Posted by jayalbert > 2017-01-20 11:28 | Report Abuse

i m tired of this la.. at least @jay sounds better that your last comment.. we're not talking about an XYZ or unknown company here that will b taking over ICON; anyway, i m sure we've heard of calculated risk. leaving for early lunch to reward my stomach for ICON gain..

Posted by sheep > 2017-01-20 11:36 | Report Abuse

aiyah share price down is due to negative sentiments played by you people. wait till either company get contracts after contracts..then everyone makes a u turn on sentiment..
I will wait till price settled down after t + 3/4. then c c loh. patient.... no holding power, no buy then.

Posted by stockmanmy > 2017-01-20 11:37 | Report Abuse

after the exercise, UMWOG is the OG capital of Malaysia, will sapu all Petronas contracts.

dont play play with PNB.

PNB is good. The best Malaysia has.

Posted by Sarawakians > 2017-01-20 11:53 | Report Abuse

I think UMWOG become scapegoat to rescue O&G companies hence big drop.

Posted by Sarawakians > 2017-01-20 11:55 | Report Abuse

After rescuing Icon could they eye Alam next?

Posted by stockmanmy > 2017-01-20 11:57 | Report Abuse

UMWOG will be the center of all OG contracts in Malaysia.....Petronas will give them all the contracts.

Posted by winmal > 2017-01-20 12:03 | Report Abuse

More contracts won after merged

Posted by OrlandoOil > 2017-01-20 12:07 | Report Abuse

Stockmanmy final major shareholders of UMWOG r who?

Posted by winmal > 2017-01-20 12:15 | Report Abuse

PNB will be shareholding 39.7%, Ekuinas 23.1%, EPF 12%, LTH 2.4% , other 22.7%

Posted by winmal > 2017-01-20 12:16 | Report Abuse

this mean that PNB & Ekuinas jointly hold 62.8%

Posted by wallace78 > 2017-01-20 12:19 | Report Abuse

i still hold @ 1.30, or else i will sapu this time around

Posted by OrlandoOil > 2017-01-20 12:22 | Report Abuse

Shareholders ok why drop so much then no synergy jz more crabs?

Posted by ruslimz > 2017-01-20 12:43 | Report Abuse

TA put fair value after merging at 55 sen........

Posted by kukubird88 > 2017-01-20 12:46 | Report Abuse

Who care who the major shareholder ? Why not u said jibby better ? Wat we want is price shoot like sky is limit...haha

Posted by stockmanmy > 2017-01-20 12:46 | Report Abuse

I find analysts are too young , no experience


ruslimz > Jan 20, 2017 12:43 PM | Report Abuse

TA put fair value after merging at 55 sen........

Posted by SejukSaam > 2017-01-20 12:46 | Report Abuse

pity wallace78, kekeke

Posted by bjgdila123 > 2017-01-20 12:50 | Report Abuse

why takut PNB is here . Buy buy buy

Posted by cooling > 2017-01-20 12:59 | Report Abuse

buy?... haha are you crazy...umwog is gonna issue rights to pay icon shareholders...will drop further TP 0.65
http://klse.i3investor.com/servlets/ptres/39099.jsp

Posted by steveooikp > 2017-01-20 13:09 | Report Abuse

ya, lower tp.

due to dilution of share.

Posted by stockmanmy > 2017-01-20 13:09 | Report Abuse

things will happen before the rights issue.
This is PNB.


y cooling > Jan 20, 2017 12:59 PM | Report Abuse

buy?... haha are you crazy...umwog is gonna issue rights to pay icon shareholders...will drop further TP 0.65
http://klse.i3investor.com/servlets/ptres/39099.jsp

Posted by YS Babe > 2017-01-20 13:13 | Report Abuse

0.65 is latest tp from HLIB, you can read theedge online, UMWOG or ICON, I buy ICON

Posted by necro > 2017-01-20 13:13 | Report Abuse

This exercise is not earning accelerative for UMWOG but earning dilution...the win party in this transaction is PNB...how come u dunno PNB 2025 target to grow its fund...this & SILK transaction is only a begining...

More to come

Posted by stockmanmy > 2017-01-20 13:15 | Report Abuse

necro


Its business sense.

PNB is the best

Things will happen.

Posted by stockmanmy > 2017-01-20 13:18 | Report Abuse

ICON got nothing. Just an arbitrage opportunity , make 10% in 8 months.

UMWOG on the other hand can make you a Warren Buffett.

Posted by G-boy > 2017-01-20 13:38 | Report Abuse

relax. support at 0.73. today will close above it

Posted by HeartBreakKid > 2017-01-20 13:48 | Report Abuse

No stocks can create warren buffet. That time has long gone. If warren buffet would start now, he would not be successful. People have changed, people are now more advanced than before which leaves you very little space to make money however if you are LUCKY then i guess it is possible to earn a bit but not to warren buffet extent.

