Posted by insidernews2020 > 2020-08-24 18:54 | Report Abuse

S5 , IRIS and MYEG to win NIIS

Posted by NIWV > 2020-08-24 19:14 | Report Abuse

can't wait for the news. please get something tomorrow

Posted by Abd Rahim Osman > 2020-08-24 20:31 | Report Abuse

Can it gap up?

Posted by NIWV > 2020-08-24 20:53 | Report Abuse

if the news comes out, with solid statement proof that s5-ancomlb are involved in this noise project. it will shoot the sky and stay there.

Posted by khtann > 2020-08-25 09:55 | Report Abuse

look like coming ...

Posted by NIWV > 2020-08-25 10:41 | Report Abuse

yeah. just good daily vol not yet the news. if news coming it will limit up few days.

Posted by Agjl > 2020-08-25 11:43 | Report Abuse

Some chose to profit taking and some chose to accumulate...this is the balance of the matket.... buy and sell or hold

Posted by Agjl > 2020-08-25 11:44 | Report Abuse

Just jumped!!!

Posted by Agjl > 2020-08-25 11:44 | Report Abuse

Regret didnt get enough this morning

Posted by High5 > 2020-08-25 11:49 | Report Abuse

Newsbreak: Iris, MyEG the front runnes for NIIS | https://www.klsescreener.com/v2/news/view/716685

Posted by High5 > 2020-08-25 11:50 | Report Abuse

IRIS Corp Bhd and MyEG Services Bhd are said to be the front runners to bag the billion-ringgit National Integrated Immigration System (NIIS), according to sources. The contract will be awarded anytime this month, they say.

It seems that the NIIS project will be split between the two companies.

The tender document sighted by The Edge last year allows for multiple companies to form a consortium to bid for the contract.

“Yes, I heard that Iris is the front runner for the contract. They are going to be the system integrator for the NIIS,” says an industry player who was involved in various government contracts in the past.

The NIIS will be replacing the current Malaysian Immigration System (myIMMS) at all gateways, including airports and land crossings. The MyIMMS is said to be obsolete as it was first developed in 1993.

The tender to bid for the NIIS was called late last year and it attracted almost 30 bids from local information technology system integrator and cybersecurity companies. The bids received ranged from RM1 billion to RM1.8 billion.

Another source confirms that Iris put in the bid through a consortium, in which S5 Systems Sdn Bhd is a party. S5 Systems is owned by S5 Holdings Inc, in which MyEG Services Bhd has a 10% equity interest.

S5 Holdings is currently the target of a reverse takeover by Ancom Logistics Bhd.

NIIS is the latest reiteration of the government’s plan to replace the obsolete myIMMS. In August 2017, the then Barisan Nasional government awarded a RM3.5 billion contract to Prestariang Bhd to develop, operate and maintain a new immigration system for 15 years.

However, on Dec 11, 2018, the Home Ministry decided to terminate the contract, saying that the National Immigration Control System (SKIN) — as it was called then — was too expensive, and decided to call for another round of tenders.

Prestariang decided to take the ministry to court on April 15, 2019, seeking compensation of RM732.86 million for work done on the system prior to the contract termination. Hearing on the case commenced at the High Court of Kuala Lumpur on July 21.

Note that the more expensive SKIN contract included a maintenance contract, whereas the NIIS contract is just to build, install and commission the system. There will be a separate contract for the maintenance of the system.

Iris is a provider of smart identification solutions and e-border control systems. It was the proprietor of the technology behind the world’s first e-passports and immigration autogates at the Kuala Lumpur International Airport.

Since then, Iris’ e-passports have become the standard for e-passports around the world.

According to Iris’ website, its Border Control Solution is able to provide integrated border control management, including manual, automated and mobile border clearance, travel document verification, visa information system, biometric identification and verification, traveller movement and advanced passenger information.

