IRIS CORPORATION BHD

KLSE (MYR): IRIS (0010)

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Last Price

0.32

Today's Change

0.00 (0.00%)

Day's Change

0.00 - 0.00

Trading Volume

0


76 people like this.

45,597 comment(s). Last comment by Konnichiwa 2 months ago

Posted by Great1711 > 2020-08-07 22:25 | Report Abuse

Thanks @aarontan. Im holding, considering to collect more if favourable on Monday. I hope good news soon.

Noobie123

1,661 posts

Posted by Noobie123 > 2020-08-07 22:33 | Report Abuse

My strategy is to hold with whatever entry price with readiness to lose 20% of what I had invested. I believe buying shares is an investment, you make some and you also will lose some. Of course I am not a big time player, just buy little bit to learn the process. So I am here to gain more knowledge from sifus like aarontan and the rest. Hopefully get to eat shrimps, tiger prawns or if I am really lucky, lobster.

Posted by Great1711 > 2020-08-07 22:52 | Report Abuse

me too @noobie123. 20% is what it takes irrespective on entry. lets hope for the best. happy weekend.

DSV4600

1 posts

Posted by DSV4600 > 2020-08-07 22:55 | Report Abuse

@aarontan1987 - Can you also teach me / show me how you're doing the calculations for IRIS? Thanks.

relaks

836 posts

Posted by relaks > 2020-08-07 23:23 | Report Abuse

@aarontan1987
Your ilmu hitung truly amazing, overnight famous Liao La! Kong Xi Kong Xi! :) U school time mathematic genius ka?
How I wish Msia got companies like Apple, Amazon.com Inc, Alphabet, Facebook, and Microsoft Corp. Makin hari makin huat all long term investors. Can find me co like that ah? I don’t like casino counters. I tak pandai main. Heart attack! No loss ady very panlai! Hahaha!

Below link for your reading pleasure, want to make you jealous! Hahahah!
https://www.thestar.com.my/tech/tech-news/2020/08/07/mark-zuckerbergs-fortune-surpasses-us100bil

—-

aarontan1987 @relaks no problem oredi early tag u all hahahahahahaha i thought u guys hold want to long term so no need warn again mana tau terus sharp decline lobster become roti tsunami oredi hahahahahahaha chill chill i monday calculate dy reassess situation post again hahahahahaha this drop is not for normal people to stomach punya hahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-07 23:46 | Report Abuse

@great1711 hahahahaha welcome if u have good risk management should not be a problem even when cut loss if not in favor condition hahahahaha unless u one time kasi casino royale mode all in hahahahahaha that one i oso cannot save u unless i pump kasi average B/E price for u to hold till next round they goreng hahahahahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-07 23:47 | Report Abuse

@noobie123 everyone learn at different pace one day will be your day hahahahaha dont keep call me sifu or teacher seriously i not here to teach hahahahaha i once in your position so i know how it feels to have little or maybe mid sized punya fund to invest hahahahaha so i got chance stay here to share some of my knowledge to you and to others to earn at this timing why not??? hahahahaha do good things good thing will turn around to multiply itself hahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-07 23:50 | Report Abuse

@DSV4600 sorry no incentive kasi teach and no time oso hahahahaha when i busy i keep monitor all the volume and consumption hahahahaha u can start learning basic stuff from volume perspective like why normal days high volume but price still no move??? why some day low volume but price move so fast??? why some stock volume higher than last 7 day still run like turtle??? everything online piece together u get the gist jor hahahahahaha i cant teach u everything but i can tell u what i see is from what i observe trial and error and learning from my family root cause they from last time invest till now hahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-07 23:57 | Report Abuse

@relaks hahahahaha u praise and compliment too much jor in the end i still the same like u guys normal human being trade equity hahahahaha school time math if wan say genius i not genius but i love to solve puzzle punya type hahahahaha just very love to connect the dot cause i more interest in the process than content hahahahahahaha i no like to recommend company cause i not remisier but i got some counter i waiting to go in solo when down till the price i want hahahahaha when i in jor my lorry i let u know first hahahahahaha u pm kasi i bookmark scare forget your name in i3 cause inbox now too many name hahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 00:11 | Report Abuse

