1.2b is not much over 5 years, however this gives the company a very strong base to take on other projects and grow. Since they are involved in this project, they will automatically pick up similar projects.
The research houses already estimated maximum 50 % profit to minimum 20 % profit from the 1.16 billion ringgit contract for 45 years, it is a technology industry plus other new government contract also...
First Gloves counters rally, then Covid-19 vaccine counters rally, follow by economy recovery stocks, continue with Banks stocks, now it is time for technology counters to rally up and fly high....
Since Iris already awarded RM 1.16 billions for 4.5 years contract, this will boost Iris reputation to obtain more systems technology contract within the country or internationally, so the genuine investors will buy at low prices for long-term profit growth prospects of Iris...
Now Iris form a strong base without guessing the outcome of the hugh immigration system contract, now Iris will concentrate to expand the workforce, to enhance the company's integrity and focus on expanding the market beyond Malaysia and spread the wings to the international market very rapidly...
Iris is the world's number 1 in E-passport development with international and local customers, now after winning the highly bidding of the Immigration systems contract, it is a milestone for Iris to be the rising star of the Malaysia technology industry... Keep it up...
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....
pang72
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Posted by pang72 > 2021-02-02 15:47 | Report Abuse
I love ding ding