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

zamsaham

778 posts

Posted by zamsaham > 2014-06-25 16:41 | Report Abuse

ya la, sabar.

Its not DATASONIC.

Wait, not selling for peanut.

twim

302 posts

Posted by twim > 2014-06-25 16:41 | Report Abuse

Yes must hold a few weeks to see profit.
All this big counters style is like tat one.
For eg, astro, westports, umwog, titijaya all open weak but look at it now...
I am holding til rm2.50 too

bjgdila123

3,470 posts

Posted by bjgdila123 > 2014-06-25 16:43 | Report Abuse

beli bawah ipo dijamin untung

bennike129

325 posts

Posted by bennike129 > 2014-06-25 16:44 | Report Abuse

yea, FA is good on this. medium term

tlbeng

905 posts

Posted by tlbeng > 2014-06-25 16:46 | Report Abuse

when dsonic drops, all the people who didn't buy are laughing at those who're holding...
when dsonic rise, all the people who didn't buy diam diam at corner there pressing their balls
same story everywhere, just ignore those who're trying to cause panic sales
same story happens to a lot of counter, once you get used to it, you don't really give a shit on them lol

wongkok

52 posts

Posted by wongkok > 2014-06-25 16:46 | Report Abuse

Tomorrow boustead plantation opening will be very quiet, nobody will jump in the first second. What a bad precedent Icon has set!

wongkok

52 posts

Posted by wongkok > 2014-06-25 16:47 | Report Abuse

A truly ICONIC listing!!!!

AhJee

467 posts

Posted by AhJee > 2014-06-25 16:48 | Report Abuse

ya totally agree. I jump in above 2.05 sien

wongkok

52 posts

Posted by wongkok > 2014-06-25 16:48 | Report Abuse

Nextime, all retailers should boycott! Dont subscribe for the IPO!

wongkok

52 posts

Posted by wongkok > 2014-06-25 16:52 | Report Abuse

All cornerstone investors all shivering now.

JimYeoh

1,514 posts

Posted by JimYeoh > 2014-06-25 16:53 | Report Abuse

maybe below 1.85 tmr

moneytree

16 posts

Posted by moneytree > 2014-06-25 16:53 | Report Abuse

this is the spirit guy!!! today scenario only to scare the ikan bilis investor, Real investor wait until Rm2.30-2.50 and sell due time to come. so happy buying at Rm1.92. This is classic example like Pchem, Gas Malaysia, Astro listing ( Astro slaughter many ), keep in due time, all of us will be rewarded. Agree with twim. Just need to control your emotion, dont panic and settle for chicken feed profit or cut your lost to soon. Tomorrow Boustead turn, hope for the best.

supremekk

16 posts

Posted by supremekk > 2014-06-25 17:00 | Report Abuse

someone is collecting now

Livinia

512 posts

Posted by Livinia > 2014-06-25 17:00 | Report Abuse

i also lompat at 2.05, wat a truly I-CON-IC listing

speakup

27,014 posts

Posted by speakup > 2014-06-25 17:05 | Report Abuse

Oversubscribed 16x, Icon really slaugher many sheep today.

zackboy

243 posts

Posted by zackboy > 2014-06-25 17:05 | Report Abuse

I kena Con (ICON)

Posted by Edmund investor > 2014-06-25 17:09 | Report Abuse

Soon below 1.50

Posted by ray_then0116 > 2014-06-25 17:09 | Report Abuse

I kena Con too

freonsf

645 posts

Posted by freonsf > 2014-06-25 17:10 | Report Abuse

siapa tak kena slaugh hari ni? tak mungkin

twim

302 posts

Posted by twim > 2014-06-25 17:12 | Report Abuse

Need to clear all the weak holders and those on share financing...tmoro maybe press down lagi. I will buy some more at rm1-85-1.88 but dunno can get or not. Today jumped in at rm1.97. Ipo keep in freezer....iconic ts chua ma you is a cornerstone wo...scared meh ? Steady mannn

cipapo

1,288 posts

Posted by cipapo > 2014-06-25 17:13 | Report Abuse

Icon use their latest vessel to bring all shareholder to Indian ocean..

cipapo

1,288 posts

Posted by cipapo > 2014-06-25 17:13 | Report Abuse

All lies....

weijian

477 posts

Posted by weijian > 2014-06-25 17:27 | Report Abuse

Hahaha, all funny statements. keep your shares for a decade.

Posted by optimusx8888 > 2014-06-25 17:43 | Report Abuse

Hahaha. So happy so many get caught!

HarryChin

171 posts

Posted by HarryChin > 2014-06-25 17:45 | Report Abuse

stock market.. do more homework...

sasopi87

641 posts

Posted by sasopi87 > 2014-06-25 19:12 | Report Abuse

tomolo below 1.80..............

oon168

204 posts

Posted by oon168 > 2014-06-25 19:22 | Report Abuse

i think $1.00(p/e so high)

weijian

477 posts

Posted by weijian > 2014-06-25 19:38 | Report Abuse

I'm curious, why all of you are so pessimistic, the price closed 0.06 higher than IPO price, aren't this a good sign? Why the price has to drop on tmr? You never know what'll happen. Cheer up. hahaha.

cipapo

1,288 posts

Posted by cipapo > 2014-06-25 19:42 | Report Abuse

It's to kill contra players

oon168

204 posts

Posted by oon168 > 2014-06-25 19:44 | Report Abuse

today worry.tomorrow happy.

