OPEC oil output cut didn't push the oil price up. Good news for AAX. Coming QR will continue to see massive profits as the air tickets remained high and the air traffic continue to surge higher towards pre-covid level. Which mean biz continue to be good in 2nd QR. PP is old news, already priced in previously. More funds, more planes with zero interest. The fact that AAX is going to fly higher due to almost zero debts, and yet highly profitable atleast for the rest of 2023.

The only thing that going to cause the share price to collapse would be taking over Capital A airlines biz along with their massive debts.

Bargain hunting today. And US market starting to do better with rates likely to hold in short-term. More upsides on Monday

I have said QR result might be big enough to push this share. Currently all these e-government companies suffering from the new government policy. With Malaysia market continue on the downtrend due to political uncertainty, it's difficult for this share to move higher for now.

We got to wait until we see the number from blockchain. The figure from blockchain might not be good in the coming QR too as they just started the system. Getting exporters in RCEP to use the new system will takes time. But with RCEP agreement in place, sooner or later China will make it compulsory to go through Zetrix to ensure no tax leakage. It will takes time.

For those who predicted 70, 60sen, can that happen? Yes for sure. We can see global market slowing down. Recession might hit anytime especially US have to cut back on spending in the next 2 years.

What more, Nasdaq & S&P have been on a hot run. That might be a bubble as it's obviously global economy is slowing down. US and China tension aren't helping

But that is the worst case scenario. If US market able to give a more positive indicator, Malaysia market will soon have bargain hunting in the next few days. But with election coming, foreign investors would stay on the sideline waiting for the result. Any bad election would create more uncertainty. PH and unity government has a big task to win in the next election. Removing T20 subsidies might not win them the b40 and M40 votes. And they might lose More T20 votes.

But if you're investing long-term, why worried like the fuker? Always looking myeg please drop please drop. He probably doesn't has a life to begin with. Sad

The same fuker that say Harta going rm5. You win what? Like a kid, yeah I won I won. 😂😂😂. Seriously...

UK too suffering from hot weather. More water consumption with higher tariff.

Hot weather. Leads to more power consumption. Next QR shd be good.

BEIJING (June 2): The Regional Comprehensive Economic Partnership (RCEP) agreement took effect on Friday (June 2) for the Philippines, confirming that the RCEP agreement is now in effect for all 15 members, reported Xinhua.

The full RCEP implementation reflects the determination and actions of its 15 members — 10 members of the Association of Southeast Asian Nations, China, Japan, the Republic of Korea, Australia, and New Zealand — in supporting an open, free, fair, inclusive, and rules-based multilateral trading system, China's commerce ministry commented.

The RCEP agreement was signed in November 2020 by the 15 Asia-Pacific countries after eight years of negotiations. It entered into force on the first day of 2022, creating the world's largest trade bloc.

The full implementation will inject strong momentum into regional economic integration, comprehensively enhance the level of trade and investment liberalisation and facilitation in East Asia, and contribute to the long-term stable development of the regional and global economy, said the commerce ministry.

In 2022, trade between China and other RCEP members increased 7.5% year on year to 12.95 trillion yuan (about RM8.4 trillion), while their investment in China, in actual use, went up 23.1% to US$23.53 billion, data showed.

China will continue to ensure solid RCEP implementation to give full play to its role in facilitating supply chain and industrial chain cooperation, as well as promoting high-standard opening up and high-quality development, the ministry said.

China will also work with other parties to fulfil its obligations, strengthen the RCEP mechanism, enhance the overall implementation of the agreement, and provide a strong guarantee for the steady development of RCEP cooperation, it said

Keep for long term. The potential already can be seen the blockchain. All it needs to show revenue

Without any complications to the US debts ceiling, hopefully tmr continue towards 90sen

Thanks god. When you leave it's going to be great.

The SKL that said going below 70 or even 60!. The same skl said QR will be very bad. Runnnn. Last chance.. funny. basically he is a scammer la.

