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 ICAP, traded price higher than NAV

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prophetjul
post Oct 8 2020, 11:50 AM

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QUOTE(Boon3 @ Oct 7 2020, 03:09 PM)
hmm.gif
Tan change name to Ong?
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sorry....mistake.....CMO effects! cry.gif
prophetjul
post Nov 16 2021, 11:22 AM

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QUOTE(Boon3 @ Nov 12 2021, 09:18 AM)
Interesting times ahead....  sweat.gif  sweat.gif
iCapital does own some 26 million shares in AirAsia....  thumbup.gif
and AirAsia is gonna do a rights issue....  icon_idea.gif
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O my....... shocking.gif
prophetjul
post Nov 16 2021, 01:24 PM

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QUOTE(Boon3 @ Nov 16 2021, 12:21 PM)
Yup...
the last time, icap faced a situation where a stock in its portfolio did a rights issue... icap sold the stock!!

and incurred losses .... only 14 million.

user posted image

chili source:
http://mediafiles.icapital.biz/ext-files/i...ge-20090727.pdf
Dejavu?
ironic thing ...  from that link....

user posted image

so this AirAsia ... errr... fitted his 'value buy' principle?  puke.gif  puke.gif

laugh.gif
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Value is rather subjective. laugh.gif
prophetjul
post Nov 16 2021, 01:57 PM

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QUOTE(Boon3 @ Nov 16 2021, 01:36 PM)
just like beauty eh? tongue.gif
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Yessum. laugh.gif
prophetjul
post Mar 6 2023, 03:47 PM

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Legalised scam. laugh.gif

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