Konnichiwa

Probably I never heard that share price could affect the DCF valuation, perhaps you may enlighten me your calculations. I could be wrong.

However, goodwill on trusted identification (main business of IRIS) using the same DCF valuation you mentioned consecutively recorded impairment loss in recent two years. This is not a good sign indicating poorer future cash flow in the prospect. This is audited figure, cant deny on this.

There are good sides of IRIS too. Example, the oversea customers collection especially Africa is risky but it managed to collect advance payment to minimise the credit risk. Q4 result is good without NIISE, cost management is doing great job, just that the lower revenue is a would be bit of concern.

All is fine but I think you are trying too hard to promote.

2 weeks ago

laulau

Thanks for your additional positive inputs & concerns on Iris. We are only sharing knowledge & analysis at KLSE Forum for the benefit of current & future investors to make an informed decision since Iris Mgt has been strangely quiet on these?. Here are the updated Key Takeaways On Iris so far:

#Iris currently has a very good return of 3.95 sen over present market price, with more than 10% returns.
#Iris Mgt has also performed a good Share Consolidation with Share Capital adjustment (Capital reduction pursuant to Section 116 of the Companies Act 2016 where retained earning of 610,759k was used to offset Accumulated losses (430,000k), resulting in a gain of 180,759k in the Balance Sheet. Cash flow has also improved by 135%, with cash & cash equivalents increasing from 104,801k to 142,029k.
#Iris is still a profitable business even without income from Niise. Refer latest 4th Qtr. & 12 months ended 31 March, 2024 results.
#Arbitration is ongoing with Government to negotiate the quantum of compensation for Iris due to unilateral termination of Niise Contract.
#Iris has good chance on winning the Niise Arbitration Award from Government of at least RM231.5 million or more?
*Note: Awantec has won a suit against the Government for the unilateral termination of Sistem Kawalan Imigresen Nasional (SKIN) project the predecessor of Niise with an award of RM231.5 million.
https://www.nst.com.my/business/corporate/2024/03/1025629/kl-high-court-orders-government-pay-awantec-rm2315mil-terminating

RECOMMENDATION:
Take advantage of current Technology & DC connected stock play. Collect Iris as much as possible on any weakness, as Iris is on the verge of a breakout! Don't let sharks collect cheap from stale bulls & weak holders. For retailers with paper loss, now is the best time to average down Iris with minimum risk. With a clean Balance Sheet, good Cash Position, Little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher than current price of 0.42 when it's Fair Value is actually RM2.19 base on DCF model calculation provided by Analysts. TP 0.60 & beyond is still on track!

2 weeks ago

Konnichiwa

I still don’t understand your DCF valuation of RM2.19. This stock is not covered by any research house, no valuation was published. How do you get RM2.19???

I thought you wanted to share your calculations?

2 weeks ago

BLee

“laulau
Thanks for your additional positive inputs & concerns on Iris. We are only sharing knowledge & analysis at KLSE Forum for the benefit of current & future investors to make an informed decision since Iris Mgt has been strangely quiet on these?.”

Good write-up and recommendations..
‘- Just asking, the statement “retained earning of 610,759k was used to offset Accumulated losses (430,000k),”, is it contradictory as it can only have one in accounting as gaining or losing, not both??
‘- We cannot compare apple with orange as SKIN contract value is much much higher, so the statement “#Iris has good chance on winning the Niise Arbitration Award from Government of at least RM231.5 million or more?” cannot be compared.. and the termination, is it unilateral? Another point, Iris being sued by “Tec D is claiming for an outstanding sum of RM30,139,098.87 together with late payment interest of RM993,951.66 as at 7 November 2023 (“Outstanding Sum”) in relation to the supply of computer hardware and/or software and/or programs and/or services (“the Supplies”) for the National Integrated Immigration System (NIISe) project by the Ministry of Home Affairs, Malaysia (“NIISe Project”). The NIISe Project was awarded to IITS on 29 January 2021 and, subsequently, the contract for the NIISe Project was terminated by the Ministry of Home Affairs on 10 August 2023.”, therefore any arbitration gain will need to pay for any others owing??

