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

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-17 10:34 | Report Abuse

If compare with Perisai(similar price O&G) Icon can win 2 O&G contracts this year(Perisai 0?) and on latest QR Icon do better. Why Icon lower price than Perisai?

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-17 10:59 | Report Abuse

Despite PETRONAS report lower profit(& warning to cut capex) yet Icon still manage to win 2 O&G contracts of RM 99 million and RM 55 million this year is not bad.

supernova

1,923 posts

Posted by supernova > 2015-08-17 12:18 | Report Abuse

wow 30c.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-17 17:54 | Report Abuse

Why forget attack rockyleft O&G counters? Tomorrow attack back.

nice1

819 posts

Posted by nice1 > 2015-08-17 19:59 | Report Abuse

rockycleft, at what price u think is safe to go in yr end or next year Icon? Alam? UMWOG?

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-17 20:50 | Report Abuse

rockycleft RM 1.50 you mean UMWOG. You can search from Icon thread whether my name appear at RM 1.50 as you said.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-17 20:52 | Report Abuse

nice1 I know rockycleft style. He sell cheap counter like Icon to buy expensive counter like UMWOG at above RM1.50, Uzma, TAS. He is here for fun now.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-17 21:21 | Report Abuse

Pity rockycleft now become angry man. Angry man is not good to invest in stock market. Better put your money in bank or buy property.

891088

595 posts

Posted by 891088 > 2015-08-18 15:20 | Report Abuse

Icon..still excited to buy? If the price 10sen..I'm still not interested to buy it.

SHQuah

5,363 posts

Posted by SHQuah > 2015-08-18 16:48 | Report Abuse

“According to Petronas’ second-quarter results, the crude oil, condensate and natural gas volume production for the first six months was 2,327 thousand barrels of oil equivalent per day (boe/day), up from 2,234 thousand boe/day in the corresponding period last year.

“It was mainly due to the increase in new production streams in Malaysia, Iraq and Azerbaijan. This shows that the decline in exploration oil rigs does not have an immediate impact on current production,” said the analyst.

O&G players that own or support drilling rigs include UMW Oil & Gas Corp Bhd (UMW O&G), SapuraKencana Petroleum Bhd (SapKen), Icon Offshore Bhd, Alam Maritim Resources Bhd and Perisai Petroleum Bhd.

annmix

1,521 posts

Posted by annmix > 2015-08-19 13:41 | Report Abuse

Its thier money ppl want to buy icon they took thier own risk, no need to attack people desicion to show how good u r in investing, if u r really not investing in icon, why everyday come here n laugh at people?

tony89

303 posts

Posted by tony89 > 2015-08-19 23:58 | Report Abuse

liked. the best decision you make is not to make a decision, sometimes equivalent to 以退为进。lol

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-20 08:40 | Report Abuse

Icon reach RM 1.50 before as someone said here. If buy now and reach RM 1.50 again I make 5X more. Why cannot buy now? Buy low and sell high if want to be rich.

annmix

1,521 posts

Posted by annmix > 2015-08-20 11:51 | Report Abuse

Seems like finding bottom between 28-30sen range

nice1

819 posts

Posted by nice1 > 2015-08-21 11:40 | Report Abuse

without share buyback and new shareholders coming in as oil price dwindling at low end, its far from bottom

Hopefully, we can see a different picture in Q4

SHQuah

5,363 posts

Posted by SHQuah > 2015-08-21 14:06 | Report Abuse

events@chartnexus.com

Good time to buy good stocks at low price

annmix

1,521 posts

Posted by annmix > 2015-08-21 15:36 | Report Abuse

rockycleft , funds are exiting not only icon, most oil n gas counter facing this similiar situation , all discounted almost 80% from the peak, perisai, alam, knm etc , why should i angry ? i just start buying some icon from 29sen, i only stuck with perisai n alam.. about 50% paperlost for now , for me i think now its time start buying some for long tems, i jus dont like people just simply whack tp like 5 sen, 10 sen , its stupid n talk nonsense, now there might be supply glut , but do remember , human consume oil everyday, oil is not like gold.. gold is always there but oil will finished one day, i really dont believe all the supply n demand shit, i only know oil price are manupulated by those market player, now they can release all bad news everyday, but they can also suddenly change the story n push up the price again next year.. we will jus have to wait n see

annmix

1,521 posts

Posted by annmix > 2015-08-21 16:36 | Report Abuse

sorry its not me talking about 5x profit, get your target right, yes its my money i buy whenever i want to , coz i can hold, talk is easy, but its not easy that u can really buy when it reached bottom..saw many bullshit people before jus talk but never buy when reach bottom coz they are waiting at 5sen only

paulthesotong

2,840 posts

Posted by paulthesotong > 2015-08-21 20:23 | Report Abuse

Ekinuas sold Burger King 4 RM 74.6M, maybe some loose change to increase in ICON .

