ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

0.715

Today's Change

-0.005 (0.69%)

Day's Change

0.69 - 0.725

Trading Volume

3,685,100


10 people like this.

11,997 comment(s). Last comment by Jonathan Keung 2 days ago

M55555

942 posts

Posted by M55555 > 2022-06-07 10:37 | Report Abuse

ICON do not move follow oil price . Dia ikut musim Durian.

Posted by NoobRookie > 2022-06-07 10:42 | Report Abuse

oil go 300, icon would still be 1.05

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-08 18:01 | Report Abuse

Oil 130-140-150

M55555

942 posts

Posted by M55555 > 2022-06-09 17:12 | Report Abuse

Musim Durian belum peak. Kena tunggu

Posted by bullmarket1628 > 2022-06-10 07:04 | Report Abuse

Petronas ups annual capex to RM60 bil, makes first allocation for clean energy
SyafiqahSalim/theedgemarkets.com
June 09, 2022 16:20 pm +08

https://www.theedgemarkets.com/article/petronas-plans-rm60b-capex-2022-says-group-cfo

KUALA LUMPUR (June 9): Petroliam Nasional Bhd (Petronas) is allocating about RM60 billion for capital expenditure (capex) in financial year ending Dec 31, 2022 (FY22) compared with RM30.5 billion a year earlier as the Malaysian national oil company prepares for the resumption of business activities, which were earlier disrupted by Covid-19-driven movement restrictions, and as the group sets aside money for clean energy or non-hydrocarbon-related ventures.
"This year, we expect to almost double that [capex] amount which is RM60 billion, because of catch-up and the return of [business] activities. This is also the time we have to make inroads in some material steps into the non-hydrocarbon side of things," Petronas chief financial officer Liza Mustapha said on Thursday (June 9) at the MIDF Conversations event, which was held virtually.
MIDF group managing director Datuk Charon Mokhzani was the moderator for the event.
Liza said that out of Petronas' planned RM60 billion capex allocation for FY22, about RM40 billion has been earmarked for the oil and gas business besides non-hydrocarbon–related operations while the balance of the capex allocation has been earmarked to finance Petronas Chemicals Group Bhd's (PetChem) wholly-owned subsidiary Petronas Chemicals International B.V. (PCIBV) proposed acquisition of the entire stake in Sweden-based specialty chemicals group Perstorp Holding AB for €1.54 billion (about RM7.02 billion) from Financiere Foret S.A.R.L.
Petronas owns a 64.35% stake in PetChem, according to PetChem's latest annual report.
Looking ahead, Liza said non-hydrocarbon-related income is expected to account for about 30% of Petronas' revenue.
"[About] 30% of our revenue should be coming from something which is not related to hydrocarbons.
"We have to factor in [business] growth, otherwise, we will not be able to manage the energy transition and we will miss our target of achieving [net] zero [carbon] emissions by 2050," she said.
According to her, about 10% of Petronas' RM60 billion capex allocation for FY22 will be earmarked for non-traditional businesses such as specialty chemicals and solar energy.
"Previously, I think there was never a plan on what rate it should be [for the clean energy segment] because there was no allocation from the top. So, it didn't really take off.
"So, we need to rethink our decision on the capital allocation [for the clean energy segment] and put it aside, because if we leave it at that and let them go with the flow, we are going to be a year behind the target again," she said.
Petronas' financials improved in 1QFY22. In a statement on May 31, 2022, Petronas said profit after tax rose to RM23.44 billion in 1QFY22 from RM9.22 billion a year earlier while revenue climbed to RM78.75 billion from RM52.55 billion.
"Despite favourable [first quarter] performance, the high oil and gas prices are expected to remain vulnerable with increased volatility due to geopolitical and macro-economic uncertainties.
"Petronas will continue to strengthen our operational excellence to maximise value creation whilst intensifying our growth and sustainability agenda in Malaysia and internationally,” the company said.

Edited By: Chong Jin Hun

Mabel

23,175 posts

Posted by Mabel > 2022-06-10 15:02 | Report Abuse

Wah...

Our Icon now is rocketing to the skies...

