Posted by face > 2021-01-29 19:41 | Report Abuse

Iris wins NIIS, Tuesday confirm LIMIT UP!!!

Posted by Abba84 > 2021-01-29 19:42 | Report Abuse

We all knew now how truth eventually played in the hands of johnfarmer who has good intentions feeding all good news to us ..Those who believe eventually bought today are the luckiest one!
En.farmer :could u leave ur contact no ,watsapp if u dont mind for me or,others to talk or,share any fruitful info about Iris

Posted by lee_m2020 > 2021-01-29 19:50 | Report Abuse

congrats all!!!

Posted by blind3co > 2021-01-29 19:52 | Report Abuse

Tuesday 69¢.. hopefully 3 days limit up

Posted by Stephen Baster > 2021-01-29 19:57 | Report Abuse

Swing Trader i believe this news was spreaded by the insider in the market this few days. i just wondering, securing 1 billion project,but price movement was so-so only. i remember toyoven secured project worth billion,before news out,price spike like crazy with 3 times limit up. is something not right? any opinion?
29/01/2021 6:18 PM

Let’s assume you really dunno okay (which I doubt so!)
Below are announcement dated 29 Dec. Pls check stock price on 30 Dec onwards.
Makai want to lie also create some bs story lar don’t share when people can easily find facts to counter. Deng!

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3117335

Posted by dariofoo > 2021-01-29 20:02 | Report Abuse

Relax, Stephen. Let’s be civil in this thread. You can scroll back the comments and see who have been holding on and otherwise. There will be many newcomers here after the announcement, looking for info. So, let’s have a cool and composed discussion on things.

Posted by JohnFarmer458 > 2021-01-29 20:07 | Report Abuse

Swing Trader i believe this news was spreaded by the insider in the market this few days. i just wondering, securing 1 billion project,but price movement was so-so only. i remember toyoven secured project worth billion,before news out,price spike like crazy with 3 times limit up. is something not right? any opinion?
29/01/2021 6:18 PM

thats because many people spread fake rumors that

Dnex won niis
Myeg won niis
Dsonic won niis

so many fake news alot of money already spread out in these other counters

Posted by JohnFarmer458 > 2021-01-29 20:07 | Report Abuse

Abba84 We all knew now how truth eventually played in the hands of johnfarmer who has good intentions feeding all good news to us ..Those who believe eventually bought today are the luckiest one!
En.farmer :could u leave ur contact no ,watsapp if u dont mind for me or,others to talk or,share any fruitful info about Iris
29/01/2021 7:42 PM

Thank you for appreciating my efforts :)

Posted by Stephen Baster > 2021-01-29 20:32 | Report Abuse

Ok dariofoo agree. Let’s be cool. Let’s instead analyze Iris EPS with 1.1 billion over 4.5 years. Where that will bring us. On top of current revenue taking into consideration once open up their oversea business also will be back to normal.

Posted by kulong5 > 2021-01-29 20:48 | Report Abuse

Sell on news. Malaysia retailers will never chase high. Profit then run. You guys shall wait and see. Judge me after tuesday since monday stock’s close.

Posted by JohnFarmer458 > 2021-01-29 20:51 | Report Abuse

kulong5 Sell on news. Malaysia retailers will never chase high. Profit then run. You guys shall wait and see. Judge me after tuesday since monday stock’s close.
29/01/2021 8:48 PM

by news you mean those MOU news? haha funny dont compare LOA and MOU. MOU is worth less than my saliva

Posted by Invstor > 2021-01-29 20:54 | Report Abuse

tuesday= gap up then will retrace to support

Posted by steven rt > 2021-01-29 20:55 | Report Abuse

JohnFarmer458, so what's your advice, can hold or sell Tuesday? Appreciate your thoughts.

