2nd cheapest CI stock. Will there a push like last 2 days before closing.

People talk Public Invest TP RM 1.88 already high. Today another one from HLG even higher TP RM 3.11. Why nobody mention?

Why nobody mention Wellington buying yesterday? When they sell a lot of people talking.

EPS 21.8(2015) sen by Public Invest meaning PE only 6.28 buying at RM 1.37. So TP whether RM 1.88 or RM 2.53 doesn't matter as long as one is buying cheap now.

AirAsia anticipated to benefit from lower fuel prices and MAS restructuring
http://www.theedgemarkets.com/my/article/airasia-anticipated-benefit-lower-fuel-prices-and-mas-restructuring

Lower oil price may not hit Icon much with their contracts already secured, ie over RM 800 million. Since Icon is majority owned by government their prospects remain bright. Since it is far cheaper than other O&G counters(eg Perisai, alam, KNM, TAS, Pantech, etc) it is a good buy when others sell cheap.

Latest Public Invest TP RM 1.88 meaning Penergy not affected by oil price directly.
http://klse.i3investor.com/blogs/PublicInvest/80441.jsp

dragonofdark if you have balls please recommend other counters can buy. If you are not interested in AA just get lost.

dragonofdark why you only know(comment)AA in Bursa. No other counter you know? You are really a dark person as your ID suggest.

Read Public Invest report.

Winner of recent oil plunge.

SapuraKencana to engage in Brunei O&G projects via JV
http://www.theedgemarkets.com/my/article/sapurakencana-engage-brunei-og-projects-jv

My flat worth RM 92K(Icon NTA 92sen) I sold at 37.5K(Icon market price) can I make money selling cheap?

One things learn from i3 forumers sell a counter at all time low but chasing others at all time high? Sure way to become rich?

O&G counters are all about contracts won not oil price or others. Icon orderbook increase to over RM 800 million despite oil price drop this year and bad perception meaning there is advantage being a GLC like Icon. Those selling at 37 or 37.5 today please inform honestly how much money you make.

So Icon also suffer like 1MDB?

Najib: Negative perceptions make 1MDB look guilty
http://www.thestar.com.my/News/Nation/2015/07/31/1mdb-negative-perception-makes-firm-look-guilty/?utm_source=dlvr.it&utm_medium=twitter

Oil & gas counters must compare with similar counters not orange with apple. Why those selling cheap but buy Perisai, Alam, KNM, TAS, etc at higher price? Somemore new contract won meaning all not too bad. Others(O&G) also cannot win contract.

Latest TP RM 1.88. Good to buy now when cheap.

Good QR likely next month. Better buy when cheap not expensive to make money.

Good buy when cheap. No mess here as still got RM55 million new contract won.

If return to IPO price RM 1.85 I made over 4X return buying now.

Cheaper than Tg Offshore, Alam, KNM, TAS and many others why nobody want? Let me collect more when people sell cheap.

Why still zzz? Need to wait QR or more O&G contract win?

Icon order book remain healthy over RM 800 million currently. This year still manage to get new O&G contracts meaning it is far better than many similar counters. Recent selldown is further chance to buy when cheap.

Even DPM can be removed or changed as shown by Najib yesterday, so what is change of Icon CEO Dr Jamal.

I buy cheap stock to save money. Money saved can be used to buy more other stocks. If coming QR better than last QR what happen to those selling cheap?

BN counter. Easier to get contract from PETRONAS. Load up more today.

Cheapest making money O&G counter. Time to buy more when people sell cheap. Cheaper than Perisai, Tg Offshore(loss making somemore) Alam, KNM, TAS, Pantech, etc why cannot buy?

Cheapest making money O&G counter. Time to buy more when people sell cheap. Cheaper than Perisai, Alam, KNM, TAS, Pantech, etc why cannot buy?

O&G contract increase RM 55 million but price down. Good to add today.

Cheapest profitable O&G stocks. People sell cheap I buy more.

Order book now RM 835 million. People buy expensive O&G stocks today I add more Icon.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4802197

Not bad. Still manage to win RM 55 million contract announced today.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4802197

What speakup said is not true.

Posted by speakup > Jun 26, 2015 12:25 PM | Report Abuse

i agree w/ datasonic. reputation spoilt already how to get new contracts????

In news we always hear many cases involve MACC checking even our PM Najib. Which MACC case end up in prosecution? Likewise Icon case so far no news meaning is good news.

If you check post IPO Tabung Haji has been steadily increase their stake even suffering huge loss. Are their fund managers dumb?
http://klse.i3investor.com/servlets/stk/annchsh/5255.jsp

Who's who among top 30 shareholders?
Ekuinas as no 1, Tabung Haji, LTAT, ASB, GIC, EPF, PNB. Are they influential(keng chao)?

