Posted by mangkal1 > 2021-03-01 17:05 | Report Abuse

Inside rumors.. Tmrw Iris President, CEO Paul Poh going to announce of his resignation. later will make announcement to Bursa.. what happen lah to this Company.. Hope the price will get back on track..

FAKE NEWS? CEO is Shaiful Zahrin not Paul Poh

Posted by Shahexedy > 2021-03-01 17:38 | Report Abuse

Dr Poh replace Dato Pog Yang Hong right?

Posted by SHQuah > 2021-03-01 18:08 | Report Abuse

Change for the better. Tomorrow fly higher

Posted by Shahexedy > 2021-03-01 18:13 | Report Abuse

Hope tomorrow got news update about niis project

Posted by Michael R. > 2021-03-01 18:16 | Report Abuse

dont hope in IRIS.. let it show first..

Posted by Ikmal_hamid > 2021-03-01 19:22 | Report Abuse

Poor Iris. I made much money from Iris, ride on the swing high and low many times. Lucky I was not in Iris after Niis announcement.

Posted by Game > 2021-03-01 20:50 | Report Abuse

Smooth transition. Father is a Dr and more brainy. What’s the issue?

Posted by Game > 2021-03-01 20:50 | Report Abuse

Time to fly!

Posted by Shahexedy > 2021-03-01 21:04 | Report Abuse

Also director of hong leong group.

Posted by CincaiBuy > 2021-03-01 21:05 | Report Abuse

Yup it seems like new changes new improvement. Good thing.

Posted by Investgaogao > 2021-03-01 21:56 | Report Abuse

All in !!

Posted by Hotstuff > 2021-03-01 22:13 | Report Abuse

lol... 3b shares how to push.??

Posted by steven rt > 2021-03-01 22:39 | Report Abuse

Is the change announcement made? Any one has the link to announcement?

Posted by Michael R. > 2021-03-01 22:50 | Report Abuse

Why resign?? NIIS project on or not? Bond status?

Posted by CincaiBuy > 2021-03-01 22:53 | Report Abuse

Tomorrow limit up

Posted by damansaraeagle > 2021-03-01 22:56 | Report Abuse

Your are going to see a Technology Counter Push in days to come..... well of course I am hoping like everyone you. Is within Our control ,right.... is always the Giants decide.

Posted by Michael R. > 2021-03-01 22:57 | Report Abuse

Who is the Chairman? Any good can offer?

Posted by Shahexedy > 2021-03-01 23:14 | Report Abuse

Chairman Dr Poh Soon Sim.also director of hongleong group and hong leong foundation

Posted by Investgaogao > 2021-03-01 23:39 | Report Abuse

all niis competitors price is above RM 1 ad.. Except iris only.... See it mood when to fly lo.. With big project and strong management team should be higher than others :)

Posted by Investgaogao > 2021-03-02 09:26 | Report Abuse

Project Jalan !

Posted by violetpurple123 > 2021-03-02 09:37 | Report Abuse

how to make it go up again, will it go up again

Posted by hajisafiee > 2021-03-02 09:50 | Report Abuse

busy iris just started on contract. must be able to put BG for performance bond 2.5%, +/-30m this is a lot of fund stuck for, say 3 years

Posted by tradersampah > 2021-03-02 11:42 | Report Abuse

no more banker group in top management??

Posted by gelong > 2021-03-02 13:02 | Report Abuse

40

Posted by BostonMaxwell > 2021-03-02 13:07 | Report Abuse

Won so big project but the share price is going another way... Lol

Posted by Geuber > 2021-03-02 14:04 | Report Abuse

When there is changes at the Board Level, Senior Managment due to a big contract that had been recently being awarded reflects that the people behind the company is getting ready to execute the next stage of the scheme.

When all in place, the game starts.

Since nothing mentioned on the unfulfilment of the Perfomance Bond, it is a none issue and the contract is therefore deemed secured.

Posted by KinSun Lee > 2021-03-02 14:09 | Report Abuse

Performance bond is only 12.9 million ringgit. Surely, it won't be difficult to get financing.

Posted by Stock Speak > 2021-03-02 14:13 | Report Abuse

NIIS contract officially start yesterday (Mac 1st). Hope NIIS project plan executed well. Lets ride & enjoy for the next 20 QR.

Posted by CincaiBuy > 2021-03-02 15:07 | Report Abuse

Genm change board then the share price keep up.

Posted by neohts > 2021-03-02 15:10 | Report Abuse

NIIS got anything to do with Vaccine passport ?

