ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.30

Today's Change

+0.02 (1.56%)

Day's Change

1.22 - 1.31

Trading Volume

3,549,100


11 people like this.

12,150 comment(s). Last comment by mf 1 day ago

cipapo

1,288 posts

Posted by cipapo > 2014-06-28 00:49 | Report Abuse

Aax is fuel user...icon is fuel extraction enabler...get your facts right..but aax will be making a come back Q4...just watch..

Posted by kassimSave > 2014-06-29 10:50 | Report Abuse

profit high now but wait for 1-2 years their vessels will be screwed up. very poor maintenance. now they squeeze their maintenance program so the bottom line is good. but in reality they defer the maintenance, what they tell you is the dry-docking program which is a MUST do otherwise the class will not allow the ship to sail. hahahahaha ; the day to day program is non existence at all. to jolie2 PETRONAS will dump her too

zackboy

243 posts

Posted by zackboy > 2014-06-29 11:18 | Report Abuse

Gas price will go up and up. This stock will follow!

hongwei

147 posts

Posted by hongwei > 2014-06-29 11:22 | Report Abuse

sama aax turun turun

jolie2

2,039 posts

Posted by jolie2 > 2014-06-29 12:08 | Report Abuse

Good day everyone. This is Dr Jamal of Icon CEO speaking again.
Let me explain the benefit of dry docking. The benefits are
1) reduce time out of service
2) allow the shipyard to quote competitively
3) provide a clear cost exposure to the owner
4) maximize vessel availability
5) control cost.

Nowadays , based on advancement of technology and improvement program such as six sigma, dry-docking program is a reliable program.
Don't worry on the future. Our net profit margin has margin of 27% (for 2013 financial year) versus an average of 18% for msia OSV peers and 20% for Spore OSV players.
We are also the highest Ebitda margins at 57% for FY2013 compared with the industrial average of 41&.
We will continue to maintain this margin and satisfy our boyfriend (Abang Petronas).

Mowwwa

953 posts

Posted by Mowwwa > 2014-06-29 16:14 | Report Abuse

Can accumulate i think

Mowwwa

953 posts

Posted by Mowwwa > 2014-06-29 16:14 | Report Abuse

Slowly i collect

charlie chia

2,151 posts

Posted by charlie chia > 2014-06-29 16:35 | Report Abuse

Worth to collect now

tlbeng

905 posts

Posted by tlbeng > 2014-06-30 10:25 | Report Abuse

good time to average down, today can try to queue @1.86

skyu

2,497 posts

Posted by skyu > 2014-06-30 10:43 | Report Abuse

Coming few days, worth more of the value at 1.50. Dont worry, if still go down, tell yourself u are long term investors while looking at others make thousands at skpetro.

tlbeng

905 posts

Posted by tlbeng > 2014-06-30 10:49 | Report Abuse

lol skpetro was dropping from 4.5 to 4.37, believe or not your skpetro will be going back to 4.1 again after the dividend is issued

skyu

2,497 posts

Posted by skyu > 2014-06-30 10:59 | Report Abuse

Boss, skpetro is 20 billion market cap. U think u can hold all the way to 5 straightly? U keluar masuk by following chart and trend ma, since fundamental and business scopes are intact.

icon different story, vessels business are too competitive, such as gloves.

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-06-30 11:54 | Report Abuse

ipo price now

Posted by GoogleKaki > 2014-06-30 12:20 | Report Abuse

Follow history of AAX? fall below ipo?

tlbeng

905 posts

Posted by tlbeng > 2014-06-30 12:50 | Report Abuse

AAX fall below ipo was because the continuous losses in quarters

bennike129

325 posts

Posted by bennike129 > 2014-06-30 12:58 | Report Abuse

no point trying to scare the people here, just look at the quarter report. it's totally different with AAX

bathgel

265 posts

Posted by bathgel > 2014-06-30 15:07 | Report Abuse

why kept on talking about AAX ?

tlbeng

905 posts

Posted by tlbeng > 2014-06-30 15:29 | Report Abuse

some people just want to watch the world burn :)

skyu

2,497 posts

Posted by skyu > 2014-06-30 16:35 | Report Abuse

ipo price. not a good sign.