Meow Meow Meow

izoklse

5,203 posts

Posted by izoklse > 2022-06-11 18:25 | Report Abuse

in the edge weekly 13/6 (Page 21) - Icon Offshore eyeing 51% stake in Sapura Baker Hughes. Sapura in talk with Icon Offshore.

billionman

828 posts

Posted by billionman > 2022-06-11 19:13 | Report Abuse

icon much versatile thqn sapura...i reckoned..at least not pn17 counter

Posted by bullmarket1628 > 2022-06-12 16:36 | Report Abuse

南详商报。财经新闻
传Icon岸外拟购沙布拉能源资产
2022年06月11日

https://www.enanyang.my/财经新闻/传icon岸外拟购沙布拉能源资产

(吉隆坡11日讯)Icon岸外(ICON,5255,主板能源股)将成为新一个沙布拉能源(SAPNRG,5218,主板能源股)的拯救者?
根据财经周刊《The Edge》报道,Icon岸外有意接手,沙布拉能源在联营的沙布拉贝克休斯(Sapura Baker Hughes TPS)手持的51%股权。

Icon岸外和沙布拉能源并未否认此收购计划。

已经陷入PN17、急需重组的沙布拉能源,在回应《The Edge》时直言:“作为重组计划,我们在重审所有资产和业务,包括沙布拉贝克休斯。”
Icon岸外则回应指,该集团一直不断找寻强化自身能力,和为所提供服务增值的机会。

“现在的财务状况,让我们有着强劲地位去追求一些有价值的并购活动。”
沙布拉贝克休斯是沙布拉能源与美国油气巨头贝克休斯,以51:49方式联营的油气服务公司,并负责为国家石油的浮动液化天然气设施提供维修服务。
报道特别称,这家联营公司是沙布拉能源“较成功的一个单位”;截至2021年1月财年,这家公司拥有超过2亿令吉资产,以及约1.58亿令吉负债,并获得3785万令吉税后净利。

williamtkb

3,216 posts

Posted by williamtkb > 2022-06-12 18:14 | Report Abuse

Wao... Monday Limit up???

M55555

942 posts

Posted by M55555 > 2022-06-13 10:29 | Report Abuse

Keldai kayu orang tak mahu. Orang mahu Kuda

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-15 15:29 |

Post removed.Why?

M55555

942 posts

Posted by M55555 > 2022-06-16 11:22 | Report Abuse

Crisis sudah over. Covid 19 is a crisis. Sudah 3 tahun crisis. Crises are something cannot be predicted. So many models are used in predicting crises, but a lot of works needs to be done to just to understand their causes.

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-19 19:48 |

Post removed.Why?

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-19 19:57 | Report Abuse

Everybody run

George99

253 posts

Posted by George99 > 2022-06-20 21:05 | Report Abuse

Yes.

M55555

942 posts

Posted by M55555 > 2022-06-21 15:08 | Report Abuse

con con conned

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-21 19:45 |

Post removed.Why?

PunTatBerSiul

1,001 posts

Posted by PunTatBerSiul > 2022-06-24 18:06 | Report Abuse

Nama syarikat pun dah beri niat tersirat.

I CON

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-26 22:22 |

Post removed.Why?

Posted by bullmarket1628 > 2022-06-28 11:52 | Report Abuse

Super good news !
Parliament will dissolves by end Sept 2022 and GE15 is on Nov 2022

For those who still haven’t grab any cheap stocks, please faster grab any of it before too late !
If not, later don’t just sit there and see all of us here making tonnes of profits ya !

Heng ah, Ong ah, Huat ah !

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-28 19:03 |

Post removed.Why?

Icon 888

2,215 posts

Posted by Icon 888 > 2022-06-29 21:50 |

Post removed.Why?

M55555

942 posts

Posted by M55555 > 2022-07-01 15:55 | Report Abuse

Keldai

Icon 888

2,215 posts

Posted by Icon 888 > 2022-07-02 01:24 |

Post removed.Why?

M55555

942 posts

Posted by M55555 > 2022-07-05 11:55 | Report Abuse

Keldai Kayu habis.

Icon 888

2,215 posts

Posted by Icon 888 > 2022-07-13 08:29 | Report Abuse

Keep cash

Icon 888

2,215 posts

Posted by Icon 888 > 2022-07-14 02:18 | Report Abuse

Cash is king now.. wait crash

M55555

942 posts

Posted by M55555 > 2022-07-19 11:53 | Report Abuse

Donkey racing .. will run out of gas soon

M55555

942 posts

Posted by M55555 > 2022-07-21 10:03 | Report Abuse

haha.. keldai pit stop?

Icon 888

2,215 posts

Posted by Icon 888 > 2022-08-01 16:17 | Report Abuse

Cash is king now

M55555

942 posts

Posted by M55555 > 2022-08-02 16:01 | Report Abuse

Donkey, great stamina will so be appreciated

Icon 888

2,215 posts

Posted by Icon 888 > 2022-08-04 22:42 | Report Abuse

Cash is King now

Posted by anonymousHH > 2022-08-05 09:27 | Report Abuse

Rumour from the market that ICON is selling off their cash cow Jackup rig. Good for the share price?

