matter of time will be 12 sen...

no body know what is Tun next move, but if PAS is inside government market will crash further ! bodyshop also one of the counter be affected badly !!

every ppl is run for your life ! today market will drop heavily,foreign fund start to unload !!

can consider buy warrant better return.

same price with Mflour, must as well wack Mflour !!I believe Mflour next week will start moving up base on my experience !!

clearly the sellers are from major holders, yesterday n today sellers alway key in 1000 to 5000 units that means all from directors !!!

as i said earlier it will be very susah to cross 12.5 sen ! Warrant is trading with too high premium n look very risky ... The banker will support mother from 11 sen to 12 sen UNTIL they DUMP all warrants !!

It's strange still got many people here say never come across or seen such a behaviour of icon shares ??!! Limit up morning then crashing down hours later, sell early before RI credited, It has been happening year to year, history repeat n repeat...I safely said it happened more than 100 times since cds introduced. To me Icon case is normal as compare to harvest,csl, sumatex, Istronic etc etc...

Earlier I hav warned that retailers RI was under subscribed 22%(505million) and you guys interpret as over subscribed. The retailers cost price are all above 12.21 Sen to rm1!!Before it can go above 12.5 sen, market need to absorb all this 505 million shares + 260 million from banker.. I think it will take very very very long time !!

today all sold out shares are from major shareholders, that mean T2 come you got no money to pick up, it will down again on Wednesday !! (i guess should be about about 15 million shares)

major share holders got at least 15 million mother shares, only they got so many mother shares to dispose. Small retailers only got 20 units to 100000 units and all stubborn heads refuse to cut loss.

Hopefully newbie learn from this pity n painful lesson. I feel very very sad after giving so many hints directly and indirectly to you guys and still can not get my message.

I feel very sad for many newbie here why dont listen to me !!!

not point talking, my last advice to small new retailers just sell lah !! tomorrow you got no chance to sell lah !!

i start q buy 14, 13.5 13 and very confident can get cause Icon for sure crashing

if today never run, i am sure all will be masuk big lonkang !!! tomorrow might crash further !!

Buy only after Icon RI sell down, then Alam can get 13 to 13.5 Sen easily !

They will play today n tomorrow but BARE in mind even 2 limit up also cannot reach 1.75, that mean all existing shares holders still heavy loss. The only way for existing share holder is sell today and wait for right trading, you better hope RI can trade 12 to 14sen..and warrant may b 1.5 Sen to 2 Sen.,.

I am more curious "WHO" actually subscribe that excess shares of 999.2 million to make it look like over subscribe 19.87%. It reflect many existing holders are not very confidence on this batch of management ......

Nobody can stop a non share holder from giving advice to newbie here. I am not like some ppl here who like to go every counter n shout limit down lah, boh chow si lah, target price 5 Sen lah......my posting is alway neutral...good I say good, got risk I say risk not like many in I3 here who only promote n promote n promote particular counter .,

My posting is NOT relevant to senior players as they are aware n fully understand the game of market. My intention is strictly or directly to many not very experience players who just listen here n there. I still think the risk of Icon is going up since only 77% of offers are taken up by existing share holders.

505 million of 10.5sen not taken up by share holders, you think who will offer higher than 10.5 from market ?????

Need to analyse WHY only 77% of offers was taken up by existing share holders.

Next few days we shall know who actually applied that 1 billion excess shares. If bulk of it is from major shares holders then the price will not fall below 10.5 Sen. But if this 500 million shares is taken up by new "OR kaki" then you got to very careful because their cost is less than 10.5 Sen if take into consideration of free warrant.

Retailers part was actually under subscribe by 500 million shares, that mean 80% did not take up the offer. In another word from now onward the NEW share holders will control Icon.

Same tactic as VC, they have throw out all the warrant...

With the deteriorating in political front, I think market will retreat broadly in all counters !!!!! Avoid all polictical link counters for time being. This will be bad ,bad ,bad boy, what to do ? I have pre warn so many time quickly sell before or after ex consolidated but nobody listen to me. I can say all existing share holders for sure heavy loss more than 80%of their initial investment. Only those new investors who bought OR from market might make some money from warrant, but also not guarantee !!! I predict right issue will trade between 10 to 12 Sen for few months and warrant 0.005 to 0.01 Sen........for this year .

It will be a supersonic ........!!!!

i only bought 8.3 lot n today T2, decided to leave this train and go concentrate some good food counter.

When it's turn come,it will comes !!Not only come, it will rampant all the way !!!!stay wait...,

If tomorrow mpi jump, this one will surge again...

