ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.17

Today's Change

+0.03 (2.63%)

Day's Change

1.13 - 1.23

Trading Volume

5,657,500


11 people like this.

12,145 comment(s). Last comment by BursaVulture 11 hours ago

BlackWhite

1,053 posts

Posted by BlackWhite > 2020-04-15 09:20 | Report Abuse

0.04sen that is

5354_

4,749 posts

Posted by 5354_ > 2020-04-15 15:57 | Report Abuse

Big liar haha.

faizal WTI 20 USD
15/04/2020 12:48 PM

5354_

4,749 posts

Posted by 5354_ > 2020-04-15 15:58 | Report Abuse

Mabel sold? Why no more post?

5354_

4,749 posts

Posted by 5354_ > 2020-04-15 16:00 | Report Abuse

I only post when drop or some1 who hate Icon so much spreading fake news.

OKU_2020

4,817 posts

Posted by OKU_2020 > 2020-04-15 17:54 |

Post removed.Why?

Legend

4,119 posts

Posted by Legend > 2020-04-15 17:57 | Report Abuse

Die...die...die

sunnyfx

4 posts

Posted by sunnyfx > 2020-04-16 10:08 | Report Abuse

what happend with icon ?

tkl88

8,712 posts

Posted by tkl88 > 2020-04-17 01:02 | Report Abuse

Noway ICON will drop to 0.035 or 0.04 anymore...
See, even oil price dropped so much, it still stagnant at 0.06

Huat ah ! Heng ah ! Ong ah !

BN_better

991 posts

Posted by BN_better > 2020-04-17 09:46 | Report Abuse

Let you buy cheap why no buy?

sunnyfx what happend with icon ?
16/04/2020 10:08 AM

persie

1,412 posts

Posted by persie > 2020-04-17 11:12 | Report Abuse

For the last quarter, ICON has recorded a net profit of RM7.4 millions. The company only need another profit in next quarter to share price jump above 10 sen. For long investment, it is a good buy at current price.

newkid

966 posts

Posted by newkid > 2020-04-17 11:25 | Report Abuse

if 6.5 sen support broken, it will take longer time to RI price. crude price look weaker n weaker ,this not what i expected .,.....,

aireez

399 posts

Posted by aireez > 2020-04-17 12:17 | Report Abuse

Investing.com – Oil prices were up in Asia on Friday as Russia and Saudi Arabia hinted at further production cuts.

The two producers said overnight that they were open to further output cuts on top of the almost 10-million-barrel cut agreed upon by OPEC+ earlier in April. They will “continue to closely monitor the oil market and are prepared to take further measures jointly with OPEC+ and other producers if these are deemed necessary,” Russian Energy Minister Alexander Novak and his Saudi counterpart Prince Abdulaziz bin Salman said in a joint statement.

DRwarrant

8,354 posts

Posted by DRwarrant > 2020-04-17 17:23 | Report Abuse

NEW super bull now like 1993 - 97 >> just Wallapppp sure ONE $$
Volume today 6 Billions ++ even more hot than 1993 / 97
thanks to this BUG @ Covid 19 for BRINGING ONG / luck to the stock market

pc007

237 posts

Posted by pc007 > 2020-04-17 21:36 | Report Abuse

Wah...monday dump again...oil drop like hell. 11% 17USD only. Hopefully it can recover later. Monday sea of red for O&G counters

napnap

298 posts

Posted by napnap > 2020-04-17 21:46 | Report Abuse

Pc007..correct me if I'm wrong...I heard others said oil price base on Brent oil??

mf

28,511 posts

Posted by mf > 2020-04-17 21:47 | Report Abuse

Oil falls on weak economic data, demand concerns

pc007

237 posts

Posted by pc007 > 2020-04-17 22:44 | Report Abuse

Napnap..i m ref to WTI Crude Oil instead.

newkid

966 posts

Posted by newkid > 2020-04-18 01:53 | Report Abuse

Crude is crashing ,I will start taking profit on Monday because not expected crude will drop till this level. My cost on icon is 46.8 sent and Alam is 5.87sen .,

newkid

966 posts

Posted by newkid > 2020-04-18 01:54 | Report Abuse

4.68 sent not 46.8 hohoho

skyap

282 posts

Posted by skyap > 2020-04-18 20:24 | Report Abuse

So... Will up?

Citadel88

20 posts

Posted by Citadel88 > 2020-04-20 03:32 | Report Abuse

TP 50 sen.

mf

28,511 posts

Posted by mf > 2020-04-20 06:41 |

Post removed.Why?

