Posted by TCH1186 > 2023-05-30 09:10 | Report Abuse

today use lift ? no more stairs to climb?

Posted by Peace99 > 2023-05-30 09:11 | Report Abuse

Just want to share my last week experience of clearing immigration at Melbourne. I just inserted my passport into the auto gate and keyed in a few answers, and it printed out a small slip which i took to the custom, and the clearance was easy (I carried no plant or fruit). Thank you IRIS, as the 1st inventor of e-passport!
When IRIS won the NIISE, it went up to about 40sen. Well, now contract no issue, so why it can't recover back to at least >25sen? Topping up and waiting :)

Posted by Peace99 > 2023-05-30 12:33 | Report Abuse

@CalculatingAbbey Thank you. I believe the payoff will come. Am enjoying my moka pot coffee too. One more piece of info: The average private placement is 23sen.

Posted by sheep > 2023-05-31 09:00 | Report Abuse

Sell next month below 8sen. When you're forced to sell 80% of a lucrative contract.. What does that tells you? Especially when all our eyes are on the issue?

Posted by speakup > 2023-06-02 15:58 | Report Abuse

NiiSE dah siasat
bila nak siasat JENDELA?

Posted by speakup > 2023-06-02 15:59 | Report Abuse

JENDELA the next timebomb?

Posted by speakup > 2023-06-02 16:05 | Report Abuse

https://www.malaysiakini.com/news/667248
MACC sila siasat JENDELA

Posted by speakup > 2023-06-02 16:07 | Report Abuse

kenapa NiiSE disiasat MACC, tapi JENDELA tidak?

Posted by speakup > 2023-06-03 13:00 | Report Abuse

https://theedgemalaysia.com/node/654172

Posted by Investgaogao > 2023-06-07 14:57 | Report Abuse

If you want convince ppl buy must tell when the share price push to this level even lower than the presune price of substantial holders. What is the rationale they do this behind :)

Posted by Tigerchan > 2023-06-08 09:49 | Report Abuse

What for reinstatemenet of NIISE, no use share no move.

Posted by Investgaogao > 2023-06-08 11:03 | Report Abuse

From business point of views, i read the profit margin for iris is relatively lower and negative cash flow comes to my attention for some time

Posted by Investgaogao > 2023-06-08 11:06 | Report Abuse

What i can said is the company is in expansion, yet their cost management and ability to secure more project is cruxial for institution or person investor to concern before join in as shareholders

Posted by Investgaogao > 2023-06-08 11:07 | Report Abuse

Without the clear sign, dont really think the share price will move at least for now :)

Posted by AlexChiaWS > 2023-06-08 15:05 | Report Abuse

Well, I am inside Betty camp fir now.
Informations from company's announcememnt and media news, Iris had been granted by current gov to continue Niise project.
Only why the operator (market maker) is suppressing the price remain unknown.Seems like the tickets they bought at 0.105 ~ 0.110 is being sold at 0.100 and below.
Regarding the sale of IITSB; my tin foil theory say that this daughter company is responsible for intergration system from module placed at border enterence to Immigration central database. And its maintenance. BUT the module is still under the mother company.

Refer the below video about Border Control Module developed by Iris.

https://youtu.be/hPFsdr_TZuc

Posted by hhhiii123 > 2023-06-14 20:56 | Report Abuse

dsonic gain strong trend after government extend the contract, so why iris sill perform poor after letter from government and strong qtr result lol.

Posted by hhhiii123 > 2023-06-28 16:40 | Report Abuse

Strong buy with price drop, something brewing soon

Posted by abcdei > 2023-07-03 21:20 | Report Abuse

will coming very soon? 😉😊

Posted by hhhiii123 > 2023-07-11 20:51 | Report Abuse

next to cancel the sale of IRS sdn bhd lol?

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3368342

Posted by hhhiii123 > 2023-07-14 20:59 | Report Abuse

Big news coming, catch you in surprise lol

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3369371

Posted by Investgaogao > 2023-07-14 23:30 | Report Abuse

Generally consolidation happens is for those poor performing stock in Bursa or others market. For iris corporation, i think may be slightly different

Posted by Investgaogao > 2023-07-14 23:32 | Report Abuse

And the capital reduction share consolidation (expected) is to present the account in positive and able to issue dividend provided their business is growing and if the cashflow are healthy. Consolidation is to comtrol the

Posted by Investgaogao > 2023-07-14 23:33 | Report Abuse

Consolidation is to control the stock performance and room.for private placement again if they need inject more fund by private investor

Posted by Investgaogao > 2023-07-14 23:35 | Report Abuse

In short, the fundamental nothing change unless the business is growing the future again. Then such corporation exercise only find it's meaning

Posted by Investgaogao > 2023-07-14 23:40 | Report Abuse

But it is also possible ask for goreng then cancelled the corporate exercise like what they did previously haha

Posted by Michael R. > 2023-07-15 16:16 | Report Abuse

Shares cut.. holders lost it..

Posted by Michael R. > 2023-07-15 16:17 | Report Abuse

More pain as consolidation 4 1 coming next.. what if PP ESOS SIS later?

Posted by pineapple123 > 2023-07-17 09:45 | Report Abuse

Matiiiiiiii!

Posted by Muhamad Huzaili Huzman > 2023-07-17 15:26 | Report Abuse

what happen????

Posted by hhhiii123 > 2023-07-17 19:02 | Report Abuse

Waiting for dividend declared, it is a cash owed company now

Posted by Investgaogao > 2023-07-17 20:41 | Report Abuse

Lolz..Iris still a growing stage company in its industry as population getting wealthier and educatd. Don't expect mich on the dividend if they have project to expand their business. Tight cashflow will only make them continuously right issue or pp only.

