Good try but wrong analogy as different Business segments for Starbucks. That's all.
Iris Mgt should focus on Iris core biz of Border Control & Security and see as how a Strategic & Business Cooperation between Iris & potential chinese partners could create Synergy for mutual benefits under China Belt & Road Networks with current China- Malaysia Economic Cooperation Umbrella.
RECOMMENDATION: Take advantage of current Technology & DC connected stock play. Collect Iris as much as possible on any weakness, as Iris is on the verge of another breakout! Don't let sharks collect cheap from stale bulls & weak holders. For retailers with paper loss, now is the best time to average down Iris with minimum risk. With a clean Balance Sheet, good Cash Position, Little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher as already visited 0.44 Sen!. Soft target is 0.50 followed by 0.60 & beyond is still on
Don't miss!, accumulate Iris on any weakness as got positive momentum.
Iris presently has a long green candlestick, indicating there is strong buying pressure; this typically indicates price is bullish!
Remember Pestech Aerotrain contract termination? Government is good at backtracking as Pestech is currently back on Aerotrain Project in JV with IJM. Iris substantial shareholder Dato' Robin's father is TSVT who enjoys good relationship & lobby with present Govt & Royalty. Iris could also comeback into Niise Project through a JV with the successful bidder as Immigration is still using Iris Border Security Management Equipment & Systems. Arbitration with Government on quantum of compensation for Iris on Niise termination is also ongoing? Otherwise why the long delay to announce the successful bidder and why the sudden strong buying at Iris as 2nd wave of uptrend underway! https://www.freemalaysiatoday.com/category/nation/2024/01/19/no-govt-interference-says-loke-as-pestech-back-in-aerotrain-project/
Buying pressure is building up again! Book your tickets for the next premier! RECOMMENDATION: Take advantage of current Technology & DC connected stock play. Collect Iris as much as possible on any weakness, as Iris is on the verge of another breakout! Don't let sharks collect cheap from stale bulls & weak holders. For retailers with paper loss, now is the best time to average down Iris with minimum risk. With a clean Balance Sheet, good Cash Position, Little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher as already visited 0.46 Sen!. Soft target is 0.50 followed by 0.60 & beyond is still on.
Thanks for your advice. Loved the Operator's Textbook Modus Operandi. eg. #Strike fear on Retailers with talk of more Share Consolidation? #Attack the Messenger #If fails, tried Shaming or Praise instead? #If still fails, Try to attack the Credibility or Raise Doubts instead?
I still rest my case. "With a firmer Bursa today, Iris is well positioned to move higher once the small block at 0.46 sen is broken, only 500k required. Soft target is 0.50 followed by 0.60 & beyond is still on." :) Btw for those who profited from my call on Iris, have a look at Vstecs, Kobay or Engtex. Prime candidates for another Bullish Rebound?
Scicom said BPO has lower margin compared to border control and immigration. But the latter has high barrier to entry, mostly due to the need of proven track record which Iris already had.
Why would Iris enter into low margin BPO business, in foreign country instead of Malaysia? More details needed to justify the move.
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....
laulau
439 posts
Posted by laulau > 2024-06-20 15:35 | Report Abuse
Good try but wrong analogy as different Business segments for Starbucks. That's all.
Iris Mgt should focus on Iris core biz of Border Control & Security and see as how a Strategic & Business Cooperation between Iris & potential chinese partners could create Synergy for mutual benefits under China Belt & Road Networks with current China- Malaysia Economic Cooperation Umbrella.
RECOMMENDATION:
Take advantage of current Technology & DC connected stock play. Collect Iris as much as possible on any weakness, as Iris is on the verge of another breakout! Don't let sharks collect cheap from stale bulls & weak holders. For retailers with paper loss, now is the best time to average down Iris with minimum risk. With a clean Balance Sheet, good Cash Position, Little Debts & NTA of 0.4651 per share, Iris is well positioned to move higher as already visited 0.44 Sen!. Soft target is 0.50 followed by 0.60 & beyond is still on