Got money this one can invest

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The price will not crash if designated, banker need to make sure it stay at 10.5 Sen level for them to clear the first selling on all warrants, ib will not hold a single warrant, the risk is even higher than Sona -warrant. I still think existing holders clear all mother although now only 0.006 sen, it's still better than 0.0022 Sen on 20/02...this is solely my personal view only,

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Tomorrow overall market should be up trend,especially chip stock like mpi, kesm will jump high ! TDM likely to join in the rally also, stay watch !

It should higher than rsawit , as tiong family dump out too many rsawit in open market, investor don't trust him anymore.....

If I am you guys, I will keep the money n wait for warrant ,if warrant open 0.005sen then put all "that"money in warrant. Warrant still got some hopes it might move up 100% from 0.005 to 0.01sen, for mother to move 10.5 Sen to 21 Sen(100%) is quite quite quite Susah..,

OR subscribers got extra premium on warrant, warrant open higher their cost is lower while existing shareholders got heavy burden on pre consolidated cost of 50x0.035 to may b 50x0.45. Therefore this game is NOT for existing share holders !! Unless you sold all on first 3 days after ex consolidated like ALL major share holder ..

Base on what I see,price will not drop drastically before 10th Feb,it might move downward after 10th..,chances of rights trade above 10.5 Sen very slim, because those big kaki for sure apply excess shares and their cost will be less than 10.5 Sen,eg you buy few lot of OR @half Sen and apply for maximum excess shares(there are many cash rich in market)only winner will b those bought 1 lot of OR and apply excess shares. They will b the first to take profit if rights open 11 Sen or warrant got buyers @0.005 Sen. Existing share holders sure will loose big for long time.....

I think TH Urusharta Jamaah loss more than all you guys combined !!!!!His initial investment of 48.6 million let say @rm1.85 ,if you guys think he sold at 90 Sen(that day highest)that mean he dispose off @ 0.18 Sen only !!!!!!!TH also don't see good on Icon, you think leh ???

i am very shock to read some comments here complain this complain that ....honestly i dont find any issues on this icon shares. First must understand the effective date of designated is on 28/01/20. Those bought on last friday is 24/01/20, after T2 closing, shares will be in system but market dah tutup mah. Then only t3 which is today lah, but too bad drop like lausai !!!! That why orang marah marah...I am more surprise so many ppl here got involved in this counter

tomorrow might be not a good day for Alam as another 31.5 million new issued @.095 sen will be flooded the market....newbie got to be very careful....

THEY are no syndicate playing this counter, No big players, only few retailers who totally blind or no knowledge on ex consolidated,designated share, OR, or may be fool by many jokers here. The price now is truly reflect the market force, no body manipulate this counter, before or after ex consolidated ,it's trading is absolutely NORMAL , it was classified designated and later to dynamic limit share is basically to protect small retailers ..just forget about Icon and look forward to other counters ......top management of icon are the same, what do you expect from them ??

For retailers it's better to sell all your OR since there is chance to run @0.005 Sen. Forget about subscribe the right and get trapped further !!! Once OR stop trading, the mother will jump up n down but when right payment ex the mother will plunge very fast to 10.5 Sen level !!! Run is the only surviving word for Icon.

I do not think any retailers here got trapped after ex consolidated, they kena trapped all bcos they refused to run 3.5 Sen before ex, after ex the price is only 1.2 Sen lagi refuse to chow. Worst still listen to many 仙家 here who talking rubbish ...my advice to those not manage to cabut before ex, just cut loss if mother recover back to 50 to 70sen before 18/2/20, if you miss the mother will go back to 10.5 Sen n slowly downward to 9 Sen depending market sentiment , don't forget under writer bankers got billion to unload @10.5 Sen, they just want to get back 10.5 Sen cash not the stupid shares.

Make sure you run mother before Rights shares start trading, 99% the price will b trade between 10sen to 11sen!!

For small retailers, should have 1 more chance to run is after OR ex n before last payment date for Right shares. During this period mother might jump up 100 to 300 % at least can recover 20 to 50% of your money. As for OR, if mother drop below 19.5 Sen hopefully you can key in 1sen and run as fast as possible !!!! Otherwise it's a burnt !!

I am shocking to learn that more than 90% of the forumers here are totally blind on ex consolidated price,OR, Designated stock, Right offered price,trading of Right ISSUED shares.....For sure they will get very very very very very serious burnt by the time Right Issued shares start trade next month !!!!!

After cny it will be an abandon child, nobody will care about it!!! The volume will be shrink to few hundred lots!!! Its std for many penny stocks in Malaysia.