Posted by twim > 2014-06-25 10:28 | Report Abuse

It will be at rm2 for today n probably this week. Make people gerammmm n sell early ma. You think chua ma you will see meh ? He will only sell after rm2.50. Patienceeeee patienceee.. I learnt fr umwog n SEM

Posted by twim > 2014-06-25 10:34 | Report Abuse

Let me queue now to buy at rm1.98..

Posted by speakup > 2014-06-25 10:37 | Report Abuse

Equinas selling?

Posted by saufi74 > 2014-06-25 10:39 | Report Abuse

Icon will be like umwog..my target price 2.50 above..last time when umwog first day listing..i said gonna go above 4..some one laugh..so just be patience..this stock will reward u..cheers..

Posted by twim > 2014-06-25 10:43 | Report Abuse

Yo bro Saufi. How r u ? Buying some more at rm2 ? I am trying to get below rm2.
I agree wif u that within 6 mths can reach rm2.50. Profile n movement almost same as umwog.

Posted by speakup > 2014-06-25 10:46 | Report Abuse

for umwog there was no direct comparison. SKPETRO is close but not exact.
but for Icon there is a direct comparision in Alam. How can Icon go up ahead of Alam, when Alam is fundamentally stronger than Icon?

Posted by speakup > 2014-06-25 10:47 | Report Abuse

so either Icon is overvalued or Alam is undervalued? Which is which?

Posted by speakup > 2014-06-25 10:49 | Report Abuse

Icon profile same as umwog? Icon profile same as Alam. Both OSV biz. Umwog is rig provider. different.

Posted by twim > 2014-06-25 10:51 | Report Abuse

Technically n fundamentally u are correct. But our market is very sentiment driven. Some valuation can be as high as 30x-50x while it's peers are at 3x-5x per. I would still put my money in icon.

Posted by speakup > 2014-06-25 10:58 | Report Abuse

my money is in Alam. we'll see which better at end of this year. Alam now 1.56, Icon 2.01.

Posted by twim > 2014-06-25 10:59 | Report Abuse

Ok ok. Let's race.

Posted by MSTrader > 2014-06-25 11:06 | Report Abuse

can dip below 2.00

Posted by gainkawkaw > 2014-06-25 11:28 | Report Abuse

sifu zam saham how to explain to your student about ICON.. sure pening kepala ma....

Posted by KAQ4468 > 2014-06-25 11:33 | Report Abuse

"I Kena Con" "I Kena Con" ....not Icon lorrrr.. Tukar nama tukar nama...wakaka... RM 1.50 mari RM 1.50 mari....

Posted by twim > 2014-06-25 11:38 | Report Abuse

Explanation is don look at short term price fluctuation. Look at midterm to long term...

Posted by speakup > 2014-06-25 11:41 | Report Abuse

Icon boss name the company I-Con for a reason?

Posted by jolie2 > 2014-06-25 11:44 | Report Abuse

alam cannot fight with icon
alam par value is 25 sen and total share is 930 mil
icon par value is 50 sen and total share is 1170 mil

if compare on the par value, alam more expensive.

buy icon !!!!!!!!!!!!!!!!!!

Posted by Tripaka > 2014-06-25 11:45 | Report Abuse

I con you....

Posted by maxcore > 2014-06-25 11:50 | Report Abuse

cialat now..drop drop drop..

Posted by gainkawkaw > 2014-06-25 11:53 | Report Abuse

brooooo...releksss... why so takut.....u buy own your risk....if drop more.... u tido la.....when it up u wake up la....

Posted by maxcore > 2014-06-25 11:54 | Report Abuse

i target rm2.5 now rm1.9...far far far away land..lol

Posted by gainkawkaw > 2014-06-25 11:57 | Report Abuse

hahahaha...no easy money la bro...before buy study first....then u decide...dont too dependent to your sifu... follow your heart...anyway the money is your..

Posted by godzilla > 2014-06-25 12:20 | Report Abuse

Tido tido...wait for boustead tomorrow

Posted by miracle4faith > 2014-06-25 12:34 | Report Abuse

closing 11c above...looking forward for evening session...
1st day listing surely want to push up to 20c closing...

Posted by jolie2 > 2014-06-25 12:52 | Report Abuse

compare icon and posh which is just listed in spore .

icon - price rm 1.85 and pe is 18x
posh- price rm 2.87 ( Sing dollar at 1.15) and pe is 23x

therefore, icon still can go up as it is a glc company with ekuinas holding 41% after ipo.

alam is not a strong contender to icon. Only posh is strong contender.

Posted by MSTrader > 2014-06-25 15:11 | Report Abuse

rebound time??

Posted by didierdrogba > 2014-06-25 15:13 | Report Abuse

closing 1.85 open ipo for all no need MITI

Posted by speakup > 2014-06-25 15:30 | Report Abuse

jolie2, go look at Icon prospectus. They even say Alam is their direct competitor. Guess you didn't read the prospectus, simply buy.

Posted by speakup > 2014-06-25 15:37 | Report Abuse

good news for Icon :
http://announcements.bursamalaysia.com/EDMS/edmsweb.nsf/all/C29A85E12207CA0D48257CF30036C1BC/$File/MIB%20letter_Stabilisation%20Action.pdf

Posted by jolie2 > 2014-06-25 16:18 | Report Abuse

ok-lah. i don't care who is their competitor and also i don;t read the prospectus but simply buy.

But i think ICON one day will really become Msia's ICON.
if not, cannot simply use this name one. Somemore, they put msia flag on their OSV, just like MAS. Hopefully, won;t turn turtle like MAS.

Posted by twim > 2014-06-25 16:37 | Report Abuse

Haha actually I also never read prospectus, jus read profit, NA and shareholders...so,shy lea...

Posted by twim > 2014-06-25 16:37 | Report Abuse

Ok close eyes now. Wait for boustead tmoro.

Posted by twim > 2014-06-25 16:39 | Report Abuse

Year end only look at Icon n alam px see speakup or me win the race...
2.01 n 1.56. This round I kalah already...

Posted by HeyHo > 2014-06-30 14:55 | Report Abuse

can buy at this level or not?? will it break ipo price??

Posted by steelman > 2014-06-30 17:27 | Report Abuse

Do you know what is the original shareholder entry price? Par value is 50sen, so their entry cost is 50cents or even lower as they would have split RM 1 to 50 cents. Don't you think it makes sense for existing shareholders to sell at RM1.85, to cash out first.

Posted by speakup > 2014-07-28 18:06 | Report Abuse

existing Reach shareholder entry price is 1sen (same as Sona).

Posted by granto > 2014-08-11 08:28 | Report Abuse

Icon Offshore offloads one ship, adds another: http://www.seashipnews.com/News/Icon-Offshore-offloads-one-ship--adds-another/3w3c2505.html

Posted by granto > 2014-08-18 15:06 | Report Abuse

Icon enters Brunei via new joint venture: http://www.seashipnews.com/News/Icon-enters-Brunei-via-new-joint-venture/3w3c2534.html

Posted by 0008 > 2014-12-29 18:32 | Report Abuse

Haha ! Happy trading lah !