Posted by OTB > 1 month ago | Report Abuse

The highest point of Jakarta Composite index (JKSE) was at 743 in 1993, the present JKSE is at 7,134.72 on 3/5/2024, an increase of 6,392 points or 860% in the last 30 years.

The highest point of FBMKLCI was at 1,332 in 1994, the present FBMKLCI closed at 1,605 on 8/5/2024, an increase of 273 points or 20.5% in the last 30 years.

KLSE stock market is still far ... far ... worse than other stock markets in the last 30 years.

Even if the FBMKLCI Index moves up north to 2,000 points, it is still nothing to compare against other best performing stock markets.
KLSE is still a laggard stock market in SEA.

Thank you.

Posted by JunHoHoHoHo > 1 month ago | Report Abuse

TTB gaduh with COL 😁

Posted by EngineeringProfit > 1 month ago | Report Abuse

Kenyanggggg

Posted by Patient Investor > 1 month ago | Report Abuse

ICAP NAV has increase 13.9% YTD. ICAP share price has increase 18.7%.
shareholders can jut ignore the noises in here.

Posted by human > 1 month ago | Report Abuse

What amazing is that NAV and price increase in tandem even discount remain.
If current bull on Bursa continue then the noises will start deleting their comments.

Posted by JohnD0ugh > 1 month ago | Report Abuse

What will be the target price of icapital.biz Berhad 3 to 5 years from now ? There are two possible positive outcomes.

[1]. Assume NAV of icapital.biz Berhad doubling from RM3.93 – to around RM7.86 in 5 years. If its share price equals the NAV of RM7.86 then, it will rise by RM4.81 or 158% from RM3.05 nowadays. If its share price then trades at a say a conservative 10% premium to its NAV, as the Malaysian stock market will then be in a bullish mood, its share price will equal to RM8.65 – a rise of RM5.60 or 184% from RM3.05 now.

[2]. The NAV of icapital.biz Berhad has in the past outperformed the KLSE by 6 percentage points per annum. So, if this pattern repeats and the KLCI doubles in 5 years, the NAV of icapital.biz Bhd in 5 years’ time will be RM10.19. Assume its share price trades at a 10% premium to its NAV, the share price of your Fund will trade at RM11.21 – a jump of RM8.16 or 267% from RM3.05 nowadays.

In short, the expected share price of icapital.biz Berhad in 3 to 5 years’ time will double to either RM7.86 or rally to RM11.21, a gain of RM8.16.

The above performance has not included potential contribution from the dividend policy of icapital.biz Berhad.
In the past, when nearly all the shareowners of icapital.biz Berhad were individuals, its share price traded at a premium to its NAV. In the coming years, I pray that this can be repeated so that your Fund can finally restore its real value. In that context, I would like to make a plea to the few recalcitrant investors (for the lack of a better term to describe them) not to act disruptively and destructively.


i Capital.biz Berhad 3Q2024 Report

Posted by JunHoHoHoHo > 1 month ago | Report Abuse

Got dividend this year? 🙂

Posted by EngineeringProfit > 1 month ago | Report Abuse

Good

Posted by Integrity. Intelligent. Industrious. 3iii (iiinvestsmart)$€£¥ > 1 month ago | Report Abuse

>>>
In the past, when nearly all the shareowners of icapital.biz Berhad were individuals, its share price traded at a premium to its NAV. In the coming years, I pray that this can be repeated so that your Fund can finally restore its real value. In that context, I would like to make a plea to the few recalcitrant investors (for the lack of a better term to describe them) not to act disruptively and destructively.
>>>

Why and when should a closed end fund trade at a premium?
As a value investor, he would like to buy at a discount.
It is easy to value a closed end fund, is it not?

Posted by speakup > 1 month ago | Report Abuse

City Of London is the best Goreng King of Icap!

Posted by Patient Investor > 1 month ago | Report Abuse

CEF is like stock, it will trade at premium when demand > supply. you also can view it like REITS, why some reits is trading at a higher premium over their NTA or even yield compare to their peers?

Posted by Patient Investor > 1 month ago | Report Abuse

Opportunity 😋

Posted by FastMoney666 > 1 month ago | Report Abuse

Opportunity or threats --- or exercise cautions?

iCap closing price
15/5/2024 ---> $ 3.44
16/5/2024 --->3.30 down from previous day 4%
17/5/2024 --->3.24 down from previous day 1.7%
Cumulative losses 5.7%

COL contributed to 65 -70% of selling in the past 2 days.

