ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

0.76

Today's Change

+0.05 (7.04%)

Day's Change

0.705 - 0.77

Trading Volume

5,748,100


10 people like this.

12,009 comment(s). Last comment by Jonathan Keung 15 hours ago

Ravetidus

56 posts

Posted by Ravetidus > 1 month ago | Report Abuse

@5354_

Cause the takeover is good news...synergy with Yinson

Posted by hohlaiyet88 > 1 month ago | Report Abuse

@Ravetidus
If takeover is good news and Icon will keep listing status, what is the next TP? Thanks

Ravetidus

56 posts

Posted by Ravetidus > 1 month ago | Report Abuse

@hohlaiyet88

I have no crystalball and cannot guarantee this but seems like TP could be RM1 within next 3 years as Icon is also due to renew their contracts at a higher rate and also synergy from the change in major shareholder

As for short term, the strategy is always to sell on news.. hahahahaha

Goodluck

Posted by Jonathan Keung > 1 month ago | Report Abuse

Buy on rumors sell on news. You won't go wrong

Posted by hohlaiyet88 > 1 month ago | Report Abuse

@Ravetidus
Thank you as i hold this counter so many years, may consider continue hold if continue got dividend and bonus issue. 😃

pang72

47,563 posts

Posted by pang72 > 1 month ago | Report Abuse

Ekuinas GLC is much professional nowadays under Madani government cashing out lose making company.

Posted by Jonathan Keung > 1 month ago | Report Abuse

Short term players will cash out.last week price trading between 66- 68. Today 76 -78 good profit 10 sen.

5354_

4,599 posts

Posted by 5354_ > 1 month ago | Report Abuse

Long term like Yinson? Any dip below 70 sen is good buy.

5354_

4,599 posts

Posted by 5354_ > 1 month ago | Report Abuse

I q 70 sen why no seller? Some1 comment takeover price so low will drop why still no drop?

5354_

4,599 posts

Posted by 5354_ > 1 month ago | Report Abuse

Moreover today market consider bad.

Posted by Jonathan Keung > 1 month ago | Report Abuse

Yes. Today sentiment negative plus tomorrow is a public holiday.Bursa closed for trading

Posted by maggigoreng > 1 month ago | Report Abuse

5354_, i q 70 sen for nvidia too. why no seller. dumbass

5354_

4,599 posts

5354_

4,599 posts

Posted by 5354_ > 1 month ago | Report Abuse

Ekuinas still have 5.8% Icon after Yinson boss takeover. Changes Yinson boss will make to kick out present high salary BOD? How much can save a year?

Noni

668 posts

Posted by Noni > 1 month ago | Report Abuse

Those who chased, kena game

Bull13

1,031 posts

Posted by Bull13 > 4 weeks ago | Report Abuse

Don't worry..be happy. ICON will be in good hands of big brother YINSON. Lots of projects coming...Warrants cheaper exposure.

Posted by Jonathan Keung > 4 weeks ago | Report Abuse

Yes. chasing high not a good move. From the days high 86 sen drop back to 73-74 sen. Really drastic & sharp

5354_

4,599 posts

Posted by 5354_ > 4 weeks ago | Report Abuse

Icon min 72 sen under Yinson boss?

5354_

4,599 posts

Posted by 5354_ > 4 weeks ago | Report Abuse

If follow W price(with exercise price 82.5 sen) Icon TP RM 1?

5354_

4,599 posts

Posted by 5354_ > 4 weeks ago | Report Abuse

Can EPF follow Yinson boss buy Icon?

Plantermen

2,098 posts

Posted by Plantermen > 4 weeks ago | Report Abuse

The key take away. Yinsoon is maintaining the listing status of Icon.

limch

2,913 posts

Posted by limch > 4 weeks ago | Report Abuse

Icon can fetch Yinson share price next 5-10 years? Buy while still cheap.

Bull13

1,031 posts

Posted by Bull13 > 4 weeks ago | Report Abuse

Under Yinson, ICON will show its true capability. A blue chip in the making. Yes. TP rm1 is not a problem. The warrants is very cheap now going forward!

limch

2,913 posts

Posted by limch > 4 weeks ago | Report Abuse

2024-03-29

Insider

Notice of new substantial holder - MR LIM HAN WENG on 26-Mar-2024.

2024-03-29

Insider

Notice of new substantial holder - LIANNEX CORPORATION (S) PTE LTD on 26-Mar-2024.

2024-03-29

Insider

Notice of new substantial holder - LIANNEX MARITIME SDN. BHD. on 26-Mar-2024.

paktua73

18,259 posts

Posted by paktua73 > 3 weeks ago | Report Abuse

morning too all icon believers..
paktua was hold before split..

paktua now play new born counter..
let joined paktua on good hot new born stock..

paktua back pick new hot counter for march till june..

so paktua n team we will focus on
1-Mtec paktua target minimum rm1.25 (main target rm1.43)
2-KJTS paktua target rm0.93
3-Hegroup Paktua target rm0.70
4-Zantat paktua target rm0.70

set from 21hb march 24.till 7hb june 24..

come joined paktua Swing team..
let we fight together



tut tut
come joined paktua swing team..
sent request at tele @swingdarkred73

limch

2,913 posts

Posted by limch > 3 weeks ago | Report Abuse

paktua73 Icon also new born under Yinson boss.

limch

2,913 posts

Posted by limch > 3 weeks ago | Report Abuse

Next is must change Icon name? Many shunned Icon share perceived con people?

paktua73

18,259 posts

Posted by paktua73 > 3 weeks ago | Report Abuse

yup..paktua still hold icon


tut tut
also swing at new born stock 24

limch

2,913 posts

Posted by limch > 3 weeks ago | Report Abuse

86 sen(recent high) may be rechallenged?

