ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.00

Today's Change

0.00 (0.00%)

Day's Change

0.995 - 1.01

Trading Volume

375,100

Discussions
11 people like this. Showing 50 of 12,156 comments

5354_

Still up today despite >800 counters down. Sure not because of Yinson boss effect? Yinson QR out today. Will Icon QR like Yinson in future?

2024-06-19 22:38

supermanhitam

very sad today still can not buy in 1.00 , hope tomorrow can down bellow 1.00 . i 100% buy . TQ

2024-06-20 17:04

newbie2018

Sifus does any1 know who behind buying Icon from 60 sen level until recently >RM 1? Bursa news seem no announcement.

2024-06-23 13:44

Change_

Lim Han Weng why not appoint your son as new MD?

2024-06-27 10:06

Change_

Hadian Hashim also must be kicked out not only other directors.

2024-06-27 10:07

Change_

Hadian when no more offer Yinson share as takeover? 0.5-1 Yinson for 1 Icon maybe better respond than 63.5 sen?

2024-06-27 10:13

IconForever

Add more 93.5-95 sen.

2024-06-27 15:39

Alipapapa

Likely will drop back to 65sen.

2024-06-27 16:38

LY Hoh

Apa jadi? Tiba-tiba jatuh teruk?

2024-06-27 16:40

Karlos

Akan jatuh ke paras harga patut ie sekitar 63.5 sen lah !

2024-06-27 17:26

DickyMe

Belon penuh dengan angin kentut!

2024-06-27 17:31

supermanhitam

so lucky can buy in 0.90 today , tq

2024-06-27 17:39

5354_

Rebound today. New high possible in 2nd half 2024?

2024-06-28 11:44

5354_

Yinson every1 like. RM 2.3 very strong even bear market lately. Icon can follow with same boss?

2024-06-28 11:53

118_

Oil moving to USD 90.

2024-07-02 09:54

karateburnished

I want to find a lovely icon

2024-07-02 09:58

karateburnished

I want to find a lovely icon
https://google.com

2024-07-02 09:58

Undi_PKR

RM 1 Icon only possible under UG govn as well as Rafizi Menteri Ekonomi.

2024-07-05 09:47

Undi_PKR

RM 1.5 Icon govn through Ekuinas gains as well.

2024-07-05 10:57

sheep

Going up..

2024-07-11 14:52

Undi_PKR

RM 1.5-2 Icon PM-X PM 5 years no problem.

2024-07-11 14:59

Change_

Oil Soars Above $80 as Traders Price in Potential Iran Reprisal
https://finance.yahoo.com/news/oil-steady-weekly-gain-traders-233000844.html

2024-08-13 04:32

Abram66

EPF got bought Yinson, but ICON, EPF didn't buy

2024-08-26 16:07

LY Hoh

What happen today the share suddenly go up so much?

2024-08-30 15:53

supermanhitam

wowowo , Run

2024-08-30 16:02

maggigoreng

too late to buy in?

2024-08-30 17:23

Bullrun18

Yinson is Disposals offshore business to Icon for 160 millions

The Proposed Disposals are for a total sale consideration of RM160 million which shall be satisfied by the issuance of 181,818,181 new ordinary shares in Icon at an issue price of RM0.88 per share (“Issue Price”) (“Consideration Shares”) (“Sale Consideration”) and in accordance with the terms of definitive agreement(s) to be entered into by the parties pursuant to the Proposed Disposals (“Definitive Agreement”).

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3480181

2024-08-30 20:44

Bullrun18

Yinson divests offshore marine business to Icon Offshore

Friday, 30 Aug 2024
7:35 PM MYT

https://www.thestar.com.my/business/business-news/2024/08/30/yinson-divests-offshore-marine-business-to-icon-offshore

2024-08-30 20:55

maggigoreng

why are they selling their profitable subsidiary below market value suddenly?

2024-08-30 22:47

BursaVulture

@Abram66

EPF cannot touch anything below RM1B.

@maggigoreng

How do you know it is below market value?

2024-08-30 23:26

maggigoreng

those subsidiaries are bringing in huge profits, and 1 vessel from 2010 averages around 50m++. it's 160m for 4, and 1 is newly refurbished. almost too good to be true

2024-08-31 17:56

speakup

Bodoh move to buy from Yinson. It is cheaper to take over Alam and own all Alam ships. 160mil is 3x Alam market cap!

2024-08-31 18:09

speakup

U buy from Yinson u get 4 ship for 160mil. But if u buy from Alam, u get 15 ships for only 50mil!

2024-08-31 18:10

speakup

Icon CEO tidur slumber

2024-08-31 18:11

maggigoreng

@speakup and be burdened by their huge debt? or are you paying it off first?

2024-08-31 19:28

raymondroy

amazing deal..... yinson major shareholder Lim, buys into Icon at 63c for 50% from ekuinas, and then injects yinson OSV business into Icon for a profit for share consideration, at 88c per share.... while the current share price is 115c, win win win.... for both Lim and Yinson becomes minority shareholder, while Lim being major shareholder..... what an excellent arrangement !!!

2024-08-31 20:15

maggigoreng

diluting shareholding definitely, but not taking on any new debts and acquiring profitable subsidiaries. like i said, too good to be true right

2024-08-31 22:04

BursaVulture

@speakup

Well, just because u want to buy, doesnt mean people want to sell. many wanted to buy up 99 before they became so huge, 99 boss dont want to sell.

2024-09-01 14:29

5354_

Previously Icon forum very quiet. After QR out and with corporate proposal so many commenting why ah?

2024-09-02 10:29

supermanhitam

so lucky can sell in good price , tq all

2024-09-02 12:09

LY Hoh

Yes. I also sold took some profit first, Later buy in again.

2024-09-02 12:15

supermanhitam

best on 1.35 , Run . tq

2024-09-03 10:19

mf

Quarter Result

Quarter Result on 30-Jun-2024[#2] QoQ - 128.77% YoY - 53.03%.

2024-09-03 11:20

Abram66

Yinson and Icon has become brother & sister 😁

2024-09-04 23:13

core9design

Severely undervalued. Easily RM2 in 6 months

2024-09-05 22:01

mf

target 1.24

2 months ago

bullrun168

Oil jumps over $3 a barrel as Middle East conflict stokes supply worry
By Georgina Mccartney
Reuter

HOUSTON, Oct 3 (Reuters) - Oil prices surged on Thursday as concerns mounted that a widening regional conflict in the Middle East could disrupt global crude flows.
Brent crude futures settled up $3.72, or 5.03%, at $77.62 a barrel. U.S. West Texas Intermediate (WTI) crude futures settled up $3.61, or 5.15%, to $73.71.
Brent futures reached an intraday high of $77.89 per barrel, while WTI futures peaked at $73.97 per barrel, both hitting one-month highs.

2 months ago

mf

U.S. crude oil jumps more than 3%, closes above $77 as market waits for Israel strike against Iran
Published Mon, Oct 7 20247:20 AM EDTUpdated 2 Hours Ago

2 months ago

bullrun168

Walaoeh, oil price spike up like mad !
Brent closed at=> $80.93 +2.88 +3.69 %
Heng ah, Ong ah, Huat ah !

2 months ago

WitchDoctor7

after the rally, it is distribution time. will takes months to distribute all the shares, wait for 70 cents.

2 weeks ago

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