16/5/2024 293,300/448,400 = 65% of sales
17/5/2024 207,200 over 297,700 = 70% of sales.

A few things to think about on this new development:

(i) As TTB wishes to kick out COL, his dream may finally comes true….COL is finally exiting now.

When a substantial shareholder starts to exit in such an illiquid stock, share price will surely dropped quite drastically, as we can see it has lost 5.7% or 28 million market capitalization was wiped out in 2 days….Pray hard no more follow through selling from other people who also will join the sales party.

(ii) In the past, COL was being accused: when they start buying share, price dropped, discounts were widening, by the same logic, when they start selling shares now, price should go up, discount should be narrowing. Can you have a cake and eat it at the same time?

(iii) Many of us has been advocating to buy low, sell high. This is exactly what COL was doing, buying low and now prices have moved up substantially, sell high.

(iv) But TTB has been selling the story buy high and sell at even higher prices…..In TTB you trust maxim.:) Good luck to those water fish.

TTB has been drumming up his bullish calls and sowing seeds that his NAV will only go up. In current positive market environment, many will anchor his most recent NAV around $4 and peg a discount and concluded it was still cheap to buy especially he was telling everyone iCap NAV will go up in 5 years from the range $ 7.86 to 10.19

(v) Even it may come true though his historical track records at best was matching EPF return. Beware buying at any of current price.

(vi) What if there is a black swan event? What if his current NAV around $4 drops by 20%, NAV will be $3.2, pegging a 24% discount based on his innovative dividend policy, worst case share price will drop to 2.43. Say those buy at $ 3.20, they may be staring at 25% losses.

(vii) There are two assumptions need to be re-examined.

One, COL will never sell and will buy “even at row with the fund manager”. Despite of kena smacked by the fund manager, , dragged to court and suffered public ridicules by posting tonnes of accusations in AGM or blogs, his private pulpit iCAP newsletter, quarterly and annual report, booo at AGM wheneve COL was mentioned, list will go on. None of this important, what is import to COL is buy cheap at a discount and sell high. They will ignore all the political speeches and rallies.

Two, NAV will never drop – yes not yet. Be careful of recency bias.

(viii) Will iCap share price get cheaper? At what price you may find support? Using the base case of NAV 4 and 30% discount, you may find some support around $2.80.

Someone says you can ignore all the noises in this blog…….Yes, please 😊

Posted by Sslee > 1 month ago | Report Abuse

Maybe next AGM someone can propose the current fees be replaced by equilvalent of new issue of icapital share value at NAV. Then most likely the management will work double hard because now they have the skin in the game.

Posted by JohnD0ugh > 1 month ago | Report Abuse

For Malaysians who have been crying over the weakening Ringgit and rising cost of living, they have right in front of their eyes a precious Malaysian listed fund that has not only offered them currency protection but also superior wealth creation.

Despite a very tough and turbulent environment, icapital.biz Berhad has achieved a very strong performance with its share price outperforming the MSCI Malaysia in US$ by a huge margin in the last 1-year and 3-year periods.

The share price of icapital.biz Berhad has also outperformed the S&P 500 and NASDAQ, two top performing indices dominated by AI stocks like Nvidia, Meta, etc , in US$ in the same 1-year and 3-year periods.

This very strong performance of icapital.biz Berhad in US$ terms certainly did not happen by chance. It is the result of the persistent hard work and heart work put in over the years by Capital Dynamics and myself as the Designated Person of icapital.biz Berhad.

It is also a result of your Fund Manager and Designated Person patiently and deliberately sticking to its time-proven Bamboo value investing philosophy, despite being continuously badgered and disrupted by one or two foreign wrecking balls.

icapital.biz Berhad still has around RM80 million cash. With Capital Dynamics’ time-proven value investing philosophy, and icapital.biz Berhad still undervalued, it remains an excellent time to invest more in this truly low-risk, high-return investment.

A jump of 49.3% in its share price as the Malaysian stock market plunged nearly 18% in the last 3 years is indeed low risk and high return.


i Capital.biz Berhad 3Q2024 Report

Posted by TheContrarian > 1 month ago | Report Abuse

Posted by Thirai Thiraviam > 1 week ago | Report Abuse

JohnD0ugh, you say, or quote TTB saying, that “I expect the KLCI to rise to 2,500 to 3,000 over the next 3 – 5 years.” What is the basis for this increase? While KLCI is still undervalued based on PER, and reverting to the historical mean should push the index up, don't you think 60% — 100% increase is rather too optimistic?

