Posted by man8748 > 2020-01-22 15:24 | Report Abuse

still potential to enter the field today ?

Posted by lsg10 > 2020-01-22 15:26 | Report Abuse

knp la x thu hari ni boleh beli dan jual.. ingt kan sapa beli arini tak boleh jual... sedih betul

Posted by Steve Ting > 2020-01-22 15:33 | Report Abuse

any idea how much will the or worth?

Posted by avatarsnipe > 2020-01-22 15:34 | Report Abuse

Lsg10. Itu yg aku buat dari tadi.

Posted by lsg10 > 2020-01-22 15:35 | Report Abuse

esok smbung naik x ni...

Posted by avatarsnipe > 2020-01-22 15:38 | Report Abuse

Aku pun tak tau...tapi kalau gelombang cantik, aku surf je

Posted by tkl88 > 2020-01-22 15:42 | Report Abuse

There is only got buyers queue at 0.42, no sellers volume at all...
It means no more shares or no more sellers wanted to sell their shares at the price of 0.425~1.75 !

Posted by jameslimsingpoh > 2020-01-22 15:42 | Report Abuse

tomorrow got answer

Posted by 5354_ > 2020-01-22 15:47 | Report Abuse

Why limit up? Any good news(from your remiser)?

Posted by lsg10 > 2020-01-22 15:47 | Report Abuse

5354 baru keluar gua ke

Posted by stncws > 2020-01-22 15:48 | Report Abuse

tommor 1.75

.0.03x50

Posted by 5354_ > 2020-01-22 15:50 | Report Abuse

Remiser cakap bahaya why up 30 sen? Mkt overall tak bagus pun.

Stock: [ICON]: ICON OFFSHORE BHD
Jan 22, 2020 3:16 PM | Report Abuse
remiser x kasi topup duit utk ri. kate nye bahaya kaunter ni.. pening2

Posted by lsg10 > 2020-01-22 15:52 | Report Abuse

die ckp company ni hutang byk. sje nk trap org ramai... x thu la betul ke x..

Posted by icecool > 2020-01-22 15:53 | Report Abuse

wah !!! limit up hahaha!!!

Posted by madcow78 > 2020-01-22 15:54 | Report Abuse

I think the reason for the share price to run up is due to significant decreased in the existing share after the consolidation.

Once the Right Shares are issued, the price will be very volatile.

Based on current price of 0.42, those who bought before the ex-date will be in the money.

100 shares = 2 consolidation shares (@1.75) + 200 rights (@0.105). The rights theoretical opening price will be 0.315 (0.42-0.105), way above the costs price. Those who bought will be very anxious and hope the price stay at current level in order to cash in the fat bonus.

Posted by Kingston1 > 2020-01-22 16:02 | Report Abuse

All in this morning! Hahaa.. Untung banyak!! Fat fat cny!! Horseh liao!!!!

Posted by Kingston1 > 2020-01-22 16:03 | Report Abuse

Tomorrow one more round +20%

Posted by kabukiman > 2020-01-22 16:07 | Report Abuse

is it not share price run up because to cover penalty from selling more than 1/50?

at current price RM 0.42, simple 1/50 consolidation means share price on friday should be RM 0.42 x50 = RM 21.

siyes shit?

Posted by TOP WIN > 2020-01-22 16:23 | Report Abuse

今天卖空的人全完蛋，如果今天买不回，明天没眼看了。

Posted by Kingston1 > 2020-01-22 16:27 | Report Abuse

这个股可以卖空咩？哈哈

Posted by donjon1989 > 2020-01-22 16:44 | Report Abuse

I bought 8000 shares this morning at 0.375 but was unable to sell. Is it due to the consolidation? But I see some comments saying that they bought today and managed to sell. Also am I affected by the consolidation as the ex date is today.

Posted by sylvester89 > 2020-01-22 16:50 | Report Abuse

Good bye to all my share :( gone finish! earning become toilet roll already for this ex dividend!

Posted by Mabel > 2020-01-22 16:51 | Report Abuse

From what I see those who bought this share before and after EX will get their respective Ang Pow. This is great considering KLCI is down.

The next most interesting question is to estimate how much our Free Warrant will fetch?

As for the mother there are two interesting views. Both are looking good.

Of course we can expect volatility. That has already happened before the ex date.

So my question what will be the estimate price of our free warrant?

Loves to hear from you.

Meow..

Posted by stncws > 2020-01-22 16:52 | Report Abuse

donjon....see sell now through 42c

try try

Posted by ww_guy > 2020-01-22 16:56 | Report Abuse

i don't understand. If i got mother share at 1000 shares, i need to subscribe RI of 10000 share by paying RM10k, right? If i don't subscribe the RI and sell all OR on 24th without selling the mother share, how much i will get from OR share being sold without subscribe?

Posted by Mc_Wei > 2020-01-22 17:16 | Report Abuse

Disaster.... how many oversold today? Tomorrow price may limit up again forcing oversold clients to buy back at limit up price.

