08127059

How to to sell if you still loosing...even the price was multiplying but quantity shrunk alot...do your own calcul since fist consol...tell me u make profit or not...u think they do it to give u money...in your dream...probly people buy after cons might be benefited but if u r lucky...

2023-03-09 12:29

1234rich

Setuju 100% 01827059..I have bad experienced on NetX

2023-03-09 14:56

1234rich

Cons = Insider Ally

2023-03-09 15:01

08127059

Avoid this kind of counter nwb

2023-03-09 19:38

5354_

Petronas will increase capex next 5 years is good for Icon and other O&G suppliers.

2 months ago

zackboy

Crap company since listing. No body makes money from this company.

2 months ago

5354_

16.5 sen warrant conversion price why got people convert?

2 months ago

5354_

Additional Listing Announcement /Subdivision of Shares
Company Name ICON OFFSHORE BERHAD
Stock Name ICON
Date Announced 14 Mar 2023
Category Additional Listing Announcement /Subdivision of Shares
Reference Number ALA-14032023-00007
1. Details of Corporate Proposal
Involve issuance of new type/class of securities ? No
Types of corporate proposal Exercise of Warrants
Details of corporate proposal Conversion of Warrants A to Ordinary Shares
No. of shares issued under this corporate proposal 2,000
Issue price per share ($$) Malaysian Ringgit (MYR) 0.1650
Par Value($$) (if applicable)
Latest issued share capital after the above corporate proposal in the following
Units 2,706,540,787
Issued Share Capital ($$) Malaysian Ringgit (MYR) 1,148,065,481.000
Listing Date 15 Mar 2023

2 months ago

08127059

Dont buy this typical malay n gov related company...you will be CON /ICON...they just dont know how to do business...how to manage company...they made profit by con investor..2020 the did consol...now the do it again..thats the only way they make profit by CON investor...this is the only way they know how to make profit...ICON is the worst company ever exist in KLCI...since it was listing nobody make profit from this company...wondering BURSA can allow this kind of company in KLCI....why because Malay company n gov baby...for new b....dont buy this share u will lose all the way...

2 months ago

08127059

AVOID THIS COUNTER AT ALL COSTS...TGE WORST COUNTER EVER EXIST IN KLCI...Equinas is a malay comp n gov related...so no wonder how bad they are...they just dont have a clue how to do business...the only thing they now is to do share consolidation....the easy way to make money n con investor...for new b carefull pls avoid this counter

2 months ago

Penang_lang

Ekuinas Rafizi met yesterday why Icon Ekuinas no mention?

2 months ago

Penang_lang

I con is like PH con voters? GE16 like that PH must lose or coming state election?

2 months ago

whistlebower99

FOR NEWBIES

ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY")
(I) PROPOSED CAPITAL REDUCTION; AND
(II) PROPOSED SHARE CONSOLIDATION
On behalf of the Board of Directors of the Company, Kenanga Investment Bank Berhad wishes to announce that the Company proposes to undertake the following:-

(i) proposed reduction of the issued share capital of Icon by RM830.00 million pursuant to Section 116 of the Companies Act 2016 to eliminate the accumulated losses of Icon and its group of subsidiaries; and

(ii) proposed consolidation of every 5 existing ordinary shares in Icon (“Icon Shares”) held by the shareholders of Icon, on an entitlement date to be determined and announced later, into 1 Icon Share

This announcement is dated 7 March 2023.
MULTIPLE PROPOSALS | https://www.klsescreener.com/v2/announcements/view/4404095

========
Share consolidation and rights issue in Jan 2020
Share consolidation in March 2023

=============
Long term loyal shareholders suffered huge losses in 2020 will again suffer another loss in 2023.

