IRIS CORPORATION BHD

KLSE (MYR): IRIS (0010)

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Last Price

0.325

Today's Change

0.00 (0.00%)

Day's Change

0.325 - 0.33

Trading Volume

129,800


76 people like this.

45,600 comment(s). Last comment by Konnichiwa 2 months ago

stopbombing

1,440 posts

Posted by stopbombing > 2021-02-05 15:24 | Report Abuse

very very soon iris will drop 30% from 445, if it reach, hell yeah is long day limit down,john style limit down, killing you slowly. now wait macd.

oskchoon

3,186 posts

Posted by oskchoon > 2021-02-05 15:28 | Report Abuse

If Iris is a syndicate play counter then our MCMC should investigate why Iris was awarded RM 1.16 billions contract, something fishy is cooking and Bursa should involve in this type of market manipulation.. Beware.

gelong

1,737 posts

Posted by gelong > 2021-02-05 15:34 | Report Abuse

Nothin fishy...1 billion rupiah

IbnuShaari

390 posts

Posted by IbnuShaari > 2021-02-05 15:36 | Report Abuse

Typical retailers in the Malaysian stock market, when the price is down thousand bad stories come out and influence others to sell or liquidate. When the price moving up those who create bad stories suddenly disappear and new writer to tell about all good stories with new TP, Limit up bla bla bla. haha ha ... you money your decision, there is no stock to continue to go down, and there no stock continues to go up as long there are still a fundamental. Those who are controlling the stake and big sharks smiling watching punters-retailers burning their fingers...while they all waiting making money...

gelong

1,737 posts

Posted by gelong > 2021-02-05 15:38 | Report Abuse

Aa..aa. la.. manyak betoi

zhm540

2,488 posts

Posted by zhm540 > 2021-02-05 15:46 | Report Abuse

time to stock up.... next week limit up already...sharks have to start buying to replace the shorts...

IbnuShaari

390 posts

Posted by IbnuShaari > 2021-02-05 15:47 | Report Abuse

Force selling today shall carry the volume of 0.62b shares transacted on 2nd feb, and today price only drops 1cent from 0.37c to lowest so far 14 0.36c, so it so well absorbed in spite of all bad stories I read here. So I think we should take decisions wisely based on fact and real judgment not by listening or stories just to create perception. btw I started to go in at the price of 0.36 cents and will accumulate more if the price further down.

zhm540

2,488 posts

Posted by zhm540 > 2021-02-05 15:49 | Report Abuse

looking at the volume it looks like retailers are forced selling now...

IronShirt

3,178 posts

Posted by IronShirt > 2021-02-05 16:09 | Report Abuse

Hanging by a thread of Hair.....will drop to 0.355 closing??

flysmart

477 posts

Posted by flysmart > 2021-02-05 16:22 | Report Abuse

some ppl still have profit are selling/dumping slowly. some are still stubborn..... as I said this stock have no more catalyst to goreng... its either drop slowly or remain stagnant until after next General Election..... wake up....

Posted by damansaraeagle > 2021-02-05 16:26 | Report Abuse

flysmart we know cannot trust you one , he he he

Posted by damansaraeagle > 2021-02-05 16:28 | Report Abuse

on 18th January to 29th January saying differently. Let me rephrase what you say , kind of funny flysmart character like yo yo

this Iris been up and down because of politics..... it will be very stable at this price. it can only go up unless emergency law decision U-turn. highly unlikely....... as for contract announcement... nobody knows... not even insider. those who bought between 30-40 sen, can sleep well. my 2cents

Posted by damansaraeagle > 2021-02-05 16:28 | Report Abuse

JOKERS

Posted by Arsenewenger8383 > 2021-02-05 16:49 | Report Abuse

Hehehe.. best price to que is 26 cents..

Posted by damansaraeagle > 2021-02-05 16:49 | Report Abuse

no body able to buy from seller at 0.355 , only their own selling to buyer 80,800 volume ONLY.

