Posted by CharlesT > 2020-01-29 09:40 | Report Abuse

Posted by Mabel > Jan 29, 2020 9:02 AM | Report Abuse

@nelson_na mabel, need ur advise pls. i face the problem of
1, if not subcribe 400k of ro will burn, try to sales but nobody buy.
2. if subcribe of 400k ro to mother share of icon, i need extra 42k cash ( 0.105 x 400k units). let sau i have 42k cash, it is worth to invest?
3. if do nothing, i only have 4k units of icon. depend on market share value movement. total investment rm 7,500, now only left rm 2000+ @ 0.50.
28/01/2020 11:45 PM

Why didn’t you sell your Mother Share last week during the 3 days limit up after the ex date? You could have recovered some of your cost.

For your information, ICON shares been hammered by the downfall of O&G industry from 2014 until 2018. All O&G players were hit. Most small players are already gone. This company has more than 20 vessels serving Petronas. The current vessel is not enough and they need to outsource from outside due to shortage in supply. I expect 2019 result will be much better 2018 because there will be no impairment as they have already made the impairment more than 70 million in 2018.

ICON is backed by strong Major Investors and Equinas itself keep supporting ICON for this scheme. All banks also support the scheme because they see the future of this company. Kenanga Research are expecting to see a continuation of the elevated activity levels going into 2020. A read-through of Petronas’ latest Activity Outlook 2020-2022 was mostly positive, as most upstream value chains are expected to see approximately maintained levels from 2019, while several of them anticipated to see a surge. Of which, they have identified the biggest winners to include (i) fabricators (e.g. SAPNRG, MHB), with almost a doubling in the number of well-head platforms (WHP), and (ii) marine vessel players (e.g. ALAM, ICON, PERDANA, COASTAL), with a huge surge in the number of anchor handling tug supply (AHTS) vessels. Beside Kenanga, Maybank has also given a BUY Call on ICON.

Here’s Wall Street’s Valuation on ICON.

REWARDS
Trading at 93.1% below its fair value. Earnings are forecast to grow 116.6% per year. Below Fair Value: ICON (MYR0.54) is trading below our estimate of fair value (MYR9.75). ICON is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3.4%). ICON's is expected to become profitable in the next 3 years.

Walau a, Wall Street's valuation on ICON Rm9.75????

wonder why still got people here seeking Mabel's advice.....

scary

Posted by Qila1616 > 2020-01-29 09:40 | Report Abuse

what might happen if we just wait? one month or 2 months??

Posted by CharlesT > 2020-01-29 09:43 | Report Abuse

very scary

Posted by OKU_2020 > 2020-01-29 09:43 | Report Abuse

KAQ 4468 Kodiang mali ?
many kena PREQQQ by Govt TH Lebai Jamaah- now Cabuttt edi Laughing with $$$$$

Posted by KAQ4468 > 2020-01-29 09:47 | Report Abuse

yaaaaaa KAQ kodiang mari....

hahahahaha


sini apa gila? skim cepat kaya become skim cepat kayap

Posted by COW666 > 2020-01-29 09:50 | Report Abuse

Penipu terulong bursa dan icon kroni

Posted by COW666 > 2020-01-29 09:52 | Report Abuse

Dgn kerjasama bursa pelabur mati kangkang!

Posted by tigerball > 2020-01-29 09:52 | Report Abuse

Why didn’t you sell your Mother Share last week during the 3 days limit up after the ex date?
----------------------------------
mabel really a joker in i3 ... lol

Posted by ZStrader > 2020-01-29 09:53 | Report Abuse

http://www.iconoffshore.com.my/management-team/posts/

Posted by ZStrader > 2020-01-29 10:00 | Report Abuse

end day limit down... 240

Posted by OKU_2020 > 2020-01-29 10:01 | Report Abuse

many throwww@24.5 sen....pergghhh

Posted by KAQ4468 > 2020-01-29 10:02 | Report Abuse

eish eish eish

boleh jadi rumah mayat ni


kikikikiki

Posted by bcmengs > 2020-01-29 10:02 | Report Abuse

Wrong timing. Kena burn.

Posted by GooShem > 2020-01-29 10:03 | Report Abuse

pity u all ...

Posted by Pacbut286 > 2020-01-29 10:06 | Report Abuse

most ppl got trapped here is a newbie i guess. Experience trader will not fall for something like this.

Posted by pamie > 2020-01-29 10:07 | Report Abuse

Why does the volume traded is only at 8,300 (as of now 1005hrs), BUT the price drop significantly until by 50%.

tot that, huge volume is required for huge price movement? Seems not the case here.

Posted by Mabel > 2020-01-29 10:10 | Report Abuse

CharlesT

What's wrong quoting what Wall Streets are saying? It's a published materials.

