ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.28

Today's Change

+0.11 (9.40%)

Day's Change

1.12 - 1.29

Trading Volume

8,347,300


11 people like this.

12,148 comment(s). Last comment by LY Hoh 15 hours ago

Posted by Hidup_Pak_Lah > 2019-07-19 10:44 | Report Abuse

15-20 sen Icon no hope under Tun M as PM? Why not Pak Lah next PM?

BringMeFly

209 posts

Posted by BringMeFly > 2019-07-25 15:23 | Report Abuse

i can see 10sen soon

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2019-07-26 15:28 | Report Abuse

Najib a conman?

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2019-07-26 15:30 | Report Abuse

9 sen why IPO RM 1.85 allow?

KLSE news

33 posts

Posted by KLSE news > 2019-07-26 15:33 | Report Abuse

Wakaka, najig pencuri mahu commision

KP Tan

1 posts

Posted by KP Tan > 2019-07-29 23:19 | Report Abuse

The biggest con job in Malaysia IPO history. All promotors especially Ekuinas, Maybank IB should be ashamed of their roles.

PH_1_term

190 posts

Posted by PH_1_term > 2019-08-05 09:37 | Report Abuse

Why PH never take action against con bankers? Vote them out in GE15 to teach them a lesson.

687423

627 posts

Posted by 687423 > 2019-08-06 10:42 | Report Abuse

Why you so stupid to buy IPO? Haha.....

687423

627 posts

Posted by 687423 > 2019-08-08 11:16 | Report Abuse

Why u promoted Icon so hard a few years ago?

687423

627 posts

Posted by 687423 > 2019-08-08 11:18 | Report Abuse

U r Ebola........

Dinasd123

201 posts

Posted by Dinasd123 > 2019-08-10 12:36 | Report Abuse

ICon eps -21, buy Nestle EPs rm180

Labuan

24 posts

Posted by Labuan > 2019-08-19 11:45 | Report Abuse

Vote back BN in GE15? Why PH only good at conning people?

snwong13

717 posts

Posted by snwong13 > 2019-08-19 21:01 | Report Abuse

.
Proposals Coming!
Good Luck!

Posted by stockjobber > 2019-08-19 21:06 | Report Abuse

50 shares to be consolidated into 1 ! based on today's closing price of 0.085, the cost will be 4.2 after conso !

Posted by IconForever > 2019-08-19 23:02 | Report Abuse

Its single largest shareholder Ekuinas Nasional Bhd, which holds its 42.3% stake through Hallmark Odyssey Sdn Bhd, is committed to subscribe up to RM183 million of the proposed rights issue that is sweetened by free warrants, Icon Offshore said in a statement. The commitment of RM183 million is equivalent to 73.2% of RM250 million intended to be raised.

signalmw

3,314 posts

Posted by signalmw > 2019-08-20 09:27 | Report Abuse

What happen

speakup

26,541 posts

Posted by speakup > 2019-08-20 09:33 | Report Abuse

the only reason why icon is not 1sen now is because of big bro equinas. strong support from deep pocket equinas

Posted by IconForever > 2019-08-20 10:02 | Report Abuse

If next mth interest rate cut can save further $.

Posted by IconForever > 2019-08-20 10:03 | Report Abuse

Don't sell cheaply. Ekuinas willing to own 73% show future is bright.

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2019-08-20 10:50 | Report Abuse

Tun M PM good? More and more companies like Utusan, Icon sufferings.

Posted by charles pang kah keet > 2019-08-20 12:17 | Report Abuse

run run run run today, issue 50:1

moneykj

6,131 posts

Posted by moneykj > 2019-08-20 14:29 | Report Abuse

What happen?

Better convert to Kanger

Mabel

23,732 posts

Posted by Mabel > 2019-08-20 15:31 | Report Abuse

Restructuring plan revealed

We are positive on this proposal, backed by Ekuinas (its major shareholder) to: (i) address its stretched balance sheet (de-gear); (ii) improve cashflows; and (iii) enhance its earnings turnaround by FY20. This exercise will be timely to capitalise on the revival in the OSV market and its fleet rejuvenation program. Pending completion of this exercise, our earnings and MYR0.085 TP are unchanged, based on a 10x 2020 PER; peers average.

