ICON OFFSHORE BERHAD

KLSE (MYR): ICON (5255)

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Last Price

1.01

Today's Change

-0.04 (3.81%)

Day's Change

0.995 - 1.04

Trading Volume

1,045,200


11 people like this.

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

Risk Trader

3,942 posts

Posted by Risk Trader > 2015-01-06 18:48 | Report Abuse

Strong support at 0.50 cent....

beso

2,137 posts

Posted by beso > 2015-01-06 19:13 | Report Abuse

sooner or later it will be same price as tgoff

Risk Trader

3,942 posts

Posted by Risk Trader > 2015-01-06 22:15 | Report Abuse

So best buy when the price fall below 0.50 cent

damagpie

281 posts

Posted by damagpie > 2015-01-07 00:54 | Report Abuse

Severely oversold. Technical rebound should be kick in anytime soon (once the oil price takes a breather from dropping like a stone).

damagpie

281 posts

Posted by damagpie > 2015-01-07 00:55 | Report Abuse

Tempted to enter at this price but very cautious due to bad market sentiment.

zack_liza

1,560 posts

Posted by zack_liza > 2015-01-07 02:21 | Report Abuse

Tecnical analysis cant use for icon..still create new low..no hope....60% drop from ipo price at 1.85..just sell and convert to sona wa...buy at 0.12 below..may b can up at 0.20 to 0.30...icon like aax..still create new low may be at 0.50....

kentlim

40 posts

Posted by kentlim > 2015-01-07 10:10 | Report Abuse

callme77, still holding? 0.60 coming soon... Hahahahha......

sheep

3,850 posts

Posted by sheep > 2015-01-07 10:16 | Report Abuse

bad news for O&G companies:
"After slashing capex, Petronas plans up to 30% cut in opex"
http://www.thestar.com.my/Business/Business-News/2015/01/07/Another-cut-After-slashing-capex-Petronas-is-now-looking-at-reducing-operating-expenditure/?style=biz

orgkaya

83 posts

Posted by orgkaya > 2015-01-07 10:17 | Report Abuse

callme77 manyak diam la ini ali....buleh kasi itu kata semangat sikit wooo.hehehe

win1

168 posts

Posted by win1 > 2015-01-07 10:17 | Report Abuse

ZACK LIZA ,,,u wrong ...SONA- WA will come to 0.06 soon ...cos SONA have 30million debt with RHB BANK ....ICON is under KWSP ...will move up soon ....

callme777

1,586 posts

Posted by callme777 > 2015-01-07 10:50 | Report Abuse

U mean u all monitor everyday the share movement? Get a life! Long term friends. Lose rm40k ... So? I know u are happy I lose rm40k . So? Is it over? Is just paper loss. Those who laugh last laugh best

callme777

1,586 posts

Posted by callme777 > 2015-01-07 10:57 | Report Abuse

Anyway quing 100k @ 0.62. Buy dy don't see la. There is more to life. Spend time with ur family. Have faith in the company. Lose ma lose lo. Is money only. Can u buy time spend with ur children when they all grow up. Chill all. Is a mkt. there are ups and downs. Is not over till the fat lady sings. Change ur perspective in life. Be happy and stay healthy.

kentlim

40 posts

Posted by kentlim > 2015-01-07 10:58 | Report Abuse

Good info, sheep... Thumb up !

AK1882

89 posts

Posted by AK1882 > 2015-01-07 11:06 | Report Abuse

This counter should be delisted from KLSE..............it demoralise the staff..........fail the shareholders.....and last but not least............screw up all the investors......

kentlim

40 posts

Posted by kentlim > 2015-01-07 11:11 | Report Abuse

Lengang, lengang, lengang kangkung! kangkung di tepi jalan....

rlch

4,142 posts

Posted by rlch > 2015-01-07 11:13 | Report Abuse

Since Icon is indirectly owned by BN through Ekuinas we should vote PR in next election to teach BN a lesson for conning our money.

orgkaya

83 posts

Posted by orgkaya > 2015-01-07 11:38 | Report Abuse

lu ingat PR naik lia tala makan duit aaa??wa lasa sama saje maaaa...ini politics manyak kotor...

kentlim

40 posts

Posted by kentlim > 2015-01-07 12:10 | Report Abuse

All same same....

kentlim

40 posts

Posted by kentlim > 2015-01-07 12:11 | Report Abuse

yeah..... morning shift almost finish, closing at 0.635..... All the best all...

lucaluca

432 posts

Posted by lucaluca > 2015-01-07 12:42 | Report Abuse

Aiyoo.. World Oil price down .. afftected all O&G company all over the world la.. why la so narrow minded blame BN for everything? Otak udang betul la

orgkaya

83 posts

Posted by orgkaya > 2015-01-07 13:37 | Report Abuse

itu la pasai....ini cilaka lich.tala tau main share la...itu jamban belakang lumah dia losak pun lia salah kan BN...punai munya budak!

Posted by ketupatlazat > 2015-01-07 14:36 | Report Abuse

Aiyoooh Icon, why you like this one???

kalim288

626 posts

Posted by kalim288 > 2015-01-07 15:01 | Report Abuse

ini long kang share ke? shit share ?

orgkaya

83 posts

Posted by orgkaya > 2015-01-07 16:02 | Report Abuse

wa sulah cakap ini shale akan tulun ...tapi kawan2 semua masih buli ni lan jiao share...lu olang simpan luit dulu...tunggu itu clude oil sampai $40 per barrel balu beli n simpan lama..callme777 sulah beli awal cikit...sibab itu lia ini hali mood tala baik....lia mau jadi positive on a sinking shipp...kasian la ini budak

Andy88

581 posts

Posted by Andy88 > 2015-01-07 16:07 | Report Abuse

Why always got big amount block at certain price? Any stragetic?

alex2012

612 posts

Posted by alex2012 > 2015-01-07 16:22 | Report Abuse

still cannot see the bottom...

i think those major shareholder must be thinking to delist this stock and relist again next year with IPO price 1.85...

