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2014-09-21 20:28 | Report Abuse
Vic, retailer is disposing the stock n not equinas
2014-09-19 20:54 | Report Abuse
thanks pavillion for sharing ur knowledge, ufis for ur opnion
2014-09-18 20:38 | Report Abuse
friday dsonic day...sure fly tomorrow
2014-09-17 21:35 | Report Abuse
Pavillion please give your comments...
2014-09-15 12:49 | Report Abuse
this counter make me sleepy zzzzzzzzzzzzzzzzz
2014-09-13 13:43 | Report Abuse
hmm optimusx ...how long can the sell at 1.80, im sure it will finish too, then price will go up
2014-09-05 12:25 | Report Abuse
announcement coming soon...after that sure fly
2014-08-29 14:11 | Report Abuse
the volume now is getting lower, which mean no seller. next week sure will fly......
2014-08-28 15:41 | Report Abuse
only stupid people throw at 1.85
2014-08-28 13:50 | Report Abuse
hahaha..talk kok junction good for laugh :D
2014-08-26 21:27 | Report Abuse
1H14 adjusted net profit made up 42% of our FY forecast.
3-year adjusted net profit CAGR of 30% driven by improved utilisation and expansion in fleet to 39 units by 1Q16.
Maintain BUY and MYR2.00 TP (15x 2015 PER, comparable to peer average).
What’s New
2Q14 adjusted net profit of MYR27m (+12% QoQ; -1% YoY) took 1H14 adjusted earnings to MYR51m (+39% YoY), on track to meet our expectation of MYR122m for FY14. 2Q14 relatively mirrored 1Q’s performance except for the technical fee income gathered following the mobilisation of a new OSV.
Our adjusted net profit in 2Q14/1H14 took account these items: (i) MYR15m/MYR15m IPO expenses, (ii) MYR2m/MYR4m RCPS-I profit, and (iii) MYR2m/MYR5m amortisation of intangible assets.
What’s Our View
Our forecasts are unchanged, expecting stronger 2H vis-à-vis 1H as Icon recognises earnings from its Brunei-based AWB. Overall, Icon is set to enjoy strong growth momentum, underpinned by: (i) the planned expansion of its OSV fleet, and (ii) improved utilisation. We project Icon to take delivery of 6 new OSVs in 3Q14-1Q16, comprising: (i) 1 unit of AWBs, (ii) 2 units of 10,930 bhp AHTS, (iii) 2 units of PSVs and (iv) 1 unit of FCB.
We do not rule out further fleet expansion in the future considering Icon’s lean balance sheet (net gearing <1x) as well as M&A opportunities locally/overseas. Icon is a Shariah compliant stock, which is a positive.
Source: Maybank Research - 26 Aug 2014
2014-08-26 21:23 | Report Abuse
thanks for sharing your view ufis...
2014-08-22 14:49 | Report Abuse
" icon, today high is tommorow low" beli jangan tak beli
2014-08-21 22:51 | Report Abuse
tomorrow this counter will start moving
2014-08-18 10:48 | Report Abuse
today will reach 2.30...so better buy now
2014-08-15 17:16 | Report Abuse
RM3.00 end of month...insider news
2014-08-08 10:46 | Report Abuse
the show will start after 3pm...
2014-08-06 21:36 | Report Abuse
5 companies is buying icon share today, must be good news coming soon...
2014-08-05 21:24 | Report Abuse
Ufis...thanks for your views
2014-08-05 15:09 | Report Abuse
Pavillion balik kampung, will be back soon for the announcement
2014-07-25 19:47 | Report Abuse
DrG....how sure of u there will be a rebound?
2014-07-24 21:58 | Report Abuse
wait for announcement quarter result ,,then it will fly
2014-07-22 16:32 | Report Abuse
how come maybank is not supporting icon anymore??
2014-07-21 12:36 | Report Abuse
ferdtwh...why do u think it will go above 2 after raya?
