ICONIC WORLDWIDE BERHAD

KLSE (MYR): ICONIC (9113)

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Last Price

0.08

Today's Change

-0.005 (5.88%)

Day's Change

0.08 - 0.085

Trading Volume

5,034,100


3 people like this.

1,388 comment(s). Last comment by Raiz368 4 hours ago

VenFx

14,784 posts

Posted by VenFx > 2020-12-13 00:33 | Report Abuse

1. Capex by 1.5 times higher than AT ...

2. Basing on AT s 0.190 share price closing last Friday.
Iconic shud close on par of $1.75
given its 1.5 times greater capex rite ?

3. CUP & HANDLE
of $0.580 neck line
once breakthrough

4. WE CHAT ON THE MOON , SOON xp

VenFx

14,784 posts

Posted by VenFx > 2020-12-13 00:34 | Report Abuse

Iconic Worldwide aims to be leading glove maker | https://www.klsescreener.com/v2/news/view/765547

Iconic Medicare having their ground breaking ceremony of Iconic Medicare’s PPE worth of $155mil manufacturing facility by Chief Minister Chow Kon Yeow here today

Aim for 5th largest in Malaysia glove ?
10th am happy though

VenFx

14,784 posts

Posted by VenFx > 2020-12-13 01:24 | Report Abuse

https://www.enanyang.my/%E8%B4%A2%E7%BB%8F%E6%96%B0%E9%97%BB/%E6%96%99%E5%B9%B4%E4%BA%A733%E4%BA%BF%E6%89%8B%E5%A5%972%E4%BA%BF%E5%8F%A3%E7%BD%A9-%E6%A7%9F%E6%A0%87%E8%87%B4%E6%98%8E%E5%B9%B49%E6%9C%88%E6%8A%95%E4%BA%A7

标致全球预期每年潜在毛利可能达到4亿5000万令吉。

标致全球立志在5年内崛起为全球领先手套制造商,扩大生产线至 60条生产线,并放眼生产170亿只手套,相等于全球市占率的5%。

LOOKING FORWARD $1.75

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:53 | Report Abuse

Up 1 sen

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:53 | Report Abuse

Up 1.83%

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:53 | Report Abuse

Okay also la

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:53 | Report Abuse

Boleh juga la

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:54 | Report Abuse

Boleh kasi up lagi sikit kah

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:54 | Report Abuse

Baru la lagi sedap main sikit

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:55 | Report Abuse

Very good

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:55 | Report Abuse

Excellent

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:55 | Report Abuse

Well done

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 01:55 | Report Abuse

Congratulations

DreamMarauder

1,094 posts

Posted by DreamMarauder > 2020-12-13 22:10 | Report Abuse

Iconic Worlwide aims to be world leading gloves maker

https://www.nst.com.my/business/2020/12/648896/iconic-worldwide-aims-be-leading-gloves-maker

Kimly2

587 posts

Posted by Kimly2 > 2020-12-14 15:12 | Report Abuse

Oouch!!


Posted by VenFx > Dec 5, 2020 1:56 PM | Report Abuse

I shall be back on glove stock again...
Slowly accumulate them with 50% of my profit earned from trading stocks.



Posted by VenFx > Dec 4, 2020 6:19 PM | Report Abuse

My tut tut car now has upgraded honda city ...
Because of hwgb.
what can i say ?

Beng

98 posts

Posted by Beng > 2020-12-14 19:10 | Report Abuse

Iconic’s stock price won’t have any big movement until next year I suppose

Jjkcl

883 posts

Posted by Jjkcl > 2020-12-14 19:20 | Report Abuse

Now glove is not hot

weirdone

113 posts

Posted by weirdone > 2020-12-15 14:58 | Report Abuse

as still as water....

JustTry19

137 posts

Posted by JustTry19 > 2020-12-15 15:43 | Report Abuse

this is another fellow coming in to glove business after others start packing ..

Posted by Investor M > 2020-12-16 10:57 | Report Abuse

Visited their mask booth in Mid Valley. The respond was very good that i even bought 2 boxes myself because of the frenzy. Guess it will help in their income for this quarter.

