UMW Oil & Gas may experience further weakness after fallingbelow the MYR3.81 level. Traders may exit their positions if the stock stays below this level in the near term. Further support is anticipated at MYR3.36, followed by MYR3.12. It may need to rebound to above MYR3.99 to eliminate the bearish bias .
- RHB

http://www.malaysiastock.biz/Corporate-Infomation.aspx?type=C&value=CONSTRUCTION&securityCode=9717

I think u rather it not open

this company every year earn money and growing steadily...only panic sellers throw yesterday...haha...strong company...PE 7 only...steady guys.

keep buying tomorrow

stay away this counter...its a trap...

fundamentals are intact...general market is weak...but will rebound soon...earning money every quarter...

its a cost to skpres....sure drop tomorrow

yeah...tomorrow quickly dump fast....transacted already below market price...current market price is over valued....

dow jones drop 230+ points...the only way to earn out of this market is through pump n dump scam like how boner do it...

dow jones drop 230+ points....

dow jones drop 230+ points...the only way to earn out of this market is through pump n dump scam like how boner do it...

tipu lagi ni.. boner nak jual hari ini...

even cheaper ...

from the edge....tomorrow will drop further...

Integrated oil and gas player Daya Materials Bhd has fixed the price of another tranche of its placement shares at 26.5 sen each, which is a discount of 2.27 sen or 7.89% to its five-day volume weighted average market price up to Sept 30.

The group said it had accepted an offer from one Norzain Abdul Wahab to subscribe to 50 million placement shares, valued at RM13.25 million, its filing with Bursa Malaysia today read.

The share placement undertaken by Daya is one of the methods to raise funds for the acquisition of two offshore subsea construction vessels, Siem Daya 1 and Siem Daya 2, for US$280 million.

Daya lost half a sen today to close at 28 sen, giving it a market capitalisation of RM388.87 million.

ahhaha jolie2 is fearful now...he quickly tell u to be greedy...so she will be less fearful...hahaha

dow jones down...tomolo will crash one more round

the moment 0.595 clears...a bunch of 0.595 will be dump out again...just watch..

this counter is controlled...stay away

looks like got the symptom here...afternoon will be another sharp drop...better sell now...

ini bursa la

they need to inform bursa as it is material announcement first..

announcement is coming on asset injection...that's why the constant collection..

yeah ....ask them to sell so tanseah can buy them cheap from you..hahah......the asset injection is real...mngt do not want to admit as they have not informed bursa that this is a material announcement yet...hold on tight...collect now while you still can..

ooo....takut lor...itu fundhouse pun takde rekomen...ini macam penny stock ...boleh mampus oo...boner mesti dah beli 0.150...nak buang stock hari ini...dia blog semalam...

http://klse.i3investor.com/blogs/rhb/60226.jsp

the target price set by RHB is only 0.585 followed by 0.605 lar...

haha did boner sent you?

TA ask u to sell so they can buy low la....GST is a guaranteed revenue for IRIS....the analyst thinks we are stupid...hahaha

its gone..

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1746073

tomorrow big drop....it was only rumour...good luck guys!....

KUALA LUMPUR: Iris Corp Bhd has been appointed as the approved agent for the goods and services tax (GST) refund services to foreign tourists under the Tourist Refund Scheme, confirming a StarBizWeek report on Saturday. In a filing with Bursa Malayisa, Iris Corp said the job had been awarded by the Royal Malaysian Customs to the group’s unit, Iris Information Technology Systems Sdn Bhd.
Iris Corp said the investment of the tender was RM155mil, but that it would be paid a fee of 15% from the GST refund services.
The company said the appointment was for a period of three years and a further extension of two years, subject to the performance of the joint-venture (JV) company it had formed with Swiss-based Global Blue SA.
The tender project would be financed through internally generated funds and bank borrowings, the company said in the statement.
“The implementation of the GST refund scheme is part of the company’s core business in providing software and hardware security solutions and undertaking such projects for the benefit of the Government and towards the company’s growth.
“The board also believes this GST refund service scheme shall contribute positively to the financial results of the Iris group in the long run,” it said.
Iris Corp has been involved in implementing the Malaysian Electronic Passport and MyKad, among other electronic-based Government services. In April, it said it had entered into an agreement with Global Blue to form a JV company for the purpose of participating in the tender for this GST refund job.
Global Blue has developed and acquired techniques, know-how, proprietary information, financing and operations expertise which allows for the business of GST refund services. It has operating units worldwide and is the leading international provider of GST refund services.
The JV company, IRIS Global Blue TRS Malaysia Sdn Bhd, was incorporated last December for the purposes of the tender and has an authorised capital of RM5mil, the shares of which are validly issued and fully paid up at a par value of RM1 each. The equity shareholding of the JV company is Global Blue owning 49% of the issued and paid-up ordinary shares and Iris Corp holding 51% of the shares.
For its first quarter to June 30, Iris Corp reported a net loss of RM2.55mil, with revenue coming in at RM127.2mil.
“The future performance of the Iris group is subject to certain risks inherent in the GST refund services business, but with the expertise of Global Blue as a partner with extensive experience and proven success in the GST refund services business, the company is positive in that the risks shall be minimal and not have any material adverse effect on the Iris group’s business,” it said.

buy when ppl are fear...

yes...very obvious...suddenly throw 0.420 alot

syndicate collecting.

tomorrow we gap up!!! haha...

hahaha...bullbear regret selling...now he is justifying his decision in selling today....okla okla shiok laa...hahah bye dude....

dont catch a falling knife...

ya..i put my cocck in mc88 mouth....he loves it....hahaha...

alot ppl have not digested the news...tomorrow all calling remisier to gap up..

this week banyak contra

iris will fly higher tomorrow...easily breach 0.450

buy iris to recover your losses...it will hit 0.450

insider sources....fund house will be issuing TP for IRIS very soon...hold tight and don't believe clowns here that ask you to sell..

exactly...iris will rake millions from this deal...

yea don't listen to those sellers...they want to buy low from you..hahah..

nobody keep long term for a company that is losing money...no dividend...money trap...quickly sell today...tomorrow sure below 0.40

means it will drop because it dilutes the share..more shares in the market....