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 1 day ago

5354_

4,527 posts

Posted by 5354_ > 2023-03-31 04:49 | Report Abuse

Icon better than your counter Revenue which plunge a lot in 2023. Icon bottom price look like is 8.5 sen?

Kayvera

Unfortunately, price not affected favourably?

5354_

4,527 posts

Posted by 5354_ > 2023-03-31 04:54 | Report Abuse

Icon 9.5 sen is 16.2 sen before special dividend. Those who follow Icon long enough will know the counter has stabilised since Anwar appointed as PM.

5354_

4,527 posts

Posted by 5354_ > 2023-03-31 05:26 | Report Abuse

Icon Offshore appoints Ekuinas senior executive Aliff Omar as alternate director
https://www.theedgemarkets.com/node/661531

kingJ

125 posts

Posted by kingJ > 2023-04-03 10:35 | Report Abuse

I think last q the company has done and expensed the necessary upgrades/repairs/maintenance. As such this q will be a good q.

Posted by success2628 > 2023-04-04 07:18 |

Post removed.Why?

Posted by success2628 > 2023-04-04 08:04 | Report Abuse

Oil prices surge after OPEC’s surprise output cuts

https://www.aljazeera.com/amp/economy/2023/4/3/oil-prices-surge-after-opecs-surprise-output-cuts

Price jump comes after news oil producers will slash output by about 1.16 million barrels per day.

Oil prices have surged after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in US price data had boosted market optimism.
Brent oil futures jumped $4.30 to $84.19 a barrel on news output would be cut by about 1.16 million barrels per day, while US crude climbed $4.17 to $79.84.
The change comes before a virtual meeting of an OPEC+ ministerial panel, which includes Saudi Arabia and Russia.

kingJ

125 posts

Posted by kingJ > 2023-04-10 20:56 | Report Abuse

Ini kali lah (hopefully)

Posted by hohlaiyet88 > 2023-04-11 09:36 | Report Abuse

How the market view for Icon proposed (I) PROPOSED CAPITAL REDUCTION;
AND (II) PROPOSED SHARE CONSOLIDATION(COLLECTIVELY REFERRED TO AS THE
"PROPOSALS")?

Posted by skyinvestor > 2023-04-17 09:08 | Report Abuse

anyone buying this counter at current price?

GregBursa

49 posts

Posted by GregBursa > 2023-04-17 12:32 | Report Abuse

@skyinvestor This youtuber just bought some today. I am still observing

Posted by skyinvestor > 2023-04-17 14:52 | Report Abuse

i queue to buy at 0.09 since this morning, but never get filled, wonder why

newbie5354_

1,240 posts

Posted by newbie5354_ > 2023-04-28 18:55 | Report Abuse

Icon sound like PH con us voters?

Mabel

23,169 posts

Posted by Mabel > 2023-05-02 08:25 | Report Abuse

Mabel collected at 0.085 no issues...need to wait lah

0.08 no one wang to sell...so Mabel wait lor..

izoklse

5,203 posts

Posted by izoklse > 2023-05-07 18:15 | Report Abuse

Raja Arshad is in talk to be appointed as PNB Chairman and he is currently Chairman of ICON. :-)

5354_

4,527 posts

Posted by 5354_ > 2023-05-09 09:16 | Report Abuse

So PNB can buy Icon?

5354_

4,527 posts

Posted by 5354_ > 2023-05-09 09:18 | Report Abuse

Raja Arshad got Icon shares? How many? Why EPF CEO ex-Icon CEO cannot buy Icon for EPF?

M55555

942 posts

Posted by M55555 > 2023-05-09 10:24 | Report Abuse

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY") BY RM830.00 MILLION PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016; AND (II) PROPOSED CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN ICON ("ICON SHARES") INTO 1 ICON SHARE

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350456

Mabel

23,169 posts

Posted by Mabel > 2023-05-09 11:58 | Report Abuse

BCT Asia shares the latest news:

“…its whollyowned subsidiary, Icon Offshore Group Sdn. Bhd. secured a contract from PETRONAS Carigali Sdn Bhd (“PCSB”) for the provision of an anchor handling tug vessel with crew and equipment for twenty-four(24) hour services. The services will be utilised to support and maintain drilling rigs, offshore installations, derrick barges, towing and anchor job required by PCSB during their drilling and project activities.
ICON received the first work order award on 27 February 2023 and has commenced operations on 18 April 2023 as per vessel on-hire certificate for approximately 255 vessel days.”

Kayvera

34 posts

Posted by Kayvera > 2023-05-09 13:06 | Report Abuse

Share price hasn't moved much tho

newbie5354_

1,240 posts

Posted by newbie5354_ > 2023-06-06 17:03 | Report Abuse

izoklse, so Raja Arshad is now PNB chairman? How to send message to him to ask PNB buy Icon share?

izoklse

Raja Arshad is in talk to be appointed as PNB Chairman and he is currently Chairman of ICON. :-)

DickyMe

14,320 posts

Posted by DickyMe > 2023-06-08 13:11 | Report Abuse

Don't buy now. Share consolidation coming!

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-06-12 10:32 | Report Abuse

-wa 0.020 menarik tertarik tunggu bulan depan rebound !

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-06-13 09:44 | Report Abuse

bulan depan -wa 0.020 -> 0.040 = 100% ezpz !

