Posted by sby7768 > 2020-01-22 12:37 | Report Abuse

nelson_na ...due to consolidated share by ICON ....50/1 share..200k become 4k..start today..pls read all comment today...

Posted by Mabel > 2020-01-22 12:43 | Report Abuse

Clap Clap Clap

We had a great Team here. We work like one Team to make this happen.

Well done to those that hold on this shares till the end...

It really pay to be patience...

Cheers!

Posted by monetary > 2020-01-22 12:44 | Report Abuse

Lich Lai_1212 your cost is only 10,000 x 3.5cts = RM350.
But you will get 20,000 units of OR which you can sell starting on 24 Jan 2020.
I think you will still make money since (200 x RM0.20) + (20,000 x OR price) >>?? RM350
22/01/2020 11:44 AM

Theoretical OR price is 0.12-0.105=0.015
Unless OR is goreng up u can only breakeven. There's no free lunch. Those who bought higher than yesterday closing price is in loss theoretically. Only goreng can save them.

Posted by stncws > 2020-01-22 12:44 | Report Abuse

nelson na...Total loss

Posted by freddiehero > 2020-01-22 12:48 | Report Abuse

weldone all..

Posted by freddiehero > 2020-01-22 12:49 | Report Abuse

cny ang.pow lai laio..

Posted by nelson_na > 2020-01-22 12:50 | Report Abuse

mabel, can u pls advise me, what should i do? anyone?

Posted by ismaju1962 > 2020-01-22 12:50 | Report Abuse

monetary - please explain on OR price is 0.12-0.105

Posted by ismaju1962 > 2020-01-22 12:51 | Report Abuse

i thought OR price would be 0.105

Posted by nich0las > 2020-01-22 12:52 | Report Abuse

Nelson, when u bought icon? B4 ex or after ex?

Posted by ryong92 > 2020-01-22 12:52 | Report Abuse

The expire date is today 5pm. How come can’t sell. Don lie please hahaaaa

Posted by Kasik0rn > 2020-01-22 12:57 | Report Abuse

So many people here. Sure goes up till tomorrow

Posted by nelson_na > 2020-01-22 12:58 | Report Abuse

i bought last yr 2019, 100k units @0.035, cost rm 3,500
2020 jan 100k units @ 0.04 cost rm 4,000
total i have 200k units cost rm 7,500.
suddenly check account show only have 4000 units @ 0.20. only have rm 800. hope u guy advise me.

Posted by Michael Kwok > 2020-01-22 13:03 | Report Abuse

U all are trap in share consolidation 50-1 and right 100-1.

Posted by mf > 2020-01-22 13:07 |

Post removed.Why?

Posted by Michael Kwok > 2020-01-22 13:07 | Report Abuse

Do u all subcribe to right shares for every 1 shares need to subcribe fir right shares at 100 shares at 10 cents.If no Habis.

Posted by Michael Kwok > 2020-01-22 13:18 | Report Abuse

Nelson case 200k at 37.5 cent.50 into 1 share consolidation.So got 4k shares.If he got Subsribe 1 shares need to subscribe 100 shares.Then got 400k shares.

Posted by signalmw > 2020-01-22 13:20 | Report Abuse

We not allow to sell? What mean

Posted by CUTLOST > 2020-01-22 13:21 | Report Abuse

consolidate

Posted by KeyofKingdom > 2020-01-22 13:23 | Report Abuse

Mchael Kwok

Please explain further

Posted by KeyofKingdom > 2020-01-22 13:24 | Report Abuse

ICON公布重组债务及附加股筹资 股价急跌10%至4.5仙 10/01/2020

ICON岸外（ICON 5255）今日暂停交易小时，以解释债务重组和筹资计划，回复交易後急跌半仙或10%，收市报4.5仙，全日共有3796万股成交。

联昌国际投资银行昨日代表Icon岸外董事部宣布，关于附加股配凭单计划，董事部决定每1股配100附加股的比例，每股发行价为10.5仙。

“附加股价格较理论除权价13.2仙，折价约20.6%。附加凭单的行使价为16.5仙，较理论除权价高出25%。

此外，Icon昨日还与多家金融机构签署包销协议。

联昌国际投行丶丰隆投资银行丶KAF投资银行及肯纳格投资银行将包销3亿5714万附加股，相当于总附加股发行的约12.5%。

Posted by KeyofKingdom > 2020-01-22 13:25 | Report Abuse

ratio is 1:100

Posted by Lai_1212 > 2020-01-22 13:30 | Report Abuse

Monetory thanx for advise.

Posted by mathandk > 2020-01-22 13:31 | Report Abuse

i buy this morning .. will i be affected by the consolidation?

Posted by arfastrade > 2020-01-22 13:31 | Report Abuse

So many confused today, relax, if u bought today, theres no such thing u have to sell only 1/50 or whatsoever. That only applied for those who have it before 22 Jan.

Posted by mathandk > 2020-01-22 13:33 | Report Abuse

arfastrade - thank you

Posted by foo > 2020-01-22 13:34 | Report Abuse

shares consolidation BOOM...

Posted by Abdulazizba > 2020-01-22 13:38 | Report Abuse

COnsolidation disaster for those who come in yesterday and before. U need share price at RM 1.80 at least to pulang modal.

Posted by nich0las > 2020-01-22 13:48 | Report Abuse

Arfastrade, ok. Means i bought this morning 100lots still can sell today at 100lots right?
Then hoseh, sell when RM1.00.

Posted by Mabel > 2020-01-22 13:50 | Report Abuse

@nelson_na mabel, can u pls advise me, what should i do? anyone?
22/01/2020 12:50 PM

nelson you need to scroll up what was discussed earlier. Let me cut and paste for you.

