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

wickedlion

893 posts

Posted by wickedlion > 2020-08-04 20:16 | Report Abuse

My take is regardless the coming Q result will be, the effect on its stock price will be very minimal because the price is way way wayyyyy undervalued for company that already making money with existing long term contracts and enough cash in hand to weather current issues. They're even hiring right now for their OSV operations.

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 10:05 | Report Abuse

@BanglaMan I am upbeat that Icon coming result is not as bad and even if it is a loss, it would not be as bad. The loss would not significantly impact the current price since it is already heavily undervalued based on Q4 EPS at 0.63 cents (2.52 cent annualized) when they begin to be back in black. Using this figure, current price is only at 4x PE ratio when industry PE is around 25x. This is about 21x undervalued. When pandemic comes to an end, its price would highly probable to shoot up way over the roof top.

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-05 10:07 | Report Abuse

Made some money, time to put abit in icon... should I @wickedlion?

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 10:11 | Report Abuse

@BanglaMan I want to put some anytime now but my pocket bocor oredi. If I do have extra and have years of holding power, I would not hesitate.

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 10:15 | Report Abuse

@BanglaMan should you or not, it is up to your trading plan and your better judgement.

Posted by ihopeimpredictking > 2020-08-05 10:37 | Report Abuse

Walao this Bangla hahaha he's sharing the faalse news around the i3 investor market

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-05 15:10 | Report Abuse

I am more confident on the perisai news compared to the mqtech one.. haha...

neohts

2,457 posts

Posted by neohts > 2020-08-05 15:13 | Report Abuse

up down and U turn very fast. Watch up.

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 15:23 | Report Abuse

eagerly waiting gor perisai news...

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 15:29 | Report Abuse

Don't follow MQ Tech but I do know RTO. The acquiring private co has to be cash rich.

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 15:30 | Report Abuse

..and MQ tech is a loss making company since 2016 why so big fuss?

trade101

334 posts

Posted by trade101 > 2020-08-05 15:32 | Report Abuse

suddenly awaken...got news?

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 15:35 | Report Abuse

no news..maybe goreng2 warm up.

kslee81

163 posts

Posted by kslee81 > 2020-08-05 16:32 | Report Abuse

Wait.........

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 21:22 | Report Abuse

Brent Crude breaks USD46!

trade101

334 posts

Posted by trade101 > 2020-08-05 21:31 | Report Abuse

Tomorrow sure up

wickedlion

893 posts

Posted by wickedlion > 2020-08-05 21:58 | Report Abuse

if recovery continues, this counter is gold!

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-05 22:10 | Report Abuse

Congrats man. You have earned it!

sharewiz118

1,880 posts

Posted by sharewiz118 > 2020-08-05 22:54 | Report Abuse

Today brent crude oil price surpassed USD 46 certainly a wake up call

tkl88

8,712 posts

Posted by tkl88 > 2020-08-06 00:06 | Report Abuse

Wow, Fantastic !
As at 11.55pm, Dow Jones super bullish!
DJI=> 27,159.72 (+331.25) (+1.23%) !

neohts

2,457 posts

Posted by neohts > 2020-08-06 09:19 | Report Abuse

Friday normally down due to week end. Watch out.

neohts

2,457 posts

Posted by neohts > 2020-08-06 09:46 | Report Abuse

ICON can go up and down very fast. Sometime can eat up very fast and sometime can just throw down immediately. All gone within a few minutes.

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-06 10:40 | Report Abuse

Not yet time.. wait...

Hype90

6 posts

Posted by Hype90 > 2020-08-06 10:44 | Report Abuse

TP ?

newkid

966 posts

Posted by newkid > 2020-08-06 22:45 | Report Abuse

if crude oil price continue up trend, i sure sapu this icon again !

Posted by Miz Raya Bloom > 2020-08-07 16:24 | Report Abuse

apa la nak kisah, you all boleh goreng kan?

Shines

2,824 posts

Posted by Shines > 2020-08-08 13:42 | Report Abuse

I feel this level ok to collect and wait.

yusffi

48 posts

Posted by yusffi > 2020-08-10 21:27 | Report Abuse

@miz Raya bloom jom goreng sama2

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 10:51 | Report Abuse

goreng coming...

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-11 10:56 | Report Abuse

Ready guys?

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-11 10:57 | Report Abuse

My assumption is the results will be posted alongside the good news. It’s just assumption. The good news will be to support the lacklustre results. But if I’m proven wrong, maybe good news coupled with good results ;)

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 10:59 | Report Abuse

buckled my seat...ready!

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-11 11:02 | Report Abuse

Tp today 15 cents! See I’m wrong or right.

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 11:06 | Report Abuse

let's vote you're right!...LoL

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 11:32 | Report Abuse

Demand seems healthy. Other O& G already making their moves. Moving closer to TP

BanglaMan

870 posts

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

Very heavy pressure despite high demand.. seems like a lot queueing to sell

newkid

966 posts

Posted by newkid > 2020-08-11 12:30 | Report Abuse

take profit ! sold 3 million 13.5 sen hihihi

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 12:39 | Report Abuse

even 13.5 cent already dirt cheap!

Posted by HuatlaiOnglai > 2020-08-11 14:49 | Report Abuse

Icon is one of the lowest price Oil & Gas counter. Can it bend it like Supermax?

ttluck

769 posts

Posted by ttluck > 2020-08-11 14:57 | Report Abuse

If can reach 0.2 in short term.. Gud enuz lor..

Mashoh95

272 posts

Posted by Mashoh95 > 2020-08-11 15:08 | Report Abuse

O$G counter all up, icon one of the lowest price, buy before late

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 15:48 | Report Abuse

last call before take off

Posted by Miz Raya Bloom > 2020-08-11 16:20 | Report Abuse

AVG TP kat atas 0.42 :)

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-11 16:42 | Report Abuse

Aiyaaaaa miss my Tp by 0.005 today... close 14.5 instead of 15 cents... I am wrong...

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 16:45 | Report Abuse

tomolo?

BanglaMan

870 posts

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

Tomorrow tp 17 cents :) hope I’m right

BanglaMan

870 posts

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

Btw if u have any mqtech, beware... the news will be out these few days... and the price is showing me that the news won’t be good. It’s your bet.

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 16:47 | Report Abuse

tomolo tp 20 cents...hope you're wrong lol

wickedlion

893 posts

Posted by wickedlion > 2020-08-11 16:57 | Report Abuse

not holding any mqtech..not convinced with fundamental..btw, what just happened to O&G?

BanglaMan

870 posts

Posted by BanglaMan > 2020-08-11 16:59 | Report Abuse

O&g play now.. aiya can someone buy 15 cent abit more I correct hhahahhahah

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