ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.05

Today's Change

-0.02 (1.87%)

Day's Change

1.05 - 1.06

Trading Volume

9,400


11 people like this.

12,155 comment(s). Last comment by bullrun168 1 month ago

Karlos

1,284 posts

Posted by Karlos > 2024-06-19 21:21 | Report Abuse

We are talking about ICON not YINSON.

5354_

4,793 posts

Posted by 5354_ > 2024-06-19 22:38 | Report Abuse

Still up today despite >800 counters down. Sure not because of Yinson boss effect? Yinson QR out today. Will Icon QR like Yinson in future?

Posted by supermanhitam > 2024-06-20 17:04 | Report Abuse

very sad today still can not buy in 1.00 , hope tomorrow can down bellow 1.00 . i 100% buy . TQ

newbie2018

173 posts

Posted by newbie2018 > 2024-06-23 13:44 | Report Abuse

Sifus does any1 know who behind buying Icon from 60 sen level until recently >RM 1? Bursa news seem no announcement.

Change_

265 posts

Posted by Change_ > 2024-06-27 10:06 | Report Abuse

Lim Han Weng why not appoint your son as new MD?

Change_

265 posts

Posted by Change_ > 2024-06-27 10:07 | Report Abuse

Hadian Hashim also must be kicked out not only other directors.

Change_

265 posts

Posted by Change_ > 2024-06-27 10:13 | Report Abuse

Hadian when no more offer Yinson share as takeover? 0.5-1 Yinson for 1 Icon maybe better respond than 63.5 sen?

Posted by IconForever > 2024-06-27 15:39 | Report Abuse

Add more 93.5-95 sen.

Alipapapa

441 posts

Posted by Alipapapa > 2024-06-27 16:38 | Report Abuse

Likely will drop back to 65sen.

LY Hoh

76 posts

Posted by LY Hoh > 2024-06-27 16:40 | Report Abuse

Apa jadi? Tiba-tiba jatuh teruk?

Karlos

1,284 posts

Posted by Karlos > 2024-06-27 17:26 | Report Abuse

Akan jatuh ke paras harga patut ie sekitar 63.5 sen lah !

DickyMe

14,864 posts

Posted by DickyMe > 2024-06-27 17:31 | Report Abuse

Belon penuh dengan angin kentut!

Posted by supermanhitam > 2024-06-27 17:39 | Report Abuse

so lucky can buy in 0.90 today , tq

5354_

4,793 posts

Posted by 5354_ > 2024-06-28 11:44 | Report Abuse

Rebound today. New high possible in 2nd half 2024?

5354_

4,793 posts

Posted by 5354_ > 2024-06-28 11:53 | Report Abuse

Yinson every1 like. RM 2.3 very strong even bear market lately. Icon can follow with same boss?

118_

39 posts

Posted by 118_ > 2024-07-02 09:54 | Report Abuse

Oil moving to USD 90.

Posted by karateburnished > 2024-07-02 09:58 | Report Abuse

I want to find a lovely icon

Posted by karateburnished > 2024-07-02 09:58 | Report Abuse

I want to find a lovely icon
https://google.com

Undi_PKR

945 posts

Posted by Undi_PKR > 2024-07-05 09:47 | Report Abuse

RM 1 Icon only possible under UG govn as well as Rafizi Menteri Ekonomi.

Undi_PKR

945 posts

Posted by Undi_PKR > 2024-07-05 10:57 | Report Abuse

RM 1.5 Icon govn through Ekuinas gains as well.

sheep

3,849 posts

Posted by sheep > 2024-07-11 14:52 | Report Abuse

Going up..

Undi_PKR

945 posts

Posted by Undi_PKR > 2024-07-11 14:59 | Report Abuse

RM 1.5-2 Icon PM-X PM 5 years no problem.

Change_

265 posts

Posted by Change_ > 2 months ago | Report Abuse

Oil Soars Above $80 as Traders Price in Potential Iran Reprisal
https://finance.yahoo.com/news/oil-steady-weekly-gain-traders-233000844.html

Abram66

162 posts

Posted by Abram66 > 2 months ago | Report Abuse

EPF got bought Yinson, but ICON, EPF didn't buy

LY Hoh

76 posts

Posted by LY Hoh > 2 months ago | Report Abuse

What happen today the share suddenly go up so much?

Posted by supermanhitam > 2 months ago | Report Abuse

wowowo , Run

Posted by maggigoreng > 2 months ago | Report Abuse

too late to buy in?

