Posted by 1234rich > 2 months ago | Report Abuse

Icon ..Ikon or Con

Posted by sylvester89 > 2 months ago | Report Abuse

Hahahaahaha......this company ciak ayam one lucky i got no loss early i sell off all....this company real con people need to be delisted in Bursa better.

Posted by 5354_ > 2 months ago | Report Abuse

If delist Ekuinas own by govn will suffer huge loss. Why you so black heart? Foreigner not Malaysian is it? If got balls answer me back or get lost haha.

Posted by Unfair > 2 months ago | Report Abuse

Armada, Velesto also O&G many promoters; Icon why many haters is it fair?

Posted by Unfair > 2 months ago | Report Abuse

Latest QR profit RM 153.42 mil or EPS 5.68 sen is Icon best ever and dividend paid 6.7 sen is 9 sen fair price?

Posted by 5354_ > 2 months ago | Report Abuse

Icon Offshore awarded OSV contracts by Hibiscus
https://www.freemalaysiatoday.com/category/business/2023/03/28/icon-offshore-awarded-osv-contracts-by-hibiscus/

Posted by Kayvera > 2 months ago | Report Abuse

Unfortunately, price not affected favourably?

Posted by 5354_ > 2 months ago | 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?

Posted by 5354_ > 2 months ago | 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.

Posted by 5354_ > 2 months ago | Report Abuse

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

Posted by kingJ > 1 month ago | 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 > 1 month ago | Report Abuse

Walaoeh, Oil price spike up Like mad !
Brent closed at=> $84.93 +$5.04 +6.31%

Like that today ICON will be spike up crazily already !

Heng ah, Ong ah, Huat ah !

Posted by success2628 > 1 month ago | 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.

Posted by afata08 > 1 month ago | Report Abuse

https://www.thestar.com.my/business/business-news/2023/04/05/og-stocks-set-to-get-a-boost

Posted by kingJ > 1 month ago | Report Abuse

Ini kali lah (hopefully)

Posted by hohlaiyet88 > 1 month ago | 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 Mabel > 1 month ago | Report Abuse

https://oilprice.com/Energy/Energy-General/Chinas-Crude-Oil-Imports-Soar-To-Highest-Level-In-Nearly-3-Years.html

Posted by skyinvestor > 1 month ago | Report Abuse

anyone buying this counter at current price?

Posted by skyinvestor > 1 month ago | Report Abuse

https://youtu.be/TJRuDTvP1bk

Posted by GregBursa > 1 month ago | Report Abuse

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

Posted by skyinvestor > 1 month ago | Report Abuse

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

Posted by newbie5354_ > 1 month ago | Report Abuse

Icon sound like PH con us voters?

Posted by Mabel > 1 month ago | Report Abuse

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

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

Posted by izoklse > 3 weeks ago | Report Abuse

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

Posted by 5354_ > 3 weeks ago | Report Abuse

So PNB can buy Icon?

Posted by 5354_ > 3 weeks ago | Report Abuse

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

Posted by M55555 > 3 weeks ago | 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

Posted by Mabel > 3 weeks ago | 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.”

Posted by Kayvera > 3 weeks ago | Report Abuse

Share price hasn't moved much tho

Posted by whistlebower99 > 19 hours ago | 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