Icon 888

2,215 posts

Posted by Icon 888 > 2022-08-08 01:59 | Report Abuse

Tunggu crash baru beli la

George99

253 posts

Posted by George99 > 2022-08-08 10:16 | Report Abuse

Mesti up gila nanti...

George99

253 posts

Posted by George99 > 2022-08-08 11:57 | Report Abuse

Tunggu masa shj... ...
Sabar semua...

Mesti limit up......MYR 1.00

M55555

942 posts

Posted by M55555 > 2022-08-09 12:43 | Report Abuse

Walaoeh .. Oil price from $60 to $120 back to $96 . Donkey still a Donkey. No horse here

Icon 888

2,215 posts

Posted by Icon 888 > 2022-08-10 00:13 | Report Abuse

Tunggu crisis mari,, simpan cash

Posted by whistlebower99 > 2022-08-10 17:03 | Report Abuse

FOR NEWBIES

MERIDIAN is the latest high NOSH low price penny stock proposing to do shares consolidation !!!
Announcement dated 2 August 2022

===================
Be careful trading high NOSH low price penny stocks

Directors have power to propose shares consolidation to trim down investor's shareholding by many times and raise more fund via rights issue with free warrants resulting in huge losses to investors.

List of penny stocks with shares consolidation :-

2022 in progress - MERIDIAN, LKL, IMPIANA, FAST, VSOLAR

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX,

BEFORE 2022 - PWORTH, PDZ, LAMBO, PASUKGB, MTOUCHE, SANICHI, VC, TRIVE, VINVEST, ICON, MLAB, NETX,.........

====================
TAYOR, don't be caught in share consolidation exercise

Icon 888

2,215 posts

Posted by Icon 888 > 2022-08-12 21:40 | Report Abuse

Keep cash ya

George99

253 posts

Posted by George99 > 2022-08-15 10:52 | Report Abuse

Waiting it to come... .... MYR 1.00

George99

253 posts

Posted by George99 > 2022-08-18 09:07 | Report Abuse

Up up up......

Mabel

23,175 posts

Posted by Mabel > 2022-08-22 19:57 | Report Abuse

What do factory shutdowns in China, shipping delays in Europe and reduced agricultural output in the U.S. have to do with each other? They are all being caused by severe droughts impacting the world's largest economies. Researchers say the dry spells are partly because of seasonal weather patterns like La Niña, but are also related to consequences of land degradation and climate change.

Snapshot: The Chinese province of Sichuan just announced it would extend industrial power cuts and activate its highest emergency response, impacting a number of global manufacturers like Apple (AAPL), Foxconn (OTCPK:FXCOF), Toyota (TM) and Volkswagen (OTCPK:VWAGY). The vital Yangtze, the longest river in Asia, reached its lowest level on record for August, affecting supply of hydropower and causing widespread shortages. Tesla (TSLA) has even asked the government to help ensure its suppliers have a sufficient amount of electricity, with over a dozen of them currently not able to manufacture at full capacity.

Over in Europe, cargo ships have had to reduce their loads due to critically low levels of the Rhine. The waterway is usually occupied with vessels transporting raw materials to power plants and factories, and Italy has even declared a state of emergency along its important Po River. Separately, agricultural forecasters in the U.S. now expect farmers to lose more than 40% of the cotton crop, while many acres of farmland are being left unplanted because of water shortages. In fact, the U.S. Bureau of Reclamation has announced that states like Arizona and Nevada will have to cut their water allocations by up to 21% next year because of the increasing megadrought in the Southwest.

Go deeper: The situation could drive up energy prices as hydro and nuclear power are reduced given the lower levels of water (that cannot sufficiently cool reactors). Higher transport costs and supply chain snarls could also raise food prices, adding to inflationary forces and squeezing a global trade system that was already under pressure from the coronavirus pandemic.

Meow

Posted by bullmarket1628 > 2022-08-23 10:48 |

Post removed.Why?

Posted by bullmarket1628 > 2022-08-23 11:36 |

Post removed.Why?

Posted by bullmarket1628 > 2022-08-23 11:52 | Report Abuse

Wow, Fantastics !

Now Hibiscs already traded at=>
0.965 (+0.065)(+7.2%) !



Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-08-23 15:44 | Report Abuse

Wow, Fabolous !

Now Hibiscs already traded at=>
0.98 (+0.08)(+8.9 %) !



Heng ah, Ong ah, Huat ah !

Posted by bullmarket1628 > 2022-08-25 10:20 |

Post removed.Why?

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