TOP 30 SHAREHOLDERS BASED ON RECORD OF DEPOSITORS
Name of Shareholders No. of Shares % of Shares
1 HALLMARK ODYSSEY SDN BHD 497,768,820 42.28
2 LEMBAGA TABUNG HAJI 99,292,768 8.43
3 JAMAL BIN YUSOF @ GORDON DUCLOS 54,882,812 4.66
4 LEMBAGA TABUNG ANGKATAN TENTERA 35,548,200 3.02
5 AMANAHRAYA TRUSTEES BERHAD
SKIM AMANAH SAHAM BUMIPUTERA 28,579,900 2.43
6 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD 28,549,300 2.43
7 SEMPENA FOKUS SDN BHD 28,313,168 2.41
8 AMANAHRAYA TRUSTEES BERHAAD
AS 1MALAYSIA 14,782,600 1.26
9 RAHMAN BIN YUSOF 14,317,604 1.22
10 CITIGROUP NOMINEES (ASING) SDN BHD
EXEMPT AN FOR CITIBANK NEW YORK (NORGES BANK 14) 10,850,000 0.92
11 HSBC NOMINEES (TEMPATAN) SDN BHD
HSBC (M) TRUSTEE BHD FOR RHB-OSK KIDSAVE TRUST (3621) 9,903,300 0.84
12 PERMODALAN NASIONAL BERHAD 9,855,100 0.84
13 AMANAHRAYA TRUSTEES BERHAD
AMANAH SAHAM MALAYSIA 9,855,000 0.84
14 MAYBANK NOMINEES (TEMPATAN) SDN BHD
ETIQA TAKAFUL BERHAD (ANNUITY PIF EQ) 8,150,000 0.69
15 CARTABAN NOMINEES (ASING) SDN BHD
GIC PRIVATE LIMITED FOR GOVERNMENT OF SINGAPORE © 7,245,000 0.62
16 CITIGROUP NOMINEES (TEMPATAN) SDN BHD
EMPLOYEES PROVIDENT FUND BOARD (NOMURA) 5,545,200 0.47
142 ICON OFFSHORE BERHAD
TOP 30 SHAREHOLDERS BASED ON RECORD OF DEPOSITORS (CONTINUED)
Name of Shareholders No. of Shares % of Shares
17 AMANAHRAYA TRUSTEES BERHAD
AMANAH SAHAM WAWASAN 2020 3,927,600 0.33
18 MAYBANK NOMINEES (TEMPATAN) SDN BHD
ETIQA TAKAFUL BERHAD (GROUP PRF EQ) 3,838,900 0.33
19 HSBC NOMINEES (TEMPATAN) SDN BHD
HSBC (M) TRUSTEE BHD FOR RHB-OSK EQUITY TRUST (3175) 3,500,000 0.30
20 RHB CAPITAL NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR HARRY LEE VUI KHIUN 3,437,200 0.29
21 MAYBANK INVESTMENT BANK BERHAD
IVT 15 3,327,100 0.28
22 MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR HASSAN BIN ALI 2,770,300 0.24
23 CARTABAN NOMINEES (ASING) SDN BHD
GIC PRIVATE LIMITED FOR MONETARY AUTHORITY OF SINGAPORE (H) 2,755,000 0.23
24 MAYBANK NOMINEES (TEMPATAN) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR ISY HOLDINGS SDN BHD 2,650,000 0.23
25 AMANAHRAYA TRUSTEES BERHAD
AMANAH SAHAM DIDIK 2,463,800 0.21
26 HSBC NOMINEES (TEMPATAN) SDN BHD
HSBC (M) TRUSTEE BHD FOR RHB-OSK SMART TREASURE FUND (4694-002) 2,455,300 0.21
27 MADON INVESTMENTS LTD 2,210,000 0.19
28 MAYBANK NOMINEES (TEMPATAN) SDN BHD
ETIQA TAKAFUL BERHAD (ANNUITY PRF EQ) 2,035,000 0.17
29 CIMSEC NOMINEES (ASING) SDN BHD
PLEDGED SECURITIES ACCOUNT FOR NOBLE PLAN SDN BHD 2,000,000 0.17
30 M&A NOMINEE (TEMPATAN) SDN BHD
PLEDGED SECURITIES FOR TAN GEK HONG (PNG) 1,900,000 0.16

sheep, Dr Jamal no longer the CEO. It is a theory CEO cannot be changed?

JL stand for join lying. Why she never mention IPO money? Someone eating away IPO money?

Excerpt from 2014 Annual Report.
iii) Issuance of additional 221,745,000 ordinary shares of RM0.50 each for total consideration of RM410,228,250 via IPO
in Bursa Malaysia Securities Berhad at an issue price of RM1.85 per share on 25 June 2014.

Downside risk limited and quite safe to enter now. Cheaper than many O&G counters eg Alam, KNM, Barakah, etc. Owned by Ekuinas, a government body so easier to get contract from Petronas.

CL1:COM
WTI Crude Oil (Nymex)
USD/bbl. 59.47 +1.14 +1.95%
CO1:COM
Brent Crude (ICE)
USD/bbl. 63.16 +1.15 +1.85%

Bently no news is good news. All contracts remain intact.

CL1:COM
WTI Crude Oil (Nymex)
USD/bbl. 59.47 +1.14 +1.95%
CO1:COM
Brent Crude (ICE)
USD/bbl. 63.16 +1.15 +1.85%

When cheap Icon can become takeover target. Puncak(keen to enter O&G after disposing water business) and Tanjung Offshore are possible suitors.

Which MACC case so far end in prosecution? In fact Icon order book still increase RM 25 million after MACC probe.

Proof director buy.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4762809

People chase expensive O&G stocks. I chase cheap one so I can buy more and make more money later.

Cheaper than Perisai, KNM, etc. Time for me to buy heavily before others chase.

Order book RM 785 million, RM 25 million increase this year.

We have taken the necessary steps and measures since the notification of the MACC investigation, such as assuring our customers and stakeholders that business is ongoing as usual and the group remains financially robust.

“It is safe to say that our contracts are still intact and we will strive to heighten our competitiveness in future tender participations,” Icon says in an email reply.

http://www.thestar.com.my/Business/Business-News/2015/06/20/Can-Icon-Offshore-weather-the-storm/?style=biz

After Puncak get RM 1 billion(net of dividend) from their water asset disposal perhaps can buy Icon(their intention to enter O&G business after exiting water business).

Perhaps yes and the way EPF is selling now.


Posted by ongcccc201999 > Jun 18, 2015 09:25 AM | Report Abuse

Again, Bumi experienced another bitter taste by facing claim of XXX million from ONGC client due to mainly armada sterling c7 insurance non-compliance on first mankind mooring system

Is this stock diving down to RM 1? Someone consults