Besides Iris and MyEG, ­other known bidders for the contract include Datasonic Group Bhd, Heitech Padu Bhd, Dagang Nexchange Bhd (DNeX), Dataprep Holdings Bhd, Scicom (MSC) Bhd, Omesti Bhd and Kumpulan Fima Bhd.

Interestingly, S5 is said to be involved in all the major bids. Besides Iris, the industry player The Edge spoke to who confirmed Iris as one of the front runners of the NIIS contract, says S5 is also involved in bids put in by MyEG and Heitech Padu.

Heitech Padu is the developer of myIMMS. While the system is obsolete, Heitech Padu should still be able to offer a better system for the NIIS, and its experience integrating all the needs of the different departments and agencies into a system should be its strength in the bid.

For the financial year ended March 31, 2020 (FY2020), Iris recorded a lower net profit of RM13.7 million, compared with RM38.3 million a year ago, although its revenue stayed flat at RM229.6 million versus RM229.2 million a year earlier.

Over the last one year, Iris’ share price has more than doubled, closing at 33 sen per share last Friday and valuing the group at RM978.9 million.

Meanwhile, MyEG closed at RM1.38 last Friday, after rising 25.45% this year, giving it a market capitalisation of RM4.784 billion.

Posted by Moneygame33 > 2020-08-25 12:04 | Report Abuse

la la la la la ha ha

Posted by Moneygame33 > 2020-08-25 12:05 | Report Abuse

。565 已破

Posted by Bennychua007 > 2020-08-25 12:38 | Report Abuse

Next block 0.615

Posted by VenFx > 2020-08-25 13:07 | Report Abuse

Turbo switch 0.600 pressed , rocketing to moon.

Posted by VenFx > 2020-08-25 13:08 | Report Abuse

Dont easily get cheated out yaa !

Posted by Agjl > 2020-08-25 13:57 | Report Abuse

High volume indicate parties with inside news buying

Posted by ChinaMade > 2020-08-25 14:19 | Report Abuse

My wild guess, they will suspend first before any big annoucement as this involve major group restructuring.

Posted by Moneygame33 > 2020-08-25 15:02 | Report Abuse

la la la ;a

Posted by Moneygame33 > 2020-08-25 15:03 | Report Abuse

哈哈太厉害了我

Posted by Moneygame33 > 2020-08-25 15:03 | Report Abuse

哈哈没套利只是加注 哈哈

Posted by Moneygame33 > 2020-08-25 15:04 | Report Abuse

Moneygame33 Moneygame33 ancomlb要先破.565先才有戲看
17/08/2020 1:06 PM
X
Moneygame33 在下來是.615最後的防線是.685哈哈
17/08/2020 1:07 PM

happyboy 就是一個字，等。。。
17/08/2020 12:14 PM

ha ha 忙到///。。。。 ANCOMLB 都没看。。等下不要卖先

不过买很多套利点先
19/08/2020 3:13 PM

Posted by Moneygame33 > 2020-08-25 15:04 | Report Abuse

哇咔咔咔咔卡

Posted by Moneygame33 > 2020-08-25 15:13 | Report Abuse

SHOW TIME

Posted by High5 > 2020-08-25 15:18 | Report Abuse

We buy on hope share price wil go up
when price going up many q to sell to surpress down the price
so many q at 60cts to sell...so how can price goin up further...

Posted by air01557 > 2020-08-25 15:33 | Report Abuse

Buy now. When announcement out it will shoot fast.

Posted by Agjl > 2020-08-25 16:18 | Report Abuse

Some sell and take profit are those who bought ard 48-50 sen. They sold cos they dun wan uncertainty and being smart that money in the pocket is monies earned and not just paper gained.

The flip side of the coin is....if the positive news turn out to be true, price will run wildly up and those hwo sold ard 55-59 will be chasing high and dry.../

So...tge choice is yours. Take profit and okay safe or take the risk and hope to get bigger rewards...

