Posted by Bgt 9963 > 2021-10-16 09:17 | Report Abuse

Dead stock...!

Posted by cashflow > 2021-10-18 09:13 | Report Abuse

Gradually coming up

Posted by Mabel > 2021-10-18 12:13 | Report Abuse

#bullmarket1628 Walaoeh, Oil price continue it’s bull run !
Brent closed at=> $84.84 +0.84 +1.00%

Huat ah, Heng ah, Ong ah !
16/10/2021 7:17 AM

Brent already breaches USD 85+...

Another Kambing cumming....

Meow Meow Meow

Posted by cashflow > 2021-10-18 12:31 | Report Abuse

Boiling to rocket

Posted by bestoobest > 2021-10-19 20:36 | Report Abuse

what is boiling to rocket

Posted by Mabel > 2021-10-19 23:44 | Report Abuse

Icon..

Meow

Posted by Icon 888 > 2021-10-20 03:46 | Report Abuse

Dah berapa tahun mandul ini…usia tua ke

Posted by Mabel > 2021-10-20 13:25 | Report Abuse

Cumming..

Meow

Posted by Mabel > 2021-10-20 14:59 | Report Abuse

Value Proposition

1. One of Malaysia’s largest OSV providers; dominant in AHTS and AWB with a relatively young fleet (7 years).

2. Vessels are Malaysia-flagged and will be able to capitalise on the stringent Malaysian cabotage rules.

3. Icon is going through a challenging macro environment, as it faces bottoming of DCR but gradual recovery of OSV utilisation.

4. Returns outlook is improving but the pace of recovery will be gradual, backed by its continuous efforts to optimise costs and OSV utilisation.

5. M&A action is a key catalyst to unlocking values

Upside

1. Resilient. Ahead of peers in cost management. More jobs expected with PETRONAS giving preference to local service providers over foreign-flagged vessels.

2. New management with commendable track record gives confidence to the market and eliminates past negative perception (corporate governance, cost management).

3. M&A action is not entirely ruled out as Government –owned Ekuinas, a 43% shareholder, aims to create values from a PE perspective.

Meow

Posted by Mabel > 2021-10-20 15:01 | Report Abuse

i3 Target Price 0.42

Walaoeh, Oil price continue to rise !
Brent closed at=> $85.13 +0.80 +0.95%

Meow Huat ah, Meow Heng ah, Meow Ong ah !

Posted by Mabel > 2021-10-20 15:05 | Report Abuse

Sustainability agenda: A WIP

Icons ESG roadmap is a work-in-progress (WIP). It is understandably behind its peers in this segment, for its immediate, primary targets are to prioritize improvement of its financials and de-leveraging of its balance sheet on a sustainable basis.

In essence, Icons turnaround story has just begun to gain traction.

Meow Huat Chaii!

Posted by Mabel > 2021-10-21 18:49 | Report Abuse

Brent crude oil was trading at US$86 (about RM357.59) per barrel, while crude palm oil closed at an all-time high on Wednesday with the benchmark palm oil contract for January 2022 rising by RM127 to RM5,071 a tonne.

Posted by Mabel > 2021-10-22 07:07 | Report Abuse

Everyone who has been following oil markets during the pandemic knows that WTI crude prices reached negative levels in an unprecedented turn of events in April 2020.

The culprit back then was the overflowing Cushing storage hub.

In 2021, America's largest oil storage hub is once again about to play a crucial role in what could be the next major price shock in oil markets.

But this time, the opposite is true. Crude inventories in the crucial oil storage facility are plunging at an alarming rate.

According to JP Morgan, Cushing may just be weeks away from being ``effectively out of crude''

You see, a gas crisis in Europe and Asia has already led to a large, and unexpected jump in demand. This in combination with OPEC's overcompliance to its output cuts has created a very tight oil market

Without additional volumes, JP Morgan expects the Cushing hub to reach critical levels in the next two months, setting crude prices up for a serious spike.

Captain Mabel Sparrow

Posted by JK22 > 2021-10-22 10:31 | Report Abuse

Oil up , ICON down. Oil down, ICON down

Posted by JK22 > 2021-10-22 12:08 | Report Abuse

Thanks me..i collect today. I am doing best to make it 0.11 today. But don't disappoint me later...

Posted by cashflow > 2021-10-23 00:42 | Report Abuse

Nicely done. I’ve been positioning more myself. It’s taking off to 20 cents in the near term, patience

Posted by bullmarket1628 > 2021-10-23 07:51 | Report Abuse

Oil Prices Could Explode As U.S.' Largest Storage Hub Nears Empty
By ZeroHedge - Oct 21, 2021, 2:30 PM CDT

https://oilprice.com/Latest-Energy-News/World-News/Oil-Prices-Could-Explode-As-US-Largest-Storage-Hub-Nears-Empty.html

Posted by Icon 888 > 2021-10-25 09:33 |

Post removed.Why?

Posted by JK22 > 2021-10-25 09:46 | Report Abuse

https://finance.yahoo.com/news/peak-oil-demand-forecasts-turn-230000037.html#:~:text=Peak%20Oil%20Demand%20Forecasts%20Turn%20Sour%20As%20Demand%20Keeps%20Growing,-Editor%20OilPrice.com&text=In%20the%20mind%20of%20many,is%20on%20its%20way%20out.&text=The%20latest%20oil%2C%20gas%2C%20and,does%20not%20always%20reflect%20reality.