Eh, @Thirai , you didn't know that John is TTB?

Posted by Sslee > 1 month ago | Report Abuse

No wonder KC Chong has this to say about TTB: It helps if he has more humility.

JohnD0ugh
For Malaysians who have been crying over the weakening Ringgit and rising cost of living, they have right in front of their eyes a precious Malaysian listed fund that has not only offered them currency protection but also superior wealth creation.

Despite a very tough and turbulent environment, icapital.biz Berhad has achieved a very strong performance with its share price outperforming the MSCI Malaysia in US$ by a huge margin in the last 1-year and 3-year periods.

The share price of icapital.biz Berhad has also outperformed the S&P 500 and NASDAQ, two top performing indices dominated by AI stocks like Nvidia, Meta, etc , in US$ in the same 1-year and 3-year periods

Posted by EngineeringProfit > 1 month ago | Report Abuse

Runnnnnnnnnnnnnnnnnnnnnnnnnnnnn

Posted by Patient Investor > 1 month ago | Report Abuse

Price please drop further, I'm hungry

Posted by human > 1 month ago | Report Abuse

During Icapital.biz fund road show prior IPO, the audience and target investors type are retail.
COL or any institutional fund that could disrupt the fund operation should exit to return the fund shareholding to original form.
The fund is to serve retail investors. Those that attended the AGM can notice this is one of the listed companies with most vocal and active retail investors engagement.

Posted by Patient Investor > 1 month ago | Report Abuse

For long term investor, just buy when someone is letting go at dirt cheap price.
How cheap should you consider buying? that depends on your appetite and level of greed.
Just dont get smoked until you trim your position.

Posted by JohnD0ugh > 1 month ago | Report Abuse

Since 2010, Capital Dynamics and icapital biz Berhad have been spending a huge amount of money to organise the annual Investor Day for the benefit of the individual investors. The expenses typically add up to more than RM1 min, without being charged a single cent by Capital Dynamics for organising this huge and exhausting event. If a crowd of 2,000 people turn up, the cost per person will easily be RM500 and more.

To ensure that the people who register for the Investor Day actually turn up, a commitment fee of RM50 per person is imposed. To attend the Investor Day, the participant does not have to pay any other charges - only RM50. In short, if 2,000 attend the Investor Day, Capital Dynamics and icapital.biz Berhad have to bear the losses of at least RM450 per person or RM900,000 in total just for one year's event.

The contents in the Investor Day of icapital.biz Berhad are always top quality. Take the 7 corporate presentations in the 2023 Investor Day, held on Sunday, 5th Nov at the KLCC. Any investor who listened to the 7 corporate presentations and invested in the 7 stocks the day after the Investor Day would have all made good profit. Take a good look below.

[1] APM
The share price of APM on 6 Nov 2023 was RM2.09. After that, it jumped to a high of RM3.12. The vertical red line in the chart marks 2023 Investor Day.

[2] EUPE
The share price of EUPE on 6 Nov 2023 was RM0.88. After that, it jumped to a high of RM1.68

[3] HIBISCUS
The share price of Hibiscus on 6 Nov 2023 was RM2.68. After that, it reached a high of RM2.92. Among the 7 stocks, the price performance of Hibiscus has been affected by the flattish crude oil price.

[4] KELINGTON
The share price of Kelington on 6 Nov 2023 was RM1.52. After that, it more than doubled and reached a high of RM3.06

[5] MKH
The share price of MKH on 6 Nov 2023 was RM1.28. After that, it reached a high of RM1.43 and shareholders of MKH receive 1 share of MKH Oil Palm for free for every 7 MKH shares held. The share price of MKH Oil Palm reached RM0.65 upon its listing.

[6] OCK
The share price of OCK on 6 Nov 2023 was RM0.40. After that, it reached a high of RM0.65

[7] UNISEM
The share price of Unisem on 6 Nov 2023 was RM3.14. After that, it reached a high of RM4.18.

[8] ICAPITAL.BIZ BERHAD
The share price of icapital.biz Bhd on 6 Nov 2023 was RM2.78. After that, it reached a high of RM3.47.

An investor who attended the 2023 Investor Day and invested in all the 8 stocks after that would have achieved a 100% success. The share prices of the 8 stocks all rose after the 2023 Investor Day of icapital.biz Berhad. For this, the investor has to pay only a RM50 commitment fee.

