Scicom said BPO has lower margin compared to border control and immigration. But the latter has high barrier to entry, mostly due to the need of proven track record which Iris already had.
Why would Iris enter into low margin BPO business, in foreign country instead of Malaysia? More details needed to justify the move.
Wait and see lor. Would seems reasonable if IRIS managed to sell IITS but it didnt. Liabilities gonna pile up further, and it will take years to collect the NIISE outstanding from government since the dispute is brought to arbitration. Really got confident to pay dividend meh, at this juncture cash is king wor
Yes not attractive, it is not a dividend stock. But the competitors like DSONIC, SCICOM are consistently paying dividend. Even THETA pay 1.7 sen, i.e., <1% yield. hahaha
Already cut loss at 0.42 last week lor. Iris super downtrend dy, thought change to theta better.
At the end, both same same. Cut loss cut kukubird. Cut cut cut. Scicom seriously more promising looking at the fundamental and stable dividend yield, less hassle monitoring.
Yes, received last Friday, on exact 20th Dec.2024 as announced. Nearly forgotten I hold the remainder after selling 80% years back before IRIS getting the canceled NIISe contract..
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
flytothemoon
4,840 posts
Posted by flytothemoon > 2024-07-16 16:45 | Report Abuse
bought at 0.455