ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.09

Today's Change

-0.04 (3.54%)

Day's Change

1.08 - 1.15

Trading Volume

1,703,900


11 people like this.

12,109 comment(s). Last comment by newbie2018 11 hours ago

Icon 888

2,232 posts

Posted by Icon 888 > 2023-02-24 14:15 | Report Abuse

Hidup pm

Icon 888

2,232 posts

Posted by Icon 888 > 2023-02-27 15:32 | Report Abuse

I con u

speakup

25,562 posts

Posted by speakup > 2023-02-27 21:14 | Report Abuse

icon = i con
kitacon = we con
next got company called ucon and theycon

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-01 09:12 | Report Abuse

geli

Posted by Charles Graham > 2023-03-01 09:13 | Report Abuse

Some funny guy said QR good TP 0.45 to 0.80 lol

5354_

4,702 posts

Posted by 5354_ > 2023-03-01 09:14 | Report Abuse

geli = buy?

Posted by moneycome123456 > 2023-03-01 09:17 | Report Abuse

why panic selling ?

Posted by lordfish30 > 2023-03-01 09:20 | Report Abuse

short sellers

5354_

4,702 posts

Posted by 5354_ > 2023-03-01 09:38 | Report Abuse

Net debts become less ie RM 164.25528 mil in latest QR even after paying SD 6.7 sen.

richman

10,110 posts

Posted by richman > 2023-03-01 10:01 | Report Abuse

maybe loss will go up

richman

10,110 posts

Posted by richman > 2023-03-01 10:02 | Report Abuse

weird market never reveal all information

Tripaka

2,872 posts

Posted by Tripaka > 2023-03-01 10:09 | Report Abuse

Malaysia stocks are very funny. Make money price will drop badly like this stock. Maybe because of name l con?

Posted by hohlaiyet88 > 2023-03-01 10:09 | Report Abuse

Why panic selling as got good profit? As financial year end net profit 175.118 million( Increase 501.49%)? This from MBB sources....

MamakKutty

277 posts

Posted by MamakKutty > 2023-03-01 10:21 | Report Abuse

sell on news, easily offloaded 150M+ shares easily.

Posted by sylvester89 > 2023-03-01 10:21 | Report Abuse

Just got some rumours news say ICON will be joining PN17 soon because they are at loss. This company will be bankruptcy soon they say. But dunno is true a not.

DickyMe

14,487 posts

Posted by DickyMe > 2023-03-01 10:27 | Report Abuse

Top up @ 9 sen, 30K. Burrrppp!!

Posted by sylvester89 > 2023-03-01 10:29 | Report Abuse

@DickyMe just becareful this counter later meow coming in and watch at us

DickyMe

14,487 posts

Posted by DickyMe > 2023-03-01 10:34 | Report Abuse

@sylvester

I bought this counter @4.5 sen when Meow was purring some years ago, out f curiosity.
This counter has been generous to me. However, need tremendous patience.
I have sold twice @13 sen.

Mabel

23,403 posts

Posted by Mabel > 2023-03-01 10:42 | Report Abuse

Haha Well done DickyMe!

Icon Offshore Bhd posted record fourth quarter and full-year net profits for the year ended Dec 31, 2022 (FY2022) after a hefty net gain of RM196.3 million from the disposal of its sole jack-up rig.

The oil and gas service provider’s net profit for 4QFY2022 was up by 32 times to RM153.6 million from RM4.8 million a year earlier. Earnings per share (EPS) rose to 5.68 sen from 0.18 sen.

For FY2022 as a whole, net profit rose by more than seven times to RM171.56 million from RM22.7 million in the previous year. Full-year EPS grew to 6.34 sen from 0.84 sen in FY2021, according to the group’s bourse filing.

Icon paid a special dividend of 6.7 sen per share on Dec 28, 2022 following the completion of the jack-up rig disposal to Saudi Arabia-based ADES Arabia Holding.

Meow Meow Meow

Posted by sylvester89 > 2023-03-01 10:49 | Report Abuse

@Mabel what do you think about this counter then? base on your experience.

Mabel

23,403 posts

Posted by Mabel > 2023-03-01 11:47 | Report Abuse

#sylvester89 @Mabel what do you think about this counter then? base on your experience.
01/03/2023 10:49 AM

Like DickyMe said this counter you need to be very patience. Today it is sitting in Pole Position as the most active counter in KLSE..

Looking at Technical chart, today the MACD line falls below the signal line as everyone starts locking their profits. This is an excellent opportunity to collect like what DickyMe just did. Resistance is at 10.5 sen.

If you scroll this forum, the previous right issues with free warrants, it was oversubscribed by 19.87% of the maximum intended gross proceeds of RM247.21 million. Someone even managed to secure a Mercedes SLK from this exercise.

https://www.theedgemarkets.com/article/icon-offshore-rights-issue-over...

Potential Rewards..

Price-To-Earnings ratio (14.3x) is below the Energy Services industry average (15.1x). Earnings grew by 26.3% over the past year. Brent is still above USD 80 and some quarters are speculating it can go above USD 100 with current war in Ukraine..

