What for HKEX dual listing? Even number of big stockowners 100,001 - 5% are decreasing each year due to bad performance. I don't mind you hold cash, but if it go against your expectation, to protect your self-esteem, TTB should reduce management fee himself. He should also get a balance between existing stockowners and potential stockowners, what I means is he should share buy back to increase NAV of ICAP. About 8 years ago, I was a zombie like cnman53, even not agree with someone advised ICAP to do share buy back. Now if you calculate, if share buy back, what is ICAP NAV now? He also lowered his standard, from 15% to the no lose because price below NAV. If TTB don't buy it himself, why other confident to buy it?
Stock: [ICAP]: ICAPITAL.BIZ BHD
2020-10-26 19:20 | Report Abuse
What for HKEX dual listing? Even number of big stockowners 100,001 - 5% are decreasing each year due to bad performance. I don't mind you hold cash, but if it go against your expectation, to protect your self-esteem, TTB should reduce management fee himself. He should also get a balance between existing stockowners and potential stockowners, what I means is he should share buy back to increase NAV of ICAP. About 8 years ago, I was a zombie like cnman53, even not agree with someone advised ICAP to do share buy back. Now if you calculate, if share buy back, what is ICAP NAV now? He also lowered his standard, from 15% to the no lose because price below NAV. If TTB don't buy it himself, why other confident to buy it?