Yes must hold a few weeks to see profit. All this big counters style is like tat one. For eg, astro, westports, umwog, titijaya all open weak but look at it now... I am holding til rm2.50 too
when dsonic drops, all the people who didn't buy are laughing at those who're holding... when dsonic rise, all the people who didn't buy diam diam at corner there pressing their balls same story everywhere, just ignore those who're trying to cause panic sales same story happens to a lot of counter, once you get used to it, you don't really give a shit on them lol
this is the spirit guy!!! today scenario only to scare the ikan bilis investor, Real investor wait until Rm2.30-2.50 and sell due time to come. so happy buying at Rm1.92. This is classic example like Pchem, Gas Malaysia, Astro listing ( Astro slaughter many ), keep in due time, all of us will be rewarded. Agree with twim. Just need to control your emotion, dont panic and settle for chicken feed profit or cut your lost to soon. Tomorrow Boustead turn, hope for the best.
Need to clear all the weak holders and those on share financing...tmoro maybe press down lagi. I will buy some more at rm1-85-1.88 but dunno can get or not. Today jumped in at rm1.97. Ipo keep in freezer....iconic ts chua ma you is a cornerstone wo...scared meh ? Steady mannn
I'm curious, why all of you are so pessimistic, the price closed 0.06 higher than IPO price, aren't this a good sign? Why the price has to drop on tmr? You never know what'll happen. Cheer up. hahaha.
ipo stock have to buy slow-slow (4 to 5 lots at a time). The share price is not as high if to compare like top glove that drop from 6.00 to 4.50 . Drop like that will have heart attack.
If the worst case it drop to 1.50 same price as alam, it is not more than 1.00 drop. therefore, average small-small about 8% drop per time.
Sure technically, it will rebound one day. Don't cut loss, as when it rebound , you will regret. Don;t follow the herd- People jump, you also jump.
Chua Ma Yu bought at 1.85 and i think he will hold more than a year. This people make big money bcos they don;t panic. They are steady.
Icon Offshore's after-tax profit for the quarter ended March 31, 2014 jumped 525% to RM19.5mil from RM3.12mil a year earlier while its revenue came in at RM80.1mil, up 22.6% from RM65.3mil previously.
It raised RM944.9mil under its IPO. The amount raised was the top end of the guidance provided by the company which is majority owned by Ekuiti Nasional Bhd.
Icon Offshore was a merger between Tanjung Offshore Bhd's offshore support vessel (OSV) unit, which Ekuinas bought in 2012, and Omni Petromaritime Sdn Bhd in a deal put together by Ekuinas in 2012.
Malaysia's Icon Offshore Bhd, whose ships offer support services for oil platforms, rose 12% in its market debut, with investors keen on its growth outlook given heavy capital spending plans by state oil firm Petronas.
Icon, 88% held by Ekuiti Nasional (Ekuinas), a government-owned private equity fund, is the country's largest pure-play offshore service vessel provider, with 32 ships and 14% of the domestic market.
It has a young fleet with an average age of 5 years compared to 11 for Southeast Asian rivals and is well placed to benefit from Petroliam Nasional Bhd's (Petronas) efforts to increase oil production.
the weekly edge said icon has a low PEG ratio that is significant below its peers despite high PE. A low PEG ratio signifies the undervaluation of a stock, given its earning performance.
The PEG ratio is used to determine a stock value after factoring in the company earning GROWTH. It is viewed as a better measure than the PE.
So , hold this baby. Grow it until it become adult and let it go after she has married.
Today, she is just one day old and you all start to abandon her.
Petronas, however, accounted for 80% of Icon's revenue last year and heavy dependence on the state oil firm could work against Icon if Petronas decides to scale back its plans.
BNP Paribas, Credit Suisse and Maybank Investment Bank were joint global co-ordinators of the IPO.
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zamsaham
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Posted by zamsaham > 2014-06-25 16:41 | Report Abuse
ya la, sabar.
Its not DATASONIC.
Wait, not selling for peanut.