Posted by Pyh96 > 2021-01-29 21:04 | Report Abuse

How iris source 120m?
Cash on hand only 70m

Posted by flysmart > 2021-01-29 21:06 | Report Abuse

insider info.... limit up on tuesday.... at least 1-2 days limit up is possible..... lets see....

Posted by steven rt > 2021-01-29 21:08 | Report Abuse

Getting a big contract like Iris did, banks will sure lend. So 70 m should be no problem

Posted by JohnFarmer458 > 2021-01-29 21:10 | Report Abuse

If tuesday morning gap up more than 45c, which is Iris biggest resistance its not impossible to limit up and reach 0.735.

Trade cautiously we are holding a company that has confirmed to bag a billion ringgit project for the next 5 years. Assuming that profit margin is at 30%, Iris would make at least 80mil per year. In 2019 Iris precovid make about 45mil Profit after tax. Estimate if 2022 Iris would make at least 100mil a year or 25mil per quarter. You decide if its overvalued or undervalued

Myeg market cap is 7bil - with profit about 200mil a year
Iris current market cap is 1.3bil , with Iris they will make about 100mil a year. Do you think if Iris profit is half of Myeg its market cap deserve to be at least half of Myeg too?. Assume Iris has half of myeg market at 3.5bil, Its share price will definitely have fair value of RM1.20

This is not a buy or sell call thank you

Posted by steven rt > 2021-01-29 21:12 | Report Abuse

lee_m2020 what is this (SCMETRIC Centagate) company's full name?

Posted by face > 2021-01-29 21:17 | Report Abuse

This NIIS contract is huge sum RM1.16 billion, Tuesday confirm LIMIT UP then continue play up until Thursday then Friday retrace.

Posted by brutusbeefcake > 2021-01-29 21:18 | Report Abuse

hahaha, kalau nak limit up, hari ni dah limit up dah.

Posted by face > 2021-01-29 21:21 | Report Abuse

today up 4cts just testing water only, Tuesday and Wednesday can look look True Colors of Limit UP.

Posted by Abang1975 > 2021-01-29 21:31 | Report Abuse

Nasib baik info aku betul...bukan fake news. Congrats to those yg hold or bought today...Semoga anda semua happy. Kalu ada untung tu, jangan lupa buat donation/sedekah ...TAYOR

Posted by Pang75 > 2021-01-29 21:32 | Report Abuse

Hidup MCA

Posted by mindabursa > 2021-01-29 21:33 | Report Abuse

CONGRATULATIONS TO IRIS INVESTORS !!!!!

Posted by Chua Joe Beng > 2021-01-29 21:35 | Report Abuse

Iris will change its name like Prestariang to AWANTEC to b more Malaysian!

Posted by Swing Trader > 2021-01-29 21:38 | Report Abuse

wah stephen baster very gangster one..you own this forum is it? haha.. i know iris will get the contract. was collecting since monday. as the chart was brewing with TF30..what im asking is the contract worth 1billion but since monday price was so-so. to much resistance. chill bro. but if u really the owner of this forum,nevermind,go ahead :')

Posted by Stephen Baster > 2021-01-29 21:45 | Report Abuse

Swing you quote wrong info admit that. Toyo Ven didn’t limit up before, it is after. Don’t pretend memory loss. You are lying.

Posted by vivoviva > 2021-01-29 21:53 | Report Abuse

not sure if anyone heard of this phrase "sell on news".

Posted by onionchong > 2021-01-29 21:54 | Report Abuse

Not sure if u heard before "toyoven"

Posted by Swing Trader > 2021-01-29 22:03 | Report Abuse

stephen,go look at toyoven..how many days daily candle brewing before rocket?look at iris?drop somemore..thats why im asking..to much resistance..im also in the ship..u make money,i make money..but i prefer more money :')

Posted by blind3co > 2021-01-29 22:06 | Report Abuse

Once pecah 45¢.. Boomm!! if manage to buy below 45¢ just buy lah next tuesday.. Ini project gov.. Untung sudah pasti

Posted by helang82 > 2021-01-29 22:11 | Report Abuse

vivoviva, "sell on news" will happen if the stock has already increased tremendously just right before the news. Is this happen to IRIS?