Mabel

23,732 posts

Posted by Mabel > 2019-08-20 15:36 | Report Abuse

Hold!

Posted by T800Terminator > 2019-08-20 15:39 | Report Abuse

0.085 after 50:1? Hold? Why?

5354_

4,754 posts

Posted by 5354_ > 2019-08-20 15:48 | Report Abuse

Reduce debts back to profit?

yongmin

29 posts

Posted by yongmin > 2019-08-20 16:04 | Report Abuse

malaysia oil gas all huge debt all terrible ...

Posted by azhanmatnordin > 2019-08-20 16:20 | Report Abuse

Basically want to increase share price only...maybe to avoid delist

Posted by Lee Ying Yee > 2019-08-20 16:45 | Report Abuse

malaysia boleh 2

signalmw

3,314 posts

Posted by signalmw > 2019-08-20 16:54 | Report Abuse

Many people burn... Here

signalmw

3,314 posts

Posted by signalmw > 2019-08-20 16:54 | Report Abuse

Other site keep buying

hooi

1,773 posts

Posted by hooi > 2019-08-20 17:01 | Report Abuse

lancau stock

apple168

6,236 posts

Posted by apple168 > 2019-08-20 17:06 | Report Abuse

This kind of icon share, do not touch! Anytime can be delisted...

johnchew3

398 posts

Posted by johnchew3 > 2019-08-20 18:20 | Report Abuse

Monkeykj u also come here crying begging for help

Mabel

23,732 posts

Posted by Mabel > 2019-08-20 19:40 | Report Abuse

Icon Offshore Bhd is making a cash call to raise up to RM250.0 mln fresh capital and to restructure RM370.7 mln of debt, partly by issue of new shares. Its single largest shareholder, Ekuinas Nasional Bhd, which holds a 42.3% stake, is committed to subscribe up to RM183.0 mln of the proposed rights issue that is sweetened by free warrants.

Icon Offshore will also undertake a share consolidation exercise and also restructuring its debt by executing supplemental agreements with its various lenders. (The Edge Daily)

signalmw

3,314 posts

Posted by signalmw > 2019-08-20 19:55 | Report Abuse

Who buy ipo 1.6 now.....

Posted by T800Terminator > 2019-08-20 19:55 | Report Abuse

50:1, 0.03-0.04 is a bargain price?

freddiehero

16,721 posts

Posted by freddiehero > 2019-08-20 19:56 | Report Abuse

wah lau.. 50:1 ? tis company wan fly ka..

Posted by T800Terminator > 2019-08-20 20:00 | Report Abuse

Yup. MAjor share holder bully minorities share holder.

5354_

4,754 posts

Posted by 5354_ > 2019-08-20 20:32 | Report Abuse

Ex-Sona MD new Icon MD.

newbie5354_

1,279 posts

Posted by newbie5354_ > 2019-08-21 07:47 | Report Abuse

Any1 own Sona before? Why ex-Sona boss join Icon?

newbie5354_

1,279 posts

Posted by newbie5354_ > 2019-08-21 07:51 | Report Abuse

Icon Offshore appoints founder of Sona Petroleum as MD
https://www.theedgemarkets.com/article/icon-offshore-appoints-founder-sona-petroleum-md

kenie

761 posts

Posted by kenie > 2019-08-21 10:29 | Report Abuse

投资石油天然气公司要小心
https://klse.i3investor.com/blogs/tombthieves/214176.jsp

687423

627 posts

Posted by 687423 > 2019-08-21 10:54 | Report Abuse

How low can it get? Haha

CUTLOST

5,178 posts

Posted by CUTLOST > 2019-08-21 23:52 | Report Abuse

Goreng2..abis rugi semua..since ipo 1.80 ten years ago

687423

627 posts

Posted by 687423 > 2019-08-22 08:40 | Report Abuse

Where is the super promoter? aka mu grad

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