ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.05

Today's Change

+0.05 (5.00%)

Day's Change

0.965 - 1.05

Trading Volume

438,500


11 people like this.

12,155 comment(s). Last comment by bullrun168 1 month ago

BanglaMan

870 posts

Posted by BanglaMan > 2020-04-23 14:12 | Report Abuse

waiting for acquisition to happen to this sad counter

5354_

4,793 posts

Posted by 5354_ > 2020-04-23 15:28 | Report Abuse

Boss(MD) want to deal in Icon share why nobody read? MD so far got sell?

tkl88

8,712 posts

Posted by tkl88 > 2020-04-23 23:06 | Report Abuse

Wow, Awesome!
Oil price continue to spike up to sky high !
Nymex now at=> $17.83 (+4.05) (+29.39%) !

BanglaMan

870 posts

Posted by BanglaMan > 2020-04-24 09:03 | Report Abuse

Wow awesome! Price not moving!

MamakKutty

288 posts

Posted by MamakKutty > 2020-04-24 10:20 | Report Abuse

will gradually down

BanglaMan

870 posts

Posted by BanglaMan > 2020-04-24 11:48 | Report Abuse

No ppl buy or interested to buy.

5354_

4,793 posts

Posted by 5354_ > 2020-04-24 11:59 | Report Abuse

BanglaMan really stupid. Why when cheap don't buy?

BanglaMan No ppl buy or interested to buy.
24/04/2020 11:48 AM

5354_

4,793 posts

Posted by 5354_ > 2020-04-24 12:01 | Report Abuse

Petronas previously stated that it would strive to maintain its domestic capital expenditure (capex) programme of RM26 billion-RM28 billion this year, while cutting the overseas capex.
https://www.nst.com.my/business/2020/04/587082/petronas-shuts-down-14-projects-until-oil-price-recovers

BanglaMan

870 posts

Posted by BanglaMan > 2020-04-24 16:00 | Report Abuse

use brain abit la buy now when all oil rigs are ideal and not much service needed? who is stupid? i guess share price will tell soon

5354_ BanglaMan really stupid. Why when cheap don't buy?

BanglaMan No ppl buy or interested to buy.
24/04/2020 11:48 AM

BanglaMan

870 posts

Posted by BanglaMan > 2020-04-24 16:01 | Report Abuse

https://www.nst.com.my/business/2020/04/587082/petronas-shuts-down-14-projects-until-oil-price-recovers

Read and improve ur brain: Petronas shuts down 14 projects until oil price recovers

BanglaMan

870 posts

Posted by BanglaMan > 2020-04-24 16:01 | Report Abuse

Petronas shuts down 14 projects until oil price recovers

https://www.nst.com.my/business/2020/04/587082/petronas-shuts-down-14-projects-until-oil-price-recovers

Use brain to study more before commenting

Mabel

24,140 posts

Posted by Mabel > 2020-04-24 23:35 | Report Abuse

@5354_ Petronas previously stated that it would strive to maintain its domestic capital expenditure (capex) programme of RM26 billion-RM28 billion this year, while cutting the overseas capex.
https://www.nst.com.my/business/2020/04/587082/petronas-shuts-down-14-...
24/04/2020 12:01 PM

Meow

Posted by Cash_Is_King > 2020-04-25 19:30 | Report Abuse

Hi Guys, Icon Announce Chapter 14 on 23/4. It means what?

DickyMe

14,883 posts

Posted by DickyMe > 2020-04-27 10:56 | Report Abuse

Seems like oil price will stay below US$25 for a long time.

DickyMe

14,883 posts

Posted by DickyMe > 2020-04-27 11:59 | Report Abuse

https://www.forbes.com/sites/pamelaambler/2020/04/20/coronavirus-casua...

Singapore Billionaire bankrupt!

Hin Leong Trading, one of Singapore's largest independent oil traders, said that it failed to declare “about $800 million in futures losses over the years,” Reuters reported, citing a court filing dated April 17. The company is seeking a six-month moratorium on its roughly $3.85 billion debt load owed to 23 banks.

DickyMe

14,883 posts

Posted by DickyMe > 2020-04-27 12:00 | Report Abuse

https://www.forbes.com/sites/pamelaambler/2020/04/20/coronavirus-casualty-singapore-oil-giant-files-for-bankruptcy-amid-price-war-and-covid-19/#3c64ad5c13ad

Singapore Billionaire bankrupt!

Hin Leong Trading, one of Singapore's largest independent oil traders, said that it failed to declare “about $800 million in futures losses over the years,” Reuters reported, citing a court filing dated April 17. The company is seeking a six-month moratorium on its roughly $3.85 billion debt load owed to 23 banks.

DickyMe

14,883 posts

Posted by DickyMe > 2020-04-27 12:03 | Report Abuse

Can CATS withstand when BILLIONAIRES go bust?

