@Sailang_now Parroting the same narratives by deleting past comments made it even more suspicious.

@Alex Only why the operator (market maker) is suppressing the price remains unknown. Seems like the tickets they bought at 0.105 ~ 0.110 is being sold at 0.100 and below.

You just answered your own question.

To add to the point above, the company's faith in NIISE and the share price itself equals the answer of obvious selling.

@Invest Bingo. What I am suspicious of is in the reality of the NIISE being a positive contributor to the company's bottom line. If it truly presents itself as a contributor, the share price would have reflected it greatly. Therefore, I think the NIISE might not be the real answer that everyone's searching for.

Let's play a game of bet.

I bet more sellers would sell rather than buy if IRIS remained stagnant from 8th of June till the end of this month.

No buyers with a sane mind will buy knowing that share price remained where it's at.

@Tiger Exactly. Seems like Betty don't understand this part. Investors would rather sell than buy if the news is not in alignment with the share price.

@Betty Even MYEG knows how to navigate out of muddy waters by the sharp rise in its share price. Words no longer appeal to investors these days.

People have forgotten that the government did plan on taxing the wealthy in the stock market in 2024. When the time comes, it'll be worst than OPR hikes. Funny how some people are living a carefree attitude now. Wait till your pocket gets emptied and you cry mummy daddy to the government.

Nothing is hidden anyways, time will reveal it somehow. Nice seeing a jump, however, not convinced unless material gain reflects that of a passing past its hurdle at 0.20cts.

I believed that many of you have seen really good companies with positive track records but went amiss with their share price. Companies can try afterwards but nothing good will come out of it once the kettle is fully boiled.

@Sailang_now It doesn't matter. Once the momentum wave passes, it'll be really difficult to appeal to investors even if they had good news to share. Time or Perish.

Best case in point is in MYEG. Share price dropped but recover quickly when business resume. IRIS has the tail wind to follow suit since the home affair ministry has validated the NIISE project.

@Investgaogao True. Otherwise, it's just mere speculation. Prove it or people won't believe it.

@Sheep Username checks out. Did they rely on the contract for upsize gain in the most recent QR released? I bet you like fake news channels more than the truth.

@Peace Sipping on my home made machiato while gazing with a smile knowing fully that people who knows, knows. Wishing you a success in realizing gains in IRIS.

@investgaogao Bingo. If the company are too dependent on NIISE, the QR would have reflected a more dovish tone comparatively. I am still a bull on IRIS prospect in the interim and into its future. I don't mind holding onto my little ride at 0.10cts.

Interesting volume gain. Lucky me to buy a little at 0.10cts.

Sharing it for self-referencing purposes;

https://klse.i3investor.com/web/cube/blog/blposts/abbeyiris2952023/CalculatingAbbey

The media been buzzing in on IRIS as of late. I could see why. KDN' approval of IRIS's reengagement in the NIISE contractual obligation will bring upsize of share gain for both IRIS and Tass Tech. I am keen to see how that would reflect to a gargantuan size gain in accord to its Share Price RFL in the coming weeks to months timeframe.

If the realized gain from the orderbook and the main focus is in developing more affordable property, I could see why SMCAP remained more than just an appeal at this price @Dompeilee.

As for the naysayers, a couple of weeks back will your name blacklisted from my blog.

https://klse.i3investor.com/blogs/reboundofglovestocks/2021-03-04-story-h1542030076-My_Diamond_Pick_SuperMax.jsp

Thank you for your time. I am now looking elsewhere at;

https://klse.i3investor.com/blogs/topglovereboundwithabbey/2021-04-29-story-h1564199260-Abbey_s_TopGlove_Diamond_Pick.jsp

https://klse.i3investor.com/blogs/topglovereboundwithabbey/

Thank you for tuning in, much loves to all of you here :)

Mar 4, 2021 8:19 PM | Report Abuse

I love every bits of the hoo and the ha here. I am positive at 4.175. What about a technical rebound to 5.450? :)

https://klse.i3investor.com/blogs/reboundofglovestocks

I love every bits of the hoo and the ha here. I am positive at 4.175. What about a technical rebound to 5.450? :)

https://klse.i3investor.com/blogs/reboundofglovestocks

Too cheap to be sold dearly.

Never waver your eyes on something that is brewing above its prior valuation.

Move aggressively and catch it swiftly.