Posted by faralenz77 > 2021-01-29 22:12 | Report Abuse

Tuesday likely limit up.

Posted by Swing Trader > 2021-01-29 22:15 | Report Abuse

please limit up :')

Posted by Stephen Baster > 2021-01-29 22:17 | Report Abuse

Okay fine Swing sama sama huat. But the fact is Toyo Ven only gila gila limit up after announcement, before announcement the movement like shit. You go check back their chart vs announcement date. Look for 29 Dec that is first announcement. 30 Dec is first day of limit up. Means even insider alsovery few people know.

Posted by Stephen Baster > 2021-01-29 22:19 | Report Abuse

Ok i get you now. That drop is low volume beacuse of KDN boss kena covid. Once announced he’s back it come back with volume. It looks super healthy to me. Without announcement it would probably tes 0.45 now no need very 0.45 lar. 0.735 minimum on Tuesday :)

Posted by Swing Trader > 2021-01-29 22:23 | Report Abuse

stephen baster - done check. 4 days price up 35% then to the sky. contract worth USD3 billion equal to MYR15billion. deserve the hype. lets huat together stephen. you and me. peace.kih3

Posted by Sky Liew > 2021-01-29 22:30 | Report Abuse

Project is 1. 1b

Posted by Sky Liew > 2021-01-29 22:32 | Report Abuse

The risk is political issue only

Posted by Stephen Baster > 2021-01-29 22:33 | Report Abuse

Agree Swing. Let start a telegram movement like Top Glove called dont be dumb and sell IRIS below RM1. Tuesday sell 100 unit at 0.735 just to make sure got one transaction enough liao Ahahahahahaha

Posted by Sky Liew > 2021-01-29 22:33 | Report Abuse

Actually if not wrong iris need pp

Posted by interferens > 2021-01-29 22:38 | Report Abuse

Hopefully Anwar or Tun M don't make any press conference in Monday or Tuesday...

Posted by NawaMan > 2021-01-29 22:43 | Report Abuse

News out... everyman for himself now.

Come Tuesday and after don't go and blame e.g. FarmerJohn if price didn't get to 1.20 or you sold too early and price rally up until 1.80. Do your own due diligence and make your own decision to buy or to sell. He is a good man with good intentions... Cheers...!!

Posted by STEADYBOMBIBI85 > 2021-01-29 23:11 | Report Abuse

Tuesday sell on news ?

Posted by smartinvestor90 > 2021-01-29 23:12 | Report Abuse

Relax..monitor this tuesday...if really go up..try entry during retracement...dont chase the price..if not stuck at the peak

Posted by JohnFarmer458 > 2021-01-29 23:18 | Report Abuse

What is sell on news?

When a company announce MOU but has no tangible outcome from the announcement.
For example XoX announce MOU with Antchain

When a company call for press conference to announce new venture but no tangible outcome from the announcement
For example Anzo announce to go into Glove

This is not a blow water announcement or fake mou , the news is that Iris successfully completed the bid for Niis project worth 1.2b from Home Ministry that will commence on 1 of March 2021.

Posted by Pyh96 > 2021-01-29 23:27 | Report Abuse

Sell on news

Posted by STEADYBOMBIBI85 > 2021-01-29 23:28 | Report Abuse

We shall see what happens next week.

Posted by JohnFarmer458 > 2021-01-29 23:29 | Report Abuse

Those that keep saying sell on news are people who missed the boat and desperately wants to go in on Tuesday

Posted by Stephen Baster > 2021-01-29 23:32 | Report Abuse

I don't get it, if you think this counter won't go up then you come here for what. I will que sell 100 units at 0.735 next Tuesday just for fun sake. Waste transaction fee of RM10+ still got profit of RM20. Go queue slow slow.