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 8 hours ago

IPMan3

76 posts

Posted by IPMan3 > 2015-11-06 10:20 | Report Abuse

still holding Icon bought earlier at 53 sen. dont know when can recover.

ahson

368 posts

Posted by ahson > 2015-11-06 15:42 | Report Abuse

im holding since 73 sen... IPMan3 u will never walk alone.

richkid1

398 posts

Posted by richkid1 > 2015-11-07 12:09 | Report Abuse

Wait for Petronas ex-MD to join on board to bring changes in Icon business and perhaps Icon name as well.

richkid1

398 posts

Posted by richkid1 > 2015-11-07 12:10 | Report Abuse

At least Icon is still making money and NTA keep rising.
http://klse.i3investor.com/servlets/stk/fin/5255.jsp

BN_menang

2,982 posts

Posted by BN_menang > 2015-11-07 17:56 | Report Abuse

Najib: BN must win to realise its transformation plan
http://www.thestar.com.my/News/Nation/2015/11/07/Najib-BN-must-win-to-realise-its-transformation-plan/

jolie2

2,039 posts

Posted by jolie2 > 2015-11-07 18:11 | Report Abuse

Dead stock. Waiting for burial. Change CEO also useless bcos ipo price too high. All kena trap bcos of this reason.

687423

627 posts

Posted by 687423 > 2015-11-09 10:03 | Report Abuse

Disagree with u. Some guys say change CEOS and COO can save a lot of expenses..... Get contract termination compensation is good news! To save more, who else to remove mr orgie? Hahaha .......

BN_menang

2,982 posts

Posted by BN_menang > 2015-11-09 10:25 | Report Abuse

Why not? After all the reason drop a lot is due Dr Jamal MACC case. So when he is gone it should be good for Icon. New MD from PETRONAS will bring more PETRONAS contracts. Don't sell cheap all shareholders o/w you will lose a lot of money. Will jolie2 or 687423 pay for your losses?

jolie2

2,039 posts

Posted by jolie2 > 2015-11-09 10:30 | Report Abuse

aiyah;
when a new MD join into a company, normally they will check got any balance to sapu inside the pocket or not. This is to ensure only bones left over to the shareholder.
Don;t you all understand ? This is msia corporate world.

Taka

2,018 posts

Posted by Taka > 2015-11-09 10:57 | Report Abuse

Time to accumulate.

New MD AMIR HAMZAH BIN AZIZAN coming in on 1/3/2016. Company still making profits, new projects keep coming in....getting rid of the crooks Jamal & Rahman...all are good news for the future

jolie2

2,039 posts

Posted by jolie2 > 2015-11-09 11:14 | Report Abuse

good future ?
HAHAHAHAHAHA

jolie2

2,039 posts

Posted by jolie2 > 2015-11-09 11:16 | Report Abuse

Happy depavali JOKE.
HAHAHAHAHA

BN_menang

2,982 posts

Posted by BN_menang > 2015-11-09 11:17 | Report Abuse

Why not? Why Icon manage to recruit someone(ex-PETRONAS Dagangan CEO) from PETRONAS but not Armada? In future expect more PETRONAS O&G contracts for Icon.

Taka

2,018 posts

Posted by Taka > 2015-11-09 11:23 | Report Abuse

Got buyer got seller. Got believer got non-believer.

Got money, buy some. Got no money, just watch the show.

BN_menang

2,982 posts

Posted by BN_menang > 2015-11-09 12:14 | Report Abuse

687423 if you are honest please tell at what price you disposed FGV. Why you suddenly disappear from FGV forum. I thought you were active past few months until Aug-Sep.

zan122208

52 posts

Posted by zan122208 > 2015-11-10 00:50 | Report Abuse

Amir Hamzah in on the helm. Looking forward for good news.

Icon8

737 posts

Posted by Icon8 > 2015-11-11 06:13 | Report Abuse

Future Icon will have PETRONAS connection.
http://www.bursamalaysia.com/market/listed-companies/company-announcements/4909857

687423

627 posts

Posted by 687423 > 2015-11-12 10:38 | Report Abuse

Below 20 sen I buy.....

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-11-12 11:07 | Report Abuse

Coming Icon MD from Petronas will bring good to Icon. He is also former MISC President. Perhaps tie-up with MISC possible?

Good_News

601 posts

Posted by Good_News > 2015-11-13 16:30 | Report Abuse

Next week Dr Jamal and his brother Rahman no longer Icon employees and no need pay their salary. Is it good for shareholders?

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-13 16:46 | Report Abuse

ICON had already BOTTOMED..It is consolidating sideways now. After the consolidation is over, ICON will GO UPTREND. This is a good opportunity to buy ICON as there is little downside now for Crude Oil.

Unfair

524 posts

Posted by Unfair > 2015-11-13 17:08 | Report Abuse

Maybank analysts always give Icon TP 25 sen past 6 months. Right or wrong they still receive salary.

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-13 17:16 | Report Abuse

Aiyoh...U listen to ANAL LYST...U sure go to "HOLLAND"lah..

Unfair

524 posts

Posted by Unfair > 2015-11-13 17:22 | Report Abuse

Agree. In Hibiscus they give TP 80sen. What happen now?

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-13 17:28 | Report Abuse

OK..it is not polite to talk about HIBISC in ICON forum..I MUST GIVE RESPECT TO THE OTHERS HERE IN ICON FORUM.. LAH

taka

2,018 posts

Posted by taka > 2015-11-13 17:34 | Report Abuse

Next week ICON no longer run by crooks.....better days are coming.

