KLSE (MYR): ICON (5255)
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Last Price
0.085
Today's Change
+0.005 (6.25%)
Day's Change
0.075 - 0.085
Trading Volume
8,466,600
Company warrants are issued by the company and give the holders the right, but not an obligation, to subscribe for new ordinary shares at a specified price during a specified period of time.
Structured warrants are proprietary instruments issued by a third-party issuer, namely an eligible broker or financial institution that give holders the right, but not the obligation, to buy (call warrants) or sell (put warrant) the underlying instrument in the future for a fixed price.
A call warrant is in-the-money when the exercise price is lower than the price of the underlying share.
A put warrant is in-the-money when the underlying share price is lower than the exercise price.
In the money
In the money
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...
2 months ago
Petronas will increase capex next 5 years is good for Icon and other O&G suppliers.
2 months ago
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
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
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
I con is like PH con voters? GE16 like that PH must lose or coming state election?
2 months ago
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
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
Those get conned by Icon why don't you complain in Rafizi or Nurul Izzah facebook?
2 months ago
Operator sure see haters comment so won't help you here. Complain to politicians now in govn is best way.
2 months ago
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
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
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
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
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
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
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
Icon Offshore appoints Ekuinas senior executive Aliff Omar as alternate director
https://www.theedgemarkets.com/node/661531
2 months ago
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
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
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
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 collected at 0.085 no issues...need to wait lah
0.08 no one wang to sell...so Mabel wait lor..
1 month ago
Raja Arshad is in talk to be appointed as PNB Chairman and he is currently Chairman of ICON. :-)
4 weeks ago
Raja Arshad got Icon shares? How many? Why EPF CEO ex-Icon CEO cannot buy Icon for EPF?
3 weeks ago
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
3 weeks ago
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.”
3 weeks ago
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
3 days ago
08127059
They multiplying the price but after that they bring down the price...you quatity already shrink...you thing the do it to lose money...pls....they always win ...we might minimize the lost if we buy righ issue or rri etc...they done it b4...look at the price now after the done it in 2020....emmm
2 months ago