In addtion to the 8 profitable stocks, the investor also gets to hear the accurate and bullish presentation of Tan Teng Boo, the managing director of Capital Dynamics. The KLCI closed at 1,464 on 6 Nov 2023 and it is now trading above 1,620.

It is now only May. However, it is never too early to mark it down in your diary for the 2024 Investor Day, Make plans NOW to attend Asia's most innovative investment event. Tell your family, your colleagues and friends early.

Is the Investor Day too good to be true ? The simple answer is, yes it is. It is too good to be true but it will be too foolish to miss attending the Investor Day.

Organising the annual Investor Day is part of Tan Teng Boo's heartfelt efforts to help the indvidual Malaysians invest soundly and have a better life. The Investor Day is not a profit making event. Make sure you are not scammed by the many scammers out there, just waiting to prey on you.

The 2024 Investor Day of icapital.biz Bhd will be held at the KLCC again on Sunday, 27th Oct 2024. There will certainly be a commitment fee to pay.


i Capital Newsletter Volume 35 Issue 36

Posted by EngineeringProfit > 1 month ago | Report Abuse

I invest in other counters for now. Return later

Posted by Thirai Thiraviam > 1 month ago | Report Abuse

TheContrarian:
> Eh, @Thirai , you didn't know that John is TTB?

No, I didn't. Whoever he might be, I'd appreciate it if he backed up his claims with sound arguments and supporting evidence. Unfortunately, given his lack of response to the question posed, it seems we cannot expect such things from him.

Posted by Patient Investor > 1 month ago | Report Abuse

John is posting extraction from ICAP newsletter, it's not evidence John is TTB.
Even John is TTB, he is not obligated to answer queries from non shareholders, but you can purchase some ICAP shares to post question to him :p

Posted by JohnD0ugh > 3 weeks ago | Report Abuse

icapital.biz Berhad is a Malaysia-focused fund, with an objective of long-term capital appreciation based on the Bamboo value investing philosophy of Capital Dynamics. It is not allowed to sell short, invest in derivatives or undertake any borrowings.

When Charlie Munger came to Berkshire Hathaway in the late Sixties, Warren Buffett was still investing the way his mentor, Benjamin Graham, had taught him - to invest in cheap, cigar butt type of companies.

When Munger arrived at Berkshire, he swayed Buffett away from Graham’s philosophy towards investing in quality companies at reasonable prices. Buffett did this with great success.

“It is remarkable how much long-term advantage people like us have gotten by trying to be consistently not stu pid, instead of trying to be very intelligent,” said Charlie Munger.


i Capital.biz Berhad 4Q2019 Report

Posted by JohnD0ugh > 2 weeks ago | Report Abuse

On 3rd Nov 2023, the KLCI closed at 1,449. On 5th Nov 2023, Tan Teng Boo gave his rare bullish outlook for the KLCI, where he predicted that the KLCI would hit 2,500 to 3,000 points in the next 3 to 5 years.

Since his presentation at the 2023 Investor Day, the KLCI has rallied around 170 points. If Tan Teng Boo's prediction is correct, the KLCI still has a long way to go.

This provides an excellent reason why he keeps recommending investors to buy icapital.biz Berhad, the perfect stock to hold for a prolonged bull market.

Nevertheless, no rally goes up in a straight line. The predicted 3 to 5-year bull market for the KLCI will be interrupted with small and big corrections. In fact, it is undergoing a small one at the moment.

Tan Teng Boo advises that the best stock to invest in such a confusing environment is icapital.biz Berhad especially when its share price is correcting now.

Besides, icapital.biz Berhad with the most innovative dividend policy in the world, still has over RM80 mln cash.


i Capital Newsletter Volume 35 Issue 38

Posted by JohnD0ugh > 1 week ago | Report Abuse

The share price of icapital.biz Bhd (ICA) has surged 58.45% in the 12-month ending 12 Jun 2024. This has greatly outpaced the MSCI Malaysia Index which has gained only 14.18% over the same period. It has also exceeded the 34.02% jump in the NAV of ICAP during the same 12 months. After this nice rise, what should investors or shareowners do next ? Sell, hold on or should investors actually buy more ICAP shares ?

As at Jun 2024, Tan Teng Boo has not changed his bullish views of the KLSE and of ICAP. So, despite the nice increase in ICAP's share price and NAV, there is a lot of upside potential for both these variables. An excellent time to buy is now or when City of London (COL) and its gang of bullies are hastily selling.

