Welcome Guest ( Log In | Register )

Outline · [ Standard ] · Linear+

 ICAP, traded price higher than NAV

views
     
Selectt
post Nov 4 2012, 07:32 AM

wattttt!!
******
Senior Member
1,712 posts

Joined: Aug 2009
ICAP

24th jan 2008 - RM2.44
4th nov 2012 - RM2.38

sorry for the rudeness, but i gotta say long term investing my arse.
Selectt
post Nov 4 2012, 04:50 PM

wattttt!!
******
Senior Member
1,712 posts

Joined: Aug 2009
QUOTE(kinwing @ Nov 4 2012, 03:57 PM)
The NAV was RM1 in Oct 2010, and it's now RM2.96. A compounded annual return of 18% for NAV. How about return of share price if you bought at the lowest at RM1.30 in Oct 2008 and hold long term until now at RM2.38? Share price appreciation at a CAGR 20% in 4 years. You did not buy at 4 years ago so you are not long term enough to enjoy this CARG of at least 18% or more to 20%. I am sorry you arse is fried tongue.gif .


Added on November 4, 2012, 3:58 pm
I am seeing a naive one tongue.gif .
*
I sell my shares according to the share price, so i can buy food with it. You can take the NAV and hug it till the end of your life. If the market doesnt realised it, NAV RM 1000 also useless.

Naive? whos naive now? tongue.gif
Selectt
post Nov 4 2012, 07:36 PM

wattttt!!
******
Senior Member
1,712 posts

Joined: Aug 2009
QUOTE(kinwing @ Nov 4 2012, 05:33 PM)
The life span of the fund till 2020, so I have 8 more years to wait with a CAGR 18% for NAV and possible it will reach at RM8 to RM10. Indeed it is stated in the prospectus of the fund is for long term.

Initially you are arguing you want long term return but ICAP does not deliver good long term return to work your ass out, and now you said you want to sell in short term, so what do you want? Long term or short term? Clear your mind first before you start to talk. By they way, does troll has ass at the back? May be he got one in front at the mouth and no wonder when he talks his breath sting.
*
You are a joke dude. Did i say so much based on my last post? Dont pretend to be a smart when you are not. Who cares about NAV or CAGR when the value is not realised? Stock market is always being influenced by alot of factors and looking at CAGR and NAV alone make you inexperienced. Does my post makes any sense to your puny brain?

Selectt
post Nov 6 2012, 10:32 AM

wattttt!!
******
Senior Member
1,712 posts

Joined: Aug 2009
QUOTE(tohff7 @ Nov 6 2012, 08:59 AM)
True (also higher fees btw). That's why i was pointing out to merger that you can't compare point-to-point return just like that without taking into account the dividend from PBBank
*
and icap being close-ended fund vs proper stock with dividends. Aiyo, you talk to someone where he already invested in icap, sure everything to him is good. i also lazy reply him unless i get paid. tongue.gif whatever i post here is already sufficient to prove the history whether this stock is worth to be invested.

 

Change to:
| Lo-Fi Version
0.0444sec    1.15    7 queries    GZIP Disabled
Time is now: 17th December 2025 - 09:13 PM