The purchase consideration is to be satisfied in cash and shares," Dalton said. Target price, short term 50sen, long term RM 1.50 after counting 100 million barrels of oil or more, which can potentially contribute to as much as USD2.5 billion in operating profit to Sumatec over the next 10 years,” Dalton said.

Warrant is better,fry while the wok is still hot.

Go any where except Holland. Target price RM 1.30 is at the moon. If sun ,may be RM 2.00.....

Chinese saying,"After bitterness is gone, sweetness will arrive"

http://www.theedgemalaysia.com/business-news/298352-pms-brother-joins-sumatec-board.html.Tommorow sure up after this news....Huatlah..

I only bought the warrant but warrant don't move much yet.

KNM is EPF pet now. Will go above RM 1 tomorrow... huatlah

Iris is our Fixed deposit.Its warant is quite cheap now.Looking at the mother's strength in these 2 days,it should go above 30sen soon.

Iris not contra counter. Current price is worth keeping. Wait for good news. Coming soon. More project coming after puasa. At this moment,hibernate and wait for spring.

Court case between MRCB and PKNS already solved but can't move the price. getting 7 billion project should be able to push the price to RM 2.oo soon I hope...

Chinese saying"Sweetness arrives after bitterness is gone" RM 2.00 coming.....

Ini kalilah MRCB..........

Buying Iris is investment,not gambling, Mr Flytothemoon,you cannot see profit straight away.If you plant a durian tree,can it bear fruits after one day?

Hope optimusx is correct bcos I still keep some mother and warrant that I bought last year. reverse and rebound.....gogogo..Iris

Sorry optimusx,I might hav offended you to say contra players will lausai tomorrow. I myself is long term and contra player as well. Bought at 28.5sen yesterday and make profit when sold at 33.5sen.I worry those who hav not taken profit today will be trapped tomorrow.

Tommorow is the slaughter day for contra players. Chased today becos they thought financial report will be very-very good but when they see to nite's report,heart attacklah... Sure lausai.....

Iris lailiaw

If you just plant the tree,you must wait fews years until it bears fruits. Iris is not a pyramid schime company, do not speculate or make fast money from it.

Wah,lloydlim,you scare me. hope to sleep well with the good financial report.

lloydlim, why run when the company is making profit ?

the union too strong .., too much staff benefits and welfare, this company hard to reform la... will q at 5sen.

How to make money? All the family members of their staff can get discounted air fare, too much benefits for staff. They should restructure or learn some business from Air Asia or else MAS will sink together with MH370.

This is a big fish soon. Prepare your net mr.alivetoinvest.

Iris is still in accumulate stage. Just like mr zunanzain said. Don't pluck before the fruits are ripe.

agree with u,Cweed...

The share has broken 96sen gate, soon to break RM1.00.....go--go--go uncle Ben

Prior to the Encorp buyout, FIC has bought a 25% stake in technology company Iris Corp Bhd.

“Iris Corp has a lot of technology and intitiatives in the housing, industrialised building systems and agriculture areas. That’s why we bought shares, so our second generation can learn from them,” Mohd Isa says.

He adds that for Felda to set up its own business will take time as it was not easy for a plantation company to switch to other businesses. “Why not share with those who already have them. It doesn’t matter that we don’t have a majority share (in Iris), it is about trust and to fast-track our growth.”

Need another good news or good financial report to break current resistance of 43sen

mirete101, don't worry about whether Iris can get trs or gst or any other contract. Iris's price is cheap already because of 1 month correction from the hight of 63sen.You should actually accumulate if got money, don't play contra, very risky.

If we study the post from KK123,we can make a conclusion.This guy pre mature sold his Iris share at 15sen and never has chance or guts to get in again because of his "Kiasu" habit. So,always barks and influents people to sell until reaching 15sen so that he can reenter.Very-very bad attitude.

Time to accumulate....

Support at 21sen. Don't panic, this is a strong counter.

To; Imck: datuk tan give tips already "you laugh at me i show you"
This is last round performance since director getting old before retire they will proof to market
engine start........
I think in Malay" Ini kalilah.. Its time to show the world its colour...

Dtk Tan is a genious. He bought Versatile for its food production segment,bought New Zealand mining company to produce organic fertilizer to sell to Felda. Chinese saying, "Fertile water won't flow to other's field".

Bought 100k at 38sen last month,100k last week ago at 36sen and today another 100k at 28sen when market opened. Average still paper lost. I am long term trader. No panic. If drop again, accumulate some more. Profit surely better than mother.

Son is better than mother.

Those said negative comments about Iris can pangsai and sell their sai to Iris and make into organic fertilizer now...lol

Those said negative comments about Iris can pangsai and sell their sai to Iris and make into organic fertilizer now...lol

Iris is still the best....

Buy in May, don't go away.....until TG RM 1.00. Any price under 50sen is a good bargain from the hight of 60sen ++

Hope this news won't be used as chance to dispose by certain quarters.

Accumulate......

Iris is not for contra players. Long term target RM 1.00 when it goes to main board. Have faith.

Today's big drop because somebody made investors scared and dumped share to them and they already knew that tonite will have good news to announce. Very-very cunning...

Long distance can determine good horse,longer days will determine good friend...

Bro 文耀 tries to influent people to sell so that he can buy cheaper.

Tommrow, Dato' Lee will buy another few million share of Iris to push the price higher, perhaps until 52sen...

Won't go up until most contrarian throw away Iris share.When most people say dump or run away,that is the signal to rebound. Recently got many good news but still crawling,should be some people quietly
accumulating at lower price.

slow fire to fry fish.....won't burn.

Ha....ha.. earth quake brings good news to Iris for sure. When PNG is struck with earth quake means many houses were damaged. When this happens, Iris Koto that constructs cheap, strong and fast houses will have big opportunity.... Well that's my opinion,agree or not Iris supporters?