as I said.. this stock has no more catalyst to go up further. Today news said parliament maybe be allowed to convene even under emergency law... This would be interesting for Iris. 30 sen coming? hahahahaha
hello, im gonna bomb again? how is macd golden cross farmer john? cross your dick ah, how come no limit up?almost one month still cannot up.
I think Iris will separate the news into few part in this year, for just one contract, 1)we won the contract, 2) gonna hire sub contractor, 3) business plan, 4) start to work, 5) why no profit, 6) oh i got profit.
Then only the price will move, wait for another year la john farmer. all the con man like john farmer run away already, run to the counter where he shit before, left only die hard kuchai at here, huu haa.
Possibly this refer to the long due announcement from the Indian Government accepting the passport chips. It was a 3 months trial issued in Sept 2020 so the result is due anytime. Perhaps this is the announcement.
BigWhiteSand: Anybody heard Iris will have an announcement today? Something to do with distribution?
Actually the 50 million is no issue, with a 1.16 billion contract the banks will anytime lend. And the other thing if they subcon part of the contract, 50 million is easy.
Last year less 1 bil, this year more 1bil. How much should d tp be? .... hmmmm if it’s some other counters ady go main board, a few ringgit ady! Other ctrs just got plans ady shot RM 1 fr 15 sen in weeks. Management of this counter better do better than this!
Reason robin sold his stakes via married deal in order to furnish the performance bond valued at 12.9 millions ringgit to KDN. Total shares he sold worth 13 millions ringgit.
Shows choosing Iris was bad move .....can’t even get financing...this should have been in place before tendering. Govt needs to rethink and nit award contracts with poor management ...MY EG would have been better choice given vast experience and general capability
I don't think money will be a problem, maybe initial stage, it will be ironed out. Banks and private placements would come in for a slice of the cake. Remember too Robin sold some of his holding, that is probably for financing.
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....
Flybythenite
782 posts
Posted by Flybythenite > 2021-02-24 13:42 | Report Abuse
Wow! That very good news!!! Must top up!
Posted by steven rt > Feb 24, 2021 10:59 AM | Report Abuse
QR must be good, got Indian contract for security chip valued 110 million August 2020.