Trading ideas: Iris, Nova MSC, Dancomech, GHL, Mesiniaga, Comfort Gloves

TheStar Tue, Sep 08, 2020 09:01am - 3 years View Original


KUALA LUMPUR: JF Apex Research expects Iris Corp Bhd, NOVA MSC Bhd, Dancomech Holdings Bhd, GHL Systems Bhd, Mesiniaga Bhd and Comfort Gloves Bhd to be among the stocks to watch on Tuesday.

Iris has received a letter of intent to procure 15 million International Civil Aviation Organization (ICAO)-compliant electronic contactless inlays along with its operating system (in 2ups), which is required for the manufacture of Indian e-passports, worth US$27.54mil.

Nova MSC’s indirect subsidiary EyRIS Pte Ltd has bagged a five-year contract from Singapore’s Ministry of Health for the deployment of SELENA+, EyRIS’ first artificial intelligence (AI)-based product.

Dancomech said its 55%-owned subsidiary has bagged a sub-contract worth S$12.01mil (RM36.5mil) at Jurung Port in Singapore.

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