Taking profits soon. =)

Believe and it shall be yours to take :)

Bought IRIS at cost price. Revised figure: 0.56. Looking at it in one and a half month periodic cycle. Good luck.

https://klse.i3investor.com/blogs/calculatingabbeyasiapoly1/2020-09-03-story-h1513290257-Honoring_Fellow_Users_AsiaPoly_s_Forum_Value_Added_Members.jsp

Good luck.

The comment section surely disappoints but not the stock play itself.

My last advice here to everyone involved would be;

In a crisis, be aware of the danger but also recognize the opportunity. Sometimes it may not cut it to buy but with close scrutiny to a circumstance, there lies great opportunity to be sow and reap in the near-term.

Best of luck to all the investors and I am sending good vibes to take
with you till the valuation of this stock matures.

Date of Maturity: 0.70 - 1.00.

stbc1978, I would have factor MYR1.30 for IRIS, but I am holding it more towards the short-mid valuation side of things at hand. Hence, 0.60 cts seems reasonable for me, for now. I do respect your opinion, and I hope you do the same. Happy investing ^^

CUTLOST, I've this valued at 0.60, interesting how our ideas converged. Its prospect is decent and the headlines of its growth is bewildering. Let's monitor the future valuation of this stock after it hit the 50 - 60 cts range.

Agreed wholeheartedly from a similar perspective as well. Still amazed by its debt management, what a magical ride!

I see that you've done your research well, survivor13. Let's not forget that IRIS boast a strong debt management to which I am still amazed by their ability to resolved it per an annual basis.

Interesting closure for today, it seems to me that this stock has consolidated a hefty sum of bullish pressure to engage in an exponential spike in the upcoming weeks. I am happy to see the growth of it being positive to everyone involved and to the naysayers, thank you for your constructive criticism because I am not playing in the fields of your speculative nature. I am investor, not a gambler.

Agreed, lau9639. I was monitoring the orders in conjunction with the volatility and was surprised how well the sellers are being absorbed by the buyers. It exudes a strength of bullishness that will soon spearhead unprecedented spike

Don't quote me for any targets that I didn't mentioned. My objective is based upon the underlying valuation of a stock from historical modeling through assessment of intrinsic value. Likewise, quote - unquote, I've reinstated and will only standby the objective valuation of 0.70 to 1.00 for this stock. Anything above 1.00 is over-priced and over-valued.

To other investors, if you have done your own research, know what you've invested and don't waver for anything other than the expected valuation of your objective. Some people are insidious for conjuring unnecessary pump and dump fear to benefit from themselves in the short term. I hope that the ones whom gain from other expenses will be served by their own karma. It's never a good thing seeing other people losing money for your own benefit.

Don't judge a book by its cover, let this stock flourish on its own unique price range. Induce panic selling because of correction is due to fear and nothing else *wink*

Mild maybe, major correction impossible on this scale. Usually when correction happens, it's when the hands get sweaty, if you know what I meant. Still, I persist and insist the valuation of 0.70 - 1.00 :)

No correction until next week =)

Virtual identity remains private for a reason. But I can honestly speak from experience that you are in good hands, this stock is extremely undervalued. The valuation I had proposed as seen from many posts prior were dealt with care as a retail professional and not from a broker/bankers perspectives. 0.70 - 1.00 is the fair value of this stock play, if you don't believe me... it's fine. You can see from the overwhelming momentum until correction hits in the coming weeks.

More upside to happily end all the selling pressure

Only poor hands will switch out for short term profits which is a waste of time and commission.

Congratulations but too early for my likin, ruby20. 70 cents - 1.0 will reach its mature valuation

That's right :)

Agreed, volume wise - it's absorbing really well. I think for swingers like me, it doesn't matter a lot haha. But for speculators looking to get out based on intraday targets... well it might pose a risk on their portfolio

Average VWAP and Price target
4 Weeks Price Range 0.070 - 0.205

My personal viewpoint on target is at 0.070 - 0.100. 0.200 over-valued.

For those whom want to aggregate data to do historical valuation, here's my default set file in excel format. Data updated to present

https://www.mediafire.com/file/i9zh6c3bim6z3xb/0105.KL_%281%29.csv/file

For the uninformed, https://www.shareinvestor.com/fundamental/factsheet.html?counter=0105....

Look at the TSR returns in 3 months.