IRIS CORPORATION BHD

KLSE (MYR): IRIS (0010)

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Last Price

0.34

Today's Change

-0.01 (2.86%)

Day's Change

0.33 - 0.345

Trading Volume

950,600


76 people like this.

45,627 comment(s). Last comment by flytothemoon 2 weeks ago

Posted by damansaraeagle > 2021-03-17 10:06 | Report Abuse

oppsss be +Ve +VE +VE

IbnuShaari

390 posts

Posted by IbnuShaari > 2021-03-17 11:21 | Report Abuse

Iris is too heavy to go up. Even up 0.005 pun kena hentam. Too much volume floating in the market. So do not expect it will follow DataPrep or Dnex. It is beyond miracle

IbnuShaari

390 posts

Posted by IbnuShaari > 2021-03-17 11:25 | Report Abuse

Now with listing of 296mil PP at cheaper price these guys will throw to get easy profit make thing worst to the price. To company they already the money they wanted. Small fish like us makan tulang je lah

Geuber

23 posts

Posted by Geuber > 2021-03-17 11:46 | Report Abuse

If not mistaken the 296 mill shares made up of 10% of total shares and out of that, 2 tranches of 10% each from the 296 mill shares were issued to the subscribers whilst the remaining has not been priced yet. Possibly it has moratorium restriction on those that has been issued and subscribed.. Simply said, I reckoned the shares are not in play yet.

Posted by damansaraeagle > 2021-03-17 11:56 | Report Abuse

aiks thanks Geuber, you may be right. All others are seriously misleading

steven rt

190 posts

Posted by steven rt > 2021-03-17 15:11 | Report Abuse

Investgaogao, what does the article say? cannot log in. Give a summary.

Posted by Investgaogao > 2021-03-17 16:23 | Report Abuse

U search "fwdeiris" in Google, then you can see it. Fwd is a international insurance company very active in online market the business's just that I saw iris name inside

Posted by Investgaogao > 2021-03-17 16:25 | Report Abuse

If they are partnership recently.. Then iris revenue and profit should be sky-high ad.. Takaful business in fwd is coming up quite fast

winterwolf

663 posts

Posted by winterwolf > 2021-03-17 16:31 | Report Abuse

Total PP to issue is 296m, so far only 2 tranches were placed out, first 75m at 25 sens and second 60m@31.4 sen had just been listed, so be patient and wait....another 161m shares to go.

steven rt

190 posts

Posted by steven rt > 2021-03-17 16:44 | Report Abuse

The 3rd tranche already issued on 16/3/2021 at 0.3141. See announcement - https://malaysiastock.biz/Company-Announcement.aspx?id=1302826

Posted by damansaraeagle > 2021-03-17 18:02 | Report Abuse

Great.... it only means tomorrow prepare your bullets

Posted by damansaraeagle > 2021-03-17 18:05 | Report Abuse

eventhough today and its closing not convincing enough tomorrow up

Posted by Kassimchan123 > 2021-03-17 18:05 | Report Abuse

Counter tidur

Posted by Flybythenite > 2021-03-17 19:40 | Report Abuse

I think winterwolf got it right. Any other calculation, pls share?

winterwolf Total PP to issue is 296m, so far only 2 tranches were placed out, first 75m at 25 sens and second 60m@31.4 sen had just been listed, so be patient and wait....another 161m shares to go.
17/03/2021 4:31 PM

Posted by Flybythenite > 2021-03-17 19:46 | Report Abuse

damansaraeagle, ignore shortterm fluctuation la.. what matters is its awarded the mega project! Just a matter of time we HUAT! :)

winterwolf

663 posts

Posted by winterwolf > 2021-03-17 20:18 | Report Abuse

@steven rt...the third tranche had just fixed the price on 16th March; the same as the second tranche. It has not been issued or listed yet. The report has not indicated any number of shares.

winterwolf

663 posts

Posted by winterwolf > 2021-03-17 20:22 | Report Abuse

any movement, up or down, just have to wait till pp is completed, or about to be completed.