In the 2nd half of May 2024, COL and its gang of bullies sold hundreds of thousands of ICAP shares. As a result, the share price of ICAP was pushed down from RM3.44 on 14 May 2024 to RM3.16 as at 31 May 2024, breaking its rising trend. In less than 2 weeks, ICAP's share price fell 8.13%.

The NAV of ICAP on 14 May was RM4.17. By 31 May 2024, it went up to RM4.35. As a result of COL and its gang of bullies hastily selling (intentionally?), the NAV discount of ICAP widened from 17.51% to 27.36% in about two weeks.

There are a few lessons to take away from this episode.

First and foremost, it is so easy for a single large investor to manipulate the share price of a listed collective investment scheme like ICAP and hence its NAV-share price differential. The share price plunged 8.13% while ICAP'S NAV jumped from RM4.17 to RM4.35. The Malaysian regulators need to urgently revise and tighten the rules and regulations surrounding such investment products.

Secondly, the financial year of ICAP ends on 31 May each year. The hasty selling started shortly before 31 May and ends on 31 May. To manipulate the NAV-share price differential and hence to widen the discount ? To push down the share price performance of ICAP for its 2024 financial year, which ends on 31 May 2024?

Lastly and most importantly, when COL and its gang are selling, it is an excellent time for investors to buy ICAP shares. It is likely that they will be selling more ICAP shares in the future, whether properly or improperly. Grab them as the day will come when their selling dries up. When this happens, do not be surprised when ICAP trades at a premium to its NAV again. This has happened before - from Oct 2005 to 2008 when ICAP was unanimously owned by individuals.


i Capital Newsletter Volume 35 Issue 38

Posted by FastMoney666 > 1 week ago | Report Abuse

bad feng shui on iCap

https://www.thestar.com.my/business/business-news/2024/05/31/klci-slips-below-1600-mark-857-stocks-in-red

Why it FY closing ended on the day with 857 stocks in red?

After Pop lost the case -- what do you expect? If foreigners can't buy more surely sell la!

When you see COL sell, the rest cannot sell ah????

COL still got at least 30 million++ shares to sell.....this will be the share price overhang even NAV shoot up to $5

It's a value trap....got shares sell now, no shares buy other counters.....you can even copy TTB portfolio without paying him any management fees. :)

Looking at the daily volume, no interests from retail investors to buy ady.

Posted by speakup > 1 week ago | Report Abuse

COL response: 🖕
Icap response: 🖕
I3 response: 😂

Posted by FastMoney666 > 1 week ago | Report Abuse

If I'm TTB, declares dividend

Posted by FastMoney666 > 1 week ago | Report Abuse

Or do share buy back

Posted by FastMoney666 > 1 week ago | Report Abuse

Don't use same old long winded tactics

Posted by FastMoney666 > 1 week ago | Report Abuse

An old dog may have some cognitive capacity to learn new tricks.. 😂😂

Posted by FastMoney666 > 1 week ago | Report Abuse

Wat! SBB? Dividend? Why benefit COL? Why bail them out at such a good price? You see the problem here?? TTB said COL sold hastily....you mean they should sell only 5,000 days/day to maintain price? Then you are asking COL to use 600 trading days to exit? 😂😂 COL not so bodoh la....why crash iCAP price while they managed to disposed a small little brother middle finger while the whole body is still trapped in iCAP

Posted by Sslee > 1 week ago | Report Abuse

ICap's dividend policy will not only be subject to market and economic conditions, but also its value investing investment philosophy, it said. “It will be formulated as such – a base rate of 1% of the NAV per share, plus 8% of the difference between ICAP's share price and NAV.3 Oct 2023

Every shareholders of icapital must thank COL for NAV discount of ICAP widened from 17.51% to 27.36%.

So when will icapital declared the dividend of 1% of the NAV per share, plus 8% of the difference between ICAP's share price and NAV?

Posted by FastMoney666 > 1 week ago | Report Abuse

Dream ba.... Dividend... Rising NAV = more management fees😂😂

Posted by Sslee > 1 week ago | Report Abuse

https://www.icapital.my/2023-10-02-icapital-biz-berhad-announces-innovative-dividend-policy-en-us/

Posted by FastMoney666 > 1 week ago | Report Abuse

1st year innovative dividend Cheng Beng anniversary will come soon. RiP

Posted by Sslee > 1 week ago | Report Abuse

Are you saying the innovative dividend is a stillborn?

Posted by TheContrarian > 1 week ago | Report Abuse

Has an EGM been convened to approve the "innovative dividend" ?

