Posted by Ahead1268 > 2020-08-28 11:17 | Report Abuse

Certainly suspend then announce but not sure the news is fake or faded! Anyway keep figures cross and hope the best.

Posted by kimsean > 2020-08-28 11:22 | Report Abuse

Anything is possible

Posted by MonkeyFoo > 2020-08-28 12:01 | Report Abuse

What the hell is going on

Posted by SyahTrader > 2020-08-28 12:13 | Report Abuse

Qr should be today

Posted by kimsean > 2020-08-28 12:42 | Report Abuse

Shd be bad

Posted by Noobie123 > 2020-08-28 12:48 | Report Abuse

Good or Bad QR no difference. Look at Myeg price also same same.

Posted by x3sphere > 2020-08-28 12:59 | Report Abuse

Qr not gonna affect performance nowadays.

Posted by vijaysai77 > 2020-08-28 14:31 | Report Abuse

Maybe tonite 8.30pm :D

Posted by TeslaFans > 2020-08-28 14:38 | Report Abuse

Maybe will announce in QR?
Usually 'Maybe' will not happen

Posted by Smallretailer > 2020-08-28 14:45 | Report Abuse

If goreng.it will goreng. U think qr report effect price?

Posted by SonofSam > 2020-08-28 15:18 | Report Abuse

Announcement before the 15th... the faithfuls will be amply rewarded..enjoy the break...

Posted by TeeJian > 2020-08-28 15:27 | Report Abuse

@SonofSam before 15 sept? Where did u get that?

Posted by Noobie123 > 2020-08-28 15:38 | Report Abuse

myeg already moved....iris when moving?

Posted by kimsean > 2020-08-28 16:00 | Report Abuse

Gone

Posted by niubee126 > 2020-08-28 16:01 | Report Abuse

Bulan depan

Posted by x3sphere > 2020-08-28 16:25 | Report Abuse

Myeg move but it cannot go up unless it can the trendline. So far since nov 2019, the price will be reflect at those line

Posted by niubee126 > 2020-08-28 16:36 | Report Abuse

Mana announcement?

Posted by fattatt > 2020-08-28 17:30 | Report Abuse

Nett loss 2.96mil

Posted by blind3co > 2020-08-28 17:43 | Report Abuse

Acceptable nett loss due to Mco..

Posted by SunTzu888 > 2020-08-28 17:48 | Report Abuse

Loss making again......

I'm curious if the management can't even manage the Company performance. how can they manage such a massive project, namely, NIISe which involves national security matters.

Posted by niubee126 > 2020-08-28 17:55 | Report Abuse

NIIS gone case?

Posted by kimsean > 2020-08-28 18:06 | Report Abuse

RM2.96m loss small matter.

Posted by MonkeyFoo > 2020-08-28 18:11 | Report Abuse

msih mnghrp lg dkt iris. come on la bro..jgn buang masa dgn iris..

Posted by Ahead1268 > 2020-08-28 18:14 | Report Abuse

Very bad result as not only loss but revenue also shrinking 3 folds from previous Q1.

Posted by Noobie123 > 2020-08-28 18:42 | Report Abuse

Imagine having to pay all the staff and operating expenses for 3 months for doing nothing, 2.96m loss is very minimal.

Posted by Kongkalikong > 2020-08-28 18:50 | Report Abuse

It is unstandable that company not related to HC or technology will lose out during MCO. With the opening of business IRIS future is still shining. Theyhave been in operation for many years and at time of unprecedented crisis the liss is miniminal and to me is acceptable based on the current business environment

Posted by SunkCostFallacy > 2020-08-28 18:56 | Report Abuse

Iris is a curious case

Posted by CUTLOST > 2020-08-28 20:27 | Report Abuse

Qtr not so good

Posted by lee_m2020 > 2020-08-28 20:56 | Report Abuse

NIIS!!!!

Posted by lee_m2020 > 2020-08-28 20:56 | Report Abuse

look the future potential not the past!!

Posted by sheep > 2020-08-28 21:23 | Report Abuse

definitely sell down on Monday....wakaka

Posted by Zolan2020 > 2020-08-28 21:26 | Report Abuse

monday bursa holiday. how to sell ma

Posted by vijaysai77 > 2020-08-28 21:42 | Report Abuse

1st release the bad news, then only release good news... :)

Posted by kimsean > 2020-08-28 22:11 | Report Abuse

If can get NIIS, IRIS is king, if can't, IRIS is shit, simple as that.

Posted by NawaMan > 2020-08-28 22:44 | Report Abuse

QR out aldy means announcement is very very very near... nggeehheheheee

Posted by rob8ry24 > 2020-08-28 23:03 | Report Abuse

nowadays market dont care bad qr. get niis, sure limit up.

Posted by lee_m2020 > 2020-08-29 00:30 | Report Abuse

Since IPO IRIS used to go as high as 1.30 in the past. Since then, it struggled to keep up a good price. A good rally was in year 2013-2014.

Only until recently a strong volume spike this counter up, making it among the most traded shares in KLSE.