Posted by Lai_1212 > 2020-01-22 17:18 | Report Abuse

Everyone buying but no one sell aldy?

Posted by ferdtwh > 2020-01-22 17:19 | Report Abuse

https://www.drwealth.com/what-is-a-share-consolidation/

Posted by foongkitmun > 2020-01-22 17:21 | Report Abuse

how to exercise the IR using Maybank trade?

Posted by monetary > 2020-01-22 17:23 | Report Abuse

Mc Wei. HongLeong suspended trading of icon to avoid this problem. Customers can only place order through phone call. How about other trading platforms?

Posted by monetary > 2020-01-22 17:28 | Report Abuse

Some ppl know they oversold but they r tempted by the lucrative pricing. They plan to buy back later at cheaper price but all sold out.

Posted by Mc_Wei > 2020-01-22 17:29 | Report Abuse

Damage is done. What's the actual share outstanding (after consolidation)? Compare this with today's volume.

Posted by monetary > 2020-01-22 17:32 | Report Abuse

I think that's the reason for today's limit up. Losers r those oversold. Winners r those rode the wave up.

Posted by SpicyMcDeluxe > 2020-01-22 17:33 | Report Abuse

Can sell la, why cannot sell pulak

Posted by Trouble Huat > 2020-01-22 17:34 | Report Abuse

Sold. Easy money hehe

Posted by monetary > 2020-01-22 17:35 | Report Abuse

after consolidation is 46.74mil shares. today's volumn is 66.7mil. I believe oversold is happening.

Posted by monetary > 2020-01-22 17:38 | Report Abuse

the operator took advantage of those who r not well informed n those who r greedy.

Posted by Mc_Wei > 2020-01-22 17:39 | Report Abuse

Oversold people will have to buy back tomorrow regardless what price. Most likely tomorrow may have another big rally again. Oversold people already lost alot in Icon before consolidation, after consolidation have to lose again.

Posted by monetary > 2020-01-22 17:41 | Report Abuse

if they can't buy from open market their trading houses will buy from other brokers n debit their account.

Posted by Mc_Wei > 2020-01-22 17:42 | Report Abuse

Yes. That's the reason for the limit up today. Huge oversold. By 3pm most oversold can't buy back already. Tomorrow they may have to buy back at much much higher price. The price is at the mercy of the operator.

Posted by monetary > 2020-01-22 17:42 | Report Abuse

at inflated price....

Posted by Mc_Wei > 2020-01-22 17:52 | Report Abuse

Number of outstanding shares as shared by Lich is 23.5m. Today's volume is 66m. You can figure out how severe is the oversold today.


Posted by Lich > Jan 22, 2020 2:55 PM | 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 Shareview123 > 2020-01-22 18:00 | Report Abuse

Icon shares issued has been reduced from 1 billion to around 20 millions shares ( 1 billion ÷ 50) after shares consolidation of 50 become 1.
Today volume is 66.7 millions shares traded which is more than 3 times of the shares issued after consolidation. It is cornered.
The right issue ratio is 100 for every 1 share held after consolidation at an issue price of 0.105 together with free warrants at the ratio of 1 for 4 shares subscribed.
If you have 50,000 shares, after consolidation of 50 become 1, you will have only 1000 Shares.
You are entitled to subscribe 100, 000 shares .at 0.105.
If the shares price is maintained, that means the right issue form may be traded around 0.30.
So you can just sell the Right issue form
( FORM OR).
IF seems like you can make a lot of money from the selling of the Form OR.
BUT, as this counter has been cornered, they will distribute all the Forms OR to the retailers. So retailers have to be very, very careful, don't be trapped.

Posted by Lich > 2020-01-22 18:02 | Report Abuse

Errata: 2,354m is the number of new shares. There will also be a 263.7m of new shares issued to financiers. So post issuance, share base is around 2,641.6m shares.

Posted by Shareview123 > 2020-01-22 18:06 | Report Abuse

The buying in share price is based on today's closing price which is 0.42 plus 10 bids, it becomes 0.47.

Posted by Shareview123 > 2020-01-22 18:08 | Report Abuse

The shares price can be up or down depend on who are the buyers. If retailers are net buyers, then the shares price most likely will be down.

Posted by monetary > 2020-01-22 18:11 | Report Abuse

yes. base on QR b4 consolidation is 1177mil shares not 2377mil as shown in klse screener apps. After consolidation 23.5mil.

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

It's cruel. To the extream.

Posted by Shareview123 > 2020-01-22 18:14 | Report Abuse

For the next few trading days , the shares price very likely will be going down. For those new traders, they have to be very careful.

Posted by Shareview123 > 2020-01-22 18:21 | Report Abuse

As this counter was concerned before ex date, it means only a small percentage of shares were held by retailers before ex date. So most of the Forms OR will be allocated to the main shareholders.