Posted by cashflow > 2021-10-25 11:29 | Report Abuse

Wow, ICON rocking, go go

Posted by JK22 > 2021-10-25 16:37 | Report Abuse

Yet many rush, signing off the ship. Staying on board too long

Posted by JK22 > 2021-10-25 16:40 | Report Abuse

A lighter ship can sail faster.

Posted by Mabel > 2021-10-25 17:00 | Report Abuse

Wah do nice..

Mabel Energy Battleship Royal Fortune is on full speed with 10% gain

Meow Well Done !

Captain Mabel Sparrow

Posted by cashflow > 2021-10-26 10:48 | Report Abuse

Buy ICON now, before end of this year already 16 cents

Posted by DickyMe3 > 2021-10-26 11:11 | Report Abuse

Yah gah?

Posted by cashflow > 2021-10-26 17:52 | Report Abuse

Icon rocking higher

Posted by Mabel > 2021-10-26 18:02 | Report Abuse

Nice and lovely..

Royal Fortune!

Slowly and surely..

Meow Meow Meow

Posted by izoklse > 2021-10-26 20:31 | Report Abuse

buy buy buy huhuhu.

Posted by cashflow > 2021-10-27 16:41 | Report Abuse

ICON go go go

Posted by Mabel > 2021-10-27 18:06 | Report Abuse

Nice and lovely..

Mabel Royal Fortune is on full speed..

Meow Meow Meow

Posted by DickyMe3 > 2021-10-27 18:08 | Report Abuse

The spread is not wide enough for a pleasure ride.

Posted by cactus81 > 2021-10-28 20:46 | Report Abuse

https://www.theedgemarkets.com/article/icon-offshore-3q-net-profit-spikes-contribution-drilling-segment?type=malaysia

Posted by Mabel > 2021-10-28 21:20 | Report Abuse

Nice and lovely...

Thank you cactus81!

Dicky,

Don't miss this boat...

It can fly faster than Air Asia...

Meow

Posted by cashflow > 2021-10-28 21:22 | Report Abuse

ICON rocket

Posted by Mabel > 2021-10-28 21:32 | Report Abuse

Meow Cashflow...

Mabel sapu 500 lots at 0.095

Icon P&L very GREEN...So Happy...

Meow Meow Meow

Posted by cashflow > 2021-10-28 22:08 | Report Abuse

Nice. I am holding nearly 15,000 lots. Long term play.

Posted by Change_ > 2021-10-29 09:21 | Report Abuse

2 qtrs QR good why down? What must change? PM or govn?

Posted by Change_ > 2021-10-29 09:24 | Report Abuse

Free W nobody propose to IR?

Posted by Change_ > 2021-10-29 09:26 | Report Abuse

Ekuinas cannot privatise Icon why?

Posted by Change_ > 2021-10-29 09:28 | Report Abuse

QR better than KNM why cheaper? Govn/PM not good cannot control operators/bankers?

Posted by Change_ > 2021-10-29 09:30 | Report Abuse

BN lost in GE14 so Melaka PRN BN also must lose? BN like Icon only good at con?

Posted by JK22 > 2021-10-29 10:01 | Report Abuse

QR good, price down. QR bad , price up. No news sudden up. News out , price down. Answer ? Trading is gambling . You cannot beat the market . You are not there to know what going on . You have to prepare to hold a year or 2 to get return when ever you entered a counter.

Posted by cashflow > 2021-10-29 10:04 | Report Abuse

The operators are trying to frustrate retailers to quit before they push up. Just be patient and hold your tickets.

Posted by Mabel > 2021-10-29 10:21 | Report Abuse

#cashflow Nice. I am holding nearly 15,000 lots. Long term play.
28/10/2021 10:08 PM

Wow this is even better..

Will add more if it drops below 10...

Welldone cashflow !

Meow

Posted by izoklse > 2021-10-29 10:22 | Report Abuse

come on ICON.

Posted by Mabel > 2021-10-29 10:24 | Report Abuse

#Change_ QR better than KNM why cheaper? Govn/PM not good cannot control operators/bankers?
29/10/2021 9:28 AM

KNM?

Very slow counter. Got Borsig also no use..Mabel sold all KNM at 30 and bought Dialog instead..

Much better than KNM..

Meow

Posted by Mabel > 2021-10-29 10:30 | Report Abuse

#cashflow Nice. I am holding nearly 15,000 lots. Long term play.
28/10/2021 10:08 PM

Wow this is even better... Mabel feels inspired..

Will add more if it drops..

9M21 results were in line with our expectations, on the back of stronger QoQ performance, driven by its drilling ops. The company is on track to meet our expectation amid a sequentially softer 4Q21, as seasonal weakness kicks in. SOP-based TP (unchanged) equates to 1x PBV, valuing the:

(i) JU ops at 0.6x EV/ replacement value (9 sen/shr) and
(ii) OSV ops at 0.7x PBV, (7 sen/shr).

To Our Success!!!

Meow

Posted by cashflow > 2021-10-29 14:57 | Report Abuse

Let’s go for it. Stocks are long term play. Keep it there and bear the fruit in couple of years.

Posted by Mabel > 2021-10-29 21:08 | Report Abuse

Indeed Cashflow !

Enjoy your weekend !

Meow

Posted by cashflow > 2021-10-31 10:58 | Report Abuse

ICON fair value should be above 25 cents already. Let the Company do shared buy back to lift benchmark.