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Overview
Financial Highlight
Headlines
Business 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.
  commonsense Whats the game plan here? In term of profit this company currently has none. I am assuming those that are buying is betting on Iris to get back most of the contracts that they had lost to Datasonic (RM270mil Jabatan Imigresen contract & the RM300 mil Mycard contract for example). But what is the profit target investors are putting here? The simplest way is to take the 12 months profit of Datasonic and assume that the same profit can be achieved by Iris. This would mean a PAT of RM59mil (but this would also mean that Datasonic PAT will go to zero. Not sure if its logical or not). Assuming this is the case, then the current market cap of RM460 mil would value Iris at around 7.7x fwd PE. This also assumes that all loss making and non core assets will be disposed off as per what management is planning. Appreciate those that are invested in this company to provide feedback. 16/11/2018 09:15 commonsense There is an article about the company in today's Focus Malaysia if you guys are interested. 23/11/2018 11:31 wiselythetrader IRIS 0010 Overview 28 NOV 2018 http://wiselythetrader.com/iris-0010-overview-28-nov-2018/ 28/11/2018 20:04 berry IRIS : Revenue | NP to SH 340,239 | -121,753 RPS | P/RPS 11.47 Cent | 1.22 EPS | P/E | EY -4.10 Cent | -3.41 | -29.32% DPS | DY | Payout % 0.00 Cent | 0.00% | - % NAPS | P/NAPS 0.06 | 2.17 YoY 58.32% NP Margin | ROE -35.35% | -63.73% F.Y. | Ann. Date 31-Mar-2018 | 28-May-2018 13/12/2018 11:20 onlyhuat IRIS PAY IRIS PAY 只能在Subang 区开设大马首家无人便利商店IRISPAY E-Concept Store user malaysia :5,000++ 13/12/2018 18:59 terminator88 DR POH SOON SIM (a company director) acquired 300,000 shares at 0.145 on 07-Dec-2018. 17/12/2018 08:52 terminator88 how do u guys think robin tan's involvement going to help iris? seems like smth brewing in the background. 17/12/2018 09:20 BigPro Wait and follow up closely the new management team plan and progress to make company growth further... 18/12/2018 09:47 Bull13 IRIS is the original maker and supplier for mykad and passport chips. They shd get back the contract. 02/01/2019 09:46 terminator88 so much big volume transactions, do you guys think the interest in this share is high? seems to me like thats the case. something brewing in the background? 02/01/2019 11:14 maney Just re-check announcements. Dato Poh is the seller! So what’s going on at Iris? 02/01/2019 11:44 tingkap FGV rocket today. major shareholder of IRIS. is it IRIS follow their shareholder counter? 11/01/2019 09:48 vinvin Can anyone let me know whether OrientalGold Equity Sdn Bhd belongs to Dato Poh. If so, then it is good for Iris. 11/01/2019 14:21  |
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