ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.30

Today's Change

+0.02 (1.56%)

Day's Change

1.22 - 1.31

Trading Volume

3,549,100


11 people like this.

12,151 comment(s). Last comment by Abram66 58 minutes ago

Karlos

1,275 posts

Posted by Karlos > 2 months ago | Report Abuse

What goes up will finally come down lah !

5354_

4,754 posts

Posted by 5354_ > 2 months ago | Report Abuse

Where got down? Still up today. Yinson boss so much gain still dumb-dumb hold.

Posted by supermanhitam > 2 months ago | Report Abuse

why i can not buy in 1.00 today !!!!!!

Posted by supermanhitam > 2 months ago | Report Abuse

hope tomorrow will down from 1.00

Karlos

1,275 posts

Posted by Karlos > 2 months ago | Report Abuse

We are talking about ICON not YINSON.

5354_

4,754 posts

Posted by 5354_ > 2 months ago | 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 > 2 months ago | 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 > 2 months ago | Report Abuse

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

Change_

252 posts

Posted by Change_ > 2 months ago | Report Abuse

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

Change_

252 posts

Posted by Change_ > 2 months ago | Report Abuse

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

Change_

252 posts

Posted by Change_ > 2 months ago | 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 > 2 months ago | Report Abuse

Add more 93.5-95 sen.

Alipapapa

434 posts

Posted by Alipapapa > 2 months ago | Report Abuse

Likely will drop back to 65sen.

LY Hoh

57 posts

Posted by LY Hoh > 2 months ago | Report Abuse

Apa jadi? Tiba-tiba jatuh teruk?

Karlos

1,275 posts

Posted by Karlos > 2 months ago | Report Abuse

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

DickyMe

14,698 posts

Posted by DickyMe > 2 months ago | Report Abuse

Belon penuh dengan angin kentut!

Posted by supermanhitam > 2 months ago | Report Abuse

so lucky can buy in 0.90 today , tq

5354_

4,754 posts

Posted by 5354_ > 2 months ago | Report Abuse

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

5354_

4,754 posts

Posted by 5354_ > 2 months ago | Report Abuse

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

bullrun168

444 posts

Posted by bullrun168 > 2 months ago | Report Abuse

Walaoeh, oil price spike up crazily !
Brent closed at=> $86.60 +1.60 +1.88 %
Like that today ICON going to limit up already liao lah !
Heng ah, Ong ah, Huat ah !

118_

39 posts

Posted by 118_ > 2 months ago | Report Abuse

Oil moving to USD 90.

Posted by karateburnished > 2 months ago | Report Abuse

I want to find a lovely icon

Posted by karateburnished > 2 months ago | Report Abuse

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

Undi_PKR

945 posts

Posted by Undi_PKR > 2 months ago | Report Abuse

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

Undi_PKR

945 posts

Posted by Undi_PKR > 2 months ago | Report Abuse

RM 1.5 Icon govn through Ekuinas gains as well.

sheep

3,849 posts

Posted by sheep > 1 month ago | Report Abuse

Going up..

Undi_PKR

945 posts

Posted by Undi_PKR > 1 month ago | Report Abuse

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

Change_

252 posts

Posted by Change_ > 3 weeks 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

151 posts

Posted by Abram66 > 1 week ago | Report Abuse

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

LY Hoh

57 posts

Posted by LY Hoh > 5 days ago | Report Abuse

What happen today the share suddenly go up so much?

Posted by supermanhitam > 5 days ago | Report Abuse

wowowo , Run

Posted by maggigoreng > 5 days ago | Report Abuse

too late to buy in?

Bullrun18

422 posts

Posted by Bullrun18 > 5 days 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

422 posts

Posted by Bullrun18 > 5 days 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 > 5 days ago | Report Abuse

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

Posted by BursaVulture > 5 days ago | Report Abuse

@Abram66

EPF cannot touch anything below RM1B.

@maggigoreng

How do you know it is below market value?

Posted by maggigoreng > 4 days 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

26,575 posts

Posted by speakup > 4 days 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

26,575 posts

Posted by speakup > 4 days 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

26,575 posts

Posted by speakup > 4 days ago | Report Abuse

Icon CEO tidur slumber

Posted by maggigoreng > 4 days ago | Report Abuse

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

raymondroy

861 posts

Posted by raymondroy > 4 days 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 > 4 days 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 > 3 days 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_

4,754 posts

Posted by 5354_ > 2 days ago | Report Abuse

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

Posted by supermanhitam > 2 days ago | Report Abuse

so lucky can sell in good price , tq all

LY Hoh

57 posts

Posted by LY Hoh > 2 days ago | Report Abuse

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

Posted by supermanhitam > 1 day ago | Report Abuse

best on 1.35 , Run . tq

mf

28,532 posts

Posted by mf > 1 day ago | Report Abuse

Quarter Result

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

Abram66

151 posts

Posted by Abram66 > 58 minutes ago | Report Abuse

Yinson and Icon has become brother & sister 😁

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