Tough choice...all the best. Cheers

Posted by Agjl > 2020-08-25 16:19 | Report Abuse

If the RTO turn out to be firm and due diligence done...its possible the trading will be suspended pending announcement

Posted by Agjl > 2020-08-25 16:25 | Report Abuse

Market is down 15 points..thats why price soften

Posted by Agjl > 2020-08-25 16:25 | Report Abuse

I foresee, price will strengthen towards closing above 57 sen

Posted by NIWV > 2020-08-25 16:29 | Report Abuse

nice. I'm so happy with the progress. will wait patiently to RM1.50 and above. haha.

Posted by NIWV > 2020-08-25 16:30 | Report Abuse

if shark wanna eat all now they can make it. but they don't want it to raise too fast. lol

Posted by Agjl > 2020-08-25 16:37 | Report Abuse

Sharks will eat ard 4:45pm

Posted by Agjl > 2020-08-25 16:39 | Report Abuse

NIWV bro....Sharks will try to make it close above the 565 resistanfe thats how i see it. Of course i could be wrong...lets see. Cheers

Posted by NIWV > 2020-08-25 16:50 | Report Abuse

Agjl Ur prediction is coming true bro. I can see it now. means this will truly undoubtedly limit up sooner

Posted by Kok Heng > 2020-08-25 18:12 | Report Abuse

Lai liao lai liao!! I love S5!!!

Posted by Agjl > 2020-08-25 19:27 | Report Abuse

NIWV bro....i was lucky to guess it right....looking at the way howbit has beem moving thats how i came to conclusion...even sharks also works on resistance level becos they know we ikan bilis also look at chart. They manipulated the chart and make it close at or above the resistance. So when we look at chart now that 565 broken, we will be looking at 615...this is how smart ans cunning they are:))

Posted by Agjl > 2020-08-25 19:28 | Report Abuse

Of course they are some insiders that smell the deal is maturing....though not 100%, but 65-70%. Thus some insiders or bankers amdnfrens are quietly buying in....and taking the chance..

Posted by Pershing > 2020-08-25 19:31 | Report Abuse

Did you attend Ancom briefing? According to them their timeline is 9 mths.

Posted by Agjl > 2020-08-25 20:29 | Report Abuse

RTO time line can be 9 mths. Contract awarded to related parties will b soon. I think the flavor will be the contract and not so much about the RTO...

Posted by Agjl > 2020-08-25 20:31 | Report Abuse

Price will move befire the time line. If one wait till closer to the tine line i believe one will hve to buy at higher price, if everythg still remain as agreed n on going

Posted by Moneygame33 > 2020-08-26 08:50 | Report Abuse

早安大家 好

今天再破。615

再来破。685

哈哈 不敢想象

Posted by Moneygame33 > 2020-08-26 08:52 | Report Abuse

macd也要交叉le

RSI 健康

昨天量美

也出个中阳烛

Posted by Moneygame33 > 2020-08-26 08:59 | Report Abuse

准备好了吗

Posted by Agjl > 2020-08-26 09:18 | Report Abuse

Will set new price level above 60. From 40s to 50s now 60s. Foresee setting new level for each stages before announcing if the plan still go thru

Posted by Agjl > 2020-08-26 09:19 | Report Abuse

Day traders will take profit today. So i dun think it will move a lot for traders to profit..., hope it settle above 60 will b good

Posted by Moneygame33 > 2020-08-26 09:28 | Report Abuse

Moneygame33 早安大家 好

今天再破。615

再来破。685

哈哈 不敢想象
26/08/2020 8:50 AM
X
Moneygame33 macd也要交叉le

RSI 健康

昨天量美

也出个中阳烛
26/08/2020 8:52 AM

Posted by Moneygame33 > 2020-08-26 09:34 | Report Abuse

YES LA 加注

Posted by idontknowimnotexpert > 2020-08-26 09:36 | Report Abuse

需要套利先吗？

Posted by Moneygame33 > 2020-08-26 09:39 | Report Abuse

idontknowimnotexpert 需要套利先吗？
26/08/2020 9:36 AM

以前到现在您有套利过吗》》？？