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-06-13 15:38 | Report Abuse

-wa otw gap up limit up !

DickyMe

14,320 posts

Posted by DickyMe > 2023-06-15 11:54 | Report Abuse

I think "they" will bring it down to 1 sen and do consolidation.

Posted by whistlebower99 > 2023-06-22 15:02 | Report Abuse

FOR NEWBIES

Previous share consolidation in 2020

Share consolidation of every 50 existing ordinary shares in Icon Offshore Berhad ("Icon") ("Existing Shares") into 1 consolidated share in Icon ("Consolidated Share(s)") as at 5.00 p.m. on Thursday, 23 January 2020 ("Entitlement Date") ("Share Consolidation")

========
After 3 years, another share consolidation. Long term loyal investors suffered huge losses

=================
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:

(I) PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY") BY RM830.00 MILLION PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016; AND

(II) PROPOSED CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN ICON ("ICON SHARES") INTO 1 ICON SHARE

Date Announced 09 May 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350456

====================
Be aware of on-going corporate exercise
Two shares consolidation in 3 years !!!

Long term loyal investors, specially retailers, incurred huge losses during 1st share consolidation of 50:1
Will continue to incur another huge losses if still holding to the old shares.

Be careful trading low price high NOSH penny stocks

================
TAYOR

Posted by success2628 > 2023-06-27 10:29 |

Post removed.Why?

Posted by whistlebower99 > 2023-06-28 09:36 | Report Abuse

FOR NEWBIES

DGB is the latest high NOSH low price penny stock proposing to do shares consolidation !!!

This announcement is dated 26 June 2023.

===================
Be careful if holding high NOSH low price penny stocks for long term

Directors have power to propose shares consolidation to trim down your shareholdings by many times and raise more fund via rights issue with free warrants

Long term shareholders holding at high prices will incur huge losses from share consolidation

List of penny stocks with shares consolidation :-

2023 in progress - DGB, MMAG, DOLPHIN, TECHNAX, ICON

2023 completed = VSOLAR, MERIDIAN, PASUKGB, EDUSPEC

2022 - YONGTAI, DIGISTA, MTRONIC, AGES, IDMENSN, KANGER, AAX, LKL, MNC, NEXGRAM, IMPIANA, FAST

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

Posted by IconForever > 2023-06-28 15:43 | Report Abuse

Haters please fill up my 7 sen q.

Posted by IconForever > 2023-06-28 15:45 | Report Abuse

222.8K done 7 sen where got enough? I want all haha.

Change_

226 posts

Posted by Change_ > 2023-06-30 14:59 | Report Abuse

Unity govn only concern to list more IPOs? Old stocks eg Icon no need to bother? PRN 6 states please change govn and PM again.

BILLC

2,026 posts

Posted by BILLC > 2023-06-30 15:07 | Report Abuse

I.con already con you many times,,,why do you still want to play? You reap what you sow,,,,

Posted by success2628 > 2023-07-02 09:30 | Report Abuse

Super Good news !
More & more companies rushing to be listed into KLSE !
There are 6 companies going to be listed in KLSE for July & early August 2023 ! 


1)Skyworld 10-7-2023 0.80

2)DC Healthcare 17-7-2023 0.25

3)MSTGOFT 20-7-2023 0.81

4)MYMBN 25-7-2023 0.21

5)Daythree 26-7-2023 0.30
6)KGW 1-8-2023 0.21

kingJ

125 posts

Posted by kingJ > 2023-07-08 09:16 | Report Abuse

Cash in bank RM125M, total current liabilities only RM87M, what's the problem?

kingJ

125 posts

Posted by kingJ > 2023-07-08 09:26 | Report Abuse

The directors have made a fantastic decision to sell some assets at the right time to make a profit of RM218M. Now it's a healthy Balance Sheet. What makes you think the price will drop further?

DickyMe

14,320 posts

Posted by DickyMe > 2023-07-18 14:56 | Report Abuse

"DickyMe

I think "they" will bring it down to 1 sen and do consolidation.

1 month ago"
====================

Fantastic slide, it's happening!
Corrosive before consolidation.

Posted by success2628 > 2023-07-21 16:40 |

Post removed.Why?

Posted by success2628 > 2023-07-25 08:35 |

Post removed.Why?

Posted by limitupandsurewin88 > 2023-07-28 06:16 |

Post removed.Why?

Posted by Robert Waters > 2023-08-01 11:20 | Report Abuse

I had a quick look. It seems to me that it is not difficult to collect at rock bottom price of 0.065.
When I get my hands on some cash ...

Posted by Robert Waters > 2023-08-05 10:49 | Report Abuse

What is going on here ... big volume ... no anouncement.
Going down !!!

cashflow

3,642 posts

Posted by cashflow > 2023-08-08 12:29 | Report Abuse

Sapura already rally. Icon next

kutipkutip

1,100 posts

Posted by kutipkutip > 2023-08-09 08:52 | Report Abuse

macam best

DickyMe

14,320 posts

Posted by DickyMe > 2023-08-15 19:41 | Report Abuse

I CON!! 😄

Posted by MrJohn91 > 2023-08-21 17:00 | Report Abuse

😃😃😃

cashflow

3,642 posts

Posted by cashflow > 2023-08-22 11:30 | Report Abuse

Let’s go 😄

Posted by limitupandsurewin88 > 2023-08-22 12:16 |

Post removed.Why?

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