Posted by 687423 > 2014-12-25 03:55 | Report Abuse

TH heavy and Icon should merge to form a single entity under TH eventually?

Posted by 687423 > 2014-12-25 06:26 | Report Abuse

Otherwise why should TH have 2 separate companies with almost same business? The advantages after a merger are obvious .... Just guessing .....

Posted by rlch > 2014-12-25 10:05 | Report Abuse

Ekuinas: No plans to unload Icon stake
BY HAMISAH HAMID - 25 DECEMBER 2014 @ 12:02 AM

KUALA LUMPUR: Ekuiti Nasional Bhd (Ekuinas) is not planning to sell its 42.3 per cent stake in oil and gas services provider Icon Offshore Bhd any time soon.

The government-linked private equity firm yesterday said it would only dispose of the stake at the end of its horizon period, which is typically between three and five years.

“As a private equity firm with an investment horizon of between three to five years, Ekuinas’ efforts on creating value for Icon Offshore are part of an ongoing process in our aim to transform the company into an industry leader,” it said in response to Business Times query.

Icon Offshore has been under heavy selling since Monday, bucking the benchmark FTSE Bursa Malaysia KLCI (FBM KLCI) uptrend this week.

At the end of morning session yesterday, Icon Offshore was down 1.5 sen lower to 73 sen. This is more than 60 per cent fall from its initial public offering (IPO) price of RM1.85.

The stock settled the day one sen lower at 73.5 sen and was among the top three actively traded with 35.27 million shares traded.

Icon Offshore made its debut on Bursa Malaysia’s Main Market on June 25 with a premium of RM2.10 over its RM1.85 IPO price and closed at RM1.91.

Ekuinas said it would
only divest its stake in Icon
Offshore when it believes the value of its investment has been maximised.

“Having facilitated its listing on Bursa Malaysia in June 2014, our focus now is more towards aggressively growing the business further and increasing profits to strengthen its position as the largest pure-play offshore support vessel company in the country and among the largest in the region,” it said.

For the third quarter ended September 30 2014, Icon Offshore’s net profit declined 16.89 per cent to RM18.95 million on the back of a 22.7 per cent drop in revenue to RM79.75 million.

Posted by James Teo > 2014-12-25 14:46 | Report Abuse

So , it means ....?

Posted by almufathal > 2014-12-25 14:55 | Report Abuse

it means...business is still business....profit up and down...but ekuinas will stay....normal la for glc..kih kih kih...even felda also tumble...

Posted by rlch > 2014-12-25 15:52 | Report Abuse

Posted by James Teo > Dec 25, 2014 02:46 PM | Report Abuse

So , it means ....?

Fear of Ekuinas selling(after 6 months lockup period) due to recent fall of Icon is not true. So is the drop due to Icon CEO Jamal Yusof(5.02% stake) selling? Media does not report neither is Bursa.

Posted by hula > 2014-12-25 16:01 | Report Abuse

more and more good news will come out.......relax, sit tight, ride the bull with Ekuinas taiko up to RM 2.70

Posted by alivetoinvest > 2014-12-25 16:29 | Report Abuse

Merry christmas and chilla.

Next week 0.995

Posted by 1007lsl > 2014-12-25 17:38 | Report Abuse

ICON
*******

I~saya CON~tipu

I~aku CON~bohong

I~guah CON~berdusta

I~beta CON~ temberang



feng-shui ICON tak sesuai
YING & YANG ICON tak seronok

sure-lah
harga Icon tentu LAUSAI(berak cair)

saya dengan humble-nya
minta high level management dari icon
jagan lagi menggunakan perkataan yang kurang sopan
diforum i3 investor .com ini

mereka itu (2 orang) pernah sebut


*CHELEKA* kepada i3 investor forumers
(tak lama selepas listing)
harga ICON turun

mereka (2 orang itu) sangat kurang ajar


sekarang ini harga icon
betul-betul

chelaka

MANUSIA YANG MENCADANG
TUHAN YANG MENENTU

hidup-lah icon!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!


dimana CORNER-STONE INVESTORS ICON pergi ?

sudah kena dicornered
dan distoned hingga nyawa-nyawa ikan ?



hidup-lah icon??????????????????????????????

Posted by gelita > 2014-12-25 20:41 | Report Abuse

Romeo (Icon) must die!

Posted by 1007lsl > 2014-12-25 23:44 | Report Abuse

tipu-helah itu
bukan prinsip MAS (golden rule)
in D business world


pandai-pandai tupai melompat
akhirnya jatuh ke tanah juga


berapa lamanya kami memerlukan
ALI PUNYA TONGKAT


lebih baik
minumlah KOPI TONGKAT ALIIIIIIIIIIIIIIIIIII-LEEEEEEEEEEE---------------

Posted by 1007lsl > 2014-12-26 00:00 | Report Abuse

MANUSIA YANG MENCADANG
AKHIRNYA
TUHAN MAHA KUASA
YANG MENUNTU

BERDOALAH

WAHAI INSAN MANUSIA

DEMI KEAMANAN,
KEHARMONIAN,
KESEJAHTERAAN,

NEGARA KITA
ANAK CUCU KITA
TANAH TUMPAH DARAH KITA


TOLONG-LAH
SAYANGKAN NEGARA KITA


TANAH TUMPAH DARAH KU

MALAYSIA .

