Is this a company worth so much ? Net profit only 2million qtr , but share worth above 1 billion ..
Defying logic ...

Ecoworld Development Group Bhd's net profit for the second financial quarter ended March 31, 2014, fell 61% to RM2.57 million from RM6.67 million in similar quarter a year ago.

Revenue for the quarter fell to RM26.85 million from RM33.54 million a year ago.

Net profits for the six months fell to RM3.36 million from RM13.31 million a year ago. Cumulative revenue for the six months fell to RM49.47 million from RM68.38 million a year ago.

Is this seminar that good ? What's the objective - since I am a purpose driven person hahaha

Well maybe Iris can JV with dsonic in massage parlor business
But doesn't mean this crappy share will fly like dsonic

Usually Msia boleh when Dow jones tak boleh

Don't be trap and arrested by this Warrant

Iris is a coffin share
It will drop slowly and surely

You all shld organized a victim group and them demonstrate in front of bursa main office
That will get the regulators attention.
All china co and listing are actually con job and scams

Rhb works with the syndicate to set some traps hahaha
BEWARE !! Hehehe

Willow = crap share
But got some little dividend for u to eat nasi lemak with sotong + 1 drink hahaha

U may notice US tech stocks get beaten down
Twitter down a lot
Iris could be a good buy , I say could as assuming they didn't falsify any accounts or receivable it is a good buy at around 15 sen - 20 sen
Iris at most will be subdue trading from here on with intermittent profit taking /churning

Queue buy at 15 sen - around its maximum session limit down price

Iris keep in mind it may limit down at any given time

KUALA LUMPUR (May 6): Seputeh MP Teresa Kok was charged with sedition over her ONEderful Malaysia video clip in the Kuala Lumpur Sessions Court today.

She pleaded not guilty and bail has been set at RM4,000.

Kok was charged under Section 4(1)(c) of the Sedition Act 1948. Should she be found guilty, as a first time offender, she is liable to be fined up to RM5,000, jailed up to three years or both. A stiff sentence may cause her to be disqualified as an MP.

Handle with a D cup next ?

Next to be sold down could be construction stocks that went up a lot like gadang

Highlight: Is it time to sell construction shares, with expected slowdown in contract flows & cooling of property market? The Edge Weekly provides pointers.

by Surin Murugiah of theedgemalaysia.com on Monday, 05 May 2014 04:49

KUALA LUMPUR (May 5): The Edge Weekly, in its latest edition, has cautioned investors of a slowdown in construction contract flows and a cooling property market ahead and asked if it was time for investors to take their money off the table.

Some economists are expecting the construction sector to grow at a slower pace than the consensus forecast of 10% this year, it said.

The Edge Weekly, in its in-depth cover story this week, noted that the RM200 billion worth of jobs in the pipeline for the next 20 years had been carrots for investors and driven up valuations. Construction stocks are performing twice as well as the broader market.

However, as the government nears the end of its fiscal rope and with the property market expected to slow down, investors will have to reassess the potential risk of delays in these government mega projects, it said.

The paper said that although the short and mid-term fundamentals of most of the construction players are still intact and they have sizeable order books to keep them busy until the end of next year, the problem is that many of the mega-projects in the pipeline will not be awarded anytime soon.

Quoting the views of Gadang Holdings Bhd’s major shareholder and managing director Tan Sri Kok Onn, the Edge Weekly said that the only major projects that will go ahead this year are those from Petronas in the form of RAPID and RAPID Phase 2.

Runnnnnnnnnnnnnnnnnnnn - from otb

CSL is not a lembu
It's a cacing shj hahaha

A 4.8 mil bid need to announce ?
They should annouce when things has materialize
Imagine if the big companies announce all these small bids , or something which yet to happen , maybe bursa need to hire additional head count to handle this kind of petty things which is important for small company like iris

Bursa shld disallow gutter announcement
Announcement which have no value
Else everyday iris come out announce unnecessarily

They farming tahi actually Hahaha
These news release who u think gonna believe ?
A child maybe will
Tomoro maybe the start mining diamonds or gold
Next day will say go into oil And gas
next day maybe they dream of going to the moon / outer space
Iris is a proven fraud because even our govment dont give them anymore contract
That's why they need to go afrika to bid for project
Who u think release such false news and their purpose ?
Unless u r like a shrimp , I think u can think that this stock a lot of fraud
The volume is selling volume and u can just visit their company to check their account
Chances are falsify accounting like patimas

Many jittery investors ..if this continue , lines will get pulled by broker especially for penny stocks
High chance for iris to limit down if next few days the selldown continues with no real cash to backup the "rolling" of iris shares
15 to 20 sen is the target price

When I warn those ppl not to buy , iris is at around 60 sen
In fact since then it never go up, in fact it came down , way down
U plan to lose 2 rounds ?
Whether u enter or reenter is not my problem .
Just want to warn those newbies to avoid this fraudulent counter

Can put his/her whole family into iris
But I wouldn't put a cent into this type of company
I know it's all fraud , goreng news , and more fraud hahaha

I wouldn't be surprised if iris falsify their accounting like patimas
Both are same crook company actually

I don't know what Q u all talking about .. Hahaha

Conclusion : versatile will dump iris share as long as the price is good

Limit down - waiting for that durian ?