Posted by Jonathan Keung > 3 weeks ago | Report Abuse

Technically Icon MACD chart showing positive momentum. Strong closing in the day will indicate Icon more upside { breaching a new high }

Plantermen

2,098 posts

Posted by Plantermen > 3 weeks ago | Report Abuse

The reversal of impairment and unrealised gains in the quarterly figs has resulted a nett loss of 14 million { is an accounting and tax entry} which has no effect on their operating cash flows. The impending rates renewal which is forthcoming will see across the board upticks in ICON charter rates. Operating cash flows are the life blood of any company. In the O & G sector ICON is one of the few counters in the sector that have paid out dividends. A good opportunity to buy and hold based on their results. Not best of the best but have great growth potential. With Yinsoon as the captain aiding ICON can expect more positive momentum. Not a buy call but just my own view and personal take on their recent news announcement. Please do your own research before you buy or invest

Change_

231 posts

Posted by Change_ > 2 weeks ago | Report Abuse

Con still remain even changing of boss? So next change is PM or govn?

Posted by Jonathan Keung > 2 weeks ago | Report Abuse

Mr Change ? what are you trying to tell us

Change_

231 posts

Posted by Change_ > 2 weeks ago | Report Abuse

I mean Icon share rise cannot sustain or drop back. So we need to change PM or government for those bought during IPO RM 1.8?

Jonathan Keung

Mr Change ? what are you trying to tell us

6 hours ago

Posted by Jonathan Keung > 2 weeks ago | Report Abuse

Wow !That was 10 years ago. Icon was promoted by 8 cornerstone investor. Maybank , PNB , Tab Haji, CMY { RHB co founder } ,UOB, AIA and Nomura for the listing exercise

Plantermen

2,098 posts

Posted by Plantermen > 2 weeks ago | Report Abuse

2014 we have seen 6 PM. First Badawi, Najib, Mahathir, Muhyiddin, Ismail and current PMX anwar

5354_

4,599 posts

Posted by 5354_ > 2 weeks ago | Report Abuse

Lim Han Weng(Yinson boss) when can you join Icon management team? You only bought Icon shares how about bring Icon changes when are you planning to do?

Posted by Jonathan Keung > 1 week ago | Report Abuse

Good for Icon minorities if Big Boss { Yin soon } joins the board. perception of icon may be lifted by the diversity

Posted by WarrenBuffet8888 > 4 days ago | Report Abuse

Hold tight, KEYFIELD fly 100 % in the first day listing , AWB business has great potential , it will fly limit up too , market cap smaller than keyfield

LY Hoh

7 posts

Posted by LY Hoh > 4 days ago | Report Abuse

I just received call from MBB bank said Icon regarded unconditional mandatory take over at cash offer price RM0.635. I rejected, why they offer this low price? Later they will push down the price to meet the unconditional mandatory take over?

Plantermen

2,098 posts

Posted by Plantermen > 4 days ago | Report Abuse

Look at KEY field the newly listed oil & gas provider. The valuations is substantially much higher vs it's peer or icon valuations. Today traded 1.75 - 1.77 against its IPO price 90 sen

goodgain

169 posts

Posted by goodgain > 3 days ago | Report Abuse

LY Hoh,

Depend on their intention. Normally those offering MGO at lower than market price, the intention is to get rejection from shareholders so they can retain the listing status. The MGO is compulsory by law, for those company taking over more than certain threshold of a listing entity. If the new owner intent to retain the listing status, they will normally offer lower than market price so the MGO will fail.

J3ffery

1 posts

Posted by J3ffery > 3 days ago | Report Abuse

Hi,
I,m new in trading. Quick check, is it safe to continue hold ICON Share?

Posted by WarrenBuffet8888 > 2 days ago | Report Abuse

Yes, it will fly above 2.00 , check who is the new owner and the market cap of the owner

5354_

4,599 posts

Posted by 5354_ > 1 day ago | Report Abuse

>RM 2 like Yinson?

5354_

4,599 posts

Posted by 5354_ > 1 day ago | Report Abuse

5 sen dividend if maintain still good to hold.

LY Hoh

7 posts

Posted by LY Hoh > 21 hours ago | Report Abuse

@Goodgain
Thanks for the information and hope Icon price can move on better.

limch

2,913 posts

Posted by limch > 17 hours ago | Report Abuse

Interpacific Securities S/B said Lim Han Weng offer to buy Icon 63.5 sen and W at RM 0.001 is not fair and not reasonable so we must reject.
https://www.klsescreener.com/v2/announcements/view/6878657

limch

2,913 posts

Posted by limch > 15 hours ago | Report Abuse

RM 1 Icon only can accept?

Posted by Jonathan Keung > 15 hours ago | Report Abuse

Yinsoon boss knows it. Just offer a price to the minorities based on what's needed by the SC and Bursa. Slowly pushing it unnoticed and later inject it with liannex marine logistic assets.

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