guess it will go for another shoulder, head and shoulder formation after it breaks resistance level....hehe....

from that head & shoulders, iris looks like heading after Shoulder, head, shoulder and now downtrending ?

Ok, kita tunggu lagi.... harap tak payah tunggu sampai share market clash pun belum naik .......

this is a norm in penny stock... it might be the same person who buy / sell....

itu cerita gempak pada sept 2013 lalu..... tapi selepas 7 bulan, tiada lagi cerita gempak lagi, kena tunggu sampai 2015 ...?

hmmm, wait till it breaks 0.15 ? haha....

apa la ni, sudah tidur 7 bulan..... semenjak sept 2013......

if break 0.44 resistance level R1, will reach 0.47 to break resistance level R2 today.....

zu1967 where r u???...)

Versatile creative owned about 6% shares in Iris will be selling off in this week perhaps.... then it will be delisted from Bursa and officially owned by Iris....

this week is first week of May, if really sell on May, please allow those who want to sell after 3rd / 4th week of May when Iris reached >0.6.....

today`s total market volume / value is low / quiet, half day already, only 620 mil volume / RM 430 mil transacted... but good movement for Iris.....Iris itself contributed to RM 10 mil worth shares transacted....

yesterday iris was in top 10 active volume too, but in bloody red.... today finally back to green.... hope it can break 0.5.... bcuz i bought at 0.5.....haha.....

good for those who dare to enter at 0.4 yesterday....

IRIS has the knowledge, the network and the capability to market diatomite for agricultural use and the reasons are as follows:

IRIS already has an Agro Division that utilizes a high technology fertigation farming method to produce high quality, high price fruits and vegetables. The business has been in operation since 2007 and currently operates 5 commercial farms;

IRIS owns a “Waste to Fertilizer Plant “ in Weinan, People’s Republic of China that is capable of producing 23,000 tonnes of organic fertilizer per year. It has a distribution network to market its fertilizer in PRC; and

Malaysia has 5 million hectares of oil palm plantations. The potential requirement for the silica-rich fertilizer in this sector alone is estimated to be 1.35 million tonnes per year.

The Company, with FELDA as its largest shareholder, hopes to be able to sell the diatomite to FELDA’s related companies engaged in oil palm plantations. Further, IRIS has international operations in more than 20 countries throughout Asia and Africa. It can facilitate access to the fertilizer market in these countries.

http://www.thestar.com.my/Business/Business-News/2014/05/03/Versatile-Creative-gains-traction-on-back-of-62-stake-in-Iris/

Versatile is selling shares in iris.... today maybe around 10 mil.... will sell up to 30 mil worth of shares in this week....

arjuna : you heard about its 1quarter result ? poorer ?

many penny counters (<RM 1) got slaughter today, Mpay, binapuri, GOB, asuprem...

27cents is another support level before to 20 and 16 cents support level....

another vis,mnc in the making ?....

the shark is controlling, sell down like no one.....

or maybe today is after yesterday labour day, normally most people will take leave today for vacation till next week.... in next week, when most people in the market, will push its price after knewing such a bargain from today`s low....

maybe world cup is nearing, sold shares to keep money for world cup gambling.....

sell on news ?

http://www.kimlun.com/industrial_building_systems.html

other developers have IBS already, not only Iris....

the housing project will be carried out by Gemilang Land Development Sdn Bhd and ALM Builders Sdn Bhd...... these 2 are not Iris subsidiary companies....

KUALA LUMPUR, April 29 — Malaysia has secured a RM2.9 billion housing project for 12,000 apartment units in Bangladesh.

Special Envoy to India and South Asia, Datuk Seri Utama S. Samy Vellu, received the provisional letter of award from Bangladesh Housing and Public Works Minister Mosharraf Hossain in Dhaka today.

The project will be carried out by a Malaysian consortium of Gemilang Land Development Sdn Bhd and ALM Builders Sdn Bhd under a government-to-government cooperation between Putrajaya and Dhaka.

The Malaysian companies will invest, with the profits coming from the sales of the units.

The project is expected to be completed in 30 months using the industrialised building system, which Malaysia will introduce in Bangladesh. — Bernama

if u r confident about Iris, u would be more happy when it goes down, beause it is time to accumulate more at cheaper price.....

Im a chinese, we r born to be hardworking,competitive due to the number of people in China,it's too large / too many till we need to strive in order to survive for a living, and one of our main passion in life is money, this maybe the ugly side of chinese, this tends to shape chinese to be selfish sometimes, i could only realized this after born as a chinese for decades from reading all sorts of articles or books related to chinese, thus, i would say those were our strength if we enhance the values and not misuse it.

Whether Iris has a strong fundamental or high growth rate, i believe their business model is worth invest into because it is helping the poor by providing shelter and jobs, in terms of environmental friendly, and not doing business for the sake of making money only..

Major funds flow to current hot stocks, dsonic, properties, oil n gas,etc.. once major catalyst being announced for Iris, those funds will be coming back..

Wow,thanks ImCK for the sharing, its autopot tech is impressive, i had attended their interview for identification sector in last few years at bukit jalil, knew they involved in other sectors during the interview, but never thought the other sectors are growing well since then, should have keep monitoring this company, now only realized its performance, hopefully it is not too late and had just bought its shares, looking forward for Iris to be listed in main board soon and wishing all the best for winning the TRS award in the mean time.

MERAH MILANO : we should let CBC to clarify this.... since he`s the big shareholder of TMS....

http://www.theedgemalaysia.com/business-news/286096-syed-mokhtars-altel-signs-huawei-as-tech-partner-for-lte-rollout.html

Altel signed with Huawei for LTE partnership..... when is TMS turn....

the future business trend lies on environmental, renewable energy which Iris is focusing on now....

Iris has the right business model which emphasize on environmental issue rather than its core business in trusted identication, e.g, IRIS Opens Waste Incineration Power Plant in PHUKET in last year, renewable energy, food tech..etc....

i think its directors have some link with ministry / parties related for the TRS contract award..... some rumours saying MPay is very likely to be awarded with the TRS.....

will MPay win the TRS contract for GST ?

good.... we hope CBC can keep posting in TMS until target price reached.....0.40 as mentioned by CBC......perhaps, he will be busy posting for a few years or forever ? haha....

CBC hibernate again...

but its annual report in 2013 is quite disappointing due to poor result in its "IT" segment.... but overall, i think its panpages is doing well, and going for expansion into other ASEAN countries....

although its NAV is quite in par with current share price.... but based on its PE in the industry, ROE, DY...... it should be a gem...

a few guys in China top 10 richest man involved in internet, baidu, alibaba, tencent...
this CBSA more or less involved in b2b internet community..... but not getting enough attention....

entered at 0.35.... hopefully whatever funds will join in and push its price.....

CBC used to "chui sui" in TMS ...beware...

maybe cbc is looking around to borrow more money to push tms price....

maybe the retail investors run away already.... price maybe slowly back to 0.9 level....

red.... next week see how.... today no hope ....

today pantech maybe red again....

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