@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.
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.
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.
@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.
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.
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.
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.
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.
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 :)
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.
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