Last Price Today's Change   Day's Range   Trading Volume
0.095   +0.005 (5.56%)  0.085 - 0.095  5,958,100
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Market Cap: 257 Million
NOSH: 2,707 Million
Avg Volume (4 weeks):32,906,925
4 Weeks Range:0.085 - 0.125
4 Weeks Price Volatility (%):
52 Weeks Range:0.08 - 0.16
52 Weeks Price Volatility (%):
Average Price Target: 0.17
Price Target Upside/Downside: +0.075
Stamp duty exempted for year 2023

Financial Highlight

Latest Quarter | Ann. Date 31-Dec-2022 [#4]  |  28-Feb-2023
Next QR | Est. Ann. Date: 31-Mar-2023  |  26-May-2023
T4Q P/E | EY: 1.50  |  66.72%
T4Q DY | Payout %: 7.05%  |  10.56%
T4Q NAPS | P/NAPS: 0.1354  |  0.70
T4Q NP Margin | ROE: 61.97%  |  46.81%


Date Subject
08-Mar-2023 【行家论股】Icon岸外 支援船业务支撑盈利
08-Mar-2023 PublicInvest Research Headlines - 8 Mar 2023
08-Mar-2023 Icon Offshore Plans Capital Reduction and Five-to-one Share Consolidation
01-Mar-2023 MQ Market Updates - 01 March 2023
01-Mar-2023 Daily Market Report -1 March 2023
01-Mar-2023 Hefty Gain on Rig Sale Lifts Icon Offshore 4Q Net Profit Sharply Higher
28-Feb-2023 Hefty Gain on Rig Sale Lifts Icon Offshore 4Q Net Profit Sharply Higher
20-Dec-2022 Oil & Gas - A Bright Petronas Activity Outlook 2023-2025
25-Nov-2022 Icon Offshore 3Q Earnings Down 47%, Pays 6.7 Sen Dividend Per Share
07-Nov-2022 支援船好景 标志岸外更上层楼
12-Sep-2022 Technical Tracker - ICON: An Inflection Point
01-Sep-2022 PublicInvest Research Headlines - 1 Sept 2022
01-Sep-2022 Mplus Market Pulse - 1 Sept 2022
31-Aug-2022 Icon Offshore to Sell Jack-up Rig at Double the Purchase Price
29-Aug-2022 凭单交易量逊色 Icon岸外母股更吃香/温世麟
26-Aug-2022 MQ Market Updates - 26 August 2022
26-Aug-2022 Icon Said to Receive Offer to Sell Jack-up Rig
01-Aug-2022 MQ Market Updates - 1 August 2022
01-Jun-2022 Icon Offshore in Advanced Talks to Buy MRO Business, Says MD

Business Background

Icon Offshore Bhd is a Malaysian service provider of an offshore support vessel. The services provided by the company include seismic survey, drilling operations, towing, anchor handling and mooring of barges, construction support, repair, and maintenance support, firefighting and emergency response, accommodation facilities for personnel, and transportation of personnel, fuel, drilling fluids, cement, water, and supplies to platforms.
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  9 people like this.
I_like_dividend EPF behind buying? Why buyer buy q very strong?
08/03/2023 10:05 AM
sylvester89 @I_like_dividend insider doing job anyway
08/03/2023 10:11 AM
MamakKutty I guess the last week price suddenly drop is probably due to insider dispose before announcement.
08/03/2023 10:35 AM
08127059 Dont buy malay comp stock related to gov...all cheat n manipulation...crap....shit
08/03/2023 12:09 PM
08127059 They do it again n again
08/03/2023 12:09 PM
afifi agree...
08/03/2023 12:12 PM
08127059 They dont know how to manage comp...just rely on gov..this is the way they survive in bussines
08/03/2023 12:12 PM
08127059 2020 they did it n now they do it again...just cant believe why people keep buying this stock...name ICON from word CON...all investors have been CON...ICON the CON comp....
08/03/2023 12:16 PM
1234rich SC please be fair to small /retail investors. I agreed to MamakKutty inside had disposed between 28th Feb to 1st March making the share prices drop suddenly. Icon Director persecuted retails investor. Retails Investor will lost money on Icon. I not agree plan for Capital Reduction . If want to do don't dispose Director and Ally shares. Retails Investor disappointed. SC please look into this matter. System not fair.
08/03/2023 12:21 PM
1234rich Just give dividen then want to do capital reduction. Where the money from selling the ship? Please don't persecute retails investor.
08/03/2023 12:24 PM
1234rich Share consolidation will make retails investor money getting lesser at the end.
08/03/2023 12:30 PM
08127059 Manipulation at it best...since it was listed...this is the worst comp in the market...
08/03/2023 12:34 PM
1234rich Will be like NetX..Share consolidation, then sink.
08/03/2023 12:34 PM
1234rich Directors , don't cheat on people money.
08/03/2023 12:35 PM
1234rich Dah jual Jack Up Rig dengan untung besar, duitnya buat apa wei? Kenapa share price rendah sangat? Sebahagian duit, belilah balik share syarikat..Baru betul
08/03/2023 12:58 PM
1234rich Dia buat Share Consolidation, akan jadikan kerugian ditanggung pelabur runcit. Pelabur Runcit jadi mangsa....
08/03/2023 1:02 PM
1234rich Ekuinas, jangan aniaya pelabur runcit..Directors jangan aniaya pelabur runcit..Sepatutnya Icon beri pulangan kepada Investor. Jangan rugikan investor wei!!!
08/03/2023 1:07 PM
sylvester89 This counter are just use to cheat the people money la previously say Q4 was profit then now say loss pulak kepala otak dia la nak tipu try la pergi luar negara tipu george soros tgk dia ada bola tak lol
08/03/2023 2:25 PM
I_like_dividend 9.5 sen who buy all?
08/03/2023 3:04 PM
I_like_dividend 10 sen done even market not good.
08/03/2023 3:07 PM
1234rich Atas 13.5 sen , baru come out proposal..Bawah dari itu ICON Directors make Retail Investors dissatisfied
08/03/2023 3:21 PM
1234rich Nak come out proposal jangan rugikan Retail Investors..Ini disposed dulu baru announcement. TOLONG jangan jadi haprak.
08/03/2023 3:23 PM
I_like_dividend Q3 2023 only share conso complete mungkin 13.5 sen can surpass?
08/03/2023 3:25 PM
I_like_dividend “Consolidating the shares would lead to a reduction in the number of shares available in the market and an increase of the reference/trading prices of the shares,” it said, adding that this may reduce the volatility of the trading price for the shares.