Posted by speakup > 2023-07-17 21:15 | Report Abuse

Capital reduction & consolidation to cancel off accumulated losses. After this cleaning exercise, Iris can declare dividend already

Posted by Kongkalikong > 2023-07-18 14:59 | Report Abuse

this is what chatGpt comments on Capital reduction and consolidation. Trade at your own risk.
Capital reduction and consolidation are two financial strategies used by listed companies to manage their capital structure and improve various financial metrics. Let's take a closer look at the benefits of each:

Capital Reduction:
Capital reduction involves decreasing the nominal value of a company's shares or reducing the share capital. This can be done for various reasons, and some of the benefits include:
Debt Reduction: A company may use capital reduction to reduce its debt burden. By decreasing the share capital, the company can repay some of its debts, improving its financial position and reducing interest expenses.

Increased Solvency: Capital reduction can strengthen a company's financial position, making it more solvent and less risky. This, in turn, can enhance investor confidence and attract more investment.

Improvement in Financial Ratios: Capital reduction can lead to an improvement in various financial ratios, such as debt-to-equity ratio and earnings per share (EPS). This can make the company more attractive to investors and potentially lead to an increase in the stock price.

Enhanced Dividend Payout: With reduced capital, the earnings of the company are distributed among a smaller number of shares, which can increase the earnings per share (EPS). This may result in a higher dividend payout per share to shareholders.

Consolidation (Reverse Stock Split):
Consolidation, also known as a reverse stock split, involves reducing the number of outstanding shares while increasing the share price proportionally. Some of the benefits of consolidation include:
Share Price Increase: By reducing the number of shares, the company's stock price per share increases. This can make the stock appear more valuable to investors, potentially attracting a broader range of shareholders.

Regaining Compliance: Companies with low stock prices may face delisting from stock exchanges due to non-compliance with exchange listing requirements. Consolidation can bring the share price back above the minimum required level, helping the company maintain its listing status.

Perceived Market Stability: A higher share price resulting from consolidation may create a perception of greater stability and financial health for the company, especially among retail investors.

Liquidity Improvement: Consolidation may increase the stock's liquidity by attracting institutional investors who typically have minimum price requirements for investing in a company's shares.

It is essential to note that while capital reduction and consolidation can offer these benefits, their implementation should be well-planned and in line with the company's financial objectives and shareholder interests. Additionally, the success of these strategies depends on various factors, including the overall market conditions and the company's specific financial situation. Before implementing any of these actions, companies should consult with financial advisors and consider the potential implications on their business and stakeholders.

Posted by CincaiBuy > 2023-07-18 15:03 | Report Abuse

Trade at your own risk. It will dilutes your share value more once consolidated

Posted by Goodprofit > 2023-07-18 16:00 | Report Abuse

later drop again and than right again

Posted by CincaiBuy > 2023-07-18 17:39 | Report Abuse

If want buy, wait it consolidated first then slowly it will drop even 2x lower than it's consolidated price only thinking collecting it.

Posted by tklim > 2023-07-24 15:49 | Report Abuse

SELL 0.06
Target1: 0.05
Target2: 0.04
Target3: 0.02
Target4: 0

Posted by leospirit > 2023-08-09 19:35 | Report Abuse

Target 5, ½ sen naik sikit

Posted by hhhiii123 > 2023-08-14 20:10 | Report Abuse

https://www.nst.com.my/business/2023/08/942894/rm112bil-niise-contract-terminated-iris-seeks-legal-advice

so good or bad news this time...

Posted by speakup > 2023-08-14 20:16 | Report Abuse

Expected since they wanted to dispose NiiSE

Posted by hhhiii123 > 2023-08-14 20:20 | Report Abuse

hopefully they won penalty from govermnent for termination of contract out of political reason. I personally think that they should sack the saifuddhin, terrible performance

Posted by GoldenBull66 > 2023-08-14 21:26 | Report Abuse

Share consolidation..and now the project termination... That would be huge blow. Buying opportunity at 0.025-0.035

Posted by hhhiii123 > 2023-08-14 21:35 | Report Abuse

lol 0.025, dream la, let's see tomorrow market action then know, although i also prepare this counter may not be profitable then loss, hope another round of goreng, haha

Posted by pang72 > 2023-08-14 21:40 | Report Abuse

How much it can drop from 8.5c?
Really can not touch old folk VT stock.

Posted by pang72 > 2023-08-14 21:43 | Report Abuse

Why the ex government can award billion project to incompetence company resulting project termination?
This is not wasting of money but time for retender the project taking long time

Posted by GoldenBull66 > 2023-08-14 21:44 | Report Abuse

0.025 dream? The impact of a 1B project is not just lost on earning. It could well impact their ability to repay debts and get capital for new projects. And their likely court case with government would likely takes years. Meaning more cash needed. The share consolidation would be another huge blow to the share. 0.025 might not achieved tomorrow..but in the run towards the share consolidation dateline, yes it will be.

Posted by pang72 > 2023-08-14 21:45 | Report Abuse

The HSR project retender again which incured higher construction cost and longer time.
Hopefully, PH can stop the nonsense and move faster to roll out the project

Posted by GoldenBull66 > 2023-08-14 21:45 | Report Abuse

Imagine creditors of the NIISe projects will surround iris office demanding payment.

Posted by pang72 > 2023-08-14 21:46 | Report Abuse

45c drops to 8.5c within 3 years..
I fainted lo

Posted by Peace99 > 2023-08-14 22:31 | Report Abuse

Unbelievable! May 24 extended the contract by 1 year and then Aug 14 termination....what happened??