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Overview
Financial Highlight
HeadlinesBusiness Background Iris Corp Bhd is a Malaysian based company. It operates in five divisions. Trusted identification Division offers e-passports, e-identification cards, banking cards, transportation and other related trusted identifications devices and equipment. Property Development and Construction sub-division are engaged in the construction of buildings and modern integrated farms and manufacturing of Koto industrialized building systems. Food and Agro Technology sub-division provide provision of food and agro-produce and equipment. Environment and renewable energy provide provision of waste management and power and energy-related systems. Education Division offers the provision of academic, tertiary and professional courses. It generates the majority of the revenue from Trusted identification Division.
  AlexChiaWS Today got meeting with MOF right? Maybe they are waiting for Niis Budget to be approve by cabinet. https://www.theedgemarkets.com/article/muhyiddin-chairs-special-cabinet-meeting 23/10/2020 12:28 PM rdwidjaya Don't play contra on this counter. If you can't hold, I suggest it's wiser to breakeven today while you can. Otherwise if you have holding power to keep the stocks, just wait till Budget 2021 announcement on 6th Nov 23/10/2020 1:21 PM Aurora13 Nola today today cabinet to beg seats, where got time to bother about NIIS at this time 23/10/2020 1:46 PM Rosly Smt Bubar? Nampaknya panas Mesyuarat Menteri Kabinet hari ini.. https://www.headbomb.net/2020/10/mesyuarat-kabinet-cadang-bubar-gantung.html?m=1 Just be extra careful this afternoon.....we are here to make money 23/10/2020 2:43 PM JohanPertama won't an emergency order be good for IRIS? it most likely means status quo throughout emergency period 23/10/2020 2:54 PM Noobie123 PETALING JAYA: A special Cabinet meeting is being held in Putrajaya attended by all ministers to discuss Budget 2021. A source said the views of the ministers are being sought for the budget, which will be tabled in the Dewan Rakyat on Nov 6. “All the ministers are at the meeting,” he said, adding that it is being chaired by Prime Minister Muhyiddin Yassin. Budget 2021 comes amid the Covid-19 pandemic that has caused many businesses to close and forced thousands out of their jobs. The opposition has been pushing for more allowances and assistance for businesses, including the tourism and service sectors, which are among those badly hit. No Cabinet reshuffle The source ruled out a Cabinet reshuffle, saying Muhyiddin is keen on getting a fresh mandate from the people. “An election is the only way to move forward to get the rakyat’s mandate,” he said. Another source told FMT that Barisan Nasional, PPBM and PAS divisions have been asked to name their candidates for GE15. The division chiefs are in the midst of listing their candidates, he said, while a “political ceasefire” takes hold between Umno and PPBM. “The seat negotiations among BN, PAS and PPBM are ongoing with the majority of them agreed upon. Now each party has been told to submit the names of the candidates,” he said. The source said some groups had been pressuring for snap polls to be held as early as next month but “everything has been put on hold because of Covid-19”. He said the people will not forgive the politicians if the polls were held now as the number of positive cases has been hovering around 700 to 800 a day recently. “They are just waiting for the numbers to come down,” he added. 23/10/2020 2:56 PM Rosly Smt Johanpertama ....decision cannot be made ....if made ...it can be revoked by newly elected gov Just like be4 on other gov project...many gov projectS flip flop....anyway happy trading and extra careful ...earn money and spent wisely ...TAYOR 23/10/2020 3:53 PM JohanPertama Rosly Smt, not easy to flip flop once contract granted as termination of government contracts also entail compensation (to company) for termination of the contract (unless if linked to corruption or unlawful consideration). At the end of the day its a question of whether NIIS is a priority in covid era or not i think. 