Hanwen Yeh

957 posts

Posted by Hanwen Yeh > 2021-02-05 16:53 | Report Abuse

Iris 0.36 bought to keep like IFCAM. (1.6b contract better than Genting thru Covid era)

AlibabaInf

518 posts

Posted by AlibabaInf > 2021-02-05 16:54 | Report Abuse

iris downtrend coming runnnnn

Earthtime

79 posts

Posted by Earthtime > 2021-02-05 17:18 | Report Abuse

Next week wild run up..tp rm 45-50sen

JohnFarmer458

1,797 posts

Posted by JohnFarmer458 > 2021-02-05 17:57 | Report Abuse

05-Feb-2021 Insider DATO SRI ROBIN TAN YEONG CHING (a substantial shareholder) disposed 45,000,000 shares on 02-Feb-2021.

IronShirt

3,178 posts

Posted by IronShirt > 2021-02-05 17:58 | Report Abuse

I thought Tuesday plunged is caused by VT dumping, turned out Director Robin Dumped 45m
Those Bought today must be cursing this weekend. Black Monday again.

Armanhashim

1,558 posts

Posted by Armanhashim > 2021-02-05 18:12 | Report Abuse

Press down ? Means can buy share at cheaper price ?

simonc

111 posts

Posted by simonc > 2021-02-05 18:34 | Report Abuse

the 45mil share disposal was a married deal which is probably just a change of strategic investor. Shareholders are still holding strong. Rebound coming next week.

flysmart

477 posts

Posted by flysmart > 2021-02-05 18:39 | Report Abuse

damansaraeagle.... I did not ask you to trust me. I am just saying what is happening at the moment. still holding ah ? heart ache every day ? hahahaha. if dont want sell just keep... I did not ask anyone to buy or sell.. I ask ppl think for themselves. hahahahaha

flysmart

477 posts

Posted by flysmart > 2021-02-05 18:40 | Report Abuse

of coz I sold all..... I am a happy profit maker. I wont wait for the moon like damansaraeagle..... kakakakaka

stopbombing

1,440 posts

Posted by stopbombing > 2021-02-05 18:48 | Report Abuse

Abandon ship!!! director jump first.

insider Iris very good ah, they know all of you have not buy yet, lower the price to let everyone of you buy buy buy.

dont miss the boat, since epf and kwap already miss it.

Survivor13

710 posts

Posted by Survivor13 > 2021-02-05 19:06 | Report Abuse

Married Deal meaning changing hand off market. Poor Director leaving company is a good sign. If anybody holding Bjcorp share and attended its AGM, then you know what attitude and performance of robin Tan. So he disposed IRIS is a good news.

Posted by damansaraeagle > 2021-02-05 19:06 | Report Abuse

oklah , flysmart….. u r the smart ones. Congrats

NawaMan

507 posts

Posted by NawaMan > 2021-02-05 19:08 | Report Abuse

Robin Tan have 290mil shares in IRIS. Maybe he sell to new sub shareholder to enter game...

HappyBuyer

352 posts

Posted by HappyBuyer > 2021-02-05 19:34 | Report Abuse

Mean still got chance to go up?they push done merely to collect more?

lee_m2020

4,826 posts

Posted by lee_m2020 > 2021-02-05 19:35 | Report Abuse

450klot disposal.. no wonder like cursed.. hope fully next week bamboo flight....

6044

123 posts

Posted by 6044 > 2021-02-05 19:35 | Report Abuse

Married deal represented range 1.6%, either new shareholder emerge soon or is a token of appreciation to someone

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-02-05 19:53 | Report Abuse

ask yourself a question when you buying into one stock. can you hold 6 months and above? if can't go back to work.

Hotstuff

3,291 posts

Posted by Hotstuff > 2021-02-05 19:54 | Report Abuse

stop wasting time making noise of one two cents

Posted by Investgaogao > 2021-02-05 20:24 | Report Abuse

My last bullet has been pump in to iris at 0.36. Now hold and wait for good news come... Good luck shareholders

Posted by ikanbilisjerungwnabe > 2021-02-05 21:00 | Report Abuse

all stuck at 40th floor. HAHAHA... sell on news for this type of stock. Iris need to pay up to RM1billion bond. where to fork out money?

Posted by ikanbilisjerungwnabe > 2021-02-05 21:03 | Report Abuse

NIIS from rm3.5billion award to prestariang (awantec) back then.. now award to IRIS for RM1.5billion.. imagine the profit margin reduced.. HAHAHA... sold all... going to sleep at 20 sen for 1 year soon

Posted by ikanbilisjerungwnabe > 2021-02-05 21:06 | Report Abuse

now awantec suing goverment for RM700m compensation without doing anything.. easy profit.
HAAHAHAHA

8888_

2,919 posts

Posted by 8888_ > 2021-02-05 21:30 | Report Abuse

Robin Tan sold to i3 members?