Beng

98 posts

Posted by Beng > 2020-12-16 11:13 | Report Abuse

VenFx, what makes you invested into Iconic? Did you do the fact find and found anything to support you on this counter?

Kimly2

587 posts

Posted by Kimly2 > 2020-12-16 17:05 | Report Abuse

Share up u bought, share down u sold rite?
Like a God never lost.
hahaha... chicky chicky lier


Posted by VenFx > Dec 16, 2020 12:59 PM | Report Abuse

Beng , I hv just quit from iconic at 0.540 .
As there are many pretty counters out there.

May re-visit again when glove s negatively news impact are all out.

O&G maybe a better option for mid term.

VenFx

14,784 posts

Posted by VenFx > 2020-12-16 17:35 | Report Abuse

HI !
Beng ,

There is no intention to hold a counters in medical & glove at this junture.
I treat it as a trading counter while signal or opportunity surfaced ....
While the trend doesnt goes as per my expectation, shall leave it fast.


THUS, if there a medical counter i wud interested ; i will wait it come to my entry level and load it by 3-5 batches.

VenFx

14,784 posts

Posted by VenFx > 2020-12-16 17:39 | Report Abuse

For mid-long term fishing
HIBISCUS & UZMA has appear in my above criteria.

I do love Dayang & Armada .... juz the trending signal yet to show.

VenFx

14,784 posts

Posted by VenFx > 2020-12-16 17:41 | Report Abuse

at time finish typing in here,
BRENT HAS JUST KISSED @$50.89 ahhaha !

Posted by Armada Quantum Leap Stock In 2020 > 2020-12-16 18:12 | Report Abuse

Ermm... VenFx, u lost gain on glove. why bought and keep bit not to sell?
u need to sell when high. dont too greedy
Your portfolio....
https://klse.i3investor.com/servlets/pfs/123026.jsp

VTrade

2,434 posts

Posted by VTrade > 2020-12-17 16:34 | Report Abuse

VenFx , know to run is good. Now dont know want to out or not.

Kimly2

587 posts

Posted by Kimly2 > 2020-12-18 10:51 | Report Abuse

Every time when share up, VenFx will appears to said bought
then when shares drop, he will say sold earlier
The God of talk, haha..
everytime telling ppl buy what up what,
even banker also cant do that.

VTrade

2,434 posts

Posted by VTrade > 2020-12-19 12:54 | Report Abuse

Kimly , ya.. haha...before and after is important. Timing must correct. Knowing small invester must union up and not kill each other.

weirdone

113 posts

Posted by weirdone > 2020-12-23 15:17 | Report Abuse

very funny this counter.... nothing can make it move
not sure it is a good thing or bad

Posted by Valueinvesting88 > 2020-12-26 15:31 | Report Abuse

https://youtu.be/SY-RGMMRTWw

Hi, there is one latest YouTube video released by Superbull could be of your interest.

Please tap on the attach YouTube link to find out their research analysis on both Iconic Worldwide and Mah Sing initiatives in venturing into medicare related businesses.

Posted by Winter8888 > 2020-12-29 10:18 | Report Abuse

This counter every morning up a bit then gone case already. No power

Posted by Valueinvesting88 > 2021-01-03 13:57 | Report Abuse

https://www.thestar.com.my/business/business-news/2021/01/02/glove-makers-in-for-a-good-run-this-year

Hi, all of you are invited to join an online investors briefing going to hold by Iconic Worldwide (Iconic) Bhd management team on coming Thursday (7 January 2021) from 10:00 am to 12:00 noon.

We are going to conduct Iconic online video conference via Zoom app and the joining of this video conference is by RSVP basis.

We do need your full name, position, company name and your mobile phone number for our IT personnel to send Zoom meeting ID link and passcode to your mobile phone individually on the event day.

From Iconic Worldwide Bhd
Video Conference Organiser
OnTarget 001 Team
M : 012 318 1812

oskchoon

3,186 posts

Posted by oskchoon > 2021-01-04 15:18 | Report Abuse

Iconic - 11月穷12月绝今年1月就翻身....二月包赢大紅包....

