ImCK, I hope your news 0.60 comes true. I'm holding.

Closed at 0.33 Didn't go down.

Invest is a better strategy.

Why splash cold water when a stock starts to run up?

Good times coming! :)

No wonder KLCI up almost 20 pts!
http://www.thestar.com.my/Business/Business-News/2015/01/21/Clearing-the-air-Treasury-sec-gen-Malaysia-net-importer-of-crude-oil-petroleum-products-since-2014/?style=biz
PUTRAJAYA: In a surprise turn of events, the Government has disclosed that Malaysia is a beneficiary of declining crude oil prices because the country is a net importer, and not exporter, of the commodity and petroleum products, if liquefied natural gas (LNG) was not in the equation.

In news today:
http://www.thestar.com.my/Business/Business-News/2015/01/21/Iris-shares-up-after-new-development-plan/?style=biz

Iris shares up on new investment plans
Wednesday, 21 January 2015

KUALA LUMPUR: Shares of Iris Corporation Bhd rose at mid-morning on Wednesday after it planned to invest RM130mil in a property joint venture with Technology Park Malaysia Corp Sdn Bhd in Bukit Jalil.

At 9.56am, Iris was up 1.5 sen to 32 sen with some 25.85 million shares traded between 31.5 sen and 32.5 sen.

The FBM KLCI was up 5.89 points to 1,756. Turnover was 501.11 million shares traded valued at RM260mil. There were 234 gainers, 155 decliners and 250 counters unchanged.

Iris Corp said on Tuesday it had signed a teaming agreement with Technology Park to combine their resources to develop, build and manage a proposed residential development project on a parcel of land in Phase 3 TPM Bukit Jalil.

“This project will further synergise the efforts of the company and TPM in creating a holistic technology educational hub proposed to be established in TPM Bukit Jalil,” it said.

TPM is a government agency under the Ministry of Science, Technology and Innovation (MOSTI). Its core activities are to provide a comprehensive technopreneur and enterpreneurship programmes for industry clusters in ICT, biotechnology and life sciences and providing advance engineering, ICT and incubation services.

Business NewsHome › Business › Business News
Iris Corp plans RM130m property venture in Bukit Jalil
Tuesday, 20 January 2015

KUALA LUMPUR: Iris Corporation Bhd plans to invest RM130mil in a property joint venture with Technology Park Malaysia Corp Sdn Bhd in Bukit Jalil.

Iris Corp said on Tuesday it had signed a teaming agreement with Technology Park to combine their resources to develop, build and manage a proposed residential development project on a parcel of land in Phase 3 TPM Bukit Jalil.

“The company proposes to invest in an initial investment sum estimated at RM130mil for the implementation of the first phase of the project.

“The estimated investment sum will be utilized for the project subject to and conditional upon the procurement of all approvals, fulfilment of conditions precedents and terms and conditions under the agreement,” it said.

TPM is the beneficial owner of the land and it will provide 28.89 acres for the project. TPM shall sub-lease the land to the special purpose vehicle at a nominal consideration for the purpose of the project.

“Iris Corp shall play the role of investor, contractor and developer and shall inject and provide the investment to construct, develop, complete and manage the project at its own costs and expenses,” it said.

Iris Corp said the JV would enable it to expand its business by constructing residential accommodations (including but not limited to town houses and hostels) and high rise apartments using the IRIS-KOTO Industrial Building System (IBS). The target market for the residential units would be students.

“This project will further synergise the efforts of the company and TPM in creating a holistic technology educational hub proposed to be established in TPM Bukit Jalil,” it said.

TPM is a government agency under the Ministry of Science, Technology and Innovation (MOSTI). Its core activities are to provide a comprehensive technopreneur and enterpreneurship programmes for industry clusters in ICT, biotechnology and life sciences and providing advance engineering, ICT and incubation services.

If you go thru the newspapers, contractors whose building are badly damaged by the flood have to repair it for free. So much for good news for these contractors.Building suppliers like Iris gets more biz. :))

Repair works maybe under other categories contractors but those contractors need to buy building materials from iris. Thats where the catch is mahh! Hehe...

Shhh.. don't talk too much. Will come, will come! Just buy!

www.thestar.com.my/Business/Business-News/2015/01/06/MD-buys-Iris-Corp-shares/?style=biz

I read some old articles, Datuk says he would consider selling only at rm2/- ! :) I'm going to hold long term since all news so positive. Today's news:
http://www.thestar.com.my/Metro/Community/2015/01/17/Tenyear-master-plan-to-boost-tourism-in-KL/

Anyone can tell me the biz of this counter. Does it really have anything to do with biodiesel to be sold in east malaysia end Jan ?

Why need to hold so long?

This counter sells biodiesel oil? Monopoly?

Let's hope next week there'll be good news from our PM. Everyone is calling the government to give top priority to flood reconstruction programmes. Expect IRIS Koto to get biz for such nation wide exercise.

http://www.thestar.com.my/Business/Business-News/2015/01/17/Revisiting-the-national-budget-Government-needs-to-revise-2015-fiscal-spending-priorities-on-falling/?style=biz

According to Hong Leong Investment Bank (HLIB) economist Sia Ket Ee, the Government will likely need to fork out an additional RM1.5bil for the flood reconstruction and rehabilitation programmes for the affected states on top of the RM1bil already budgeted for flood-mitigation plans this year. In his research note, Sia states the new allocation will likely comprise RM500mil as cash handouts for affected households and RM1bil for rebuilding works.

http://www.thestar.com.my/Business/Business-News/2015/01/17/Critical-spending-cut/?style=biz
The Government should revisit the list of projects and fine-tune it,” says independent economist Lee Heng Guei, noting that non-critical projects should give way to funding the reconstruction of flood-hit areas.