alphajack

3,685 posts

Posted by alphajack > 2015-08-21 20:25 | Report Abuse

15 cents la this company..doesnt deserve more no offense

tony89

303 posts

Posted by tony89 > 2015-08-22 02:13 | Report Abuse

and how is MACC case going on so far. lol

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-23 05:48 | Report Abuse

tony89 no news is good news. Actually most of MACC case is their routine jobs doesn't mean any wrong doing on counter party. Please tell me which MACC case end up in prosecution. Just wait for QR news which is latest by 28th Aug to show whether Icon can still make profit.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-23 05:48 | Report Abuse

paulthesotong I agree with you. Ekuinas is not the one selling Icon for share price drop meaning Icon is better than Burger King financially.

alphajack

3,685 posts

Posted by alphajack > 2015-08-23 19:37 | Report Abuse

15c ! 15! LELONG

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-24 09:24 | Report Abuse

I thought Icon recent drop is due to Ekuinas selling but actually not. They are selling Burger King not Icon despite numerous bad news.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-24 09:24 | Report Abuse

How much Icon stake can Ekuinas buy with RM 74.6 million Burger King sales proceed?

Posted by Time_to_buy > 2015-08-25 10:18 | Report Abuse

Bought today 25.5-26.5sen.

Posted by Mohd Rizal Mohd Shariff > 2015-08-25 22:14 | Report Abuse

see no evil hear no evil....need some time to recover back...big task for our best senior capt to make it back to track soon..insha allah.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-08-27 21:57 | Report Abuse

Empty Drum Makes The Loudest Noise - people like rockycleft and alphajack?
Those who has bought Icon last 2-3 days would have made money.

faizkl

268 posts

Posted by faizkl > 2015-09-04 06:41 | Report Abuse

rockycleft, are u a keyboard warrior?? Because it seems when Oil_n_Gas comment 1, u reply him with 3 comments.. rockycleft, it is better to use rifles or swords instead of keyboard..

Friend

1 posts

Posted by Friend > 2015-09-04 10:08 | Report Abuse

faizkl or anyone here, if you cannot stand any post just press "Report Abuse" button. Let admin take actions.

Oil_n_Gas

314 posts

Posted by Oil_n_Gas > 2015-09-07 10:01 | Report Abuse

When oil price is low like this month eg Ron95 RM 1.95/ltr, people tend to use more oil ie they travel more so actually usage for oil will increase. O&G future is still bright.

mamakkutty

288 posts

Posted by mamakkutty > 2015-09-08 13:00 | Report Abuse

Ron95 RM 1.95/ltr is cheap? and people will tend to burn away a tank of petrol jalan-jalan makan angin?

Icon8

737 posts

Posted by Icon8 > 2015-09-08 15:09 | Report Abuse

Bought today 30-31sen.

edwanee

7 posts

Posted by edwanee > 2015-09-09 09:39 | Report Abuse

Bought today 32.5sen.

Posted by AYULcapitalist > 2015-09-09 13:34 | Report Abuse

PT for sell ?

Icon8

737 posts

Posted by Icon8 > 2015-09-11 05:00 | Report Abuse

Oil up again. Time to load up more today.
http://www.bloomberg.com/energy

edwanee

7 posts

Posted by edwanee > 2015-09-11 10:15 | Report Abuse

bought today 34-35.5sen.

Icon8

737 posts

Posted by Icon8 > 2015-09-11 11:48 | Report Abuse

Still cheap. Add more 34.5-35.5sen today.

Posted by Tabung_Haji > 2015-09-11 11:53 | Report Abuse

bought today 34-35.5sen.

edwanee

7 posts

Posted by edwanee > 2015-09-11 12:03 | Report Abuse

riff when buy cheap is not a trap. 80sen and above maybe yes but not below 40sen or 34sen like today. Add more 34sen.

satay

1 posts

Posted by satay > 2015-09-13 03:34 | Report Abuse

Cheap satay. Less than 40sen a stick. Very delicious.

edwanee

7 posts

Posted by edwanee > 2015-09-14 09:36 | Report Abuse

bought more today 34-35 sen.

SHQuah

5,363 posts

Posted by SHQuah > 2015-09-14 13:21 | Report Abuse

KUALA LUMPUR (Sept 14): Malaysian Prime Minister Najib Razak said on Monday a government equity investment firm would be given 20 billion ringgit (US$4.6 billion) to shore up the country's stock market, and announced other measures to support its slowing economy.

Najib told a newsconference the equity investment firm, ValueCap, will invest in undervalued Malaysian companies.

He also announced that the factory sector would be exempted from import dutires until the economy recovers, but did not specify which sectors would be affected.

The ringgit currency has lost almost 19% of it value against the dollar so far this year, and Malaysia's stock market has retreated 8.95% this year.

SHQuah

5,363 posts

Posted by SHQuah > 2015-09-14 15:26 | Report Abuse

ICON is one of the government Value Cap stocks.....Company partly own by Government ?

annmix

1,521 posts

Posted by annmix > 2015-09-15 09:44 | Report Abuse

wow not bad, better than perisai now

BN_menang

2,982 posts

Posted by BN_menang > 2015-09-15 10:19 | Report Abuse

Why no more power? At least 40sen ma.

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