Beng

98 posts

Posted by Beng > 2021-01-07 11:10 | Report Abuse

由于政治的极度不稳定,大家保住现金为主。根据Bukit Aman 里拟定SOP的朋友所言,如今Kementerian Kesihatan 提交了 MCO 2.0 给 Kementerian Pertahanan,先关注局势的发展,再部署接下来的投资方案。希望大家多照顾卫生,避免疫情再度恶化。

VTrade

2,434 posts

Posted by VTrade > 2021-01-08 11:03 | Report Abuse

2.0 really will come? Planning to add iconic if seem stable.

Posted by dolphin8838 > 2021-01-09 00:10 | Report Abuse

Nice chart. With sharp increase & high volume done at closing today - a technical rebound is taking place. works well if TMCO or EMCO is announced on coming Monday.

weirdone

113 posts

Posted by weirdone > 2021-01-09 09:58 | Report Abuse

when will the glove factory be operational?

Posted by issac99289928 > 2021-01-11 08:48 | Report Abuse

interesting. another gold mine.

nhbeen

187 posts

Posted by nhbeen > 2021-01-11 08:58 | Report Abuse

"He said the new facility will be installing and commissioning glove and disposable face mask production lines which are expected to yield a minimum production capacity of approximately 330 billion pieces of gloves and approximately 220 million pieces of face mask per annum." - 330 billion pieces of gloves? Top Glove with its tens of plants produces 85 billion pieces of gloves per annum. So how to derive this 330 billion with only a single plant. Wondering how. Strange, isn't it?

Posted by maxstore769 > 2021-01-11 16:07 | Report Abuse

0.49 support

Posted by STEADYBOMBIBI85 > 2021-01-12 23:57 | Report Abuse

No so soon have to wait until 4th quarter 2021

ruby20

308 posts

Posted by ruby20 > 2021-01-13 03:19 |

Post removed.Why?

ruby20

308 posts

Posted by ruby20 > 2021-01-13 03:20 |

Post removed.Why?

ruby20

308 posts

Posted by ruby20 > 2021-01-13 03:21 |

Post removed.Why?

ruby20

308 posts

Posted by ruby20 > 2021-01-13 03:22 |

Post removed.Why?

Beng

98 posts

Posted by Beng > 2021-01-13 10:44 | Report Abuse

Come back when the factory is almost completed.

Posted by STEADYBOMBIBI85 > 2021-01-17 23:26 | Report Abuse

Between iconic and Mah Sing, which one will be a better buy? Both will be producing gloves.

Posted by commonsense > 2021-01-18 12:29 | Report Abuse

If you guys want to find a company that is a recovery play post Covid 19, you should consider looking at MMC. https://klse.i3investor.com/servlets/ptg/2194.jsp

Below are the positive of the company:

• Valuation is cheap. Despite being the largest port operator in Malaysia, its valuation is still only less than half of its next biggest competitor, Westport.

• Dividend yield is high at between 5.4% to 6.6%. Given the low interest rate environment, this would appeal to a lot of dividend seeking investors.

• Cargo handled in 4Q20 is already passed precovid level. It is even higher that the pre trade war level which started in FY18. The largest port in the group is Pelabuhan Tanjong Pelepas where the 2M shipping alliance has decided to make it their Asean HQ Port. 2M consist of the 2 largest shipping companies in the world: Maersk and MSC.

• Bonus event. Potential monetisation of Port business via IPO. The group is looking to raised RM4bil via IPO. Assuming the amount is from the sales of up to 40% interest in the port business, this values the port business at RM10bil which is way above the current market cap of only RM2.5bil. This does not include their 38% holding in Malakoff (valued at RM1.8bil), 31% of Gas Malaysia (valued at RM1bil) and their Engineering business which is currently the main contractor for MRT2 (via JV with Gamuda).
https://www.thestar.com.my/business/business-news/2020/10/23/mmc-mulls-reviving-rm41bil-ipo-of-port-assets

With Biden being the new President of US, you can expect him to overturn Trump’s America First Policy. This will make it easier for US to trade with other countries including Europe and China which will increase global trade and benefits ports operators like MMC.

Posted by STEADYBOMBIBI85 > 2021-01-21 08:56 | Report Abuse

Seems like interest in this stock is lacking. Price barely moves.

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