ICON OFFSHORE BERHAD
KLSE (MYR): ICON (5255)
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Last Price
0.77
Today's Change
+0.01 (1.32%)
Day's Change
0.75 - 0.77
Trading Volume
1,631,200
Details of Changes
Securities After Change
Transactions
| Ann. Date | Name | Details of Changes | Securities After Changes | |||||||
|---|---|---|---|---|---|---|---|---|---|---|
| Date | Type | No. of Shares | Price | Direct (%) | Indirect (%) | Total (%) | ||||
Discussions
11 people like this. Showing 50 of 12,031 comments
Technically Icon MACD chart showing positive momentum. Strong closing in the day will indicate Icon more upside { breaching a new high }
1 month ago
The reversal of impairment and unrealised gains in the quarterly figs has resulted a nett loss of 14 million { is an accounting and tax entry} which has no effect on their operating cash flows. The impending rates renewal which is forthcoming will see across the board upticks in ICON charter rates. Operating cash flows are the life blood of any company. In the O & G sector ICON is one of the few counters in the sector that have paid out dividends. A good opportunity to buy and hold based on their results. Not best of the best but have great growth potential. With Yinsoon as the captain aiding ICON can expect more positive momentum. Not a buy call but just my own view and personal take on their recent news announcement. Please do your own research before you buy or invest
1 month ago
I mean Icon share rise cannot sustain or drop back. So we need to change PM or government for those bought during IPO RM 1.8?
Jonathan Keung
Mr Change ? what are you trying to tell us
6 hours ago
1 month ago
Wow !That was 10 years ago. Icon was promoted by 8 cornerstone investor. Maybank , PNB , Tab Haji, CMY { RHB co founder } ,UOB, AIA and Nomura for the listing exercise
1 month ago
2014 we have seen 6 PM. First Badawi, Najib, Mahathir, Muhyiddin, Ismail and current PMX anwar
1 month ago
Lim Han Weng(Yinson boss) when can you join Icon management team? You only bought Icon shares how about bring Icon changes when are you planning to do?
1 month ago
Good for Icon minorities if Big Boss { Yin soon } joins the board. perception of icon may be lifted by the diversity
1 month ago
Hold tight, KEYFIELD fly 100 % in the first day listing , AWB business has great potential , it will fly limit up too , market cap smaller than keyfield
1 month ago
I just received call from MBB bank said Icon regarded unconditional mandatory take over at cash offer price RM0.635. I rejected, why they offer this low price? Later they will push down the price to meet the unconditional mandatory take over?
1 month ago
Look at KEY field the newly listed oil & gas provider. The valuations is substantially much higher vs it's peer or icon valuations. Today traded 1.75 - 1.77 against its IPO price 90 sen
1 month ago
LY Hoh,
Depend on their intention. Normally those offering MGO at lower than market price, the intention is to get rejection from shareholders so they can retain the listing status. The MGO is compulsory by law, for those company taking over more than certain threshold of a listing entity. If the new owner intent to retain the listing status, they will normally offer lower than market price so the MGO will fail.
1 month ago
Yes, it will fly above 2.00 , check who is the new owner and the market cap of the owner
1 month ago
Interpacific Securities S/B said Lim Han Weng offer to buy Icon 63.5 sen and W at RM 0.001 is not fair and not reasonable so we must reject.
https://www.klsescreener.com/v2/announcements/view/6878657
1 month ago
Yinsoon boss knows it. Just offer a price to the minorities based on what's needed by the SC and Bursa. Slowly pushing it unnoticed and later inject it with liannex marine logistic assets.
1 month ago
Do nothing. Offer without any acceptance from you means nothing or non binding
1 month ago
Yinson boss {Lim} is a season businessmen with an excellent track record. Paying MYR 173 million to Ekuinas for the 50.2% stake in Icon {using Liannex as his investment arm} maybe just the beginning. Liannex, Yinson and Icon all have their niche in marine logistics and engineering. We cannot rule out possibilities of injection of certain assets and business into Icon. Afterall triggering the Go, getting the requlatory approval and all the nitty gritty from the authorities is exactly not a walk in the park. Certainly Yinson boss{Lim} have plans for Icon. You don't paid 174 million just for the sake to acquire a company. Something big must be brewing in his mind
1 month ago
According to the latest annual report KWP, EPF, Lembaga Tabung Haji and National Trust Fund are major shareholders in ICON OFFSHORE.
2 weeks ago
and they're kicking out the redundant BOD, the one that brought icon shareprice down the first round. looking good
2 weeks ago
Review of performance for the current quarter (Quarter ended 31st March 2024) against the prior year corresponding quarter (Quarter ended 31st March 2023):
(i) Revenue
The Group revenue decreased by RM12.8 million or 30%, from RM43.3 million in the prior year corresponding quarter to RM30.5 million in the current quarter, mainly due to low utilisation of vessels (late start of chartering due to monsoon season and planned maintenance). Overall utilisation for the current quarter was at 50% compared to 71% in the prior year corresponding quarter.
(ii)Profit after taxation
The Group recorded loss after taxation of RM25.6 million in the current quarter compared to loss after tax of RM4.2 million in the prior year corresponding quarter. The significant increase in the loss after taxation was due to additional provision amounting to RM13.1 million related to charter of replacement vessels and impairment of receivables.
1 week ago
Change in Boardroom
ICON OFFSHORE BERHAD
Date of change 30 May 2024
Name MR LIM CHERN WOOI
Age 38
Gender Male
Nationality Malaysia
Type of change Redesignation
Previous Position Executive Director
New Position Executive Chairman
Directorate Executive
Qualifications
No
Qualifications
Major/Field of Study
Institute/University
Additional Information
Working experience and occupation
Family relationship with any director and/or major shareholder of the listed issuer
Any conflict of interests that he/she has with the listed issuer
Details of any interest in the securities of the listed issuer or its subsidiaries
Announcement Info
Company Name ICON OFFSHORE BERHAD
Stock Name ICON
Date Announced 30 May 2024
Category Change in Boardroom
Reference Number C03-27052024-00007
https://www.klsescreener.com/v2/announcements/view/7084409
13 hours ago
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paktua73 Icon also new born under Yinson boss.
1 month ago