IRIS, 0010, Last Monday after the general meeting, Managing Director Datuk Tan Say Jim asked by the media whether he will accept the offer to sell his shareholding to the new majority shareholder - Federal Land Development Authority (FELDA), he jokingly answer: "If the bid per share is RM2, I'll think about it. ”

His reply will naturally turn to laugh (As Iris current shares price is only 27 cents); However, Iris share price was once soared to RM1.39 during 2006. Datuk Tan's statement will make people curious about Iris which performance is now improving and also the recent entrepreneurial activities.

How far is Iris to RM2 given another 7 years from now?

During 2006, Iris had been gorenged to RM1.39 but later dropped to 20 cents within just one and a half months and many speculators have incurred huge damages.

Iris turnover growth over 230% during the past 10 years and achieved net profits of 119% growth, earnings per share growth 16.52%, are still higher than 10 years ago.

As a tech stocks, Iris celebrates its 20 anniversary this year in addition to the core identification technical operations, business in recent years has been diversify to, such as renewable energy power plants, smart village and the industrialized building system (IBS) was named by the market to be one of the major winners in 2014 budget because the Government is looking to strengthen all sectors of technology and promoting the development of rural areas. Iris is one of the strong candidates.

Maybe that's why Felda is willing to offer 28 cents to subscription 20% new shares while its price at that time is only 18 cents, Felda also acquire the 6% of the shareholding held by PNB in order to increased its shareholding to 26% to become the largest shareholder compare to Datuk Tan's shareholding of less than 10%.

Stocks Market is very unpredictable, no one could tell whether Iris will hit RM2 in the future, the only thing for sure is if the business performance continue to growth the stock prices will definitely reflect its intrinsic value one day.

~sin chew

but Iris has plan to venture into food industry & also property segment... their majority share holder is FELDA (not to be confuse with FGV lor)... Iris also bought versatile creative.

Iris = tecnology , food industry , property

ask urself why would Felda willing to buy Iris shares @ 28 sen, while the price at that time 26 - 27 sen a piece...

200K...

U?

iris volume quite high today... any news that i missed??

iris 31 sen now!!

no lah.... not may...


but... since jun 2013 @ 18 sen

hope this time REALLY fly

wait til reach my TP lor...

then only sell...

but i have to admit... feel a bit greedy now....

top volume today...

the price up to 34.5 sen now...

same as Datuk Tan Say Jim's TP....

just checked Iris.... wuhooooo!!! 38 sen!!!

hit 40 sen.... & still going strong..

明星股3：艾力斯

順水行舟的科技小將

艾力斯（IRIS，0010，創業板科技組）獲選成為“明星股”，或許存在爭議，因許多投資者對該股的表面印象，至今仍停留在“2006年經典炒股”階段，可就該公司近年動態和業務展望而言，入選絕對是實至名歸。
這隻身價只有約28仙的股票，業績在過去幾年穩定成長，而隨聯邦土地發展局（Felda）的入股，令該公司最新重點業務――精明農業村展望更受看好，加上其核心身份辨識科技業務、慢慢成熟的綠色能源業務，以及精明農業村衍生業務，艾力斯的隱藏潛能，不容忽視。

~sinchew

rm1... hope it will come true...

but my tp stand @ rm2.... same as iris's CEO...

so fast sell???

no la, i'm not hebat...

still learning like u...

（吉隆坡13日訊）券商調高艾力斯（IRIS，0010，創業板科技股）2015至2016財年收入預期，該股交投火熱，15分鐘內交投就錄得千萬股，全日穩守在十大熱門股榜前三甲。

　艾力斯今早開盤就大受投資者追捧，在短短15分鐘內，交易量激增達1000萬股；該股是以39仙迎市，微揚0.5仙。

　艾力斯早盤穩步遊走在39仙至41仙水平之間，交投持續活躍，休市繼續在十大熱門股榜前三甲；該股掛休41仙，揚2.5仙，交投高達6454萬3800股。

　午盤該股交投持續熾熱，閉市時，艾力斯報42.5仙，起4仙，成交量達1億1301萬5800股。

　達證券（TA Securities）分析師透過分析報告指出，預計艾力斯在未來2個財年內能獲頒更多聯邦土地發展局（FELDA）房地產合約，每年料達7500萬令吉。

　該行也調漲艾力斯的資本開銷（CAPEX）預測，從每年的2000萬令吉增加至5000萬令吉；並預測2015財年貸款將減少1億令吉。

　基于上述預測，券商調高艾力斯2015至2016財年收入預測，分別為11.2%和12.2%；目標價從38仙增至54仙，並對該股重申“買入”投資評級。

i would like to dedicate this song to all iris' shareholder....

R. Kelly - I Believe I Can Fly - YouTube



This post has been edited by xuexueli: Jan 15 2014, 09:08 AM

i sure am...