Penarak

91 posts

Posted by Penarak > 2015-01-07 16:25 | Report Abuse

0.615 - Surely can buy at this price .

Andy88

581 posts

Posted by Andy88 > 2015-01-07 16:29 | Report Abuse

so all keep selling now?

alex2012

612 posts

Posted by alex2012 > 2015-01-07 16:30 | Report Abuse

i advice dont look at the price, look at MACD, Bolinger band ...10 day moving average...all indicator point to bearish signal...looks like still got long drop to go...

Andy88

581 posts

Posted by Andy88 > 2015-01-07 16:31 | Report Abuse

But paper lose with serious now :(

blueberg

281 posts

Posted by blueberg > 2015-01-07 16:35 | Report Abuse

How low can it go?

murali

5,723 posts

Posted by murali > 2015-01-07 16:35 | Report Abuse

Beware of all Equinas counters....all drop like shits

ahson

368 posts

Posted by ahson > 2015-01-07 16:36 | Report Abuse

when it can find the support?

wahlaueh

208 posts

Posted by wahlaueh > 2015-01-07 16:40 | Report Abuse

Will go in @ 0.55...

James Teo

875 posts

Posted by James Teo > 2015-01-07 17:00 | Report Abuse

YES , close at day low , 0.50 closer.....

kentlim

40 posts

Posted by kentlim > 2015-01-07 17:02 | Report Abuse

Wah Lau Yehhhhhhhhhhhhhhhh...............................Drop Kaw Kaw! Taukeh, Kopi O kaw kaw satu !

damagpie

281 posts

Posted by damagpie > 2015-01-07 17:05 | Report Abuse

Maybank TP 0.26 ... Amazing.

kentlim

40 posts

Posted by kentlim > 2015-01-07 17:11 | Report Abuse

Today US Price for oil still ok ok ... Hopefully tomolo can up bit... Hope u all can "rice walk chicken"....

win1

168 posts

Posted by win1 > 2015-01-07 17:15 |

Post removed.Why?

Jack1214

85 posts

Posted by Jack1214 > 2015-01-07 17:21 | Report Abuse

Maybanj tp 0.26? Where is the announcement?

orgkaya

83 posts

Posted by orgkaya > 2015-01-07 17:31 | Report Abuse

wahahah....lu manyak jahat la win1....

kentlim

40 posts

Posted by kentlim > 2015-01-07 17:46 | Report Abuse

win1, orang kaya ada wang mah.. biar dia lan ci sikit lah... I duduk di corner senyum saja... Saya orang miskin ini, hanya tunggu ICON sampai 0.60 hanya beli 10 lot, turun 5 sen lagi, beli 20 lot, turun 5 sen lagi, beli 60 lot.... Hahahaha..

zzzpk

74 posts

Posted by zzzpk > 2015-01-07 18:01 | Report Abuse

Should I cut loss?

rlch

4,142 posts

Posted by rlch > 2015-01-07 18:01 | Report Abuse

TP research house Maybank and TA useless. All TP above RM 1 but now only 61.5sen. Nobody ask Icon CEO why you don't bother shareholder interestkah? Can Icon give dividend from their profit?

Azli

1,082 posts

Posted by Azli > 2015-01-07 18:04 | Report Abuse

Will jatuh smpai 0.50 then baru bounce back.

Posted by Raymond Tiruchelvam > 2015-01-07 18:24 | Report Abuse

earning per share cummulative period up to Sept 2014 is 11 cents per share (not even full year), while share trading at 61 cents.... thats just super undervalued position from a P/E standpoint.

lucaluca

432 posts

Posted by lucaluca > 2015-01-07 18:30 | Report Abuse

Those who hold this share.. just short sell.. Sell early in the morning and buy back end of the day.. everyday can make money.. love it. Don't just wait ..

paulthesotong

2,842 posts

Posted by paulthesotong > 2015-01-07 19:41 | Report Abuse

Petronas may slash 30% on domestic investment. Tmorrow free diving again.

Ravi Kumar

3,649 posts

Posted by Ravi Kumar > 2015-01-07 19:44 | Report Abuse

This is today morning news. Nothing new

rlch

4,142 posts

Posted by rlch > 2015-01-07 20:44 | Report Abuse

13. PROSPECTS FOR THE FINANCIAL YEAR ENDING 31 DECEMBER 2014

The upstream exploration and production activities in Malaysia is expected to continue to underpin the demand for OSV. The current challenging market condition resulting from the geopolitical environment, recent drastic weakening in the crude oil prices to about USD80 per barrel since middle of October 2014, coupled with the cost optimisation initiatives by oil companies is expected to impact the demand for OSV.

Whilst the industry outlook is expected to remain soft, a significant portion of the Group’s orderbook are long term (more than one year) in nature, providing the Group with cash flow stability and earnings visibility.

The Group remains focused to ensure its utilisation rate is maintained through aggressively tendering for domestic and regional work.

In view of this, the Board of Directors remain cautiously optimistic that the Group is able to sustain its profitability levels for the year.

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