Pls read this:
http://www.thestar.com.my/News/Nation/2015/01/16/applications-opened-for-pr1ma-houses/

IRIS is connected to Pr1ma, isn't it? I found the below and try to connect the dots.
http://eresearch.bursamalaysia.com/download.aspx?id=13425&type=research

www.thestar.com.my/News/Nation/2015/01/16/Pleasant-surprise-over-passport-fees/

In a free market anyone can sell. If Exit early untung less.

Imho, not high risk le this counter. Just must be patient. Can earn good money. :)

Alot of investors predict iris will be darling of Klse 2015. I hope so! :) Together we prosper, OK!

According to my analysis : Next week 0.38 and above ! before CNY 0.50 wet wet water...hihihiii..

I like this ctr. Everyday got good news!

Good volume!

klse.i3investor.com/blogs/starstockmalaysia/68346.jsp

This counter very funny. When I don't expect much,it goes up. When I expect it to go up, it doesnt move. Haizz, I go back to work. Will check day end results.

Sikit2 jadi bukit. I dont mind everyday up abit.

Listen closely to what was reported here ;)
Check out this video on YouTube:
TV3 Nightline: Malaysia Government Bringing 21st Century Development to Rural Areas
http://youtu.be/2zt3dajI-8Q

Also Check out this video on YouTube:
Green Insights @IGEM2013 - IRIS KOTO Industrialised Building System
http://youtu.be/-Xai81HSBwM

Same home building video for those using mobile devices. ( Discovered I can't open the above using my handphone..)https://m.youtube.com/watch?spfreload=10&v=5Npxw3WHO1s

Sorry, pasted Rimbunan kaseh video up pulak...
Check out this one for home building!
https://www.youtube.com/watch?v=5Npxw3WHO1s&spfreload=10&app=desktop

You are welcome, guys!
Wanna see how iris build a house? Found this video at youtube, enjoy! https://www.youtube.com/watch?v=JjsOBnNKq8Y&app=desktop
They did it in just 14 days!

Highest last year how much?

Highest last year how much?

More on the Rimbunan Kaseh /Koto system.
http://www.kotocorp.com/poverty.html

I googled and found this:

Rimbunan Kaseh was built to serve as an example of how to address rural poverty issues by promoting environmental sustainability with technology. IRIS Corporation Berhad, the renowned innovator of smart technology solutions is the main contractor of Rimbunan Kaseh developments in Malaysia.

The project is also in line with Malaysia’s Government Transformation Plan (GTP) to improve basic rural infrastructure and to raise the living standards of Lower Income Households (LIH). In addition, it is also in line with the issues brought up during the RIO+20 Conference, that is, to have food security and sustainable agriculture and to build sustainable cities and human settlements.

The Rimbunan Kaseh solution is designed to be a fully self-sustaining Smart Village comprising houses, public amenities such as a resource centre, handicraft center, surau, multi-purpose hall, children’s playground, shops and a sustainable integrated farm. These houses with modern amenities are built using the IRIS KOTO Industrialized Building System (IBS), a fully integrated building system using fire-retardant, rigid cellular insulation and fibre-reinforced coating components. IRIS KOTO homes are also energy-efficient and environmentally-friendly.
In every Rimbunan Kaseh project, we are taking agriculture to new levels by integrating crop and livestock cultivation via IRIS Sustainable Integrated Farming System. This system begins with aquaponics to culture fish and the filtered fish tank wastewater will be used to irrigate vegetables, plants and fruits. The plants are grown with IRIS Autopot hydroponic system which has a Smart Valve that automatically detects moisture levels and releases water as required. Finally, worms and insects from plants composts are fed to free-range chickens. This system optimizes nutrient absorption, minimizes wastage and enable crops to be grown in previously non-arable land.

IRIS hopes to work with governments to build thriving sustainable integrated farming communities across the world so that the shadow of poverty can one day be lifted.

- See more at: http://www.gsiac.org/index.cfm?&menuid=4&parentid=18#sthash.Jilb4YaD.dpuf

Omg, DJIA up 323 pts!

Meaning DJIA up, iris will fall abit. But if DJIA drop kaw kaw, iris will go up like rocket ( fr 0.25 to 0.34) ?! Then, I want DJiA to drop lol !

With DJIA +300 pts sure rally one!

DJIA +250 now! Yippee!

DJIA above 200 pts now!

DJIA flying! :)

Btw DJIA flying again!

No worries. I've my own investment strategies. I don't simply listen to nonsense.

I want to seek advice. Better buy warrant or mother. Which one will go up faster and earn more money?

Hope tonight DJIA go up again.

Why r u here then?

Hahaha! We shall see! If go up tomorrow, u don't chase ohh.. :)

Iris top 5 in volume today. Not bad.