Be careful trading and holding high NOSH penny stocks

2 months ago

whistlebower99

Previous share consolidation in 2020

Share consolidation of every 50 existing ordinary shares in Icon Offshore Berhad ("Icon") ("Existing Shares") into 1 consolidated share in Icon ("Consolidated Share(s)") as at 5.00 p.m. on Thursday, 23 January 2020 ("Entitlement Date") ("Share Consolidation")

========
After 3 years, another share consolidation. Long term loyal investors suffered huge losses

Be careful trading and holding high NOSH penny stocks

2 months ago

Penang_lang

Those get conned by Icon why don't you complain in Rafizi or Nurul Izzah facebook?

2 months ago

Penang_lang

Operator sure see haters comment so won't help you here. Complain to politicians now in govn is best way.

2 months ago

Penang_lang

Got balls vote PN in 6 states election can you?

2 months ago

whistlebower99

FOR NEWBIES

ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY")

(I) PROPOSED CAPITAL REDUCTION; AND
(II) PROPOSED SHARE CONSOLIDATION

On behalf of the Company, Kenanga IB wishes to announce that the application in relation to the Proposed Share Consolidation has been submitted to Bursa Securities on 23 March 2023.

This announcement is dated 23 March 2023.

=================
1 step closer to 2nd share consolidation after 3 years

2 months ago

1234rich

Icon ..Ikon or Con

2 months ago

sylvester89

Hahahaahaha......this company ciak ayam one lucky i got no loss early i sell off all....this company real con people need to be delisted in Bursa better.

2 months ago

5354_

If delist Ekuinas own by govn will suffer huge loss. Why you so black heart? Foreigner not Malaysian is it? If got balls answer me back or get lost haha.

2 months ago

Unfair

Armada, Velesto also O&G many promoters; Icon why many haters is it fair?

2 months ago

Unfair

Latest QR profit RM 153.42 mil or EPS 5.68 sen is Icon best ever and dividend paid 6.7 sen is 9 sen fair price?

2 months ago

5354_

Icon Offshore awarded OSV contracts by Hibiscus
https://www.freemalaysiatoday.com/category/business/2023/03/28/icon-offshore-awarded-osv-contracts-by-hibiscus/

2 months ago

Kayvera

Unfortunately, price not affected favourably?

2 months ago

5354_

Icon better than your counter Revenue which plunge a lot in 2023. Icon bottom price look like is 8.5 sen?

Kayvera

Unfortunately, price not affected favourably?

2 months ago

5354_

Icon 9.5 sen is 16.2 sen before special dividend. Those who follow Icon long enough will know the counter has stabilised since Anwar appointed as PM.

2 months ago

5354_

Icon Offshore appoints Ekuinas senior executive Aliff Omar as alternate director
https://www.theedgemarkets.com/node/661531

2 months ago

kingJ

I think last q the company has done and expensed the necessary upgrades/repairs/maintenance. As such this q will be a good q.

2 months ago

success2628

Walaoeh, Oil price spike up Like mad !
Brent closed at=> $84.93 +$5.04 +6.31%

Like that today ICON will be spike up crazily already !

Heng ah, Ong ah, Huat ah !

2 months ago

success2628

Oil prices surge after OPEC’s surprise output cuts

https://www.aljazeera.com/amp/economy/2023/4/3/oil-prices-surge-after-opecs-surprise-output-cuts

Price jump comes after news oil producers will slash output by about 1.16 million barrels per day.

Oil prices have surged after Saudi Arabia and other OPEC+ producers announced a surprise round of output cuts, a potentially ominous sign for global inflation just days after a slowdown in US price data had boosted market optimism.
Brent oil futures jumped $4.30 to $84.19 a barrel on news output would be cut by about 1.16 million barrels per day, while US crude climbed $4.17 to $79.84.
The change comes before a virtual meeting of an OPEC+ ministerial panel, which includes Saudi Arabia and Russia.

2 months ago

afata08

https://www.thestar.com.my/business/business-news/2023/04/05/og-stocks-set-to-get-a-boost

2 months ago

kingJ

Ini kali lah (hopefully)

1 month ago

hohlaiyet88

How the market view for Icon proposed (I) PROPOSED CAPITAL REDUCTION;
AND (II) PROPOSED SHARE CONSOLIDATION(COLLECTIVELY REFERRED TO AS THE
"PROPOSALS")?