Otherwise, you can used other valuation like Kenanga or Maybank.

Bottom line, nobody can really predict the future. Otherwise all of us wouldn't be here in the first place.

Like I said many times, everyone should decide for themselves based on their respective risk adversity.

Gooshem, that's what I did. I sold it..

Posted by CharlesT > 2020-01-29 10:10 | Report Abuse

nothing is wrong....just very scary only

Posted by Mabel > 2020-01-29 10:13 | Report Abuse

@Qila1616 what might happen if we just wait? one month or 2 months??
29/01/2020 9:40 AM

You should be looking at a window of 3 years. The company needs time to grow and recover.

Posted by monetary > 2020-01-29 10:14 | Report Abuse

Bursa set the lower limits for both mother share n OR until further notice. Basically u have no choice but subscribe or burn ur OR. Checkmate.

Posted by necro > 2020-01-29 10:15 | Report Abuse

bang 8300 x 50 ...belom cukup lg tu...byk lg bakal jual

Posted by bjgdila123 > 2020-01-29 10:18 | Report Abuse

0.10 buy back

Posted by Qila1616 > 2020-01-29 10:27 | Report Abuse

This morning try sell at 0.255 and 0.266
REJECTED (E)6 - Order Expired due to Dynamic Limit

Emmm...

Posted by apolloang > 2020-01-29 10:28 | Report Abuse

designated means u buy by payment upfront and only can sell after the shares credited to your account

Posted by i3lurker > 2020-01-29 10:29 | Report Abuse

ha ha
substantial shareholder kicked the bucket
smart feller

all the rest stupid fellers

Posted by Quickgain > 2020-01-29 10:35 | Report Abuse

For small retailers, should have 1 more chance to run is after OR ex n before last payment date for Right shares. During this period mother might jump up 100 to 300 % at least can recover 20 to 50% of your money. As for OR, if mother drop below 19.5 Sen hopefully you can key in 1sen and run as fast as possible !!!! Otherwise it's a burnt !!

Posted by maselankacak > 2020-01-29 10:36 | Report Abuse

kahkahkah this like proverb:
Ditelan mati mak (no $$ to eksersais RI..)
Diluah mati bapak (RI not eksersais also burned & mother share at loss..)


Kahkahkah a definitely serious joke on serious earth...
Sell me OR at 1cent la kahkahkah

Posted by Quickgain > 2020-01-29 10:40 | Report Abuse

Make sure you run mother before Rights shares start trading, 99% the price will b trade between 10sen to 11sen!!

Posted by Lich > 2020-01-29 10:49 | Report Abuse

The problem is some retailers do not have any common sense. The mother share should not have limit up in the first place just because of the consolidation. Valuation should be always be forward-looking, yet some of them have never considered the massive dilution from the rights issue. Serve them right.

Posted by Kokweing > 2020-01-29 10:51 | Report Abuse

When the date of right shares would starts trading.. Tq quick gain

Posted by Alex™ > 2020-01-29 11:04 | Report Abuse

con counter? can buy? will up again?

Posted by ryong92 > 2020-01-29 11:07 | Report Abuse

Con by Bursa not ICON

Posted by sylvester89 > 2020-01-29 11:13 | Report Abuse

LOL....early the morning the price dropped back to 0.20+ i think most likely will drop back to 0.09 and below!! kakaka well done for the price.

Posted by jaynetan > 2020-01-29 11:17 | Report Abuse

mabel,hi
now u understand what I mean

Posted by monetary > 2020-01-29 11:18 | Report Abuse

I was planning to subscribe part of the OR. after seeing how dirty they r I decided to burn all of them.

Posted by monetary > 2020-01-29 11:22 | Report Abuse

think twice b4 putting ur money into a co that interferes trading of its shares.

Posted by DRwarrant > 2020-01-29 11:26 | Report Abuse

Warren. Bufett. >> BE GREEEEEEEEDY WHEN OTHERS IN SHIVERINGG!
# ATTACKKKKKKK..SURE $$$$$

Posted by Michael Kwok > 2020-01-29 11:27 | Report Abuse

The one who warn with TP.Please read.Others no.
Posted by Michael Kwok > Jan 26, 2020 11:17 AM | Report Abuse

80 over cent based on 2.3 billion shares.Excessive overvaluation.Bursa now then take action.After shares consolidation it's should be rm 1.75.But right issues made its rm 1.75/100(not include warrant)= 17.5 cent.Include warrant should less.So below 30 cents valuation by me(best case scenario).

Posted by Godofgambler > 2020-01-29 13:08 | Report Abuse

Buy Barakah safer

Posted by Mabel > 2020-01-29 13:53 | Report Abuse

@jaynetan mabel,hi
now u understand what I mean
29/01/2020 11:17 AM

Like I said earlier, I always adore smart man :)

Cheers jaynetan!