Ubah_

352 posts

Posted by Ubah_ > 2020-04-20 10:54 | Report Abuse

PN not good either. Why people like mf no ban or police catch?

mf run
20/04/2020 6:41 AM

newkid

966 posts

Posted by newkid > 2020-04-20 15:26 | Report Abuse

sold 1.2 million @6.5 sen

davidkkw79

5,068 posts

Posted by davidkkw79 > 2020-04-20 15:26 | Report Abuse

congrat !

newkid

966 posts

Posted by newkid > 2020-04-20 19:08 | Report Abuse

today managed to clear 1.3 m@6.5, tomorrow will b difficult to clear 6.5 again as crude oil dropped another 30% today !!!!

newkid

966 posts

Posted by newkid > 2020-04-20 21:47 | Report Abuse

tomorrow will sell all 6 sen n above but will big accumulate 5 sen n below ..

DRwarrant

8,354 posts

Posted by DRwarrant > 2020-04-21 06:42 | Report Abuse

Hello - No sweat laaa....must under stand the " MECHANIC " of future trading like Palm Oil , Oil & what not....if can't get out from the May Contract - you will get the actual oil delivered ..if oil palm , lorries of oil palm will be delivered in front of your house..that's all...see the Oil JUNE Contract still OK , Brent oil still all right...

The sell off can be attributed in part to market mechanics. The May futures contract for West Texas Intermediate, the US benchmark, is about to expire.

Most investors are already focusing on the June contract, thinning out trading volume and feeding volatility, UBS analyst Giovanni Staunovo said.
The June futures contract for WTI is trading around $22 per barrel >> Brent crude futures, the global benchmark @ $25.81 per barrel.

shacarlos

348 posts

Posted by shacarlos > 2020-04-21 16:13 | Report Abuse

kasi buang.... ;-)

Mabel

23,721 posts

Posted by Mabel > 2020-04-21 19:46 | Report Abuse

Relax.. It's Still Green..

Meow

Posted by oilwaterman > 2020-04-21 19:51 | Report Abuse

Be fearful when others are greedy
Be greedy when others are fearful - W.Buffett

newkid

966 posts

Posted by newkid > 2020-04-21 22:22 | Report Abuse

today disposed 3.8 m @6 sen, q sell 3.5 m @6.5 sen no body interested. Esok semua kasi 6 sen buyers hohoho

mf

28,511 posts

Posted by mf > 2020-04-21 22:24 | Report Abuse

Oil continues unprecedented sell-off: June futures drop 24%, but May contract turns positive

ochai

350 posts

Posted by ochai > 2020-04-21 22:24 | Report Abuse

tomoro not a time to be greedy... come come who wants to be a millionaire..

OKU_2020

4,817 posts

Posted by OKU_2020 > 2020-04-22 01:53 |

Post removed.Why?

DRwarrant

8,354 posts

Posted by DRwarrant > 2020-04-22 05:44 | Report Abuse

Warren Bufett >> BE GREEEEEEEEEDY when others in SHIVERINGGG !

tkl88

8,712 posts

Posted by tkl88 > 2020-04-22 09:50 |

Post removed.Why?

tkl88

8,712 posts

Posted by tkl88 > 2020-04-22 09:57 | Report Abuse

Wow, Nymex price started to spike up like crazy now !
Nymex=> $12.80 (+$1.23) (+10.63 percent)

tkl88

8,712 posts

Posted by tkl88 > 2020-04-22 10:44 | Report Abuse

US oil prices jump after massive rout
West Texas Intermediate for June delivery rises 18.93% to $13.76 a barrel
Published: April 22, 2020 06:12
AFP
https://gulfnews.com/business/energy/us-oil-prices-jump-after-massive-rout-1.1587521703297

tkl88

8,712 posts

Posted by tkl88 > 2020-04-22 10:44 | Report Abuse

Singapore: US oil prices surged Wednesday after a turbulent start to the week that saw them fall below zero for the first time due to a coronavirus-triggered demand shock.

US benchmark West Texas Intermediate for June delivery rose 18.93 per cent to $13.76 a barrel, after suffering heavy falls in New York overnight.

WTI for May delivery on Monday collapsed to an unprecedented low of minus $40.32 as traders scrambled to sell it before the contract expired Tuesday, but could find few buyers with storage capacity fast filling up.

European benchmark Brent crude for June delivery was up 0.98 percent at $19.52 a barrel, after tumbling to an 18-year low the previous day.