Posted by neohts > 2021-03-02 15:15 | Report Abuse

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

The long awaited NIIS project worth RM1.16b has finally been awarded to IRIS.
This rise has resulted in a breakout of its cup and handle pattern, with the next target (using cup depth) at around 60 sen. Resistance 1: 45sen, Resistance 2: 55sen.

Posted by Geuber > 2021-03-02 15:38 | Report Abuse

KinSung Lee How do you derive the Performance Bond to be RM 12.9 million only for RM 1.16 Billion Govt contract?

Nonetheless I think the Performance Bins is now a non issue.

Posted by Youghin > 2021-03-02 16:23 | Report Abuse

Geuber, check the announcement at 29/30 Jan

Posted by KinSun Lee > 2021-03-02 16:31 | Report Abuse

Gruber, here is the announcement:

https://themalaysianreserve.com/2021/01/29/iris-corp-bags-rm1-1b-immigration-system-project-until-2025/

Posted by Geuber > 2021-03-02 16:48 | Report Abuse

Thanks for the info. However, generally the Performance Bond is 5% of Contract value, but negotiable for large amount to be about 2.5%. If IRIS has margin facility, they may have just to provide about 20% or less of the performance bond value.

Anyway, I believe the performance bind is a non issue as they have raised funds.via the recent private placements exercise.

Posted by songjoseph > 2021-03-02 17:20 | Report Abuse

This is just the very fundamental issue ,'bond' . how about the rest of the investments the run this contract. i believed huge investment ( more than bond many times ). $$ ?? . loan ? or what ?

Posted by KinSun Lee > 2021-03-02 18:06 | Report Abuse

Yes, banks will extend loans for running projects. For government approved projects , I think they can get preferential rates. One of my friends managed to get a government loan at zero percent interest. He said that

Posted by KinSun Lee > 2021-03-02 18:07 | Report Abuse

it's easy to get loans at 2 percent interest for government projects.

Posted by Michael R. > 2021-03-02 18:56 | Report Abuse

That is why they got ex banker here.. but we need news update... NIIS on or not?

Posted by alphajack > 2021-03-02 18:57 | Report Abuse

TFP Solutions volume surged to new high this year as investors pour in

Shares in ACE Market-listed TFP Solutions Bhd have been gaining traction among investors, with their price rising over 50% in the last 3 weeks
The share price, which has consolidated from its earlier high of 25.5 sen in Jan 5 earlier this year, gained 17% to close at 20.5 sen in March 2 along with a significant rise in volume of 144 million shares traded, which is its highest this year


50 c coming huat arrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrrr

Posted by newbie9893 > 2021-03-02 19:10 | Report Abuse

everyday dropped one cts..hopeless

Posted by Michael R. > 2021-03-02 20:06 | Report Abuse

drop because day by day without news updates on NIIS one by one strong holders making an exit as the prices clearly bearish downtrend ... what else to rely on ....hope?? no use.

Posted by flysmart > 2021-03-02 20:59 | Report Abuse

drop more more more... hahahaha

Posted by IbnuShaari > 2021-03-02 22:24 | Report Abuse

Waiting 30c to enter, come out seller, dump the buyers.. you can ignore NIIS Project, it means nothing to IRIS, at most it will go 38c and it will drop again, just liquidate your position ...push the price down further ha ha ha...jgn mare kengkawan!

Posted by new_in_share > 2021-03-03 00:35 | Report Abuse

Many resignation because they sold?

Posted by kimsean > 2021-03-03 08:32 | Report Abuse

Bcos restructure, with NIIS, medium to long term play.

Posted by IbnuShaari > 2021-03-03 09:51 | Report Abuse

Yeahhh...seller is coming! and operator no more energy to support!

Posted by damansaraeagle > 2021-03-03 09:58 | Report Abuse

the weakest operator ever

Posted by damansaraeagle > 2021-03-03 10:08 | Report Abuse

Technically, it is not looking good for IRIS as its 20-Day Moving Average is sloping downward and its price action is below the Moving Average line. This is further compounded by the recent bearish breakout of the support level of 0.355. If a bearish breakout is accompanied by high volume, this indicates the unwillingness of a large pool of traders to hold on to the stock as selling pressure mounts at the support level. This bearish breakout of IRIS was accompanied by a lower than average volume which may give a glimmer of hope, however one has to be monitor carefully the price action in the coming sessions.

Posted by damansaraeagle > 2021-03-03 10:11 | Report Abuse

highly depended on the support level 0.34 , break means break neck