Posted by helang82 > 2021-01-30 22:22 | Report Abuse

Some people keep saying iris is a loss making company..bla..bla.., did they know before pandemic, for the year 2019 iris is a profitable company. IRIS is one of the company that badly effected by border closing. Please read their annual report. Again, imagine with the 1.1b contact + recovery + few more new contract coming in, where the price will go?

Posted by helang82 > 2021-01-30 22:24 | Report Abuse

newbie9893, close red? and the next day gap down, everbody sells...and iris back to 15 cents...hahaha

Posted by onionchong > 2021-01-30 22:25 | Report Abuse

I hope ppl sell on news. I'll definitely buy it. The long awaited NIIS, guys come on

Posted by NawaMan > 2021-01-30 22:36 | Report Abuse

Naysayers talk like they know everything about market movements. Before you want to believe them, just remember one thing... none of them correctly predicted that IRIS won the race and gets NIIS contract.

Posted by Donator > 2021-01-30 22:38 | Report Abuse

why up so liitle only?

Posted by mf > 2021-01-30 22:47 | Report Abuse

Dow Jones 29,982.619 -620.74 2.03%
Nasdaq 13,070.69 -266.464 2.00%

Posted by LCLY > 2021-01-30 22:54 | Report Abuse

LMAO. Iris securing the NIIS contract has been a known fact. Even aunties selling char kuey teow know before announcement. Smart ppl will sell first thing in tuesday morning upon the gap up. Look at the world indices, all dropping. Major correction is coming.

Posted by STEADYBOMBIBI85 > 2021-01-30 23:17 | Report Abuse

I think up little is because of high NOSH and share float for this stock which makes it heavy and difficult to goreng.

Posted by Stephen Baster > 2021-01-30 23:54 | Report Abuse

LOL ok one last note for IRIS holder, buy a copy of Edge Weekly and read the content on IRIS future plan. Don't worry be happy I wish all the naysayers who obviously missed the boat all the best yea! I hope you'll find your Bangla or Mauritius NIIS contract winner soon! Maybe DNex or HTPadu LOLOLOLOLLOL

Posted by Stephen Baster > 2021-01-30 23:56 | Report Abuse

LCLY which aunties selling char kuey teow also know ka? Walao so funny lar you. I also heard from uncle selling asam laksa HT Padu and Banglasia has agreed to roll out Bangla Integrateed Imigration System soon! Shhhhhhhhhh don't tell anyoneeee :)

Posted by apolloang > 2021-01-31 00:01 | Report Abuse

Australian jockey pun mai beli saham msia??? hahaha

Posted by suhaimi1810 > 2021-01-31 01:20 | Report Abuse

Don't sell on news. Hold on for better profit"..tq for nice word n more motivate..
tqtqtq

Posted by Jerry20 > 2021-01-31 06:27 | Report Abuse

Bye2 iris..sold before late..

Posted by Jerry20 > 2021-01-31 06:28 | Report Abuse

Jgn kena tipu smaa sifu2 iris can go ok...

Posted by Jerry20 > 2021-01-31 06:28 | Report Abuse

Iris can’t touch 60sen...

Posted by gelong > 2021-01-31 06:54 | Report Abuse

Gettin interestin....

Posted by vinvin > 2021-01-31 08:29 | Report Abuse

Jerry20, u’ve sold before the good news. So diam saja lah!

Posted by blind3co > 2021-01-31 09:26 | Report Abuse

Hoping epf hoot in iris .. Good future prospect.. Myeg in the making

Posted by IronShirt > 2021-01-31 09:31 | Report Abuse

lestershare anyone can help to calculate the share price after IRIS got this contract of 1.2b, thanks in advance
30/01/2021 4:09 PM

Normal profit "allow" in Gov contract around 25% ( divide by 4years average ) profit yearly
around 62.5mil. However Iris is just a Main Contractor. S5 and other equipment suppliers are
sharing profit too. Iris is just a Passport suppliers....the bulk of the profit actually goes to IT suppliers and Equipment Suppliers....At most Iris just share 35% of 62.5mil Profit Or 22m / year

Posted by IronShirt > 2021-01-31 09:39 | Report Abuse

Good idea to sell now and pick up cheap stock around christmas 2021 when profit (billing cycle)
starts to Build. 4--5mil could be added to each Qr in 2022

Posted by Start_0f_the_bull > 2021-01-31 09:52 | Report Abuse

I don't think price surge after the news is justified because profit from this contract alone is not as much as we think. Only forseeable more future contracts win can contribute to the company advancement because winning of this competitive contract has proved Iris capabilities of the job.

