Pershing, I totally concur with you. If I may add, normally prenegotiations had already taken place and approved before LOI are issued. It is a matter of technical evaluations only.
Noobie123 unfortunately KLSE is having another Megasales day today... but it's ok we can wait, the right time will come for IRIS to fly, just need a little bit patience hhahahahaa
Nawa, Bilis like me no problems in waiting. The company structure is there, it is a ongoing profitable concern. Just buy, keep inside the drawer and go about doing other things. :) May the sun shine on all Iris investors.
Suppose have contract annoce this week, did not expect they declare the small contract. Probably they eant wait the US market turn good abit only declate the NIIS
The india contract is for you all confident that iris is doing the same thing to a bigger nation - INDIA SO now you can judge who are higher chance can win the cintract
Obviously you know nothing about IT biz, 40% normal margin. Pls list e passport projects. Malaysia the leading in this application and Iris under Tan Say Jim are pioneers.
@blind3co Htpadu ringan number of shares tk besar easily can go up but share price already tinggi unlike iris diamond in the making.. Price not so high
Iris is an oldie. If it was a diamond, it would have shone a long time ago. But the Indian engagement looks good - but I doubt a 40% margin as its earnings. 25-30% more realistic. This is an entirely new market with its ups and downs. India is not the easiest country to do business with
Going through this list, only IRIS is listed in the TOP50 EPassport suppliers. Where is Datasonic, MyEG, HtPadu, Dnex...etc. Am I looking at the right list?
Founded in 1994, IRIS, the inventor of the world's first ePassport and first multi-application eID card, has more than 14 years of experience as a technology innovator, leading provider of solutions and advancements for trusted identity.
IRIS offers total solutions ranging from smart card manufacturing and ePassport inlay production, personalization and systems integration to secure document management system. IRIS also offers a wide range of technologically-advanced smart devices ranging from basic card readers, to biometric card readers, to multi-application mobile devices and automatic gates. IRIS is passionate about developing quality, innovative solutions that aim to add trust, simplicity and value to a growing portfolio of clients with diverse needs and concerns about the world.
Bursa only asked when the projects start and when its end.
PROCUREMENT OF 15-MILLION INTERNATIONAL CIVIL AVIATION ORGANIZATION (ICAO) COMPLIANT ELECTRONIC CONTACTLESS INLAYS ALONG WITH ITS OPERATING SYSTEM (IN 2UPS) REQUIRED FOR MANUFACTURE OF INDIAN E-PASSPORT.
Meaning they will used similar systems it for all their E Passport from here on...easily 100M passports.
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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....
yusofsubhi
3 posts
Posted by yusofsubhi > 2020-09-08 21:50 | Report Abuse
If someone is selling... Sure someone is buying... Seems shark is buying A LOTs