Confirm @noobie123. That's why price holding region 37-40 sen. Analyst tp 50sen pricing in the award of contract before CF materializes. IRIS management TP 60 sen
Iris Corporation Bhd (0010) • IRIS surged 19.7% or 6.5 sen to RM0.395 yesterday. • Technically speaking, share price has been on a bullish upward trend underpinned by positive key technical indicators. With the recent news on Iris being one of the key front runners to bag the billionringgit National Integrated Immigration System, we expect buying interest to continue with share price likely to chart new highs. • Resistance levels are identified at RM0.45 (R1) and RM0.50 (R2). • Conversely, support levels are seen at RM0.35 (S1) and RM0.30 (S2).
@ironshirt and @sonofsam. Please read properly. What i posted was "MOF and KDN have given greenlight to IRIS to announce award of NIIS contract on Thursday 20/8/2020"
To emphasize: "GIVEN GREENLIGHT", still Iris' perogative when to announce.
spectrade, regardless of what others said..I still hold firm Iris has got what it takes to get this contract and I hope you are right. Even without Niis, the company is well placed to continue what it is doing.
everybody in Iris management should know by today if they secured Niis (even spec8181 knows) now sellers are getting larger....me getting nervous, sell or not, tomorrow T+2 for me
Iris has been in profit zone and proven international work. They may wanna to award to Heitech Padu, but they cannot do that as that will be a big ? ? ?
Iris ( secure biometric ID)Proven track record used currently by banks and JPN & S5 back end system ( user friendly immigration system used by other develop countries)
Out of courtesy some of failed Bidder of Niis will announce to shareholders by tomorrow that they Failed to secure Niis Bid. That will reinforce that Iris secured the deal eventhough Iris is keeping quiet. Maybe tomorrow suspension of Trading who knows?
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
spectrade8181
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Posted by spectrade8181 > 2020-08-18 10:32 | Report Abuse
Confirm @noobie123. That's why price holding region 37-40 sen. Analyst tp 50sen pricing in the award of contract before CF materializes. IRIS management TP 60 sen