MamakKutty

288 posts

Posted by MamakKutty > 2020-04-28 11:06 | Report Abuse

touch 0.055 already

Hidup_Anwar

1,010 posts

Posted by Hidup_Anwar > 2020-04-30 10:41 | Report Abuse

Con like backdoor PN? 6 sen why RI 11 sen & IPO 1.85 approved?

kingrator

203 posts

Posted by kingrator > 2020-04-30 11:23 | Report Abuse

big vol enter

BanglaMan

870 posts

Posted by BanglaMan > 2020-04-30 15:58 | Report Abuse

Big vol enter but share price no move kkakakaak

Posted by mingchun91 > 2020-04-30 19:17 | Report Abuse

but somehow i still manage to sell at 0.065 . i have queued for 1 week already.

Posted by investortrader88 > 2020-05-05 22:04 | Report Abuse

"Opportunities come infrequently. When it rains gold, put out the bucket, not the thimble."-Warren Buffet.



WTI CRUDE 
25.80 
+13.26%


BRENT CRUDE
30.31
+11.43%

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-06 12:40 | Report Abuse

Crude oil go up, also no difference. Stop shouting positive things about this counter whahahahah

tkl88

8,712 posts

Posted by tkl88 > 2020-05-07 19:13 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up !

As at 7.10pm,
Nymex at=> $26.01 (+2.02) (+8.42 %)
Brent at => $31.37 (+1.65) (+5.55 %)

Huat ah ! Heng ah ! Ong ah !

tkl88

8,712 posts

Posted by tkl88 > 2020-05-07 21:52 | Report Abuse

U.S. oil prices jump more than 8% as Saudi Arabia lifts prices, China crude imports climb

By Mark DeCambre
Published: May 7, 2020 9:14 am ET

https://www.google.com.my/amp/s/www.marketwatch.com/amp/story/guid/28455BBE-901F-11EA-9208-AF2E6FA5B5BC

Brent oil price, the international benchmark, rises around 6%
Crude oil futures climbed sharply on Thursday, at least partly supported by Saudi Arabia’s decision to lift prices to help stabilize values, while China’s appetite for the commodity picked up in April compared with prior months.
Saudi Arabia, the most influential member of the Organization of Petroleum Exporting Countries, is raising crude prices for its customers world-wide, according to Bloomberg TV.

Meanwhile, China’s imports rose to 10.42 million barrels a day in April from 9.68 million in March, according to Reuters data. Overall imports for the world’s second-largest economy and the biggest oil importer were down 14.2% from the year-ago period. However, exports from the country grew an unexpected 3.5% from the previous year.
That data combined with hope of a slowdown in production by global oil producers and a gradual revival of economies around the globe after restrictions due to the COVID-19 pandemic are lifted are expected to eventually lift crude prices.
“Oil is ruining up on hopes on rebounding demand,” wrote Peter Cardillo, chief market economist at Spartan Capital Securities in a daily research note.
West Texas Intermediate crude for June delivery CL CLM20+9.38% on the New York Mercantile Exchange, rose $2, or 8.3%, to $25.99 a barrel, after settling 2.4% lower on Wednesday, which snapped a five-session streak of gains.
Global benchmark July Brent crude UK:BRNN20+5.99%  picked up $1.54, or 5.2%, at $31.26 a barrel on ICE Futures Europe, following a 4% decline in the prior session.

tkl88

8,712 posts

Posted by tkl88 > 2020-05-07 21:53 | Report Abuse

The EIA reported Wednesday that U.S. crude inventories rose 4.6 million barrels for the week ended May 1. The data, which excludes changes in the SPR, marked a 15th consecutive weekly rise, but was smaller than the average increase of 7.1 million barrels forecast by analysts polled by S&P Global Platts.
Investors are also digesting the U.S. weekly jobless claims data Thursday which showed more than 3 million Americans lost employment, adding to the already 30 million figure that has been racked up over the past six weeks.
Some signs of easing tensions between China and the U.S. may also be providing a lift to crude prices, as Bloomberg News reported on Thursday that U.S. trade negotiator Robert Lightihizer and his counterpart Liu He are scheduled to have a call to discuss progress on a phase-one trade deal between the countries that had looked in jeopardy of being quashed by President Donald Trump.

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-07 21:54 | Report Abuse

wow oil price up! but share price down! Woah!!! such magic! hahahahahahah

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-08 13:53 | Report Abuse

all o&g counter rise except this.. better change to others like Heng Yuan. boring counter

tkl88

8,712 posts

Posted by tkl88 > 2020-05-08 17:22 | Report Abuse

Wow, Amazing !
Oil price continue to spike up !

As at 5.22pm,
Nymex at => $24.39 (+0.84) (+3.57 %)
Brent at => $29.99 (+0.53) (+1.80 %)

Huat ah ! Heng ah ! Ong ah !

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-08 20:53 | Report Abuse

Heng ah! ong ah! u stuck kah always promote but no change also the price wahahhaah i have decades of experience and this kind of stock wont move for the next 3-5 years.. only when want to raise fund move abit.. now sleep until no money then when need money only move.. dont waste time here my advice. bye bye

tkl88

8,712 posts

Posted by tkl88 > 2020-05-09 08:07 | Report Abuse

Wow, Awesome !
Dow Jones closed at = > 24,331.32 (+455.43) (+1.91 %)

Llctrade

14 posts

Posted by Llctrade > 2020-05-09 08:12 | Report Abuse

Goldman Sachs : Oil demand could exceed supply by End-May.

tkl88

8,712 posts

Posted by tkl88 > 2020-05-09 08:29 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up to sky high!