This is a very good explaination

(Quote)
500Bilis 1,000,000 shares brought @ 4 sen, total RM40k paid.

After consol, 1mil shares become 20,000 shares @ RM40k paid earlier.

20,000 shares entitled RI of 2,000,000 shares at RM0.105.

If exercise all RI, total additional fund need fork out is RM210k.

Total shares in hand 20,000 + 2,000,000 = 2,020,000 value at RM40k + RM210k = RM250k or RM0.1238 per share.

Imagine those didnt opt for RI, RM40k for 20,000 shares...
14/01/2020 11:42 PM

500Bilis If exercise all, RM0.1238 vs RM0.132 is aldy a gain....
14/01/2020 11:55 PM

500Bilis Not to mention FOC warrant...
14/01/2020 11:57 PM

(UnQuote)

If you are still not clear, consult your bankers.

Back to your question, my banker has contacted me today. I told them I have accepted the offer.

Cheers!

Posted by Mabel > 2020-01-22 14:02 | Report Abuse

For those that has bought today will not be affected with the above exercises

Posted by CharlesT > 2020-01-22 14:05 | Report Abuse

those bought today after ex made big money...those bought b4 ex depends on their pr prices

Posted by stncws > 2020-01-22 14:07 | Report Abuse

didnt buy 25c...Cheh

Posted by stncws > 2020-01-22 14:09 | Report Abuse

0.034x50times...RM1.50

Posted by helmi123 > 2020-01-22 14:18 | Report Abuse

mabel & arfastrade TQ for explanation

Posted by monetary > 2020-01-22 14:21 | Report Abuse

ismaju1962 i thought OR price would be 0.105
22/01/2020 12:51 PM

After seeing today's price opened 100% more than theoretical ex price followed by limit up I think the theoretical OR price has little importance. Let's si how the market price it.

Posted by Mabel > 2020-01-22 14:34 | Report Abuse

CharlesT

Those that bought before ex also make money. I told you to buy earlier.

Waiting at 42 to sell by non RI shares..

Bought with average 4...

That's already a bonus for those who bought before ex..

Meow..

Posted by Diego2020 > 2020-01-22 14:37 | Report Abuse

bought today at 20 c and sell at 39.5c, 300k bonus!

Posted by tkl88 > 2020-01-22 14:38 | Report Abuse

0.02 *50 = RM1.00
0.01 *50 = RM0.50
Current price of 0.385 is actually below 0.01 cent before share consolidation of 50 to 1 !

So, current price of 0.385 or <0.01 cent is actually a "Good Buy" !

Posted by icecool > 2020-01-22 14:46 | Report Abuse

wow goreng goreng party

Posted by Abdulazizba > 2020-01-22 14:54 | Report Abuse

but the RI issue share will be traded from 28 jan if not wrong..price may drop badly by then..
today and tommorow is the best time for ICON share to make money.

Posted by Lich > 2020-01-22 14:55 | Report Abuse

Number of shares was 1,177m shares yesterday. Today, number of shares is 23.5m. Post issuance of new shares, the number of shares will be 2,354m shares.

Market cap prior to ex-date was around RM40 - 60m. New money coming, assuming full subscription, is about RM240m. So, after the dust has settled, the share should trade around 12 sen.

Posted by nelson_na > 2020-01-22 14:55 | Report Abuse

so now totally lost, 4000 units @ 0.40= rm1,600.

Posted by lsg10 > 2020-01-22 14:57 | Report Abuse

kalau kite tak subscribe ri ape akn jadi pada share kite?

Posted by bcmengs > 2020-01-22 15:11 | Report Abuse

nelson, yup. gone. habis. finish.

Posted by ismaju1962 > 2020-01-22 15:11 | Report Abuse

lsg10 you tak kan dapat free warrant. You akan rugi sebab setelah consolidation you punya share jadi sedikit. katakan sekarang you ada 50 share yang you beli pada 4 sen.Kos you 4 sen * 50 = RM2. . selepas consolidate share you tinggal 1 share sahaja. Untuk break even you kena tunggu harga share jadi RM2 . Makan Loti looo

Posted by ismaju1962 > 2020-01-22 15:13 | Report Abuse

kalau u jual semua sekarang pun you dapat 1 * 0.40 = 40 sen sahaja

Posted by CharlesT > 2020-01-22 15:15 | Report Abuse

Posted by Mabel > Jan 22, 2020 2:34 PM | Report Abuse

CharlesT

Those that bought before ex also make money. I told you to buy earlier.

Waiting at 42 to sell by non RI shares..

Bought with average 4...

That's already a bonus for those who bought before ex..

Meow..


wait till u see yr PR this fri lah

Posted by lsg10 > 2020-01-22 15:16 | Report Abuse

remiser x kasi topup duit utk ri. kate nye bahaya kaunter ni.. pening2

Posted by tkl88 > 2020-01-22 15:17 | Report Abuse

21/1/2020 closing price 0.035
50 to 1 consolidation=> 0.035 *50 = RM1.75

kalau tak subscribe RI => 28/1/2020 will open trade at=> 0.105

So, 1.75 -0.105 => 1.645 / 1.75 => making a losses of => -94 %{Quite hugh losses)
Let said you own 3,000,000 shares at 0.035 => RM105,000
(or 50 to 1, you total shares become 60,000 => 60,000 * 1.75 = RM105,000)

On 28/1/2020, the price from 1.75 plunge till open at 0.105,
you total shares of 60,000 will worth only=> 60,000 *0.105 = RM6,300
(Making a losses of RM105,000 - RM6,300 = -RM98,700 !

So, borrow monies also must subscribe the RI,
Or if not, sold all your OR to get some monies back and keep your shares to goes up till RM1.75 then only sell it !