Icon made RM 59 million net profit in 2014. So if spend RM6-RM10 million to buy back share when share price is low like now should not be a problem. Tabung Haji as last major buyer will agree on share buy back in coming AGM(27/5).
Buy low sell high is the way to make good money in equity, but that definitely not apply to Icon, which 'books' already being cooked by his top 2 executives and we didn't see clear about it yet. Those who already bought it at high price like Mr Rich, an economist graduated from UM, Malaysia's Harvard, who had being fuck up kaw kaw by this Icon and didnt learn a thing or two about 'cut-loss' or 'risk management' or capital protection plan' and just let Icon sunk him. What an UM guy!! Everyday come here try to lure innocent ppl to buy into Icon and to sink with him. Those who haven't buy it should never touch it, we must avoid risks at all cost because Icon's future is same as his books, dark as charcoal. Hopeless!
What an UM guy! Always made assumption in his wonderdream. I bet GPA definitely no 3.85, maybe only 2.xx, barely graduated. That's why always stuck in junk graded stocks lo. I always buy stocks with huge safe net price, never lost a dime in any counters since 2009.
Once a wise man had said, "you rather believe there are ghosts in this world, but never believe a loser's mouth". Mr Rich, we're really sorry regard your investment path, seem like you always stuck into junk stocks. Fail once maybe is bad luck, but fail two, three and more, that definitely got something to do with yr "brain".
Before that I will move out from there and live in first world to better understand how is the first worlder compare to third worlder I had nothing to loss than forever to be third worlder in my life And never understand what is the first worlder mindset
Ferisc MACC is checking Dr Jamal not Icon. So far no news. Business is as usual for Icon meaning contract sign so far will not terminate. If follow Focus magazine should a better CEO be found Dr Jamal no longer required back as CEO after his 6 month leave.
687423 what counter you want to promote if not Uzma? Syscorp? Both also I am not interested.
It is hard to change a third worlder mindset They are taught by their third worlder mentor They can't accept what is usual in first worlder That is why the only way to help them is treat them cruelly until they cry for justice
687423 earlier say not promoting Uzma then yes, how to trust you?
Posted by 687423 > May 10, 2015 06:19 PM | Report Abuse
No, I M not promoting Uzma, just giving you a small little tip to let you make some profit for once in your life. You had lose in almost all counters!
Posted by 687423 > May 10, 2015 10:17 PM | Report Abuse
Uzma is heavily involved in high tech oil well service sector and had been performing well . Buy Liao....before it recover to 3 plus. Crude may recover any time soon. Invest in the ctr. As for icon, wait till you are certain. Wise man stay, only fool rush in.
I already said to you you want to promote Uzma please go to Uzma thread. I want to see how you promote and I answer you there.
Time to get in again with the news they will buy back share I think they are smart to attract people I will still prefer share buy back without any earlier announcement
Tabung Hazi had now got smart and decided to dispose some Icon's shares. They still has allot of these shares to sell. So it will be very difficult for Icon to move up. It will be a matter of time before other local investers follow suit. People in T Hazi just sit up and quickly disposed these shares just like they had earlier influenced into buying asset from 1MDB.
TP by Maybank(my IB) maintain at 98sen in their report today. If read Icon 2014 annual report many well-known shareholders own Icon shares. Among them are Ekuinas, Tabung Haji, LTAT, ASB, EPF, PNB, GIC(S'pore). Hopefully after coming AGM share buy back resolution approved, Icon quickly buy back their own shares while still cheap.
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....
rlch
4,142 posts
Posted by rlch > 2015-05-06 11:39 | Report Abuse
Even brokerage house never revise TP so latest TP 80 & 98sen maintain despite MACC issue.
http://klse.i3investor.com/servlets/stk/pt/5255.jsp