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 ICAP, traded price higher than NAV

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bryan5073
post Nov 4 2012, 06:51 PM

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From: Ipoh


QUOTE(Selectt @ Nov 4 2012, 04:50 PM)
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
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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.
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Guys calm down, it's sad to see hatred, anger and mocking in a forum. After all, a forum is a place where we all share our views for the benefit of each other.

But I've gotta point out that :-
1. everybody's long term and short term period differs in length; mine could be longer and yours could be shorter - there's no definite value...
2. price of the stock is what matters most in stock investing after all - as long as one sells higher than one buys, one will gain - simple, period.
3. nobody's absolutely right in the stock market - even Warren Buffett is wrong at times nod.gif

so peace, cheers icon_rolleyes.gif thumbup.gif

This post has been edited by bryan5073: Nov 4 2012, 06:53 PM
bryan5073
post Feb 27 2013, 11:52 PM

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Joined: Mar 2012
From: Ipoh


IMO, NAV means nothing if there's nobody buying the stock to push the stock price up...
At the end of the day, stock price (capital gain) and dividend yield are what really counts!
Becoz these are the things that goes into our pocket, not NAV...
Just my opinion wink.gif

 

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