ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

0.76

Today's Change

-0.02 (2.56%)

Day's Change

0.76 - 0.785

Trading Volume

638,900

Meeting


Ann. Date Date Time Type Venue View
Discussions
11 people like this. Showing 50 of 12,030 comments

paktua73

Post removed.Why?

1 month ago

limch

paktua73 Icon also new born under Yinson boss.

1 month ago

limch

Next is must change Icon name? Many shunned Icon share perceived con people?

1 month ago

paktua73

Post removed.Why?

1 month ago

limch

86 sen(recent high) may be rechallenged?

1 month ago

Jonathan Keung

Technically Icon MACD chart showing positive momentum. Strong closing in the day will indicate Icon more upside { breaching a new high }

1 month ago

Plantermen

The reversal of impairment and unrealised gains in the quarterly figs has resulted a nett loss of 14 million { is an accounting and tax entry} which has no effect on their operating cash flows. The impending rates renewal which is forthcoming will see across the board upticks in ICON charter rates. Operating cash flows are the life blood of any company. In the O & G sector ICON is one of the few counters in the sector that have paid out dividends. A good opportunity to buy and hold based on their results. Not best of the best but have great growth potential. With Yinsoon as the captain aiding ICON can expect more positive momentum. Not a buy call but just my own view and personal take on their recent news announcement. Please do your own research before you buy or invest

1 month ago

Change_

Con still remain even changing of boss? So next change is PM or govn?

1 month ago

Jonathan Keung

Mr Change ? what are you trying to tell us

1 month ago

Change_

I mean Icon share rise cannot sustain or drop back. So we need to change PM or government for those bought during IPO RM 1.8?

Jonathan Keung

Mr Change ? what are you trying to tell us

6 hours ago

1 month ago

Jonathan Keung

Wow !That was 10 years ago. Icon was promoted by 8 cornerstone investor. Maybank , PNB , Tab Haji, CMY { RHB co founder } ,UOB, AIA and Nomura for the listing exercise

1 month ago

Plantermen

2014 we have seen 6 PM. First Badawi, Najib, Mahathir, Muhyiddin, Ismail and current PMX anwar

1 month ago

5354_

Lim Han Weng(Yinson boss) when can you join Icon management team? You only bought Icon shares how about bring Icon changes when are you planning to do?

1 month ago

Jonathan Keung

Good for Icon minorities if Big Boss { Yin soon } joins the board. perception of icon may be lifted by the diversity

1 month ago

WarrenBuffet8888

Hold tight, KEYFIELD fly 100 % in the first day listing , AWB business has great potential , it will fly limit up too , market cap smaller than keyfield

1 month ago

LY Hoh

I just received call from MBB bank said Icon regarded unconditional mandatory take over at cash offer price RM0.635. I rejected, why they offer this low price? Later they will push down the price to meet the unconditional mandatory take over?

1 month ago

Plantermen

Look at KEY field the newly listed oil & gas provider. The valuations is substantially much higher vs it's peer or icon valuations. Today traded 1.75 - 1.77 against its IPO price 90 sen

1 month ago

goodgain

LY Hoh,

Depend on their intention. Normally those offering MGO at lower than market price, the intention is to get rejection from shareholders so they can retain the listing status. The MGO is compulsory by law, for those company taking over more than certain threshold of a listing entity. If the new owner intent to retain the listing status, they will normally offer lower than market price so the MGO will fail.

1 month ago

J3ffery

Hi,
I,m new in trading. Quick check, is it safe to continue hold ICON Share?

1 month ago

WarrenBuffet8888

Yes, it will fly above 2.00 , check who is the new owner and the market cap of the owner

1 month ago

5354_

>RM 2 like Yinson?

1 month ago

5354_

5 sen dividend if maintain still good to hold.

1 month ago

LY Hoh

@Goodgain
Thanks for the information and hope Icon price can move on better.