Anyway, I will hold my Iris investment tightly as it is the pioneer for many World first and patent..
Link: https://www.iris.com.my/wp-content/uploads/2020/11/IRIS-CORPORATE-PROFILE-2020.pdf

Happy Trading and TradeAtYourOwnRisk

2 weeks ago

sheep

game over.. went up from 30sen..bochow ccccc ar...
buy back at 0.30-0.33...wakakakaka

2 weeks ago

sheep

when they ask you to hold means...they sell you hold...you kena goreng...wakaka

2 weeks ago

laulau

@BLee thanks for your vote of confidence on Iris
@Konnichiwa Can't post the link directly on Iris DCF Valuation of RM2.19 and Use of Retained Earnings to Offset Accumulated Losses (maybe special case for Iris as need a Court Order approval during consolidation process?) as blocked by KLSE Forum for some reason? However Google is our friend, just search for Iris Sxmply Wall Street for the complete analysis on Iris. *Note remember to change x with i for Sxmply after Iris to get around this block

Happy Trading Friends & Gentleman

2 weeks ago

VincentTang

Go buy FPHB and Cheetah. The next booming stock.

2 weeks ago

Bettyem

美国股市上涨 纳指及标普指数收盘创新高!
https://www.enanyang.my/node/609486

1 week ago

laulau

Will Iris venture back into property development for Data Centers with China Developer under Economic & Trade Cooperation Program & BRICS?

Malaysia-China have agreed to implement the second stage of an economic and trade cooperation programme, Tengku Zafrul Aziz said. The programme was first signed in 2013.

"This initiative will further deepen linkages between our industries in priority sectors like high-level manufacturing, digital economy, robotics, entrepreneur development, innovation and startup, as well as R&D (research and development) in agriculture and primary industries," Tengku Zafrul said in a speech at the launch of a Chery assembly plant in Malaysia.

During Li's visit to Malaysia from June 18 to 20, the countries will also sign two memoranda of understanding related to digital economy and green development, Tengku Zafrul added.

https://www.nst.com.my/business/corporate/2024/06/1065033/malaysia-china-renew-5-year-economic-cooperation-agreement

1 week ago

flytothemoon

lau lau, why you always share article and news that none related at all one? all use imagination to link them with iris >.<

1 week ago

laulau

Substantial shareholder of Iris Robin Tan, good relationship with PMX & DPM2?

https://thesun.my/local-news/berjaya-group-donates-rm2m-to-palestine-fund-NC11648476

1 week ago

Konnichiwa

Lol he doesnt care if the info/ news are related.

1 week ago

flytothemoon

means when news say government wanna buy underwear, and then laulau think iris worker all wear underwear also, so huat liao iris! they are related!

1 week ago

Konnichiwa

He probably got his KPI to meet but his creativity impressed me to be honest.

1 week ago

flytothemoon

no roadblock? lol

1 week ago

flytothemoon

aiyo, dont talk something then delete the msg la, so shameful

1 week ago

Konnichiwa

None of the links that you shared mention Malaysia’s collaboration with Chinese on automated control, e-passport.

Iris is not even attached with AI development.

You have gone too far in promoting. You are spreading deceitful information.

1 week ago

laulau

Thank for your concern.
Read my statement again. The key words is "Iris Mgt could strike the iron while it is hot to announce strategic alliances & collaboration for e-passport, automated border control (ABC) and attendance & security management solutions (ASMS), Ai & Digital Economy for Government & Data Centers with Chinese partners for countries under Belt and Road cooperation network through its International JV partner such as Aitken Spence Pte. As China is ready to work with Malaysia, to build a China-Malaysia community — Premier Li Qiang'. Iris is a developer of smart devices & smart kiosks for Border Security & Control which would incorporate elements of Ai? Iris can work with potential chinese partners with the required technology to enhance it's Border Control Solutions & Systems?
https://www.iris.com.my/smart-kiosks/
https://www.iris.com.my/smart-card-reader-devices/

"Premier Li said China would also expand trade and investment with Malaysia, broaden cooperation in areas such as logistics, new energy, artificial intelligence, digital economy and railway equipment, as well as step up cooperation on poverty reduction, to better achieve mutual benefits.'
https://theedgemalaysia.com/node/716037