@lightoftheworld hahahahaha who say cannot find depends on whether u look at the right place or not but for beginner i stress this one is good read then u will know where to look and what to find hahahahahaha here read this i oredi upload so everyone can download and read oso hahahahaha

https://www.mediafire.com/file/vx4l7al9ltrc6fu/Volume+Book+-+Harvard.pdf/file

gku123

27 posts

Posted by gku123 > 2020-08-08 00:30 | Report Abuse

Bunch of sissys la you all. No maturity when you discuss. Discussing like you all in primary class. Bc

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 01:15 | Report Abuse

gku123 u call other sissy u see yourself first la hahahahaha u think u very man ka??? go other forum spread negative stuff then come here talk cock to me and others. u think very fun hor??? hahahahaha real sissy is like u oni know how to provoke with ZERO SUBSTANCE punya hahahahahahaha if u jealous gor gor can feed u some quality analysis geh hahahahahaha dont cry dont cry hahahahahaha

Mathatter

22 posts

Posted by Mathatter > 2020-08-08 02:44 | Report Abuse

When you invest in this counter, or not, its your decision based on your investment criteria. It doesn't matter what your criteria is (for me Iris is my grandmothers name and a cool name). But it does matter when you have already invested and then constantly want to be reassured that your decision was right. Because you will believe any shit that supports your decision, and then you will never accept that it was just a dumb-ass decision when you loose your pants. Successful operators in our market are extremely intelligent and they use this weakness to manipulate price movements.

Mathatter

22 posts

Posted by Mathatter > 2020-08-08 02:45 | Report Abuse

This is the level I am talking about.......Floodlights Affair Perhaps the most famous coup by Asian match-fixers was an incident that came to be known in the UK press as “The Floodlights Affair.” In 1997, two English Premier League Games — West Ham vs. Crystal Palace, and Arsenal vs. Wimbledon — were suspended when stadium floodlights suddenly lost power. In both cases, the outage occurred during the second half, which meant bets had to be paid as the score stood, according to Asian bookmaking rules at the time.In February of that year, a Malaysian-based betting syndicate was caught attempting to sabotage the floodlights at Charlton Athletic’s stadium in Southeast London with the help of a security supervisor that had been paid off. In 2016, an ESPN source claimed the Malaysian high-stakes poker player and former Macau junket operator, Paul Phua, had organized and financed the Floodlights Affair.

Mathatter

22 posts

Posted by Mathatter > 2020-08-08 03:18 | Report Abuse

So, in the context of this counter, what investment criteria do you consider. This is hypothetical of course. 1. Is Wednesday the 12th scheduled for a Cabinet meeting ? (and is the agenda to endorse a multi-billion contract that Iris is after?) 2. Why wouldn't S5 Systems get this contract given that the real serious big boys are shareholders ? (maybe they have learnt that outright blatant stealing looses elections & power and that the clever approach is to award this contract to a friendly, not so obvious party, that understands that this contract should be totally subbed out to them). So then the obvious question is how to finance and what is the method to ensure this contract is awarded to you ? cash in handbags and jewelry and expensive watches doesn't work anymore thanks to Najis. But issuing a massive private placement at a price that is much lower than current market price will do the job extremely well, no cost to the company, no cost to the promoters, no capital gains tax implications, and such that the difference between the issue price and the selling price is a handsome sum to ensure that the decision is in your favour. But, of course, for it to work, you need to sell these shares, and if the private placement shares are not yet listed yet, and the decision on your contract is the following week, you have a little bit of a problem (you must pay the toll to use the road!!!). Mmmm, solved, sell your shares first, and replace them with the private placement shares when they are listed. Good, clean, honestly earned cash. And 290 mil private placement shares should do it!

Mathatter

22 posts

Posted by Mathatter > 2020-08-08 03:22 | Report Abuse

So today could be a glitch in the Bursa trading system or could be toll paying day. Imagine if this company is awarded the much sought after contract. This counter will fly in the current market conditions. Remember, no short selling ( only real selling if you have a reason to), so the only way to create value is upwards....

