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

limch

3,262 posts

Posted by limch > 2017-04-28 10:55 | Report Abuse

How about merger between Icon and Orkim?

oasischeah

1,461 posts

Posted by oasischeah > 2017-04-28 11:10 | Report Abuse

icon will sudden plunge to below 30cts soon if deal is off.

sheep

3,850 posts

Posted by sheep > 2017-04-28 11:18 | Report Abuse

Icon is PNB baby. Will go up next month. Buy to keepp

ladahitam

578 posts

Posted by ladahitam > 2017-04-28 11:23 | Report Abuse

icon merger is going through

Posted by davidvestor > 2017-04-28 11:24 | Report Abuse

I think eventual the deal will go through, but on new terms, to please UMWOG minority approval..timing wise it likely to be next or so.

valuelurker

1,133 posts

Posted by valuelurker > 2017-04-28 13:54 | Report Abuse

The dumping is due to the uncertainty surrounding whether the deal goes through or not...if it does, you're looking at price popping back up to near 50cts, if it doesnt, well......

High risk, high return

Cimbnet

317 posts

Posted by Cimbnet > 2017-04-28 14:10 | Report Abuse

What if it doesn't? How much u think icon worth?

Posted by davidvestor > 2017-04-28 14:28 | Report Abuse

valuation is 30%-50% NTA, base on this icon is worth <RM0.30

limch

3,262 posts

Posted by limch > 2017-04-28 14:37 | Report Abuse

Is oo sim. You know Hokkien?

Posted by cooling > Apr 28, 2017 01:38 PM | Report Abuse
not orkim...its orr sii....it will close the day low...just watch...

limch

3,262 posts

Posted by limch > 2017-04-28 14:38 | Report Abuse

I see it climbing back. Why so many sour grape here? Sold at 35 sen?

Apollo Ang

3,181 posts

Posted by Apollo Ang > 2017-04-28 14:46 | Report Abuse

sure sour grape lah I still hold on IPO got one at RM 1.85 20,000 units, how to ever recover?

Cimbnet

317 posts

Posted by Cimbnet > 2017-04-28 14:52 | Report Abuse

Lol same here apollo. Today might turn green? All tension for the result.

Undi_PAS

582 posts

Posted by Undi_PAS > 2017-04-28 15:44 | Report Abuse

If PAS rule sure won't allow casino in Bursa. People like cooling, davidvestor, etc must be chopped their hand and head.

Octopus

549 posts

Posted by Octopus > 2017-04-28 15:50 | Report Abuse

erm... i see it is about to go..

Octopus

549 posts

Posted by Octopus > 2017-04-28 15:51 | Report Abuse

a fireworks sign detected..

jayalbert

1,574 posts

Posted by jayalbert > 2017-04-28 15:57 | Report Abuse

can sue whoever brokered this deal, but then again.. may not win

Posted by davidvestor > 2017-04-28 15:59 | Report Abuse

David is not speculator, just stating the fact reported, bro don't gamble and respect the facts and u going make good..:)

Undi_PAS

582 posts

Posted by Undi_PAS > 2017-04-28 16:00 | Report Abuse

How abt this post?

cooling not orkim...its orr sii....it will close the day low...just watch...
28/04/2017 13:38

Undi_PAS

582 posts

Posted by Undi_PAS > 2017-04-28 16:01 | Report Abuse

And this?

cooling insider said may revise price to 0.28 only
27/04/2017 00:48

BigDaddyCool

1,806 posts

Posted by BigDaddyCool > 2017-04-28 16:01 | Report Abuse

apollo ang we r in the same boat...they are out basically to deceived the public money...How can BURSA allowed this sickening things happen without taking any legals summoned towards the company..You are tallking about an IPO which have fallen since its debut listing.Im anger and no wounds could healed every single investor out there!

Undi_PAS

582 posts

Posted by Undi_PAS > 2017-04-28 16:05 | Report Abuse

Apollo Ang I saw your posts here and in many counters. No wonder support for our govn less and less by the day. Previously when no Bursa or few counters listed support for BN very strong.

Undi_PAS

582 posts

Posted by Undi_PAS > 2017-04-28 16:13 | Report Abuse

BigDaddyCool I believe cooling is behind it. I support report to Bursa. You can see him in many counters sold down teruk-teruk 1.