23/10/2020 4:09 PM Liquidity I think 6 months "emergency" is good. Budget 2021 will be passed by PM with no issues. No snap election during COVID peak period. And NIIS project CAN be considered as a COVID priority project, due to foreign worker movement etc. Maybe then PM can award this to Iris, MYEG and S5 as speculated. 23/10/2020 4:22 PM rdwidjaya @Rosly Smt it could also mean that, the ruling government can proceed with what has been planned, without unnecessary distractions / other demands. And regardless of our personal political siding, personally I find this "emergency" a good thing to improve stability of Malaysia's economy. Market doesn't like uncertainties after all; moreover, definitely not anymore uncertain than covid threat 23/10/2020 4:28 PM Youghin every time when Iris price was moving up, surely there was an political news caused the price to drop back =.= 23/10/2020 4:29 PM night_shadow The question is how low it can go? haha luckily i didnt buy yesterday, now waiting to sauk at the bottom 23/10/2020 4:40 PM night_shadow Last few mins before market closed a lot of sharks sauk this counter.. i wonder what they plan to do next week huhu 23/10/2020 5:09 PM Aurora13 Smart move... Maybe next time seasonal flu also can declare flu emergency 23/10/2020 6:20 PM Noobie123 I worry Niis is placed on back burner as budget is more for Covid19 related projects. It would be like ECRL awarded but cannot proceed status. What do you guys think? 25/10/2020 6:37 AM Kabana1956 Govt is on a very tight budget. I reckon this niis thing wont happen in the near future. 25/10/2020 8:39 AM  SinGor i wonder where is the sohai who said MOF has instructed Iris management to made announcement. Such blatant Lie also people dare to said 25/10/2020 4:35 PM Legend YDP Agong Al-Sultan Abdullah berpendapat tiada keperluan buat masa ini untuk Seri Paduka Baginda mengisytiharkan darurat di negara ini atau mana-mana bahagian negara Malaysia. 25/10/2020 7:09 PM Noobie123 A strong budget to fight the pandemic and economy....will NIIS be included? 26/10/2020 7:15 AM klugman niis is essential to fight the covid 19 as it is a system to monitor the movement of people especially the foreigners. i think contract will be given to DNEX as it is a GLC 26/10/2020 8:59 AM air01557 klugman pl go to DNEX forum to promote your stock, your pointless comments are not needed here. 26/10/2020 10:34 AM NawaMan klugman DNEX also got nothing to do with NIIS... well to be fair they did tried very hard at it, but in the end also failed. RFID is not suitable for high tech digital ID solution and further more what IRIS have right now is light years ahead of what you all can offer... so sad but you guys should stop dreaming aldy hhahahahahaa 26/10/2020 4:36 PM rdwidjaya @NawaMan To be fair, it is not entirely true to promote that IRIS' technology is light years ahead. Nowadays, it is not difficult for another technology power-house to replicate something similar. What IRIS has that sets it apart from competition, is PATENTS (intellectual properties owned and registered). A patent search of IRIS corp would easily reveal more than 40 invention records https://patents.google.com/?assignee=Iris+Corporation+Berhad Meaning to say, even by commercialising its rights of invention, to another company or competitor, is already a "sleeping revenues". This is in fact, what Trump has been trying to axe out the rising Chinese tech giants, by playing with cutting out of supply to China's tech supply chain, when it comes to anything to do with chip set. Because, many patents related to chip sets are still owned by US coms. This is the power that someone like IRIS has, when it comes to innovations related to e-passport. Otherwise, many other competitors can copy. 26/10/2020 5:13 PM kingstock007 people who run this company and people who goreng this stock in bursa are totally two different gang of people. there is totally nothing to confuse about.... some stock has bad DNA and it has got nothing to do with how well the company is doing. 26/10/2020 7:59 PM PabloDsilva Its very obvious that IRIS is on the peak for NIIS. Just glance through all potential winners volume for past 3 months and the answer could be found easily. 27/10/2020 2:31 PM lee_m2020 Just wait the upcoming Budget at parliament.. Must be passed by BN and PN....as per advice by YDPA.... And the announcement for NIIS shall follow.... 27/10/2020 4:14 PM  | | ||||||||||||||||||||||||||||||||||||||||||||||||