Posted by maf1964 > 2021-01-31 10:17 | Report Abuse

posted by iron shirt
Normal profit "allow" in Gov contract around 25% ( divide by 4years average ) profit yearly
around 62.5mil. However Iris is just a Main Contractor. S5 and other equipment suppliers are
sharing profit too. Iris is just a Passport suppliers....the bulk of the profit actually goes to IT suppliers and Equipment Suppliers....At most Iris just share 35% of 62.5mil Profit Or 22m / year....

----------------------------------------------------------

correct ironshirt. in fact i expect myeg to make a killing not iris.Tuesday will see me correct.

Posted by flysmart > 2021-01-31 10:34 | Report Abuse

i pity a lot of ppl trying to apply logics in share market.... calculation of how much profit bla bla bla.... have you ever see a profesional accountant or any profesional makes profit in stocks ? share market is about sentiment, artistic, emotion, NOT by numbers as many above claim to be. nonsense......

Posted by helang82 > 2021-01-31 11:01 | Report Abuse

the sentiment is huge. NIIS is the biggest IT contract awarded by government of Malaysia this few years. But, some people keep saying, sell on news, sell all once gap up, price won't move so much ..bla..bla..this is NOT few millions project, this is a billion plus project we all wait for couple of years already...

Posted by blind3co > 2021-01-31 11:08 | Report Abuse

Before contract award ada yg sceptical iris would get the job.. Now sudah dapat say profit sikit pulak.. Adooi... Nanti saya jemput epf beli iris lah

Posted by steven rt > 2021-01-31 11:15 | Report Abuse

Yes Helang82, you are right. This is the biggest contract PN government awarded. In August last year it received 110 m india security card contract. Now 1.2 b contract. It's for 4 and 1/2 years, steady reliable income. The margin in ICT contracts is high compared to others. So the situation is very bullish, there will be a few limit ups in my opinion. So my humble opinion is hold and monitor then decide

Posted by fortune_teller888 > 2021-01-31 11:27 | Report Abuse

"sell on news" " sell on gap up" "sell this sell that"...

HAHAHAHAHA boat missers will always be boat missers. See you guys at RM1. We will sell to you AFTER we hit out target. No worries.

Posted by flysmart > 2021-01-31 11:28 | Report Abuse

well... again for those who bring out the caluclator and trying to be smart with how much money Iris will make. there are thousands of company in KLSE makes more money and worth more than it share price reflected.... how? share market is all about FEAR and GREED!!!!! not account books. coming days for Iris ....... those who have will hope for it to go up... those who DONT have will hope it go down. thats normal in human.... but please dont try to bring your logics into KLSE. experienced investors/traders/gamblers know it....... if you want the price to go down... bring better and valid points.... example.... the fall of PN govt. but the whole world knows emergency law until Aug 2021... so Iris will not go down until then.. after Aug 2021 it will be interesting because FEAR and GREED again..... NEVER their account book or profit margin. please laaaaaaaaa

Posted by Investgaogao > 2021-01-31 11:52 | Report Abuse

iris is next Myeg

Posted by Investgaogao > 2021-01-31 11:53 | Report Abuse

Look at myeg profit margin and other gov related counter

Posted by Investgaogao > 2021-01-31 11:53 | Report Abuse

It is not hard to know the profits get

Posted by gelong > 2021-01-31 12:44 | Report Abuse

TP 44.5...huuuat

Posted by sanjanx > 2021-01-31 12:49 | Report Abuse

don't talk nonsense. This contract is legally binding. Even when Prestariang (now AWANTEC) won the SKIN contract the government have to pay compensation, there is no running away after contract is awarded. The case is in court now but whatever happens, end of the day when the judgement comes out there will be some sort of compensation awarded. There will not be a free ride.

Posted by STEADYBOMBIBI85 > Jan 30, 2021 3:49 PM | Report Abuse
Yea but iris is partnering with S5, so can you guarantee when change government, iris will still be partnering with S5 ? This is a politically linked contract. So there is a risk there.

Posted by Investorlimitup > 2021-01-31 13:02 | Report Abuse

I'm going to be very rich. Tuesday fly . The operators lose big to retailers like us. Noob operators. Ahahahaha

Posted by JohnFarmer458 > 2021-01-31 14:34 | Report Abuse

maf1964 posted by iron shirt
Normal profit "allow" in Gov contract around 25% ( divide by 4years average ) profit yearly
around 62.5mil. However Iris is just a Main Contractor. S5 and other equipment suppliers are
sharing profit too. Iris is just a Passport suppliers....the bulk of the profit actually goes to IT suppliers and Equipment Suppliers....At most Iris just share 35% of 62.5mil Profit Or 22m / year....