Posted by stockmanmy > 2017-01-20 14:47 | Report Abuse

UMWOG on the other hand can make you a Warren Buffett....at least in Warren style even if not in Warren substance.

================
No stocks can create warren buffet. That time has long gone. If warren buffet would start now, he would not be successful. People have changed, people are now more advanced than before which leaves you very little space to make money however if you are LUCKY then i guess it is possible to earn a bit but not to warren buffet extent.

Posted by stockmanmy > 2017-01-20 14:50 | Report Abuse

in restructuring deals.....look for strength of shareholders, ....none comes stronger than PNB.

look for long suffering companies in cyclical industries.....UMWOG just perfect.

like WB buys into GM in 2008.

Posted by cooling > 2017-01-20 15:03 | Report Abuse

umwog shareholders already losing like hell ...somemore issue rights to pay icon shareholders 0.50??....what a joke...sure funds sell and lari kuat kuat la..

Posted by stockmanmy > 2017-01-20 15:06 | Report Abuse

What's the problem, Jeff?

This deal, everyone will vote YES.

Posted by stockmanmy > 2017-01-20 15:10 | Report Abuse

When Warren Bufett do his GM deal , GM price also drop a few more days....no big deal

The rights issue is key. Clean start for an OG giant in the making

Posted by cooling > Jan 20, 2017 03:03 PM | Report Abuse

umwog shareholders already losing like hell ...somemore issue rights to pay icon shareholders 0.50??....what a joke...sure funds sell and lari kuat kuat la..

Posted by warrenbuffett292 > 2017-01-20 15:13 | Report Abuse

Condolence for you Stockmanmy...I know you bought above 90 cts....better cut loss before right issue

Posted by stockmanmy > 2017-01-20 15:18 | Report Abuse

I started buying from 73...still buying.



warrenbuffett292 > Jan 20, 2017 03:13 PM | Report Abuse

Condolence for you Stockmanmy...I know you bought above 90 cts....better cut loss before right issue

Posted by stockmanmy > 2017-01-20 15:19 | Report Abuse

jeff

what minorities will not vote Yes?


Its PNB.....can make Yes people multiple baggers.

Posted by arcadicus > 2017-01-20 15:20 | Report Abuse

wow... from low 70.5c.... now 75.5c

Posted by stockmanmy > 2017-01-20 15:20 | Report Abuse

for minorities...it is No and die...or Yes and together make multiple baggers.

Posted by stockmanmy > 2017-01-20 15:20 | Report Abuse

jeff...you must be still young.

Posted by stockmanmy > 2017-01-20 15:29 | Report Abuse

the most important thing is that the partner is strong.......and you cannot get any stronger than PNB.

They are good. Best Malaysia has.

I think they will announce multi billion contracts from Petronas just before rights issue.

Posted by joni > 2017-01-20 16:04 | Report Abuse

this counter not good anymore, better sell.

Posted by stockmanmy > 2017-01-20 16:07 | Report Abuse

joni

if you spend rest of your life reacting to quotes but no strong foundation, you will not get anywhere even till you die.

Posted by wallace78 > 2017-01-20 16:19 | Report Abuse

couldn't agree more, haha

Posted by stockmanmy > 2017-01-20 16:22 | Report Abuse

I am disappointed with the analyst community in Malaysia....too young no business sense.

Posted by steveooikp > 2017-01-20 16:31 | Report Abuse

the deal is not attractive.

Seem like is making umwog from bad to worst.

unless PETRONAS is going to award all works to icon in the next 10 years.

Posted by HeartBreakKid > 2017-01-20 16:36 | Report Abuse

stockmanmy is very analytical until he can see the deals that Petronas is going to give UMWOG. Good, very experienced.

Posted by joni > 2017-01-20 16:38 | Report Abuse

Agreed to Steve.

Posted by ttgipoh > 2017-01-20 16:39 | Report Abuse

welcome corporate activities.
generating interests and volume

Posted by kai8994 > 2017-01-20 16:48 | Report Abuse

It's obvious the M&A is bail out in disguise. And most of us (the EPF contributors) are already on the boat even without buying the shares. Better invest elsewhere if you have spare money.

Posted by pengembaraalam > 2017-01-20 17:07 | Report Abuse

hopefully will go below than 50 cent, then i will collect. too much uncertainty and risk

Posted by CharlesT > 2017-01-20 17:08 | Report Abuse

Avoid this counter. If u want cheap sales can wait for its rights issues (Rm0.50)..

Posted by lachai2004 > 2017-01-20 18:14 | Report Abuse

Never blindly believe the analysis by anybody but believe your own analysis and intuition.