2014-07-21 11:06 | Report Abuse
Dake, if 6 connerstone is holding..how come no support for this stock?
2014-07-18 15:54 | Report Abuse
This company very profitable :
5255 ICON ICON OFFSHORE BERHAD
Quarterly rpt on consolidated results for the financial period ended 31/3/2014
Quarter: 1st Quarter
Financial Year End: 31/12/2014
Report Status: Unaudited
Submitted By:
Current Year Quarter Preceding Year Corresponding Quarter Current Year to Date Preceding Year Corresponding Period
31/03/2014 31/03/2013 31/03/2014 31/03/2013
RM '000 RM '000 RM '000 RM '000
1 Revenue 80,067 65,300 80,067 65,300
2 Profit/Loss Before Tax 19,697 4,049 19,697 4,049
3 Profit/Loss After Tax and Minority Interest 19,500 3,118 19,500 3,118
4 Net Profit/Loss For The Period 19,500 3,118 19,500 3,118
5 Basic Earnings/Loss Per Shares (sen) 0.08 0.01 0.08 0.01
6 Dividend Per Share (sen) 0.00 0.00 0.00 0.00
As At End of Current Quarter As At Preceding Financial Year End
7 Net Tangible Assets Per Share (RM) 1.5500 1.4800
2014-07-17 10:38 | Report Abuse
but this company got profit n PE also very low....
2014-07-10 16:27 | Report Abuse
announcement coming out soon...
2014-07-03 21:47 | Report Abuse
primex...laugh die me. hmmm that sound like somebody we know..wakakaka
2014-07-02 14:40 | Report Abuse
come friday the price will go up...
2014-06-30 12:26 | Report Abuse
optimus1998 go play at other forum, dont kacau here
2014-06-28 12:09 | Report Abuse
Buy (upgrade)
Target price: RM2.50
DATASONIC has proposed to acquire 30% of Fuelsubs House Sdn Bhd (FHSB) for RM10mil, subject to the latter securing the mandate to manage the national fuel subsidy programme.
RHB Research said this confirmed previous media speculation and came as a positive surprise. It upgraded the stock to “buy” (from neutral) and raised its fair value to RM2.50 (from RM2.04) to factor in potential earnings contributions from this contract come the 2016 financial year.
Out of the RM10mil, RM7mil could be injected into FHSB as working capital while the remainder would be paid to the existing shareholders.
In RHB Research’s view, Datasonic would be roped in as the technology partner, given its proven track record in providing MyKad and photopages of national passports to the Government.
It believed this acquisition would lead to MyKad being designated as the official card to help facilitate the execution of the fuel subsidy programme.
If this programme can save the Government as much as RM9.8bil per annum, as reported by the media, RHB Research said it expected FHSB to be paid at least 2%-3% of the potential savings.
Pegging a net margin of 40% to potential annual revenue of RM200mil-RM300mil, RHB Research estimated that the fuel subsidy programme, if it materialised, could bring in an additional RM24mil-RM36mil to Datasonic’s bottom line on a full-year basis.
2014-06-27 13:06 | Report Abuse
Maintain Buy on Icon with TP of RM2.20 based on 16x FY15 P/E. The
stock is catalysed by the following:- 1) diversification into lucrative
deepwater segment with minimal local competition, 2) advantage over
peers in terms of fleet age, margins, scale, long term earnings visibility,
and utilisation, 3) active fleet expansion of 7 new OSVs by 1Q16, and 4)
robust balance sheet for fleet expansion or renewal (FY15f net gearing:
0.4x).
Figure 1:
2014-06-26 11:48 | Report Abuse
fortunebullz n crawler r send here to make people panic...
2014-06-26 11:29 | Report Abuse
hey fortunebullllz is back, long time no see :p
Stock: [ICON]: ICON OFFSHORE BERHAD
2014-09-23 14:23 | Report Abuse
Good news is coming soon...