Posted by optimusx8888 > 2014-06-25 19:46 | Report Abuse

looks like this stock will goto 1.50 after the stabiliser expired in 2 weeks.

bing

3,794 posts

Posted by bing > 2014-06-25 19:47 | Report Abuse

Don't so sad. Learn from here. Keep or buy more for accumulated. Most of us bought in higher.

jolie2

2,039 posts

Posted by jolie2 > 2014-06-25 19:48 | Report Abuse

ipo stock have to buy slow-slow (4 to 5 lots at a time).
The share price is not as high if to compare like top glove that drop from 6.00 to 4.50 . Drop like that will have heart attack.

If the worst case it drop to 1.50 same price as alam, it is not more than 1.00 drop.
therefore, average small-small about 8% drop per time.

Sure technically, it will rebound one day. Don't cut loss, as when it rebound , you will regret. Don;t follow the herd- People jump, you also jump.

Chua Ma Yu bought at 1.85 and i think he will hold more than a year. This people make big money bcos they don;t panic. They are steady.

oon168

204 posts

Posted by oon168 > 2014-06-25 19:54 | Report Abuse

tomorrow happy because today worry.

Posted by Isma Iskandar > 2014-06-25 19:59 | Report Abuse

Icon Offshore's after-tax profit for the quarter ended March 31, 2014 jumped 525% to RM19.5mil from RM3.12mil a year earlier while its revenue came in at RM80.1mil, up 22.6% from RM65.3mil previously.

It raised RM944.9mil under its IPO. The amount raised was the top end of the guidance provided by the company which is majority owned by Ekuiti Nasional Bhd.

Icon Offshore was a merger between Tanjung Offshore Bhd's offshore support vessel (OSV) unit, which Ekuinas bought in 2012, and Omni Petromaritime Sdn Bhd in a deal put together by Ekuinas in 2012.

Posted by Isma Iskandar > 2014-06-25 20:00 | Report Abuse

Moreover,

Malaysia's Icon Offshore Bhd, whose ships offer support services for oil platforms, rose 12% in its market debut, with investors keen on its growth outlook given heavy capital spending plans by state oil firm Petronas.

Icon, 88% held by Ekuiti Nasional (Ekuinas), a government-owned private equity fund, is the country's largest pure-play offshore service vessel provider, with 32 ships and 14% of the domestic market.

It has a young fleet with an average age of 5 years compared to 11 for Southeast Asian rivals and is well placed to benefit from Petroliam Nasional Bhd's (Petronas) efforts to increase oil production.


What I can say, HOLD IS GOLD GUYS..

bing

3,794 posts

Posted by bing > 2014-06-25 20:05 | Report Abuse

'I am gold guy'! Everybody!

jolie2

2,039 posts

Posted by jolie2 > 2014-06-25 20:11 | Report Abuse

the weekly edge said icon has a low PEG ratio that is significant below its peers despite high PE.
A low PEG ratio signifies the undervaluation of a stock, given its earning performance.

The PEG ratio is used to determine a stock value after factoring in the company earning GROWTH. It is viewed as a better measure than the PE.

So , hold this baby. Grow it until it become adult and let it go after she has married.

Today, she is just one day old and you all start to abandon her.

Posted by 爱丽斯 梦幻世界 > 2014-06-25 20:13 | Report Abuse

Ekuiti National = Permodalan National?

Posted by 爱丽斯 梦幻世界 > 2014-06-25 20:14 | Report Abuse

i know rdy, Ekuinas

Posted by 爱丽斯 梦幻世界 > 2014-06-25 20:16 | Report Abuse

Whoes Icon Major customer? Who can give us more clear picture about Icon?

Posted by Isma Iskandar > 2014-06-25 20:23 | Report Abuse

Petronas, however, accounted for 80% of Icon's revenue last year and heavy dependence on the state oil firm could work against Icon if Petronas decides to scale back its plans.

BNP Paribas, Credit Suisse and Maybank Investment Bank were joint global co-ordinators of the IPO.

jolie2

2,039 posts

Posted by jolie2 > 2014-06-25 20:23 | Report Abuse

icon customer
petronas carigali, sapurakencana,shell, ap moller-maersk group, exxonmobil, petrofac, newfield and hess.

this is all well known international customer. Not kacang-putih customer.

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-06-25 20:28 | Report Abuse

the optimus clown keep giving negative comment everywhere

bing

3,794 posts

Posted by bing > 2014-06-25 20:31 | Report Abuse

KJ Cheah, that's ok for me. His is our old member.

Azli

1,082 posts

Posted by Azli > 2014-06-25 20:32 | Report Abuse

You see good comments here and there
Let's wait and see tmrw.

KJ Cheah

558 posts

Posted by KJ Cheah > 2014-06-25 20:34 | Report Abuse

old member can bullshit like a clown everywhere?

bing

3,794 posts

Posted by bing > 2014-06-25 20:36 | Report Abuse

Haha.. I really don't understand. But, sudah biasa. Hi, optimus123.

Posted by 爱丽斯 梦幻世界 > 2014-06-25 20:41 | Report Abuse

Thanks Isma Iskandar & jolie2

jolie2

2,039 posts

Posted by jolie2 > 2014-06-25 21:10 | Report Abuse

watch this "Buy right. sit tight "

http://www.youtube.com/watch?v=2rpp6iLD2sg

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