Good Morning Friends & Gentleman!
After yesterday's Rebound, Today is another good day for Iris. Dr. Poh and substantial shareholder Dato' Sri Robin could take a leaf from TSVT to Strike the Iron while it's hot to announce strategic alliances & collaboration for e-passport, automated border control (ABC) and attendance & security management solutions (ASMS), Ai & Digital Economy for Government & Data Centers with Chinese partners for countries under Belt and Road cooperation network through its International JV partner such as Aitken Spence Pte as China ready to work with Malaysia, to build a China-Malaysia community — Premier Li Qiang,'

By Bernama / Bernama
18 Jun 2024
https://theedgemalaysia.com/node/715869
https://www.enanyang.my/node/609629
https://theedgemalaysia.com/node/708900

'Premier Li said China would also expand trade and investment with Malaysia, broaden cooperation in areas such as logistics, new energy, artificial intelligence, digital economy and railway equipment, as well as step up cooperation on poverty reduction, to better achieve mutual benefits.'

1 week ago

laulau

To succeed Iris Mgt, needs to be proactive & seize the opportunity offered under the China-Malaysia Economic Development Umbrella to enhance Iris Businesses? We are only highlighting the potential Strategic & Business Cooperation that Iris Mgt could undertake for the benefit of Iris Shareholders under the current China-Malaysia Economic Cooperation. Tks

1 week ago

Konnichiwa

Following your concept, let me try.

Luckin Coffee will be roping in a Bursa Malaysia-listed firm as its local partner armed with an ambitious stores expansion plan in the next five years, according to sources.

https://theedgemalaysia.com/node/716078

Can TSVT with vast experience in Starbucks bring in Chinese Luckin Coffee to Iris as an expansion under the Belt and Road Initiative?

Lol

1 week ago

laulau

Good try but wrong analogy as different Business segments for Starbucks. That's all.

Iris Mgt should focus on Iris core biz of Border Control & Security and see as how a Strategic & Business Cooperation between Iris & potential chinese partners could create Synergy for mutual benefits under China Belt & Road Networks with current China- Malaysia Economic Cooperation Umbrella.

RECOMMENDATION:
Take advantage of current Technology & DC connected stock play. Collect Iris as much as possible on any weakness, as Iris is on the verge of another breakout! Don't let sharks collect cheap from stale bulls & weak holders. For retailers with paper loss, now is the best time to average down Iris with minimum risk. With a clean Balance Sheet, good Cash Position, Little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher as already visited 0.44 Sen!. Soft target is 0.50 followed by 0.60 & beyond is still on

1 week ago

Chung

一間上市公司整顿股票數量變成少量股票公。最大的目的就是讓公司股票被看起来有價直。Iris 3月19曰整顿由4股變1股。.4粒8 cents股變1粒32 cents股.公司賺錢每股利潤高，Dividen高就吸引多人買股價自然上升。Iris股告別Cents股變戍元股可能時間上問题吧了。

1 week ago

flytothemoon

today laulau so quiet ,🤣

6 days ago

Konnichiwa

ya hor, laulau so quiet today

5 days ago

laulau

Tks for the concern :)

RECOMMENDATION:
Take advantage of current Technology & DC connected stock play. Collect Iris as much as possible on any weakness, as Iris is on the verge of another breakout! Don't let sharks collect cheap from stale bulls & weak holders. For retailers with paper loss, now is the best time to average down Iris with minimum risk. With a clean Balance Sheet, good Cash Position, Little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher as already visited 0.44 Sen!. Soft target is 0.50 followed by 0.60 & beyond is still on.

5 days ago

Batu4

why so hot ar?

5 days ago

laulau

Don't miss!, accumulate Iris on any weakness as got positive momentum.

Iris presently has a long green candlestick, indicating there is strong buying pressure; this typically indicates price is bullish!

