Posted by jungleboy > 2020-08-10 08:47 | Report Abuse

vaccine cmg..need more good quality mask la..

Posted by jungleboy > 2020-08-10 09:22 | Report Abuse

gila..drop so fast...cmpny mkng money..stock kept dropping...not logic at all

Posted by Supandi > 2020-08-10 09:30 | Report Abuse

Anyone know what happened to this iconic counter

Posted by limkokthye > 2020-08-10 09:36 | Report Abuse

die

Posted by bursaking9999 > 2020-08-10 09:41 | Report Abuse

Keep clam all iconic will be back soon

Posted by bursaking9999 > 2020-08-10 09:44 | Report Abuse

Mask counter support more stronger than glove

Posted by bursaking9999 > 2020-08-10 09:58 | Report Abuse

Iconic see green very soon

Posted by Syaipul81 > 2020-08-10 10:01 | Report Abuse

Most healthcare counter drop, not iconic alone

Posted by jungleboy > 2020-08-10 10:26 | Report Abuse

goreng trader kept throwing ka?

Posted by Investor M > 2020-08-10 10:36 | Report Abuse

Hope it will drop more for collection purpose as this counter is for long term.

Posted by jungleboy > 2020-08-10 11:16 | Report Abuse

lagi mau drop meh...will be downtrend technically lor

Posted by bursaking9999 > 2020-08-10 11:33 | Report Abuse

Fasten your seat belts iconic ready to departure

Posted by bursaking9999 > 2020-08-10 11:36 | Report Abuse

KLCI index back very soon

Posted by jungleboy > 2020-08-10 11:39 | Report Abuse

yessss

Posted by jungleboy > 2020-08-10 12:45 | Report Abuse

good pullback momentum...will be good to close above 80 today

Posted by elhazard > 2020-08-10 12:57 | Report Abuse

i managed to add on more stocks at low price today taking opportunity from the rebound. feel so good.

Posted by Bursa Wolf > 2020-08-10 14:44 | Report Abuse

Iconic involved is manufacturing of masks

Posted by Markv572421 > 2020-08-10 14:47 | Report Abuse

hopeless counter ....

Posted by Bursa Wolf > 2020-08-10 14:53 | Report Abuse

ICONIC FACE MASKS is available now

https://www.iconicworldwide.com.my/core-businesses/medicare

Posted by jungleboy > 2020-08-10 14:54 | Report Abuse

mark...why hopeless ? u sell low or u buy high?

Posted by Bursa Wolf > 2020-08-10 15:14 | Report Abuse

a) 3ply Disposable Face Mask machine including packaging
machine
1 unit Acquired
b) 3ply Disposable Face Mask machine including packaging
machine
1 unit To be acquired
c) N95 Disposable Surgical Mask machine including packaging
machine

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3058591

Posted by limkokthye > 2020-08-10 16:24 | Report Abuse

https://www.thestar.com.my/business/business-news/2020/08/10/govt-aims-for-local-production-of-face-masks

Posted by jungleboy > 2020-08-10 16:29 | Report Abuse

drop back...ayooo

Posted by limkokthye > 2020-08-10 16:34 | Report Abuse

PETALING JAYA: Plans are underway to encourage the wholesale production of face masks, an essential item which almost all of it is still being imported from China now.
Sources told StarBiz this is because face masks are deemed a central tool to win the battle against Covid-19 pandemic and thus the item has to be considered in light of national security interests.

“There are plans for government subsidies or incentives to be given for the setting up of production facilities for face masks. And the plan is for the whole supply chain to be securely located within the country itself, ” a source said.
“Even the raw materials such as elastic bands on the face masks should be sourced from local players. That is why the government is keen on creating incentives for the whole supply chain to be located within the country, ” the source added.

However, from a business standpoint, the manufacturing of face masks has a low entry barrier and carries the risk of a glut in the event the pandemic slows down.
A report by AFP stated that in China, the tens of thousands of mask-making companies that mushroomed following the coronavirus pandemic are now struggling to survive.
This has come about after some 73,000 companies registered as mask makers in the first half of the year – including over 36,000 new companies in April alone – as prices and demand soared, the report indicated.
But the influx of new companies led to a “dilution in quality and a surge in scams”, according to China-based researchers at Daxue Consulting, as firms from carmakers to diaper producers converted their production lines to make masks.
Now the outbreak is largely under control in mainland China, domestic mask demand has dropped dramatically, pushing prices down, AFP reported.
The report also said that some of the companies that piled into the industry are now backing out.
This has not stopped a number of locally listed companies from venturing into face mask production. Their announcements on these ventures has led to a surge in their share prices, amidst the red-hot stock market.
These include SCGM Bhd, Notion VTEC Bhd, Xidelang Holdings Bhd, Ni Hsin Resources Bhd, Caely Holdings Bhd and Pecca Group Bhd. Some of these companies reckon that their high quality masks and personal protective equipment will differentiate their products from others and hence provide them with higher profit margins.
Notably, another challenges facing the industry is the government’s decision to put a cap on the pricing of face masks.
Following a recent government announcement, ceiling prices for face masks will be reduced to RM1.20 from RM1.50 per unit from Aug 15. Wholesale prices would also be reduced from RM1.45 per unit to RM1.15 from the same date.

