re read the IPO document.289m shares are offer shares of existing shares and 221m are new issue.Company's borrowings reduce by 400m only after IPO. this is not buy or sell call just FYI.
How can up this kind of company, people listing to expand business, this one to pay the debt. First day open already con investor. The company name should change to i-con-you. Fair value rm0.95 becoz all skeptical account made. Dont u all want to invest money into conman pocket?
Joe99 not happy just sell yr shares and get out of this forum. We are here because we believe in the stock. U don't believe in the company than just leave
joe99; u r correct with yr assessment. those who believe stay lah . their vsls are not properly maintain and a nber of ship's officers jump ship which indicates d management capability.
Why is everyone focusing on the company's vessel acquisition? The biggest story is in the The Edge Weekly this week. It was said, Icon has secured RM270mil contract in Brunei. So where do you think this AWB that they acquire go to? The acquisition is the prelude to this RM270mil contract. This contract adds 50% to their existing order book which is around RM600mil.
Best of all, A research house is going to release report with a higher target price. I'm not surprise this counter will fly to RM2.10 and still below the house' target price.
The final winner will be Barakah ! Barakah got more " contract in waiting " and will shoot up to TP2.40 Many brokers are collecting for big announcement !
Bought vessels, rumours on Brunei contracts, technical bullish chart, upgrades and coverage from brokers, trading below ipo.... Oh my, are you not excited!!
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LIAUSAN
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Posted by LIAUSAN > 2014-08-06 09:40 | Report Abuse
Who is that "Dentist" ?