Posted by rlch > 2014-12-26 09:48 | Report Abuse

No more no 1 hot stocks but price up. Better for shareholders?

Posted by tcw1134 > 2014-12-26 09:51 | Report Abuse

Kiss the board to do something

Posted by Jeremy Loi Fuang Suu > 2014-12-26 11:06 | Report Abuse

20% icon shareholders are corner stone investors -
Why some of them are willing to loss selling -50% ??? (after 6 months lockup period)

Posted by tjhldg > 2014-12-26 11:34 | Report Abuse

margin call :) ... investment bank cant do anything during lock up

Posted by tjhldg > 2014-12-26 11:35 | Report Abuse

so buy buy buy now ... ahhahahahaha

Posted by sheep > 2014-12-26 11:43 | Report Abuse

close 0.80 today

Posted by Andy88 > 2014-12-26 11:50 | Report Abuse

Why still unable to shot up?

Posted by alivetoinvest > 2014-12-26 11:56 | Report Abuse

Too many people enter.

Posted by rlch > 2014-12-26 12:20 | Report Abuse

Downtrend over. Uptrend now onward? Buy.

Posted by Andy88 > 2014-12-26 12:21 | Report Abuse

Bomming. Push ur hand up!!

Posted by alivetoinvest > 2014-12-26 12:26 | Report Abuse

Buy now. Comeon just go 1.00

Posted by flyup888 > 2014-12-26 12:28 | Report Abuse

.faster go up..dont let them buy !!

Posted by alivetoinvest > 2014-12-26 12:33 | Report Abuse

breakouttttt

Posted by 687423 > 2014-12-26 12:50 | Report Abuse

Who is selling this large volume???

Posted by rlch > 2014-12-26 12:52 | Report Abuse

Oil price up today.
http://www.bloomberg.com/energy/

Posted by 687423 > 2014-12-26 12:57 | Report Abuse

Almost 20 million shares this morning? I won't buy more til I have the answer......just my opinion.....

Posted by rlch > 2014-12-26 13:02 | Report Abuse

Everyday also high volume. Tabung Haji buying today or margin call selling over?

Posted by beso > 2014-12-26 13:21 | Report Abuse

from 2.1x to 0.7x, so it is time for a rebound, may be 10% only

Posted by hula > 2014-12-26 13:27 | Report Abuse

buy n keep......this will reap in big profits in 2015 when oil price goes up back to US70-75

Posted by 687423 > 2014-12-26 13:31 | Report Abuse

Supply for selling seems to be endless! Rebound not quite imminent.

Posted by hula > 2014-12-26 13:31 | Report Abuse

Icon is the largest OSV player in SEA and also the youngest fleets among its peers........u think carefully, price will shoot up once analysts open the eyes

Posted by hula > 2014-12-26 13:34 | Report Abuse

today is last day of selling..........next week is UP Flying Shooting UP.......grab while still cheap

Posted by 687423 > 2014-12-26 13:40 | Report Abuse

Margin calls usually in the late afternoon mah, Rich, early morning already so big volume? Where come?

Posted by stonenut > 2014-12-26 13:55 | Report Abuse

Petronas going to announce 2 new platforms. Icon will tow the platforms. Kaya this time.

Posted by hankc > 2014-12-26 14:08 | Report Abuse

Insiders of bumi O&G companies are selling like mad, leaving the balancing act to the like of EPF, tabung haji and other government funds. This one should take a while (like after US has successfully collapse the Russian economy). But for the brave ones, this is a good time to play on the volatility.

Posted by stonenut > 2014-12-26 14:19 | Report Abuse

As if epf and tabung haji sohai to collect.... buy when low...sell when high...

Posted by alivetoinvest > 2014-12-26 14:55 | Report Abuse

boring

Posted by 687423 > 2014-12-26 15:00 | Report Abuse

My simple understanding is this... It's all a test of your guts now , a once in 10 years opportunity to buy and make or lose money in O&G counters, so folks your bet?

Posted by 687423 > 2014-12-26 15:03 | Report Abuse

Remember, oil price is cyclic......you know !

Posted by Alpha Trader > 2014-12-26 15:19 | Report Abuse

Icon might be window dressed next week, possibly to 85cents

Posted by alivetoinvest > 2014-12-26 15:29 | Report Abuse

super long term of course double lah. but short term i donno

Posted by stonenut > 2014-12-26 15:47 | Report Abuse

Get ready ur camera... icon ship will tarik petronas oil platform to sea... good news ahead!

Posted by stonenut > 2014-12-26 16:15 | Report Abuse

Oil price up!!!! Libya main oil terminal being attack!!!!!!!

Posted by stonenut > 2014-12-26 16:16 | Report Abuse

http://wap.business-standard.com/article/pti-stories/crude-oil-futures-up-on-asian-cues-114122600180_1.html

Posted by Jim Sted Power > 2014-12-26 16:33 | Report Abuse

if saudi kena attack, oil wil up la.. libya kacang putih only

Posted by Insanity > 2014-12-26 17:09 | Report Abuse

http://cnews.cari.com.my/news.php?id=704586

Posted by Risk Trader > 2014-12-26 17:32 | Report Abuse

TP for next week above 0.80 cent.

Posted by Tonto > 2014-12-26 18:20 | Report Abuse

Hue aaa.....if over 80 ct, ...my CA and CB.....sure fly one!!