Posted by rlch > 2015-01-07 20:51 | Report Abuse

Not affected by PETRONAS 30% capex cut as "a significant portion of the Group’s orderbook are long term (more than one year) in nature, providing the Group with cash flow stability and earnings visibility".

Posted by ongmarine > 2015-01-08 07:37 | Report Abuse

saya tunggu sampai 0.50 sen baru mau angkat sebab kita orang kecik2 punya investor. Kalau harga jatuh banyak2 nanti wang habis. orang kecik main pun kecik2 saja, lain lah orang kaya cashflow masuk saja macam hujan dieast coast saja. so kena control sikit

Posted by paulthesotong > 2015-01-08 07:54 | Report Abuse

Look even LTH freak at this price. When its last purchased? 15-12-2014.

Posted by kyjoon > 2015-01-08 09:12 | Report Abuse

macam sudah datang ...

Posted by James Teo > 2015-01-08 09:51 | Report Abuse

MACAMMANA LU TAU ? INI COUNTER NAMA : I CON YOU TAU KAH ?

Posted by kentlim > 2015-01-08 10:04 | Report Abuse

macam sudah datang apa ini? turun atau naik?

Posted by orgkaya > 2015-01-08 10:43 | Report Abuse

maciam sulah latang talik nyawa loooo

Posted by rlch > 2015-01-08 11:00 | Report Abuse

Oil price up.
Crude Oil (WTI) USD/bbl. 49.18 +0.53
Crude Oil (Brent) USD/bbl. 51.57 +0.42
http://www.bloomberg.com/energy/

Posted by kyjoon > 2015-01-08 13:14 | Report Abuse

i just pray it go up back to RM1 at least .. so my icon-cb can follow

Posted by sengkee > 2015-01-08 13:22 | Report Abuse

Reverse trend?

Posted by johnchong > 2015-01-08 13:52 | Report Abuse

Just for info

According to a report by Oxford Institute for Energy Studies in March 2014, the shale gas production cost in the US may vary from US$2 to US$7 per MMBTU while shale oil production cost is between US$34 and US$91 per barrel.

The current Henry Hub natural gas price is hovering around US$3.50 per Mcf (1 Mcf ~ 1MMBTU), which means that all but four of the shale basins are loss making. Most of the shale gas production costs range about US$3.60 per Mcf to US$6.00 per Mcf while oil production costs are concentrated around the US$50 to US$70 per barrel range. The
latter is more expensive than other inland oil fields’ operating cost and the operations are more sensitive to energy prices.

We see the current natural gas price weakness being attributed to the sharp increase in production level and slower than expected usage,
which disrupted the demand-supply equilibrium.

We reckon that such pricing level is not sustainable and the shale operators will demand higher gas prices in return for additional CAPEX. This may lead to higher gas prices and subsequently, higher oil prices.

Posted by johnchong > 2015-01-08 14:04 | Report Abuse

There's always a tendency to swing to the extreme and is illogical.

Stay cool and focus. Buy the illogical low extreme and be patient.

"Foong chui ee ta two put par" (Fear not the windy rain and storm)
Excuse me for the poor Chinese wordings - me not Chinese ed.

Posted by Insanity > 2015-01-08 14:08 | Report Abuse

no more cheap sale ? Im still waitng another lowest record

Posted by johnchong > 2015-01-08 14:13 | Report Abuse

Find your own low price that you are comfortable with at your own pace

Posted by trader96 > 2015-01-08 18:37 | Report Abuse

IPO 1.85 drop to now 0.635 really shit counter。。。

Posted by James Teo > 2015-01-09 00:28 | Report Abuse

Then , wat to do ? Keep lorrrrr.......

Posted by Risk Trader > 2015-01-09 00:48 | Report Abuse

Sell icon and buy krono is better performance for long term

Posted by rlch > 2015-01-09 11:14 | Report Abuse

Maybank latest TP 98sen, why still drop. Company making money, Tabung Haji, Ekuinas still not selling, why the fear until need to sell at loss?

Posted by rlch > 2015-01-09 11:15 | Report Abuse

If we practice cut loss in every counters we buy, sooner or later we will run out of cash.

Posted by another77 > 2015-01-09 13:43 | Report Abuse

Rich, I agreed with you, so many people are asking us to cut lost, cut lost when price go down by x% (or tolerance level), little do they know we are small investors. If every time price drop also need to cut lost, then die lah.