Posted by Rauffan Raulla > 2014-06-30 16:44 | Report Abuse

who knows tomorrow hehehe

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2014-06-30 16:51 | Report Abuse

Mafia company...not worth it

Posted by kingdomtan888 > 2014-06-30 16:53 | Report Abuse

Gangster stock
Kekekekkekekekeke

tlbeng

905 posts

Posted by tlbeng > 2014-06-30 17:09 | Report Abuse

haha, today T+3 traders will have fun loll

traderman

7,854 posts

Posted by traderman > 2014-06-30 18:25 | Report Abuse

tomorrow 1.7 hahaha

wwk1

28 posts

Posted by wwk1 > 2014-06-30 18:31 | Report Abuse

i m the original shareholder who bought it at 0.50. i bought 2 years ago under the tgoff restructuring. sold when it touched 2.13. Made profit RM39k. many more investor like me and definately short term it will be under pressure

dylan312

162 posts

Posted by dylan312 > 2014-06-30 18:35 | Report Abuse

wwk1 how u bought that time at 0.50?

wwk1

28 posts

Posted by wwk1 > 2014-06-30 18:38 | Report Abuse

the shares were offered under TGOFF restructuring. you can choose to take the dividen or take up the unlisted company with listing in 2 years. I took the 2nd option holding an unlisted company. Bought at 1.00 but before listing splitted to 0.50. That is how i manage to buy it.

traderman

7,854 posts

Posted by traderman > 2014-06-30 19:38 | Report Abuse

thats why tomorrow will see 1.7 ... more selling pressure ahead hahaha

bing

3,794 posts

Posted by bing > 2014-06-30 20:01 | Report Abuse

Tomorrow up to 1.90++

sasopi87

641 posts

Posted by sasopi87 > 2014-06-30 20:17 | Report Abuse

tomolo down 1.80............happy trading

traderman

7,854 posts

Posted by traderman > 2014-06-30 20:41 | Report Abuse

haha, stabilizing the price, useless like aax last time. totally not a good news, no wonder today see 1.85 so strong support ... near 30k lot buy q in the morning

cipapo

1,288 posts

Posted by cipapo > 2014-06-30 20:46 | Report Abuse

tomolo up up higher...

Man Kit

18 posts

Posted by Man Kit > 2014-06-30 20:50 | Report Abuse

1,110,000/76,615,000=1.4%. How long it can last? Lets see~

cipapo

1,288 posts

Posted by cipapo > 2014-06-30 20:57 | Report Abuse

they already expected because of the tgoff case, alot ppl will dump the stock..thats why they issue this maybank support..if you want to buy or average down your price...1.85 is the best as its going to rebound...

Yaya8723

13 posts

Posted by Yaya8723 > 2014-06-30 20:57 | Report Abuse

lol. still many ppl stuck at 2.00 above. pandai bought 1.83

traderman

7,854 posts

Posted by traderman > 2014-06-30 21:07 | Report Abuse

cipapo, it is to support 1.85 only for today

jayrc23

185 posts

Posted by jayrc23 > 2014-06-30 21:31 | Report Abuse

I notice MSM and FGV listed somewhere in June-July few years back just like ICON the price went down from IPO date (as usual I lose money on all this counters even now with ICON)... Just my 2 cents worth of observation.

cipapo

1,288 posts

Posted by cipapo > 2014-06-30 21:45 | Report Abuse

well let's hope for the best

bennike129

325 posts

Posted by bennike129 > 2014-06-30 21:46 | Report Abuse

there will be stabilizing manager for a month from listing at RM 1.85

kmtan88

51 posts

Posted by kmtan88 > 2014-06-30 22:17 | Report Abuse

so it is quite safe to buy now @RM 1.85? The stabilizing manager will not allow it to go below its ipo price.

cipapo

1,288 posts

Posted by cipapo > 2014-06-30 22:19 | Report Abuse

In theory ..yes

Victor Valdez

1,340 posts

Posted by Victor Valdez > 2014-06-30 22:40 | Report Abuse

Icon worth $1.60 je max...sudah kena kencing lor...soon petronas will offhire la worthless & not reliable vessels..

cipapo

1,288 posts

Posted by cipapo > 2014-06-30 22:42 | Report Abuse

BUY.....when people are fear.....hmm...

bing

3,794 posts

Posted by bing > 2014-06-30 23:06 | Report Abuse

Buy keep sell wait 4 types.

bing

3,794 posts

Posted by bing > 2014-06-30 23:09 | Report Abuse

Finally who is the winner?

cipapo

1,288 posts

Posted by cipapo > 2014-06-30 23:11 | Report Abuse

The one who hold and sell at the right price...

bing

3,794 posts

Posted by bing > 2014-06-30 23:12 | Report Abuse

Agree

bing

3,794 posts

Posted by bing > 2014-06-30 23:13 | Report Abuse

Just don't contra.

speakup

26,573 posts

Posted by speakup > 2014-06-30 23:17 | Report Abuse

Icon directors throwing! No wonder cannot up.

http://www.bursamalaysia.com/market/listed-companies/company-announcements/1670709

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