Posted by LightOfTheWorld > 2020-08-08 07:06 | Report Abuse

gku123 i admit i am a sissy...i still remember clearly when i first started to invest in this stock market, i follow a lot of so call "sifu" and ppl sounds like a pro giving TP in this forum and the so call "insider" here and get stucked for so many years. It is only until recently i learn from ppl like aaron and others who share true heartedly and and earn some chicken nuggets. So please be kind .

Posted by LightOfTheWorld > 2020-08-08 07:08 | Report Abuse

Thanks aaron for sharing, i hv download it and will try to understand it over this weekend. Hopefully one day i will become like you carry big lorry.hahahaha...

vespa

890 posts

Posted by vespa > 2020-08-08 07:54 | Report Abuse

Mathatter thanks for the interesting contribution; I rarely read long missives in this forum but yours is an exception

Noobie123

1,661 posts

Posted by Noobie123 > 2020-08-08 08:43 | Report Abuse

Just to share. This is my personal assessment of Iris. I am too much of a novice to know what this is all about. You can say, a bit itchy here and there to try entering stock market.

In any restructuring exercise, it is mainly centered on reducing overheads, cutting off non core business to focus on what it does best and bring the best people on board to execute it. Iris did just that. It chopped off the loss making Stamford College, property development in Putrajaya and quit the renewable energy JV with Chinese firm in China. That’s why it lost money in the past.

And it went after the mismanagement of the company too. https://www.theedgemarkets.com/article/iris-corp-sues-exchairmen-exdirectors-director-over-bcs-investment

These are the main reasons why it was able to report profits in 2019 after restructuring and recoup whatever there is. However, the results from yesterday’s AGM is the actual operating profits which is a true reflection of what the company can do. Note that Iris lost its main stay of Malaysian Immigration contracts to Datasonic and how they got the contract which is another story.
As for the shareholders, Felda need desperately to improve its bottom line. FIC in particular has not been impressive with many of its ventures so far. I know the Felda man is a very hard man to try selling him anything. Poh family with its relationship in corporate world together with Rozabil are important influencing factors too.

Therefore to me, personally share price is important, but not that important as to the future of the company. More important is we read enough and try our best to understand. But my own limited level may not be enough. So like little sheep, I am prepared to not selling my teeny bit of investment and stay put to see what it will become of it, subjected to the level of greed feeling I get when I wake up in morning.

Posted by Kongkalikong > 2020-08-08 09:42 | Report Abuse

Whether you all agree with me or not.. Most of the stock holders need a closure only the we moves. on. What is the closure here? Got NIIS project or not..

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 10:33 | Report Abuse

@mathatter u say so much but in the end everything is still rumor based assumption hahahahahahaha wonder why many fail??? cause keep assume. even those maths pro till can calculate everything still fail in wallstreet and still want to work full time instead of trading and investing for themselves hahahahahaha if analyst so geng dy why still work as analyst??? very very simply logic punya hahahahahaha dont tell me because of passion or hami shit that one wont work when this world is rule by the basis of capitalism hahahahahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 10:36 | Report Abuse

@lightoftheworld dont look down on yourself hahahahahaha have some confidence cause everyone walk through different pace of life and its important that u keep the experience as a positive sign moving forward hahahahahahaha be positive that things come because better stuff waiting for u ahead hahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 10:37 | Report Abuse

@lightoftheworld oso the important part is not my lorry hahahahaha is how u understand this business that makes u a superstar trading/investing your own money hahahahahaha if u dont understand a business how can u afford to use the money wisely leh??? hahahahahaha this is where all the thinking comes hahahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 10:41 | Report Abuse

@noobie123 to be honest la if u want to say about their relationship i think not that strong oso hahahahahaha if they got strong relationship they wont lose the bid and till now still havent get back yet means they small fry oni and other people got big influence behind the contract can still hold onto it till now hahahahahaha if u got big influence why till now still fail to obtain itu Mykad contract??? hahahahaha penjara that stuff i dont want to touch hahahahahaha lets just say they not as influential as datasonic hahahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 10:45 | Report Abuse

