ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.28

Today's Change

0.00 (0.00%)

Day's Change

1.27 - 1.35

Trading Volume

4,833,000


11 people like this.

12,150 comment(s). Last comment by mf 10 hours ago

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-05 15:59 | Report Abuse

If you check post IPO Tabung Haji has been steadily increase their stake even suffering huge loss. Are their fund managers dumb?
http://klse.i3investor.com/servlets/stk/annchsh/5255.jsp

Posted by dumbcommentalot > 2015-07-05 20:29 | Report Abuse

You are the dumb one

kimssiat

1,088 posts

Posted by kimssiat > 2015-07-06 10:20 | Report Abuse

Why look at this share?

Goodnews

288 posts

Posted by Goodnews > 2015-07-06 10:34 | Report Abuse

kimssiat Icon majority shareholder is Ekuinas which is 100% owned by government. Compare to other O&G counters(eg KNM, Alam, Perisai, etc) Icon is cheap now. Can be a target for takeover eg Puncak which want to enter O&G after exiting their water business.

Goodnews

288 posts

Posted by Goodnews > 2015-07-06 10:44 | Report Abuse

Icon cheaper than Armada, Pantech, Barakah, Coastal, Uzma, etc. Who want to sell cheap go ahead. Buy more today 41-42sen.

JoshuaMS7

4,309 posts

Posted by JoshuaMS7 > 2015-07-06 19:27 | Report Abuse

No hope for this counter, always keep dropping, wti downtrend very fast! 53 usd now!

peter123

2,125 posts

Posted by peter123 > 2015-07-07 17:47 | Report Abuse

Expect to go below 0.4 in the coming weeks

Harold Huong

1,036 posts

Posted by Harold Huong > 2015-07-08 17:06 | Report Abuse

Very bad market...

Posted by dumbcommentalot > 2015-07-09 09:49 | Report Abuse

PLEASE BUY MORE SMART OIL N GAS

687423

627 posts

Posted by 687423 > 2015-07-13 13:04 | Report Abuse

35 sen coming?

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-13 13:26 | Report Abuse

In news we always hear many cases involve MACC checking even our PM Najib. Which MACC case end up in prosecution? Likewise Icon case so far no news meaning is good news.

687423

627 posts

Posted by 687423 > 2015-07-13 16:23 | Report Abuse

Whatever it is, the big boys including the ex captain are all starting to jump overboard. What happened to the ship, rich?

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-14 15:35 | Report Abuse

What speakup said is not true.

Posted by speakup > Jun 26, 2015 12:25 PM | Report Abuse

i agree w/ datasonic. reputation spoilt already how to get new contracts????

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-14 15:36 | Report Abuse

Not bad. Still manage to win RM 55 million contract announced today.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4802197

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-14 15:41 | Report Abuse

Order book now RM 835 million. People buy expensive O&G stocks today I add more Icon.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/4802197

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-14 16:37 | Report Abuse

Cheapest profitable O&G stocks. People sell cheap I buy more.

SHQuah

5,363 posts

Posted by SHQuah > 2015-07-15 16:31 | Report Abuse

According to Saturday Thestar paper, Petronas this year is producing more oil than last year.
Down stream oil support is actually getting more job than last year.

aa8888

1 posts

Posted by aa8888 > 2015-07-18 00:02 | Report Abuse

My friend, contract RM55 million from 6 months ago adi. Wait til you see what other contracts they can get

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-21 10:36 | Report Abuse

O&G contract increase RM 55 million but price down. Good to add today.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-22 08:49 | Report Abuse

Cheapest making money O&G counter. Time to buy more when people sell cheap. Cheaper than Perisai, Alam, KNM, TAS, Pantech, etc why cannot buy?

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-22 08:51 | Report Abuse

Cheapest making money O&G counter. Time to buy more when people sell cheap. Cheaper than Perisai, Tg Offshore(loss making somemore) Alam, KNM, TAS, Pantech, etc why cannot buy?

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-22 09:20 | Report Abuse

BN counter. Easier to get contract from PETRONAS. Load up more today.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-22 09:53 | Report Abuse

I buy cheap stock to save money. Money saved can be used to buy more other stocks. If coming QR better than last QR what happen to those selling cheap?