OngLai88

1,234 posts

Posted by OngLai88 > 2017-04-28 16:16 | Report Abuse

Many foolishly sold to the sharks....are now banging .....

nelayan

217 posts

Posted by nelayan > 2017-04-28 17:11 | Report Abuse

Valuelurker very geng.......

limch

3,262 posts

Posted by limch > 2017-04-29 11:57 | Report Abuse

SUBSTANTIAL SHAREHOLDERS ACCORDING TO THE REGISTER OF SUBSTANTIAL SHAREHOLDERS
No. of Shares Held
Substantial Shareholders Direct Percentage (%) Indirect Percentage (%)
Hallmark Odyssey Sdn. Bhd. 497,768,820 42.28 - -
Lembaga Tabung Haji 102,111,868 8.67 - -
E-Cap (Internal) One Sdn. Bhd. - - 497,768,820(1) 42.28
E-Cap (Internal) Two Sdn. Bhd. - - 497,768,820(1) 42.28
Ekuinas Capital Sdn. Bhd. - - 501,081,988(2) 42.57
Yayasan Ekuiti Nasional - - 501,081,988(3) 42.57
UMW Oil & Gas Corporation Berhad 497,768,820(4) 42.28 - -
UMW Holdings Berhad - - 497,768,820(5) 42.28
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5412837

limch

3,262 posts

Posted by limch > 2017-04-29 11:58 | Report Abuse

If read yesterday released 2016 Annual Report UMWOG already owned 42.28% Icon.

hklcheng

1,317 posts

Posted by hklcheng > 2017-04-30 18:56 | Report Abuse

nextweek wil drop back

Good_News

601 posts

Posted by Good_News > 2017-05-01 17:36 | Report Abuse

Heard 50 sen cash payment likely come true. Good chance to add if drop.

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-02 18:44 | Report Abuse

Apa macam? Deal on or off

limch

3,262 posts

Posted by limch > 2017-05-02 21:11 | Report Abuse

Wait until 19th May?
http://www.bursamalaysia.com/market/listed-companies/company-announcements/5400193

Cimbnet Apa macam? Deal on or off
02/05/2017 18:44

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-03 09:24 | Report Abuse

Still under heavy sell pressure ...

Undi_PAS

582 posts

Posted by Undi_PAS > 2017-05-03 11:47 | Report Abuse

IPO RM 1.85 now 39.5 sen con IPO by Bursa or BN?

Posted by Calum Fire > 2017-05-03 12:13 | Report Abuse

Bought at IPO price of RM1.85. Now 0.390. Long way to recover. Should have cut loss.

BN_menang

2,982 posts

Posted by BN_menang > 2017-05-03 15:38 | Report Abuse

Mana Tabung Haji? Lu mesti belilah. Lagi murah lagi banyak mampu beli.

winmal

1,128 posts

Posted by winmal > 2017-05-03 15:41 | Report Abuse

long term investor, now is a time to buy

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-03 15:56 | Report Abuse

Today contra seller. After this should go up.

yesyesyes

728 posts

Posted by yesyesyes > 2017-05-03 16:46 | Report Abuse

nothing wrong with this counter actually .. no idea why the price drop ..

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-03 16:56 | Report Abuse

Because of potential merger called off?

yesyesyes

728 posts

Posted by yesyesyes > 2017-05-03 17:42 | Report Abuse

I don't think merger called off got so big effect ..something hidden?

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-03 19:22 | Report Abuse

Any sifu can share their thoughts?

cooling

1,676 posts

Posted by cooling > 2017-05-03 21:06 | Report Abuse

bungkus already la

noah

408 posts

Posted by noah > 2017-05-04 08:45 | Report Abuse

ICON and UMWOG both suspended.
good or bad news?

yesyesyes

728 posts

Posted by yesyesyes > 2017-05-04 08:49 | Report Abuse

I am holding some .. let's pray hard ..

Jeff10

53 posts

Posted by Jeff10 > 2017-05-04 10:38 | Report Abuse

if the merger is off..........the share price may fluctuate between 0.35-0.45 so no big loss.
Its umwog that crashed from 0.90 to 0.61 , they may recover some.
Icon will hold on its own. Have confidence

taitaumau

276 posts

Posted by taitaumau > 2017-05-04 10:56 | Report Abuse

Icon say

- Kindly be advised that in conjunction with UMW Oil & Gas Corporation Berhad ("UMWOG")'s request for suspension, trading in ICON shares will be suspended with effect from 9.00 a.m., Thursday, 4 May 2017, pending an announcement by UMWOG.

It seems to be a single-side decision, I feel a bit worried that the merger may be off.

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-04 11:57 | Report Abuse

Agree to jeff 10. Chances of call off is high but icon should have it's worth too. Look at the contact they got recently

Cimbnet

317 posts

Posted by Cimbnet > 2017-05-04 12:20 | Report Abuse

Deal off.

bjgdila123

3,470 posts

Posted by bjgdila123 > 2017-05-04 12:23 | Report Abuse

TH buy last mth why takut

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