The interest among investors started when rumors was that it was among the shortlisted companies to win the biggest IT project of this country i.e. NIIS. The lack in performance shown in recent QR should not kill the bull yet.

Price does not move a lot despite this big hype. Unlike several other companies nowadays, with MoU can soar and limit up. It looks like the biggest investor intent to avoid the price move up too early before the award announcement and this would let them to timely collect cheap security sold by short term retailers or weak holders and stand to be the biggest winner.

If IRIS awarded, the price soar beyond RM1.30. Short term targets are hard to decide as not many choices on the radar i.e. 0.425, 0.450 & 1.30. When big investors jump in, profit taking will take place in stages, playing CutLoss could be severely painful. If not awarded, the price could likely revert to old prices below RM0.20.

We do not know the real fate of IRIS regarding NIIS, could be PRESBHD reinstated but we anticipate IRIS has the upper hand to win.

https://mindabursa.com/2020/07/24/iris-the-likely-winner-for-niis-project/

Posted by Ahead1268 > 2020-08-29 00:48 | Report Abuse

It is tough decision NIIS contract value RM1.2bil let say if opt out PRESBHD nid to compensate RM732mil. it will give RM1.38 windfall per share for PRESBHD shareholders.

If opt in PRESBHD net 1.2bil and if opt out cost about 2bil.

Posted by VGbibi > 2020-08-29 09:25 | Report Abuse

Allllllllllllllllllllllllllllllll in Iris. You will get what you deserve after that. Come on. Heng Ong Huat arrr. Tuesday is the last day to buy in lower price. Grab your last opportunity. HOOT

Posted by 691888 > 2020-08-29 12:21 | Report Abuse

insider news? say this end August will sign contract? any updated?

Posted by LiimInvest > 2020-08-29 12:42 | Report Abuse

MyEG - Future Prospect Remains Intact
Date: 28/08/2020

Source : MIDF

KEY INVESTMENT HIGHLIGHTS

2QFY20 normalised earnings came in +8.3%yoy higher at RM63.0m, supported by all its business segments

Cumulative 1HFY20 financial performance came in within ours and consensus expectations

Timely introduction of new services to cater for the Covid-19 pandemic

Stable profit margin of approximately 50%

Remains one of the front runners for the NIIS project

Maintain BUY with a revised TP of RM1.58

In-line with expectation. MY E.G Services Bhd’s (MYEG) 2QFY20 normalised earnings came in at RM63.0m, an increase of +8.3%yoy. This was mainly attributable to: i) concession related services such as Immigration and JPJ related ancillary services; ii) commercial services such as motor vehicle trading related services, financing services, sale of tax monitoring system, foreign worker recruitment and placement related services iii) introduction of new services such as Covid-19 health screening as well as online sale of groceries thorough its “Nak Beli” online store; and iv) contribution from Cardbiz Group. Cumulatively, the group’s 1HFY20 financial performance of RM121.9m came in within ours and consensus expectations, accounting for 47.3% and 44.4% of full year FY20 earnings estimates respectively.

Impact to earnings. We are maintaining our earnings estimates at this juncture.

Target price. We are maintaining our target price of RM1.58. This is premised on FY21 EPS of 7.5sen, pegged to unchanged forward PER of 21x. Our target PER is the group’s three year historical average.

Maintain BUY. We expect the local business to remain resilient, in view of the good track record of providing the online services. Moving forward, we expect the group’s earnings growth will stem from the group’s effort to replicate its offerings in the region. The effort has started to bear fruit as seen in its latest progress in Indonesia and the Philippines. We believe the move would also help to reduce the group’s reliance on the local market. On another note, MYEG business model remains attractive which garner healthy profit margin of about 50%. In the immediate term, there would further upside should the group able to secure the National Integrated Immigration System (NIIS) project. All factors considered, we are maintaining our BUY recommendation on the stock

Source: MIDF Research - 28 Aug 2020

Posted by Noobie123 > 2020-08-29 19:59 | Report Abuse

https://www.youtube.com/watch?v=rVi5zJHypbM

Posted by Asy_Mett > 2020-08-29 21:54 | Report Abuse

QR YoY same as last year

Posted by Asy_Mett > 2020-08-29 21:54 | Report Abuse

but QoQ improve kaw-kaw

Posted by Asy_Mett > 2020-08-29 21:55 | Report Abuse

(-1284%) to 53%

Posted by Asy_Mett > 2020-08-29 21:56 | Report Abuse

expecting next QR better

Posted by lee_m2020 > 2020-08-29 23:52 | Report Abuse

These are an example of a Companies i.e. IRIS, PELIKAN, EDEN to name a few.... that you can invest without much worry even if it drop 0.10 due to profit taking because it will always go up back... You dont have to be in front of your computer every minutes and all the time at all..
In fact if u BTST, no need CL.. likely can gain..

Posted by lee_m2020 > 2020-08-29 23:54 | Report Abuse

Just set your sell target at the TP as highlighted by many people here..

Posted by Flybythenite > 2020-08-30 09:25 | Report Abuse

What’s the TP?

Posted by Flybythenite > 2020-08-30 09:26 | Report Abuse

QR released after 5pm or b4?