-06-17 00:53 | Report Abuse
Posted by Pavillion on Iris Forum> Jun 17, 2016 12:49 AM | Report Abuse X
Dream on. Those tak boleh pakai from Iris. Dsonic just got the contract and they haven't supply yet to Immigration. Their LOA start in Dec 2016, now govt. want them to supply earlier then that. Up up up ki ki ki
2016-06-17 00:49 | Report Abuse
Dream on. Those tak boleh pakai from Iris. Dsonic just got the contract and they haven't supply yet to Immigration. Their LOA start in Dec 2016, now govt. want them to supply earlier then that. Up up up ki ki ki!
2016-06-16 12:13 | Report Abuse
I don't know about goreng or not. I think it better for us to stick with strong fundamental stock in this market conditions. So many people die with goreng stock.... with no opportunity to get back their investment. At least strong fundamental stock will raise back once the sentiment improve. At the end the numbers(result/performance) are real.....that what investor willing to paid for. What Brexit or Fed interest rates got to do with long.....secured government contract?
. ...imho...Malaysia market are mostly domestic market, our Bank are strong (Maybank,Cimb Malaysia are doing well except their Indonesia, Thailand etc).....Malaysia has no unemployment problems....as long as people got jobs...they can pay their's loan...beside BNM has been tightening bank credit for several years......if you can't afford, you can't get loan....you will not default.
When everybody expected....a situation...like Brexit......it won't turn to a drastically......what market fear is surprise! Don't worry even if we are not prepare for it......a lot of professional manager sitting on cash are prepare to seize the opportunity. ..therefore will be rebounds again. ...perhaps they will quickly cover their short positions. I can't think it will be market crash...when the interest rates are so low......go and study charts on interest rates and market crash relations......just my humble opinion.
About Brexit....when in doubts....uncertainty ...on the impacts Uk leaving EU......people will vote for safety...no way they will risk their jobs etc. Same like us here in Malaysia....no matters how mad we are with the govt. ......when came to vote....they will create doubts in opposition ability for stability and security ( I think it true because they are no dominant party, only dominant figure and he is in jail).....we will choose govt. again......it not easy ....in multi racial.
2016-06-16 10:48 | Report Abuse
They haven't start supplying.... What Immigration has now is from Iris and Percetakaan Negara (old stock).
Last mth, I said they have shortage of chip, which they will now most probably will take from Dsonic. Waiting for new additional contract now. The delay also because Immigration placing/training with new equipments.
So will be better quarter ahead.
2016-06-14 20:16 | Report Abuse
Have money... will make more money sissh !
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5123869
2016-06-14 15:51 | Report Abuse
Whatever it is, nothing will change drastically.
More like Y2K worry and grexit. When they are so many doubts especially about their jobs they will choose to stay....same like us....when BN create doubts on oppositions on security etc...we choose BN finally.
2016-06-14 15:31 | Report Abuse
Only Kenanga warrant play like bangsat !
2016-06-14 15:06 | Report Abuse
Haah next Johorexit ! Najibexit bila pulak?
2016-06-14 00:11 | Report Abuse
What kind of corporate news is this??? As supermarket supplier/retailer it is norm for them to be appointed as distributors... etc for many brands/products.
News on Anakku appointment..... hike the price to 5sen??? Amazing !
So now they going to try with Marigold..... another 5sen???
Tmr Roti Gardenia another 5sen???
Pure stupid...that appointment has no value....any pakcik, apek, mamak can be their distributor!
2016-06-13 14:14 | Report Abuse
Brexit just like Y2K, Grexit and many more. Whatever it is nothing will change drastically.
2016-06-13 14:10 | Report Abuse
Actually make very good rebound after double bottoms. Macd still positive. Will climb higher, absorbing 1.35 currently.
Good result, new and renewal contract just secured will ensure double earning. I am waiting for at least 2 more contracts soon. JP Singapore and Credit Suisse buying.. ..normally they only buy after meeting with mgt.
2016-06-13 13:30 | Report Abuse
Share buy back proposal will only hurts the co financial .......unless the have deep pocket to spend .
2016-06-13 12:13 | Report Abuse
It's easy. If you, family member, your friend or your friend's friend haven't use their Mpay Balance Account product.....then you don't expect the co will make money in next 6-12mths, infact they going to spend more money to retails it.....educate....promote....if they spend more money then ...their next quarter won't be beautiful.
I never come across their product in the market beside what have been reported in News paper. This going to be a long process before they see their first ringgit. ...imho.
Stock: [IRIS]: IRIS CORPORATION BHD
2016-08-04 12:59 | Report Abuse
It happens in some co, where the mgt are making money for themselves by inflating project cost etc...making biz within... just to enrich themselves. Like what happen to MAS. It much more easier if the project are oversea project....using 3rd parties intermediary etc. Shareholder left with bones...ki ki ki.