8888_

2,919 posts

Posted by 8888_ > 2021-02-05 21:32 | Report Abuse

You richer than Robin Tan?

IbnuShaari Typical retailers in the Malaysian stock market, when the price is down thousand bad stories come out and influence others to sell or liquidate. When the price moving up those who create bad stories suddenly disappear and new writer to tell about all good stories with new TP, Limit up bla bla bla. haha ha ... you money your decision, there is no stock to continue to go down, and there no stock continues to go up as long there are still a fundamental. Those who are controlling the stake and big sharks smiling watching punters-retailers burning their fingers...while they all waiting making money...
05/02/2021 3:36 PM

8888_

2,919 posts

Posted by 8888_ > 2021-02-05 21:35 | Report Abuse

05-Feb-2021 Insider DATO SRI ROBIN TAN YEONG CHING (a substantial shareholder) disposed 45,000,000 shares on 02-Feb-2021.

IbnuShaari

390 posts

Posted by IbnuShaari > 2021-02-05 21:45 | Report Abuse

@8888_ it does not matter whether I m richer than Robin Tan or not. What I said is the fact. You will see if IRIS goes up again, those who being negative will also 'perhaps' will chase the price and started to ignore what they said negatively, those typical retailers when they lose or miss the boat. And I m sure not a single person can control the IRIS market price even Robin Tan!. The price ONLY down 1 cents for selling 45mil shares today, that's funny, I thought will down 20 cents ? .... let him sell 1bil shares who cares! they will be other buyers will buy his shares ...ha ha ha

stopbombing

1,440 posts

Posted by stopbombing > 2021-02-05 21:46 | Report Abuse

you ok or not down 1 sen? the sales and announcement is for 2 feb, that it tuesday.

stopbombing

1,440 posts

Posted by stopbombing > 2021-02-05 21:47 | Report Abuse

tsk tsk, can't read announcement properly, thats why you get conned.

6044

123 posts

Posted by 6044 > 2021-02-05 21:55 | Report Abuse

Surely bidders know conditions, risks and exposures when tender a project and surely such project need bond to secure it. Iris can use remaining PP balance up to 221,628,000 to raise cash which is better cash option. Will they press down price but this wont raise up to RM100mill but maybe d most RM80mill if at current price 0.36 OR near 0.50 to get RM100mill. Another cash option is from bank and that banker will highly buy in shares for future prospect. Cash injection from a new shareholder may also be another option. Left 14 working days to the due date, guess what will happen ?

Expertise

1,386 posts

Posted by Expertise > 2021-02-05 22:30 | Report Abuse

earn fast money not easy...

IbnuShaari

390 posts

Posted by IbnuShaari > 2021-02-05 22:40 | Report Abuse

@stopbombing..even announcement made on 2feb. The downside of this disposal is insignifant, I wish Dato Robin dispose all his remaining 245mil share, I wish to see to how much it will go down and at the same time to make it all negative retailers happy. Apamacam? Btw,I never loss in this counter since it started surge from 0.12cent. Buy low sell high even few cents up.

Impression

217 posts

Posted by Impression > 2021-02-05 23:07 | Report Abuse

Robin Tan disposal via Married Deal. Google Check : Married Deal is an off market transaction or a Block Trade to a specific party.
No worries. He just passed them to Syndicate. Not to open market. Next week it will Rebound.

Posted by Arsenewenger8383 > 2021-02-05 23:44 | Report Abuse

Hehehe... so big boss sell at 41cents to syndicate.. syndicate lets the price drop so they can collect more... very creative scene... why syndicate want buy at 41cents when they can collect at 32cents next week?? hehehe...

Riaz1954

1,313 posts

Posted by Riaz1954 > 2021-02-06 00:05 | Report Abuse

Corporate governance is a joke in Malaysia, insiders directors dumping shares all over the place, many examples, Serba, Minetec, Iris, Myeg, to name a few....how Iris got a contract is mind boggling...they don’t even have funds to put in the deposit required not to mention unethical behaviour. ...shocking but not surprising!

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