up 4 sen at time of comment; good timing on your post or could it be the reason for the push :) thank you for sharing, bone

gain good ground today. still believe the WA should be trading at a bigger premium compared to mother!

@S12456 your TP maybe tomorrow

major shareholder/director selling like no tomorrow man

No wonder Datuk Thong was busy collecting so he can sell blocks to foreign funds. Wonder how much discount he gave.

I think there is more to come! after the settlement of PJ Sentral legal issues, there is more clarity on development book

Datuk Thong himself buying back!

Ring: they are the initial investors with the startup capital pre-IPO.

TAK KENA :(

watch out when Icon is listed.

sklyte: believe. i am in! haha

sklyte: looks like market is picking up yr queue

ZERO success haha

any of you ada kena?

One of the more sensible comments after the announcement.
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Posted by OngLiao99 > Jun 5, 2014 05:26 PM | Report Abuse

Sad for those whom saw the announcement, mis read it and panicked and sold....please read the announcement 3x to fully understand. Sona mgt could be brilliant if you have observed hibiscus in the past 2 years...still spending on exploration. Sona paid for a production asset and an unexplored concession. In layman's terms they bought a house that can be rented out for cash that can be used for repayments of the loan. And the price paid is the market price for the house and a piece of land about 5x bigger that that the house is sitting on. Secondly, in this one price that they paid, they also included payment upfront to build up 3 more houses on the land which can generate more income. One deal, to roll for the future....I have to admit, I did mis read it as well and when the sharks panicked and sold, I thought game over....then realised some started biting back as if they made a mistake...now i know why....hahahah....moral of the story...get professional advice....pls chk with your remisers.

Bro Viper88: i am with u. But after the TM adn P1 suspension lifted both tank! haha

Satu kali makan abalone lunch sudah issue buy call ALAMAK!

4pm the magic hour!!!

bro TLTAN, can you pls share the report as well. thanks. mrbullocks@hotmail.com

RHB Research / 04-06-2014
Icon Offshore Berhad : Pure-Play With Well-Deserved Scarcity Premium
We value Icon at MYR2.10 (16x FY15F P/E). We believe it deserves to
trade close to the selectively rich valuations of pure-play peers from its
listing FY15F P/E of 14x. Our valuations are supported by: i) scarcity
premium, ii) fleet expansion, iii) young fleet, iv) high utilisation rate, and
v) visibility from long-term charters. Icon is also a potential deepwater
play. We estimate FY14F/FY15F profit growth of 22%/42%.

michael: this pisang is going to ask u for sat toto already haha

QA is pending approval from Bursa. Hold on.

i heard they have also secured an oilfield.

Law: me too, i am in same boat. think our capital better deploy to other counters

Dsonic got chew Ben Ben. Inari got ban ban tan. Mou man tai lol

debut also no 4pm show today haha

Viper88: Bro, your time has finally arrived!

Will the good results impact price tomororw?

Seriously if all of us here are just waiting, who is doing the buying?!?!

gentlemen, start your engines!!!!!

Eddy: thanks

When is the release of their next quarter results? That would be direction changer for the price

will there be another 4pm show today? haha

Al: that would be something amazing! Lol

Reno: Noted on your comments. no point just following and then blaming others if one suffers a loss.
I believe one of Mr Koon's pick a couple years back was TWSPLANT and those who had followed and held were rewarded handsomely.

i believe those commenting here have already taken positions for some time

getting interesting past half hour

People like Koon / Sam are long long term investors. They will hold for a year or 2 and tell u that i told you so.

things have definitely taken a turn for the better after the Ekuinas deal. hoping market responds

everyone said Dsonic game over and had jump ship to Inari but look who's the biggest jumper today

this counter is not spared. the old adage of Sell in May and go away...

More material announcements coming up next week

whats the latest on their QA? That's probably the only thing that will make it meletup!

anyone heard anything about news coming out next week?

jumping on the bandwagon also. good luck to everyone.

Any last minute punts for the 'magical' Friday announcements?

PK showing us his pisang!!! cheers bro. TQ

one of the few stocks holding steady today.
mc - good announcement coming after hours?

That's a good write up. Thanks for Sharing. I'm also invested already.

selling queues above .30 are so strong. major resistance. dont think can break .31 again after this.

lets see how many rounds it will go