Posted by FastMoney666 > 1 week ago | Report Abuse

All talk talk only....no action one on the innovative dividend....will be a miscarriage 🤣🤣

Posted by Thirai Thiraviam > 1 week ago | Report Abuse

@JohnD0ugh:
> In the 2nd half of May 2024, COL and its gang of bullies sold hundreds of thousands of ICAP shares. As a result, the share price of ICAP was pushed down from RM3.44 on 14 May 2024 to RM3.16 as at 31 May 2024, breaking its rising trend. In less than 2 weeks, ICAP's share price fell 8.13%.

I fear you are misrepresenting TTB's position. At every AGM, TTB has been lecturing us on how COL and Co. are keeping the ICAP price depressed by accumulating ICAP shares on the cheap. Didn't he even file a suit against COL to prevent them from buying more and thus keeping the prices low? Now that COL is finally selling, TTB, of all people, would be the one celebrating.

Posted by Thirai Thiraviam > 1 week ago | Report Abuse

@Sslee:
> https://www.icapital.my/2023-10-02-icapital-biz-berhad-announces-innovative-dividend-policy-en-us/

ICAP now sells at almost 27% discount. In this condition, should the dividend policy be implemented, the dividend would be about 14 cents per share.

Posted by FastMoney666 > 1 week ago | Report Abuse

My take TTB is using diversion tactics.. Hate DAP. Everything is DAP's problem. At this point TTB will be even more afraid to declare dividend. When it goes ex-dividend the share price has not mementum to go to before dividend... It's a psychological perception price got depresssed eve further.

Posted by JohnD0ugh > 6 days ago | Report Abuse

What Teng Boo has observed over the decades is that when a financial or economic crisis hits, individual investors have to bear the brunt, although in aggregate, they as taxpayers would be the ones who would have to bail out the financial system and economy. These acute observations have made a huge impression on Teng Boo and have had a transformable impact on his life and career.

Viewing this asymmetric fact of life as unfair and an assault on natural justice, Teng Boo has, early on, resolved and made it the mission of Capital Dynamics to help society's underdog, the retail investor, in an area where his contributions can have the greatest positive impact on society - investing.

Throughout his decades-long investing and business career, Teng Boo has always believed in empowering and championing individual investors. As part of his life-long effort, he has, through numerous means, encouraged university students to acquire knowledge of value investing and its benefits.

Under his leadership, Capital Dynamics organises the Budding Value Investor Award (BVIA), a global investment research competition that requires student participants to submit and present investment research papers, related to value investing. The BVIA is open to university students from all disciplines and from any country in the world.

Sponsored by Capital Dynamics and icapital.biz Berhad, the 2024 BVIA is not just a competition; it is a testament of our commitment to nurturing young talents in investment. Value investing is not just a strategy; it is a philosophy, a mental framework, and a discipline embraced by investing titans like Charlie Munger, Philip Fisher, Warren Buffett, and Benjamin Graham - an approach that drives success in both bull and bear markets.

While students who major in Business Administration, Finance, Accounting, Economics, etc. will benefit significantly through the practical application of investment and financial principles learned in school, students from all majors and disciplines such as Engineering, Law, Mathematics, Computer Science, History and more are also invited to participate in this exciting investment research competition.


i Capital Newsletter Volume 35 Issue 40

Posted by Sslee > 6 days ago | Report Abuse

Lead by example. If TTB intention is empowering and championing retail investors than he should attend companies AGM that icapital hold share and ask the hard questions and hold the BOD, external auditor accountable, responsible and answerable.

Posted by ocbc > 6 days ago | Report Abuse

Icap better buy Insas n attend their AGM

Posted by FastMoney666 > 2 days ago | Report Abuse

Dedicated to Papa TTB.....what is market manipulation.

SC sues Yu Kuan Chon over alleged market rigging, manipulation

https://theedgemalaysia.com/node/716904

Posted by JohnD0ugh > 52 minutes ago | Report Abuse

icapital.biz Berhad is a Malaysia-focused fund, with an objective of long-term capital appreciation based on the eclectic value investing philosophy of Capital Dynamics. It is not allowed to sell short, invest in derivatives or undertake any borrowings.

“A wise value investor is an Old Fool, one who learns to be patient and understand it’s not how fast one’s investment appreciates, but how sustainable the returns are that matter.”

I said those words years ago, and finds that they are especially useful when present day investors are so focused on chasing returns.

i Capital.biz Berhad 1Q2019 Report