The share consolidation is subject to the approvals of Bursa securities as well as the group’s shareholders at the aforementioned EGM to be convened.

“Barring any unforeseen circumstances and subject to all required approvals being obtained, the proposals are expected to be completed by the third quarter of 2023,” Icon Offshore added.
08/03/2023 3:30 PM
1234rich Buatlah Exercise Share Buy Back baru betul. Duit untung jual Jack Up Rig gunalah kat tempat yg betul seperti Exercise Share Buy Back. Jangan buat macam-macam yg rugi.
08/03/2023 3:32 PM
08127059 Crap...shit comp since listing
08/03/2023 5:08 PM
stocktrading88 still got chance to up at least 0.130-0.170 before consol according to kaki lima aNalyst .. hehehe
08/03/2023 6:02 PM
DickyMe "sylvester89

@DickyMe sad bro I think I see u buy 30k share but end up how much we gonna loss....

19 hours ago"

No loss in terms of price, bro!
If conso, then they adjust price by multiplying.
Your quantity will shrink. As long as no loss in cost, why worry.

But the move to consolidate to create volatility is dubious and shows leadership have no clue on how to run a business.
08/03/2023 6:54 PM
08127059 No loss...??????if no loss they not going to do it bro...they just wana suck your money...look at what happened to the previous conso....emmmmm
08/03/2023 8:18 PM
DickyMe Explain to me with example, how they will suck your money.
08/03/2023 8:35 PM
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
09/03/2023 12:48 AM
DickyMe Yes you sell when the price is high, not ferment it to be salted fish.
09/03/2023 10:17 AM
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...
09/03/2023 12:29 PM
1234rich Setuju 100% 01827059..I have bad experienced on NetX
09/03/2023 2:56 PM
1234rich Cons = Insider Ally
09/03/2023 3:01 PM
08127059 Avoid this kind of counter nwb
09/03/2023 7:38 PM
5354_ Petronas will increase capex next 5 years is good for Icon and other O&G suppliers.
14/03/2023 8:55 AM
zackboy Crap company since listing. No body makes money from this company.
14/03/2023 3:36 PM
5354_ 16.5 sen warrant conversion price why got people convert?
14/03/2023 5:06 PM
5354_ Additional Listing Announcement /Subdivision of Shares
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
14/03/2023 5:08 PM
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...
20/03/2023 9:10 PM
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
20/03/2023 9:24 PM
Penang_lang Ekuinas Rafizi met yesterday why Icon Ekuinas no mention?
22/03/2023 9:46 AM
Penang_lang I con is like PH con voters? GE16 like that PH must lose or coming state election?
22/03/2023 9:47 AM
whistlebower99 FOR NEWBIES

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
22/03/2023 9:49 AM
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
22/03/2023 9:49 AM
Penang_lang Those get conned by Icon why don't you complain in Rafizi or Nurul Izzah facebook?
22/03/2023 9:57 AM
Penang_lang Operator sure see haters comment so won't help you here. Complain to politicians now in govn is best way.
22/03/2023 9:58 AM
Penang_lang Got balls vote PN in 6 states election can you?
22/03/2023 9:59 AM
whistlebower99 FOR NEWBIES



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

24/03/2023 11:41 AM

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