Posted by damansaraeagle > 2021-03-18 02:10 | Report Abuse

Flybythenite damansaraeagle, ignore shortterm fluctuation la.. what matters is its awarded the mega project! Just a matter of time we HUAT! :) 17/03/2021 7:46 PM ____________YOU ARE RIGHT Flybythenite, the more suspense it is , the more upside it should be.

vinvin

4,479 posts

Posted by vinvin > 2021-03-18 08:06 | Report Abuse

The house is already there, it’s a matter of time that u slowly furnish it n when it’s completed u will surely enjoy living in it! Up up up, IRIS!

steven rt

190 posts

Posted by steven rt > 2021-03-18 08:36 | Report Abuse

the PP is settled either issued or price is fixed. So I see little in anyone trying to manipulate the price.

vivabursa

594 posts

Posted by vivabursa > 2021-03-18 09:28 | Report Abuse

Big project on hand, sure will move upward

Posted by damansaraeagle > 2021-03-18 10:08 | Report Abuse

0.36 & 0.355 ………… just hope today is the positioning of Iris price.

Posted by damansaraeagle > 2021-03-18 10:17 | Report Abuse

10:08 am 19,700 and 4,700 -- 0.36 sen.………. done. very very quiet ……. must do not getting any instruction for their Master

IbnuShaari

390 posts

Posted by IbnuShaari > 2021-03-18 11:11 | Report Abuse

I wonder who is selling? despite a few millions queue at buying, yet sellers dump it horribly! Are they short-sell or PP Partner is selling for just a few cents profit? does not make sense if they know this potentially can go up higher

Posted by Flybythenite > 2021-03-18 11:34 | Report Abuse

Strong Support at 0.35 Accumulation in progress. NOSH is 3bil ! Not enuf bullets how to shoot high high!

Posted by Flybythenite > 2021-03-18 11:34 | Report Abuse

Sabar sabar sabar...

Posted by Flybythenite > 2021-03-18 11:38 | Report Abuse

Short accumulation always resulted in mati pucuk after + 3-4 sen.

Posted by Flybythenite > 2021-03-18 11:52 | Report Abuse

IbnuShaari Not necessarily the recent PP batch throwing. There are investors who bought at a very low 7 sen at start of 2020MCO. Maybe earned enough. Everyone TP is different, some earned 50% sell, some earned 200% throw, some earned 300% still keep .... Many long termed investors here. :) Liquidity is good here. Some counters cant sell/buy easily....

rogerrice

46 posts

Posted by rogerrice > 2021-03-18 11:54 | Report Abuse

syndicates pump n dump in penny stocks...very rampant nowadays

Posted by Flybythenite > 2021-03-18 11:58 | Report Abuse

NOSH =3bil ! Need huge # of ticket! Slowly but surely go up better. Not Easy Pump and Dump With solid Foundation.

Posted by Flybythenite > 2021-03-18 12:06 | Report Abuse

Even if its pumped up, it could be justified - it won a mega project! Solid reason, it definitely is worth at least earlier 45 sen! If breakout of 45 sen, that price will be future support level. ;)

BLee

858 posts

Posted by BLee > 2021-03-18 12:24 | Report Abuse

@Flybythenite, good comments on "some earned 300% still keep"; I will wait until borders open then think about throwing. Some speculative counters, I will throw even for 1 or 2 ticks..Happy Trading

Posted by Flybythenite > 2021-03-18 12:55 | Report Abuse

@BLee This is epassport counter! When border reopens, every1 will b flying... global biz will boom boom kaboom! Many long term investors waited for this moment infact! Sure u wanna sell then?! ;)

Another point is, the complete systems should be in place in 4 years, so shouldnt sell nearer to deadline cos after that revenue will start to roll in! Imho, its good for mid/long term investment. Happy investing! :)

Posted by Flybythenite > 2021-03-18 14:14 | Report Abuse

e-Passports Market Sets the Table for Continued Growth | Gemalto, Morpho, Iris
Published On: March 16, 2021
https://www.cabellstandard.com/uncategorized/26890/e-passports-market-sets-the-table-for-continued-growth-gemalto-morpho-iris/

Posted by Flybythenite > 2021-03-18 14:17 | Report Abuse

E-passport and E-visa Market Anticipated to Booming Worldwide withCasa da Moeda do Brasil
Photo of steven stevenMarch 18, 2021

https://ksusentinel.com/2021/03/18/e-passport-and-e-visa-market-anticipated-to-booming-worldwide-withcasa-da-moeda-do-brasil/

