Sime dividend better than FD hahaha

8 sen dividend again woohooo the best dividend stock, rock steady dividend payout

WOW QR

HOHOHO

good QR lai lai lai tomorrow open big

roller coaster

be patient wait for table to open

wait for banker to play the role of a dealer and open table then we can play poker

ask dealer to push up

VS is on a stable bull run

no market maker QR +100% also can't move, need market maker to move myeg, anchovies can't move myeg

no market maker damn boring

got honey today

ludacris and once again double standard for special people and normal people

CIMB now going to give what TP ? hehehe

WOW !!! QR BOOM!!! BOOM!!! BOOM!!! hahaha

no change better than negative don't bad mouth ts wong

the title of the malay mail is so misleading

bullshit, only retarded zombies wants to extent RMCO.

shooting star ?

RMCO no ubat kuat delivery

wow !!!

children dont need vaccine not 30 mil people only 17 mil at max and not everyone will take them

wow

wow mania ?

PE 4,531.97 hahaha

wah finally fgv green QR, long time no see a green QR. Good job to the CEO. Keep it GREEN.

IRIS Corp Bhd and MyEG Services Bhd are said to be the front runners to bag the billion-ringgit National Integrated Immigration System (NIIS), according to sources. The contract will be awarded anytime this month, they say.

It seems that the NIIS project will be split between the two companies.

The tender document sighted by The Edge last year allows for multiple companies to form a consortium to bid for the contract.

“Yes, I heard that Iris is the front runner for the contract. They are going to be the system integrator for the NIIS,” says an industry player who was involved in various government contracts in the past.

The NIIS will be replacing the current Malaysian Immigration System (myIMMS) at all gateways, including airports and land crossings. The MyIMMS is said to be obsolete as it was first developed in 1993.

The tender to bid for the NIIS was called late last year and it attracted almost 30 bids from local information technology system integrator and cybersecurity companies. The bids received ranged from RM1 billion to RM1.8 billion.

Another source confirms that Iris put in the bid through a consortium, in which S5 Systems Sdn Bhd is a party. S5 Systems is owned by S5 Holdings Inc, in which MyEG Services Bhd has a 10% equity interest.

S5 Holdings is currently the target of a reverse takeover by Ancom Logistics Bhd.

NIIS is the latest reiteration of the government’s plan to replace the obsolete myIMMS. In August 2017, the then Barisan Nasional government awarded a RM3.5 billion contract to Prestariang Bhd to develop, operate and maintain a new immigration system for 15 years.

However, on Dec 11, 2018, the Home Ministry decided to terminate the contract, saying that the National Immigration Control System (SKIN) — as it was called then — was too expensive, and decided to call for another round of tenders.

Prestariang decided to take the ministry to court on April 15, 2019, seeking compensation of RM732.86 million for work done on the system prior to the contract termination. Hearing on the case commenced at the High Court of Kuala Lumpur on July 21.

Note that the more expensive SKIN contract included a maintenance contract, whereas the NIIS contract is just to build, install and commission the system. There will be a separate contract for the maintenance of the system.

Iris is a provider of smart identification solutions and e-border control systems. It was the proprietor of the technology behind the world’s first e-passports and immigration autogates at the Kuala Lumpur International Airport.

Since then, Iris’ e-passports have become the standard for e-passports around the world.

According to Iris’ website, its Border Control Solution is able to provide integrated border control management, including manual, automated and mobile border clearance, travel document verification, visa information system, biometric identification and verification, traveller movement and advanced passenger information.

Besides Iris and MyEG, ­other known bidders for the contract include Datasonic Group Bhd, Heitech Padu Bhd, Dagang Nexchange Bhd (DNeX), Dataprep Holdings Bhd, Scicom (MSC) Bhd, Omesti Bhd and Kumpulan Fima Bhd.

Interestingly, S5 is said to be involved in all the major bids. Besides Iris, the industry player The Edge spoke to who confirmed Iris as one of the front runners of the NIIS contract, says S5 is also involved in bids put in by MyEG and Heitech Padu.

Heitech Padu is the developer of myIMMS. While the system is obsolete, Heitech Padu should still be able to offer a better system for the NIIS, and its experience integrating all the needs of the different departments and agencies into a system should be its strength in the bid.

For the financial year ended March 31, 2020 (FY2020), Iris recorded a lower net profit of RM13.7 million, compared with RM38.3 million a year ago, although its revenue stayed flat at RM229.6 million versus RM229.2 million a year earlier.

Over the last one year, Iris’ share price has more than doubled, closing at 33 sen per share last Friday and valuing the group at RM978.9 million.

Meanwhile, MyEG closed at RM1.38 last Friday, after rising 25.45% this year, giving it a market capitalisation of RM4.784 billion.

https://www.theedgemarkets.com/article/newsbreak-iris-myeg-front-runnes-niis

wow rodeo ride, old man can't handle this ride lucky no join. hahaha

+4 sen never bad mouth ts wong

just take Hydroxychloroquine boom!!! problem solved

@DickyMe "These vaccines are scam! Shame of governments to exploit pandemic for profit."