SHQuah

5,363 posts

Posted by SHQuah > 2015-07-22 13:40 | Report Abuse

July 30, the Secretary General of the Organization of the Petroleum Exporting Countries Abdalla Salem el-Badri will hold a meeting with Russian Energy Minister Alexander Novak to discuss the oil and gas markets. Russia and OPEC share a common interest in wanting to boost oil prices

Posted by rareorientals > 2015-07-22 17:17 | Report Abuse

what happen? market down ICON down, market up ICON still down...

Posted by ageetkumar > 2015-07-23 17:45 | Report Abuse

Just a simple thought exercise. Icon has got 38 vsls (incl. 4 on order). At an average value of USD 8 mil/vsl this translates to roughly MYR 1.2 Bn. The Company has aprox. RM 700 mil debt. (from last yr financials). So net value attrib. to shareholders is approx. 500 mil. At RM 0.4/share the market value is roughly RM 470 mil. So is it currently undervalued?

tjhldg

27,218 posts

Posted by tjhldg > 2015-07-24 00:02 | Report Abuse

knn

687423

627 posts

Posted by 687423 > 2015-07-24 02:54 | Report Abuse

Are you sure the average value per vessel is USD 8 million? Seems too simplified .....RM 30 million moh ! Can estimate like that kah ? Some may be due to be scraped. Hahaha....

Posted by stocker123 > 2015-07-26 22:47 | Report Abuse

anyone buying since IPO?? this counter is a scam....damn

687423

627 posts

Posted by 687423 > 2015-07-27 10:05 | Report Abuse

Where are the reputable promoters luring ppl to buy ....even after uncertainties ?

687423

627 posts

Posted by 687423 > 2015-07-27 10:08 | Report Abuse

Maggots like to come to rotten places...

speakup

26,551 posts

Posted by speakup > 2015-07-27 10:19 | Report Abuse

look at sedania, xin hwa, ikhmas.....semua bagus bagus.

Loh Kok Wai W

3,642 posts

Posted by Loh Kok Wai W > 2015-07-28 21:12 | Report Abuse

icon....will drop 20cts....

Harold Huong

1,036 posts

Posted by Harold Huong > 2015-07-28 22:45 | Report Abuse

Relax

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-29 08:43 | Report Abuse

Even DPM can be removed or changed as shown by Najib yesterday, so what is change of Icon CEO Dr Jamal.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-29 08:48 | Report Abuse

Icon order book remain healthy over RM 800 million currently. This year still manage to get new O&G contracts meaning it is far better than many similar counters. Recent selldown is further chance to buy when cheap.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-30 16:28 | Report Abuse

Why still zzz? Need to wait QR or more O&G contract win?

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-30 16:35 | Report Abuse

Cheaper than Tg Offshore, Alam, KNM, TAS and many others why nobody want? Let me collect more when people sell cheap.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-30 16:38 | Report Abuse

If return to IPO price RM 1.85 I made over 4X return buying now.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-31 15:08 | Report Abuse

Good buy when cheap. No mess here as still got RM55 million new contract won.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-07-31 15:10 | Report Abuse

Good QR likely next month. Better buy when cheap not expensive to make money.

687423

627 posts

Posted by 687423 > 2015-07-31 16:32 | Report Abuse

Oil n gas. If you were in the army you could be a commando. Die suat....

687423

627 posts

Posted by 687423 > 2015-07-31 16:35 | Report Abuse

I heard the same old song when price was 70 sen. CHEAP?

speakup

26,551 posts

Posted by speakup > 2015-07-31 17:03 | Report Abuse

icon, suncon, pilecon....i avoid all stocks with -con in their name.

Harold Huong

1,036 posts

Posted by Harold Huong > 2015-08-02 13:06 | Report Abuse

What Stock Name good to buy?? Beside con con

687423

627 posts

Posted by 687423 > 2015-08-02 13:28 | Report Abuse

I went thro the list... Those begins with letter U.....

blackul66

1,334 posts

Posted by blackul66 > 2015-08-03 12:01 | Report Abuse

i con you, you con me, we're a happy family

nice1

819 posts

Posted by nice1 > 2015-08-03 12:29 | Report Abuse

this one down 80% frm ipo price. no more tears, all dry

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-03 15:56 | Report Abuse

Oil & gas counters must compare with similar counters not orange with apple. Why those selling cheap but buy Perisai, Alam, KNM, TAS, etc at higher price? Somemore new contract won meaning all not too bad. Others(O&G) also cannot win contract.

annmix

1,521 posts

Posted by annmix > 2015-08-03 16:08 | Report Abuse

37sen now, doesnt look good

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