NO way KAQ, this company have 32 vessels to charter and more to come. Plus they have good relationship with Petronas carigali. Plus good earnings visibility.
I think KAQ4468 is correct. without maybank stabilising the share would have fallen below IPO price. As much as i belive that the company is good, it is listing at high forward PE ratio. Just watch out
We r now in a mini bull run with index all time high and it is not moving. The risk is high once the reverse take place. I hope well for all investor and i do hope it can be like skpetro. hopefully more contracts annouced to spruce it up
Wwk1, icon company itself not bad. 32 vessels and more to come.. this vessels is not 32 sampans vessels... is a huge ships with powerful gears. Anyway just hope for the best.
well i know i held Knm and made a lot of money. however better dont compare with KNM. It is an extremely volatile share and good for gambling. I lost some much at first but revcover to make double digit gains. This share is just pure speculation
ICON is more fundamental share. i dont think it will move like KNM. Good company but listing at too high of a price. current listed PE is very high at future 1 year earnings. I think it is a good share but need to embrace volatility first before can recover. Sorry just personal opinion
ferdtwh..you are right...maybank is smart...they collect from all the weak players now...after 25 july they will goreng above 2.10...then icon will sail off to the ocean steadily...maybank cashout and the ipo is a success...very smart move indeed...just watch...
In this ocean...it's all big shark....maybank is not doing charity work here...every cent counts...they going to rape all weaklings...if you sell now...
Actually dont understand why expiry of stabilisation will be good? This means no one to support. If maybank want to push price can already push now. To me it us negative 4 the stock. Look at aax did the stabiliser push up price? Better bank on higher contract award from petronas better
prefer stay at 1.85 for some time. must wash out all impatient investor. when there is no more impatient investor noisy here. mean it is the time to fly.
stabilizing mechanism for a -$$ company (AAx)- go south stabilizing mechanism for a +$$ company (IxxN)- go north
Yes, stupid is not stupid indeed, why would Maybank buy at higher price than IPO price, currently placing a high Q at 1.85 to absorb who ever throw at 1.85, until setting a strong base to fire the icon vessels all the way to the North....
Orang sini tak habis habis banding aax dengan icon... Aax is burning fuel shipped by icon to power its expensive plans to transport people in air while icon is having 30plus vessels to contain oil or what ever equipment needed for oil and gas jobs.. aax is paying money to icon indirectly...
That is why aax price is plunging at high speed to south while icon is moving up to the north slowly and steady when the timing arrives / the sea is calm enough for shipping....
Clarification : The above postings served from my fun thought only, dont mean to bring down aax business prospect. Purely hope that icon price will move up only as i bought at high price...lol....
pei pei... nearly got choke by my own saliva... hmmm.. look even some lousy counters can reach RM3... i dont see why icon the next Bumi wont reach TP3.30
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MQ Trader 773 views | 5 d ago
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New IPO: The onshore and offshore support services provider for the O&G industry, Steel Hawk Bhd aims to list on the Ace Market!
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speakup
26,572 posts
Posted by speakup > 2014-07-10 07:46 | Report Abuse
Good new! BUY!