Like we said @Jaycee89. Just leave the forum. Nobody care whether you bought or you bull💩.

@choysun. How do you read the short position?

QR is good..but I think we might got to wait for the blockchain to come in before it fly...ofcourse I expect more projects from government and china on the blockchain soon. Maybe even phillipines.

Foreign workers would be a booming business in Malaysia for the next 1 year. Every business rushing to get foreign workers in. So more revenue from that segment for sure.

SKL told everyone it's going to be bad QR.

Not bad not bad. 105m profit. Revenue up to 173m.

Sin Kah Lan @Jaycee89. I can ensure he has a few i3investor account. Going to different counters to spread rumours and create speculations. Just like how he did with myeg and harta. Those who listen to him would have sold Myeg at low price and bought harta at high price. His name just same as his attitude 💩. Fuker

Yup. Hopefully. nobody could really tell what will happen. So just wait and see. But for long term seems to be very good. China market would be huge.

UW1970 might be today.

With more news out on the potential of zetrix. We still doesn't have any figure what kind of revenue that blockchain could bring in. Myeg able to penetrate the China market would be crucial.

Because NIISE still in progress. Not cancelled. Meaning the future growth earning is still pretty much not clear. If that project had been cancelled, different story. Myeg must able to show blockchain would be their next big thing that would able to replace the revenue from immigration.

Stop your bullshit here @jaycee89. Go anywhere along with your bingo friend. Stop coming here. Your "expert" analysis not needed here.

Zetrix as a catalyst for blockchain technology adoption and innovation across all business sectors, will allow and accelerate the adoption of 4IR technologies — blockchain, artificial intelligence, Internet of Things, advanced materials and technologies as well as cloud computing and big data analytics.

I don't know who is Bubi though😂.

Currently, we are integrating with customs on both sides [Malaysia and China],” added Fadzli, who is also MX Global chief executive officer.

So Malaysia custom will also be using zetrix blockchain.. slowly more departments will use too. Immigration and jpj next?

Accidentally deleted the post. Anyone got any news on iris? Why collapsed right before announcing good QR?

Bjland should just privatised. Talk about HSR when they never got the expertise and partnering Sinohydro, 1 of the smaller company from China that keen on the project. Be frank, what are the odds ? If they could partner a bigger proven company like China Railway, then they might stand a slightly higher chance. Or else why bother to waste time. their golden era seems to have gone with VT.

Market should be continue rally on Monday.

https://theedgemalaysia.com/node/668845

I wouldn't say it will up and down base on today performance. Got to see next week with QR due. Hopefully with Datasonic reported great QR, myeg would follow with the influx of foreign workers since reopening. Short-term factors already all in except QR only. And blockchain income will only reflect in next QR atleast.

The extend the validity of the project is questionable in the 1st place. 10% completed in 2 years with 80% of it sold to a third party. So the government is dealing with the third party or Iris? If third party, who is not part e-government vendor, then wouldn't that void the contract?

Sorry to the rest for all the bad postings.

Don't worry. I'm holding. Will surely buy more if price fall further. Go ahead with your gloves or what so ever..don't need to cause panic here while waiting opportunity to grab. Don't need to stoop so low.

@Jaycee89. Believed you go Holland? Anyone who sold everything and follow buy Harta, would incurred even bigger losses. For you, probably just laughing behind because someone bought your harta shares at high price.

@bingoman. Learn to read ady? Still can't see your 30m shares sold by boss..yet here talk nonsense? Too late sell ady? Share closed @ 0.765? 0.765 = no value? Never study is it? Atleast i'm sharing real info. Not like you 30m shares sold by big boss. Run. Going collapsed! While in your mind, you just hope it fall so that you can grab at low price. Same as Jaycee89.

@meisarel. Yup correct. The open contract with immigration will continue as long as niise not ready. And Iris will face more cash flow issue with payment on this project would be delayed too.

