This is the problem with you Naysayer. It's not only me who were positive. There's many more.
I shared why I go for this this counter. As I said many time, I have accepted the RI offers based on my business case. Please scroll up what I shared earlier. I also said, this counter is not for everyone.
Icon is currently sitting on P9 of my 12th Battleship with a healthy margin
At least syndicate know what they are doing. Mabel just talk a lot of shit, pull people in also. Some people make some money in some counters then think they are stock market genius.
For retailers it's better to sell all your OR since there is chance to run @0.005 Sen. Forget about subscribe the right and get trapped further !!! Once OR stop trading, the mother will jump up n down but when right payment ex the mother will plunge very fast to 10.5 Sen level !!! Run is the only surviving word for Icon.
Hi Quickgain, I’m Making a wrong decision to buy ICON Mother share on last Friday. Looking at the volume, syndicate still hold a lot mother share at high price, do you think when they will start to dispose it? What is the good exit price ?
Anybody can tell how the warrant works? Is it separate line stock would be traded on top of Mother shares and what perhaps be the target price? and How long it will be in the market?
THEY are no syndicate playing this counter, No big players, only few retailers who totally blind or no knowledge on ex consolidated,designated share, OR, or may be fool by many jokers here. The price now is truly reflect the market force, no body manipulate this counter, before or after ex consolidated ,it's trading is absolutely NORMAL , it was classified designated and later to dynamic limit share is basically to protect small retailers ..just forget about Icon and look forward to other counters ......top management of icon are the same, what do you expect from them ??
Not logic. The main reason for the proposed consolidation is to boost the price of the share, make it go into another class/ category of share, out from penny stock class.
Hence, the price SHALL NOT be as per previous before consolidation as if nothing happen. It SHALL boost.
There is the best option for hardcore Icon believer, you need to just buy 10 unit if you can key in if not just key in 100 units which cost only rm5+ and subscribe the excess shares !!!!! I believe you apply 10million excess shares ,they will offer you 30 million shares and ask you lagi mahu berapa million !!!!
there will be 4,801,540,000 shares flooded the market on 20th Feb (mother+right) excluding warrant compared to 2,377,000,000 before consolidation. If the price at settled at 0.105, the value of the company is 504mil, if 0.21cents the value would be nearly 1bilion. I would reckon the price will be 18-20 cents after 20th Feb
If one is interested in Icon, he can now buy the OR and subscribe to the rights. Buy 4 OR, get 4 Icon mother shares and 1 icon wrt. Total cost rm440. holdings... 4 Icon shares n 1Icon wrt.
even reputable major sharegholders sapu most of the 2B right issues i also dare not touch, knowing another 2B shares converted from bank loans are there ready to....
Kokweing...my broker check the shares not in my cds... Ryong92...i'm with JfApex... Thats why yesterday someone told cannot sell his Icon with purchase last friday..
Dealer told me..the oversold shares will cancel..the get notice from bursa but still pending official..so mine one today as T3 no need to force sell because bcoz the shares not in CDS..that why my sell order rejected...
I am done with my OR to MS today so have fun guys keep going to trade till underwear drop off and streets butt naked on the road side!!!! I am going to look it how it will be later on!!
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This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
Kasik0rn
156 posts
Posted by Kasik0rn > 2020-01-30 09:54 | Report Abuse
why no people buy or