4 people like this.

7 comment(s). Last comment by stopbombing 2021-02-08 16:06

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-01 23:10 | Report Abuse

Great sharing, Iris pre covid profit after tax in 2019 is already 40mil a year

if add together with NIIS definitely worth more than RM1

cheated

1,000 posts

Posted by cheated > 2021-02-02 06:41 | Report Abuse

4 years contract why PE 30 years must use? Sell on news.

Posted by ShamanRB > 2021-02-02 11:45 | Report Abuse

Market does not only move in 1 direction. Selling on news is normal and that does not determine its future price (in days to come). The RM1.16B project has definitely changed the fundamentals of the company which will be reflected sooner or later.

It's funny to see how financially uneducated some 'investors' are. They do not even understand how PE works.

swagger855

1,169 posts

Posted by swagger855 > 2021-02-02 14:17 | Report Abuse

Myeg has high profit margin because of tax benefits..not bcoz of tech.

zyde

22 posts

Posted by zyde > 2021-02-04 20:07 | Report Abuse

down 7 sen.

raymond2

26 posts

Posted by raymond2 > 2021-02-05 09:35 | Report Abuse

I don't why everyone thinks that IT project profit margin is above 40 to 50% but the fact is it will way lower and with project this size there will be alot of delays and it will impact the bottom line.

stopbombing

1,440 posts

Posted by stopbombing > 2021-02-08 16:06 | Report Abuse

noob share, apple do what, iris do what?

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