803K death worldwide are tested positive for covid, zero death worldwide are because of covid.
All the worldwide panic, hysteria and paranoia simply because zombies worldwide doesn't full comprehend english. All the more reason to bring back the education system and abandon the current indoctrination system.

12 days is nothing normally it will take around 1 month or 2 months

wow incredible

no volume eat grass hahaha

@Tan KW dont share this fake news it's clearly spin from the truth

got honey today

aiyo myeg desiccated again

Friday up

more free money!!! hahaha

More free money coming!!! guys time to promote myeg and attract some of this liquid to myeg.
Lets huat! together.
____________________________________________________________________

Disinflation, weaker GDP open door for more monetary easing — Ambank Research

KUALA LUMPUR (Aug 19): Envisaged disinflation coupled with a weaker second quarter gross domestic product (GDP), at -17.1%, is anticipated to trigger more monetary easing.

AmBank Research further said the current strong ringgit also provides ample room for another 25 basis points in the overnight policy rate (OPR) cut in September from the current 1.75%.

"We have now factored in a 70 per cent chance of a 50 basis points OPR cut in September," it said in a note today.

On a monthly basis, it said headline consumer inflation slowed down to 0.7% in July versus 1.0% in June.

On an annual basis, inflation remained in the negative region for the fifth consecutive month at -1.3% from -1.9% in June, bringing the average headline inflation to -0.9%.

"It accounts for 75 per cent of our lower end of the -1.5 per cent full-year projection and from our base projection of -0.6 per cent," it said.

Core inflation, a gauge excluding fresh food and administered prices of goods and services, turned flat in July versus 0.1% in June, while on annual basis, it read at 1.1% from 1.2% in June, bringing the first seven-month average to 1.3%.

AmBank Research said the higher inflation in July was driven by transport prices, which advanced at 4.9%, despite being relatively lower than June’s 7.8%.

Retail pump price rose moderately in the month, with RON95, RON97 and diesel at RM1.69 per litre (June: RM1.54 per litre), RM1.99 per litre (June: RM1.84 per litre) and RM1.85 per litre (June: RM1.71 per litre) respectively.

This followed a higher average Brent price at US$43.24 per barrel (June: US$40.27 per barrel) and West Texas Intermediate (WTI) at US$40.71 per barrel (June: US$38.31 per barrel).

According to the research house, the restaurant and hotel segment was the outlier, keeping the lid on higher inflation, sliding 0.1% in July as compared to -0.4% in June.

“The recovery movement control order (RMCO) has enabled many sectors to resume operations including domestic tourism, but consumers remained cautious on recreation and gatherings amidst the pandemic,” it noted.

https://www.theedgemarkets.com/article/disinflation-weaker-gdp-open-door-more-monetary-easing-%E2%80%94-ambank-research

https://www.theedgemarkets.com/article/batu-kawan-3q-net-profit-spikes-318-largely-due-forex-gain

more free money coming !!! Yeehaaa!!! woohooo!!! hahaha!!! huhuhu!!! lalala!!!
_______________________________________________________________________________________________________

BNM OPR seen lower at 1.50% by end-2020 as MGS yields fall to record low — RAM

KUALA LUMPUR (Aug 19): Bank Negara Malaysia (BNM) may cut the overnight policy rate (OPR) to 1.50% by end of this year as Malaysian Government Securities' (MGS) yields fall to record lows amid the abundance of global liquidity, according to RAM Rating Services Bhd.

RAM economist Woon Khai Jhek wrote in a note today RAM expects domestic bond yields to stay suppressed amid the abundance of global liquidity and that RAM is not discounting another round of OPR cuts by BNM.

"We think (the) OPR could possibly end 2020 at 1.50%,” Woon said.

"In line with robust foreign demand, yields trended down through July. This broad-based decline was also driven by BNM’s fourth rate cut this year, for a total of 125 bps year to date. The benchmark interest rate stands at 1.75% — the lowest since the introduction of this policy tool in 2004. Concurrently, the benchmark 10-year MGS yield fell to a record low of 2.62% as at end-July (-32.2 bps m-o-m) while the shorter-term one-year MGS hit a fresh low of 1.78% (-26.9 bps m-o-m),” he said.

According to Woon, regional (Asian) bond markets have seen a recent resurgence of foreign interest as sentiment improved on the resumption of economic activities.

Another driving factor is the ample global liquidity from quantitative easing, he said.

Woon said Malaysian bonds registered their third consecutive net foreign inflow in July 2020 at RM7.1 billion.

"Consequently, foreign holdings of MGS/GII rose to 23.5% of the total outstanding (bonds) in July, close to the 23.9% in February — pre-Covid-19. In contrast, the participation rate in Thailand and Indonesia stayed on a downtrend despite also seeing a consistent return of foreign demand,” he said.

GII stands for Islamic-based Government Investment Issues, according to BNM’s website.

https://www.theedgemarkets.com/node/527460

good good good friday up 10 cent please need to earn fiji water to cure dehydration, lost in this sahara desert for too long

turbo engine but gear in Reverse ?

can't even up 1 sen

back to square one ?

nectar or venus flytrap ?

myeg need allot of fiji water bone dry

wow powerful