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KLSE (MYR): ICON (5255)

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Last Price

1.12

Today's Change

0.00 (0.00%)

Day's Change

1.10 - 1.17

Trading Volume

1,781,700


11 people like this.

12,132 comment(s). Last comment by 5354_ 1 week ago

Posted by supermanhitam > 2023-09-22 16:02 | Report Abuse

Elankay your news is half year ago already , now Europe already stop supply to Asia because stock no much to supply his own countries . ICON will go for more high

Posted by sapurainsider > 2023-09-22 16:08 | Report Abuse

Elankay so far no news on the consolidation .. have to further monitor , but thn consolidation or not this company is only a one way ticket : UP

Posted by supermanhitam > 2023-09-22 16:14 | Report Abuse

sapurainsider this counter is Up only , not easy to buy

bullrun168

402 posts

Posted by bullrun168 > 2023-09-25 08:23 | Report Abuse

JPMorgan Analyst Sees Energy Supercycle With Oil As High As $150
By Julianne Geiger - Sep 22, 2023, 4:30 PM CDT
https://oilprice.com/Latest-Energy-News/World-News/JPMorgan-Analyst-Sees-Energy-Supercycle-With-Oil-As-High-As-150.html

JPMorgan’s head of EMEA energy equity research, Christyan Malek, warned markets on Friday that the recent Brent price surge could continue upwards to $150 per barrel by 2026, according to a new research report.
Several catalysts went into the $150 price warning, including capacity shocks, an energy supercycle—and of course, efforts to push the world further away from fossil fuels.
Most recently, crude oil prices have surged on the back of OPEC+ production cuts, mostly led by Saudi Arabia who almost singlehanded took 1 million bpd out of the market, followed by a fuel export ban from Russia. Increased crude demand paired up with the supply restrictions, boosting crude oil prices and contributing to rising consumer prices.

Brent prices were trading around $93.55 on Friday afternoon, but Malek expects Brent prices between $90 and $110 next year, and even higher in 2025.
“Put your seatbelts on. It’s going to be a very volatile supercycle,” Malek told Bloomberg on Friday, as the analyst warned about OPEC’s production cuts and a lack of investment in new oil production.
JPMorgan said in February this year that Oil prices were unlikely to reach $100 per barrel this year unless there was some major geopolitical event that rattled markets, warning that OPEC+ could add in as much as 400,000 bpd to global supplies, with Russia’s oil exports potentially recovering by the middle of this year. At the time, JPMorgan was estimating 770,000 bpd in demand growth from China—less than what the IEA and OPEC were estimating.
JPMorgan now sees the global supply and demand imbalance at 1.1 million bpd in 2025, but growing to a 7.1 million bpd deficit in 2030 as robust demand continues to butt up against limited supply.
By Julianne Geiger for Oilprice.com

Posted by sapurainsider > 2023-09-25 15:35 | Report Abuse

0.12 finally buy matched today. Nice

Posted by supermanhitam > 2023-09-25 16:06 | Report Abuse

so lucky today can buy in 0.12 , so so lucky . TQ

Posted by supermanhitam > 2023-09-25 16:07 | Report Abuse

sapurainsider ya must but , normally monday all jatuh and tomorrow all naik gila

sheep

3,844 posts

Posted by sheep > 2023-09-25 16:21 | Report Abuse

hahaha...con man dumping....back to 0.06...you buy you die...wakakaka

Posted by supermanhitam > 2023-09-25 16:24 | Report Abuse

sheep i just buy 0.115 , we look and see ya . all malaysia jatuh . not ICON only

Michael R.

4,779 posts

Posted by Michael R. > 2023-09-25 16:25 | Report Abuse

risky .. back 0.095..

Posted by sapurainsider > 2023-09-25 16:32 | Report Abuse

If you see all sheep posting its about bashing counters , just ignore him. Bash so much but ownself sure buying hahha

Posted by supermanhitam > 2023-09-25 16:35 | Report Abuse

sapurainsider we see tomorrow ya . today all saham malaysia jatuh only

Posted by supermanhitam > 2023-09-26 09:19 | Report Abuse

Very lucky today still can buy in 0.115 . wowo

Michael R.

4,779 posts

Posted by Michael R. > 2023-09-26 11:50 | Report Abuse

0.095.. not too far..

Jerung

389 posts

Posted by Jerung > 2023-09-26 11:58 | Report Abuse

The trend like yesterday left to right hand than huge vol dump ...