Posted by SHQuah > 2015-01-09 14:58 | Report Abuse

http://www.marketwatch.com/story/investing-in-oil-can-cause-pain-now-but-produce-profits-later-2015-01-08

Posted by rlch > 2015-01-09 15:44 | Report Abuse

School reopen next week. Fund manager also return to work?

Posted by James Teo > 2015-01-10 11:46 | Report Abuse

1st day of school , fund manager have to monitor their child at school , no time to monitor market......

Posted by Insanity > 2015-01-11 10:30 | Report Abuse

Your patience will be rewarded if you can wait as long as a year

Posted by Lollipot Anison > 2015-01-11 10:33 | Report Abuse

too late to cut already for those buy very high. If you know you're wrong in first place, always remember to cut as soon as possible. The thoery is to win big and loss small always.

Posted by stonenut > 2015-01-12 12:54 | Report Abuse

Die lor..

Posted by James Teo > 2015-01-12 14:54 | Report Abuse

they try to push further down....

Posted by bullrun18 > 2015-01-12 21:46 | Report Abuse

Very cheap now can consider buy some .

Posted by James Teo > 2015-01-12 22:13 | Report Abuse

how cheap means cheap ? wonder where is the bottom....

Posted by James Teo > 2015-01-12 22:14 | Report Abuse

can tomolo even cheaper ?

Posted by systane > 2015-01-12 22:30 | Report Abuse

syndicate collecting today already... slight rebound of crude oil, icon will fly.. sentiment play

Posted by maxlim > 2015-01-12 22:31 | Report Abuse

oil fall to 46 where got up?

Posted by Harvard57 > 2015-01-13 01:34 | Report Abuse

Told u guys oil will crash after Xmas, still don't listen, let me warn again after winter, when oil is in surplus,it will dip further. Now US is re fix the oil price after paris attack by ISIS , if ISIS is not destroy us want the oil to trade at 45, us want Russia economy collapse n reverse damage the china economy. Slowly u will see china distant from Russia n b more friendly with japan n korea. Simple as that,u allied with us, will be the biggest beneficier , do u know which 3 countries are enjoying the low oil price ? Of course us friends of japan,korea n spore lah.

Posted by bullrun18 > 2015-01-13 11:20 | Report Abuse

Oil price low is good timing buy O & G stock .

Posted by annmix > 2015-01-13 12:58 | Report Abuse

Yes n oil n g counter no more panic sell despite oil price sharp drop. Its good to start accumulating for long terms..

Posted by kalim288 > 2015-01-13 13:11 | Report Abuse

yeah, long terms for 100 years?

Posted by annmix > 2015-01-13 13:15 | Report Abuse

1-2 year kalim. If u hv 100 year life why not.. mayb u already become super multimillionair if u buy now..

I bought perisai n icon yesterday.. today i can already see some profit. No need to wait 100 years

Posted by stonenut > 2015-01-13 13:16 | Report Abuse

Buy and wait all oil and gas counters now super cheap. Next year crude oil will double shortage crisis

Posted by stonenut > 2015-01-13 13:22 | Report Abuse

Actually u guys dont know that america is keep on buying on saudi oil.. which benefits both sides.
when buying stops they will increase the price and earn. Dont listen and watch opera too much. Is a business strategy.

Posted by maxlim > 2015-01-13 19:41 | Report Abuse

i think it will drop further to 40 and rm will further drop also

Posted by Forever > 2015-01-14 08:54 | Report Abuse

See you at 0.400.

Posted by flyup888 > 2015-01-14 08:56 | Report Abuse

if ISIS attack saudi....who can predict the oil price? biggest oil exporter been attacked? once touch bottom oil rebouding..

Posted by flyup888 > 2015-01-14 09:02 | Report Abuse

hard to predict...

Posted by win1 > 2015-01-14 10:52 | Report Abuse

ICON 1.78 after CNY ....HOLD...................

Posted by kalim288 > 2015-01-14 15:11 | Report Abuse

1.78? next 10 years ke?

Posted by Andy88 > 2015-01-14 17:09 | Report Abuse

New low closing again~

Posted by bullrun18 > 2015-01-14 18:11 | Report Abuse

1.78 not so easy 0.78 maybe can .

Posted by DeHouse > 2015-01-14 18:47 | Report Abuse

hi Win1, 1.78 after next Chinese new year 2016 is possible. you can buy in this price now, and accumulate, it might go down further, but pretty close to bottom already. but don't expect a big lead.

Posted by DeHouse > 2015-01-14 18:48 | Report Abuse

until next year

Posted by rlch > 2015-01-14 18:52 | Report Abuse

Contract already signed with PETRONAS cannot be simply terminated even if oil drop.