@kongkalikong very true hahahahaha instead of think so far when nothing connect the dot i dont know why people just love to see irrelevant content to make sense hahahahahahaha if really make sense why no make money till now??? where is your at least la.... 8 digit??? cause so geng every rumor can read dao ma should be 8 digit dy hahahahahahaha when talk money they dont have thats why straight diam diam cause oni know to believe in rumor rumor rumor hahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 11:15 | Report Abuse

since monday coming soon i do my analysis kasi last one shot stick here hahahahaha

upside target at 49 got at least 725% holding accumulation meanwhile intra sticking and pocking around 465 at 352% volume and at 475-480 holding at 90% volume accumulation.

long term volume also slowly diminishing as compared to before whereby not very balance jor hahahahaha easy layman term kasi explain is that buy volume accumulation losing steam dy maybe Viagra expired oredi hahahahahaha when this case like that i suggest u really beware of what they doing hahahahahaha

if monday opening they want to pattern pattern with you u sure will see upside push to the target i mentioned up there and if possible break jor or got test u prepare to B/E take profit hahahahaha cause if no NIIS this one is really dead fish for many years hahahahahahaha then.... u wait maybe..... 2025 or 2030 they restart again their engine.... or if they really got new project can untung banyak.... hahahahahaha for those last time trade at 1996 and at 2007 one sure know IRIS punya history hahahahahahaha

of course i not upside upside kaki oni hahahahaha lets calculate the lower volume for free fall (just in case they no go up as expected la)

free fall is at 0.170 = 540% volume accumulation and 0.245 = 390% volume accumulation hahahahaha. i of course hope ..... no ki siao free fall la lol.... else a lot sure jump out but see their pattern maybe will slow slow push upside to kasi captivate those contra go in again hahahahahaha

of course i calculate jor and saw a lot buying at 0.450 kena caught and oso got some people buy at 0.330 there hahahahaha so for now like that oni if got further assessment will update again hahahahaha

disclaimer: if got NIIS hai yah oredi dont know which sky jor hahahahahaha for now we realistic sikit and see how it goes hahahahahaha good luck

Noobie123

1,661 posts

Posted by Noobie123 > 2020-08-08 11:16 | Report Abuse

Aaron Google Zahid Datasonic la. It is all in the news...haha.

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 11:21 | Report Abuse

@noobie123 hahahahaha its a mess like everywhere oso kena shoot hahahahahaha

Posted by Kongkalikong > 2020-08-08 12:10 | Report Abuse

Aarontan1987 than you for the analysis.. Atleast back by data not by noise. Still waiting for the closure... Now know how the families of MH370 feels waiting for the closure.. Hope we all get it soonest and move on.

gemma

591 posts

Posted by gemma > 2020-08-08 13:32 | Report Abuse

There is Truth of what Aarontan1987 said ..Iris case in 2006 make me reluctant to chase the Stock .. Safe heaven enter is below 20c

Mathatter

22 posts

Posted by Mathatter > 2020-08-08 17:39 | Report Abuse

@aarontan1987 great story tellers always have a simple message hidden in the labyrinth they lead the listener/ reader/ audience into...just like the great T.S. P. Ramlee would repeatedly do. Factual errors are purposely/ strategically placed throughout the story so that only those who can open their mind to wonderful possibilities, and not stuck on short-sighted facts can find this message. Analysts are obviously used to give an air of credibility to stock recommendations, to support valuations....to basically sell stock ideas. They are predominately gaji workers and seek recognition through being correct (and once correct, once recognized, their valuation shoots up and their recommendations can be bought). But face the basic fact, the share market (secondary market) is the only true & pure Zero Sum Game....for you to make a gain of RM0010, someone has to loose RM0010....which is more brutal than gambling in a casino. The whole industry feeds off this brutal zero sum game, stock brokers, analysts, fund managers, business-based universities, authors of finance-related literature, investment banks, financial advisors etc etc. All feeding of this miserable zero sum game. So instead of condemning a screw-up system, a corrupt regime (which is the easy thing to do)...accept the reality, and search for ways to be ahead of the rest, and make money (to give you more choices in life). To know how well an economy, or a port operator, or a logistic company is doing, sit at the fricken gates of the port for 3 months and count the number of trucks going in and going out (it is worth it to have this information which no-one else has - cannot google that shit!). So in conclusion, rumors are simply articulated perceptions, and perceptions rule Malaysia... perceptions are king, not cash ! perceptions in the context of the share market can change a strong buyer into a strong seller in a matter of seconds, can change Governments, can destroy a well known brand etc. Facts and truth don't do shit (hindsight creates truth and facts).