Joker68

58 posts

Posted by Joker68 > 2023-09-26 12:19 | Report Abuse

waiting below 0.1

Posted by sapurainsider > 2023-09-26 15:36 | Report Abuse

Below 0.1 ? Not possible. Lowest 0.1 still got. Only one way : UP

Posted by supermanhitam > 2023-09-26 16:16 | Report Abuse

i still believe can go for 0.15 , so i keep buying . this is good time to buy

Posted by sapurainsider > 2023-09-26 17:29 | Report Abuse

PE 5 = 0.3
PE 8 = 0.48
This counter undervalue until want to rot edi , at least PE 5

Posted by maggigoreng > 2023-09-26 20:02 | Report Abuse

how did you arrive at 0.3, please explain

Posted by sapurainsider > 2023-09-27 08:56 | Report Abuse

Assume PE will hit 5 , price will hit 0.3

5354_

4,736 posts

Posted by 5354_ > 2023-09-27 09:09 | Report Abuse

USD 150 oil possible? Icon 0.5 also possible.

Posted by supermanhitam > 2023-09-27 11:39 | Report Abuse

very happy even USD150 oil possible , today still can buy in 0.115 . after this sure huat huat .hope still got luck can buy 0.10 .

Posted by supermanhitam > 2023-09-27 11:40 | Report Abuse

sapurainsider must buy , sure not rugi . this is very good price to buy in

Posted by sapurainsider > 2023-09-27 12:04 | Report Abuse

I buy until no money already , how to buy ? just keep waiting for 0.3

Posted by maggigoreng > 2023-09-27 12:05 | Report Abuse

how did you get 6cts per year profit sapurainsider, one time inflated this year due to sale of offshore rig.

bullrun168

402 posts

Posted by bullrun168 > 2023-09-28 06:23 | Report Abuse

Oil price spike up Like mad…
Brent $96.55 +2.59 +2.76 %

bullrun168

402 posts

Posted by bullrun168 > 2023-09-28 06:43 | Report Abuse

Oil climbs 3% as steep US crude stocks draw adds to supply concerns
By Arathy Somasekhar
September 28, 2023 3:06 AM

https://www.reuters.com/markets/commodities/oil-prices-edge-higher-markets-focus-supply-tightness-2023-09-27/

HOUSTON, Sept 27 (Reuters) - Oil prices surged 3% on Wednesday to the highest settlement in 2023, after a steep drop in U.S. crude stocks compounded worries of tight global supplies.
Brent crude futures closed up $2.59, or 2.8%, at $96.55. It breached $97 a barrel during the session.
U.S. West Texas Intermediate crude futures (WTI) climbed $3.29, or 3.6%, to $93.68. The session high was over $94.
U.S. crude stocks fell by 2.2 million barrels last week to 416.3 million barrels, government data showed, far exceeding the 320,000-barrel drop analysts expected in a Reuters poll.

Crude stocks at the Cushing, Oklahoma, storage hub, delivery point for U.S. crude futures, fell by 943,000 barrels in the week to just under 22 million barrels, the lowest since July 2022, data showed.
"The market is being led up by storage numbers as we are getting to the minimum operational inventories at Cushing," said Andrew Lipow, president of Lipow Oil Associates.
Stockpiles at Cushing have been falling closer to historic low levels due to strong refining and export demand, prompting concerns about quality of the remaining oil at the hub and whether it will fall below minimum operating levels.

Prices fell last week but were rallying again as markets worried about tight supplies heading into winter, following production cuts of 1.3 million barrels a day to the end of the year by Saudi Arabia and Russia of the Organization of the Petroleum Exporting Countries and allies known as OPEC+.
"Until a decision to raise production is made, the global energy market will remain tight," Ole Hansen, Head of Commodity Strategy at Saxo Bank, said.

bullrun168

402 posts

Posted by bullrun168 > 2023-09-28 10:26 | Report Abuse

Oil Prices ‘Melt Up’ in a March Toward $100 a Barrel
By Stanley Reed Sept. 27, 2023, 12:50 p.m. ET

https://www.nytimes.com/2023/09/27/business/oil-price-100-barrel.html

Analysts have raised their forecasts for oil prices, as they try to understand Saudi Arabia’s intentions with recent production cuts.

Many energy analysts think that oil prices will soon rise above $100 a barrel for the first time in more than a year, since the turmoil that followed Russia’s invasion of Ukraine. The price of Brent crude, the international benchmark, has gained about 30 percent since the start of July, trading at about $96.50 a barrel on Wednesday.
“I think prices are starting to melt up,” said Robert McNally, president of Rapidan Energy Group, a research firm.

Driving the rise, analysts say, is the deep reduction in oil output orchestrated by Saudi Arabia over the last year. The kingdom’s ability and willingness to add and subtract supplies gives it substantial sway over the market for this crucial commodity.
Climbing oil prices increase energy costs for consumers and businesses, weighing on the global economy. In the United States, the price of crude oil accounts for about half the price of gasoline. Rising pump prices are squeezing motorists, complicating the Federal Reserve’s fight against inflation and stoking concerns over the Biden administration’s economic stewardship…..

Posted by sapurainsider > 2023-09-28 11:54 | Report Abuse

one way up

fairyz

325 posts

Posted by fairyz > 2023-09-28 14:46 | Report Abuse

Brent 100usd again soon......the only way is up?