Posted by Quickgain > 2020-01-29 14:07 | Report Abuse

I do not think any retailers here got trapped after ex consolidated, they kena trapped all bcos they refused to run 3.5 Sen before ex, after ex the price is only 1.2 Sen lagi refuse to chow. Worst still listen to many 仙家 here who talking rubbish ...my advice to those not manage to cabut before ex, just cut loss if mother recover back to 50 to 70sen before 18/2/20, if you miss the mother will go back to 10.5 Sen n slowly downward to 9 Sen depending market sentiment , don't forget under writer bankers got billion to unload @10.5 Sen, they just want to get back 10.5 Sen cash not the stupid shares.

Posted by BigDaddyCool > 2020-01-29 14:22 | Report Abuse

ikonek counter.I just cant imagine how on earth it is being listed at IPO 1.85.This is purely a manipulation and scams at the highest level.If this in US surely those culprits will be put behind bars.Never did I thought buying an IPO could be a disaster.

Posted by nelson_na > 2020-01-29 15:32 | Report Abuse

tq mabel, actually my english is not good enough, if anyone can write in mandarin i will be very million thank you.

Posted by jaynetan > 2020-01-29 15:35 | Report Abuse

can contact me if u like

Posted by nelson_na > 2020-01-29 15:35 | Report Abuse

tq Quickgain advise

Posted by Mabel > 2020-01-29 15:49 | Report Abuse

nelson_na tq mabel, actually my english is not good enough, if anyone can write in mandarin i will be very million thank you.

29/01/2020 3:32 PM

这是翻译。这是最好的埃福德。希望团队可以在这里帮助我们的朋友。

为什么您在上个交易日之后的3天限制时间内上周没有出售您的母亲股份？您本可以收回部分费用。

供您参考，ICON股票在2014年至2018年间受到O＆G行业下滑的打击。所有O＆G参与者均受到打击。大多数小玩家已经不在了。该公司有20多艘船服务于马来西亚国家石油公司。当前的船只还不够，由于供应短缺，他们需要从外部外包。我预计2019年的业绩将比2018年好得多，因为将不会出现减值，因为他们已经在2018年将减值超过7000万。

ICON得到强大的主要投资者的支持，Equinas本身继续为该计划提供支持。所有银行都支持该计划，因为他们看到了该公司的未来。 Kenanga Research预计到2020年活动量将继续增长。对Petronas最新的《 2020-2022年活动展望》的解读主要是积极的，因为大多数上游价值链预计将在2019年保持大致水平，而他们中的一些人预计会激增。他们确定了最大的赢家，其中包括（i）制造商（例如SAPNRG，MHB），而井口平台（WHP）的数量几乎翻了一番，以及（ii）船舶制造商（例如ALAM，ICON ，PERDANA，COASTAL），而锚点处理拖船供应（AHTS）船只的数量激增。在Kenanga旁边，马来亚银行也对ICON给出了买入评级。

这是华尔街对ICON的评估。

奖赏
交易价格比其公允价值低93.1％。预计收入每年将增长116.6％。低于公允价值：ICON（MYR0.54）的交易价格低于我们的公允价值估计（MYR9.75）。预计ICON在未来三年内将实现盈利，这被认为比储蓄率（3.4％）更快。 ICON有望在未来3年内实现盈利。

风险分析
没有有意义的市值（MYR1600万）。过去三个月中股价波动很大

建议您根据您过去与该柜台的往来情况来制定自己的业务案例。

您的费用应涵盖所有购置费用以及RI转换费用。就我而言，我的ICON收支平衡成本为每股0.135（含RI）。任何高于这个价格的东西都会为我带来利润。 （仅供参考，如果我根据RI前后的总交易量来计算平均成本，则成本看起来更好，为0.04）。如果跌破0.135的20％，我将减少损失。

我的奖金将为免费认股权证的价格加上任何高于0. 135的价格。目前，我的保证金是非常非常健康的保证金。

您仍然有时间通过​​查看价格变动来决定。截止日期是2020年1月31日。

祝一切顺利。

Posted by perangbrown > 2020-01-29 16:00 | Report Abuse

Icon Offshore's securities were categorised as designated counters until further notice by Bursa Malaysia effective today, due to excessive speculation.

Posted by jaynetan > 2020-01-29 16:02 | Report Abuse

真奇怪，还不知吗

Posted by Michael Kwok > 2020-01-29 16:18 | Report Abuse

This counter no Ong.

Posted by nelson_na > 2020-01-29 16:18 | Report Abuse

jaynetan, how to contact u?