----------------------------------------------------------

correct ironshirt. in fact i expect myeg to make a killing not iris.Tuesday will see me correct.
31/01/2021 10:17 AM

haha i found his comment at MYEG i3

maf1964 niis project goes to IRIS but myeg will also benefit as IRIS know that myeg can do it.

so look and see that myeg shares will shoot up soon too.
30/01/2021 2:51 PM

Funny just because you bought MYEG, had MYEG won Niis you would sing a different tune , if MYEG won NIIS and because you bought MYEG , MYEG share price would go up but because you didt buy Iris and Iris won NIIS so , NIIS has no impact and Iris will go down

Posted by helang82 > 2021-01-31 14:56 | Report Abuse

so, all the pessimist statements came from those who miss the boat. You guys still can buy. Just queue at 0.435, who knows.

Posted by Stephen Baster > 2021-01-31 15:03 | Report Abuse

Great investigation John! Hahaha so funny lad these people

Posted by ShamanRB > 2021-01-31 15:03 | Report Abuse

https://klse.i3investor.com/blogs/ShamanRB/2021-01-31-story-h1540245503-_0010_IRIS_The_apple_of_my_eye.jsp

Posted by iswara > 2021-01-31 15:05 | Report Abuse

just a confirmation of job reward without income yet, still need to pay deposit for this project, do you think will go higher and higher.....that why i tell sell on news...

Posted by Stephen Baster > 2021-01-31 15:10 | Report Abuse

Go buy The Edge Weekly and read. Sometime you must do your own study. Then you will sleep soundly while those miss out feel like shit Hahahaha Iris slowly creeping up i3 hot stock trending lol

Posted by IronShirt > 2021-01-31 15:10 | Report Abuse

MyEg has 2,500 employee (about 500 software programmers) IRIS has 75 employee including
the cleaning Lady. One Software Head maybe 5 junior programmers...The bulk of Iris Core
talent are Engineer Not programmers.

Posted by STEADYBOMBIBI85 > 2021-01-31 15:12 | Report Abuse

Next week sell on news lol

Posted by Stephen Baster > 2021-01-31 15:13 | Report Abuse

Suddenly got so many commenters out of nowhere Ahahahahaa

Posted by charlie chia > 2021-01-31 15:13 | Report Abuse

Also watch out for Ancomlb

Posted by IronShirt > 2021-01-31 15:13 | Report Abuse

NIIS spec is Not known But it includes AI. If no programmer, how to get things Done.

Posted by iswara > 2021-01-31 15:20 | Report Abuse

Honestly tell Iris no. of shares 3041M , earning 22M each Q mean 0.7sen /Q , 2.8sen yearly . let consider PE10 > 28sen , PE20 > 56sen etc
THis project only 3 years project ..... think.....

Posted by JohnFarmer458 > 2021-01-31 15:32 | Report Abuse

iswara Honestly tell Iris no. of shares 3041M , earning 22M each Q mean 0.7sen /Q , 2.8sen yearly . let consider PE10 > 28sen , PE20 > 56sen etc
THis project only 3 years project ..... think.....
31/01/2021 3:20 PM

before Covid in 2019 Iris already make more than 10mil per Quarter without NIIS, with NIIS it would be at least 30m per quarter (conservative estimate)

Posted by mf > 2021-01-31 15:39 | Report Abuse

Dow Jones 29,982.619 -620.74 2.03%
Nasdaq 13,070.69 -266.464 2.00%

Posted by helang82 > 2021-01-31 16:46 | Report Abuse

IronShirt, IRIS have 316 employees. Don't simple believe the outdated numbers you read from google search. Go to their linked in. See how many developers they currently have. Since, I myself a senior software engineer, I know, it's not difficult to add more software engineers if you have 1 billion plus contract. One more thing, having lots of engineers if a great advantage for this kind of project. This is the winning point for IRIS compared to other almost solely IT company like MyEG.

NIIS is not just an IT project that you need lots of programmers and few engineers. You need lots of engineers also to be succeed in this project. I don't see this quality in MyEG and maybe that's y they need to build consortium just to get into this project.

Posted by helang82 > 2021-01-31 16:49 | Report Abuse

Corrections, 316 employees just on linkedIn, they have more actually, around 500 - 1000 employees.