Posted by EngineeringProfit > 2023-09-28 15:07 | Report Abuse

The last lapse of crazy black gold rush........(before the new chapter of energy - clean only)

Posted by sapurainsider > 2023-09-28 22:04 | Report Abuse

Gonna ding dong 0.11 - 0.125 for some time , thn heading to 0.3

Joker68

58 posts

Posted by Joker68 > 2023-09-29 17:13 | Report Abuse

Approaching 0.1

Posted by sapurainsider > 2023-10-02 11:01 | Report Abuse

0.1 HAHAHHAHHHA your name sums it all , wait long long for 0.1 ya

Posted by supermanhitam > 2023-10-02 15:48 | Report Abuse

today 0.12 how about tomorrow ?

bullrun168

402 posts

Posted by bullrun168 > 2023-10-03 09:31 | Report Abuse

Hurrey, super damn hot man ICON today ! 

Now ICON already at
0.12 (+0.005) (+4.4 %)

DickyMe

14,631 posts

Posted by DickyMe > 2023-10-03 16:09 | Report Abuse

Locked in profit, sold some @ 12 sen.

Posted by EngineeringProfit > 2023-10-03 16:10 | Report Abuse

Wow.................u manage to run away with profits

DickyMe

14,631 posts

Posted by DickyMe > 2023-10-03 16:17 | Report Abuse

Tight gap swing counter

trapped

181 posts

Posted by trapped > 2023-10-05 09:36 | Report Abuse

IPO RM 1.8 a scam. Even 15 sen hard nowadays.

trapped

181 posts

Posted by trapped > 2023-10-05 09:36 | Report Abuse

GE16 vote PN or Muda better those like myself.

Jerung

389 posts

Posted by Jerung > 2023-10-05 14:39 | Report Abuse

Sakit hati x move2

Posted by supermanhitam > 2023-10-05 15:17 | Report Abuse

Jerung TAKPE , minyak share akan up lagi

Posted by sapurainsider > 2023-10-06 09:06 | Report Abuse

as mention gonna ding dong 0.11 - 0.125 for some time.. but next will be at 0.3 just be patient

Posted by supermanhitam > 2023-10-06 14:57 | Report Abuse

sapurainsider for sure , ada duit must keep . very good . i believe

Posted by sapurainsider > 2023-10-08 18:26 | Report Abuse

Yes is super good.. exciting week coming up for Icon

bullrun168

402 posts

Posted by bullrun168 > 2023-10-09 09:56 | Report Abuse

Wow, oil price spike up like mad !
Brent now at $88.37 +$3.79 +4.48 %

bullrun168

402 posts

Posted by bullrun168 > 2023-10-09 10:00 | Report Abuse

‘Knee-jerk surge’: Oil experts predict market impact of Israel-Hamas conflict
PUBLISHED SUN, OCT 8 20233:08 AM EDT

https://www.cnbc.com/2023/10/08/israel-hamas-oil-experts-expect-knee-jerk-reaction-in-energy-markets.html

Crude oil prices could see a spike on Monday but the overall impact of the attack on Israel by Palestinian militants Hamas will likely be limited, energy experts told CNBC.
That’s provided the conflict does not escalate further, they said.
“We may see a knee-jerk surge in crude prices when markets open on Monday,” Vandana Hari, CEO of Vanda Insights, told CNBC via email.
“There will be some risk premium factored in as a default, until the market is satisfied that the event is not setting off a chain reaction and Mideast oil and gas supplies won’t be affected,” said Hari.
Militants from Hamas — designated by the U.S., European Union and the U.K. as a terrorist organization — infiltrated Israel by land, sea and air on Saturday, during a major Jewish holiday. The incursion came hours after the Islamist militants fired thousands of rockets into Israel from Gaza...

bullrun168

402 posts

Posted by bullrun168 > 2023-10-09 10:08 | Report Abuse

Oil Jumps as Hamas’ Attack on Israel Fans Middle East Tensions
By Serene Cheong and Elizabeth Low October 9, 2023 at 6:05 AM

https://www.bloomberg.com/news/articles/2023-10-08/oil-rallies-by-more-than-3-after-hamas-attacks-against-israel

Oil surged 5% after Hamas’ surprise attacks on Israel over the weekend, the broadest and bloodiest in decades, threatened to inflame tensions in the Middle East.
West Texas Intermediate traded near $87 a barrel as a war-risk premium returned to markets. The combined death toll topped 1,100 as fighting headed into a third day, while the US said it was sending warships to the region.
The latest events in Israel don’t pose an immediate threat to oil supply, but there’s a risk the conflict could spiral into a more devastating proxy war, embroiling the US and Iran. Any retaliation against Tehran amid reports it was involved in the attacks could endanger the passage of vessels through the Strait of Hormuz, a vital conduit that Iran has previously threatened to close...

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