DickyMe

14,698 posts

Posted by DickyMe > 2020-04-22 12:01 | Report Abuse

"
DickyMe2 Brent crude may break the 2016 low of US$27 and find support around US$23. If that fails expect under US$17.
12/03/2020 11:07 PM"
========================================

It is on the way to US$17....kikikikiki

tkl88

8,712 posts

Posted by tkl88 > 2020-04-22 16:27 | Report Abuse

Wow, Fantastic !
Now ICON already turn green and traded at 0.065 (+0.005) (8.3%) !
Like that today ICON definitely can closed at 0.07 (+0.01) (+16.7%) already !
Keep it up ICON !

Huat ah ! Heng ah ! Ong ah !

newkid

966 posts

Posted by newkid > 2020-04-22 18:29 | Report Abuse

sold all icon 6 sen no more oil n gas for me, will target IT related counters or any business involves 5G ,.....hohoho

tkl88

8,712 posts

Posted by tkl88 > 2020-04-22 22:04 | Report Abuse

Wow, oil price continue to spike up !
As at 10.00pm,
Nymex => $15.65 (+4.08) (+35.26%)
Brent => $21.97 (+2.64) (+13.66%)

tkl88

8,712 posts

Posted by tkl88 > 2020-04-23 06:15 | Report Abuse

Wow, Fantastic ! Dow Jones spike up to
closed at=> 23,475.82 (+456.94) (+1.99%) !

DRwarrant

8,354 posts

Posted by DRwarrant > 2020-04-23 06:56 | Report Abuse

Oil rockets higher, boosting global equities

tkl88

8,712 posts

Posted by tkl88 > 2020-04-23 07:02 | Report Abuse

Wow, Fantastic,
Oil price started it’s bull run again !

Nymex closed at=> $13.78 (rose +19%)
Brent closed at=> $20.37 (rose +5%)

tkl88

8,712 posts

Posted by tkl88 > 2020-04-23 07:39 | Report Abuse

International oil prices rebound following Trump warning

April 22, 2020 8:09 pm by Myles McCormick and Joe Rennison in London, Hudson Lockett in Hong Kong and Matthew Rocco in New York

Brent bounces back from two-decade low after US president takes aim at Iranian vessels

Oil prices rebounded on Wednesday after Donald Trump stoked Middle East tensions, saying that he had ordered US warships to “shoot down and destroy” Iranian vessels if they posed a threat.
The US president’s intervention sent Brent crude back above $20 a barrel after the international benchmark had tumbled to its lowest level since 1999 on concerns over the collapse in global oil demand.
The declaration from Mr Trump also helped buoy the high-yield bond market, which is heavily exposed to the fate of energy companies. BlackRock’s iShare high-yield bond exchange traded fund, known by its ticker HYG, rose 1 per cent, having dipped 1.8 per cent on Tuesday.

“I have instructed the United States Navy to shoot down and destroy any and all Iranian gunboats if they harass our ships at sea,” Mr Trump wrote in a tweet.
The prospect of renewed tensions in the Middle East gave crude a lift during a week where prices have struggled to contend with an evaporation in demand triggered by the coronavirus pandemic.

Brent rose as high as $22.45 a barrel and settled at $20.37, up more than 5 per cent on the day. The energy sector helped lead a rally on Wall Street that sent the benchmark S&P 500 up 2.3 per cent following two days of falls. The tech-heavy Nasdaq Composite closed up 2.8 per cent.
West Texas Intermediate, the US marker, rose 19 per cent to $13.78 a barrel. It almost halved during the previous session and earlier in the week fell into negative territory for the first time as producers were forced to pay buyers to take oil off their hands ahead of the expiry of futures contracts.

Brent crude remains down about 27 per cent so far this week. Oil production levels have remained robust even as the virus destroys demand, creating a supply glut. An unprecedented cut of almost 10 per cent of global supply by Opec and its allies will take effect next month, but traders worry it is not enough to offset the collapse in consumption.
The head of the International Energy Agency on Tuesday called for the output reductions to be expedited and deepened. Opec members met by phone overnight, but there was no sign they would change their plans.

BanglaMan

870 posts

Posted by BanglaMan > 2020-04-23 09:44 | Report Abuse

So many people got stucked hahahah

tkl88

8,712 posts

Posted by tkl88 > 2020-04-23 13:29 | Report Abuse

Wow, Marvelous !
Oil price continue to spike up !

As at 1.27pm,
Nymex at=> $15.77 (+1.99) (+14.4 %)
Brent at=> $22.87 (+2.50) (+12.3 %)

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