2010-2012: Local newspaper, half page or full page ad mentioning that ICAP will be able to achieve 15% annual growth Next few years: Mentioned that ICAP will be able to beat the KLCI(The Malaysian stock market seems to be averaging 8-10% per year) Next few years: mentioned that it is at least better than FD and furthermore because of the discounted price you no lose anything
Some facts from that year: Mentioned ICAP is for long term investment. But investors who trusted him in 2010 and bought around 1.9 suffered. At that time, although he kept asking others to buy ICAP, he did not buy it himself. Facts have proved that the stock price in 2020 is still the same as that in 2010. When it comes to a crisis in China, you can find that he will say that China has ways to solve the problem. But when
it comes to the crisis in the United States, you can find that the United States seems to be sitting back and waiting to die. A reporter asked him at that time why the United States was not as finished as he analyzed. He said that "originally" it was, but because of the QE..... If ICAP implements share buyback when the discounted price exceed 30%, what will investors get today? Looking back at his comments about why he didn’t buy MYEG and why he should buy NESTLE if drop back to 4x, I feel that he is talking nonsense and just wants to save his face.
Now his great forecast is KLSE 3000?What do you think this time? He will turn 180 degree and correct this time? Or just as uncle from Kopitiam say he is just a 大炮TAN?
Stock: [ICAP]: ICAPITAL.BIZ BHD
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2010-2012: Local newspaper, half page or full page ad mentioning that ICAP will be able to achieve 15% annual growth
Next few years: Mentioned that ICAP will be able to beat the KLCI(The Malaysian stock market seems to be averaging 8-10% per year)
Next few years: mentioned that it is at least better than FD and furthermore because of the discounted price you no lose anything
Some facts from that year:
Mentioned ICAP is for long term investment. But investors who trusted him in 2010 and bought around 1.9 suffered.
At that time, although he kept asking others to buy ICAP, he did not buy it himself. Facts have proved that the stock price in 2020 is still the same as that in 2010.
When it comes to a crisis in China, you can find that he will say that China has ways to solve the problem. But when
it comes to the crisis in the United States, you can find that the United States seems to be sitting back and waiting to die.
A reporter asked him at that time why the United States was not as finished as he analyzed. He said that "originally" it was, but because of the QE.....
If ICAP implements share buyback when the discounted price exceed 30%, what will investors get today?
Looking back at his comments about why he didn’t buy MYEG and why he should buy NESTLE if drop back to 4x, I feel that he is talking nonsense and just wants to save his face.
Now his great forecast is KLSE 3000?What do you think this time? He will turn 180 degree and correct this time? Or just as uncle from Kopitiam say he is just a 大炮TAN?