1 month ago

Mabel

https://oilprice.com/Energy/Energy-General/Chinas-Crude-Oil-Imports-Soar-To-Highest-Level-In-Nearly-3-Years.html

1 month ago

skyinvestor

anyone buying this counter at current price?

1 month ago

skyinvestor

https://youtu.be/TJRuDTvP1bk

1 month ago

GregBursa

@skyinvestor This youtuber just bought some today. I am still observing

1 month ago

skyinvestor

i queue to buy at 0.09 since this morning, but never get filled, wonder why

1 month ago

newbie5354_

Icon sound like PH con us voters?

1 month ago

Mabel

Mabel collected at 0.085 no issues...need to wait lah

0.08 no one wang to sell...so Mabel wait lor..

1 month ago

izoklse

Raja Arshad is in talk to be appointed as PNB Chairman and he is currently Chairman of ICON. :-)

1 month ago

5354_

So PNB can buy Icon?

1 month ago

5354_

Raja Arshad got Icon shares? How many? Why EPF CEO ex-Icon CEO cannot buy Icon for EPF?

1 month ago

M55555

CIRCULAR TO SHAREHOLDERS IN RELATION TO THE: (I) PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY") BY RM830.00 MILLION PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016; AND (II) PROPOSED CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN ICON ("ICON SHARES") INTO 1 ICON SHARE

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350456

1 month ago

Mabel

BCT Asia shares the latest news:

“…its whollyowned subsidiary, Icon Offshore Group Sdn. Bhd. secured a contract from PETRONAS Carigali Sdn Bhd (“PCSB”) for the provision of an anchor handling tug vessel with crew and equipment for twenty-four(24) hour services. The services will be utilised to support and maintain drilling rigs, offshore installations, derrick barges, towing and anchor job required by PCSB during their drilling and project activities.
ICON received the first work order award on 27 February 2023 and has commenced operations on 18 April 2023 as per vessel on-hire certificate for approximately 255 vessel days.”

1 month ago

Kayvera

Share price hasn't moved much tho

1 month ago

whistlebower99

FOR NEWBIES

Previous share consolidation in 2020

Share consolidation of every 50 existing ordinary shares in Icon Offshore Berhad ("Icon") ("Existing Shares") into 1 consolidated share in Icon ("Consolidated Share(s)") as at 5.00 p.m. on Thursday, 23 January 2020 ("Entitlement Date") ("Share Consolidation")

========
After 3 years, another share consolidation. Long term loyal investors suffered huge losses

=================
CIRCULAR TO SHAREHOLDERS IN RELATION TO THE:

(I) PROPOSED REDUCTION OF THE ISSUED SHARE CAPITAL OF ICON OFFSHORE BERHAD ("ICON" OR THE "COMPANY") BY RM830.00 MILLION PURSUANT TO SECTION 116 OF THE COMPANIES ACT 2016; AND

(II) PROPOSED CONSOLIDATION OF EVERY 5 EXISTING ORDINARY SHARES IN ICON ("ICON SHARES") INTO 1 ICON SHARE

Date Announced 09 May 2023

https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3350456

====================
Be aware of on-going corporate exercise
Two shares consolidation in 3 years !!!

Long term loyal investors, specially retailers, incurred huge losses during 1st share consolidation of 50:1
Will continue to incur another huge losses if still holding to the old shares.

Be careful trading low price high NOSH penny stocks

================
TAYOR

1 week ago

newbie5354_

izoklse, so Raja Arshad is now PNB chairman? How to send message to him to ask PNB buy Icon share?

izoklse

Raja Arshad is in talk to be appointed as PNB Chairman and he is currently Chairman of ICON. :-)

1 day ago

DickyMe

Don't buy now. Share consolidation coming!

12 minutes ago