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-13 18:57 | Report Abuse

OK..thats good....it will TURBO Boost Icon

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-14 01:02 | Report Abuse

The key question everyone is asking is "Have we seen the low of crude oil price?".

If your answer is "Yes...there is a possibility of further downside for crude oil price but not materially significant downside in 2016 and beyond then the decision is quite easy to make....however one may choose or want more time to market time at buying at relative lowest low but the end result will not be of much significant difference in the future if one perceives that there will not be much material and significant price difference between current crude oil price and the perceived lowest price for crude oil price in the near future ...

Be mindful and always be respectful of the fact that the market is ALWAYS AHEAD in its discounting ability mechanism....much far ahead than the average investors..

In the stock market everywhere is this world, there will always be the prophet, the follower and the Fools....the Prophet gets in early before anyone noticed it, the follower gets in after the initial price surge and the fools get in at near peak of the stock price..such is the way of the stock market for GENERATIONS...

C'est la vie...Que sera sera..

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-16 12:21 | Report Abuse

Downtrend already over...now in consolidation mode...

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-16 21:08 | Report Abuse

WTI hit the lowest price@ USD 37.75/bbl on 24/8/2015...Recently it hit the second lowest price@USD 40.22/bbl on 13/11/2015 and rebounded.

Will WTI hit a New Low sometime in the near future or will the recent low of USD 40.22 be a Higher Low??

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-17 08:58 | Report Abuse

WTI hit low of USD 40.06/bbl early morning on 17/11/2015 despite all the bad news and fears of Oil Glut. This is the second lowest price. The lowest price todate was USD 37.75/bbl on 24/8/2015...almost 3 months ago

Will the market confirm USD 40.06/bbl as the higher low in the foreseeable future???

Lets wait for the market confirmation

SHQuah

5,363 posts

Posted by SHQuah > 2015-11-17 11:11 | Report Abuse

Oil production from the Organization of the Petroleum Exporting Countries fell by 120,000 barrels per day in October from a month earlier, to 31.08 million barrels per day, according to a Platts survey of OPEC and oil industry officials and analysts released Monday. Platts attributed the decline to output cuts in Saudi Arabia and Iraq. "OPEC output has now dropped over three consecutive months

sunztzhe

2,248 posts

Posted by sunztzhe > 2015-11-18 23:35 | Report Abuse

ICON is consolidating sideways...Immediate resistance to overcome is @ 38 cents followed by next major resistance @ 40 cents.

SHQuah

5,363 posts

Posted by SHQuah > 2015-11-19 11:11 | Report Abuse

This article first appeared in The Edge Financial Daily, on November 19, 2015.

KUALA LUMPUR: Barclays Corporate Banking plc predicts that demand for oil will triple in 2016, and that oil price, which is now about US$45 (RM197.55) per barrel, will rise to US$50 per barrel by end-2015 and to US$60 per barrel next year.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-11-20 10:36 | Report Abuse

While other companies struggle when oil price is low Icon linkage to govn through Ekuinas and PETRONAS will ensure it remain profitable.

richkid1

398 posts

Posted by richkid1 > 2015-11-23 16:01 | Report Abuse

Suddenly big buy q. ValueCap?

richkid1

398 posts

Posted by richkid1 > 2015-11-23 16:02 | Report Abuse

Inject Ilmu into Icon please Ekuinas.

SHQuah

5,363 posts

Posted by SHQuah > 2015-11-24 16:46 | Report Abuse

Malaysian oil supplies to India last month were the highest in six months, the data showed.

http://www.theedgemarkets.com/my/article/india-oil-imports-asiapac-spike-oct-refiners-tap-new-routes

nelayan

217 posts

Posted by nelayan > 2015-11-24 17:48 | Report Abuse

Quarter result out ...

Icon8

737 posts

Posted by Icon8 > 2015-11-25 00:49 | Report Abuse

Winning RM 51 million contract and reported EPS 0.5 sen.

SHQuah

5,363 posts

Posted by SHQuah > 2015-11-25 08:59 | Report Abuse

ICON Q3'15 NTA - RM0.9317
Undervalue stock

TopGainer

17 posts

Posted by TopGainer > 2015-11-27 11:10 | Report Abuse

It is not a net lost company... but IPO until now, single half sen dividend also nvr paid b4.... corrupted company...

Icon8

737 posts

Posted by Icon8 > 2015-11-27 11:17 | Report Abuse

If compare with KNM are Icon better? At least there is govn link through Ekuinas.

Icon8

737 posts

Posted by Icon8 > 2015-11-27 11:21 | Report Abuse

Incoming MD from PETRONAS will address lack of PETRONAS contracts shortfall. At least there is hope for Icon until 2018 should BN fall next GE worse come to worse.

TopGainer

17 posts

Posted by TopGainer > 2015-11-27 11:48 | Report Abuse

because of the hope and watever linkage wif xxx made me hold from IPO until disappointed...
I rather there is no hope for beginning so that I can stop bleeding earlier.

ongmarine

85 posts

Posted by ongmarine > 2015-11-27 20:07 | Report Abuse

Icon8 : Stop linking Icon to the government via Ekuinas. Icon should stand on its own otherwise don't be in business. If they are able to show their worthiness in managing the vessels to a standard requirement of the oil operators, then the oil operators will charter the vessels.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-11-27 20:27 | Report Abuse

Those who are unaware Ekuinas background attached here is their website.
http://www.ekuinas.com.my/index.php/the-firm/about-us/

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-11-27 20:33 | Report Abuse

Ekuinas is a government-linked private firm which pursues its objective in manner that is market friendly, merit-based and transparent to ensure that the impact is sustainable over the long term.

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