What if?....in the land of endless possibilities....What if?...the story teller's message is to turn an impossibility into a probability. Would you just wait it out and see ? or, Go Big or Go Home!

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-08 17:41 | Report Abuse

@mathatter type so much what u want to tell??? story that cannot relate to what IRIS is doing now hahahahahaha sien see oredi u better go subscribe become storyteller hahahahahaha plus that one is not facts is rumor based assumption hahahahahaha let me ask u how you know?? can prove the fact to relate to IRIS??? cannot ma hahahahahaha so dont simply type kasi instill fear here hahahahahahaha

relaks

836 posts

Posted by relaks > 2020-08-08 21:23 | Report Abuse

hi @aarontan1987!
Really appreciate ur kind gesture! Actually after I “left“ stock market in 2018, I hardly come in. Just came back yesterday to dump all! Today wifu made me sumpah nvr to play again ( she wants us invest in real estate instead!) Since when I’m lucky in stock market anyway?.. Hahahah! But later if I managed to curi-curi tabung 1 lori full $$$$, u bet I’ll come back look you! ;) Wishing u huat huat all the way, everyday!!!

Btw, I totally agree with your latest analysis! Thumbs up! :)

Posted by tokhairul > 2020-08-08 22:57 | Report Abuse

Monday will go up or not this one

ValuePrice

118 posts

Posted by ValuePrice > 2020-08-09 00:25 | Report Abuse

sell and cabut at 0.45...lucky...i think NIIS probably postponed

ValuePrice

118 posts

Posted by ValuePrice > 2020-08-09 00:25 | Report Abuse

need to look for new counter that will limit up

vinvin

4,494 posts

Posted by vinvin > 2020-08-09 08:45 | Report Abuse

Hi everyone here, good morning! Hope tomorrow will be a very good day for Iris n everyone here. Up up up!

John Rambo

437 posts

Posted by John Rambo > 2020-08-09 09:44 | Report Abuse

hope so... if not i lost my underwear n panties...

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-09 10:20 | Report Abuse

@relaks hahahahahaha spent your investment wisely at this time hahahahaha real estate now many deal oso kena retracted jor idk why your wife ask u to invest in it now hahahaha unless u are buying lands then different story hahahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-09 10:23 | Report Abuse

@tokhairul @vinvin read je the analysis I post up there hahahahaha if got anything out of shape punya pattern u decide yourself cause your money not mine hahahahahaha good stuff share jor still depends on whether u guys pull the trigger or not hahahahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-09 10:23 | Report Abuse

@valueprice eh sold jor ah???? I thought u still holding that time hahahahahahahaha

aarontan1987

1,285 posts

Posted by aarontan1987 > 2020-08-09 10:24 | Report Abuse

@johnrambo can buy again no worries hahahahahahahaha but no more Victoria secret lo hahahahahaha oni OEM hahahahahaha

Qbb99

238 posts

Posted by Qbb99 > 2020-08-10 06:07 | Report Abuse

Run....

vinvin

4,494 posts

Posted by vinvin > 2020-08-10 07:47 | Report Abuse

Qbb99, from no where, u appeared here! What is ur motive?!

vinvin

4,494 posts

Posted by vinvin > 2020-08-10 07:50 | Report Abuse

Hi everybody here, have a nice day, up up up!!!

Noobie123

1,661 posts

Posted by Noobie123 > 2020-08-10 09:03 | Report Abuse

Back in business

Noobie123

1,661 posts

Posted by Noobie123 > 2020-08-10 09:05 | Report Abuse

0.38

yibeim77

13 posts

Posted by yibeim77 > 2020-08-10 09:40 | Report Abuse

lai lai lai IRIS...

yibeim77

13 posts

Posted by yibeim77 > 2020-08-10 09:40 | Report Abuse

lai lai lai IRIS...

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