1 month ago

limch

Interpacific Securities S/B said Lim Han Weng offer to buy Icon 63.5 sen and W at RM 0.001 is not fair and not reasonable so we must reject.
https://www.klsescreener.com/v2/announcements/view/6878657

1 month ago

limch

RM 1 Icon only can accept?

1 month ago

Jonathan Keung

Yinsoon boss knows it. Just offer a price to the minorities based on what's needed by the SC and Bursa. Slowly pushing it unnoticed and later inject it with liannex marine logistic assets.

1 month ago

Nasir Razak

Can someone educate me how to reject the offer?

1 month ago

maggigoreng

just disregard it, non acceptance amounts to rejection

1 month ago

5354_

Yinson boss a billionaire so buy Icon can make millions?

1 month ago

Jonathan Keung

Do nothing. Offer without any acceptance from you means nothing or non binding

1 month ago

DickyMe

When become majority share holder, privatise and offer 10 sen, like KBUNAI?

4 weeks ago

limch

Why DickyMe so many prediction on Icon? Nothing seem to materialize he realise?

4 weeks ago

IconForever

New high pls come in May 24? 90 sen no more a dream?

4 weeks ago

Plantermen

Yinson boss {Lim} is a season businessmen with an excellent track record. Paying MYR 173 million to Ekuinas for the 50.2% stake in Icon {using Liannex as his investment arm} maybe just the beginning. Liannex, Yinson and Icon all have their niche in marine logistics and engineering. We cannot rule out possibilities of injection of certain assets and business into Icon. Afterall triggering the Go, getting the requlatory approval and all the nitty gritty from the authorities is exactly not a walk in the park. Certainly Yinson boss{Lim} have plans for Icon. You don't paid 174 million just for the sake to acquire a company. Something big must be brewing in his mind

4 weeks ago

Jonathan Keung

Ignored those silly & mindless postings on Icon without any facts.

4 weeks ago

minher

According to the latest annual report KWP, EPF, Lembaga Tabung Haji and National Trust Fund are major shareholders in ICON OFFSHORE.

2 weeks ago

maggigoreng

and they're kicking out the redundant BOD, the one that brought icon shareprice down the first round. looking good

2 weeks ago

limch

New BOD is Lim Han Weng and his son Lim Chern Wooi?

2 weeks ago

TrumpUSA

ICON Offshore receive billion dollar contract from Petronas ?

1 week ago

DickyMe

Below 50 sen coming soon!

1 week ago

tssl74

Hi,
Anyone has any concrete information to share for this counter?

6 days ago

jay2004

Don't buy. This is lost making company

5 days ago

Why_

Hadian still MD not Lim Han Weng or his son?

5 days ago

curiousq

Review of performance for the current quarter (Quarter ended 31st March 2024) against the prior year corresponding quarter (Quarter ended 31st March 2023):
(i) Revenue
The Group revenue decreased by RM12.8 million or 30%, from RM43.3 million in the prior year corresponding quarter to RM30.5 million in the current quarter, mainly due to low utilisation of vessels (late start of chartering due to monsoon season and planned maintenance). Overall utilisation for the current quarter was at 50% compared to 71% in the prior year corresponding quarter.

(ii)Profit after taxation
The Group recorded loss after taxation of RM25.6 million in the current quarter compared to loss after tax of RM4.2 million in the prior year corresponding quarter. The significant increase in the loss after taxation was due to additional provision amounting to RM13.1 million related to charter of replacement vessels and impairment of receivables.

5 days ago

constantine007

quarter result very bad 😔

5 days ago

Why_

<60 sen like last QR announced can get?

5 days ago

5354_

AGM on 30/5/24 old Icon no more?

5 days ago

jay2004

Today trap people in next throw all the way down. Run!

4 days ago

jay2004

Maybank lower down the target price from 0.71 to 0.49. Becareful!

4 days ago

fairyz

Strong Support even after red QR?

Let's see if this can follow Mother Yinson

2 days ago

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