Nymex closed at => $24.62 (+1.07) (+4.54 %)
Brent closed at => $30.88 (+1.42) (+4.82 %)

Huat ah ! Heng ah ! Ong ah !

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-09 10:51 | Report Abuse

Wow so fantastic! Wow! Continue promote wow!

tkl88

8,712 posts

Posted by tkl88 > 2020-05-09 16:27 | Report Abuse

4月中旬,纽约油价惊现负值,让无数人陷入“投资扣光本金还要倒贴钱”的尴尬境地。我们刚刚被科普出现“负油价”的原因是,国际油市供应过剩。然而,不到一个月时间,有分析师就却指出,有迹象显示,国际原油市场可能很快就要从供应过剩,转为供应短缺。这到底是怎么一回事呢?

首先,我们可以从与国际原油市场关系最为密切的油轮收益情况中了解到当前乃至未来原油的供应情况。据国际航运新闻网最新报道,波罗的海国际航运公会(BIMCO)首席航运分析师指出,2020年第一季度,是近十年来大型油轮收益最高的季度之一。这主要是由于一季度油价暴跌,市场比较倾向于囤积原油,待价而沽,可囤油的油轮租金及运价就应声上涨。
据国际航运新闻网(International Shipping News)5月7日消息,近几周,全球原油油轮收益呈大幅下降趋势。短短九天内(4月22日-5月4日),从中东湾到美国湾的超大型油轮的收益就从16.24万美元/天,大跌至3.62万美元/天,降幅近八成。反证可得,这一信号可能意味着国际油市已经逐渐倾向于将原油取出使用,供应也很可能也将不再过剩。

此外,随着欧佩克(OPEC)的减产协议5月开始生效,国际油市逐渐从期货溢价(远期期货价格高于近期期货)向现货溢价(现货价格高于期货价格)转变。而国际原油市场的现货溢价鼓励投资者将石油从库存中取出使用。
此外,中国、美国等多个国家开始复工,也消耗库存原油,进一步提振了国际原油需求。据Market Watch最新公布的报告显示,近几天,由于美国能源部门连续两天抽走汽油库存,美国汽油需求在四周内又创新高。

而中国复工步伐的稳步推进,也将进一步推高原油需求。目前,中国炼化厂的生产已经恢复了70%的产能。而据美国能源情报集团(Energy Intelligence)预测,二季度,中国的能源需求将环比增长100万桶/日,增幅约为10%。

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-10 14:47 | Report Abuse

U buy u stuck

BILLC

2,045 posts

Posted by BILLC > 2020-05-10 15:41 | Report Abuse

U don’t buy u gigit jari,,,,

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-10 21:01 | Report Abuse

Gigit jari because other o&g goes up but this one don’t move. Look at the past trend. It never move for years. Will continue not moving for years. Don’t waste ur time here.

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-12 09:51 | Report Abuse

See? I’m right right? Hahahah I never wrong

tkl88

8,712 posts

Posted by tkl88 > 2020-05-12 17:32 | Report Abuse

Wow, Fantastic !
Oil price continue to spike up !

As at 5.30pm,
Nymex at => $24.88 (+0.74) (+3.07 percent)
Brent at => $30.07 (+0.44) (+1.48 percent)

Huat ah ! Heng ah ! Ong ah !

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-12 17:44 | Report Abuse

Wow fantastic! Icon Price drop when all oil go up! Wow!

tkl88

8,712 posts

Posted by tkl88 > 2020-05-13 00:40 | Report Abuse

Wow, Amazing !
Oil price continue to spike up to sky high !

As at 12.38am,
Nymex at => $25.82 (+1.68) (+6.96 percent)
Brent at => $30.21 (+0.58) (+1.96 percent)

Huat ah ! Heng ah ! Ong ah !

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-13 09:34 | Report Abuse

Wow amazing! Today drop another 8% wow oil price up! Yayyyyy

tkl88

8,712 posts

Posted by tkl88 > 2020-05-13 16:26 | Report Abuse

Wow, today KLSE damn hot man !
Now KLSE at => 1,399.21 (+19.28) (+1.40%) !

tkl88

8,712 posts

Posted by tkl88 > 2020-05-13 16:26 | Report Abuse

Hari Raya bull run ? Especially today you can see all the glove stocks spike up crazily !

Huat ah ! Heng ah ! Ong ah !

MB Alife

27 posts

Posted by MB Alife > 2020-05-13 18:53 | Report Abuse

there are many other cheap undervalue counters to pick up from the list. turnaround story will not interest buyers atm. healtcare alone will make you tonnes.

BanglaMan

870 posts

Posted by BanglaMan > 2020-05-13 20:38 | Report Abuse

Yes all money dump in healthcare will make u crazy rich

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