Remember Pestech Aerotrain contract termination? Government is good at backtracking as Pestech is currently back on Aerotrain Project in JV with IJM. Iris substantial shareholder Dato' Robin's father is TSVT who enjoys good relationship & lobby with present Govt & Royalty. Iris could also comeback into Niise Project through a JV with the successful bidder as Immigration is still using Iris Border Security Management Equipment & Systems. Arbitration with Government on quantum of compensation for Iris on Niise termination is also ongoing? Otherwise why the long delay to announce the successful bidder and why the sudden strong buying at Iris as 2nd wave of uptrend underway!
https://www.freemalaysiatoday.com/category/nation/2024/01/19/no-govt-interference-says-loke-as-pestech-back-in-aerotrain-project/

5 days ago

laulau

Buying pressure is building up again! Book your tickets for the next premier!
RECOMMENDATION:
Take advantage of current Technology & DC connected stock play. Collect Iris as much as possible on any weakness, as Iris is on the verge of another breakout! Don't let sharks collect cheap from stale bulls & weak holders. For retailers with paper loss, now is the best time to average down Iris with minimum risk. With a clean Balance Sheet, good Cash Position, Little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher as already visited 0.46 Sen!. Soft target is 0.50 followed by 0.60 & beyond is still on.

4 days ago

flytothemoon

problem is rumours created by you only wor :D somemore the rumours always non related

4 days ago

laulau

Don't miss! Already reached 0.46 today. Buy on Rumours, Sell on News!

Iris presently has a long green candlestick, indicating there is strong buying pressure; this typically indicates price is bullish! No need to be agitated unless Macai from Operator?

4 days ago

newbie9893

watch out Iris, will shoot up crazily likes Notion

4 days ago

newbie9893

if you have missed out notion & Jcy, no worries, just sapu Iris now

4 days ago

speakup

flytothemoon miss the boat? Never too late to buy. Don't wait till 60sen then regret didn't buy

4 days ago

flytothemoon

i have 200k paper gain now, got whatsapp or wechat? i send you the photo

4 days ago

speakup

Then why sound like sour grape?
Anyway good hear u making good money in Iris 👍

3 days ago

flytothemoon

not soul grape ,dai koh, just giving laulau advise no need what also relate to iris....share something real enough

3 days ago

laulau

Thanks for your advice.
Loved the Operator's Textbook Modus Operandi.
eg.
#Strike fear on Retailers with talk of more Share Consolidation?
#Attack the Messenger
#If fails, tried Shaming or Praise instead?
#If still fails, Try to attack the Credibility or Raise Doubts instead?

I still rest my case.
"With a firmer Bursa today, Iris is well positioned to move higher once the small block at 0.46 sen is broken, only 500k required. Soft target is 0.50 followed by 0.60 & beyond is still on." :)
Btw for those who profited from my call on Iris, have a look at Vstecs, Kobay or Engtex. Prime candidates for another Bullish Rebound?

3 days ago

speakup

laulau u the man! what is iris tp?

3 days ago

laulau

Soft target is 0.50, followed by 0.60 and beyond depending on mood of the Operators as got TSVT Berjaya Group DNA? Goodluck & All the Best! :)
Btw For those already taken profit remember to look at Vstecs, Kobay or Engtex now at attractive price.

3 days ago

nasgee

fasterr iris jc wth theetaaaa...vroomm LU soon

3 days ago

faruqie

hard to break 0.48-50 sen

3 days ago

Eagle77

Otw down ⬇️⬇️⬇️🩸🩸🩸

2 days ago

Eagle77

0.40 ⬇️🩸coming

2 days ago

Eagle77

Iris has nothing no project so ⬇️⬇️⬇️🩸🩸🩸

2 days ago

flytothemoon

speakup, Eagle77 this one is so called sour grape la, coz he no buy but like to talk cock

2 days ago

speakup

Ya ni memang sour grape 🍇

2 days ago

opportunist88

Composite index direction

2 days ago

laulau

Yes many sour grapes who missed the boat are here! So far Iris Operator has done a good job to keep Iris price steady? The rest is up to them to determine Iris market directions? Will come back for a visit once they made up their mind? Already given many hints to Iris Mgt. to provide the Oomph!

2 days ago

Konnichiwa

Management kinda low profile for long time. No news pun 😬

1 day ago