It's in the news. The edge Malaysia. Or you can check iris corp Bursa announcement

Reference is made to the Company's earlier announcements dated 29 January 2021, 2 February 2021, 2 June 2021 and 26 May 2022 in relation to the Letter of Award dated 29 January 2021 issued by KDN awarding the tender to IITS, the Supplemental Letter of Award dated 11 May 2021 and the NIISe Contract dated 25 May 2022 with regards to the NIISe Project.



Unless otherwise defined, the terms used herein shall have the same meaning as defined in the earlier announcements.



The Board wishes to inform that IITS has on 23 May 2023 received a letter from KDN dated 22 May 2023 wherein KDN has agreed to extend the duration of the NIISe Contract for a period of twelve (12) months commencing from 1 September 2025 to 31 August 2026 (“Extension of NIISe Contract Period”).



Following the Extension of NIISe Contract Period, IITS is required to extend the validity period in respect of the performance bond for a period of twelve (12) months until 31 August 2027.



The abovementioned changes in relation to the Extension of NIISe Contract Period, validity period of the performance bond and the relevant schedules in the NIISe Contract to reflect the Extension of the NIISe Contract Period will be made via a supplemental agreement to the NIISe Contract. Save as aforementioned, all other salient terms of NIISe Contract remain unchanged.



Further announcement on the supplemental agreement to the NIISe Contract will be made in due course.



This announcement is dated 24 May 2023.

IRIS struggling to complete the project. Project target completion 31st august 2026...

Caring? Hoping for a stock to crash is caring. Didn't know that. Your parents taught you well.

Ya thrash stock. Yet you spending so much time here? Yeah ppl believe you in harta shares. Where is the 100% gain? Why? Couldn't get enough people to support your gloves?

So when did the big boss sold 30m shares on 3rd may? You can't even read things properly.

Like I said please sell everything and bet on gloves. Don't bother about myeg. 100% gain on gloves. Good luck.

https://www.thestar.com.my/news/nation/2023/05/21/racing-to-get-a-number

Myeg QR going to be bad? Everyone rushing to get foreign workers. It would be a massive QR!

Which director hinted to you? Or you trying to say the boss sold 30m shares on 3rd May. That is the hint? Amazing. You got to be better than Warren Buffet.

Please feel free to buy. Don't worry about myeg. Just all in on gloves.

Ya. Please go all in to glove stocks.

When someone clearly got mental issue.

Ya. Please go and check and show us better. Regardless how I read, 3rd May 14.8m shares disposed via business direct. Where is the 30m.

The big boss holding steadily above 30% shares. When did he run? But he is holding very close to triggering 33.3% general offer. Please watch the link below shared the previously.

It's true the big boss has been buying and selling all these years. But very small percentage. You know how to buy and sell, the big boss doesn't know? What more, his shareholdings always hold near 30%. Run? That got to be a joke right?

https://youtu.be/18-bnEbG8ao

Since when big boss dispose 30m shares? 14.8m becomes 30m? And the big boss still holding more than 2B shares. So sell 30m ( actual 14.8m) can cause the price drop to 60sen.. wow.

Blockchain act like a tools to attract investors? For sure yes. Blockchain already exist for many years. And going to be the future for the next decade atleast. True enough, we got no idea whether this blockchain going to bring in huge profit to Myeg or not. But with operations in Philippines going very well ( even better than Malaysia i think), and with extensions given to traditional projects, it will buy myeg time to build on the blockchain. The blockchain for China custom already started operational this month..we shall wait and see.. and ofcourse the national blockchain with the Mou signed with MIMOS. If they managed to build that, all departments would integrate their systems into the blockchain too. Myeg future is on the blockchain. Niise will only define their share price in short term. Can you sure that Iris really capable of completing the whole project by 2024? I doubt that. If yes they wouldn't need to sell 80% off the project to get cash flow. What worse the buyer also can't raise fund to buy over that 80% project. 1B project sold for 70m? Sound fishy to me.

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350883