To Our Success !

Meow Meow Meow

$$ BUYSELL $$

1,715 posts

Posted by $$ BUYSELL $$ > 2023-03-01 14:08 | Report Abuse

how many get con....conman counter....hahaha...

MamakKutty

277 posts

Posted by MamakKutty > 2023-03-01 15:12 | Report Abuse

sekali tuang, semua dapat

MamakKutty

277 posts

Posted by MamakKutty > 2023-03-01 15:16 | Report Abuse

0.085

MamakKutty

277 posts

Posted by MamakKutty > 2023-03-01 15:19 | Report Abuse

in the sell Q now

Posted by sylvester89 > 2023-03-01 15:19 | Report Abuse

opss I mean Bursa confirm already ke Icon will go PN17**

Posted by sylvester89 > 2023-03-01 15:20 | Report Abuse

i waiting the price target 0.015 hopefully can be reach my target

$$ BUYSELL $$

1,715 posts

Posted by $$ BUYSELL $$ > 2023-03-01 15:47 | Report Abuse

tutup kedai....

MamakKutty

277 posts

Posted by MamakKutty > 2023-03-01 15:48 | Report Abuse

Yay, dapat KFC xTamak

afifi

2,030 posts

Posted by afifi > 2023-03-01 15:48 | Report Abuse

share tak cukup ke..mmg byak orang buang..ade hal ke

MamakKutty

277 posts

Posted by MamakKutty > 2023-03-01 15:55 | Report Abuse

tak kesah la, ada org buang, ada org kutip, ada org beli, ada rezeki.

DickyMe

14,487 posts

Posted by DickyMe > 2023-03-01 16:14 | Report Abuse

Dulu pun orang buang sampai 4 sen.
Aku kutip, testing, sempat jual dua kali 13 sen.
Ni kutip lagi 9 sen. Kalau lingkup, kira derma terima kasih..kikikiki

afifi

2,030 posts

Posted by afifi > 2023-03-01 16:44 | Report Abuse

kena call Handian..dia byak syer

aspenvit

289 posts

Posted by aspenvit > 2023-03-01 16:45 | Report Abuse

Tomorrow limit up.

MoneyMakers

7,493 posts

Posted by MoneyMakers > 2023-03-01 17:43 | Report Abuse

Trash stock

Syndicate dump high RIP

5354_

4,702 posts

Posted by 5354_ > 2023-03-02 09:13 | Report Abuse

Pharma PN17 yes but why 24 sen can not Icon?

nicholas99

9,844 posts

Posted by nicholas99 > 2023-03-02 09:17 | Report Abuse

icon boss want sell so much. but no ppl want to buy.. maybe will drop more..

5354_

4,702 posts

Posted by 5354_ > 2023-03-02 09:26 | Report Abuse

Icon boss sell bursa got announce? Don't lie haha.

Posted by sylvester89 > 2023-03-02 10:13 | Report Abuse

GG no idea who say tomorrow limit up LoL! kena goreng itself

kingJ

129 posts

Posted by kingJ > 2023-03-03 09:40 | Report Abuse

Very confident the value of the assets has gone up, as such if depreciation of 57mil is taken out and revaluation of assets is taken into consideration then the result is definitely a big positive

Posted by sylvester89 > 2023-03-03 09:43 | Report Abuse

@kingJ what kind of big positive will be for Icon? unless they won a few project then I could say the positive will be much better alot.

Posted by sylvester89 > 2023-03-03 10:02 | Report Abuse

Good nice one let's go sell more let the price drop into 0.015 plssssss I am ready to pick

kingJ

129 posts

Posted by kingJ > 2023-03-03 11:30 | Report Abuse

As per Petronas recent announcement that they will be spending bigger and one of the beneficiaries will be Icon. Well, I can only hope its true

kingJ

129 posts

Posted by kingJ > 2023-03-03 11:59 | Report Abuse

Based on the recent sale of asset, sale proceed=386mil, nbv of asset sold=196mil, the market value of the assets as at 31/12/22 should be worth around 1b. If got good offers then sell them. Then the company will be cash rich. The company can pay us 15 sen dividend and still have about 500mil in the bank account

5354_

4,702 posts

Posted by 5354_ > 2023-03-03 14:49 | Report Abuse

Velesto rebound Icon also?

Posted by sylvester89 > 2023-03-03 14:52 | Report Abuse

@5354_ Icon won't make it already it's hard to rebound we will see next week the limit down trend.

5354_

4,702 posts

Posted by 5354_ > 2023-03-03 14:58 | Report Abuse

Why? Not they move together? Here we must share truth not lie haha.

5354_

4,702 posts

Posted by 5354_ > 2023-03-03 14:59 | Report Abuse

if loss-making Velesto can go up why not Icon with record profit?

Posted by sylvester89 > 2023-03-03 15:04 | Report Abuse

let's make no mistake Velesto I not sure....But if Icon can't really get those project then Icon is ended from here. As i mention at previous chat. But not to worry I know Icon parent company is strong enough they won't let icon just die.

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