U will notice TA or whatever they will write those stocks which have volume .. No point for them to write on volumeless counter - no matter how fundamentally good the stock is
Iris obviously is chosen base on volume and not base on fundamentals
no matter the stock goes up or down it wont matter
As your remisier and them earn the commission
note though : The remisier will lose if the share suddenly come down hard and the client especially those on contra , run away without paying the losses
Will u run if iris limit down to 15 sen ?
If u don't play contra , ur remisier less worry about u
If u r big time contra player - ur remisier will damn worry Hahahaha

Dont believe in TA or anyone who wrote a report
Ultimately if u suffer losses they are not responsible
TA their main purpose of writing report is to generate volume so that they can earn commission
They may have many other agendas - which u wont know

Again friendly advice :Wait for them to limit down
Now no point buying

Felda is ok as to them it's a small investment
U guys I am not sure whether u will be ok or not
Iris started off their current run from below 20 sen level
So that is where the price support level is
Note though iris lower limit price is at 15 sen - so its possible

Wait for iris to limit down , no point to buy now
15 to 20 sen shld be fine to enter

Do u think mfcb have enough capital to give special dividend ?
You shld probably check longer back in history for those newbies
Or ask those old birds to share with u what they think of mfcb
During last crisis mfcb nearly folded
They still trying to repay their debts now
Now all a sudden some ppl who is "new" label it as a gem
The reason why the share did not go up is a perception thing
Last time many retailers get caught by this counter - till now they don't want to touch it
Already the construction sector is slowing down
Buying into mfcb big is asking for trouble :)
Unless u plan to play contra - once it goes up quickly throw , that's the strategy for this type of risky counter

Giving warrant is a bad move as it potentially is dilutive upon exercise ..it will help temporarily to move share price up a little ... But it doesn't change the fundamentals of the company.
Mfcb I don't think is a good company
U can check back in the past this company nearly went insolvent and have huge debt
It's asset mostly are in 3rd world country which makes it a risk
If this company is good - it would have acquired assets in UK, HK , US, SG , etc
Those who still want to buy mfcb can do so at their own risk

Hisham certainly have no capability to find any plane, while the Australian can try to find but Certainly their plane finding skills is no better ..
They took too long until the pinger run out of battery
And its doubtful whether the ping they tracking is really from the black box

Muhydin wont be pleased with such comments
Hisham will best be remembered as an acting minister who can't find the plane or the mangosteen it's carry ..
Air France case 2 weeks already found the wreckage ..

The problem with china company is they have no ethics
They will be very happy to cheat u
As to them , it's your fault for being silly
it's just a business transaction, eg u bought some worthless shares which u can't blame anyone because it's ur decision , while they successfully cheated u - they r the smart businessmen
To them If they don't cheat ur money , someone else will
:)

If u recall last year the same thing happen to better valued stocks such as : COASTAL,CBIP,BKAWAN,COASTAL,BJTOTO,TDM,HSPLANT ...
So it can cause quite a ruckus and confidence can be shattered , blood flow .. Retail blood ..
Strangely enough I made money from the "rebound" of itronic

Mr koon , can u comment on the recent limit down of the few penny stocks
What can the regulators do to restore confidence ?

The war has no impact on Msia hahaha
I think Msia just too far away and little ties to Russia

Not submitting accounts is serious enough to get it suspended and delisted eventually
U see if the accounts out maybe they will post huge losses & eventually be delisted
If the accounts not out then bursa will just suspend & delist the counter
Either way your money ALREADY gone
U can still sell now before too late

There maybe one last push before it get delisted
This is for directors to run ...
After that this share will be delisted

There is already strong warning sign . Delay in submitting financial report usually later on will be follow by discovery of fraud and delisting process
The 2 months is so that the director can sell off their share and plan their run to Switzerland or other countries
Minority by now shld proceed with legal action to freeze the bank account so that directors can't take out the money and run
U can learn from the mh 370 whereby 4 hours is lost makes big difference ..
Now in 2 months imagine what the fraudsters can do eg
I)siphon more money out
2) relocate their family
3) sell their asset
Lastly run .. U will never find the directors after this

All of u belong in tanjung rambutan hahaha

Hohup is an illegitimate company except for its land in bkt jalil , nothing else is legit

Focus on your real car - proton saga hahaha

Same syndicate

It's better than holding till the bitter end
that would be 100% lost

Retailer scared ma
Suddenly their wealth can be gone in few seconds