Posted by jungleboy > 2020-08-10 17:06 | Report Abuse

Gov gv incentive for facemask makers...good news la

Posted by Markv572421 > 2020-08-10 17:14 | Report Abuse

stupid counter !!!

Posted by MadSuperman > 2020-08-10 17:43 | Report Abuse

relax.. tomorrow will have a good news

Posted by MadSuperman > 2020-08-10 17:43 | Report Abuse

rise up iconic

Posted by tsohg > 2020-08-10 18:12 | Report Abuse

ICONIC MEDICARE SDN BHD, located at small industry area, car park less than 10 lots, didn't see any commercial vehicle, the shutter door close everyday, dont know how to run production...

Posted by limkokthye > 2020-08-10 19:51 | Report Abuse

iconic just buy 2machine to make mask, u see china buy many hundred machine to make mask, 2machine cannot make money la

Posted by limkokthye > 2020-08-10 19:54 | Report Abuse

looks like covid will end soon, now only buy machine make mask? isit too late? china mask is over supply , they can give u 80%

Posted by Markv572421 > 2020-08-10 20:16 | Report Abuse

ICONIC

Posted by Markv572421 > 2020-08-10 20:16 | Report Abuse

no use laaa

Posted by Bursa Wolf > 2020-08-10 23:03 | Report Abuse

Besides face masks, ICONIC got other new lucrative business as well, stay tuned, wait for announcement

Posted by limkokthye > 2020-08-10 23:16 | Report Abuse

iconic got hotel ,hopefully cuti cuti malaysia can boost iconic hotel biz

Posted by jungleboy > 2020-08-11 00:08 | Report Abuse

wahh..sooo many bad news on iconic..ppl so free to gv negative news...why arr? to get themselves cheaper stock to buy ka

Posted by newbiexxx > 2020-08-11 07:30 | Report Abuse

Today downtrend?

Posted by jungleboy > 2020-08-11 07:33 | Report Abuse

jus hope glove stocks will help push up health related stocks...like iconic..

Posted by Kevinpua88 > 2020-08-11 07:49 | Report Abuse

@jungleboy normal .... i remember when iconic 0.30- 0.4 NO NEGATIVE PPL spotted ...

now they coming to crush the forum....

anyways im still holding from 0.35

Posted by jungleboy > 2020-08-11 09:20 | Report Abuse

i forsee iconic can break rm1..now at lower side oni..good to accumulate

Posted by Kevinpua88 > 2020-08-11 10:52 | Report Abuse

still tp 1.2 personally...still holding from june till now

Posted by Syaipul81 > 2020-08-11 14:17 | Report Abuse

Today oil and gas show, may be continue until tomorrow, i buy iconic at 37, sell at 95, iconic have potential, i will buy back when i feel it it touch strong support, i think today will close below 70

Posted by jungleboy > 2020-08-11 16:15 | Report Abuse

damm hell...wht happen mannn...

Posted by jungleboy > 2020-08-11 16:33 | Report Abuse

seems oversold already.....forsee should go up tmrw

Posted by nydia84 > 2020-08-11 16:46 | Report Abuse

down like crazy

Posted by weirdone > 2020-08-11 17:26 | Report Abuse

whats going on with this ...?

Posted by Kevinpua88 > 2020-08-11 18:05 | Report Abuse

all market healthcare downtrend

Posted by jungleboy > 2020-08-11 21:38 | Report Abuse

facemask n glove also down..many ppl die la...hw to cari mkn la....pls up for tmrw..tqtq

Posted by DrJoel88 > 2020-08-11 22:29 | Report Abuse

Russia out with vaccine soon.. time to run off health counters..

Posted by MrBanana > 2020-08-11 22:35 | Report Abuse

stay clam & hold it, will up soon..