A portion of the significant market players that are recorded in the report are: Casa da Moeda do Brasil, Shanghai Mite Speciality & Precision Printing, Istituto Poligrafico e Zecca dello Stato, Polish Security Printing Works, India Security Press, Semlex Group, Beijing Jinchen Cvic Security Printing, Bundesdruckerei, Canadian Bank Note, Japan National Printing Bureau, Iris Corporation Berhad, Gemalto, Morpho, Royal Mint of Spain, Veridos, Goznak

Posted by Flybythenite > 2021-03-18 14:19 | Report Abuse

E-passport and E-visa Market Set to Witness an Uptick During 2021 | Worldwide Top Players – E-passport and E-visa market is segmented by region, by country, company, type, application and by sales channels. Players, stakeholders, etc
https://neighborwebsj.com/coronavirus/4851633/e-passport-and-e-visa-market-set-to-witness-an-uptick-during-2021-worldwide-top-players-e-passport-and-e-visa-market-is-segmented-by-region-by-country-company-type-application-and-by-sales-cha/

Abba84

982 posts

Posted by Abba84 > 2021-03-18 14:28 | Report Abuse

There be some other projects to popp up its revenue..otherwise how to pay their employees,and others costs..4 years is pretty long time to earn revenues,profits.
Many peopl wi cabut cannot tahan to 4 years!

Posted by Flybythenite > 2021-03-18 14:31 | Report Abuse

Abba84, Existing contracts and pp should cover all such expenses la...

Posted by Flybythenite > 2021-03-18 14:31 | Report Abuse

All mega projects are long term... no?

Posted by Flybythenite > 2021-03-18 14:32 | Report Abuse

Traders better stay away from this counter la... it’s better suited for investors.

BLee

858 posts

Posted by BLee > 2021-03-18 14:49 | Report Abuse

@Flybythenite, I think you got me wrong. I am talking at present price without knowing when borders open, price will be a bit depressed. Once borders open, we are not talking support at the region of 30sen or 40sen..Of course I will think about selling in the region of more than 300% of my cost price of 15.5sen..Anyway, I took back my principle investment during speculative period, left 30% investment as all profit. Iris huat..Happy Trading

Posted by Investgaogao > 2021-03-18 22:28 | Report Abuse

I really hope this annocement for national digital identity come out faster... Iris please annoce it

Posted by Investgaogao > 2021-03-18 22:29 | Report Abuse

Been waiting for this news for some time ad

Posted by maxstore769 > 2021-03-18 23:12 | Report Abuse

teori T4 terpakai?

steven rt

190 posts

Posted by steven rt > 2021-03-19 11:25 | Report Abuse

Investgaogao, what announcement by IRIS? Got the National Digital Identity contract?

Geuber

23 posts

Posted by Geuber > 2021-03-19 11:52 | Report Abuse

It.may be it will take another 2 more weeks or more before the whole PP is exhausted. Now only 3 tranches totalling 190 mill shares has been issued with 105 pp shares remaining to be subscribed.

Maybe they will start playing when its fully subscribed.

IbnuShaari

390 posts

Posted by IbnuShaari > 2021-03-19 12:35 | Report Abuse

Majority of other ACE counters moving upward without having a really significant project like Iris. Somehow Iris behaving like shit at the time it has a significant opportunity at least to stabilize at 0.50cents before it taking rest. Something is not right somewhere with this counter. I fear one day when it short of money to fund the project, it will start to do like other scam counters doing, Issue PP which is already done, next, issue SIS, Issues ESOS, issue another PP, and finally consolidate and asking shareholders to subscribe to Rights and giving free warrants as a sweetener.

Geuber

23 posts

Posted by Geuber > 2021-03-19 14:23 | Report Abuse

Getting big project has it cost. The PP is meant to share the cake. Until this is sorted out, all parties has boarded the bus, we have to wait. The fundamentals and fiancials are there, its the sharing commitment have not.

When the pressure is kept building, imagine the intensity of the explosion when it is released.

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