Bullrun18

403 posts

Posted by Bullrun18 > 2 months ago | Report Abuse

Yinson is Disposals offshore business to Icon for 160 millions

The Proposed Disposals are for a total sale consideration of RM160 million which shall be satisfied by the issuance of 181,818,181 new ordinary shares in Icon at an issue price of RM0.88 per share (“Issue Price”) (“Consideration Shares”) (“Sale Consideration”) and in accordance with the terms of definitive agreement(s) to be entered into by the parties pursuant to the Proposed Disposals (“Definitive Agreement”).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3480181

Bullrun18

403 posts

Posted by Bullrun18 > 2 months ago | Report Abuse

Yinson divests offshore marine business to Icon Offshore

Friday, 30 Aug 2024
7:35 PM MYT

https://www.thestar.com.my/business/business-news/2024/08/30/yinson-divests-offshore-marine-business-to-icon-offshore

Posted by maggigoreng > 2 months ago | Report Abuse

why are they selling their profitable subsidiary below market value suddenly?

Posted by BursaVulture > 2 months ago | Report Abuse

@Abram66

EPF cannot touch anything below RM1B.

@maggigoreng

How do you know it is below market value?

Posted by maggigoreng > 2 months ago | Report Abuse

those subsidiaries are bringing in huge profits, and 1 vessel from 2010 averages around 50m++. it's 160m for 4, and 1 is newly refurbished. almost too good to be true

speakup

27,004 posts

Posted by speakup > 2 months ago | Report Abuse

Bodoh move to buy from Yinson. It is cheaper to take over Alam and own all Alam ships. 160mil is 3x Alam market cap!

speakup

27,004 posts

Posted by speakup > 2 months ago | Report Abuse

U buy from Yinson u get 4 ship for 160mil. But if u buy from Alam, u get 15 ships for only 50mil!

speakup

27,004 posts

Posted by speakup > 2 months ago | Report Abuse

Icon CEO tidur slumber

Posted by maggigoreng > 2 months ago | Report Abuse

@speakup and be burdened by their huge debt? or are you paying it off first?

raymondroy

865 posts

Posted by raymondroy > 2 months ago | Report Abuse

amazing deal..... yinson major shareholder Lim, buys into Icon at 63c for 50% from ekuinas, and then injects yinson OSV business into Icon for a profit for share consideration, at 88c per share.... while the current share price is 115c, win win win.... for both Lim and Yinson becomes minority shareholder, while Lim being major shareholder..... what an excellent arrangement !!!

Posted by maggigoreng > 2 months ago | Report Abuse

diluting shareholding definitely, but not taking on any new debts and acquiring profitable subsidiaries. like i said, too good to be true right

Posted by BursaVulture > 2 months ago | Report Abuse

@speakup

Well, just because u want to buy, doesnt mean people want to sell. many wanted to buy up 99 before they became so huge, 99 boss dont want to sell.

5354_

4,793 posts

Posted by 5354_ > 2 months ago | Report Abuse

Previously Icon forum very quiet. After QR out and with corporate proposal so many commenting why ah?

Posted by supermanhitam > 2 months ago | Report Abuse

so lucky can sell in good price , tq all

LY Hoh

76 posts

Posted by LY Hoh > 2 months ago | Report Abuse

Yes. I also sold took some profit first, Later buy in again.

Posted by supermanhitam > 2 months ago | Report Abuse

best on 1.35 , Run . tq

mf

29,076 posts

Posted by mf > 2 months ago | Report Abuse

Quarter Result

Quarter Result on 30-Jun-2024[#2] QoQ - 128.77% YoY - 53.03%.

Abram66

162 posts

Posted by Abram66 > 2 months ago | Report Abuse

Yinson and Icon has become brother & sister 😁

Posted by core9design > 2 months ago | Report Abuse

Severely undervalued. Easily RM2 in 6 months

mf

29,076 posts

Posted by mf > 1 month ago | Report Abuse

target 1.24

bullrun168

489 posts

Posted by bullrun168 > 1 month ago | Report Abuse

Oil jumps over $3 a barrel as Middle East conflict stokes supply worry
By Georgina Mccartney
Reuter

HOUSTON, Oct 3 (Reuters) - Oil prices surged on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows.
Brent crude futures settled up $3.72, or 5.03%, at $77.62 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled up $3.61, or 5.15%, to $73.71.
Brent futures reached an intraday high of $77.89 per barrel, while WTI futures peaked at $73.97 per barrel, both hitting one-month highs.

mf

29,076 posts

Posted by mf > 1 month ago | Report Abuse

U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran
Published Mon, Oct 7 20247:20 AM EDTUpdated 2 Hours Ago

bullrun168

489 posts

Posted by bullrun168 > 1 month ago | Report Abuse

Walaoeh, oil price spike up like mad !
Brent closed at=> $80.93 +2.88 +3.69 %
Heng ah, Ong ah, Huat ah !

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